Gartmore European Focus Accumulation Shares

Sell : 85.88p | Buy : 85.88p | down 0.90p
Last valuation as at 21-11-2008

At a glance

Initial charge 5.00%
Initial saving 5.00%
Annual charge 2.00%
Annual saving 0.250% ²
Total Expense Ratio 1.51%
Launch date 31-01-2001
Launch price £1.00
Sector Europe Excluding UK
Fund size £52 million
Number of holdings 26
Fund type OEIC
Type of units Accumulation

HL Research - Our view on this Fund

Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.

Full research

About the Fund Manager

Photo of Tim Callaghan

Tim Callaghan
Located in: London


Tim joined Gartmore in May 2001. He has been a Senior Investment Manager since 1991 covering the Pan European markets. He has experience in the management of retail assets and, in particular, pension funds. Prior to joining Gartmore, Tim was a Fund Manager with Morley Fund Management where he had special sector responsibility for the utility, insurance and pharmaceutical industries in Europe. Before this, Tim worked as a Portfolio Manager for BG Pension Funds Management and before that Mitsui Life International. Tim graduated from Kings College London University in 1991 with an Honours Degree in Chemistry with Management and is an associate member of the Institute of Investment Management and Research.

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Income details

Historic yield 0.94%
Income paid Bi-annually
Type of payment Dividend

All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Distribution dates

Ex-dividend date 01 June 2008
Payment date ³ 31 July 2008
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Top 10 holdings

BP 7.64%
Vodafone Group 7.53%
Rio Tinto 7.07%
BG Group 6.31%
Aviva 5.39%
BAE Systems 5.17%
Xstrata 4.44%
Ashtead Group 4.13%
Prudential 3.70%
RSA Insurance Group 3.65%

Top 10 sectors

Mining 17.29%
Oil & Gas Producers 13.95%
Banks 9.16%
Life Insurance 9.09%
Media 8.46%
Mobile Telecommunications 7.53%
Electronic & Electrical Equipment 6.24%
Aerospace & Defence 5.17%
Travel & Leisure 4.57%
Support Services 4.13%

Top 10 countries

United Kingdom 98.15%
Germany 0.95%
Cash and Equiv. 0.90%

² Annual saving is not available in the SIPP.

³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Last valuation as at 21-11-2008. Data accurate as at 31/10/2008.

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