Following The Adviser Centre Monthly Review Meeting on 25^th May 2016, AXA Framlington UK Select Opportunities has been moved to our Recommended list.

The fund originally featured on our Established list because of its relatively large fund size.  The fund now has assets of £3.9bn (as at 29^th April 2016) and whilst it is still one of the largest funds in the sector, it is now of a more manageable size, with scope to grow.

AXA Framlington UK Select Opportunities is run by Nigel Thomas, one of the most experienced UK equity fund managers in the market today.  He has followed the same growth-biased investment philosophy throughout his career, seeking to invest in companies with above average earnings, strong returns on invested capital, high quality management teams, robust financials and high barriers to entry.  He invests across the market cap range, but with limited exposure to small-cap stocks, given the size of the fund.

Although the approach is long-term in nature and the fund has a low turnover rate, the manager is highly alert to changing market conditions and is prepared to make adjustments to the portfolio in response.  Nonetheless, the portfolio has a permanent growth style bias and this can be seen clearly in the fund’s risk and return characteristics over time.  Furthermore, the fund features structural sector biases, including a bias away from commodity-related sectors and tobacco companies. These features mean that investors should expect variability in the fund’s relative risk and return outcome.

We are delighted to feature this long-standing fund on our Recommended list.

At the present time, we feature 110 funds on our Recommended list, 19 funds on our Established list and 6 funds on our Positive Watch list. Please see our “Our Fund Lists” section within the “About Us” area of our website for more information.