sli launches gem fund

Standard Life Investments (SLI) has launched a Global Emerging Markets Oeic to be run by Alistair Way who has been with the firm since 2007 running Japanese equity funds and institutional EM mandates.

sli launches gem fund


The fund will hold between 60 and 100 stocks and will be managed with stock, sector, country and tracking error limits.

It will be categorised within the IMA Global Emerging Markets sector with the objective of providing capital appreciation, while income will not be a prime consideration.

The fund will invest primarily in equities and equity-related securities of corporations domiciled in emerging markets or that derive a significant proportion of their revenues and profits from Asian, Eastern European, Middle Eastern, African or Latin American operations, or have a significant proportion of their assets there.

Jacqueline Lowe, head of UK wholesale at SLI, said: "It is great news that investors will now be able to tap into global emerging markets through SLI, taking advantage of our focus on change investment philosophy, our robust and repeatable investment process and highly experienced emerging markets team."

Investors in teh GEM fund will be charged a one-off initial charge of 4% and an AMC of 1.5% and the minimum lump sum investment in the retail share class is £500.



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