The symbol on Bloomberg is: AXUSLCU LX
Equity. I use the phrase
the exact nature of what triggered this nice little mark-down…
AXA IM Fixed Income Investment Strategies – US Libor Plus fund is
a fund registered in Luxembourg. The investment objective of the Fund is to
produce an annual total rate of return on a net of fee basis which exceeds
the benchmark (one month Libor) index rate of return of 50 basis points.
AXUSLCU daily chart with 50 and 200 day moving average
I always say, there is nothing more expensive than reaching for Yield.