Private Investors

Fund Manager

Chris Palmer Head of Global Emerging Markets Chris joined Gartmore in 1995 and is Head of Global Emerging Markets. He is responsible for managing Gartmore's global emerging market portfolio's and hedge funds. Chris' background includes on the ground investment experience in Asia and Latin America as an investment advisor to a private family investment group. Prior to this he was with Bear Stearns & Co Inc, where he was a senior counterparty credit risk officer with extensive responsibilities for hedge fund counter party risk. Chris graduated from the Colgate University, New York in 1986 with an Honours degree in History. In 1988 he completed an MBA in Finance at New York University, and was awarded the CFA designation in 1993 by the Association of Investment Management and Research.

Fund Performance

60009837 UK

Fund Objective

The Fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from emerging equity markets, by investing in:
companies having their registered office in emerging markets,
companies that do not have their registered office in emerging markets but either (i) carry out a predominant proportion of their business activity in these markets, or (ii) are holding companies which predominantly own companies with registered offices in emerging markets.

In this context, the term "emerging markets" means countries with low or middle per capita income and which are referred to by the World Bank as developing countries.

The Fund may also invest in American Depositary Receipts ('ADRs') investing in securities issued by companies incorporated in emerging markets or in any similar listed securities of emerging companies.

The return will be a combination of capital and income returns.
The Fund may also invest at the Manager's discretion in other transferable securities, money market instruments, cash and near cash, derivative instruments and forward transactions, deposits and units in collective investment schemes (use may be made of stocklending, borrowing, cash holdings, hedging and other investment techniques permitted in applicable FSA Rules).

Important information

This Fund invests in shares, which are more volatile than other asset classes such as cash or bonds. The Fund may hold concentrated positions. If one of these concentrated positions declines in value, or is otherwise adversely affected, this can have a greater effect on the Fund's value than if it held less concentrated positions. The Fund may invest in smaller companies, which can be more risky than larger companies due to a lack of liquidity and increased volatility. The shares of smaller companies may be subject to more abrupt price movements than shares of larger companies. The investment approach for this Fund may involve a high level of investment activity and turnover of investments, which may generate substantial transaction costs which will be borne by the Fund. The Fund may invest in emerging markets which tend to be more volatile than more established markets and therefore your money could be at greater risk. Other risk factors such as political and economic conditions should be considered. As the Fund invests abroad, it is exposed to changes in exchange rates which may cause the value of investments to fall or rise independently of the underlying holdings.

Please read the Simplified Prospectus before investing. Risk and performance can change over time. Gartmore is unable to offer personal financial advice. Please note that nothing on these web pages should be interpreted as financial advice. If you have any doubt whether this product is suitable for you or questions about your tax position, and you wish to obtain personal advice, please contact a financial adviser or where applicable a tax specialist. 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.

Ratings are provided by independent rating agencies based on a number of investment criteria. For example, where applicable, a 'AAA' rating is the highest possible for Standard & Poor's, OBSR and Citywire. A 5 star rating is the highest possible for fund star ratings. For a full description of the ratings please click here.