Gartmore continues to impress

The impressive performance of the Gartmore UK Focus fund since its launch just over a year ago is testimony to both the concentrated investment approach, and the ability of the fund managers Ashley Willing and Simon King. The fund celebrated its first- year milestone last week from the heights of a first-place ranking in 287 funds in the UK All Companies sector. After charges, the fund made a positive return of 8.15%, while the average loss in the sector was -20.25%. The managers say the £64m fund features an extreme level of active trading ” it is not unusual to sell a stock and bu...