Prudential Artemis Strategic Bond S4

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

Performance

Discrete performance - to last month end

31/12/13
to
31/12/14
31/12/14
to
31/12/15
31/12/15
to
31/12/16
31/12/16
to
31/12/17
31/12/17
to
31/12/18
Fund 3.1% 0.3% 7.2% 4.9% -3.7%
Sector 4.0% 0.2% 4.8% 4.1% -3.4%
Rank 102/134 80/140 17/140 63/145 104/145
Quartile 4 3 1 2 3

Annualised performance

Annualised
3 Years to
31/12/18
5 Years to
31/12/18
10 Years to
31/12/18
Fund 2.7% 2.3% 5.7%
Sector 1.8% 1.9% 5.7%
Rank 41/140 69/134 72/99
Quartile 2 3 3

Top 10 Holdings

Stock % Weight
¾% Treasury Gilt 2023 10.08
1½% Treasury Gilt 2021 4.43
ELECTRICITE DE FRANCE SA 6% EMTN 0.94
NGG FINANCE PLC 5.625% VAR 2073 0.94
USB REALTY CORP 2.50617% 144A 0.91
CREDIT SUISSE GROUP AG CALLABLE BOND VARIABLE 29/DEC/2049 USD 1000 0.91
ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 0.90
RWE AG CALLABLE NOTES VARIABLE GBP 100000 0.85
TULLOW OIL PLC 7% 03/01/2025 0.85
VIVAT NV CALLABLE BOND VARIABLE 16/MAY/2049 USD 1000 0.84
Total 21.65

Fund Aims

The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund. That fund aims to achieve a combination of income and capital growth by investing predominantly in fixed income markets but may selectively invest in other markets. Equal emphasis is given to the security of capital and income although from time to time one may take prominence over the other in accordance with the strategy being pursued.

Fund Manager

James Foster manager of the underlying fund for 13 years and 6 months

Photo of James Foster James joined Artemis in April 2005 and manages the Artemis Strategic Bond Fund and the Artemis Monthly Distribution Fund which were launched in June 2005 and May 2012 respectively. He has over 25 years’ experience of managing bonds including gilt, index-linked and corporate bond funds. His career started at Sun Alliance Investment Management in 1989 where he went on to become a pioneer of retail bond funds in the UK, launching one of the first mainstream retail unit trusts in the asset class. Before joining Artemis, James also worked at Royal Sun Alliance Investment Management, Isis Asset Management and F&C Asset Management.

Alex Ralph manager of the underlying fund for 13 years and 6 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 (18/01/2019) 161.60
Offer (18/01/2019) 170.10
Fund size (31/12/2018) £4.83m
Underlying Fund size £1382.29m
Number of holdings 127
Launch date 20/10/2008

Fund Charges

Base Annual Management Charge (AMC) 1.60%
Additional Charges 0.08%
Total Charges 1.68%

Asset Allocation

pie chart
  International Bonds 42.77%
  UK Corporate Bonds 28.94%
  UK Gilts 14.51%
  Cash and Equivalents 11.92%
  Other Assets 1.86%
Portfolio data accurate as at: 30/11/18

Important Information

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our charges 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 and you may not get back the amount 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 42.77%
  UK Corporate Bonds 28.94%
  UK Gilts 14.51%
  Cash and Equivalents 11.92%
  Other Assets 1.86%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 1.35% - - -
 
Basic Resources - 0.72% - -
 
Mining - - 0.72% -
 
General Mining - - - 0.72%
 
Chemicals - 0.63% - -
 
Chemicals - - 0.63% -
 
Specialty Chemicals - - - 0.63%
 
Consumer Goods 0.43% - - -
 
Automobiles & Parts - 0.43% - -
 
Automobiles & Parts - - 0.43% -
 
Auto Parts - - - 0.43%
 
Consumer Services 6.77% - - -
 
Travel & Leisure - 3.43% - -
 
Travel & Leisure - - 3.43% -
 
Hotels - - - 1.57%
 
Recreational Services - - - 0.58%
 
Travel & Tourism - - - 0.51%
 
Restaurants & Bars - - - 0.46%
 
Gambling - - - 0.31%
 
Retail - 2.25% - -
 
General Retailers - - 1.45% -
 
Specialized Consumer Services - - - 1.45%
 
Food & Drug Retailers - - 0.80% -
 
Food Retailers & Wholesalers - - - 0.80%
 
Media - 1.09% - -
 
Media - - 1.09% -
 
Broadcasting & Entertainment - - - 1.09%
 
Financials 21.47% - - -
 
Insurance - 10.07% - -
 
Nonlife Insurance - - 5.58% -
 
Full Line Insurance - - - 2.62%
 
Property & Casualty Insurance - - - 1.44%
 
Reinsurance - - - 0.90%
 
Insurance Brokers - - - 0.62%
 
Life Insurance - - 4.49% -
 
Life Insurance - - - 4.49%
 
Banks - 8.76% - -
 
Banks - - 8.76% -
 
Banks - - - 8.76%
 
Financial Services - 2.64% - -
 
Financial Services - - 2.64% -
 
Specialty Finance - - - 1.62%
 
Asset Managers - - - 1.02%
 
Industrials 3.23% - - -
 
Industrial Goods & Services - 3.23% - -
 
General Industrials - - 1.78% -
 
Diversified Industrials - - - 1.30%
 
Containers & Packaging - - - 0.48%
 
Industrial Transportation - - 0.73% -
 
Transportation Services - - - 0.73%
 
Support Services - - 0.72% -
 
Financial Administration - - - 0.72%
 
Oil & Gas 3.43% - - -
 
Oil & Gas - 3.43% - -
 
Oil & Gas Producers - - 2.98% -
 
Oil & Gas Exploration & Production - - - 1.78%
 
Integrated Oil & Gas - - - 1.20%
 
Oil Equipment, Services & Distribution - - 0.45% -
 
Oil Equipment & Services - - - 0.45%
 
Technology 0.33% - - -
 
Technology - 0.33% - -
 
Technology Hardware & Equipment - - 0.33% -
 
Computer Hardware - - - 0.33%
 
Telecommunications 3.42% - - -
 
Telecommunications - 3.42% - -
 
Fixed Line Telecommunications - - 2.71% -
 
Fixed Line Telecommunications - - - 2.71%
 
Mobile Telecommunications - - 0.71% -
 
Mobile Telecommunications - - - 0.71%
 
Utilities 5.88% - - -
 
Utilities - 5.88% - -
 
Electricity - - 3.08% -
 
Conventional Electricity - - - 3.08%
 
Gas, Water & Multiutilities - - 2.80% -
 
Multiutilities - - - 1.79%
 
Gas Distribution - - - 1.01%
 
Government 14.51% - - -
 
Government - 14.51% - -
 
Government - - 14.51% -
 
Government - - - 14.51%
 
Corporate Bonds 1.63% - - -
 
Corporate Bonds - 1.63% - -
 
Corporate Bonds - - 1.63% -
 
Corporate Bonds - - - 1.63%
 
Non-Classified 25.63% - - -
 
Cash and Equivalents 11.92% - - -

Regional Allocation

pie chart
  UK 45.01%
  Developed Europe - Excl UK 30.85%
  Cash and Equivalents 11.92%
  North America 6.16%
  Non-Classified 3.11%
  Australia & New Zealand 1.91%
  South & Central America 1.04%

Fixed Interest Currencies

pie chart
  Pound Sterling 49.48%
  US Dollar 18.97%
  Euro 17.77%
  Cash 11.92%
  Non-Fixed Interest Assets 1.86%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 45.01% -
 
United Kingdom - 43.87%
 
Jersey - 1.14%
 
Developed Europe - Excl UK 30.85% -
 
Luxembourg - 6.09%
 
Germany - 5.33%
 
France - 4.47%
 
Netherlands - 4.00%
 
Ireland - 3.85%
 
Italy - 2.07%
 
Sweden - 1.20%
 
Switzerland - 0.91%
 
Denmark - 0.90%
 
Norway - 0.80%
 
Belgium - 0.71%
 
Spain - 0.52%
 
Cash and Equivalents 11.92% -
 
North America 6.16% -
 
United States - 6.16%
 
Non-Classified 3.11% -
 
Australia & New Zealand 1.91% -
 
Australia - 1.91%
 
South & Central America 1.04% -
 
Mexico - 0.71%
 
Cayman Islands - 0.33%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
52.10%
5Yr - 10Yr Maturity
 
 
27.77%
Cash And Equivalents
 
 
11.92%
> 15Yr Maturity
 
 
4.27%
10Yr - 15Yr Maturity
 
 
2.08%
Unknown Maturity
 
 
1.44%
Other Asset Types
 
 
0.42%

Fixed Interest Quality Profile

BBB
 
 
17.61%
AA
 
 
14.51%
A
 
 
2.56%
Sub-Investment Grade
 
 
20.88%
Unknown Quality
 
 
30.66%
Cash and Equivalents
 
 
11.92%
Other Asset Types
 
 
1.86%

Top 10 Holdings

Stock % Weight Sector Country
1 ¾% Treasury Gilt 2023 10.08% Bonds United Kingdom
2 1½% Treasury Gilt 2021 4.43% Bonds United Kingdom
3 ELECTRICITE DE FRANCE SA 6% EMTN 0.94% Electricity France
4 NGG FINANCE PLC 5.625% VAR 2073 0.94% Gas, Water & Multiutilities United Kingdom
5 USB REALTY CORP 2.50617% 144A 0.91% Banks United States
6 CREDIT SUISSE GROUP AG CALLABLE BOND VARIABLE 29/DEC/2049 USD 1000 0.91% Banks Switzerland
7 ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 0.90% Nonlife Insurance Non-Classified
8 RWE AG CALLABLE NOTES VARIABLE GBP 100000 0.85% Gas, Water & Multiutilities Germany
9 TULLOW OIL PLC 7% 03/01/2025 0.85% Bonds United Kingdom
10 VIVAT NV CALLABLE BOND VARIABLE 16/MAY/2049 USD 1000 0.84% Bonds Netherlands

Important Information

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 B3BW0D8
Mex Code PUASTR
Isin Code GB00B3BW0D88
Citi Code D9V0

Fund Charges

Base Annual Management Charge (AMC) 1.60%
Additional Charges 0.08%
Total Charges 1.68%

Aims and Benchmark

Aims The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund. That fund aims to achieve a combination of income and capital growth by investing predominantly in fixed income markets but may selectively invest in other markets. Equal emphasis is given to the security of capital and income although from time to time one may take prominence over the other in accordance with the strategy being pursued.
Benchmark Markit iBoxx Sterling Non Gilts Overall
ABI Sector Sterling Strategic Bond

Ratings

Morningstar Analyst Rating™ Morningstar Analyst Rating of Silver

Important Information

Our charges 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

Source of performance data: Financial Express (FE). Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our charges 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 and you may not get back the amount 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. This name is also used by other companies within the Prudential Group. Registered office at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.