Prudential Artemis High Income S5

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

Performance

Discrete performance - to last month end

31/05/12
to
31/05/13
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
Fund 18.8% 7.8% 3.5% -1.7% 8.6%
Sector 11.6% 4.6% 2.9% 0.0% 5.9%
Rank 10/134 10/138 59/140 127/145 16/148
Quartile 1 1 2 4 1

Annualised performance

Annualised
3 Years to
31/05/17
5 Years to
31/05/17
10 Years to
31/05/17
Fund 3.3% 7.2% n/a
Sector 2.9% 4.9% 3.8%
Rank 56/140 10/134 n/a
Quartile 2 1 n/a

Top 10 Holdings

Stock % Weight
1% Treasury Gilt 2017 3.80
Legal & General Group 1.71
Nordea Bank AB 1.70
PHOENIX GROUP HOLDINGS BOND FIXED 6.625% 18/DEC/2025 GBP 1000 1.57
Imperial Brands 1.50
RBS CAPITAL TRUST II CALLABLE BOND VARIABLE USD 1000 1.45
AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.22
RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.21
ABERDEEN ASSET MANAGEMENT PLC CALLABLE NOTES FIXED 7% USD 1000 1.15
NGG FINANCE PLC 5.625% VAR 2073 1.12
Total 16.43

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 3 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 (26/06/2017) 171.20
Offer n/a
Fund size (30/04/2017) £6.17m
Underlying Fund size £1191.37m
Number of holdings 136
Launch date 20/10/2008

Fund Charges

Base Annual Management Charge (AMC) 2.05%
Additional Charges 0.08%
Total Charges 2.13%

Asset Allocation

pie chart
  International Bonds 43.46%
  UK Corporate Bonds 31.67%
  UK Equities 12.16%
  UK Gilts 3.80%
  Cash and Equivalents 2.85%
  Investment Trusts 2.43%
  Other Assets 3.63%
Portfolio data accurate as at: 31/05/17

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 43.46%
  UK Corporate Bonds 31.67%
  UK Equities 12.16%
  UK Gilts 3.80%
  Cash and Equivalents 2.85%
  Investment Trusts 2.43%
  Other Assets 3.63%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 3.67% - - -
 
Basic Resources - 2.36% - -
 
Mining - - 0.89% -
 
General Mining - - - 0.89%
 
Industrial Metals & Mining - - 0.83% -
 
Nonferrous Metals - - - 0.83%
 
Forestry & Paper - - 0.64% -
 
Paper - - - 0.64%
 
Chemicals - 1.31% - -
 
Chemicals - - 1.31% -
 
Specialty Chemicals - - - 0.81%
 
Commodity Chemicals - - - 0.50%
 
Consumer Services 7.04% - - -
 
Travel & Leisure - 3.63% - -
 
Travel & Leisure - - 3.63% -
 
Gambling - - - 1.58%
 
Restaurants & Bars - - - 1.51%
 
Recreational Services - - - 0.54%
 
Retail - 1.80% - -
 
Food & Drug Retailers - - 0.91% -
 
Food Retailers & Wholesalers - - - 0.91%
 
General Retailers - - 0.89% -
 
Apparel Retailers - - - 0.89%
 
Media - 1.61% - -
 
Media - - 1.61% -
 
Broadcasting & Entertainment - - - 1.61%
 
Financials 34.46% - - -
 
Banks - 14.65% - -
 
Banks - - 14.65% -
 
Banks - - - 14.65%
 
Insurance - 10.28% - -
 
Nonlife Insurance - - 5.35% -
 
Property & Casualty Insurance - - - 1.88%
 
Reinsurance - - - 1.60%
 
Full Line Insurance - - - 1.14%
 
Insurance Brokers - - - 0.73%
 
Life Insurance - - 4.93% -
 
Life Insurance - - - 4.93%
 
Financial Services - 9.53% - -
 
Financial Services - - 7.10% -
 
Specialty Finance - - - 3.75%
 
Asset Managers - - - 1.92%
 
Investment Services - - - 0.92%
 
Mortgage Finance - - - 0.50%
 
Consumer Finance - - - 0.01%
 
Equity Investment Instruments - - 2.43% -
 
Equity Investment Instruments - - - 2.43%
 
Health Care 1.31% - - -
 
Health Care - 1.31% - -
 
Health Care Equipment & Services - - 1.05% -
 
Health Care Providers - - - 1.05%
 
Pharmaceuticals & Biotechnology - - 0.26% -
 
Pharmaceuticals - - - 0.26%
 
Industrials 3.00% - - -
 
Industrial Goods & Services - 3.00% - -
 
General Industrials - - 1.99% -
 
Diversified Industrials - - - 1.99%
 
Support Services - - 0.80% -
 
Waste & Disposal Services - - - 0.80%
 
Industrial Engineering - - 0.21% -
 
Industrial Machinery - - - 0.21%
 
Oil & Gas 1.93% - - -
 
Oil & Gas - 1.93% - -
 
Oil & Gas Producers - - 1.93% -
 
Oil & Gas Exploration & Production - - - 1.93%
 
Technology 1.85% - - -
 
Technology - 1.85% - -
 
Technology Hardware & Equipment - - 1.22% -
 
Electronic Office Equipment - - - 0.73%
 
Computer Hardware - - - 0.49%
 
Software & Computer Services - - 0.63% -
 
Software - - - 0.63%
 
Telecommunications 7.77% - - -
 
Telecommunications - 7.77% - -
 
Fixed Line Telecommunications - - 5.54% -
 
Fixed Line Telecommunications - - - 5.54%
 
Mobile Telecommunications - - 2.23% -
 
Mobile Telecommunications - - - 2.23%
 
Utilities 8.28% - - -
 
Utilities - 8.28% - -
 
Gas, Water & Multiutilities - - 5.71% -
 
Water - - - 2.44%
 
Multiutilities - - - 2.33%
 
Gas Distribution - - - 0.94%
 
Electricity - - 2.57% -
 
Conventional Electricity - - - 1.85%
 
Alternative Electricity - - - 0.72%
 
Equities 13.86% - - -
 
Government 4.07% - - -
 
Government - 4.07% - -
 
Government - - 4.07% -
 
Government - - - 4.07%
 
Corporate Bonds 0.98% - - -
 
Corporate Bonds - 0.98% - -
 
Corporate Bonds - - 0.98% -
 
Corporate Bonds - - - 0.98%
 
Asset Backed securities 0.22% - - -
 
Asset backed securities - 0.22% - -
 
Asset backed securities - - 0.22% -
 
Asset backed securities - - - 0.22%
 
Non-Classified 8.71% - - -
 
Cash and Equivalents 2.85% - - -

Regional Allocation

pie chart
  UK 48.00%
  Developed Europe - Excl UK 32.57%
  North America 7.88%
  Non-Classified 4.48%
  Cash and Equivalents 2.85%
  South & Central America 1.71%
  Other Regions 2.51%

Fixed Interest Currencies

pie chart
  Pound Sterling 42.79%
  US Dollar 19.19%
  Non-Fixed Interest Assets 18.22%
  Euro 16.95%
  Cash 2.85%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 48.00% -
 
United Kingdom - 48.00%
 
Developed Europe - Excl UK 32.57% -
 
Luxembourg - 6.85%
 
France - 6.59%
 
Netherlands - 5.46%
 
Ireland - 3.30%
 
Belgium - 2.21%
 
Germany - 1.76%
 
Sweden - 1.70%
 
Italy - 1.68%
 
Switzerland - 1.16%
 
Portugal - 1.04%
 
Denmark - 0.62%
 
Spain - 0.20%
 
North America 7.88% -
 
United States - 5.86%
 
Bermuda - 1.06%
 
Canada - 0.96%
 
Non-Classified 4.48% -
 
Cash and Equivalents 2.85% -
 
South & Central America 1.71% -
 
Mexico - 1.22%
 
Cayman Islands - 0.49%
 
Australia & New Zealand 1.42% -
 
Australia - 1.42%
 
Emerging Europe 0.82% -
 
Bulgaria - 0.82%
 
Middle East & Africa 0.27% -
 
Israel - 0.27%

Breakdown By Market Cap (%)

Mega
 
 
6.12%
Large
 
 
3.44%
Medium
 
 
2.58%
Small
 
 
0.97%
Micro
 
 
1.12%
Non-Classified
 
 
3.99%
Bonds
 
 
78.93%
Cash
 
 
2.85%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
49.53%
5Yr - 10Yr Maturity
 
 
24.35%
> 15Yr Maturity
 
 
4.20%
Cash And Equivalents
 
 
2.85%
Unknown Maturity
 
 
1.55%
10Yr - 15Yr Maturity
 
 
0.85%
Other Asset Types
 
 
16.67%

Fixed Interest Quality Profile

BBB
 
 
13.86%
AA
 
 
4.35%
A
 
 
1.80%
Sub-Investment Grade
 
 
38.75%
Unknown Quality
 
 
20.17%
Cash and Equivalents
 
 
2.85%
Other Asset Types
 
 
18.22%

Top 10 Holdings

Stock % Weight Sector Country
1 1% Treasury Gilt 2017 3.80% Bonds United Kingdom
2 Legal & General Group 1.71% Life Insurance United Kingdom
3 Nordea Bank AB 1.70% Banks Sweden
4 PHOENIX GROUP HOLDINGS BOND FIXED 6.625% 18/DEC/2025 GBP 1000 1.57% Life Insurance Ireland
5 Imperial Brands 1.50% Tobacco United Kingdom
6 RBS CAPITAL TRUST II CALLABLE BOND VARIABLE USD 1000 1.45% Banks United States
7 AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.22% Mobile Telecommunications Mexico
8 RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.21% Gas, Water & Multiutilities Germany
9 ABERDEEN ASSET MANAGEMENT PLC CALLABLE NOTES FIXED 7% USD 1000 1.15% Financial Services United Kingdom
10 NGG FINANCE PLC 5.625% VAR 2073 1.12% Gas, Water & Multiutilities 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 B3BW050
Mex Code PUAHIN
Isin Code GB00B3BW0501
Citi Code D9U5

Fund Charges

Base Annual Management Charge (AMC) 2.05%
Additional Charges 0.08%
Total Charges 2.13%

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 N/A
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.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. This name is also used by other companies within the Prudential Group. Registered office at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.