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

30/06/15
to
30/06/16
30/06/16
to
30/06/17
30/06/17
to
30/06/18
30/06/18
to
30/06/19
30/06/19
to
30/06/20
Fund 0.1% 11.0% 1.4% 2.1% -3.2%
Sector 1.6% 7.6% -0.3% 4.1% 2.9%
Rank 110/142 31/145 13/146 134/146 145/149
Quartile 4 1 1 4 4

Annualised performance

Annualised
3 Years to
30/06/20
5 Years to
30/06/20
10 Years to
30/06/20
Fund 0.1% 2.2% 6.1%
Sector 2.2% 3.1% 4.8%
Rank 139/146 121/142 27/106
Quartile 4 4 1

Top 10 Holdings

Stock % Weight
US TREASURY N/B 3.125% 11/15/2028 4.53
US TREASURY N/B 2.625% 02/15/2029 3.04
RBS CAPITAL TRUST II 6.425% 1.62
ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.47
ORANGE SA 5.875% 1.31
SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.30
AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.29
CREDIT SUISSE GROUP AG CALLABLE NOTES VARIABLE 29/DEC/2049 USD 1000 1.26
UBS GROUP AG 7% 1.25
PENSION INSURANCE 7.375% 1.25
Total 18.31

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 6 years and 5 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 (08/07/2020) 213.20
Offer (08/07/2020) 224.40
Fund size (30/04/2020) £1.26m
Underlying Fund size £1000.09m
Number of holdings 147
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 56.49%
  UK Corporate Bonds 31.61%
  International Equities 6.46%
  UK Equities 5.18%
  Investment Trusts 0.23%
  Property 0.07%
  Cash and Equivalents -0.04%
Portfolio data accurate as at: 31/05/20

Important Information

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: FundsLibrary. Source of performance data: Financial Express (FE). 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 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 56.49%
  UK Corporate Bonds 31.61%
  International Equities 6.46%
  UK Equities 5.18%
  Investment Trusts 0.23%
  Property 0.07%
  Cash and Equivalents -0.04%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 88.10% - - -
 
Consumer Staples 2.34% - - -
 
Food, Beverage & Tobacco - 2.00% - -
 
Tobacco - - 1.08% -
 
Tobacco - - - 1.08%
 
Food Producers - - 0.92% -
 
Food Products - - - 0.48%
 
Farming, Fishing, Ranching & Plantations - - - 0.44%
 
Personal Care, Drug & Grocery Stores - 0.34% - -
 
Personal Care, Drug & Grocery Stores - - 0.34% -
 
Food Retailers & Wholesalers - - - 0.34%
 
Financials 2.00% - - -
 
Insurance - 1.24% - -
 
Life Insurance - - 0.62% -
 
Life Insurance - - - 0.62%
 
Non-life Insurance - - 0.61% -
 
Property & Casualty Insurance - - - 0.61%
 
Financial Services - 0.76% - -
 
Investment Banking & Brokerage Services - - 0.53% -
 
Asset Managers & Custodians - - - 0.53%
 
Equity Investment Instruments - - 0.23% -
 
Equity Investment Instruments - - - 0.23%
 
Consumer Discretionary 1.84% - - -
 
Automobiles & Parts - 0.56% - -
 
Automobiles & Parts - - 0.56% -
 
Automobiles - - - 0.56%
 
Consumer Products & Services - 0.53% - -
 
Household Goods & Home Construction - - 0.53% -
 
Home Construction - - - 0.53%
 
Media - 0.43% - -
 
Media - - 0.43% -
 
Radio & TV Broadcasters - - - 0.43%
 
Travel & Leisure - 0.32% - -
 
Travel & Leisure - - 0.32% -
 
Casinos & Gambling - - - 0.32%
 
Telecommunications 1.69% - - -
 
Telecommunications - 1.69% - -
 
Telecommunications Service Providers - - 1.69% -
 
Telecommunications Services - - - 1.69%
 
Industrials 1.47% - - -
 
Industrial Goods & Services - 1.22% - -
 
Industrial Support Services - - 0.78% -
 
Business Training & Employment Agencies - - - 0.78%
 
General Industrials - - 0.44% -
 
Containers & Packaging - - - 0.44%
 
Construction & Materials - 0.24% - -
 
Construction & Materials - - 0.24% -
 
Construction - - - 0.24%
 
Energy 1.17% - - -
 
Energy - 1.17% - -
 
Non-Renewable Energy - - 1.17% -
 
Pipelines - - - 0.74%
 
Integrated Oil & Gas - - - 0.43%
 
Health Care 0.90% - - -
 
Health Care - 0.90% - -
 
Pharmaceuticals & Biotechnology - - 0.90% -
 
Pharmaceuticals - - - 0.90%
 
Basic Materials 0.43% - - -
 
Basic Resources - 0.43% - -
 
Industrial Metals & Mining - - 0.43% -
 
General Mining - - - 0.43%
 
Real Estate 0.07% - - -
 
Real Estate - 0.07% - -
 
Real Estate Investment Trusts - - 0.07% -
 
Diversified REITs - - - 0.07%
 
Non-Classified 0.03% - - -
 
Cash and Equivalents -0.04% - - -

Regional Allocation

pie chart
  UK 36.78%
  Developed Europe - Excl UK 36.54%
  North America 17.64%
  Non-Classified 2.77%
  South & Central America 2.68%
  Australia & New Zealand 2.59%
  Other Regions 1.00%

Fixed Interest Currencies

pie chart
  US Dollar 40.81%
  Pound Sterling 31.38%
  Euro 15.91%
  Non-Fixed Interest Assets 11.94%
  Cash -0.04%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 36.78% -
 
United Kingdom - 36.78%
 
Developed Europe - Excl UK 36.54% -
 
France - 9.95%
 
Netherlands - 5.80%
 
Italy - 4.26%
 
Germany - 3.34%
 
Switzerland - 3.29%
 
Luxembourg - 2.42%
 
Sweden - 1.57%
 
Ireland - 1.55%
 
Denmark - 1.44%
 
Portugal - 1.23%
 
Belgium - 0.88%
 
Spain - 0.43%
 
Norway - 0.38%
 
North America 17.64% -
 
United States - 17.64%
 
Non-Classified 2.77% -
 
South & Central America 2.68% -
 
Mexico - 1.29%
 
Curaçao - 0.75%
 
Cayman Islands - 0.65%
 
Australia & New Zealand 2.59% -
 
Australia - 2.59%
 
Emerging Europe 0.96% -
 
Romania - 0.78%
 
Greece - 0.18%
 
Property 0.07% -
 
Cash and Equivalents -0.04% -

Breakdown By Market Cap (%)

Mega
 
 
5.49%
Large
 
 
3.79%
Medium
 
 
1.11%
Small
 
 
0.43%
Non-Classified
 
 
1.12%
Bonds
 
 
88.10%
Cash
 
-0.04%

Fixed Interest Maturity Profile

> 15Yr Maturity
 
 
33.94%
5Yr - 10Yr Maturity
 
 
28.21%
< 5Yr Maturity
 
 
25.24%
10Yr - 15Yr Maturity
 
 
0.70%
Cash And Equivalents
 
-0.04%
Other Asset Types
 
 
11.94%

Fixed Interest Quality Profile

BBB
 
 
21.16%
AAA
 
 
7.57%
A
 
 
4.77%
Sub-Investment Grade
 
 
28.12%
Unknown Quality
 
 
26.48%
Cash and Equivalents
 
-0.04%
Other Asset Types
 
 
11.94%

Top 10 Holdings

Stock % Weight Sector Country
1 US TREASURY N/B 3.125% 11/15/2028 4.53% Bonds United States
2 US TREASURY N/B 2.625% 02/15/2029 3.04% Bonds United States
3 RBS CAPITAL TRUST II 6.425% 1.62% Bonds United States
4 ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.47% Non-Classified Non-Classified
5 ORANGE SA 5.875% 1.31% Bonds France
6 SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.30% Non-Classified France
7 AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.29% Non-Classified Mexico
8 CREDIT SUISSE GROUP AG CALLABLE NOTES VARIABLE 29/DEC/2049 USD 1000 1.26% Bonds Switzerland
9 UBS GROUP AG 7% 1.25% Bonds Switzerland
10 PENSION INSURANCE 7.375% 1.25% Bonds United Kingdom

Important Information

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 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 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
Sector ABI Sterling Strategic Bond

Ratings

FE Crown Crown Rating of 1

Important Information

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 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

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: Financial Express (FE). 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 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 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. 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.