Artemis Monthly Distribution Class I Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
|---|---|---|---|---|---|
| Fund | -10.4% | 25.3% | 8.2% | -5.2% | 16.9% |
| Sector | -7.2% | 19.8% | 2.7% | -4.8% | 7.7% |
| Rank | 113/147 | 30/154 | 8/165 | 104/174 | 1/180 |
| Quartile | 4 | 1 | 1 | 3 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | 6.2% | 6.1% | 6.6% | |
| Sector | 1.7% | 3.2% | 3.8% | |
| Rank | 2/165 | 4/147 | 2/103 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| UNITED STATES OF AMERICA BOND FIXED 0.75% 15/FEB/2045 USD 100 | 3.49 |
| TSY INFL IX N/B 0.25% 07/15/2029 | 3.32 |
| RHEINMETALL AG | 2.41 |
| NN GROUP N.V. | 2.25 |
| BROADCOM INC | 2.22 |
| CRH | 2.14 |
| RAI WAY S.P.A. | 2.12 |
| BLACKROCK | 2.06 |
| US TREASURY N/B 3.875% 08/15/2033 | 2.03 |
| ABBVIE | 1.91 |
| Total | 23.95 |
Fund Aims
To generate monthly income, combined with some capital growth over a five year period.
Fund Manager
Jacob has managed the Artemis Global Income Fund since launch in July 2010, the Artemis Global Equity Income Fund since launch in June 2015 and the Artemis Funds (Lux) Global Equity Income fund since launch in May 2018. He has also managed, with James Foster, the Artemis Monthly Distribution Fund since its launch in May 2012. Having joined Artemis in 2005, he managed the Artemis Capital Fund from January 2006 until June 2010. Jacob began his career in 1998 at BankInvest, one of Scandinavia’s largest independent fund managers. In 2002 he joined Merrill Lynch as vice-president of pan-European equity strategy. Jacob holds a BA and an MSc in economics from the University of Copenhagen; and an MBA from the Stern School of Business at New York University (NYU). He is a member of Artemis’ executive committee.
TBC
TBC
TBC
Fund Overview
| Mid (26/04/2024) | 123.42p |
| Historic yield | 4.45% |
| Fund size (31/12/2023) | £658.58m |
| Number of holdings | 169 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.86% |
| Launch date | 21/05/2012 |
Asset Allocation
| International Equities | 43.86% | |
| International Bonds | 38.62% | |
| UK Corporate Bonds | 9.32% | |
| UK Equities | 5.03% | |
| Property | 0.82% | |
| UK Gilts | 0.68% | |
| Cash and Equivalents | 0.09% | |
| Other Assets | 1.59% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 43.86% | |
| International Bonds | 38.62% | |
| UK Corporate Bonds | 9.32% | |
| UK Equities | 5.03% | |
| Property | 0.82% | |
| UK Gilts | 0.68% | |
| Cash and Equivalents | 0.09% | |
| Other Assets | 1.59% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 48.62% | - | - | - | |
| Financials | 18.70% | - | - | - | |
| Banks | - | 10.67% | - | - | |
| Banks | - | - | 10.67% | - | |
| Banks | - | - | - | 10.67% | |
| Insurance | - | 5.15% | - | - | |
| Life Insurance | - | - | 2.66% | - | |
| Life Insurance | - | - | - | 2.66% | |
| Non-life Insurance | - | - | 2.49% | - | |
| Reinsurance | - | - | - | 1.73% | |
| Property & Casualty Insurance | - | - | - | 0.58% | |
| Insurance Brokers | - | - | - | 0.18% | |
| Financial Services | - | 2.88% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.06% | - | |
| Asset Managers & Custodians | - | - | - | 2.06% | |
| Mortgage Real Estate Investment Trusts | - | - | 0.82% | - | |
| Mortgage REITs: Diversified | - | - | - | 0.82% | |
| Industrials | 10.36% | - | - | - | |
| Industrial Goods & Services | - | 7.21% | - | - | |
| Aerospace & Defence | - | - | 4.23% | - | |
| Defense | - | - | - | 4.23% | |
| Industrial Engineering | - | - | 1.41% | - | |
| Machinery: Industrial | - | - | - | 0.90% | |
| Machinery: Construction & Handling | - | - | - | 0.51% | |
| General Industrials | - | - | 0.97% | - | |
| Containers & Packaging | - | - | - | 0.87% | |
| Diversified Industrials | - | - | - | 0.10% | |
| Industrial Transportation | - | - | 0.60% | - | |
| Commercial Vehicles & Parts | - | - | - | 0.60% | |
| Construction & Materials | - | 3.15% | - | - | |
| Construction & Materials | - | - | 3.15% | - | |
| Cement | - | - | - | 2.14% | |
| Construction | - | - | - | 1.01% | |
| Engineering & Contracting Services | - | - | - | 0.00% | |
| Energy | 5.81% | - | - | - | |
| Energy | - | 5.81% | - | - | |
| Non-Renewable Energy | - | - | 5.81% | - | |
| Offshore Drilling & Other Services | - | - | - | 1.70% | |
| Oil Equipment & Services | - | - | - | 1.56% | |
| Integrated Oil & Gas | - | - | - | 1.52% | |
| Pipelines | - | - | - | 0.69% | |
| Oil: Crude Producers | - | - | - | 0.34% | |
| Telecommunications | 4.38% | - | - | - | |
| Telecommunications | - | 4.38% | - | - | |
| Telecommunications Service Providers | - | - | 3.32% | - | |
| Telecommunications Services | - | - | - | 3.32% | |
| Telecommunications Equipment | - | - | 1.07% | - | |
| Telecommunications Equipment | - | - | - | 1.07% | |
| Consumer Staples | 3.70% | - | - | - | |
| Food, Beverage & Tobacco | - | 1.89% | - | - | |
| Food Producers | - | - | 1.89% | - | |
| Fruit & Grain Processing | - | - | - | 1.89% | |
| Personal Care, Drug & Grocery Stores | - | 1.81% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.81% | - | |
| Food Retailers & Wholesalers | - | - | - | 1.81% | |
| Technology | 3.26% | - | - | - | |
| Technology | - | 3.26% | - | - | |
| Technology Hardware & Equipment | - | - | 3.26% | - | |
| Semiconductors | - | - | - | 2.22% | |
| Electronic Office Equipment | - | - | - | 1.03% | |
| Health Care | 1.91% | - | - | - | |
| Health Care | - | 1.91% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 1.91% | - | |
| Pharmaceuticals | - | - | - | 1.91% | |
| Non-Classified | 1.59% | - | - | - | |
| Real Estate | 1.06% | - | - | - | |
| Real Estate | - | 1.06% | - | - | |
| Real Estate Investment Trusts | - | - | 1.06% | - | |
| Timber REITs | - | - | - | 1.06% | |
| Consumer Discretionary | 0.52% | - | - | - | |
| Automobiles & Parts | - | 0.52% | - | - | |
| Automobiles & Parts | - | - | 0.52% | - | |
| Automobiles | - | - | - | 0.52% | |
| Cash and Equivalents | 0.09% | - | - | - | |
Regional Allocation
| North America | 39.21% | |
| Developed Europe - Excl UK | 27.48% | |
| UK | 15.02% | |
| Non-Classified | 6.17% | |
| Japan | 4.95% | |
| Emerging Asia | 2.63% | |
| South & Central America | 2.07% | |
| Property | 0.82% | |
| Middle East & Africa | 0.61% | |
| Other Regions | 1.03% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 51.29% | |
| US Dollar | 25.06% | |
| Pound Sterling | 15.33% | |
| Euro | 8.22% | |
| Cash | 0.09% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 39.21% | - | |
United States
|
- | 38.90% | |
Canada
|
- | 0.31% | |
| Developed Europe - Excl UK | 27.48% | - | |
Germany
|
- | 5.89% | |
Netherlands
|
- | 3.04% | |
Italy
|
- | 2.75% | |
Luxembourg
|
- | 2.70% | |
Norway
|
- | 2.57% | |
Spain
|
- | 2.17% | |
Ireland
|
- | 2.14% | |
Switzerland
|
- | 1.73% | |
France
|
- | 1.64% | |
Austria
|
- | 1.31% | |
Sweden
|
- | 0.93% | |
Denmark
|
- | 0.60% | |
| UK | 15.02% | - | |
United Kingdom
|
- | 15.02% | |
| Non-Classified | 6.17% | - | |
| Japan | 4.95% | - | |
Japan
|
- | 4.95% | |
| Emerging Asia | 2.63% | - | |
South Korea
|
- | 2.63% | |
| South & Central America | 2.07% | - | |
Brazil
|
- | 2.07% | |
| Property | 0.82% | - | |
| Middle East & Africa | 0.61% | - | |
United Arab Emirates
|
- | 0.42% | |
Israel
|
- | 0.19% | |
| Developed Asia | 0.52% | - | |
Singapore
|
- | 0.52% | |
| Australia & New Zealand | 0.43% | - | |
Australia
|
- | 0.43% | |
| Cash and Equivalents | 0.09% | - | |
Breakdown By Market Cap (%)
| Mega |
|
25.08% |
| Large |
|
13.01% |
| Medium |
|
6.24% |
| Small |
|
0.87% |
| Non-Classified |
|
6.09% |
| Bonds |
|
48.62% |
| Cash |
|
0.09% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
22.70% |
| 5Yr - 10Yr Maturity |
|
16.42% |
| 10Yr - 15Yr Maturity |
|
0.46% |
| > 15Yr Maturity |
|
9.03% |
| Cash And Equivalents |
|
0.09% |
| Unknown Maturity |
|
1.59% |
| Other Asset Types |
|
49.70% |
Fixed Interest Quality Profile
| AAA |
|
9.68% |
| AA |
|
1.40% |
| A |
|
2.54% |
| BBB |
|
4.45% |
| Sub-Investment Grade |
|
14.31% |
| Unknown Quality |
|
16.23% |
| Cash and Equivalents |
|
0.09% |
| Other Asset Types |
|
51.29% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | UNITED STATES OF AMERICA BOND FIXED 0.75% 15/FEB/2045 USD 100 | 3.49% | Bonds | United States |
| 2 | TSY INFL IX N/B 0.25% 07/15/2029 | 3.32% | Bonds | United States |
| 3 | RHEINMETALL AG | 2.41% | Aerospace & Defence | Germany |
| 4 | NN GROUP N.V. | 2.25% | Life Insurance | Netherlands |
| 5 | BROADCOM INC | 2.22% | Technology Hardware & Equipment | United States |
| 6 | CRH | 2.14% | Construction & Materials | Ireland |
| 7 | RAI WAY S.P.A. | 2.12% | Telecommunications Service Providers | Italy |
| 8 | BLACKROCK | 2.06% | Investment Banking & Brokerage Services | United States |
| 9 | US TREASURY N/B 3.875% 08/15/2033 | 2.03% | Bonds | United States |
| 10 | ABBVIE | 1.91% | Pharmaceuticals & Biotechnology | United States |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B75F9Z6 |
| Mex Code | PKMONT |
| Isin Code | GB00B75F9Z67 |
| Citi Code | 10ED |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.86% |
Aims and Benchmark
| Aims | To generate monthly income, combined with some capital growth over a five year period. |
| Benchmark | IA Mixed Investment 20-60% Shares NR |
| Benchmark Category | - |
| IA Sector | Mixed Investment 20-60% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | Unit Trust |
| Launch price | 50.00p |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Monthly |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 December | 31 January |
| 01 January | 28 February |
| 01 February | 31 March |
| 01 March | 30 April |
| 01 April | 31 May |
| 01 May | 30 June |
| 01 June | 31 July |
| 01 July | 31 August |
| 01 August | 30 September |
| 01 September | 31 October |
| 01 October | 30 November |
| 01 November | 31 December |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Northern Trust Investor Services Limited |
| Fund Administrator | SS&C Financial Services International Limited |
| Fund Registrar | SS&C Financial Services International Limited |
| Fund Custodian | Northern Trust Investor Services Limited |
Group Details
| Group name | Artemis Fund Managers Limited |
| Group address | Cassini House 57 St James's Street SW1A 1LD |
| Group telephone | 0800 092 2051 |
| Dealing telephone | 0800 092 2090 |
| investorsupport@artemisfunds.com; | |
| Homepage | www.artemisfunds.co.uk |
| Fax number | 020 7399 6497 |
Dealing
| Minimum Investment | £10000 |
| Minimum Top Up | £250 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 4.28 |
| Beta | 0.99 |
| Sharpe | 0.34 |
| Standard Deviation | 7.95 |
| Info Ratio | 1.03 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | Yes |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | Yes |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
High Yield Bonds
The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.