We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

In association with

Home > Investments > Equities

By Simoney Girard | Published Aug 31, 2012

Luxury brand fund all the fashion with Elevate

Earlier in August, the Chic Fund, managed by Arjen Los, was added to Royal Skandia’s unit-linked funds.

Launched in June 2007, the Chic Fund aims to benefit from the increase in discretionary spending in the world’s rapidly developing economies. The fund seeks to capture this growth through investing in attractively priced companies that provide premium products and services to the burgeoning middle classes of economies, such as India, China and Brazil, as well as the existing spending power in developed markets.

Ben Cook, chief operating officer for Dominion, said: “We have been broadening accessibility of Dominion CHIC to UK investors and having the Fund available through Axa Wealth’s Elevate platform is an important step in this process.

“Elevate has been developed with the retail distribution review in mind and contains innovative features, including a choice of charging structures that we hope to leverage.”

David Thompson, managing director, marketing and distribution, for Axa Wealth, said: “Assets on platform have grown to £4.3bn, and we think part of this is down to the fact that we offer flexible choice for clients through Elevate.

“The Dominion Chic Fund is the latest addition to the ever-growing investment range to meet client’s needs now and beyond the RDR.”

visible-status-Standard story-url-Dominion chic SG 310812.xml

Most Popular
More on FTAdviser