We recently carried out a review of funds that have a Bestinvest star rating and we have downgraded a number of them to one star. GAM International Growth & Value is one of them.
Following the death of Nils Taube and the retirement of John Hodson, Taube Hodson Stonex (or THS, which GAM acquired earlier this year) is not the same as it once was.
The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. Different funds carry varying levels of risk depending on the geographical region and industry sector in which they invest. You should make yourself aware of these specific risks prior to investing. This is not advice to invest.
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