Prudential Artemis European Growth S2

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/10/15
to
31/10/16
31/10/16
to
31/10/17
31/10/17
to
31/10/18
31/10/18
to
31/10/19
31/10/19
to
31/10/20
Fund 21.2% 20.2% -14.0% 6.2% -20.8%
Sector 16.4% 16.1% -6.4% 7.7% -3.4%
Rank 20/203 26/209 204/210 163/211 202/211
Quartile 1 1 4 4 4

Annualised performance

Annualised
3 Years to
31/10/20
5 Years to
31/10/20
10 Years to
31/10/20
Fund -10.2% 1.1% 3.8%
Sector -0.9% 5.6% 5.9%
Rank 206/210 192/203 163/179
Quartile 4 4 4

Top 10 Holdings

Stock % Weight
KONINKLIJKE AHOLD DELHAIZE NV 4.22
EIFFAGE SA 4.08
UNIPOL GRUPPO SPA 3.66
DEUTSCHE TELEKOM AG 3.52
ASR NEDERLAND NV 3.46
SANOFI 3.45
NN GROUP NV 3.27
BETSSON AB 3.07
BAWAG GROUP AG 2.50
CNP ASSURANCES 2.50
Total 33.75

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Artemis European Growth Fund - the underlying fund.

Underlying Fund Objective - The fund aims to provide long-term capital growth through investment principally in companies in Europe (excluding the UK). The Manager actively manages the portfolio and will not be restricted in the choice of investments either by company size or industry, or in terms of the geographical split of the portfolio.

Fund Manager

Philip Wolstencroft manager of the underlying fund for 19 years and 8 months

Photo of Philip Wolstencroft Philip is a partner, a member of the management committee and the creator of an investment process (SmartGARP™) which Artemis uses to help choose stocks for five of its funds. He has managed the Artemis European Growth Fund since its launch in March 2001 and the Artemis Capital Fund since July 2010. He joined Artemis in February 2001 from Merrill Lynch, where he was head of pan-European equity strategy. He holds a BA and an MA in economics.

Peter Saacke manager of the underlying fund for 17 years and 11 months

Photo of Peter Saacke Peter has managed the Artemis Global Growth Fund since January 2004 and co-managed the Artemis Global Emerging Markets Fund since its launch in April 2015. He joined Artemis in December 2002 from Merrill Lynch, where he worked as an equity strategist from 1999. Peter holds a BA in mathematics & philosophy from the University of Oxford, an MA in economics from Freiburg University and a PhD in economics from Hamburg University. He is a CFA charterholder, a partner in Artemis, chief investment officer and a member of the executive committee.

Fund Overview

Bid (27/11/2020) 118.20
Offer (27/11/2020) 124.40
Fund size (30/09/2020) £1.06m
Underlying Fund size £116.60m
Number of holdings 78
Launch date 03/08/2007

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.14%
Yearly Total 1.74%

Asset Allocation

pie chart
  International Equities 95.91%
  UK Equities 3.30%
  International Bonds 0.83%
  Cash and Equivalents -0.04%
Portfolio data accurate as at: 30/09/20

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 95.91%
  UK Equities 3.30%
  International Bonds 0.83%
  Cash and Equivalents -0.04%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 28.53% - - -
 
Insurance - 15.05% - -
 
Non-life Insurance - - 7.79% -
 
Full Line Insurance - - - 7.79%
 
Life Insurance - - 7.27% -
 
Life Insurance - - - 7.27%
 
Financial Services - 8.54% - -
 
Investment Banking & Brokerage Services - - 7.79% -
 
Asset Managers & Custodians - - - 5.20%
 
Diversified Financial Services - - - 2.59%
 
Finance & Credit Services - - 0.75% -
 
Mortgage Finance - - - 0.41%
 
Consumer Lending - - - 0.34%
 
Banks - 4.93% - -
 
Banks - - 4.93% -
 
Banks - - - 4.93%
 
Industrials 17.81% - - -
 
Construction & Materials - 10.47% - -
 
Construction & Materials - - 10.47% -
 
Construction - - - 6.27%
 
Building Materials: Other - - - 3.07%
 
Cement - - - 1.14%
 
Industrial Goods & Services - 7.34% - -
 
Industrial Transportation - - 4.88% -
 
Delivery Services - - - 2.42%
 
Commercial Vehicles & Parts - - - 1.94%
 
Marine Transportation - - - 0.53%
 
Industrial Engineering - - 2.13% -
 
Machinery: Industrial - - - 1.69%
 
Machinery: Agricultural - - - 0.43%
 
Industrial Support Services - - 0.33% -
 
Industrial Suppliers - - - 0.33%
 
Consumer Staples 9.94% - - -
 
Personal Care, Drug & Grocery Stores - 6.72% - -
 
Personal Care, Drug & Grocery Stores - - 6.72% -
 
Food Retailers & Wholesalers - - - 6.44%
 
Nondurable Household Products - - - 0.28%
 
Food, Beverage & Tobacco - 3.22% - -
 
Tobacco - - 2.91% -
 
Tobacco - - - 2.91%
 
Food Producers - - 0.31% -
 
Fruit & Grain Processing - - - 0.31%
 
Basic Materials 9.40% - - -
 
Basic Resources - 6.37% - -
 
Industrial Metals & Mining - - 5.81% -
 
General Mining - - - 2.99%
 
Nonferrous Metals - - - 2.08%
 
Iron & Steel - - - 0.74%
 
Precious Metals & Mining - - 0.29% -
 
Gold Mining - - - 0.29%
 
Industrial Materials - - 0.27% -
 
Paper - - - 0.27%
 
Chemicals - 3.02% - -
 
Chemicals - - 3.02% -
 
Chemicals: Diversified - - - 1.52%
 
Fertilizers - - - 1.50%
 
Consumer Discretionary 8.58% - - -
 
Travel & Leisure - 4.35% - -
 
Travel & Leisure - - 4.35% -
 
Casinos & Gambling - - - 4.35%
 
Automobiles & Parts - 2.44% - -
 
Automobiles & Parts - - 2.44% -
 
Automobiles - - - 2.44%
 
Media - 1.80% - -
 
Media - - 1.80% -
 
Media Agencies - - - 1.80%
 
Retail - 0.00% - -
 
Retailers - - 0.00% -
 
Specialty Retailers - - - 0.00%
 
Telecommunications 7.46% - - -
 
Telecommunications - 7.46% - -
 
Telecommunications Service Providers - - 7.46% -
 
Telecommunications Services - - - 7.46%
 
Health Care 6.35% - - -
 
Health Care - 6.35% - -
 
Pharmaceuticals & Biotechnology - - 6.01% -
 
Pharmaceuticals - - - 6.01%
 
Medical Equipment & Services - - 0.34% -
 
Medical Equipment - - - 0.34%
 
Utilities 5.69% - - -
 
Utilities - 5.69% - -
 
Electricity - - 3.97% -
 
Conventional Electricity - - - 3.97%
 
Gas, Water & Multi-utilities - - 1.72% -
 
Gas Distribution - - - 1.72%
 
Energy 4.50% - - -
 
Energy - 4.50% - -
 
Non-Renewable Energy - - 4.50% -
 
Integrated Oil & Gas - - - 2.95%
 
Pipelines - - - 1.54%
 
Bonds 0.83% - - -
 
Real Estate 0.67% - - -
 
Real Estate - 0.67% - -
 
Real Estate Investment & Services - - 0.67% -
 
Real Estate Holding and Development - - - 0.67%
 
Technology 0.27% - - -
 
Technology - 0.27% - -
 
Technology Hardware & Equipment - - 0.27% -
 
Electronic Office Equipment - - - 0.27%
 
Cash and Equivalents -0.04% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 88.01%
  Emerging Europe 8.74%
  UK 3.30%
  Cash and Equivalents -0.04%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.21%
  Swedish Krona 0.83%
  Cash -0.04%

Regional Breakdown

Expand allCollapse all
Region Country
 
Developed Europe - Excl UK 88.01% -
 
France - 16.48%
 
Italy - 13.29%
 
Netherlands - 13.13%
 
Germany - 11.51%
 
Sweden - 10.12%
 
Austria - 5.10%
 
Switzerland - 4.20%
 
Finland - 3.88%
 
Belgium - 3.73%
 
Denmark - 2.50%
 
Spain - 1.83%
 
Norway - 1.50%
 
Portugal - 0.75%
 
Emerging Europe 8.74% -
 
Russian Federation - 3.67%
 
Greece - 2.31%
 
Hungary - 1.69%
 
Czech Republic - 0.63%
 
Turkey - 0.43%
 
UK 3.30% -
 
United Kingdom - 3.30%
 
Cash and Equivalents -0.04% -

Breakdown By Market Cap (%)

Mega
 
 
22.99%
Large
 
 
29.19%
Medium
 
 
34.40%
Small
 
 
8.96%
Non-Classified
 
 
3.67%
Bonds
 
 
0.83%
Cash
 
-0.04%

Top 10 Holdings

Stock % Weight Sector Country
1 KONINKLIJKE AHOLD DELHAIZE NV 4.22% Personal Care, Drug & Grocery Stores Netherlands
2 EIFFAGE SA 4.08% Construction & Materials France
3 UNIPOL GRUPPO SPA 3.66% Non-life Insurance Italy
4 DEUTSCHE TELEKOM AG 3.52% Telecommunications Service Providers Germany
5 ASR NEDERLAND NV 3.46% Non-life Insurance Netherlands
6 SANOFI 3.45% Pharmaceuticals & Biotechnology France
7 NN GROUP NV 3.27% Life Insurance Netherlands
8 BETSSON AB 3.07% Travel & Leisure Sweden
9 BAWAG GROUP AG 2.50% Banks Austria
10 CNP ASSURANCES 2.50% Life Insurance France

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 0.27% - - - - - - 0.27%
Telecommunications - 7.46% - - - - - - 7.46%
Financials 0.41% 28.12% - 0.83% - - - - 29.37%
Real Estate - 0.67% - - - - - - 0.67%
Consumer Discretionary - 8.58% - - - - - - 8.58%
Consumer Staples 0.94% 9.00% - - - - - - 9.94%
Energy - 4.50% - - - - - - 4.50%
Utilities - 5.69% - - - - - - 5.69%
Health Care - 6.35% - - - - - - 6.35%
Industrials - 17.81% - - - - - - 17.81%
Basic Materials 1.95% 7.45% - - - - - - 9.40%
Cash and Equivalents - - - - - - - -0.04% -0.04%

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 B1YVPP5
Mex Code SBG
Isin Code GB00B1YVPP53
Citi Code AKA3

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.14%
Yearly Total 1.74%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Artemis European Growth Fund - the underlying fund. Underlying Fund Objective - The fund aims to provide long-term capital growth through investment principally in companies in Europe (excluding the UK). The Manager actively manages the portfolio and will not be restricted in the choice of investments either by company size or industry, or in terms of the geographical split of the portfolio.
Benchmark FTSE World Europe ex UK TR
ABI Sector Europe excluding UK Equities

Ratings

FE Crown Crown Rating of 1

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs 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 -8.77
Beta 1.34
Sharpe -0.03
Standard Deviation 18.98
Info Ratio -1.24

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
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 Liabilities 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

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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.