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Axa North is an investment platform allowing investors to choose their own investment fund mix from a range of 49 funds and protect their initial investment. Axa uses dynamic hedging to provide investors with capital protection, allowing them to turn it on/off as they see fit.
Key features and benefits
Choice of funds. As an investment platform, Axa North allows investors to choose from a range of over 70 funds. Investors can create their own mix of investment funds and protect their initial fund value (protected fund range is limited to 49 funds).
The Protected Investment Guarantee allows investors to protect the fund value at the time of turning on the guarantee for a period of 5 or 7 years. Cost of protection is lower for lower risk investment mixes and can be switched off if investors no longer wish to have this option. (switching protection back on = new protection term).
The Protected Growth Guarantee allows investors to protect the fund value for a period of 10,15 or 20 years. Protection is automatically increased on each anniversary if the value of the fund has risen. Early encashment also benefits from a pro rata payment of the protected amount. As with the Protected Investment Guarantee option, the cost of protection is lower for lower risk investment mixes and can be switched off if investors no longer wish to have this option. (switching protection back on = new protection term).
Dynamic Hedging – Unlike CPPI alternatives that sell in a fall and buy back at a higher level, dynamic hedging allows investors to remain invested at all times, ensuring investors participate fully in sharemarket rises.
What do we get paid?
Wealth Focus does not receive a commission or charge adviser fees for nil advice clients.