AXA Investment Managers Paris

Fund Company

AXA Investment Managers Paris - http://www.axa-im.com
 

AXA IM's performance in 2011 confirms the soundness of their multi-expert asset management model which has yet again proved resilient in an extremely challenging environment for the industry. The investment performance generated for clients has continued to improve and demonstrates the value of their active management approach in difficult market conditions.


The much enhanced profitability of AXA IM in 2011 exceeding pre-crisis levels, has confirmed the success of their past efforts to reinforce and fine tune their multi-expert model. The agility and innovation of independent investment teams combined with the scale of one of the largest global and diversified asset managers in the world, has enabled AXA IM to retain and win new clients in a testing and uncertain environment.


Although 2012 will continue to be challenging for the financial sector, as a long term investor dedicated to active management, AXA IM is ideally placed to capture the opportunities presented to investors by evolving markets. AXA IM will continue to foster partnerships based on trust and transparency with their clients and capitalise on their solutions approach to address the ever growing and complex investment needs of clients globally.


Company

Fund Name

ISIN

Currency

Inception Date

Rating

Risk

Profile

AXA Investment Managers Paris S.A.

AXA Aedificandi D

FR0000170193

EUR

29/04/1970

4

High

The fund aims to benefit from the growth potential of the European Real Estate market (dividends reinvested) over a five years rolling period, by investing in listed securities of the Real Estate sector in the Eurozone. The implemented philosophy combines a bottom-up approach (stock selection) and to a lesser extent a top down approach (geographical allocation).

AXA Investment Managers Paris S.A.

AXA Aedificandi C

FR0000172041

EUR

28/04/2003

4

Medium

The fund aims to benefit from the growth potential of the European Real Estate market (dividends reinvested) over a five years rolling period, by investing in listed securities of the Real Estate sector in the Eurozone. The implemented philosophy combines a bottom-up approach (stock selection) and to a lesser extent a top down approach (geographical allocation).

AXA Investment Managers Paris S.A.

AXA Wld II North Amer Eq Fd A Dis

LU0011972238

USD

31/12/1990

3

Medium

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing at all time at least two thirds of the total assets of the Sub-Fund in equities and equities related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the United States.

AXA Investment Managers Paris S.A.

AXA Wld II Fd Far East Eq Fd Dis

LU0011972311

JPY

31/12/1990

3

Medium

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in JPY from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing at all time at least two thirds of the total assets of the Sub-Fund in equities and equities related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the Asia Pacific region including Japan.

AXA Investment Managers Paris S.A.

AXA Wld II Fd Global Master Eq Cap

LU0011972584

USD

31/12/1990

3

Low

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile.  Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance.

AXA Investment Managers Paris S.A.

AXA Wld II Cont Europ Op Eq Fund

LU0011972741

EUR

31/12/1990

3

Medium

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in EUR from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance.  The Investment Manager will seek to achieve the objective of the Sub-Fund by investing at all time at least two thirds of the total assets of the Sub-Fund in equities and equities related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in Continental European countries.

AXA Investment Managers Paris S.A.

Axa World Fd Euro Bonds A EUR Cap

LU0072814717

EUR

22/01/1997

3

Medium

The fund’s objective is to achieve a mix of income and capital growth by investing in fixed and floating rate securities.  Typical investors would seek a mix of income and capital growth measured in euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio consisting of Euro zone government bonds and of any other high quality bonds, including Investment Grade transferable debt securities issued by corporations or public institutions, denominated in Euro. These securities will primarily be rated investment grade, taking into account that the Sub-Fund may invest only up to 5% in sub-investment grade securities (i.e., rated lower than BBB- by Standard & Poor’s or lower than Baa3 by Moody’s or, if unrated, then deemed to be so by the Investment Manager).

AXA Investment Managers Paris S.A.

AXA World Fd Euro Bonds EUR

LU0072815284

EUR

22/01/1997

3

Medium

The fund’s objective is to achieve a mix of income and capital growth by investing in fixed and floating rate securities.  Typical investors would seek a mix of income and capital growth measured in euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio consisting of Euro zone government bonds and of any other high quality bonds, including Investment Grade transferable debt securities issued by corporations or public institutions, denominated in Euro. These securities will primarily be rated investment grade, taking into account that the Sub-Fund may invest only up to 5% in sub-investment grade securities (i.e., rated lower than BBB- by Standard & Poor’s or lower than Baa3 by Moody’s or, if unrated, then deemed to be so by the Investment Manager).

AXA Investment Managers Paris S.A.

AXA WF Framlington Euro Relat Val A

LU0073680380

EUR

01/04/1988

4

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. As from 1June 2010, the Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in all cap companies, principally in large and medium sized companies based in the Euro zone and not more than 10% of the assets of the Sub-Fund in companies not based in the Euro zone.

AXA Investment Managers Paris S.A.

AXA WF Framlington Euro Relat Val A

LU0073680463

EUR

01/04/1988

4

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. As from 1June 2010, the Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in all cap companies, principally in large and medium sized companies based in the Euro zone and not more than 10% of the assets of the Sub-Fund in companies not based in the Euro zone.

AXA Investment Managers Paris S.A.

AXA WF Global Aggr Bonds A USD Cap

LU0073690421

USD

01/04/1988

3

Low

The objective of the Sub-Fund is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio of transferable debt securities denominated in any freely convertible currencies issued by OECD governments and other investment grade corporations or institutions and mortgages and asset backed securities, that are located anywhere in the world. The Sub-Fund may invest on an ancillary basis in transferable debt securities issued by non-OECD governments, corporations or public institutions. These securities will primarily be rated investment grade, taking into account that the Sub-Fund may invest only up to 10% in sub-investment grade securities.

AXA Investment Managers Paris S.A.

AXA WF Framlington Italy AD EUR

LU0087656426

EUR

10/01/1997

5

High

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing mainly in companies domiciled or listed in Italy. The portfolio will comprise a selection of Italian large, mid and small cap companies. The Sub-Fund may invest at all time at least two thirds of its total assets in equities and equity related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in Italy.

AXA Investment Managers Paris S.A.

AXA WF Framlington Italy AC EUR

LU0087656699

EUR

10/01/1997

5

High

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing mainly in companies domiciled or listed in Italy. The portfolio will comprise a selection of Italian large, mid and small cap companies. The Sub-Fund may invest at all time at least two thirds of its total assets in equities and equity related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in Italy.

AXA Investment Managers Paris S.A.

AXA WF Framlington Switzerland A

LU0087657077

CHF

20/06/1990

3

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in CHF from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in companies domiciled in Switzerland. The portfolio will comprise a selection of large and well-known Swiss blue chips. The Sub-Fund may also invest in mid cap and small cap companies.

AXA Investment Managers Paris S.A.

AXA WF Framlington Switzerland A

LU0087657150

CHF

20/06/1990

3

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in CHF from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in companies domiciled in Switzerland. The portfolio will comprise a selection of large and well-known Swiss blue chips. The Sub-Fund may also invest in mid cap and small cap companies.

AXA Investment Managers Paris S.A.

AXA WF Force 3 A EUR Cap

LU0094158234

EUR

18/01/1999

2

Medium

The fund’s objective is to achieve medium term capital and income growth by investing in a diversified portfolio of equities, bonds, money market instruments and ancillary cash, directly or through the investment in other UCITS and/or UCI. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek medium term capital and income growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund while containing volatility of returns by investing in a broad set of world market bonds, Money Market Instruments and equities issued in the OECD or non-OECD countries.

AXA Investment Managers Paris S.A.

AXA WF Force 3 A EUR Dis

LU0094158408

EUR

18/01/1999

2

Medium

The fund’s objective is to achieve medium term capital and income growth by investing in a diversified portfolio of equities, bonds, money market instruments and ancillary cash, directly or through the investment in other UCITS and/or UCI. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek medium term capital and income growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund while containing volatility of returns by investing in a broad set of world market bonds, Money Market Instruments and equities issued in the OECD or non-OECD countries.

AXA Investment Managers Paris S.A.

AXA WF Global Flex 50 A EUR Cap

LU0094159042

EUR

18/01/1999

4

Medium

The fund’s objective is to achieve medium term capital and income growth by investing in a diversified portfolio of equities, bonds, Money Market Instruments and ancillary cash directly or through the investment in other UCITS and/or UCI. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek medium term capital and income growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund while accepting some volatility of returns by investing mainly in a broad set of world market bonds, Money Market Instruments and equities issued in the OECD or non-OECD countries. There is no formal restriction on the proportion of the Sub-Fund’s assets that can be invested in and/or exposed to any one particular market.

AXA Investment Managers Paris S.A.

AXA WF Global Flex 50 A EUR Dis

LU0094159125

EUR

18/01/1999

4

Medium

The fund’s objective is to achieve medium term capital and income growth by investing in a diversified portfolio of equities, bonds, Money Market Instruments and ancillary cash directly or through the investment in other UCITS and/or UCI. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek medium term capital and income growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund while accepting some volatility of returns by investing mainly in a broad set of world market bonds, Money Market Instruments and equities issued in the OECD or non-OECD countries. There is no formal restriction on the proportion of the Sub-Fund’s assets that can be invested in and/or exposed to any one particular market.

AXA Investment Managers Paris S.A.

AXA WF Global Flex 100 A EUR Cap

LU0094159984

EUR

18/01/1999

4

Medium

The fund’s objective is to achieve medium term capital and income growth by investing in a diversified portfolio of equities, bonds, Money Market Instruments and ancillary cash directly or through the investment in other UCITS and/or UCI. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek medium term capital and income growth measured in Euro.  The Investment Manager will seek to achieve the objectives of the Sub-Fund while accepting significant volatility of returns by investing mainly in a broad set of world market bonds, Money Market Instruments and equities issued in the OECD or non-OECD countries. The emphasis is put on equities issued principally within the Euro zone.

AXA Investment Managers Paris S.A.

AXa WF Global Flex 100 A EUR Dis

LU0094160727

EUR

18/01/1999

4

Medium

The fund’s objective is to achieve medium term capital and income growth by investing in a diversified portfolio of equities, bonds, Money Market Instruments and ancillary cash directly or through the investment in other UCITS and/or UCI. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek medium term capital and income growth measured in Euro.  The Investment Manager will seek to achieve the objectives of the Sub-Fund while accepting significant volatility of returns by investing mainly in a broad set of world market bonds, Money Market Instruments and equities issued in the OECD or non-OECD countries. The emphasis is put on equities issued principally within the Euro zone.

AXA Investment Managers Paris S.A.

AXA WF Framlington European Opp A

LU0125727437

EUR

09/03/2001

4

High

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing primarily in companies domiciled or listed in the European geographical area. The emphasis is placed in securities of listed European companies. The emphasis of the Sub-Fund will be to hold a relatively concentrated portfolio chosen on the basis of outlook for those companies rather than on a country or sector basis. The Sub-Fund may invest at all time at least 75% of its total assets in companies which are domiciled or carry out a large portion of their economic activity in the European geographical area.

AXA Investment Managers Paris S.A.

AXA WF Framlington European Opp A

LU0125727601

EUR

09/03/2001

4

High

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing primarily in companies domiciled or listed in the European geographical area. The emphasis is placed in securities of listed European companies. The emphasis of the Sub-Fund will be to hold a relatively concentrated portfolio chosen on the basis of outlook for those companies rather than on a country or sector basis. The Sub-Fund may invest at all time at least 75% of its total assets in companies which are domiciled or carry out a large portion of their economic activity in the European geographical area.

AXA Investment Managers Paris S.A.

AXA WF Framlington Euro Sm Cap Eq A

LU0125731546

EUR

09/03/2001

4

High

The objective of the Sub-Fund is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments.  The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in small and medium sized companies domiciled in European geographical area. Attention to the investor who are tax resident in France is made on the eligibility of the Sub-Fund to the French PEA account, meaning that the Sub-Fund is permanently invested for a minimum of 75% in securities or right eligible to the PEA (for indicative purpose, at the date of the Prospectus, the Sub Fund shall invest a minimum of 75% in equities or rights issued by companies having their registered office in the European Economic Area, excluding Liechtenstein).

AXA Investment Managers Paris S.A.

AXA WF Framlington Euro Sm Cap Eq A

LU0125741180

EUR

09/03/2001

4

High

The objective of the Sub-Fund is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments.  The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in small and medium sized companies domiciled in European geographical area. Attention to the investor who are tax resident in France is made on the eligibility of the Sub-Fund to the French PEA account, meaning that the Sub-Fund is permanently invested for a minimum of 75% in securities or right eligible to the PEA (for indicative purpose, at the date of the Prospectus, the Sub Fund shall invest a minimum of 75% in equities or rights issued by companies having their registered office in the European Economic Area, excluding Liechtenstein).

AXA Investment Managers Paris S.A.

AXA World Fd Euro High Yield Bonds

LU0125750256

EUR

12/03/2001

4

Medium

The fund’s objective is to achieve a high income by investing in fixed and floating rate securities, with capital growth being a secondary consideration. Typical investors would seek a high income measured in USD. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing the assets of the Sub-Fund in a broadly diversified portfolio of international fixed income transferable debt securities issued mainly by American and European corporations. These securities will primarily be sub-investment grade (ie: rated lower than BBB- by Standard and Poor’s or lower than Baa3 by Moody’s or if unrated then deemed to be so by the Investment Manager).

AXA Investment Managers Paris S.A.

AXA World Fd Gl H Yield Bd A Cap

LU0125750504

EUR

12/03/2001

4

Medium

The fund’s objective is to achieve a high income by investing in fixed and floating rate securities, with capital growth being a secondary consideration. Typical investors would seek a high income measured in USD. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing the assets of the Sub-Fund in a broadly diversified portfolio of international fixed income transferable debt securities issued mainly by American and European corporations. These securities will primarily be sub-investment grade (ie: rated lower than BBB- by Standard and Poor’s or lower than Baa3 by Moody’s or if unrated then deemed to be so by the Investment Manager).

AXA Investment Managers Paris S.A.

AXA WF Framlington Europe Emerg A

LU0146923395

EUR

25/04/2002

3

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in equities and equity related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the Emerging European states, with particular emphasis on Poland, Czech Republic, Hungary, Russia and Turkey.

AXA Investment Managers Paris S.A.

AXA WF Framlington Europe Emerg A

LU0146924013

EUR

25/04/2002

3

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in equities and equity related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the Emerging European states, with particular emphasis on Poland, Czech Republic, Hungary, Russia and Turkey.

AXA Investment Managers Paris S.A.

AXA WF Global Aggr Bonds A USD Dis

LU0149002841

USD

01/04/1988

3

Low

The objective of the Sub-Fund is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio of transferable debt securities denominated in any freely convertible currencies issued by OECD governments and other investment grade corporations or institutions and mortgages and asset backed securities, that are located anywhere in the world. The Sub-Fund may invest on an ancillary basis in transferable debt securities issued by non-OECD governments, corporations or public institutions. These securities will primarily be rated investment grade, taking into account that the Sub-Fund may invest only up to 10% in sub-investment grade securities.

AXA Investment Managers Paris S.A.

AXA WF Euro Credit Plus A EUR Cap

LU0164100710

EUR

28/02/2003

4

Medium

The fund’s objective is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in Euro. The aim of this Sub-Fund is to achieve a mixture of capital appreciation and high return over the medium term, managing at the same time risk exposure. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing in a diversified range of corporate and sovereign bonds based principally in OECD countries, taking into account that the Sub-Fund may invest only up to 30% of its net assets in bonds of said issuers rated sub-investment grade (i.e. under «BBB-») by one or more of these rating Agencies: Standard & Poor’ s, Moody’ s, IBCA or if unrated then deemed to be so by the Investment Manager in the best interest of the Sub-Fund Shareholders.

AXA Investment Managers Paris S.A.

AXA WF Euro Credit Plus A EUR Dis

LU0164100801

EUR

06/10/1999

4

Medium

The fund’s objective is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in Euro. The aim of this Sub-Fund is to achieve a mixture of capital appreciation and high return over the medium term, managing at the same time risk exposure. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing in a diversified range of corporate and sovereign bonds based principally in OECD countries, taking into account that the Sub-Fund may invest only up to 30% of its net assets in bonds of said issuers rated sub-investment grade (i.e. under «BBB-») by one or more of these rating Agencies: Standard & Poor’ s, Moody’ s, IBCA or if unrated then deemed to be so by the Investment Manager in the best interest of the Sub-Fund Shareholders.

AXA Investment Managers Paris S.A.

AXA WF Optimal Income - A INC

LU0179866354

EUR

19/11/2003

3

Medium

The fund’s objective is to achieve a long term capital growth combined with a stable income. Typical investors would seek stable income combined with long-term capital growth measured in euro. The income yields are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing in a set of high dividend equities or fixed income securities issued by any governments and companies which are domiciled or listed in any countries of Europe. Nevertheless, the Investment Manager could invest up to 10% of its assets in securities issued by any governments and companies based in non-European countries.

AXA Investment Managers Paris S.A.

AXA WF Optimal Income A ACC Cap

LU0179866438

EUR

19/11/2003

3

Medium

The fund’s objective is to achieve a long term capital growth combined with a stable income. Typical investors would seek stable income combined with long-term capital growth measured in euro. The income yields are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing in a set of high dividend equities or fixed income securities issued by any governments and companies which are domiciled or listed in any countries of Europe. Nevertheless, the Investment Manager could invest up to 10% of its assets in securities issued by any governments and companies based in non-European countries.

AXA Investment Managers Paris S.A.

AXA Wf II Far East Equities

LU0182895986

USD

13/02/2004

3

Medium

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in JPY from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing at all time at least two thirds of the total assets of the Sub-Fund in equities and equities related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the Asia Pacific region including Japan.

AXA Investment Managers Paris S.A.

AXA Wf II Far East Equities

LU0182896109

USD

13/02/2004

3

Medium

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in JPY from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing at all time at least two thirds of the total assets of the Sub-Fund in equities and equities related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the Asia Pacific region including Japan.

AXA Investment Managers Paris S.A.

AXA Wf II Global Master Equities

LU0184061520

USD

13/02/2004

4

Low

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile.  Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance.

AXA Investment Managers Paris S.A.

AXA Wf II Far East Equities Cap

LU0184061876

JPY

13/02/2004

3

Medium

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in JPY from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing at all time at least two thirds of the total assets of the Sub-Fund in equities and equities related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the Asia Pacific region including Japan.

AXA Investment Managers Paris S.A.

AXA Wf II North American Equities

LU0184062098

USD

13/02/2004

3

Medium

The fund’s objective is to achieve long-term capital growth. The investment policy of the Sub-Fund is structured so as to offer investors a clear choice of risk/reward profile. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The income yields of the Sub-Fund are of secondary importance. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing at all time at least two thirds of the total assets of the Sub-Fund in equities and equities related instruments issued by companies which are domiciled or carry out a large portion of their economic activity in the United States.

AXA Investment Managers Paris S.A.

AXA WF Framlington Switzerland A

LU0184627536

EUR

27/02/2004

3

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in CHF from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in companies domiciled in Switzerland. The portfolio will comprise a selection of large and well-known Swiss blue chips. The Sub-Fund may also invest in mid cap and small cap companies.

AXA Investment Managers Paris S.A.

AXA WF Framlington Switzerland A

LU0184627965

EUR

27/02/2004

3

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in CHF from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in companies domiciled in Switzerland. The portfolio will comprise a selection of large and well-known Swiss blue chips. The Sub-Fund may also invest in mid cap and small cap companies.

AXA Investment Managers Paris S.A.

AXA Wf Global High Yield Bonds Cap

LU0184630167

USD

27/02/2004

4

Medium

The fund’s objective is to achieve a high income by investing in fixed and floating rate securities, with capital growth being a secondary consideration. Typical investors would seek a high income measured in USD. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing the assets of the Sub-Fund in a broadly diversified portfolio of international fixed income transferable debt securities issued mainly by American and European corporations. These securities will primarily be sub-investment grade (ie: rated lower than BBB- by Standard and Poor’s or lower than Baa3 by Moody’s or if unrated then deemed to be so by the Investment Manager).

AXA Investment Managers Paris S.A.

AXA Wf Global High Yield Bonds

LU0184630837

USD

27/02/2004

4

Medium

The fund’s objective is to achieve a high income by investing in fixed and floating rate securities, with capital growth being a secondary consideration. Typical investors would seek a high income measured in USD. The Investment Manager will seek to achieve the objective of the Sub-Fund by investing the assets of the Sub-Fund in a broadly diversified portfolio of international fixed income transferable debt securities issued mainly by American and European corporations. These securities will primarily be sub-investment grade (ie: rated lower than BBB- by Standard and Poor’s or lower than Baa3 by Moody’s or if unrated then deemed to be so by the Investment Manager).

AXA Investment Managers Paris S.A.

AXA WF Global Aggr Bonds A EUR Cap

LU0184633773

EUR

27/02/2004

3

Low

The objective of the Sub-Fund is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio of transferable debt securities denominated in any freely convertible currencies issued by OECD governments and other investment grade corporations or institutions and mortgages and asset backed securities, that are located anywhere in the world. The Sub-Fund may invest on an ancillary basis in transferable debt securities issued by non-OECD governments, corporations or public institutions. These securities will primarily be rated investment grade, taking into account that the Sub-Fund may invest only up to 10% in sub-investment grade securities.

AXA Investment Managers Paris S.A.

AXA WF Global Aggr Bonds A EUR Dis

LU0184633930

EUR

27/02/2004

3

Low

The objective of the Sub-Fund is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio of transferable debt securities denominated in any freely convertible currencies issued by OECD governments and other investment grade corporations or institutions and mortgages and asset backed securities, that are located anywhere in the world. The Sub-Fund may invest on an ancillary basis in transferable debt securities issued by non-OECD governments, corporations or public institutions. These securities will primarily be rated investment grade, taking into account that the Sub-Fund may invest only up to 10% in sub-investment grade securities.

AXA Investment Managers Paris S.A.

AXA WF Framlington Talents A

LU0189847683

EUR

24/08/2001

2

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund through an exposure to all cap international equities. This Sub-Fund will be selecting stocks using an entrepreneur investment philosophy.  The portfolio manager developed this investment philosophy as he believes financial markets are not efficient and too many companies are badly managed or depend on economic cycles. Therefore, the portfolio manager prefers to trust men who have a strong track record in developing business and creating value.

AXA Investment Managers Paris S.A.

AXA WF Framlington Europ Microcap A

LU0212992860

EUR

07/03/2005

1

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. Attention to the investor who are tax resident in France is made on the eligibility of the Sub-Fund to the French PEA account, meaning that the Sub-Fund is permanently invested for a minimum of 75% in securities or right eligible to the PEA (for indicative purpose, at the date of the Prospectus, the Sub Fund shall invest a minimum of 75% in equities or rights issued by companies having their registered office in the European Economic Area, excluding Liechtenstein).

AXA Investment Managers Paris S.A.

AXA WF Europe Real Estate Sec A Cap

LU0216734045

EUR

16/08/2005

4

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities.  The sub-fund will seek to achieve its objectives by investing permanently capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities. This strategy combines the "bottom-up" research process which aims for a strict selection of securities and to a lesser extent the "top-down" method in view of geographical asset allocation.

AXA Investment Managers Paris S.A.

AXA WF Framlington Eur Re Est Sec A

LU0216734805

EUR

16/08/2005

4

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities.  The sub-fund will seek to achieve its objectives by investing permanently capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments on such securities. This strategy combines the "bottom-up" research process which aims for a strict selection of securities and to a lesser extent the "top-down" method in view of geographical asset allocation.

AXA Investment Managers Paris S.A.

AXA WF Framlington Em Mkt Talents A

LU0227146197

EUR

13/09/2005

1

High

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at least two thirds of its total assets in equities and equity related instruments issued by all cap companies domiciled or which exercise the preponderant part of their economic activities in emerging markets.

AXA Investment Managers Paris S.A.

AXA WF - Global Em M Bd Cap

LU0251658026

EUR

18/04/2006

4

Medium

The fund’s objective is to seek performance through dynamic exposure mainly to debt securities issued in the emerging debt universe. In addition, the Investment Manager will try to reduce the emerging markets debt exposure of the Sub-Fund by hedging part of the bonds risk through various strategies, including mainly the sale or purchase of protection via credit default swaps. The Sub-Fund aims to get all the potential return of the emerging markets debt while limiting emerging markets debt risk. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in transferable debt securities issued in the emerging debt universe worldwide. The Sub-Fund will invest in transferable debt securities issued by local emerging countries and public or private companies.

AXA Investment Managers Paris S.A.

AXA WF - Global Em M Bd Dis

LU0251658299

EUR

18/04/2006

4

Medium

The fund’s objective is to seek performance through dynamic exposure mainly to debt securities issued in the emerging debt universe. In addition, the Investment Manager will try to reduce the emerging markets debt exposure of the Sub-Fund by hedging part of the bonds risk through various strategies, including mainly the sale or purchase of protection via credit default swaps. The Sub-Fund aims to get all the potential return of the emerging markets debt while limiting emerging markets debt risk. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in transferable debt securities issued in the emerging debt universe worldwide. The Sub-Fund will invest in transferable debt securities issued by local emerging countries and public or private companies.

AXA Investment Managers Paris S.A.

AXA WF - Euro Inflation Bd Cap

LU0251658612

EUR

17/04/2006

3

High

The fund’s objective is to seek performance through dynamic exposure mainly to inflation-linked bonds denominated in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in a diversified portfolio consisting of inflation-linked bonds and of any other related debt securities issued by corporations or public institutions of the Euro zone, and denominated in Euro. The Investment Manager may invest the remaining assets in other debt securities which are not inflation-linked. Furthermore, he will not invest more than one third of the total assets of the Sub-Fund in Money Market Instruments.

AXA Investment Managers Paris S.A.

AXA WF - Euro Inflation Bd Dis

LU0251658703

EUR

17/04/2006

3

High

The fund’s objective is to seek performance through dynamic exposure mainly to inflation-linked bonds denominated in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in a diversified portfolio consisting of inflation-linked bonds and of any other related debt securities issued by corporations or public institutions of the Euro zone, and denominated in Euro. The Investment Manager may invest the remaining assets in other debt securities which are not inflation-linked. Furthermore, he will not invest more than one third of the total assets of the Sub-Fund in Money Market Instruments.

AXA Investment Managers Paris S.A.

AXA World Fd Euro Cre A Dur EUR Cap

LU0251661756

EUR

18/04/2006

4

Medium

The fund’s objective is to seek performance through dynamic exposure mainly to bonds denominated in Euro. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio consisting mainly of Investment Grade transferable debt securities issued by governments, corporations or public institutions, mainly denominated in Euro. The Sub-Fund will be managed with an interest rate sensitivity ranging from 0 to 4. The sensitivity is an indicator measuring the impact of a variation of 1% of the market interest rates on the value of the Sub-Fund.

AXA Investment Managers Paris S.A.

AXA WF Framlington Talents A

LU0266005023

USD

05/09/2006

2

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivative instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund through an exposure to all cap international equities. This Sub-Fund will be selecting stocks using an entrepreneur investment philosophy.  The portfolio manager developed this investment philosophy as he believes financial markets are not efficient and too many companies are badly managed or depend on economic cycles. Therefore, the portfolio manager prefers to trust men who have a strong track record in developing business and creating value.

AXA Investment Managers Paris S.A.

AXA WF Gl Inflation Bonds A EUR Cap

LU0266009793

EUR

05/09/2006

4

Medium

The fund’s objective is to seek performance through dynamic exposure mainly to inflation-linked bonds issued in the OECD. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in a diversified portfolio consisting of inflation-linked bonds and of any other related debt securities issued by OECD governments, corporations or public institutions worldwide. The Investment Manager may invest the remaining assets in any other debt securities which are not inflation-linked.

AXA Investment Managers Paris S.A.

AXA WF Gl Inflation Bonds A USD Cap

LU0266009959

USD

05/09/2006

4

Medium

The fund’s objective is to seek performance through dynamic exposure mainly to inflation-linked bonds issued in the OECD. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all time at least two thirds of its total assets in a diversified portfolio consisting of inflation-linked bonds and of any other related debt securities issued by OECD governments, corporations or public institutions worldwide. The Investment Manager may invest the remaining assets in any other debt securities which are not inflation-linked.

AXA Investment Managers Paris S.A.

AXA WF Framlington Gl Rea Est Sec A

LU0266012235

EUR

28/08/2006

2

Medium

The fund’s objective is to achieve long-term capital growth. Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Sub-Fund will seek to achieve its objectives by permanently investing at least two thirds of the total assets of the Sub-Fund in transferable securities issued by companies worldwide engaged in the real estate industry. This strategy combines a "bottom-up" research process which aims at selecting securities and to a lesser extent a "top-down" approach in view of geographical and thematic asset allocation. For hedging and efficient portfolio management purposes, this Sub-Fund may also expose itself to equities, equity related securities, bonds, any fixed income instruments, indexes and currencies, through the use of derivative instruments within the limits set forth in the section “Investment Restrictions”.

AXA Investment Managers Paris S.A.

AXA WF Framlington Junior Energy A

LU0266019321

EUR

28/08/2006

3

High

The fund’s objective is to achieve long-term capital growth.  Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the investment objectives of the Sub-Fund by investing permanently worldwide at least two thirds of the total assets of the Sub-Fund in listed small and mid size companies which operate in the energy sector.

AXA Investment Managers Paris S.A.

AXA WF Framlington Junior Energy A

LU0266019594

USD

28/08/2006

3

High

The fund’s objective is to achieve long-term capital growth.  Typical investors would seek long-term capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the investment objectives of the Sub-Fund by investing permanently worldwide at least two thirds of the total assets of the Sub-Fund in listed small and mid size companies which operate in the energy sector.

AXA Investment Managers Paris S.A.

AXA WF Framlington Glob Envir A Cap

LU0293651211

USD

18/02/2010

NULL

NULL

The fund’s objective is to achieve long term capital growth. Typical investors would seek long-term capital growth measured in EUR from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing permanently at least 70 % of the total assets of the Sub-Fund in international equities and equity related instruments issued by all cap companies worldwide engaged in the global market of environment in the sector of energy, waste, water, industrial process and safety or any other relevant sector.

AXA Investment Managers Paris S.A.

AXA WF Framlington Em. Market A Cap

LU0327689542

EUR

26/11/2007

3

Medium

The fund’s objective is to achieve long term capital growth. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments.  The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all times at least two thirds of its total assets in equities and equity related instruments issued by companies domiciled or which exercise the preponderant part of their economic activities in emerging markets. Investment is made in developing countries in companies which, in the Investment Manager’s opinion, show above average profitability, management quality and growth.

AXA Investment Managers Paris S.A.

AXA WF Framlington Em. Market A Cap

LU0327689625

GBP

26/11/2007

4

Medium

The fund’s objective is to achieve long term capital growth. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments.  The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all times at least two thirds of its total assets in equities and equity related instruments issued by companies domiciled or which exercise the preponderant part of their economic activities in emerging markets. Investment is made in developing countries in companies which, in the Investment Manager’s opinion, show above average profitability, management quality and growth.

AXA Investment Managers Paris S.A.

AXA WF Framlington Em. Market A Cap

LU0327690045

USD

26/11/2007

3

Medium

The fund’s objective is to achieve long term capital growth. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivative instruments.  The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all times at least two thirds of its total assets in equities and equity related instruments issued by companies domiciled or which exercise the preponderant part of their economic activities in emerging markets. Investment is made in developing countries in companies which, in the Investment Manager’s opinion, show above average profitability, management quality and growth.

AXA Investment Managers Paris S.A.

AXA Framlington Amer Growth EUR Cap

LU0361788507

EUR

01/10/2009

NULL

NULL

The objective of the Sub-Fund is to achieve long term capital growth. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all times at least two thirds of its total assets in equities and equity related instruments issued by all cap companies domiciled or which exercise the preponderant part of their economic activities in the Americas, including the US, Canada and Mexico, which, in the Investment Manager’s opinion, show above average profitability, management quality and growth. The Sub-Fund may invest not more than one third of its total assets in Money Market Instruments and up to 10% of its assets in convertible and straight bonds.

AXA Investment Managers Paris S.A.

AXA WF Framlington Am Growth A Cap

LU0361791394

USD

01/10/2009

NULL

NULL

The objective of the Sub-Fund is to achieve long term capital growth. Typical investors would seek long-term capital growth measured in USD from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at all times at least two thirds of its total assets in equities and equity related instruments issued by all cap companies domiciled or which exercise the preponderant part of their economic activities in the Americas, including the US, Canada and Mexico, which, in the Investment Manager’s opinion, show above average profitability, management quality and growth. The Sub-Fund may invest not more than one third of its total assets in Money Market Instruments and up to 10% of its assets in convertible and straight bonds.