AXA Framlington Monthly Income Fund - Fund merger notification

Dear client

We have been advised that the AXA Framlington Monthly Income Fund (the “Merging Fund”) will be merged into the AXA Framlington UK Equity Income Fund (the “Receiving Fund”), whereby Unitholders of the Merging Fund will become Unitholders of the Receiving Fund (the “Merger”). The FCA rules require that unitholder approval is obtained at an extraordinary general meeting (the “Meeting”) prior to the implementation of this Merger. 

Please see attached the notification containing the full details of this corporate action. 

Kind regards