AXA Framlington Equity Inc: Qual. Rating Updated

The equity market hasn't played to the manager's strengths recently at AXA Framlington Equity Income, but we haven't lost faith.

Jackie Beard, FCSI, 7 April, 2010 | 9:02PM
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We have published a new Morningstar Qualitative Rating and Research Report for AXA Framlington Equity Income.

"George Luckraft has been in charge here since September 2002 and has stayed true to his strategy throughout. When he joined Framlington with long-standing colleague Nigel Thomas, he brought an excellent track record at his former charge, ABN Amro Equity Income. What's more, he achieved this in the exact same way he runs this offering, with a pronounced bias down the cap ladder--an unusual approach for a UK equity income offering."

The full four-page PDF report can be accessed here. It is free to users of morningstar.co.uk.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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