Demand from advisers has prompted VAM to launch a Sterling share class for its Luxembourg-based VAM US Mid Cap Growth Fund.
The fund’s bottom up stock-picking approach is providing good performance, which has seen the fund deliver 29.3% over a 12 month period to 31 August 2011. Michael Hunt, managing director of VAM Funds, says: “The Sterling share class is an important step in giving GBP investors easy access to the fund. This move has been driven by demand from advisers wishing to offer the fund to their sterling investors in a form that protects them from exposure to currency risk.” The portfolio manager is Driehaus Capital Management and the fund is managed by Dan Wasiolek. The fund maintains a fully...
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