Fund in Focus: Gartmore China Opportunities
26 April 2010
Sheridan Admans, investment adviser at The Share Centre, explains how investors looking to achieve a long-term return through exposure to China, could benefit from the Gartmore China Opportunities fund.
Over the last decade China has become a prominent market in the world economy. It has become more open to overseas investment, freer with its media and adopted a more capitalist market system in what is still a communist country.
The strength of China's ability to grow can be demonstrated by the projection of the International Monetary Fund (IMF). Last Wednesday it revised upwards its forecast for China's 2011 economic growth to 9.9 per cent, just three months after it had forecast 9.7 per cent growth.
The Gartmore China Opportunities fund is an ideal way of investing within this region. Fund manager, Charlie Awdry, visits the region at least three times a year to review his investments. He uses his visits to meet prospective companies for inclusion in the 70 stock strong fund and these meetings are a key element in his decision making process.
The Gartmore China Opportunities fund aims to achieve a long-term return in excess of what is typically achieved through investing in Hong Kong and Chinese equity markets. As such, the fund is ideal for investors willing to take a higher level of risk.
In terms of performance, the fund returned 51.70 per cent over a three-year cumulative period and 193.82 per cent over a five-year cumulative period. Year-to-date the fund has returned 6.27 per cent, ranking first quartile in its sector in all three of these periods.
The Gartmore China Opportunities fund has an annual charge of 1.5 per cent and an initial charge of 5 per cent. The minimum initial investment is £1,000 and the minimum additional investment is £250.
As the fund features in The Share Centre's Platinum 120 range, customers of the retail stockbroker wishing to invest in the Gartmore China Opportunities fund will not have to pay the initial charge or purchase dealing commission. Customers can also invest in the fund from as little as £10.
Advertisement
.
Free Magazine: How To Invest For Income
Free Magazine: How To Invest For Income In this free edition of MarketViews, Peter Temple highlights key features that can make income-based investing generate such good results. Get your free copy here
Free Guide: 8 Common Trading Indicators
Get this free guide to find out how to use technical indicators to give you a sense of what the market will do next. Get your free copy here.
No hassle and no admin fees. Open an account now with The Share Centre. Find out more.
A free guide to Gold Investment
Physical Gold protects against global economic downturn by providing crucial portfolio balance. You can buy gold bars for your UK pension and receive up to 40% price discount via tax relief. Buy tax-free gold coins as an alternative to poor interest rates. Find out more and download this free guide to gold investment.
The TaxGuide.co.uk has a wealth of tips and advice from working out your tax bill, through to the latest personal tax rules. Get your personal tax tips today.
FREE Report: Inside Investment Trusts
Written by the team behind What Investment, this exclusive FREE report covers:
- Why Investment Trusts are better than Unit Trusts
- How new legislation is broadening the appeal of Investment Trusts
- Where to look for buying opportunities
- Why now is the time to buy Investment Trusts
- The Investment Trusts to invest in at the moment


Comments
Please register or login to comment on this article.