Prudential Artemis High Income Ser A

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

Performance

Discrete performance - to last month end

30/04/16
to
30/04/17
30/04/17
to
30/04/18
30/04/18
to
30/04/19
30/04/19
to
30/04/20
30/04/20
to
30/04/21
Fund 9.7% 4.3% 0.4% -7.2% 16.1%
Sector 6.8% 1.8% 1.8% 0.3% 11.0%
Rank 22/142 14/143 121/143 140/146 39/146
Quartile 1 1 4 4 2

Annualised performance

Annualised
3 Years to
30/04/21
5 Years to
30/04/21
10 Years to
30/04/21
Fund 2.7% 4.4% 5.9%
Sector 4.3% 4.3% 4.5%
Rank 119/143 68/142 17/108
Quartile 4 2 1

Top 10 Holdings

Stock % Weight
US TREASURY N/B 2.625% 02/15/2029 2.33
US TREASURY N/B 3.125% 11/15/2028 1.81
UBS GROUP AG 7% 1.31
ADECCO GROUP SA 1.31
SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.30
ELECTRICITE DE FRANCE SA CALLABLE MEDIUM TERM NOTE VARIABLE 31/DEC/2049 GBP 100000 1.24
BRITISH AMERICAN TOBACCO 1.18
BUPA FINANCE PLC 5% 12/08/2026 1.14
LEGAL & GENERAL GROUP 4.5% 11/01/2050 1.13
M&G PLC 6.5% 10/20/2048 1.13
Total 13.87

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Artemis High Income Fund - the underlying fund.

Underlying Fund Objective: The 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 7 years and 3 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 (14/05/2021) 236.00
Offer (14/05/2021) 248.40
Fund size (30/03/2021) £1.06m
Underlying Fund size £908.94m
Number of holdings 156
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 1.55%
Further Costs 0.00%
Yearly Total 1.55%

Asset Allocation

pie chart
  International Bonds 48.26%
  UK Corporate Bonds 33.16%
  UK Equities 8.83%
  International Equities 7.75%
  Cash and Equivalents 1.29%
  Investment Trusts 0.40%
  Property 0.31%
Portfolio data accurate as at: 31/03/21

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 gross income reinvested. The value of your investment can go down as well as up so you might get back less than 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 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 Bonds 48.26%
  UK Corporate Bonds 33.16%
  UK Equities 8.83%
  International Equities 7.75%
  Cash and Equivalents 1.29%
  Investment Trusts 0.40%
  Property 0.31%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 81.41% - - -
 
Financials 4.31% - - -
 
Financial Services - 2.92% - -
 
Investment Banking & Brokerage Services - - 2.52% -
 
Asset Managers & Custodians - - - 2.52%
 
Equity Investment Instruments - - 0.40% -
 
Equity Investment Instruments - - - 0.40%
 
Insurance - 1.39% - -
 
Non-life Insurance - - 0.71% -
 
Property & Casualty Insurance - - - 0.71%
 
Life Insurance - - 0.68% -
 
Life Insurance - - - 0.68%
 
Consumer Discretionary 3.27% - - -
 
Consumer Products & Services - 0.97% - -
 
Household Goods & Home Construction - - 0.97% -
 
Home Construction - - - 0.97%
 
Travel & Leisure - 0.75% - -
 
Travel & Leisure - - 0.75% -
 
Casinos & Gambling - - - 0.75%
 
Automobiles & Parts - 0.68% - -
 
Automobiles & Parts - - 0.68% -
 
Automobiles - - - 0.68%
 
Media - 0.55% - -
 
Media - - 0.55% -
 
Radio & TV Broadcasters - - - 0.55%
 
Retail - 0.32% - -
 
Retailers - - 0.32% -
 
Home Improvement Retailers - - - 0.32%
 
Consumer Staples 2.46% - - -
 
Food, Beverage & Tobacco - 1.76% - -
 
Tobacco - - 1.18% -
 
Tobacco - - - 1.18%
 
Food Producers - - 0.58% -
 
Farming, Fishing, Ranching & Plantations - - - 0.58%
 
Personal Care, Drug & Grocery Stores - 0.70% - -
 
Personal Care, Drug & Grocery Stores - - 0.70% -
 
Food Retailers & Wholesalers - - - 0.70%
 
Basic Materials 1.82% - - -
 
Basic Resources - 0.96% - -
 
Industrial Metals & Mining - - 0.96% -
 
General Mining - - - 0.96%
 
Chemicals - 0.86% - -
 
Chemicals - - 0.86% -
 
Chemicals: Diversified - - - 0.86%
 
Energy 1.78% - - -
 
Energy - 1.78% - -
 
Non-Renewable Energy - - 1.78% -
 
Pipelines - - - 1.00%
 
Integrated Oil & Gas - - - 0.78%
 
Telecommunications 1.40% - - -
 
Telecommunications - 1.40% - -
 
Telecommunications Service Providers - - 1.40% -
 
Telecommunications Services - - - 1.40%
 
Industrials 1.31% - - -
 
Industrial Goods & Services - 1.31% - -
 
Industrial Support Services - - 1.31% -
 
Business Training & Employment Agencies - - - 1.31%
 
Cash and Equivalents 1.29% - - -
 
Health Care 0.61% - - -
 
Health Care - 0.61% - -
 
Pharmaceuticals & Biotechnology - - 0.61% -
 
Pharmaceuticals - - - 0.61%
 
Real Estate 0.31% - - -
 
Real Estate - 0.31% - -
 
Real Estate Investment Trusts - - 0.31% -
 
Diversified REITs - - - 0.31%
 
Non-Classified 0.04% - - -

Regional Allocation

pie chart
  UK 41.99%
  Developed Europe - Excl UK 38.23%
  North America 11.92%
  Non-Classified 2.89%
  Australia & New Zealand 1.71%
  Emerging Europe 1.32%
  Cash and Equivalents 1.29%
  Middle East & Africa 0.35%
  Property 0.31%

Fixed Interest Currencies

pie chart
  US Dollar 31.97%
  Pound Sterling 30.09%
  Euro 19.35%
  Non-Fixed Interest Assets 17.30%
  Cash 1.29%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 41.99% -
 
United Kingdom - 41.99%
 
Developed Europe - Excl UK 38.23% -
 
France - 10.08%
 
Netherlands - 6.07%
 
Germany - 3.79%
 
Switzerland - 3.63%
 
Luxembourg - 3.32%
 
Italy - 2.95%
 
Sweden - 2.12%
 
Ireland - 1.80%
 
Denmark - 1.53%
 
Spain - 0.95%
 
Norway - 0.83%
 
Austria - 0.74%
 
Belgium - 0.42%
 
North America 11.92% -
 
United States - 11.92%
 
Non-Classified 2.89% -
 
Australia & New Zealand 1.71% -
 
Australia - 1.71%
 
Emerging Europe 1.32% -
 
Romania - 0.66%
 
Greece - 0.66%
 
Cash and Equivalents 1.29% -
 
Middle East & Africa 0.35% -
 
Israel - 0.35%
 
Property 0.31% -

Breakdown By Market Cap (%)

Mega
 
 
5.86%
Large
 
 
9.10%
Medium
 
 
1.18%
Non-Classified
 
 
1.16%
Bonds
 
 
81.41%
Cash
 
 
1.29%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
29.88%
5Yr - 10Yr Maturity
 
 
23.61%
10Yr - 15Yr Maturity
 
 
1.38%
> 15Yr Maturity
 
 
26.54%
Cash And Equivalents
 
 
1.29%
Other Asset Types
 
 
17.30%

Fixed Interest Quality Profile

AAA
 
 
4.13%
A
 
 
4.74%
BBB
 
 
14.83%
Sub-Investment Grade
 
 
22.52%
Unknown Quality
 
 
35.19%
Cash and Equivalents
 
 
1.29%
Other Asset Types
 
 
17.30%

Top 10 Holdings

Stock % Weight Sector Country
1 US TREASURY N/B 2.625% 02/15/2029 2.33% Bonds United States
2 US TREASURY N/B 3.125% 11/15/2028 1.81% Bonds United States
3 UBS GROUP AG 7% 1.31% Bonds Switzerland
4 ADECCO GROUP SA 1.31% Industrial Support Services Switzerland
5 SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.30% Bonds France
6 ELECTRICITE DE FRANCE SA CALLABLE MEDIUM TERM NOTE VARIABLE 31/DEC/2049 GBP 100000 1.24% Bonds France
7 BRITISH AMERICAN TOBACCO 1.18% Tobacco United Kingdom
8 BUPA FINANCE PLC 5% 12/08/2026 1.14% Bonds United Kingdom
9 LEGAL & GENERAL GROUP 4.5% 11/01/2050 1.13% Bonds United Kingdom
10 M&G PLC 6.5% 10/20/2048 1.13% Bonds United Kingdom

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 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 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 B3BW061
Mex Code PUAHIC
Isin Code GB00B3BW0618
Citi Code D9K5

Fund Charges

Annual Management Charge (AMC) 1.55%
Further Costs 0.00%
Yearly Total 1.55%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Artemis High Income Fund - the underlying fund. Underlying Fund Objective: The 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

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 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 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 gross income reinvested. The value of your investment can go down as well as up so you might get back less than 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 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.