AXA Investment Managers announces the launch of the AXA WF Metaverse fund, which aims to invest in opportunities related to the metaverse, a rapidly changing economy. An integral part of the asset manager’s range of thematic equity funds, the fund thus invests in equities and similar securities of companies playing a role in the convergence of the digital and physical worlds.
It is an actively managed multi-cap equity fund with a potentially significant deviation in build and performance from the benchmark used for comparison.
The fund consists of investing in four sub-themes representing different aspects of the metaverse: Gaming; Socializing; Working (work) and Enabling (technological enablers). The metaverse universe currently consists of around 250 titles.
The fund is managed by Pauline Llandric, supported by co-managers Tom Riley and Jeremy Gleeson, who manage AXA IM’s AXA WF Framlington Robotech and AXA WF Framlington Digital Economy funds respectively.
The Fund is categorized as “article 8” under the European Sustainable Finance Disclosure Regulation (SFDR).