AXA IOM launches Autobalancing fund

Designed to help investors time movements in and out of market sectors, it is exclusively available through the AXA Isle of Man offshore bonds. The fund aims to offer diversified asset exposure to established equity markets, emerging equity markets, worldwide property and commodities by purchasing a bespoke security issued by RBS. The fund monitors these market sectors daily. On a monthly basis, the fund can divert out of individual sectors into a money market fund when a downward trend is detected or volatility exceeds normal parameters. Furthermore, it can switch out of individu...