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Gartmore – Gartmore Absolute Growth & Income Trust

Thursday, 9th November 2000.



Type: Split capital investment trust.




Aim: Growth and income by investing in UK growth companies, securities of split capital and high yielding investment trusts.




Investment split: UK growth companies 60 per cent, securities of split capital and high yielding investment trusts 40 per cent.




Yield: Ordinary income shares 8.6 per cent or 9.5 per cent if in an Isa, zero dividend preference shares 9 per cent.




Minimum investment: Isa lump sum £3,000, monthly £100. Savings scheme lump sum £1,000, monthly £50.




Types of share: Ordinary income shares and zero dividend preference shares.




Isa link: Yes.




Pep transfers: Yes.




Charges: Isa – initial 3 per cent, annual 0.5 per cent. Savings scheme &#45 initial 1 per cent.




Special offer: Initial charge for lump sum Isa investment reduced from 3 per cent to 1.5 per cent. Initial charge for savings scheme investments waived.




Offer period: Until December 22, 2000.




Commission: Initial 3 per cent, renewal 0.5 per cent.




Tel: 0800 212433.


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