AXA Investment Managers is planning to unveil a new mid cap fund, Citywire reports. The new vehicle will be launched through its investment unit, AXA Framlington, by March 2011. Chris John will manage the fund. The new fund will invest in a portfolio consisting of 60-80 stocks with a minimum of 70% invested in mid caps, while the remaining portfolio will be evenly divided between blue chips and small caps.
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