Prudential Artemis High Income Ser A
Performance
Discrete performance - to last month end
| 31/03/16 to 31/03/17 |
31/03/17 to 31/03/18 |
31/03/18 to 31/03/19 |
31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
|
|---|---|---|---|---|---|
| Fund | 9.9% | 4.1% | 0.2% | -11.3% | 21.8% |
| Sector | 7.3% | 2.3% | 1.2% | -3.4% | 15.2% |
| Rank | 27/140 | 18/143 | 98/143 | 140/146 | 23/146 |
| Quartile | 1 | 1 | 3 | 4 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/21 |
5 Years to 31/03/21 |
10 Years to 31/03/21 |
||
| Fund | 2.7% | 4.4% | 6.0% | |
| Sector | 4.0% | 4.3% | 4.6% | |
| Rank | 114/143 | 73/140 | 13/108 | |
| Quartile | 4 | 3 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| US TREASURY N/B 3.125% 11/15/2028 | 2.34 |
| US TREASURY N/B 2.625% 02/15/2029 | 2.33 |
| UBS GROUP AG 7% | 1.29 |
| SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 | 1.27 |
| ELECTRICITE DE FRANCE SA CALLABLE MEDIUM TERM NOTE VARIABLE 31/DEC/2049 GBP 100000 | 1.23 |
| ADECCO GROUP SA | 1.20 |
| M&G PLC 6.5% 10/20/2048 | 1.12 |
| BUPA FINANCE PLC 5% 12/08/2026 | 1.12 |
| LEGAL & GENERAL GROUP 4.5% 11/01/2050 | 1.12 |
| DKT FINANCE APS 7% 06/17/2023 | 1.09 |
| Total | 14.12 |
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 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 (09/04/2021) | 235.30 |
| Offer (09/04/2021) | 247.70 |
| Fund size (31/01/2021) | £1.12m |
| Underlying Fund size | £912.73m |
| 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
| International Bonds | 49.11% | |
| UK Corporate Bonds | 33.39% | |
| UK Equities | 8.27% | |
| International Equities | 7.65% | |
| Cash and Equivalents | 1.13% | |
| Investment Trusts | 0.36% | |
| Property | 0.08% |
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.
Asset Allocation
| International Bonds | 49.11% | |
| UK Corporate Bonds | 33.39% | |
| UK Equities | 8.27% | |
| International Equities | 7.65% | |
| Cash and Equivalents | 1.13% | |
| Investment Trusts | 0.36% | |
| Property | 0.08% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 82.50% | - | - | - | |
| Financials | 3.93% | - | - | - | |
| Financial Services | - | 2.58% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.22% | - | |
| Asset Managers & Custodians | - | - | - | 2.22% | |
| Equity Investment Instruments | - | - | 0.36% | - | |
| Equity Investment Instruments | - | - | - | 0.36% | |
| Insurance | - | 1.35% | - | - | |
| Non-life Insurance | - | - | 0.72% | - | |
| Property & Casualty Insurance | - | - | - | 0.72% | |
| Life Insurance | - | - | 0.63% | - | |
| Life Insurance | - | - | - | 0.63% | |
| Consumer Discretionary | 3.41% | - | - | - | |
| Consumer Products & Services | - | 0.85% | - | - | |
| Household Goods & Home Construction | - | - | 0.85% | - | |
| Home Construction | - | - | - | 0.85% | |
| Media | - | 0.83% | - | - | |
| Media | - | - | 0.83% | - | |
| Radio & TV Broadcasters | - | - | - | 0.83% | |
| Automobiles & Parts | - | 0.72% | - | - | |
| Automobiles & Parts | - | - | 0.72% | - | |
| Automobiles | - | - | - | 0.72% | |
| Travel & Leisure | - | 0.70% | - | - | |
| Travel & Leisure | - | - | 0.70% | - | |
| Casinos & Gambling | - | - | - | 0.70% | |
| Retail | - | 0.31% | - | - | |
| Retailers | - | - | 0.31% | - | |
| Home Improvement Retailers | - | - | - | 0.31% | |
| Consumer Staples | 2.29% | - | - | - | |
| Food, Beverage & Tobacco | - | 1.61% | - | - | |
| Tobacco | - | - | 1.06% | - | |
| Tobacco | - | - | - | 1.06% | |
| Food Producers | - | - | 0.55% | - | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.55% | |
| Personal Care, Drug & Grocery Stores | - | 0.68% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.68% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.68% | |
| Basic Materials | 1.90% | - | - | - | |
| Basic Resources | - | 1.07% | - | - | |
| Industrial Metals & Mining | - | - | 1.07% | - | |
| General Mining | - | - | - | 1.07% | |
| Chemicals | - | 0.83% | - | - | |
| Chemicals | - | - | 0.83% | - | |
| Chemicals: Diversified | - | - | - | 0.83% | |
| Energy | 1.68% | - | - | - | |
| Energy | - | 1.68% | - | - | |
| Non-Renewable Energy | - | - | 1.68% | - | |
| Pipelines | - | - | - | 0.92% | |
| Integrated Oil & Gas | - | - | - | 0.77% | |
| Telecommunications | 1.28% | - | - | - | |
| Telecommunications | - | 1.28% | - | - | |
| Telecommunications Service Providers | - | - | 1.28% | - | |
| Telecommunications Services | - | - | - | 1.28% | |
| Industrials | 1.20% | - | - | - | |
| Industrial Goods & Services | - | 1.20% | - | - | |
| Industrial Support Services | - | - | 1.20% | - | |
| Business Training & Employment Agencies | - | - | - | 1.20% | |
| Cash and Equivalents | 1.13% | - | - | - | |
| Health Care | 0.56% | - | - | - | |
| Health Care | - | 0.56% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 0.56% | - | |
| Pharmaceuticals | - | - | - | 0.56% | |
| Real Estate | 0.08% | - | - | - | |
| Real Estate | - | 0.08% | - | - | |
| Real Estate Investment Trusts | - | - | 0.08% | - | |
| Diversified REITs | - | - | - | 0.08% | |
| Non-Classified | 0.04% | - | - | - | |
Regional Allocation
| UK | 41.66% | |
| Developed Europe - Excl UK | 38.99% | |
| North America | 12.37% | |
| Non-Classified | 2.81% | |
| Australia & New Zealand | 2.03% | |
| Cash and Equivalents | 1.13% | |
| Emerging Europe | 0.92% | |
| Property | 0.08% |
Fixed Interest Currencies
| US Dollar | 31.74% | |
| Pound Sterling | 31.27% | |
| Euro | 19.49% | |
| Non-Fixed Interest Assets | 16.37% | |
| Cash | 1.13% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 41.66% | - | |
United Kingdom
|
- | 41.66% | |
| Developed Europe - Excl UK | 38.99% | - | |
France
|
- | 9.69% | |
Netherlands
|
- | 6.66% | |
Germany
|
- | 3.74% | |
Switzerland
|
- | 3.51% | |
Luxembourg
|
- | 3.36% | |
Italy
|
- | 2.44% | |
Sweden
|
- | 2.02% | |
Ireland
|
- | 1.78% | |
Denmark
|
- | 1.54% | |
Spain
|
- | 1.21% | |
Belgium
|
- | 0.93% | |
Norway
|
- | 0.82% | |
Austria
|
- | 0.74% | |
Portugal
|
- | 0.57% | |
| North America | 12.37% | - | |
United States
|
- | 12.37% | |
| Non-Classified | 2.81% | - | |
| Australia & New Zealand | 2.03% | - | |
Australia
|
- | 2.03% | |
| Cash and Equivalents | 1.13% | - | |
| Emerging Europe | 0.92% | - | |
Romania
|
- | 0.68% | |
Greece
|
- | 0.25% | |
| Property | 0.08% | - | |
Breakdown By Market Cap (%)
| Mega |
|
5.70% |
| Large |
|
7.26% |
| Medium |
|
0.77% |
| Small |
|
0.83% |
| Non-Classified |
|
1.80% |
| Bonds |
|
82.50% |
| Cash |
|
1.13% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
30.12% |
| 5Yr - 10Yr Maturity |
|
23.70% |
| 10Yr - 15Yr Maturity |
|
1.37% |
| > 15Yr Maturity |
|
27.31% |
| Cash And Equivalents |
|
1.13% |
| Other Asset Types |
|
16.37% |
Fixed Interest Quality Profile
| AAA |
|
4.67% |
| A |
|
5.17% |
| BBB |
|
15.88% |
| Sub-Investment Grade |
|
22.91% |
| Unknown Quality |
|
33.87% |
| Cash and Equivalents |
|
1.13% |
| Other Asset Types |
|
16.37% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | US TREASURY N/B 3.125% 11/15/2028 | 2.34% | Bonds | United States |
| 2 | US TREASURY N/B 2.625% 02/15/2029 | 2.33% | Bonds | United States |
| 3 | UBS GROUP AG 7% | 1.29% | Bonds | Switzerland |
| 4 | SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 | 1.27% | Bonds | France |
| 5 | ELECTRICITE DE FRANCE SA CALLABLE MEDIUM TERM NOTE VARIABLE 31/DEC/2049 GBP 100000 | 1.23% | Bonds | France |
| 6 | ADECCO GROUP SA | 1.20% | Industrial Support Services | Switzerland |
| 7 | M&G PLC 6.5% 10/20/2048 | 1.12% | Bonds | United Kingdom |
| 8 | BUPA FINANCE PLC 5% 12/08/2026 | 1.12% | Bonds | United Kingdom |
| 9 | LEGAL & GENERAL GROUP 4.5% 11/01/2050 | 1.12% | Bonds | United Kingdom |
| 10 | DKT FINANCE APS 7% 06/17/2023 | 1.09% | Bonds | Denmark |
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
| FE Crown |  |
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.