AXA IM repurposes AXA Framlington European fund as Clean Economy fund Onshore version of global mandate Share Amanda O'Toole of AXA IM will run the repurposed fund AXA Investment Managers (AXA IM) has repurposed its £63.8m Framlington European fund as a Clean Economy fund, Investment Week can reveal. The AXA ACT Framlington Clean Economy fund will be an onshore version of a global strategy that has been running for three years. The annual management charge of the fund will remain unchanged and 5% of management fees now paid will be donated to the Epic Foundation. The Z share class has an ongoing fee of 0.86% according to its Key Information Document.