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Gartmore – Gartmore Sicav Sterling Money Fund


Gartmore Sicav Sterling Money Fund

Type: Sicav

Aim: Income by investing globally in sterling-denominated cash deposits and money market instruments

Minimum investment: Lump sum £2,000, monthly £100
Investment split: 100% in sterling-denominated cash deposits and money market instruments

Place of registration: Luxemburg

Charges: Annual 0.5%

Commission: Subject to negotiation

Tel: 0800 212433


Coventry Building Society appoints new head of intermediary sales

Coventry Building Society is appointing Julie Jones as its new head of intermediary sales.Jones has worked at Coventry for 21 years mainly in sales and branches. Most recently, she was senior sales manager overseeing the whole of the branch network.She will be responsible for the intermediary sales function comprising 14 sales consultants throughout the UK […]

Butterfield offshore makes predictions over oil

Butterfield Bank (Guernsey) is publishing comment on the outlook for oil in the context of the global investment market, based on latest figures.In 2004, Butterfield says the Energy sector dramatically outperformed all other sub-sectors of the MSCI world index, rising by over 25 per cent, against a 12.84 pr cent advance in the index as […]

GMAC denies it is up for sale

GMAC RFC says it is not for sale despite General Motors’ negotiations for the sale of its US commercial arm GMAC Commercial Mortgage. Market speculation surrounding the future of GM’s UK residential arm has been fuelled by the reduction of GM’s status by Moody’s Investors Service to one point above junk on April 5.


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