Prudential Artemis High Income S2

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

Performance

Discrete performance - to last month end

28/02/14
to
28/02/15
28/02/15
to
28/02/16
28/02/16
to
28/02/17
28/02/17
to
28/02/18
28/02/18
to
28/02/19
Fund 4.9% -3.8% 11.2% 3.7% -2.1%
Sector 4.4% -3.2% 7.9% 2.1% -0.6%
Rank 65/134 112/140 21/140 42/145 137/145
Quartile 2 4 1 2 4

Annualised performance

Annualised
3 Years to
28/02/19
5 Years to
28/02/19
10 Years to
28/02/19
Fund 4.1% 2.6% 7.6%
Sector 3.0% 2.0% 6.4%
Rank 61/140 68/134 45/102
Quartile 2 3 2

Top 10 Holdings

Stock % Weight
1¾% Treasury Gilt 2022 3.73
¾% Treasury Gilt 2023 3.17
US TREASURY N/B 3.125% 11/15/2028 1.90
PHOENIX GRP HLD PLC 1.35
RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.13
AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.10
NGG FINANCE PLC 5.625% VAR 2073 1.09
BURFORD CAPITAL LTD USD 6.125% 2025 (NEW) 1.08
ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.07
TULLOW OIL PLC CALLABLE NOTES FIXED 7% 01/MAR/2025 USD 1000 1.04
Total 16.66

Fund Aims

The investment strategy of the fund is to purchase units in the Artemis High Income Fund. That 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 5 years and 1 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 (19/03/2019) 179.50
Offer (19/03/2019) 189.00
Fund size (28/02/2019) £5.95m
Underlying Fund size £1253.79m
Number of holdings 142
Launch date 20/10/2008

Fund Charges

Base Annual Management Charge (AMC) 1.50%
Additional Charges 0.07%
Total Charges 1.57%

Asset Allocation

pie chart
  International Bonds 44.64%
  UK Corporate Bonds 28.36%
  UK Equities 7.74%
  UK Gilts 6.90%
  International Equities 6.42%
  Cash and Equivalents 3.65%
  Other Assets 2.29%
Portfolio data accurate as at: 31/01/19

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 44.64%
  UK Corporate Bonds 28.36%
  UK Equities 7.74%
  UK Gilts 6.90%
  International Equities 6.42%
  Cash and Equivalents 3.65%
  Other Assets 2.29%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 1.40% - - -
 
Basic Resources - 1.40% - -
 
Mining - - 0.81% -
 
General Mining - - - 0.81%
 
Forestry & Paper - - 0.59% -
 
Paper - - - 0.59%
 
Consumer Services 7.54% - - -
 
Travel & Leisure - 3.79% - -
 
Travel & Leisure - - 3.79% -
 
Restaurants & Bars - - - 1.43%
 
Recreational Services - - - 0.69%
 
Travel & Tourism - - - 0.66%
 
Airlines - - - 0.60%
 
Gambling - - - 0.41%
 
Media - 2.41% - -
 
Media - - 2.41% -
 
Broadcasting & Entertainment - - - 2.41%
 
Retail - 1.34% - -
 
Food & Drug Retailers - - 0.89% -
 
Food Retailers & Wholesalers - - - 0.89%
 
General Retailers - - 0.45% -
 
Apparel Retailers - - - 0.45%
 
Financials 21.65% - - -
 
Banks - 9.68% - -
 
Banks - - 9.68% -
 
Banks - - - 9.68%
 
Insurance - 8.65% - -
 
Life Insurance - - 5.32% -
 
Life Insurance - - - 5.32%
 
Nonlife Insurance - - 3.33% -
 
Reinsurance - - - 1.65%
 
Property & Casualty Insurance - - - 0.99%
 
Full Line Insurance - - - 0.69%
 
Financial Services - 3.32% - -
 
Financial Services - - 2.60% -
 
Specialty Finance - - - 2.19%
 
Asset Managers - - - 0.41%
 
Equity Investment Instruments - - 0.72% -
 
Equity Investment Instruments - - - 0.72%
 
Health Care 0.92% - - -
 
Health Care - 0.92% - -
 
Health Care Equipment & Services - - 0.92% -
 
Health Care Providers - - - 0.92%
 
Industrials 1.51% - - -
 
Industrial Goods & Services - 1.51% - -
 
General Industrials - - 1.38% -
 
Diversified Industrials - - - 0.74%
 
Containers & Packaging - - - 0.64%
 
Industrial Engineering - - 0.13% -
 
Industrial Machinery - - - 0.13%
 
Oil & Gas 2.60% - - -
 
Oil & Gas - 2.60% - -
 
Oil & Gas Producers - - 2.13% -
 
Oil & Gas Exploration & Production - - - 2.13%
 
Oil Equipment, Services & Distribution - - 0.47% -
 
Oil Equipment & Services - - - 0.47%
 
Technology 1.02% - - -
 
Technology - 1.02% - -
 
Software & Computer Services - - 0.59% -
 
Software - - - 0.59%
 
Technology Hardware & Equipment - - 0.43% -
 
Computer Hardware - - - 0.43%
 
Telecommunications 3.97% - - -
 
Telecommunications - 3.97% - -
 
Fixed Line Telecommunications - - 2.87% -
 
Fixed Line Telecommunications - - - 2.87%
 
Mobile Telecommunications - - 1.10% -
 
Mobile Telecommunications - - - 1.10%
 
Utilities 6.85% - - -
 
Utilities - 6.85% - -
 
Gas, Water & Multiutilities - - 4.04% -
 
Multiutilities - - - 2.22%
 
Water - - - 1.10%
 
Gas Distribution - - - 0.72%
 
Electricity - - 2.81% -
 
Conventional Electricity - - - 1.81%
 
Alternative Electricity - - - 1.00%
 
Equities 14.16% - - -
 
Government 6.90% - - -
 
Government - 6.90% - -
 
Government - - 6.90% -
 
Government - - - 6.90%
 
Corporate Bonds 1.38% - - -
 
Corporate Bonds - 1.38% - -
 
Corporate Bonds - - 1.38% -
 
Corporate Bonds - - - 1.38%
 
Alternative Trading Strategies 0.89% - - -
 
Alternative Trading Strategies - 0.89% - -
 
Alternative Trading Strategies - - 0.89% -
 
Alternative Trading Strategies - - - 0.89%
 
Non-Classified 25.56% - - -
 
Cash and Equivalents 3.65% - - -

Regional Allocation

pie chart
  UK 43.73%
  Developed Europe - Excl UK 32.12%
  North America 13.01%
  Non-Classified 3.82%
  Cash and Equivalents 3.65%
  Australia & New Zealand 2.14%
  South & Central America 1.53%

Fixed Interest Currencies

pie chart
  Pound Sterling 37.22%
  US Dollar 29.26%
  Non-Fixed Interest Assets 16.45%
  Euro 13.42%
  Cash 3.65%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 43.73% -
 
United Kingdom - 43.00%
 
Jersey - 0.73%
 
Developed Europe - Excl UK 32.12% -
 
France - 6.82%
 
Luxembourg - 5.08%
 
Germany - 4.30%
 
Netherlands - 3.75%
 
Spain - 2.40%
 
Italy - 2.21%
 
Ireland - 1.95%
 
Switzerland - 1.74%
 
Denmark - 1.14%
 
Portugal - 1.10%
 
Norway - 0.95%
 
Belgium - 0.68%
 
North America 13.01% -
 
United States - 11.40%
 
Bermuda - 0.99%
 
Canada - 0.62%
 
Non-Classified 3.82% -
 
Cash and Equivalents 3.65% -
 
Australia & New Zealand 2.14% -
 
Australia - 2.14%
 
South & Central America 1.53% -
 
Mexico - 1.10%
 
Cayman Islands - 0.43%

Breakdown By Market Cap (%)

Mega
 
 
6.16%
Large
 
 
3.85%
Medium
 
 
3.14%
Small
 
 
0.26%
Non-Classified
 
 
3.04%
Bonds
 
 
79.90%
Cash
 
 
3.65%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
50.34%
5Yr - 10Yr Maturity
 
 
24.72%
Cash And Equivalents
 
 
3.65%
> 15Yr Maturity
 
 
3.48%
10Yr - 15Yr Maturity
 
 
1.36%
Unknown Maturity
 
 
0.68%
Other Asset Types
 
 
15.77%

Fixed Interest Quality Profile

BBB
 
 
15.24%
AA
 
 
6.90%
A
 
 
3.02%
AAA
 
 
1.90%
Sub-Investment Grade
 
 
29.46%
Unknown Quality
 
 
23.38%
Cash and Equivalents
 
 
3.65%
Other Asset Types
 
 
16.45%

Top 10 Holdings

Stock % Weight Sector Country
1 1¾% Treasury Gilt 2022 3.73% Bonds United Kingdom
2 ¾% Treasury Gilt 2023 3.17% Bonds United Kingdom
3 US TREASURY N/B 3.125% 11/15/2028 1.90% Bonds United States
4 PHOENIX GRP HLD PLC 1.35% Life Insurance United Kingdom
5 RWE AG CALLABLE NOTES VARIABLE GBP 100000 1.13% Gas, Water & Multiutilities Germany
6 AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.10% Mobile Telecommunications Mexico
7 NGG FINANCE PLC 5.625% VAR 2073 1.09% Gas, Water & Multiutilities United Kingdom
8 BURFORD CAPITAL LTD USD 6.125% 2025 (NEW) 1.08% Bonds United Kingdom
9 ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.07% Nonlife Insurance Non-Classified
10 TULLOW OIL PLC CALLABLE NOTES FIXED 7% 01/MAR/2025 USD 1000 1.04% Bonds United Kingdom

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 B3BW038
Mex Code PUARTE
Isin Code GB00B3BW0386
Citi Code D9U3

Fund Charges

Base Annual Management Charge (AMC) 1.50%
Additional Charges 0.07%
Total Charges 1.57%

Aims and Benchmark

Aims The investment strategy of the fund is to purchase units in the Artemis High Income Fund. That 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
FE Crown Crown Rating of 1

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.