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GAM North American Growth Institutional Inc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider GAM
Fund Summary The objective of the Fund is to provide capital growth, through investment primarily in North American equities. The Fund will invest at least two thirds of its assets in a concentrated portfolio of North American equities. Of the remaining one third of assets, the Fund may invest up to 5% in units of collective investment schemes and the remainder in fixed interest securities, convertible bonds, money market instruments, warrants, cash, near cash and deposits. The collective investment schemes in which the Fund will invest may include schemes in the UK which are managed or operated by the ACD or an associate of the ACD. The Fund may use derivatives and forward currency transactions for the purposes of efficient portfolio management. North American equities means shares of issuers that have their registered office in the USA or Canada or that have the predominant part of their commercial activity in the USA or Canada or, as holding companies, must predominantly hold stakes in companies with their registered office in the USA or Canada. This condition must be met in addition to the investments being listed on a stock exchange in the USA or Canada. The remaining part (up to a maximum of one third of the total assets of the Fund) may be invested in investments of issuers that do not meet the aforementioned conditions regarding territory.
SEDOL code B75LZK1
ISIN GB00B75LZK14
Fund code GAAGI
Managers Gordon Grender
Manager Tenure 34 years
Morningstar Category US Flex-Cap Equity
IMA Sector North America
Fund Size £186 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 1.02%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £26.8627
Buy Price £26.8627
Price Change -0.6873%
Price Date 22nd August 2019
Yield 0.03%
Dividend Frequency Yearly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 10th November 2011
Fund Status OPEN
Grender has been associated with Global Asset Management since 1983 . Currently, he serves as director of GAM International Management Limited. Prior to joining GAM, he was with Kitcat and Aitken, London. He has been actively involved in fund management in North American stock markets since 1974.

3-year Mean Monthly Return: 1.219%

Annual Returns 2018 2017 2016 2015 2014 2013 2012
Fund Performance +7.21% +13.96% +21.54% +9.97% +10.14% +8.43% +29.52%
Benchmark Performance
(US Flex-Cap Equity)
+7.32% +17.03% +9.67% +7.98% +18.46%
Time Period Cumulative Benchmark Performance
(US Flex-Cap Equity)
Fund Compared to Benchmark
1 day -0.69% -0.32% -0.37%
1 week 0.72% +2.09% -1.37%
1 month -3.32% +2.36% -5.68%
3 months 1.70% +5.76% -4.06%
6 months 4.12% +9.11% -4.99%
1 year -2.93% +6.74% -9.66%
3 years 35.76% +56.02% -20.26%
5 years 76.77% +91.62% -14.85%
10 years Currently unavailable +301.87% Currently unavailable
YTD 15.01% +16.66% -1.65%
Since inception 171.78% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
ICU Medical Inc USA 9.36%
ESCO Technologies Inc USA 7.22%
Post Holdings Inc USA 7.04%
WR Berkley Corp USA 5.62%
Church & Dwight Co Inc USA 5.25%
Northrop Grumman Corp USA 4.94%
Lockheed Martin Corp USA 4.77%
Quanta Services Inc USA 4.76%
Penske Automotive Group Inc USA 4.76%
Phillips 66 USA 4.70%
Dividend Date Per share amount Reinvestment Price
2nd January 2019 0.0278 £23.6835
2nd January 2018 0.0433 £24.2082
3rd January 2017 0.0747 £23.3459
4th January 2016 0.0460 £15.9750
2nd January 2015 0.0396 £16.0104
2nd January 2014 0.0053 £14.9929