Pru Life Artemis UK Special Situations S2

Essentials Portfolio Analysis Background Data Risk Performance View PDF Factsheet

Performance

Discrete Performance - to last month end

30/04/12 to 30/04/13 30/04/11 to 30/04/12 30/04/10 to 30/04/11 30/04/09 to 30/04/10 30/04/08 to 30/04/09
Fund 16.87% -5.00% 13.33% 23.58% -
Sector 16.01% -1.83% 12.14% 32.85% -25.58%
Rank 310/627 539/619 255/607 559/579 -
Quartile 2 4 2 4 -

Annualised Performance

3Y 5Y 10Y
Fund 7.96% - -
Sector 8.49% 4.77% 8.31%
Rank 435/607 - -
Quartile 3 - -

Top 10 Holdings

Stock % Weight
BP 4.15
BT Group 3.90
Reed Elsevier 3.75
London Stock Exchange Group 3.62
GlaxoSmithKline 3.55
Micro Focus International 3.53
HSBC Holdings PLC (UK Reg) 3.42
ITV 3.23
Smith & Nephew 2.95
Legal & General Group 2.92
Total 35.03

Fund Aims

The investment strategy of the fund is to purchase units in the Artemis UK Special Situations Fund. That fund aims to achieve long-term capital growth by exploiting special situations. The fund invests principally in UK equities and in companies which are headquartered or have a significant part of their activities in the UK which are quoted on a regulated market outside the UK.

Fund Manager

Ruth Keattch manager for 4 years and 5 months

Photo of Ruth Keattch After graduating from Oxford University with a degree in Mathematics, Ruth spent a number of years working as an analyst before joining Granville Plc in 1991. By 1996 she was appointed a director and head of equities. Since then she has held various senior investment management positions focusing on the smaller and mid-cap area at Ruffer Investment Management and Deutsche Asset Management. Ruth joined Artemis in September 2008 from Troy Asset Management to work alongside Derek Stuart, on the Artemis UK Special Situations Fund.

Derek Stuart

Photo of Derek Stuart Having received his fund management training at Ivory & Sime, Derek was promoted in 1992 to manage UK equity income portfolios, an area responsible for over £1bn of investments. After a successful period managing income portfolios of principally blue chip stocks, he then managed UK small and mid-cap portfolios. Derek Stuart has been the fund manager of the Artemis UK Special Situations Fund since its launch in March 2000 and managed the Artemis Income Fund from its launch in June 2000 until January 2002. Derek is a co-founder of Artemis.

Fund Overview

Bid (21/05/2013) 171.60
Offer (21/05/2013) 180.60
Fund size £0.37m
Underlying Fund size £1047.23m
Number of holdings 80
Annual management charge 1.60%
Launch date 20/10/2008

Equity Sector Allocation

FTSE/ICB Supersector % Weight
Industrial Goods & Services 15.87
Oil & Gas 11.82
Health Care 9.01
Technology 8.37
Media 8.04
Telecommunications 7.38
Financial Services 7.15
Insurance 6.93
Travel & Leisure 5.75
Other 19.69
Portfolio data accurate as at: 30/04/13

Important Information

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.

Asset Allocation

pie chart
  UK Equities 93.63%
  International Equities 2.46%
  Cash and Equivalents 1.62%
  Other 2.29%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Basic Materials 5.49% - - -
 
 Basic Resources - 3.02% - -
 
 Mining - - 3.02% -
 
 General Mining - - - 3.02%
 
 Chemicals - 2.47% - -
 
 Chemicals - - 2.47% -
 
 Specialty Chemicals - - - 2.47%
 
 Consumer Goods 3.60% - - -
 
 Food & Beverage - 3.60% - -
 
 Food Producers - - 3.06% -
 
 Food Products - - - 3.06%
 
 Beverages - - 0.54% -
 
 Soft Drinks - - - 0.54%
 
 Consumer Services 15.58% - - -
 
 Media - 8.04% - -
 
 Media - - 8.04% -
 
 Publishing - - - 4.72%
 
 Broadcasting & Entertainment - - - 3.23%
 
 Media Agencies - - - 0.08%
 
 Travel & Leisure - 5.75% - -
 
 Travel & Leisure - - 5.75% -
 
 Restaurants & Bars - - - 2.38%
 
 Recreational Services - - - 1.85%
 
 Gambling - - - 0.83%
 
 Airlines - - - 0.68%
 
 Retail - 1.80% - -
 
 General Retailers - - 1.80% -
 
 Home Improvement Retailers - - - 1.30%
 
 Specialty Retailers - - - 0.50%
 
 Financials 17.49% - - -
 
 Financial Services - 7.15% - -
 
 Financial Services - - 7.15% -
 
 Investment Services - - - 6.11%
 
 Asset Managers - - - 1.04%
 
 Specialty Finance - - - 0.00%
 
 Insurance - 6.93% - -
 
 Life Insurance - - 5.99% -
 
 Life Insurance - - - 5.99%
 
 Nonlife Insurance - - 0.94% -
 
 Full Line Insurance - - - 0.94%
 
 Banks - 3.42% - -
 
 Banks - - 3.42% -
 
 Banks - - - 3.42%
 
 Health Care 9.01% - - -
 
 Health Care - 9.01% - -
 
 Health Care Equipment & Services - - 4.90% -
 
 Medical Equipment - - - 2.95%
 
 Health Care Providers - - - 1.94%
 
 Pharmaceuticals & Biotechnology - - 4.11% -
 
 Pharmaceuticals - - - 4.11%
 
 Industrials 15.87% - - -
 
 Industrial Goods & Services - 15.87% - -
 
 Support Services - - 8.31% -
 
 Business Support Services - - - 7.92%
 
 Waste & Disposal Services - - - 0.39%
 
 Aerospace & Defence - - 3.31% -
 
 Defence - - - 3.31%
 
 Electronic & Electrical Equipment - - 2.69% -
 
 Electronic Equipment - - - 1.37%
 
 Electrical Components & Equipment - - - 1.32%
 
 Industrial Engineering - - 1.21% -
 
 Industrial Machinery - - - 1.21%
 
 General Industrials - - 0.34% -
 
 Diversified Industrials - - - 0.34%
 
 Oil & Gas 11.82% - - -
 
 Oil & Gas - 11.82% - -
 
 Oil & Gas Producers - - 9.40% -
 
 Integrated Oil & Gas - - - 5.33%
 
 Oil & Gas Exploration & Production - - - 4.07%
 
 Oil Equipment, Services & Distribution - - 2.42% -
 
 Oil Equipment & Services - - - 2.42%
 
 Technology 8.37% - - -
 
 Technology - 8.37% - -
 
 Software & Computer Services - - 6.76% -
 
 Software - - - 5.74%
 
 Computer Services - - - 1.02%
 
 Technology Hardware & Equipment - - 1.62% -
 
 Telecommunications Equipment - - - 1.62%
 
 Telecommunications 7.38% - - -
 
 Telecommunications - 7.38% - -
 
 Fixed Line Telecommunications - - 3.90% -
 
 Fixed Line Telecommunications - - - 3.90%
 
 Mobile Telecommunications - - 3.48% -
 
 Mobile Telecommunications - - - 3.48%
 
 Non-Classified 3.76% - - -
 
 Cash and Equivalents 1.62% - - -

Regional Allocation

pie chart
  UK 93.63%
  Non-Classified 2.29%
  Developed Europe - Excl UK 1.95%
  Cash and Equivalents 1.62%
  North America 0.51%
pie chart
  Non-debt 99.12%
  Cash 0.87%
  Pound Sterling 0.00%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 93.63% -
 
 United Kingdom - 93.63%
 
 Non-Classified 2.29% -
 
 Developed Europe - Excl UK 1.95% -
 
 Luxembourg - 1.27%
 
 Spain - 0.68%
 
 Cash and Equivalents 1.62% -
 
 North America 0.51% -
 
 United States - 0.43%
 
 Canada - 0.08%

Breakdown By Market Cap (%)

Mega
 
 
23.01%
Large
 
 
15.46%
Medium
 
 
34.16%
Small
 
 
16.21%
Micro
 
 
4.38%
Non-Classified
 
 
5.17%
Bonds
 
 
0.00%
Cash
 
 
1.62%

Top 10 Holdings

Stock % Weight Sector Country
1 BP 4.15% Oil & Gas United Kingdom
2 BT Group 3.90% Telecommunications United Kingdom
3 Reed Elsevier 3.75% Media United Kingdom
4 London Stock Exchange Group 3.62% Financial Services United Kingdom
5 GlaxoSmithKline 3.55% Health Care United Kingdom
6 Micro Focus International 3.53% Technology United Kingdom
7 HSBC Holdings PLC (UK Reg) 3.42% Banks United Kingdom
8 ITV 3.23% Media United Kingdom
9 Smith & Nephew 2.95% Health Care United Kingdom
10 Legal & General Group 2.92% Insurance United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Managed Funds Property Other Cash & Equiv Total
Basic Materials 4.22% 1.27% - - - - - - - 5.49%
Consumer Goods 3.60% - - - - - - - - 3.60%
Consumer Services 14.82% 0.76% - - - - - - - 15.58%
Financials 17.49% - - - - - - - - 17.49%
Health Care 9.01% - - - - - - - - 9.01%
Industrials 15.87% - - - - - - - - 15.87%
Oil & Gas 11.39% 0.43% - - - - - - - 11.82%
Technology 8.37% - - - - - - - - 8.37%
Telecommunications 7.38% - - - - - - - - 7.38%
Utilities - - - - - - - - - -
Property - - - - - - - - - -
Cash and Equivalents - - - - - - - - 1.62% 1.62%
Managed Funds - - - - - - - - - -
Bonds - - - - - - - - - -
Non-Classified 1.47% 0.00% - - - - - 2.29% - 3.76%
Commodities - - - - - - - - - -
Alternative Trading Strategies - - - - - - - - - -
Portfolio data accurate as at: 30/04/13

Important Information

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.

Identification Codes

Sedol Code B3BW0R2
Mex Code PUAMSU
Isin Code GB00B3BW0R25
Citi Code D9V8

Charges

Annual management charge 1.60%

Aims and Benchmark

Benchmark FTSE All-Share Index
ABI Sector UK All Companies
Aims The investment strategy of the fund is to purchase units in the Artemis UK Special Situations Fund. That fund aims to achieve long-term capital growth by exploiting special situations. The fund invests principally in UK equities and in companies which are headquartered or have a significant part of their activities in the UK which are quoted on a regulated market outside the UK.

Fund Background

Launch date 20/10/2008

Ratings

OBSR OBSR rating of Gold
FE Crown Crown Rating of 1

Risk Analysis

Ratio Value
Alpha 0.53
Beta 0.87
Sharpe 0.37
Standard Deviation 11.99
Info Ratio -0.14

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Porfolio No
Smaller Companies Yes
High Yield Bonds No
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 Liabilites No
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Smaller Companies - The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.

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.

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 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.