Prudential Artemis Strategic Bond S5

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

Performance

Discrete performance - to last month end

28/02/12
to
28/02/13
28/02/13
to
28/02/14
28/02/14
to
28/02/15
28/02/15
to
28/02/16
28/02/16
to
28/02/17
Fund 7.7% 5.9% 3.6% -4.2% 10.6%
Sector 9.5% 5.0% 4.4% -3.2% 7.9%
Rank 101/134 57/140 91/142 113/148 18/148
Quartile 4 2 3 4 1

Annualised performance

Annualised
3 Years to
28/02/17
5 Years to
28/02/17
10 Years to
28/02/17
Fund 3.2% 4.6% n/a
Sector 2.9% 4.6% 3.6%
Rank 65/142 75/134 n/a
Quartile 2 3 n/a

Top 10 Holdings

Stock % Weight
1¼% Treasury Gilt 2018 5.03
ALLIANCE DATA SYSTEMS CORP CALLABLE NOTES FIXED 5.25% 15/NOV/2023 EUR 1000 1.44
SSE PLC 5.625% 29/09/49 1.25
ING BANK NV VARIABLE RATE NOTE 1.25
RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.24
PGH CAPITAL PLC BOND FIXED 5.75% 07/JUL/2021 GBP 1000 1.20
WILLOW NO.2 FOR ZURICH I 4.25% 10/01/2045 1.14
NGG FINANCE PLC 5.625% VAR 2073 1.13
HEATHROW FINANCE PLC CALLABLE MEDIUM TERM NOTE FIXED 5.375% 02/SEP/2019 GBP 1000 1.10
ABERDEEN ASSET MANAGEMENT PLC CALLABLE NOTES FIXED 7% USD 1000 1.08
Total 15.86

Fund Aims

The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund. That fund aims to achieve a combination of income and capital growth by investing predominantly in fixed income markets but may selectively invest in other markets. Equal emphasis is given to the security of capital and income although from time to time one may take prominence over the other in accordance with the strategy being pursued.

Fund Manager

James Foster manager of the underlying fund for 11 years and 8 months

Photo of James Foster James has managed the Artemis Strategic Bond Fund with Alex Ralph since launch in June 2005. He has also run the Artemis Monthly Distribution Fund with Jacob de Tusch-Lec since its launch in May 2012. James has 20 years' experience of managing bond funds and was one of the first to establish a retail bond fund in the UK. He joined Artemis in April 2005 from F&C Asset Management where he was the head of credit, ultimately responsible for about £15 billion of assets.

Alex Ralph manager of the underlying fund for 11 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 n/a
Offer (27/03/2017) 156.80
Fund size (28/02/2017) £3.18m
Underlying Fund size £1012.12m
Number of holdings 117
Launch date 20/10/2008

Fund Charges

Base Annual Management Charge (AMC) 1.90%
Additional Charges 0.09%
Total Charges 1.99%

Asset Allocation

pie chart
  International Bonds 42.02%
  UK Corporate Bonds 40.57%
  Cash and Equivalents 10.34%
  UK Gilts 5.03%
  International Equities 0.02%
  Other Assets 2.02%
Portfolio data accurate as at: 28/02/17

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 42.02%
  UK Corporate Bonds 40.57%
  Cash and Equivalents 10.34%
  UK Gilts 5.03%
  International Equities 0.02%
  Other Assets 2.02%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 3.22% - - -
 
Chemicals - 1.62% - -
 
Chemicals - - 1.62% -
 
Specialty Chemicals - - - 1.62%
 
Basic Resources - 1.60% - -
 
Mining - - 0.92% -
 
General Mining - - - 0.92%
 
Industrial Metals & Mining - - 0.68% -
 
Nonferrous Metals - - - 0.68%
 
Consumer Goods 0.65% - - -
 
Automobiles & Parts - 0.65% - -
 
Automobiles & Parts - - 0.65% -
 
Auto Parts - - - 0.65%
 
Consumer Services 12.36% - - -
 
Travel & Leisure - 5.90% - -
 
Travel & Leisure - - 5.90% -
 
Gambling - - - 2.96%
 
Hotels - - - 1.96%
 
Travel & Tourism - - - 0.72%
 
Recreational Services - - - 0.26%
 
Retail - 3.43% - -
 
General Retailers - - 2.36% -
 
Specialized Consumer Services - - - 1.89%
 
Apparel Retailers - - - 0.47%
 
Food & Drug Retailers - - 1.07% -
 
Food Retailers & Wholesalers - - - 1.07%
 
Media - 3.03% - -
 
Media - - 3.03% -
 
Broadcasting & Entertainment - - - 3.03%
 
Financials 31.81% - - -
 
Banks - 11.70% - -
 
Banks - - 11.70% -
 
Banks - - - 11.70%
 
Insurance - 10.98% - -
 
Nonlife Insurance - - 6.24% -
 
Full Line Insurance - - - 3.65%
 
Insurance Brokers - - - 0.89%
 
Reinsurance - - - 0.88%
 
Property & Casualty Insurance - - - 0.82%
 
Life Insurance - - 4.74% -
 
Life Insurance - - - 4.74%
 
Financial Services - 9.13% - -
 
Financial Services - - 9.13% -
 
Specialty Finance - - - 4.08%
 
Asset Managers - - - 4.03%
 
Investment Services - - - 0.71%
 
Mortgage Finance - - - 0.31%
 
Health Care 0.90% - - -
 
Health Care - 0.90% - -
 
Health Care Equipment & Services - - 0.68% -
 
Health Care Providers - - - 0.68%
 
Pharmaceuticals & Biotechnology - - 0.22% -
 
Pharmaceuticals - - - 0.22%
 
Industrials 6.76% - - -
 
Industrial Goods & Services - 5.90% - -
 
General Industrials - - 2.96% -
 
Diversified Industrials - - - 2.28%
 
Containers & Packaging - - - 0.68%
 
Industrial Transportation - - 1.50% -
 
Transportation Services - - - 1.32%
 
Marine Transportation - - - 0.18%
 
Support Services - - 1.44% -
 
Financial Administration - - - 1.44%
 
Construction & Materials - 0.86% - -
 
Construction & Materials - - 0.86% -
 
Heavy Construction - - - 0.86%
 
Oil & Gas 3.36% - - -
 
Oil & Gas - 3.36% - -
 
Oil & Gas Producers - - 3.36% -
 
Oil & Gas Exploration & Production - - - 1.85%
 
Integrated Oil & Gas - - - 1.51%
 
Technology 1.70% - - -
 
Technology - 1.70% - -
 
Technology Hardware & Equipment - - 1.19% -
 
Electronic Office Equipment - - - 0.70%
 
Computer Hardware - - - 0.49%
 
Software & Computer Services - - 0.51% -
 
Software - - - 0.51%
 
Telecommunications 7.93% - - -
 
Telecommunications - 7.93% - -
 
Fixed Line Telecommunications - - 6.92% -
 
Fixed Line Telecommunications - - - 6.92%
 
Mobile Telecommunications - - 1.01% -
 
Mobile Telecommunications - - - 1.01%
 
Utilities 9.73% - - -
 
Utilities - 9.73% - -
 
Electricity - - 5.39% -
 
Conventional Electricity - - - 5.39%
 
Gas, Water & Multiutilities - - 4.34% -
 
Multiutilities - - - 2.37%
 
Water - - - 1.03%
 
Gas Distribution - - - 0.94%
 
Equities 0.02% - - -
 
Government 5.03% - - -
 
Government - 5.03% - -
 
Government - - 5.03% -
 
Government - - - 5.03%
 
Corporate Bonds 1.47% - - -
 
Corporate Bonds - 1.47% - -
 
Corporate Bonds - - 1.47% -
 
Corporate Bonds - - - 1.47%
 
Non-Classified 4.72% - - -
 
Cash and Equivalents 10.34% - - -

Regional Allocation

pie chart
  UK 46.21%
  Developed Europe - Excl UK 31.33%
  Cash and Equivalents 10.34%
  North America 6.02%
  South & Central America 1.50%
  Australia & New Zealand 1.44%
  Other Regions 3.16%

Fixed Interest Currencies

pie chart
  Pound Sterling 49.50%
  Euro 20.99%
  US Dollar 17.13%
  Cash 10.34%
  Non-Fixed Interest Assets 2.04%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 46.21% -
 
United Kingdom - 46.21%
 
Developed Europe - Excl UK 31.33% -
 
Netherlands - 6.56%
 
Luxembourg - 6.23%
 
France - 4.93%
 
Ireland - 4.76%
 
Germany - 4.22%
 
Italy - 2.08%
 
Sweden - 0.97%
 
Switzerland - 0.88%
 
Belgium - 0.68%
 
Norway - 0.02%
 
Cash and Equivalents 10.34% -
 
North America 6.02% -
 
United States - 5.80%
 
Canada - 0.22%
 
South & Central America 1.50% -
 
Mexico - 1.01%
 
Cayman Islands - 0.49%
 
Australia & New Zealand 1.44% -
 
Australia - 1.44%
 
Non-Classified 1.41% -
 
Middle East & Africa 0.95% -
 
United Arab Emirates - 0.95%
 
Emerging Europe 0.80% -
 
Bulgaria - 0.80%

Breakdown By Market Cap (%)

Micro
 
 
0.02%
Non-Classified
 
 
2.02%
Bonds
 
 
87.62%
Cash
 
 
10.34%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
55.77%
5Yr - 10Yr Maturity
 
 
25.41%
Cash And Equivalents
 
 
10.34%
10Yr - 15Yr Maturity
 
 
4.18%
> 15Yr Maturity
 
 
2.26%
Unknown Maturity
 
 
1.41%
Other Asset Types
 
 
0.63%

Fixed Interest Quality Profile

BBB
 
 
29.05%
AA
 
 
5.98%
A
 
 
3.51%
Sub-Investment Grade
 
 
35.69%
Unknown Quality
 
 
13.39%
Cash and Equivalents
 
 
10.34%
Other Asset Types
 
 
2.04%

Top 10 Holdings

Stock % Weight Sector Country
1 1¼% Treasury Gilt 2018 5.03% Bonds United Kingdom
2 ALLIANCE DATA SYSTEMS CORP CALLABLE NOTES FIXED 5.25% 15/NOV/2023 EUR 1000 1.44% Support Services United States
3 SSE PLC 5.625% 29/09/49 1.25% Electricity United Kingdom
4 ING BANK NV VARIABLE RATE NOTE 1.25% Banks Netherlands
5 RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.24% Gas, Water & Multiutilities Germany
6 PGH CAPITAL PLC BOND FIXED 5.75% 07/JUL/2021 GBP 1000 1.20% Life Insurance Ireland
7 WILLOW NO.2 FOR ZURICH I 4.25% 10/01/2045 1.14% Nonlife Insurance Ireland
8 NGG FINANCE PLC 5.625% VAR 2073 1.13% Gas, Water & Multiutilities United Kingdom
9 HEATHROW FINANCE PLC CALLABLE MEDIUM TERM NOTE FIXED 5.375% 02/SEP/2019 GBP 1000 1.10% Industrial Transportation United Kingdom
10 ABERDEEN ASSET MANAGEMENT PLC CALLABLE NOTES FIXED 7% USD 1000 1.08% Financial Services 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 B3BW0F0
Mex Code PUASTB
Isin Code GB00B3BW0F03
Citi Code D9V1

Fund Charges

Base Annual Management Charge (AMC) 1.90%
Additional Charges 0.09%
Total Charges 1.99%

Aims and Benchmark

Aims The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund. That fund aims to achieve a combination of income and capital growth by investing predominantly in fixed income markets but may selectively invest in other markets. Equal emphasis is given to the security of capital and income although from time to time one may take prominence over the other in accordance with the strategy being pursued.
Benchmark N/A
ABI Sector Sterling Strategic Bond

Ratings

Morningstar Analyst Rating™ Morningstar Analyst Rating of Silver
FE Crown Crown Rating of 2

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.