|31/05/12 to 31/05/13||31/05/11 to 31/05/12||31/05/10 to 31/05/11||31/05/09 to 31/05/10||31/05/08 to 31/05/09|
|UNITED STATES TREAS NTS 0.25%15/DEC/2015||2.44|
|RSA Insurance Group 8.5% Cum Step Up Perp Notes GBP||1.78|
|DIRECT LINE INSURANCE 9.25% 2042||1.74|
|IPIC GMTN LTD 5.875% 2021 (EUR)||1.70|
|RWE AG 7% PERP||1.70|
|ENBW 7.375% 2072 (EUR)||1.66|
|GE CAPITAL TRUST V||1.62|
|SSE PLC 5.625%-FRN PERP USD200000||1.62|
|NIE FINANCE PLC 6.375% GTD SNR 02/JUN/2026 GBP||1.61|
|HEATHROW FINANCE PLC (REGS 7.125% BDS 01/MAR/2017 GBP||1.54|
The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund. That fund aims to achieve a total return by investment predominantly in fixed income markets but may selectively invest in other markets and asset classes as determined by the manager's strategy from time to time.
Alex graduated in 2000 from the London School of Economics with a degree in Economics. She then joined Royal Sun Alliance, training initially as a credit analyst.In 2002, Alex moved into retail bond fund management with ISIS, specialising in high yield bonds. Latterly, after the merger with F&C, Alex widened her experience to include duration and investment grade positioning. Alex is a CFA charterholder. Alex joined Artemis in April 2005 to manage the Strategic Bond fund alongside James Foster.
James joined Artemis in April 2005 from F&C Asset Management where he was the head of credit and was ultimately responsible for about £15bn of assets. He has 20 years' experience of managing bond funds and was one of the first to establish a retail bond fund in the UK. He has managed all the major bond asset classes, focusing more recently on discretionary bond portfolios. With Alex Ralph, James has managed the Artemis Strategic Bond Fund since launch in June 2005. He has also managed, with Jacob de Tusch-Lec, the Artemis Monthly Distribution Fund since its launch in May 2012.
|Underlying Fund size||£536.72m|
|Number of holdings||92|
|Annual management charge||1.60%|
|FTSE/ICB Supersector||% Weight|
|Investment Grade Corp Bonds||28.10|
|High Yield Corporate Bond||23.37|
|Cash and Equivalents||16.55|
|Oil & Gas||0.02|
Source of portfolio data: FundsLibrary. Source of performance data: Financial Express Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund performance is based upon the movement of the daily price. Performance figures show total return with net income reinvested in GBP. The value of your investment may go down as well as up and the fund value may be less than the payments you have made.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 www.pru.co.uk. Every care has been taken in populating this output, however it must be appreciated that neither Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. The registered office of Prudential is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454. The registered office of Prudential is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454.
|UK Corporate Bonds||54.68%|
|Cash and Equivalents||16.55%|
||Broadcasting & Entertainment||-||-||-||2.00%|
||Full Line Insurance||-||-||-||4.04%|
||Real Estate Investment & Services||-||-||0.09%||-|
||Real Estate Services||-||-||-||0.09%|
||Industrial Goods & Services||-||2.65%||-||-|
||Construction & Materials||-||0.70%||-||-|
||Construction & Materials||-||-||0.70%||-|
||Gas, Water & Multiutilities||-||-||1.70%||-|
||Cash and Equivalents||16.55%||-||-||-|
|Developed Europe - Excl UK||26.20%|
|Cash and Equivalents||16.55%|
|Middle East & Africa||1.70%|
|Australia & New Zealand||1.16%|
||Developed Europe - Excl UK||26.20%||-|
||Cash and Equivalents||16.55%||-|
||Middle East & Africa||1.70%||-|
||United Arab Emirates||-||1.70%|
||Australia & New Zealand||1.16%||-|
|< 5Yr Maturity||
|5Yr - 10Yr Maturity||
|10Yr - 15Yr Maturity||
|> 15Yr Maturity||
|Cash And Equivalents||
|1||UNITED STATES TREAS NTS 0.25%15/DEC/2015||2.44%||Bonds||United States|
|2||RSA Insurance Group 8.5% Cum Step Up Perp Notes GBP||1.78%||Insurance||United Kingdom|
|3||DIRECT LINE INSURANCE 9.25% 2042||1.74%||Bonds||United Kingdom|
|4||IPIC GMTN LTD 5.875% 2021 (EUR)||1.70%||Bonds||United Arab Emirates|
|5||RWE AG 7% PERP||1.70%||Utilities||Germany|
|6||ENBW 7.375% 2072 (EUR)||1.66%||Bonds||Germany|
|7||GE CAPITAL TRUST V||1.62%||Bonds||United States|
|8||SSE PLC 5.625%-FRN PERP USD200000||1.62%||Bonds||United Kingdom|
|9||NIE FINANCE PLC 6.375% GTD SNR 02/JUN/2026 GBP||1.61%||Bonds||Ireland|
|10||HEATHROW FINANCE PLC (REGS 7.125% BDS 01/MAR/2017 GBP||1.54%||Bonds||United Kingdom|
The Industry Classification Benchmark is a joint product of FTSE International Limited and Dow Jones & Company, Inc 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 www.pru.co.uk. Every care has been taken in populating this output, however it must be appreciated that neither Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges.
|Annual management charge||1.60%|
|Benchmark||Markit iBoxx Sterling Non Gilts Overall|
|ABI Sector||Sterling Strategic Bond|
|Aims||The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund. That fund aims to achieve a total return by investment predominantly in fixed income markets but may selectively invest in other markets and asset classes as determined by the manager's strategy from time to time.|
|Risk Factor||Yes / No|
|Charges to Capital||No|
|High Yield Bonds||Yes|
|Value of Investments||Yes|
|Investments Long Term||Yes|
|Income Eroding Capital Growth||No|
|Solvency of Depository||No|
|Solvency of Bond Issuers||Yes|
|Returns Are Not Guaranteed||Yes|
|Taxation and Tax Relief||Yes|
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.
Derivative Exposure - The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
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.
The risk factor definitions are provided by FundsLibrary. 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. Every care has been taken in populating this output, however it must be appreciated that neither Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from it's usage. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges.