Prudential Artemis High Income S2

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

Performance

Discrete performance - to last month end

31/05/13
to
31/05/14
31/05/14
to
31/05/15
31/05/15
to
31/05/16
31/05/16
to
31/05/17
31/05/17
to
31/05/18
Fund 8.4% 4.0% -1.1% 9.1% 0.7%
Sector 4.6% 2.9% 0.0% 5.9% -0.4%
Rank 10/135 58/137 126/142 16/145 42/147
Quartile 1 2 4 1 2

Annualised performance

Annualised
3 Years to
31/05/18
5 Years to
31/05/18
10 Years to
31/05/18
Fund 2.8% 4.1% n/a
Sector 1.8% 2.6% 4.1%
Rank 61/142 36/135 n/a
Quartile 2 2 n/a

Top 10 Holdings

Stock % Weight
1¾% Treasury Gilt 2019 4.53
PHOENIX GROUP HOLDINGS NOTES FIXED 6.625% 18/DEC/2025 GBP 1000 1.41
RBS CAPITAL TRUST II CALLABLE BOND VARIABLE USD 1000 1.30
AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.09
Aberforth Split Level Income Trust 1.09
RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.06
Royal Dutch Shell A 1.03
BURFORD CAPITAL LTD USD 6.125% 2025 (NEW) 1.02
ARGENTUM (SWISS RE LTD) 1.01
ROTHESAY LIFE PLC BOND FIXED 8% 30/OCT/2025 GBP 1000 1.01
Total 14.55

Fund Aims

The investment strategy of the fund is to purchase units in the Artemis High Income Fund. That fund aims to achieve a higher than average initial yield, combined with the prospect of rising income and some capital growth over the long-term. The emphasis of the fund will be investment in UK fixed-interest investments and preference shares, however, the Manager has the flexibility to invest in all economic sectors worldwide and in equities.

Fund Manager

Alex Ralph manager of the underlying fund for 4 years and 4 months

Photo of Alex Ralph Alex runs the Artemis Strategic Bond Fund alongside James Foster and is the manager of the Artemis High Income Fund. She graduated in 2000 from the London School of Economics and joined Royal Sun Alliance, as a credit analyst. In 2002, Alex moved into managing retail bond funds with ISIS, initially specialising in the high-yield market but later adding duration and investment-grade positioning. Alex joined Artemis in April 2005 and is a CFA charterholder.

Fund Overview

Bid (15/06/2018) 182.00
Offer (15/06/2018) 191.60
Fund size (30/04/2018) £6.74m
Underlying Fund size £1307.16m
Number of holdings 153
Launch date 20/10/2008

Fund Charges

Base Annual Management Charge (AMC) 1.50%
Additional Charges 0.08%
Total Charges 1.58%

Asset Allocation

pie chart
  International Bonds 47.38%
  UK Corporate Bonds 28.40%
  UK Equities 8.30%
  International Equities 6.00%
  UK Gilts 4.53%
  Investment Trusts 2.18%
  Other Assets 3.21%
Portfolio data accurate as at: 31/05/18

Important Information

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). 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, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our 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 net income reinvested. The value of your investment can go down as well as up and you may not get back the amount you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, 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 Bonds 47.38%
  UK Corporate Bonds 28.40%
  UK Equities 8.30%
  International Equities 6.00%
  UK Gilts 4.53%
  Investment Trusts 2.18%
  Other Assets 3.21%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 2.95% - - -
 
Basic Resources - 2.22% - -
 
Industrial Metals & Mining - - 0.85% -
 
Nonferrous Metals - - - 0.85%
 
Mining - - 0.80% -
 
General Mining - - - 0.80%
 
Forestry & Paper - - 0.57% -
 
Paper - - - 0.57%
 
Chemicals - 0.73% - -
 
Chemicals - - 0.73% -
 
Specialty Chemicals - - - 0.73%
 
Consumer Services 8.95% - - -
 
Travel & Leisure - 4.37% - -
 
Travel & Leisure - - 4.37% -
 
Restaurants & Bars - - - 1.24%
 
Gambling - - - 0.98%
 
Travel & Tourism - - - 0.86%
 
Recreational Services - - - 0.70%
 
Airlines - - - 0.59%
 
Retail - 2.36% - -
 
Food & Drug Retailers - - 1.57% -
 
Food Retailers & Wholesalers - - - 1.57%
 
General Retailers - - 0.79% -
 
Apparel Retailers - - - 0.79%
 
Media - 2.22% - -
 
Media - - 2.22% -
 
Broadcasting & Entertainment - - - 2.22%
 
Financials 29.42% - - -
 
Banks - 13.08% - -
 
Banks - - 13.08% -
 
Banks - - - 13.08%
 
Insurance - 9.01% - -
 
Life Insurance - - 5.43% -
 
Life Insurance - - - 5.43%
 
Nonlife Insurance - - 3.58% -
 
Reinsurance - - - 1.56%
 
Full Line Insurance - - - 1.05%
 
Property & Casualty Insurance - - - 0.97%
 
Financial Services - 7.33% - -
 
Financial Services - - 5.15% -
 
Specialty Finance - - - 3.09%
 
Mortgage Finance - - - 0.86%
 
Investment Services - - - 0.79%
 
Asset Managers - - - 0.41%
 
Equity Investment Instruments - - 2.18% -
 
Equity Investment Instruments - - - 2.18%
 
Health Care 1.35% - - -
 
Health Care - 1.35% - -
 
Health Care Equipment & Services - - 0.93% -
 
Health Care Providers - - - 0.93%
 
Pharmaceuticals & Biotechnology - - 0.42% -
 
Pharmaceuticals - - - 0.42%
 
Industrials 0.94% - - -
 
Industrial Goods & Services - 0.94% - -
 
General Industrials - - 0.86% -
 
Containers & Packaging - - - 0.66%
 
Diversified Industrials - - - 0.20%
 
Industrial Engineering - - 0.08% -
 
Industrial Machinery - - - 0.08%
 
Oil & Gas 2.25% - - -
 
Oil & Gas - 2.25% - -
 
Oil & Gas Producers - - 2.25% -
 
Oil & Gas Exploration & Production - - - 2.25%
 
Technology 0.98% - - -
 
Technology - 0.98% - -
 
Software & Computer Services - - 0.56% -
 
Software - - - 0.56%
 
Technology Hardware & Equipment - - 0.42% -
 
Computer Hardware - - - 0.42%
 
Telecommunications 3.41% - - -
 
Telecommunications - 3.41% - -
 
Fixed Line Telecommunications - - 2.32% -
 
Fixed Line Telecommunications - - - 2.32%
 
Mobile Telecommunications - - 1.09% -
 
Mobile Telecommunications - - - 1.09%
 
Utilities 6.56% - - -
 
Utilities - 6.56% - -
 
Gas, Water & Multiutilities - - 3.94% -
 
Multiutilities - - - 2.05%
 
Water - - - 1.09%
 
Gas Distribution - - - 0.80%
 
Electricity - - 2.62% -
 
Conventional Electricity - - - 1.66%
 
Alternative Electricity - - - 0.96%
 
Equities 14.30% - - -
 
Government 4.53% - - -
 
Government - 4.53% - -
 
Government - - 4.53% -
 
Government - - - 4.53%
 
Corporate Bonds 1.60% - - -
 
Corporate Bonds - 1.60% - -
 
Corporate Bonds - - 1.60% -
 
Corporate Bonds - - - 1.60%
 
Asset Backed securities 0.23% - - -
 
Asset backed securities - 0.23% - -
 
Asset backed securities - - 0.23% -
 
Asset backed securities - - - 0.23%
 
Non-Classified 20.99% - - -
 
Cash and Equivalents 1.54% - - -

Regional Allocation

pie chart
  UK 41.23%
  Developed Europe - Excl UK 36.84%
  North America 11.43%
  Non-Classified 5.31%
  Australia & New Zealand 2.14%
  Cash and Equivalents 1.54%
  South & Central America 1.51%

Fixed Interest Currencies

pie chart
  Pound Sterling 35.32%
  US Dollar 27.95%
  Non-Fixed Interest Assets 18.15%
  Euro 17.04%
  Cash 1.54%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 41.23% -
 
United Kingdom - 41.23%
 
Developed Europe - Excl UK 36.84% -
 
France - 7.58%
 
Luxembourg - 4.69%
 
Germany - 4.52%
 
Netherlands - 4.25%
 
Ireland - 3.34%
 
Italy - 3.07%
 
Spain - 2.85%
 
Switzerland - 2.44%
 
Belgium - 1.49%
 
Portugal - 1.46%
 
Denmark - 0.59%
 
Norway - 0.32%
 
Sweden - 0.24%
 
North America 11.43% -
 
United States - 8.71%
 
Canada - 1.75%
 
Bermuda - 0.97%
 
Non-Classified 5.31% -
 
Australia & New Zealand 2.14% -
 
Australia - 2.14%
 
Cash and Equivalents 1.54% -
 
South & Central America 1.51% -
 
Mexico - 1.09%
 
Cayman Islands - 0.42%

Breakdown By Market Cap (%)

Mega
 
 
4.81%
Large
 
 
3.26%
Medium
 
 
3.52%
Small
 
 
0.84%
Micro
 
 
0.08%
Non-Classified
 
 
5.64%
Bonds
 
 
80.31%
Cash
 
 
1.54%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
51.78%
5Yr - 10Yr Maturity
 
 
23.25%
> 15Yr Maturity
 
 
4.92%
Unknown Maturity
 
 
1.67%
Cash And Equivalents
 
 
1.54%
10Yr - 15Yr Maturity
 
 
0.36%
Other Asset Types
 
 
16.48%

Fixed Interest Quality Profile

BBB
 
 
13.90%
AA
 
 
4.99%
A
 
 
0.72%
Sub-Investment Grade
 
 
33.35%
Unknown Quality
 
 
27.35%
Cash and Equivalents
 
 
1.54%
Other Asset Types
 
 
18.15%

Top 10 Holdings

Stock % Weight Sector Country
1 1¾% Treasury Gilt 2019 4.53% Bonds United Kingdom
2 PHOENIX GROUP HOLDINGS NOTES FIXED 6.625% 18/DEC/2025 GBP 1000 1.41% Life Insurance Ireland
3 RBS CAPITAL TRUST II CALLABLE BOND VARIABLE USD 1000 1.30% Banks United States
4 AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.09% Mobile Telecommunications Mexico
5 Aberforth Split Level Income Trust 1.09% Equity Investment Instruments Non-Classified
6 RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.06% Gas, Water & Multiutilities Germany
7 Royal Dutch Shell A 1.03% Oil & Gas Producers United Kingdom
8 BURFORD CAPITAL LTD USD 6.125% 2025 (NEW) 1.02% Bonds United Kingdom
9 ARGENTUM (SWISS RE LTD) 1.01% Nonlife Insurance Non-Classified
10 ROTHESAY LIFE PLC BOND FIXED 8% 30/OCT/2025 GBP 1000 1.01% Life Insurance United Kingdom

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, 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 B3BW038
Mex Code PUARTE
Isin Code GB00B3BW0386
Citi Code D9U3

Fund Charges

Base Annual Management Charge (AMC) 1.50%
Additional Charges 0.08%
Total Charges 1.58%

Aims and Benchmark

Aims The investment strategy of the fund is to purchase units in the Artemis High Income Fund. That fund aims to achieve a higher than average initial yield, combined with the prospect of rising income and some capital growth over the long-term. The emphasis of the fund will be investment in UK fixed-interest investments and preference shares, however, the Manager has the flexibility to invest in all economic sectors worldwide and in equities.
Benchmark IA Sterling Strategic Bond sector average
ABI Sector Sterling Strategic Bond

Ratings

Morningstar Analyst Rating™ Morningstar Analyst Rating of Silver
FE Crown Crown Rating of 1

Important Information

Our charges may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, 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: Financial Express (FE). 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, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our 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 net income reinvested. The value of your investment can go down as well as up and you may not get back the amount you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

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