Private Investors

Fund Manager

Tony Lanning Head of MultiManager Tony joined Gartmore in November 2007 and is Head of the MultiManager team responsible for Absolute Return, Cautious, Balanced and Active mandates. He also sits on the asset allocation committee for Gartmore's Balanced and Managed Pension Accounts. Before joining Gartmore he was Head of Collectives Research at the Private Bank, Arbuthnot Latham and Co. He has over 18 years investment experience, specialising in collectives.

Fund Performance

60096795 UK

Fund Objective

The Fund aims to achieve a positive absolute return over the long term regardless of market conditions, by investing in:

A range of collective investment schemes, transferable securities, cash, deposits, money market instruments and derivatives.

Important information

This Fund invests in collective investment schemes which may be more risky than cash but less risky than equities. The Fund aims to typically deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed. Over the short-term it may experience periods of negative return and consequently the Fund may not achieve this objective. The Fund may invest directly in exchange traded securities of commodities which may be more volatile than other asset classes such as equity. Some of the collective investment schemes may invest in emerging markets which tend to be more volatile than well established stock markets and therefore your money could be at greater risk. Other risk factors such as political and economic conditions should be considered. As some of the collective investment schemes invest abroad, the Fund is exposed to exchange rate fluctuations which may cause the value of investments to fall or rise independently of the underlying holdings. Some of the collective investment schemes may also invest in smaller companies which can be more risky than larger companies due to 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 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 property collective investment schemes which may be illiquid.
Some collective investment schemes may also invest in high yielding bonds which have an increased risk of capital erosion through default or if the underlying yield is below the distribution yield. High yield bonds are not traded as frequently as government bonds and therefore may be more difficult to trade in distressed markets.

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.