Pru Life Artemis European Growth 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 29.93% -21.85% 17.52% 26.10% -41.28%
Sector 22.60% -13.55% 13.96% 26.58% -25.03%
Rank 13/270 258/265 62/259 121/243 215/219
Quartile 1 4 1 2 4

Annualised Performance

3Y 5Y 10Y
Fund 6.07% -2.44% -
Sector 6.50% 2.77% 9.02%
Rank 161/259 218/219 -
Quartile 3 4 -

Top 10 Holdings

Stock % Weight
Freenet AG 4.53
Ageas 3.66
DNB 2.91
LUKOIL (OAO) 2.49
Bayer AG 2.45
Credit Suisse Group 2.40
Swedbank AB Series A 2.22
AXA S.A. 2.18
European Aeronautic Defence & Space Co. EADS N.V. 2.11
Actelion 2.04
Total 26.99

Fund Aims

The investment strategy of the fund is to purchase units in the Artemis European Growth Fund. That 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

Photo of Philip Wolstencroft Philip has managed the Artemis European Growth Fund since its launch in March 2001 and the Artemis Capital Fund since July 2010

Peter Saacke

Photo of Peter Saacke Peter joined Artemis in December 2002 from Merrill Lynch, where he worked as pan-European equity strategist and quantitative economist from 1999. Peter holds a BA in Mathematics and Philosophy from the University of Oxford, an MA in Economics from Freiburg University and a PhD in Economics from Hamburg University. In 1998 he became a visiting researcher at the European University Institute in Florence. Peter is a CFA charterholder. He has managed the Artemis European Growth Fund with Philip Wolstencroft since December 2002 and took over the management of the Artemis Global Growth Fund

Fund Overview

Bid (21/05/2013) 83.70
Offer (21/05/2013) 88.10
Fund size £0.69m
Underlying Fund size £250.90m
Number of holdings 142
Annual management charge 1.60%
Launch date 03/08/2007

Equity Sector Allocation

FTSE/ICB Supersector % Weight
Industrial Goods & Services 17.69
Banks 14.77
Insurance 13.24
Food & Beverage 8.17
Telecommunications 6.85
Health Care 5.65
Media 5.27
Oil & Gas 5.26
Travel & Leisure 3.44
Other 19.65
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
  International Equities 96.81%
  Cash and Equivalents 2.16%
  Other 1.03%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Basic Materials 3.08% - - -
 
 Chemicals - 2.45% - -
 
 Chemicals - - 2.45% -
 
 Specialty Chemicals - - - 2.45%
 
 Commodity Chemicals - - - 0.00%
 
 Basic Resources - 0.63% - -
 
 Forestry & Paper - - 0.63% -
 
 Paper - - - 0.63%
 
 Consumer Goods 12.06% - - -
 
 Food & Beverage - 8.17% - -
 
 Food Producers - - 8.17% -
 
 Farming & Fishing - - - 5.22%
 
 Food Products - - - 2.95%
 
 Beverages - - 0.00% -
 
 Brewers - - - 0.00%
 
 Automobiles & Parts - 2.53% - -
 
 Automobiles & Parts - - 2.53% -
 
 Auto Parts - - - 2.08%
 
 Automobiles - - - 0.44%
 
 Personal & Household Goods - 1.37% - -
 
 Leisure Goods - - 1.37% -
 
 Toys - - - 1.37%
 
 Personal Goods - - 0.00% -
 
 Footwear - - - 0.00%
 
 Clothing & Accessories - - - 0.00%
 
 Household Goods & Home Construction - - 0.00% -
 
 Nondurable Household Products - - - 0.00%
 
 Consumer Services 9.99% - - -
 
 Media - 5.27% - -
 
 Media - - 5.27% -
 
 Media Agencies - - - 2.74%
 
 Broadcasting & Entertainment - - - 1.84%
 
 Publishing - - - 0.69%
 
 Travel & Leisure - 3.44% - -
 
 Travel & Leisure - - 3.44% -
 
 Airlines - - - 1.64%
 
 Gambling - - - 1.44%
 
 Recreational Services - - - 0.36%
 
 Retail - 1.27% - -
 
 General Retailers - - 0.95% -
 
 Specialty Retailers - - - 0.95%
 
 Food & Drug Retailers - - 0.32% -
 
 Food Retailers & Wholesalers - - - 0.32%
 
 Financials 30.69% - - -
 
 Banks - 14.77% - -
 
 Banks - - 14.77% -
 
 Banks - - - 14.77%
 
 Insurance - 13.24% - -
 
 Nonlife Insurance - - 9.58% -
 
 Reinsurance - - - 4.83%
 
 Full Line Insurance - - - 4.34%
 
 Property & Casualty Insurance - - - 0.42%
 
 Life Insurance - - 3.66% -
 
 Life Insurance - - - 3.66%
 
 Financial Services - 2.27% - -
 
 Financial Services - - 2.27% -
 
 Asset Managers - - - 2.27%
 
 Specialty Finance - - - 0.00%
 
 Real Estate - 0.42% - -
 
 Real Estate Investment & Services - - 0.42% -
 
 Real Estate Holding & Development - - - 0.42%
 
 Health Care 5.65% - - -
 
 Health Care - 5.65% - -
 
 Pharmaceuticals & Biotechnology - - 4.34% -
 
 Biotechnology - - - 2.70%
 
 Pharmaceuticals - - - 1.64%
 
 Health Care Equipment & Services - - 1.31% -
 
 Health Care Providers - - - 1.02%
 
 Medical Equipment - - - 0.29%
 
 Industrials 18.60% - - -
 
 Industrial Goods & Services - 17.69% - -
 
 Industrial Engineering - - 4.22% -
 
 Industrial Machinery - - - 2.97%
 
 Commercial Vehicles & Trucks - - - 1.25%
 
 Aerospace & Defence - - 3.89% -
 
 Aerospace - - - 2.11%
 
 Defence - - - 1.78%
 
 Industrial Transportation - - 3.48% -
 
 Delivery Services - - - 1.81%
 
 Transportation Services - - - 0.97%
 
 Marine Transportation - - - 0.69%
 
 Electronic & Electrical Equipment - - 2.24% -
 
 Electronic Equipment - - - 2.24%
 
 Electrical Components & Equipment - - - 0.00%
 
 Support Services - - 1.94% -
 
 Business Support Services - - - 1.94%
 
 General Industrials - - 1.93% -
 
 Containers & Packaging - - - 1.59%
 
 Diversified Industrials - - - 0.34%
 
 Construction & Materials - 0.91% - -
 
 Construction & Materials - - 0.91% -
 
 Heavy Construction - - - 0.91%
 
 Oil & Gas 5.26% - - -
 
 Oil & Gas - 5.26% - -
 
 Oil & Gas Producers - - 2.79% -
 
 Integrated Oil & Gas - - - 2.79%
 
 Oil Equipment, Services & Distribution - - 2.48% -
 
 Oil Equipment & Services - - - 2.48%
 
 Alternative Energy - - 0.00% -
 
 Renewable Energy Equipment - - - 0.00%
 
 Technology 3.43% - - -
 
 Technology - 3.43% - -
 
 Software & Computer Services - - 2.76% -
 
 Computer Services - - - 2.76%
 
 Technology Hardware & Equipment - - 0.67% -
 
 Semiconductors - - - 0.67%
 
 Telecommunications 6.85% - - -
 
 Telecommunications - 6.85% - -
 
 Mobile Telecommunications - - 5.88% -
 
 Mobile Telecommunications - - - 5.88%
 
 Fixed Line Telecommunications - - 0.97% -
 
 Fixed Line Telecommunications - - - 0.97%
 
 Utilities 1.18% - - -
 
 Utilities - 1.18% - -
 
 Gas, Water & Multiutilities - - 1.18% -
 
 Multiutilities - - - 1.18%
 
 Gas Distribution - - - 0.00%
 
 Electricity - - 0.00% -
 
 Alternative Electricity - - - 0.00%
 
 Conventional Electricity - - - 0.00%
 
 Non-Classified 1.03% - - -
 
 Cash and Equivalents 2.16% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 81.03%
  Emerging Europe 11.04%
  North America 3.94%
  Cash and Equivalents 2.16%
  Middle East & Africa 1.84%
  UK 0.00%
  Non-Classified 0.00%
pie chart
  Non-debt 99.58%
  Euro 2.19%
  Cash -1.78%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Developed Europe - Excl UK 81.03% -
 
 Germany - 21.12%
 
 France - 14.20%
 
 Norway - 13.32%
 
 Switzerland - 7.11%
 
 Belgium - 5.94%
 
 Italy - 5.31%
 
 Netherlands - 4.04%
 
 Sweden - 3.82%
 
 Finland - 2.69%
 
 Ireland - 1.59%
 
 Portugal - 0.63%
 
 Spain - 0.50%
 
 Austria - 0.42%
 
 Denmark - 0.34%
 
 Emerging Europe 11.04% -
 
 Turkey - 6.17%
 
 Russian Federation - 4.87%
 
 North America 3.94% -
 
 United States - 3.94%
 
 Cash and Equivalents 2.16% -
 
 Middle East & Africa 1.84% -
 
 Israel - 1.84%
 
 UK 0.00% -
 
 United Kingdom - 0.00%
 
 Non-Classified 0.00% -

Breakdown By Market Cap (%)

Mega
 
 
15.47%
Large
 
 
24.62%
Medium
 
 
32.03%
Small
 
 
17.10%
Micro
 
 
0.69%
Non-Classified
 
 
7.93%
Bonds
 
 
0.00%
Cash
 
 
2.16%

Top 10 Holdings

Stock % Weight Sector Country
1 Freenet AG 4.53% Telecommunications Germany
2 Ageas 3.66% Insurance Belgium
3 DNB 2.91% Banks Norway
4 LUKOIL (OAO) 2.49% Oil & Gas Russian Federation
5 Bayer AG 2.45% Chemicals Germany
6 Credit Suisse Group 2.40% Banks Switzerland
7 Swedbank AB Series A 2.22% Banks Sweden
8 AXA S.A. 2.18% Insurance France
9 European Aeronautic Defence & Space Co. EADS N.V. 2.11% Industrial Goods & Services Netherlands
10 Actelion 2.04% Health Care Switzerland

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 - 3.08% - - - - - - - 3.08%
Consumer Goods - 12.06% - - - - - 1.03% - 13.09%
Consumer Services - 9.99% - - - - - - - 9.99%
Financials - 30.69% - - - - - - - 30.69%
Health Care - 5.65% - - - - - - - 5.65%
Industrials - 18.60% - - - - - - - 18.60%
Oil & Gas 0.00% 5.26% - - - - - - - 5.26%
Technology - 3.43% - - - - - - - 3.43%
Telecommunications - 6.85% - - - - - - - 6.85%
Utilities - 1.18% - - - - - - - 1.18%
Property - - - - - - - - - -
Cash and Equivalents - - - - - - - - 2.16% 2.16%
Managed Funds - - - - - - - - - -
Bonds - - - - - - - - - -
Non-Classified - - - - - - - 0.00% - 0.00%
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 B1YVPP5
Mex Code SBG
Isin Code GB00B1YVPP53
Citi Code AKA3

Charges

Annual management charge 1.60%

Aims and Benchmark

Benchmark FTSE Europe ex UK
ABI Sector Europe excluding UK Equities
Aims The investment strategy of the fund is to purchase units in the Artemis European Growth Fund. That 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 Background

Launch date 03/08/2007

Ratings

OBSR OBSR rating of Bronze
FE Crown Crown Rating of 3

Risk Analysis

Ratio Value
Alpha -1.70
Beta 1.31
Sharpe 0.11
Standard Deviation 22.61
Info Ratio -0.06

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Porfolio 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 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

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.