Axa Framlington will launch a new U.K. mid cap fund on March 4, 2011, Fund Strategy reports. The Axa Framlington U.K. Mid Cap fund will be managed by Chris John, who will use a mix of top-down themes and bottom-up stock analysis when determining the exact composition of the portfolio. The new vehicle will hold between 60-80 stocks, with a minimum of 70% of its portfolio exposed to the FTSE 250. Axa will initially offer the fund through an institutional share class.
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