Gartmore UK Focus Accumulation Shares

Sell : 77.59p | Buy : 77.59p | up 0.58p
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 1.45%
Launch date 31-01-2001
Launch price £1.00
Sector UK All Companies
Fund size £18 million
Number of holdings 40
Fund type OEIC
Type of units Accumulation

HL Research - Our view on this Fund

Mark Dampier Recently removed from Wealth 150 due to poor performance. We continue to monitor closely. Hold for now.

Full research

About the Fund Manager

Photo of Ashley Willing

Ashley Willing
Located in: London


Ashley joined Gartmore in 1994 as an investment analyst. He assumed responsibility in 1997 for managing a number of UK pension funds. From 1999 he was responsible for running the pooled and NatWest Life funds, as well as being a member of the UK Retail team. He has recently relinquished his institutional responsibilities to concentrate fully on hedge fund and high performance retail funds. Ashley graduated from Loughborough University in 1994 with an Honours degree in Economics with Politics. Prior to University, Ashley worked in accounting for four years where he was involved in the auditing of a number of UK companies.

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Income details

Historic yield 2.02%
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

Nestle S.A. 5.06%
Total S.A. 4.33%
Roche Holding AG Part. Cert. 4.33%
E.ON AG 3.81%
Novartis AG 3.76%
Banco Santander S.A. 3.40%
Bayer AG 3.25%
Telefonica S.A. 3.07%
France Telecom 2.97%
Royal KPN N.V. 2.96%

Top 10 sectors

Banks 13.65%
Cash and Equiv. 9.25%
Food Producers 9.11%
Fixed Line Telecommunications 9.00%
Pharmaceuticals & Biotechnology 8.09%
Gas, Water & Multiutilities 6.54%
Nonlife Insurance 6.18%
Oil & Gas Producers 6.14%
Construction & Materials 4.62%
Chemicals 3.25%

Top 10 countries

Switzerland 21.95%
Germany 18.79%
France 15.44%
Spain 11.50%
Cash and Equiv. 9.25%
Netherlands 7.14%
Italy 5.51%
Finland 3.96%
Greece 2.04%
Luxembourg 1.80%

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.

Data provided by
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