AXA has announced that Richard Marwood, fund manager of its AXA Distribution fund, has left the company and will be joining Royal London. His replacements on the fund will be Jim Stride and Jamie Forbes-Wilson.
In accordance with standard Tilney Bestinvest policy we have removed the 3 star rating from the fund.
The value of investments can go down as well as up, and you can get back less than you originally invested.
Dependent on the assets invested in, investors should make themselves aware of the applicable risks. Funds may carry different levels of risk depending on the industry sector(s) in which they invest. You should ensure that you understand the nature of any fund before you invest in it.
Funds may carry different levels of risk depending on the industry sector(s) in which they invest. You should ensure that you understand the nature of any fund before you invest in it.
Bonds issued by major governments and companies will be more stable than those issued by emerging markets or smaller corporate issuers; in the event of an issuer experiencing financial difficulty, there may be a risk to some or all of the capital invested. Please note that historical or current yields should not be considered reliable indicators of future performance.
Fund manager
Jim Stride, Jamie Forbes-Wilson
Date
Fund rating
Analyst
Tom White
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