Gartmore Investment Trusts : Growth Opportunities
plc
Return to Investment Trusts
Fund Manager
Gervais Williams |
Registered Office
Gartmore House
8 Fenchurch Place
London EC3M 4PB
Company No: 2600028 England & Wales |
Fund Summary
- A fund offering exposure to UK Smaller
Companies
- Managed by industry renowned smaller companies specialist
Gervais Williams
|
Key Facts
| Total Assets |
£64.2 million |
| Number of Holdings |
196 |
| Net Yield |
0.9% p.a. |
| Management Fee |
0.75% p.a. |
| Year End |
30 June |
| AGM |
October |
| Results Announced |
February,
September |
| Dividend Paid |
October |
| Listed |
1991, The London
Stock Exchange |
| Broker |
Cenkos
Securities |
| Directors |
David Peters
(Chairman), David Cade, Peter Derby, Daniel Mace, Robert
Ware |
| Capital Structure |
11,705,040 Ordinary
Shares | |
Literature
Corporate Governance
Company Announcements
Fund Manager
|
|
Gervais
Williams
Senior Investment Manager
Gervais joined Gartmore in 1993 and heads the award-winning Smaller
Companies team. He has over nineteen years fund management
experience in smaller companies.
Believing strong stock selection and analytical skill set is one of
the keys to smaller companies performance, Gervais and the team
have a substantive meeting programme: circa 800 meetings per year.
Gervais has sat as a member of the DTI Investor Relations Working
Group. It is the Group's responsibility to oversee and develop
quality dialogue between smaller quoted companies and the stock
market.
Prior to 1993 Gervais spent three years at Thornton Investment
Management and he previously spent five years at Throgmorton Asset
Management as a Director.
Gervais graduated from the University of Liverpool in 1980 with an
Honours degree in Engineering.
| |
Fund Objective
|
The Company seeks capital appreciation from investment in
the shares of quoted UK smaller companies.
Investment Policy
The Company mainly invests in UK smaller companies, with a wide
range of market capitalisation, to maximise the potential for
capital growth. Some UK smaller companies within the portfolio may
therefore be outside the universe of the benchmark index. The
majority of investments are equities, although other forms of
equity-related securities, including warrants and convertibles, may
also be held. Cash and derivative investments (such as futures and
options) may be utilised for efficient portfolio management and as
part of investment strategy, not only as a short-term measure.
Portfolio risk is minimised by investing in a diversified spread of
investments. |
Important Information
The value of investments and the income from them may go
down as well as up and you may not get back your original
investment. Investment trusts can borrow money to make additional
investments on top of shareholders' funds (gearing). If the value
of these investments falls in value, gearing will magnify the
negative impact on performance. Particular share classes may also
be structurally geared by other share classes that have earlier
entitlement to the Company's assets up to a predetermined limit. If
an investment trust incorporates a large amount of gearing the
value of its shares may be subject to sudden and large falls in
value and you could get back nothing at all. Smaller companies are
riskier and less liquid than larger companies which means their
share price may be more volatile. The level of yield may be subject
to fluctuation and is not guaranteed. Net Asset Value ("NAV")
performance is not the same as share price performance and
investors may not realise returns the same as NAV performance.
Where investment trust companies are involved in corporate
activity, this may change the risk profile of individual shares, as
well as impacting on the portfolio strategy and capital structure
of the overall Company.
Past performance is not a guide to future performance. The value of
investments and the income from them may go down as well as up and
you may not get back your original
investment. |