Fund Manager
Chris Palmer |
Ratings

Updated: 05.08.10 |

Updated: 05.08.10 |

Updated:
05.08.10 |
Fund Summary
- A fund offering exposure to Latin America - One of the
most exciting investment areas in the
world.
|
Key Facts
| Launch Date |
October 2004 |
| Fund Size |
$2,123.9 million |
| No. of Holdings |
57 |
| Base Currency |
USD |
| Benchmark |
MSCI EM Latin America |
| Type of Share |
Capitalisation |
| Lipper ID |
60097108 |
| Initial Charge |
5.00% |
| Annual Charge |
1.50% |
| Valuation Point |
23.59 CET on the day of the Dealing Cut-Off |
| Dividend Pay Dates |
11 November |
| Ex Dividend Date |
30 September |
Fund Manager
|
|
Chris Palmer Head of Global Emerging
Markets
Chris joined in 1995 and is Head of Global Emerging Markets. He
is responsible for the strategy and management of Gartmore's
extensive range of emerging market funds.
His 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 worked in investment banking in
New York where he specialised in capital markets counterparty risk
management.
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
60097108
OF
Fund Objective
The Fund aims to achieve a long-term return, in excess of the
long-term return that is typically achieved from Latin American
equity markets, by investing at any given time at least two thirds
of its net assets in: - companies having their registered office in
Latin American markets, - companies that do not have their
registered office in Latin American 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 Latin American markets. The
return will be a combination of capital and income returns. The
Fund may also invest in American Depositary Receipt ('ADRs')
investing in securities issued by companies incorporated in Latin
America or in any similar listed securities of Latin American
companies.
Important information
This Fund invests in shares, which may be more volatile than other
asset classes such as cash or bonds. As the Fund invests in Latin
America, it is exposed to changes in exchange rates which may cause
the value of investments to fall or rise independently of the
underlying holdings. The Fund may hold a limited number of
investments. If one or more of these investments declines in value,
or is otherwise adversely affected, this can have a greater impact
on the Fund's value than if a larger number of investments were
held. The Fund invests in emerging markets which tend to be more
volatile than more established markets and therefore your money is
at greater risk. Other risk factors such as political and economic
conditions should be
considered.
Investment in the Fund represents above average risk and so
investors must be able to accept this risk.
|
Please read the Simplified
Prospectus before investing.
General Information
FSA regulations do not in general apply to the Gartmore SICAV. The
protections available under the Financial Services Compensation
Scheme and the Financial Ombudsman Service, will not be available
in connection with an investment. Isle of Man investors will not be
protected by statutory compensation arrangements in respect of the
Gartmore SICAV.
Issued in the UK by Gartmore Investment Limited (GIL), the Fund's
Investment Manager, to Fund shareholders and other eligible
recipients. GIL is authorised and regulated by the Financial
Services Authority. Investors are shareholders of Gartmore SICAV
and not customers of GIL.
This information was issued as at the date displayed on the
overview and performance pages. Risk and performance can change
over time. Gartmore is unable to offer personal financial advice.
Please note that nothing on this site 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. |
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,
Crosby-Forsyth and Citywire. A 5 star rating is the highest
possible for Morningstar ratings. For a full description of the
ratings please click here.
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 |