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

30/09/13
to
30/09/14
30/09/14
to
30/09/15
30/09/15
to
30/09/16
30/09/16
to
30/09/17
30/09/17
to
30/09/18
Fund 6.4% 0.3% 5.5% 5.6% -0.8%
Sector 5.3% 0.6% 5.4% 3.1% -0.9%
Rank 37/134 82/141 77/141 26/144 74/146
Quartile 2 3 3 1 3

Annualised performance

Annualised
3 Years to
30/09/18
5 Years to
30/09/18
10 Years to
30/09/18
Fund 3.4% 3.4% n/a
Sector 2.5% 2.7% 4.8%
Rank 41/141 45/134 n/a
Quartile 2 2 n/a

Top 10 Holdings

Stock % Weight
¾% Treasury Gilt 2023 3.74
1¾% Treasury Gilt 2022 2.35
PHOENIX GROUP HOLDINGS NOTES FIXED 6.625% 18/DEC/2025 GBP 1000 1.37
RBS CAPITAL TRUST II CALLABLE BOND VARIABLE USD 1000 1.33
Sanofi 1.08
RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.07
NGG FINANCE PLC 5.625% VAR 2073 1.04
Royal Dutch Shell A 1.04
AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.04
BURFORD CAPITAL LTD USD 6.125% 2025 (NEW) 1.04
Total 15.10

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 8 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 (19/10/2018) 168.00
Offer n/a
Fund size (31/08/2018) £6.65m
Underlying Fund size £1312.96m
Number of holdings 148
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 46.92%
  UK Corporate Bonds 28.60%
  UK Equities 7.94%
  International Equities 7.55%
  UK Gilts 6.09%
  Investment Trusts 0.98%
  Other Assets 1.92%
Portfolio data accurate as at: 30/09/18

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 46.92%
  UK Corporate Bonds 28.60%
  UK Equities 7.94%
  International Equities 7.55%
  UK Gilts 6.09%
  Investment Trusts 0.98%
  Other Assets 1.92%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 2.90% - - -
 
Basic Resources - 2.16% - -
 
Mining - - 0.80% -
 
General Mining - - - 0.80%
 
Industrial Metals & Mining - - 0.76% -
 
Nonferrous Metals - - - 0.76%
 
Forestry & Paper - - 0.60% -
 
Paper - - - 0.60%
 
Chemicals - 0.74% - -
 
Chemicals - - 0.74% -
 
Specialty Chemicals - - - 0.74%
 
Consumer Services 8.03% - - -
 
Travel & Leisure - 3.77% - -
 
Travel & Leisure - - 3.77% -
 
Restaurants & Bars - - - 1.22%
 
Travel & Tourism - - - 0.84%
 
Recreational Services - - - 0.71%
 
Airlines - - - 0.60%
 
Gambling - - - 0.40%
 
Media - 2.22% - -
 
Media - - 2.22% -
 
Broadcasting & Entertainment - - - 2.22%
 
Retail - 2.04% - -
 
Food & Drug Retailers - - 1.59% -
 
Food Retailers & Wholesalers - - - 1.59%
 
General Retailers - - 0.45% -
 
Apparel Retailers - - - 0.45%
 
Financials 26.38% - - -
 
Banks - 12.89% - -
 
Banks - - 12.89% -
 
Banks - - - 12.89%
 
Insurance - 8.47% - -
 
Life Insurance - - 5.25% -
 
Life Insurance - - - 5.25%
 
Nonlife Insurance - - 3.22% -
 
Reinsurance - - - 1.57%
 
Property & Casualty Insurance - - - 0.99%
 
Full Line Insurance - - - 0.66%
 
Financial Services - 5.02% - -
 
Financial Services - - 4.04% -
 
Specialty Finance - - - 2.80%
 
Mortgage Finance - - - 0.83%
 
Asset Managers - - - 0.41%
 
Equity Investment Instruments - - 0.98% -
 
Equity Investment Instruments - - - 0.98%
 
Health Care 0.96% - - -
 
Health Care - 0.96% - -
 
Health Care Equipment & Services - - 0.96% -
 
Health Care Providers - - - 0.96%
 
Industrials 1.49% - - -
 
Industrial Goods & Services - 1.49% - -
 
General Industrials - - 1.40% -
 
Diversified Industrials - - - 0.74%
 
Containers & Packaging - - - 0.66%
 
Industrial Engineering - - 0.09% -
 
Industrial Machinery - - - 0.09%
 
Oil & Gas 2.83% - - -
 
Oil & Gas - 2.83% - -
 
Oil & Gas Producers - - 2.35% -
 
Oil & Gas Exploration & Production - - - 2.35%
 
Oil Equipment, Services & Distribution - - 0.48% -
 
Oil Equipment & Services - - - 0.48%
 
Technology 1.00% - - -
 
Technology - 1.00% - -
 
Software & Computer Services - - 0.58% -
 
Software - - - 0.58%
 
Technology Hardware & Equipment - - 0.42% -
 
Computer Hardware - - - 0.42%
 
Telecommunications 3.40% - - -
 
Telecommunications - 3.40% - -
 
Fixed Line Telecommunications - - 2.36% -
 
Fixed Line Telecommunications - - - 2.36%
 
Mobile Telecommunications - - 1.04% -
 
Mobile Telecommunications - - - 1.04%
 
Utilities 6.78% - - -
 
Utilities - 6.78% - -
 
Gas, Water & Multiutilities - - 4.03% -
 
Multiutilities - - - 2.11%
 
Water - - - 1.11%
 
Gas Distribution - - - 0.81%
 
Electricity - - 2.75% -
 
Conventional Electricity - - - 1.77%
 
Alternative Electricity - - - 0.98%
 
Equities 15.49% - - -
 
Government 6.09% - - -
 
Government - 6.09% - -
 
Government - - 6.09% -
 
Government - - - 6.09%
 
Corporate Bonds 1.30% - - -
 
Corporate Bonds - 1.30% - -
 
Corporate Bonds - - 1.30% -
 
Corporate Bonds - - - 1.30%
 
Non-Classified 23.12% - - -
 
Cash and Equivalents 0.23% - - -

Regional Allocation

pie chart
  UK 42.63%
  Developed Europe - Excl UK 37.41%
  North America 11.98%
  Non-Classified 4.13%
  Australia & New Zealand 2.16%
  South & Central America 1.46%
  Cash and Equivalents 0.23%

Fixed Interest Currencies

pie chart
  Pound Sterling 36.83%
  US Dollar 28.82%
  Non-Fixed Interest Assets 18.16%
  Euro 15.96%
  Cash 0.23%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 42.63% -
 
United Kingdom - 42.63%
 
Developed Europe - Excl UK 37.41% -
 
France - 8.28%
 
Luxembourg - 5.10%
 
Germany - 4.85%
 
Netherlands - 4.00%
 
Spain - 3.06%
 
Ireland - 3.03%
 
Italy - 1.80%
 
Switzerland - 1.68%
 
Norway - 1.46%
 
Belgium - 1.39%
 
Denmark - 1.15%
 
Portugal - 1.08%
 
Sweden - 0.53%
 
North America 11.98% -
 
United States - 9.68%
 
Canada - 1.31%
 
Bermuda - 0.99%
 
Non-Classified 4.13% -
 
Australia & New Zealand 2.16% -
 
Australia - 2.16%
 
South & Central America 1.46% -
 
Mexico - 1.04%
 
Cayman Islands - 0.42%
 
Cash and Equivalents 0.23% -

Breakdown By Market Cap (%)

Mega
 
 
6.51%
Large
 
 
3.55%
Medium
 
 
3.64%
Non-Classified
 
 
4.46%
Bonds
 
 
81.61%
Cash
 
 
0.23%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
52.69%
5Yr - 10Yr Maturity
 
 
23.45%
> 15Yr Maturity
 
 
5.13%
Unknown Maturity
 
 
1.69%
10Yr - 15Yr Maturity
 
 
0.34%
Cash And Equivalents
 
 
0.23%
Other Asset Types
 
 
16.47%

Fixed Interest Quality Profile

BBB
 
 
13.37%
AA
 
 
6.55%
Sub-Investment Grade
 
 
31.56%
Unknown Quality
 
 
30.13%
Cash and Equivalents
 
 
0.23%
Other Asset Types
 
 
18.16%

Top 10 Holdings

Stock % Weight Sector Country
1 ¾% Treasury Gilt 2023 3.74% Bonds United Kingdom
2 1¾% Treasury Gilt 2022 2.35% Bonds United Kingdom
3 PHOENIX GROUP HOLDINGS NOTES FIXED 6.625% 18/DEC/2025 GBP 1000 1.37% Life Insurance Ireland
4 RBS CAPITAL TRUST II CALLABLE BOND VARIABLE USD 1000 1.33% Banks United States
5 Sanofi 1.08% Pharmaceuticals & Biotechnology France
6 RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.07% Gas, Water & Multiutilities Germany
7 NGG FINANCE PLC 5.625% VAR 2073 1.04% Gas, Water & Multiutilities United Kingdom
8 Royal Dutch Shell A 1.04% Oil & Gas Producers United Kingdom
9 AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.04% Mobile Telecommunications Mexico
10 BURFORD CAPITAL LTD USD 6.125% 2025 (NEW) 1.04% Bonds 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 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.

"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.