AXA Framlington Equity Income: Qual. Rating Issued
AXA Framlington Equity Income can require patience, but we believe it's worth the wait.
"The 45% loss in 2008 will have been a painful experience for its investors. It stemmed directly from the fund's barbell approach, which sees a high portion of assets invested in small- and micro-cap stocks for capital growth alongside large-cap, dividend paying issues. With liquidity drying up and investors shunning risk, small-caps fell sharply in 2008, and this fund was caught in the downdraft..."
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