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GAM North American Growth Institutional Inc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider GAM Sterling Management Limited
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
Fund code GAAGI
Managers Gordon Grender
Manager Tenure 35 years
Morningstar Category US Flex-Cap Equity
IMA Sector North America
Fund Size £86 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 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 £24.1259
Buy Price £24.1259
Price Change -2.5472%
Price Date 28th May 2020
Yield 0.03%
Dividend Frequency Yearly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 17th February 2014
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: 0.357%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012
Fund Performance -20.23% +10.44% +1.93% +40.31% -7.41% +20.76% +7.16% +27.25%
Benchmark Performance
(US Flex-Cap Equity)
-7.68% +11.80% -0.06% +32.45% -3.85%
Time Period Cumulative Benchmark Performance
(US Flex-Cap Equity)
Fund Compared to Benchmark
1 day -2.55% +2.04% -4.59%
1 week 4.35% +6.62% -2.26%
1 month 5.70% +7.03% -1.32%
3 months -0.55% +1.71% -2.26%
6 months -11.41% +10.25% -21.67%
1 year -7.01% +9.79% -16.79%
3 years 2.30% +12.32% -10.02%
5 years 7.16% +12.45% -5.29%
10 years Currently unavailable Currently unavailable Currently unavailable
YTD -7.67% +1.74% -9.41%
Since inception 11.03% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
ICU Medical Inc USA 8.62%
Lockheed Martin Corp USA 7.11%
Northrop Grumman Corp USA 6.95%
Penske Automotive Group Inc USA 5.59%
Church & Dwight Co Inc USA 5.12%
Phillips 66 USA 4.68%
AutoZone Inc USA 4.66%
Post Holdings Inc USA 4.62%
Quanta Services Inc USA 4.49%
Huntsman Corp USA 4.46%
Dividend Date Per share amount Reinvestment Price
2nd January 2020 0.0582 £26.2756
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