we are delighted to invite you to our AXA WF Framlington Digital Economy webcast.

Our fund invests in opportunities across the entire e-commerce value chain and has delivered performance of 14% YTD (cf performance table below), including good resilience in March . The trend we call ‘connected consumer’ has been well positioned during the covid-19 crisis but what’s next for the digital economy strategy? 

Jeremy Gleeson, Portfolio Manager will share his views about the sector and provide a Fund overview.

Past performance is not an indicator of future performance.

Agenda

·    Investment process: Focus on our 4 sub-themes approach – resilience and alpha generation

·    Market review: Digital economy trend acceleration – winners and losers

·    Performance review: how did we performance against our peers and the Tech sectors

·    Market outlook: what’s next after the market rebound & opportunities for 2020

The presentation will be followed by a Q/A session.

Add to calendar

Portfolio Manager AXA IM Framlington Equities

As a portfolio manager at Framlington Equities, Jeremy Gleeson has been responsible for managing Global Technology strategies since 2007. He is also the global technology specialist within our internal research organisation.Prior to AXA IM, Jeremy was portfolio manager on several technology funds at Close Investments (formerly Reabourne Technology), a subsidiary of Close Brothers Group PLC. He started his investment career in 1997.

Jeremy holds a Master’s degree in Systems Engineering from Cardiff University and a Bachelor’s degree in Mathematics. He is also a CFA charterholder.

***From 24/10/17 to 31/12/17.

·    Shares’ prices on equity markets may fluctuate namely pursuant to investor’s expectations or anticipations, causing high potential volatility risk. Volatility on equity markets has historically been much greater than the volatility of fixed income markets. Should the price of Shares fall within the SubFund’s portfolio, the NAV of the Sub-Fund will also fall.

·    The fund may hold investments denominated in currencies other than the base currency of the fund. As a result, exchange rate movements may cause the value of investments (and any income received from them) to fall or rise effecting the fund’s value.

·    Investments in securities issued or listed in different countries may imply the application of different standards and regulations (accounting, auditing and financial reporting standards, clearance and settlement procedures, taxes on dividends…). Investments may be affected by movements of foreign exchange rates, changes in laws or restrictions applicable to such investments, changes in exchange control regulations or price volatility.

·    Legal infrastructure, in certain countries in which investments may be made, may not provide with the same degree of investors’ protection or information to investors, as would generally apply to major securities markets (governments’ influence, social, political and economic instability, different accounting, auditing and financial report practises). Emerging markets securities may also be less liquid and more volatile than similar securities available in major markets, and there are higher risks associated to transactions settlement, involving timing and pricing issues.

·    Implies specific liquidity risk. The possible lack of a liquid market may inhibit the ability of the relevant Sub-Funds to purchase or sell such investment at an advantageous price. The NAV of the SubFunds may be adversely affected. mall and micro capitalisation universe risk.

·    Certain Sub-Funds concentrate their investments in certain asset classes (commodities, real estate) or in companies of certain sectors of the economy (such as health care, consumer staples and services, telecommunications or real estate) and are therefore subject to the risks associated with concentrating investments in such classes and sectors. This type of strategy may lead to adverse consequences when such asset classes or sectors become less valued or less liquid.

·    Applying ESG and sustainability criteria to the investment process may exclude securities of certain issuers for non-investment reasons and therefore some market opportunities available to funds that do not use ESG or sustainability criteria may be unavailable for the Sub-Fund, and the Sub-Fund’s performance may at times be better or worse than the performance of relatable funds that do not use ESG or sustainability criteria.