Gartmore SICAV Global Focus Fund awarded five star rating
The Gartmore SICAV Global Focus Fund has just celebrated its three year anniversary with the timely award of a five star rating from Morningstar. The Fund, which was launched on 29 October 2004, is an unconstrained Global “Best Ideas” equity fund.Since launch the Fund has delivered an impressive 76% against the MSCI World benchmark return of only 48% and has grown to €820.8m in size. The Fund is also ‘A’ rated by Forsyth Partners and ‘AAA’ rated by S&P. The Gartmore SICAV funds are Luxembourg-based and are available to investors throughout the UK, Europe, Chile and Peru.
The experienced Gartmore Global Equities team, headed by Citywire ‘AAA’ rated Neil Rogan, has seen significant success over the past three years being entrusted with over €3.3bn by both retail investors and major institutions around the world. The team adopts a concentrated, high conviction approach selecting both strategic and tactical themes. The Fund typically holds between 30-40 stocks.
Head of Global Equities, and manager of the Gartmore SICAV Global Focus Fund, Neil Rogan, comments, “I’ve been a fund manager for 25 years and Global Focus is the most exciting fund I’ve run. The ability to run a concentrated portfolio of just our very best ideas is to me what fund management should be all about. It has consistently delivered in all market conditions since we brought it to the market. Now that this Fund has a three year track record with superior returns and a five star rating from Morningstar, we urge intermediaries to take a closer look at we believe is a compelling Fund for their clients portfolios.”