Richard Prvulovich's Stable Growth unit trust to aim for 8.4% gross yield pa
Gartmore's forthcoming unit trust of zeros will have a 1.5% annual management charge, making it more expensive than competitor products from Framlington, Exeter, Aberdeen, Premier and Investec. In addition the Gartmore fund has a 1.5% charge on withdrawals during the first five years, taken from capital although the initial charge on the product is 1.5%. Gartmore Stable Growth is to be managed by Richard Prvulovich and has a minimum investment of £1,000 or £3,000 for Isa investments. It is designed both for new investors and as the rollover vehicle for the Gartmore Scotland investmen...
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