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Product category: Investment funds
News Release from: Gartmore | Subject: Investment
Edited by the Insidemoneytalk Editorial Team on 13 April 2007

Gartmore News in Brief

Standard and Poor's Awards 2007

Standard and Poor's has awarded Gartmore Investment Management Limited " runner-up" in its larger-group category over five years.Standard and Poor's awards are recognised globally as the standard by which investment managers are measured Key to Gartmore's continuing success is the company's multi-boutique investment structure, which affords small, dedicated teams of fund managers the freedom to implement decisions that best suit their particular disciplines

This structure is backed by a robust and comprehensive framework of integrated risk management, compliance and business controls.

In addition, Gartmore's Institutional Corporate Bond Fund has been placed first out of 85 funds in the Fixed Income GBP - Corporate Sector over one year.

This very strong performance is further evidence of Gartmore's ongoing commitment to fixed interest funds, rigorous investment process and focused approach to risk management.

Commenting on the award, Karl Berqwist, Manager of the Fund and Co-Head of Fixed Income said, "We are pleased to win this award, which recognises the continuing success of our investment process, and to see that the Institutional Corporate Bond Fund's sister fund, the Gartmore Corporate Bond Fund, was awarded fifth place in the same category over one year." Germany Turning the Corner: The Eurozone is coming back to life with Germany leading the way.

The Ifo business climate headline index remains strong, surprising on the upside against market expectations of a decline in March, signalling resilient growth in the region.

Current Ifo data released (107.7) is close to the all time high of December last year (108.7).

The Munich-based Ifo sentiment index suggests that Europe's largest economy has been resilient in the face of a U.S.

slowdown and overcome the sales tax increase.

Roger Guy, Manager of the Gartmore European Selected Opportunities Fund and the Gartmore SICAV Continental European Fund comments, "Empirical evidence points to encouraging growth prospects in Germany".

"In particular, a maturing cycle and improving labour market is likely to place more emphasis on the consumer to be the driver of activity and revive consumption".

"German expansion appears to be on the path of acceleration as companies step up hiring and investment".

"All these factors will contribute towards boosting consumer confidence." Gartmore Annual St George's Day Quiz Night: And finally a quick reminder that Monday 23rd April is the date for the Gartmore Annual Quiz Night.

If you have yet to submit a team, please do so now as there are only a limited number of tables available this year.

For further information, or to register a team, please email pressteam@gartmore.com or telephone 020 7782 2447.

Current Offers - Extended: 1) New investors into the company's investment trust ISA, the Gartmore ISA, for the duration of the 2007 ISA season.

Initial fee of 3% will be removed from all new investments in Gartmore's investment trust ISA and PEP schemes.

Lump sum and minimum transfer value will be reduced from £3,000 to £1,000.

Minimum amount for the monthly savings on ISA will be reduced from £100 to £50.

Gartmore, rather than the underlying investor, will bear the cost of commission to IFAs.

2) For the Gartmore Cautious Managed Fund, the Gartmore Global Focus Fund and the Gartmore MultiManager range of Funds, for all lump sum investments until 30th June 2007: 1% discount on the initial charge, 4% initial commission.

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