GLG AMERICAN GROWTH P - Fund overview

No Bestinvest rating
Find rated north america funds

Overview of GLG AMERICAN GROWTH P

This fund is managed as a multi-strategy portfolio investing across a blend of five different in house US equity strategies. The fund mirrors an existing US based product which is based around an established investment process introduced by the named manager in 1997.

Standard Initial Charge

No data available.

Fund summary

Sector	North America
Product type	OEIC
Launched	June, 2001
Size	£162m
Yield	0.0%
Charging basis	–
Dividends paid	–
Bid price	95.71p

Fund Charges

Standard Initial charge	–
Initial charge via Bestinvest	–
Additional bid/offer spread	0.00%
Annual management charge	0.75%
Total expense ratio	0.83%
Reduction in yield (10yr)	0.83%

Bestinvest says

No information available.

Portfolio

glg american growth p asset allocation illustration

Allocation		Proportion

	Equity	95%
	High yield bonds	0%
	Quality bonds	0%
	Property	0%
	Commodities	0%
	Hedge	0%
	Fund cash	5%

glg american growth p equity geographic illustration

Allocation		Proportion

	UK	0%
	Europe	0%
	Nth America	100%
	Japan	0%
	Pacific	0%
	Other Equity	0%

glg american growth p equity capitalisation illustration

Allocation		Proportion

	Large Caps	64%
	Mid Caps	31%
	Small Caps	5%

View all performance data for GLG AMERICAN GROWTH P

Investment process

This fund consists of a mix of five different US equity strategies run in house by Soc Gen. The aim is to provide a core US equity product that will provide outperformance in rising and falling markets by optimizing the exposure to different strategies. The performance benchmark is the Russell 1000 Index, tracking error will usually be in the region of 5-7%.
The five strategies include large cap growth, large cap value, mid cap growth and mid cap value. Exposures to the large cap strategies will usually be in the range of 20-60% and mid cap strategies 5-15%, (midcap strategy weightings will invariably closer to the lower of this range due to the impact on tracking error). Instead of investing in these strategies directly via sub accounts, the American Growth Fund will duplicate all their underlying holdings.
The allocation between the five strategies is reviewed on a monthly basis by an asset allocation committee consisting of five senior investment professionals, chaired by Komal Sri-Kumar. Allocations are determined according to their interpretation of the economic / sector outlook and company valuations therein. The estimated attribution of returns is 65-70% stock selection, 25-30% asset allocation.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

Research