Prudential Artemis SmartGARP European Equity S2

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

Performance

Discrete performance - to last month end

31/03/19
to
31/03/20
31/03/20
to
31/03/21
31/03/21
to
31/03/22
31/03/22
to
31/03/23
31/03/23
to
31/03/24
Fund -21.0% 46.2% 2.5% 9.2% 18.4%
Sector -9.4% 33.2% 3.8% 4.5% 10.7%
Rank 164/178 21/178 139/178 19/178 8/178
Quartile 4 1 4 1 1

Annualised performance

Annualised
3 Years to
31/03/24
5 Years to
31/03/24
10 Years to
31/03/24
Fund 9.9% 8.9% 6.4%
Sector 6.2% 7.7% 6.5%
Rank 11/178 61/178 136/170
Quartile 1 2 4

Top 10 Holdings

Stock % Weight
UNICREDIT SOCIETA' PER AZIONI 6.52
STELLANTIS N.V. 4.87
HEIDELBERG MATERIALS AG 3.24
TALANX AKTIENGESELLSCHAFT 3.03
MYTILINEOS SA 3.01
COCA-COLA ICECEK A.S. 2.69
RENAULT 2.64
SCOR SE 2.46
GSK 2.31
BIM BIRLESIK MAGAZALAR 2.27
Total 33.04

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.

Fund Manager

Philip Wolstencroft manager of the underlying fund for 23 years and 1 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.

Peter Saacke manager of the underlying fund for 21 years and 4 months

Photo of Peter Saacke Peter has managed the Artemis Global Growth Fund since January 2004 and co-managed the Artemis Global Emerging Markets Fund since its launch in April 2015. He joined Artemis in December 2002 from Merrill Lynch, where he worked as an equity strategist from 1999. Peter holds a BA in mathematics & philosophy from the University of Oxford, an MA in economics from Freiburg University and a PhD in economics from Hamburg University. He is a CFA charterholder, a partner in Artemis, chief investment officer and a member of the executive committee.

Fund Overview

Bid (22/04/2024) 179.20
Offer (22/04/2024) 188.60
Fund size (31/03/2024) £1.81m
Underlying Fund size £171.58m
Number of holdings 92
Launch date 03/08/2007

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.15%
Yearly Total 1.75%

Asset Allocation

pie chart
  International Equities 94.18%
  UK Equities 4.00%
  Cash and Equivalents 1.82%
Portfolio data accurate as at: 29/02/24

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 94.18%
  UK Equities 4.00%
  Cash and Equivalents 1.82%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 35.64% - - -
 
Banks - 18.70% - -
 
Banks - - 18.70% -
 
Banks - - - 18.70%
 
Insurance - 15.63% - -
 
Non-life Insurance - - 13.04% -
 
Reinsurance - - - 5.49%
 
Property & Casualty Insurance - - - 4.48%
 
Full Line Insurance - - - 3.08%
 
Life Insurance - - 2.58% -
 
Life Insurance - - - 2.58%
 
Financial Services - 1.31% - -
 
Investment Banking & Brokerage Services - - 1.31% -
 
Asset Managers & Custodians - - - 1.02%
 
Investment Services - - - 0.29%
 
Consumer Discretionary 16.18% - - -
 
Automobiles & Parts - 8.54% - -
 
Automobiles & Parts - - 8.54% -
 
Automobiles - - - 8.54%
 
Media - 2.98% - -
 
Media - - 2.98% -
 
Radio & TV Broadcasters - - - 2.98%
 
Travel & Leisure - 2.09% - -
 
Travel & Leisure - - 2.09% -
 
Casinos & Gambling - - - 1.44%
 
Airlines - - - 0.65%
 
Retail - 1.83% - -
 
Retailers - - 1.83% -
 
Specialty Retailers - - - 1.26%
 
Diversified Retailers - - - 0.56%
 
Consumer Products & Services - 0.75% - -
 
Leisure Goods - - 0.75% -
 
Recreational Products - - - 0.75%
 
Industrials 16.12% - - -
 
Construction & Materials - 9.89% - -
 
Construction & Materials - - 9.89% -
 
Cement - - - 6.23%
 
Construction - - - 3.05%
 
Engineering & Contracting Services - - - 0.61%
 
Industrial Goods & Services - 6.24% - -
 
Industrial Transportation - - 4.89% -
 
Commercial Vehicles & Parts - - - 2.75%
 
Marine Transportation - - - 1.70%
 
Delivery Services - - - 0.45%
 
Industrial Support Services - - 1.00% -
 
Professional Business Support Services - - - 0.68%
 
Industrial Suppliers - - - 0.32%
 
Electronic & Electrical Equipment - - 0.35% -
 
Electrical Components - - - 0.35%
 
Consumer Staples 9.19% - - -
 
Food, Beverage & Tobacco - 5.51% - -
 
Beverages - - 2.69% -
 
Soft Drinks - - - 2.69%
 
Food Producers - - 2.21% -
 
Farming, Fishing, Ranching & Plantations - - - 1.70%
 
Fruit & Grain Processing - - - 0.51%
 
Tobacco - - 0.61% -
 
Tobacco - - - 0.61%
 
Personal Care, Drug & Grocery Stores - 3.68% - -
 
Personal Care, Drug & Grocery Stores - - 3.68% -
 
Food Retailers & Wholesalers - - - 3.35%
 
Nondurable Household Products - - - 0.33%
 
Health Care 6.06% - - -
 
Health Care - 6.06% - -
 
Pharmaceuticals & Biotechnology - - 6.06% -
 
Pharmaceuticals - - - 6.06%
 
Utilities 5.20% - - -
 
Utilities - 5.20% - -
 
Gas, Water & Multi-utilities - - 3.01% -
 
Multi-Utilities - - - 3.01%
 
Electricity - - 2.19% -
 
Conventional Electricity - - - 2.19%
 
Energy 3.40% - - -
 
Energy - 3.40% - -
 
Non-Renewable Energy - - 3.40% -
 
Integrated Oil & Gas - - - 1.93%
 
Oil Equipment & Services - - - 1.13%
 
Offshore Drilling & Other Services - - - 0.34%
 
Technology 2.89% - - -
 
Technology - 2.89% - -
 
Software & Computer Services - - 2.58% -
 
Consumer Digital Services - - - 1.48%
 
Computer Services - - - 1.10%
 
Technology Hardware & Equipment - - 0.30% -
 
Production Technology Equipment - - - 0.30%
 
Telecommunications 2.66% - - -
 
Telecommunications - 2.66% - -
 
Telecommunications Service Providers - - 2.66% -
 
Telecommunications Services - - - 2.66%
 
Cash and Equivalents 1.82% - - -
 
Basic Materials 0.42% - - -
 
Basic Resources - 0.42% - -
 
Industrial Metals & Mining - - 0.42% -
 
Iron & Steel - - - 0.42%
 
Real Estate 0.41% - - -
 
Real Estate - 0.41% - -
 
Real Estate Investment Trusts - - 0.41% -
 
Office REITs - - - 0.41%
 
Non-Classified 0.00% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 78.44%
  Emerging Europe 15.32%
  UK 4.00%
  Cash and Equivalents 1.82%
  Non-Classified 0.42%

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 78.44% -
 
Italy - 18.37%
 
France - 14.81%
 
Spain - 10.98%
 
Germany - 9.32%
 
Netherlands - 7.38%
 
Sweden - 4.16%
 
Norway - 3.37%
 
Austria - 2.84%
 
Switzerland - 2.03%
 
Portugal - 1.70%
 
Ireland - 1.44%
 
Belgium - 0.99%
 
Denmark - 0.69%
 
Finland - 0.36%
 
Emerging Europe 15.32% -
 
Greece - 7.04%
 
Turkey - 6.31%
 
Hungary - 1.97%
 
Russian Federation - 0.00%
 
UK 4.00% -
 
United Kingdom - 4.00%
 
Cash and Equivalents 1.82% -
 
Non-Classified 0.42% -

Breakdown By Market Cap (%)

Mega
 
 
17.43%
Large
 
 
26.38%
Medium
 
 
41.88%
Small
 
 
3.79%
Micro
 
 
2.38%
Non-Classified
 
 
6.31%
Cash
 
 
1.82%

Top 10 Holdings

Stock % Weight Sector Country
1 UNICREDIT SOCIETA' PER AZIONI 6.52% Banks Italy
2 STELLANTIS N.V. 4.87% Automobiles & Parts Netherlands
3 HEIDELBERG MATERIALS AG 3.24% Construction & Materials Germany
4 TALANX AKTIENGESELLSCHAFT 3.03% Non-life Insurance Germany
5 MYTILINEOS SA 3.01% Gas, Water & Multi-utilities Greece
6 COCA-COLA ICECEK A.S. 2.69% Beverages Turkey
7 RENAULT 2.64% Automobiles & Parts France
8 SCOR SE 2.46% Non-life Insurance France
9 GSK 2.31% Pharmaceuticals & Biotechnology United Kingdom
10 BIM BIRLESIK MAGAZALAR 2.27% Personal Care, Drug & Grocery Stores Turkey

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 2.89% - - - - - - 2.89%
Telecommunications - 2.66% - - - - - - 2.66%
Financials 1.08% 34.55% - - - - - - 35.64%
Real Estate - 0.41% - - - - - - 0.41%
Consumer Discretionary - 16.18% - - - - - - 16.18%
Consumer Staples 0.61% 8.58% - - - - - - 9.19%
Energy - 3.40% - - - - - - 3.40%
Utilities - 5.20% - - - - - - 5.20%
Health Care 2.31% 3.75% - - - - - - 6.06%
Industrials - 16.12% - - - - - - 16.12%
Basic Materials - 0.42% - - - - - - 0.42%
Cash and Equivalents - - - - - - - 1.82% 1.82%
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 B1YVPP5
Mex Code SBG
Isin Code GB00B1YVPP53
Citi Code AKA3

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.15%
Yearly Total 1.75%

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.
Benchmark FTSE World Europe ex UK TR
Sector ABI 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 4.31
Beta 0.89
Sharpe 0.47
Standard Deviation 13.57
Info Ratio 0.34

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.