UK/US Global Asset Management (GAM) has launched a new Dublin domiciled large and mid-cap US equities fund, GAM Star American Focus.

The new fund will be benchmarked against the S&P 500 and has a minimum investment level set at €5,000.

The fund was originally earmarked for launch on the 17th September but was postponed as a result of the terrorist attack on New York the previous week. It has already received an ‘AAA’ rating from Standard & Poor’s.

The launch will come with the added bonus of a 2% discount on the initial charge for all applications received by October 5th.

The fund’s portfolio will be built around 35-50 stocks and subject to concentrated risk control discipline and techniques designed to protect it from volatility.


Topics