Important information for unitholders
Message to the unitholders of the following funds:
Notice for investors in the AXA Framlington Biotech Fund & the AXA Framlington Health Fund
AXA Lifetime Distribution Fund benchmark change
Changes to AXA ACT Carbon Transition Global Short Duration Bond Fund
Changes to AXA ACT Carbon Transition Sterling Buy and Maintain Credit Fund
Changes to AXA ACT People & Planet Equity Fund – Sustainability Impact label
ESG integration changes on 21 UK Funds
See below letters for each Fund that explain why we are extending the Fund’s investment policy to clarify how we apply ESG-related factors as part of our investment process. The changes which we will be making to the Fund’s investment policy are intended to provide additional information for investors, and they will not alter how the Fund is currently managed.
- AXA Defensive Distribution Fund Letter
- AXA Distribution Fund Letter
- AXA Ethical Distribution Fund Letter
- AXA Framlington American Growth Letter
- AXA Framlington Biotech Letter
- AXA Framlington Global Technology Letter
- AXA Framlington Health Letter
- AXA Framlinton Japan Letter
- AXA Framlington UK Equity Income Letter
- AXA Framlington UK Mid Cap Letter
- AXA Framlington UK Select Opportunities Letter
- AXA Framlington UK Smaller Companies Letter
- AXA Global Equity Income Fund Letter
- AXA Global High Yield Fund Letter
- AXA Global Short Duration Bond Fund Letter
- AXA Global Strategic Bond Fund Letter
- AXA Lifetime Distribution Fund Letter
- AXA Managed Income Letter
- AXA Sterling Corporate Bond Fund Letter
- AXA Sterling Credit Short Duration Bond Fund Letter
- AXA US Short Duration High Yield Fund Letter
Risk warning
The value of investments, and the income from them, can fall as well as rise and investors may not get back the amount originally invested.
AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure
AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.