PHILIPPINE AXA Life Insurance Corp. (AXA Philippines) has launched an equity fund that allows its clients to invest in selected companies expected to benefit from global economic developments.

“As Filipinos’ partner in their financial wellness journey, we want to ensure they have all the means to safeguard and grow their wealth with peace of mind. We have been in the business of protecting what matters for 25 years in the country, and so it is our priority to secure their legacy for all the succeeding years to come,” AXA Philippines Chief Proposition and Products Office Abel Vergara said in a statement on Wednesday.

“As proof of this commitment, the AXA Global Edge Equity Fund uses a strategy that has a proven track record of investing early in companies positioned for growth, with some investments growing as much as 60 times from the initial year. This alone provides promising longevity or sustained success over time,” he added.

The AXA Global Edge Equity Fund is an expansion of the AXA Asset Master Insurance plan, which guarantees policyholders a life coverage of 125% of the one-time premium or the plan’s account value, whichever is higher.

“The AXA Global Edge Equity Fund via Asset Master aims to provide long-term capital growth by investing in both established and emerging companies with sustainable competitive advantages and solid financials,” AXA Philippines said.  “It is also an actively managed fund that undergoes regular asset reviews to achieve sustained growth over time,” it added.

The AXA Global Edge Equity Fund invests in “selected high-potential companies,” it said.

“This strategy has also demonstrated resilience during market fluctuations, consistently outperforming benchmarks,” it added.

AXA Philippines booked a premium income of P21.76 billion and a net income of P2.73 billion in 2023. — AMCS

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