Prudential Artemis SmartGARP European Equity S4

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

Performance

Discrete performance - to last month end

30/11/19
to
30/11/20
30/11/20
to
30/11/21
30/11/21
to
30/11/22
30/11/22
to
30/11/23
30/11/23
to
30/11/24
Fund -7.8% 15.5% 2.2% 13.0% 11.8%
Sector 6.5% 12.5% -6.2% 7.8% 5.1%
Rank 171/174 30/174 16/174 8/174 12/175
Quartile 4 1 1 1 1

Annualised performance

Annualised
3 Years to
30/11/24
5 Years to
30/11/24
10 Years to
30/11/24
Fund 8.9% 6.6% 6.5%
Sector 2.1% 5.0% 6.2%
Rank 5/174 36/174 86/168
Quartile 1 1 3

Top 10 Holdings

Stock % Weight
UNICREDIT SOCIETA' PER AZIONI 6.20
NOVARTIS AG 3.68
BPER BANCA S.P.A. 3.04
HEIDELBERG MATERIALS AG 2.79
TALANX AKTIENGESELLSCHAFT 2.61
BETSSON AB 2.43
MAIRE S.P.A. 2.18
PROSUS N.V. 2.16
BUZZI SPA 2.16
AGEAS SA/NV 2.09
Total 29.34

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Artemis SmartGARP European Equity Fund - the underlying fund.

Underlying Fund Objective: The 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.The fund can invest 80%-100% in company shares and up to 20% may be held in bonds, cash, near cash and other transferable securities. The fund may use derivatives in order to reduce risk and efficient portfolio management.

Fund Manager

Philip Wolstencroft manager of the underlying fund for 23 years and 9 months

Photo of Philip Wolstencroft Philip is a partner, a member of the management committee and the creator of an investment process (SmartGARP™) which Artemis uses to help choose stocks for five of its funds. He has managed the Artemis European Growth Fund since its launch in March 2001 and the Artemis Capital Fund since July 2010. He joined Artemis in February 2001 from Merrill Lynch, where he was head of pan-European equity strategy. He holds a BA and an MA in economics.

Fund Overview

Bid (13/12/2024) 213.40
Offer (13/12/2024) 224.60
Fund size (31/10/2024) £1.92m
Underlying Fund size £231.35m
Number of holdings 94
Launch date 19/06/2006

Fund Charges

Annual Management Charge (AMC) 1.85%
Further Costs 0.15%
Yearly Total 2.00%

Asset Allocation

pie chart
  International Equities 97.61%
  UK Equities 2.39%
Portfolio data accurate as at: 31/07/24

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

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 pru.co.uk. You should refer to your client’s 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 Broadridge, 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 Equities 97.61%
  UK Equities 2.39%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 36.10% - - -
 
Banks - 20.13% - -
 
Banks - - 20.13% -
 
Banks - - - 20.13%
 
Insurance - 13.50% - -
 
Non-life Insurance - - 8.54% -
 
Reinsurance - - - 3.77%
 
Full Line Insurance - - - 2.56%
 
Property & Casualty Insurance - - - 2.21%
 
Life Insurance - - 4.96% -
 
Life Insurance - - - 4.96%
 
Financial Services - 2.47% - -
 
Investment Banking & Brokerage Services - - 2.47% -
 
Asset Managers & Custodians - - - 2.47%
 
Industrials 15.36% - - -
 
Construction & Materials - 7.95% - -
 
Construction & Materials - - 7.95% -
 
Cement - - - 5.26%
 
Engineering & Contracting Services - - - 2.18%
 
Construction - - - 0.51%
 
Industrial Goods & Services - 7.41% - -
 
Industrial Transportation - - 5.51% -
 
Commercial Vehicles & Parts - - - 3.86%
 
Marine Transportation - - - 0.71%
 
Transportation Services - - - 0.51%
 
Delivery Services - - - 0.44%
 
Industrial Support Services - - 1.74% -
 
Industrial Suppliers - - - 1.74%
 
General Industrials - - 0.16% -
 
Diversified Industrials - - - 0.16%
 
Consumer Discretionary 13.30% - - -
 
Travel & Leisure - 4.07% - -
 
Travel & Leisure - - 4.07% -
 
Casinos & Gambling - - - 4.07%
 
Retail - 2.90% - -
 
Retailers - - 2.90% -
 
Specialty Retailers - - - 1.75%
 
Diversified Retailers - - - 1.14%
 
Media - 2.71% - -
 
Media - - 2.71% -
 
Radio & TV Broadcasters - - - 2.71%
 
Consumer Products & Services - 1.84% - -
 
Household Goods & Home Construction - - 1.44% -
 
Household Equipment & Products - - - 1.44%
 
Leisure Goods - - 0.40% -
 
Recreational Products - - - 0.40%
 
Automobiles & Parts - 1.79% - -
 
Automobiles & Parts - - 1.79% -
 
Automobiles - - - 1.10%
 
Auto Parts - - - 0.69%
 
Health Care 11.24% - - -
 
Health Care - 11.24% - -
 
Pharmaceuticals & Biotechnology - - 10.84% -
 
Pharmaceuticals - - - 10.84%
 
Medical Equipment & Services - - 0.40% -
 
Medical Services - - - 0.40%
 
Consumer Staples 6.94% - - -
 
Food, Beverage & Tobacco - 3.50% - -
 
Beverages - - 1.86% -
 
Soft Drinks - - - 1.86%
 
Food Producers - - 1.64% -
 
Farming, Fishing, Ranching & Plantations - - - 1.16%
 
Fruit & Grain Processing - - - 0.48%
 
Personal Care, Drug & Grocery Stores - 3.44% - -
 
Personal Care, Drug & Grocery Stores - - 3.44% -
 
Food Retailers & Wholesalers - - - 2.59%
 
Personal Products - - - 0.85%
 
Energy 3.95% - - -
 
Energy - 3.95% - -
 
Non-Renewable Energy - - 3.95% -
 
Oil Equipment & Services - - - 2.59%
 
Integrated Oil & Gas - - - 1.36%
 
Technology 3.68% - - -
 
Technology - 3.68% - -
 
Software & Computer Services - - 3.68% -
 
Consumer Digital Services - - - 2.16%
 
Computer Services - - - 1.52%
 
Utilities 3.53% - - -
 
Utilities - 3.53% - -
 
Gas, Water & Multi-utilities - - 2.34% -
 
Multi-Utilities - - - 1.89%
 
Gas Distribution - - - 0.45%
 
Electricity - - 1.19% -
 
Conventional Electricity - - - 1.19%
 
Basic Materials 2.62% - - -
 
Chemicals - 1.46% - -
 
Chemicals - - 1.46% -
 
Specialty Chemicals - - - 1.16%
 
Chemicals: Diversified - - - 0.30%
 
Basic Resources - 1.16% - -
 
Industrial Metals & Mining - - 0.89% -
 
Nonferrous Metals - - - 0.89%
 
Industrial Materials - - 0.27% -
 
Paper - - - 0.27%
 
Telecommunications 2.57% - - -
 
Telecommunications - 2.57% - -
 
Telecommunications Service Providers - - 2.57% -
 
Telecommunications Services - - - 2.57%
 
Real Estate 0.70% - - -
 
Real Estate - 0.70% - -
 
Real Estate Investment Trusts - - 0.70% -
 
Office REITs - - - 0.70%
 
Non-Classified 0.00% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 82.05%
  Emerging Europe 14.95%
  UK 2.39%
  Non-Classified 0.61%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 98.66%
  Swedish Krona 1.21%
  Cash 0.13%

Regional Breakdown

Expand allCollapse all
Region Country
 
Developed Europe - Excl UK 82.05% -
 
Italy - 21.43%
 
Germany - 15.12%
 
Spain - 10.11%
 
France - 8.63%
 
Netherlands - 4.88%
 
Sweden - 4.82%
 
Switzerland - 3.68%
 
Belgium - 2.63%
 
Portugal - 2.61%
 
Norway - 2.55%
 
Austria - 2.19%
 
Denmark - 2.09%
 
Ireland - 0.92%
 
Luxembourg - 0.40%
 
Emerging Europe 14.95% -
 
Greece - 6.20%
 
Turkey - 4.63%
 
Hungary - 3.91%
 
Poland - 0.21%
 
Russian Federation - 0.00%
 
UK 2.39% -
 
United Kingdom - 2.39%
 
Non-Classified 0.61% -

Breakdown By Market Cap (%)

Mega
 
 
22.23%
Large
 
 
23.04%
Medium
 
 
39.79%
Small
 
 
7.49%
Micro
 
 
1.39%
Non-Classified
 
 
6.06%

Top 10 Holdings

Stock % Weight Sector Country
1 UNICREDIT SOCIETA' PER AZIONI 6.20% Banks Italy
2 NOVARTIS AG 3.68% Pharmaceuticals & Biotechnology Switzerland
3 BPER BANCA S.P.A. 3.04% Banks Italy
4 HEIDELBERG MATERIALS AG 2.79% Construction & Materials Germany
5 TALANX AKTIENGESELLSCHAFT 2.61% Non-life Insurance Germany
6 BETSSON AB 2.43% Travel & Leisure Sweden
7 MAIRE S.P.A. 2.18% Construction & Materials Italy
8 PROSUS N.V. 2.16% Software & Computer Services Netherlands
9 BUZZI SPA 2.16% Construction & Materials Italy
10 AGEAS SA/NV 2.09% Life Insurance Belgium

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 3.68% - - - - - - 3.68%
Telecommunications - 2.57% - - - - - - 2.57%
Financials 0.83% 35.27% - - - - - - 36.10%
Real Estate - 0.70% - - - - - - 0.70%
Consumer Discretionary - 13.30% - - - - - - 13.30%
Consumer Staples - 6.94% - - - - - - 6.94%
Energy - 3.95% - - - - - - 3.95%
Utilities - 3.53% - - - - - - 3.53%
Health Care 1.56% 9.68% - - - - - - 11.24%
Industrials - 15.36% - - - - - - 15.36%
Basic Materials - 2.62% - - - - - - 2.62%
Non-Classified - - - - - - - - -

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The Industry Classification Benchmark is a product of FTSE International Limited 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 pru.co.uk. You should refer to your client’s 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 Broadridge, 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 B10SRP4
Mex Code PUAEGT
Isin Code GB00B10SRP44
Citi Code EP86

Fund Charges

Annual Management Charge (AMC) 1.85%
Further Costs 0.15%
Yearly Total 2.00%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Artemis SmartGARP European Equity Fund - the underlying fund. Underlying Fund Objective: The 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.The fund can invest 80%-100% in company shares and up to 20% may be held in bonds, cash, near cash and other transferable securities. The fund may use derivatives in order to reduce risk and efficient portfolio management.
Benchmark FTSE World Europe ex UK TR
ABI Sector Europe excluding UK Equities

Ratings

FE Crown Crown Rating of 5

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs may vary in the future and may be higher than they are now.

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 pru.co.uk. You should refer to your client’s 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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Risk Analysis

Ratio Value
Alpha 7.19
Beta 0.89
Sharpe 0.41
Standard Deviation 13.16
Info Ratio 0.74

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio 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 Liabilities 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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The risk factor definitions are provided by Broadridge. 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. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

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 pru.co.uk. You should refer to your client’s 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 Broadridge, 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. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.