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Further Gartmore funds added to Standard Life Pensions platform

18th January 2007 Print
Standard Life have added a further two Gartmore Funds to their Pensions platform. The additions are the £452m Gartmore Cautious Managed Fund and the £656m Gartmore Corporate Bond Fund.

The Gartmore Corporate Bond Fund, managed by the highly respected Karl Bergqwist and Simon Surtees, aims to provide a high and stable level of income by investing mainly in a selection of UK and European Securities. The Fund has outperformed the sector average over 1, 2, 3, 4 and 5 year Periods.

The Gartmore Cautious Managed Fund is managed by Chris Burvill, who uses his 13 years experience to expertly steer the Fund. He is able to invest a maximum of 60% in UK equities, however, if the outlook for equities becomes less positive, he is able to increase the bond and cash elements of the Fund to reduce equity exposure to any downturn in the stock market. The Fund has outperformed the sector average over 1, 2, and 3 years and since inception.

Paul Feeney, Director of Gartmore and Head of Distribution commented, " We are delighted that Standard Life have chosen to broaden the range of Gartmore funds available through their Pensions products, with the addition of Gartmore Cautious Managed Fund and Gartmore Corporate Bond Fund. Both funds have excellent track records and ideal characteristics for inclusion within pension portfolios."