Prudential Artemis High Income S5

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

Performance

Discrete performance - to last month end

30/09/14
to
30/09/15
30/09/15
to
30/09/16
30/09/16
to
30/09/17
30/09/17
to
30/09/18
30/09/18
to
30/09/19
Fund 0.3% 5.5% 5.6% -0.8% 0.4%
Sector 0.6% 5.4% 3.1% -0.9% 4.3%
Rank 78/133 71/133 26/136 70/137 134/137
Quartile 3 3 1 3 4

Annualised performance

Annualised
3 Years to
30/09/19
5 Years to
30/09/19
10 Years to
30/09/19
Fund 1.7% 2.2% 4.8%
Sector 2.2% 2.5% 4.3%
Rank 105/136 84/133 40/100
Quartile 4 3 2

Top 10 Holdings

Stock % Weight
US TREASURY N/B 3.125% 11/15/2028 5.91
US TREASURY N/B 2.625% 02/15/2029 5.32
ELECTRICITE DE FRANCE SA 6% EMTN 1.40
ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.29
RBS CAPITAL TRUST II 6.425% 1.28
CREDIT SUISSE GROUP AG CALLABLE NOTES VARIABLE 29/DEC/2049 USD 1000 1.23
SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.16
NGG FINANCE PLC 5.625% VAR 2073 1.16
ORANGE SA 5.875% PERP RegS 1.14
AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.13
Total 21.02

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 8 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 (22/10/2019) 171.90
Offer n/a
Fund size (31/07/2019) £5.75m
Underlying Fund size £1186.74m
Number of holdings 148
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 2.05%
Further Costs 0.07%
Yearly Total 2.12%

Asset Allocation

pie chart
  International Bonds 55.33%
  UK Corporate Bonds 28.80%
  International Equities 6.67%
  UK Equities 6.44%
  Cash and Equivalents 0.85%
  Investment Trusts 0.59%
  Other Assets 1.31%
Portfolio data accurate as at: 31/08/19

Important Information

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 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 55.33%
  UK Corporate Bonds 28.80%
  International Equities 6.67%
  UK Equities 6.44%
  Cash and Equivalents 0.85%
  Investment Trusts 0.59%
  Other Assets 1.31%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Consumer Services 6.13% - - -
 
Basic Materials 1.11% - - -
 
Basic Resources - 1.11% - -
 
Consumer Goods 0.43% - - -
 
Financials 22.63% - - -
 
Banks - 12.34% - -
 
Banks - - 12.34% -
 
Banks - - - 12.34%
 
Insurance - 7.68% - -
 
Life Insurance - - 3.96% -
 
Life Insurance - - - 3.96%
 
Financial Services - 2.60% - -
 
Equity Investment Instruments - - 0.59% -
 
Equity Investment Instruments - - - 0.59%
 
Health Care 0.51% - - -
 
Health Care - 0.51% - -
 
Industrials 2.47% - - -
 
Industrial Goods & Services - 2.08% - -
 
General Industrials - - 1.58% -
 
Diversified Industrials - - - 0.83%
 
Containers & Packaging - - - 0.74%
 
Industrial Transportation - - 0.38% -
 
Transportation Services - - - 0.38%
 
Industrial Engineering - - 0.13% -
 
Construction & Materials - 0.38% - -
 
Construction & Materials - - 0.38% -
 
Oil & Gas 1.64% - - -
 
Oil & Gas - 1.64% - -
 
Oil & Gas Producers - - 1.11% -
 
Oil & Gas Exploration & Production - - - 1.11%
 
Oil Equipment, Services & Distribution - - 0.53% -
 
Technology 1.18% - - -
 
Technology - 1.18% - -
 
Software & Computer Services - - 0.64% -
 
Software - - - 0.64%
 
Technology Hardware & Equipment - - 0.54% -
 
Computer Hardware - - - 0.54%
 
Telecommunications 2.78% - - -
 
Telecommunications - 2.78% - -
 
Utilities 4.29% - - -
 
Utilities - 4.29% - -
 
Electricity - - 2.31% -
 
Conventional Electricity - - - 2.31%
 
Equities 13.11% - - -
 
Corporate Bonds 1.87% - - -
 
Corporate Bonds - 1.87% - -
 
Corporate Bonds - - 1.87% -
 
Corporate Bonds - - - 1.87%
 
Non-Classified 41.00% - - -
 
Cash and Equivalents 0.85% - - -

Regional Allocation

pie chart
  UK 35.24%
  Developed Europe - Excl UK 34.20%
  North America 22.04%
  Non-Classified 3.74%
  Australia & New Zealand 2.26%
  South & Central America 1.67%
  Cash and Equivalents 0.85%

Fixed Interest Currencies

pie chart
  US Dollar 42.14%
  Pound Sterling 28.80%
  Non-Fixed Interest Assets 15.01%
  Euro 13.19%
  Cash 0.85%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 35.24% -
 
United Kingdom - 35.24%
 
Developed Europe - Excl UK 34.20% -
 
France - 9.48%
 
Netherlands - 4.55%
 
Luxembourg - 3.26%
 
Germany - 3.22%
 
Switzerland - 2.96%
 
Italy - 2.52%
 
Ireland - 2.01%
 
Spain - 1.87%
 
Denmark - 1.28%
 
Portugal - 1.11%
 
Norway - 1.03%
 
Belgium - 0.82%
 
Sweden - 0.10%
 
North America 22.04% -
 
United States - 21.21%
 
Bermuda - 0.83%
 
Non-Classified 3.74% -
 
Australia & New Zealand 2.26% -
 
Australia - 2.26%
 
South & Central America 1.67% -
 
Mexico - 1.13%
 
Cayman Islands - 0.54%
 
Cash and Equivalents 0.85% -

Breakdown By Market Cap (%)

Mega
 
 
7.23%
Large
 
 
2.53%
Medium
 
 
2.53%
Small
 
 
0.03%
Non-Classified
 
 
2.70%
Bonds
 
 
84.13%
Cash
 
 
0.85%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
41.79%
5Yr - 10Yr Maturity
 
 
32.09%
> 15Yr Maturity
 
 
8.50%
10Yr - 15Yr Maturity
 
 
1.76%
Unknown Maturity
 
 
1.31%
Cash And Equivalents
 
 
0.85%
Other Asset Types
 
 
13.70%

Fixed Interest Quality Profile

BBB
 
 
17.18%
AAA
 
 
11.23%
A
 
 
3.04%
Sub-Investment Grade
 
 
27.21%
Unknown Quality
 
 
25.47%
Cash and Equivalents
 
 
0.85%
Other Asset Types
 
 
15.01%

Top 10 Holdings

Stock % Weight Sector Country
1 US TREASURY N/B 3.125% 11/15/2028 5.91% Bonds United States
2 US TREASURY N/B 2.625% 02/15/2029 5.32% Bonds United States
3 ELECTRICITE DE FRANCE SA 6% EMTN 1.40% Electricity France
4 ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.29% Nonlife Insurance Non-Classified
5 RBS CAPITAL TRUST II 6.425% 1.28% Banks United States
6 CREDIT SUISSE GROUP AG CALLABLE NOTES VARIABLE 29/DEC/2049 USD 1000 1.23% Banks Switzerland
7 SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.16% Banks France
8 NGG FINANCE PLC 5.625% VAR 2073 1.16% Gas, Water & Multiutilities United Kingdom
9 ORANGE SA 5.875% PERP RegS 1.14% Fixed Line Telecommunications France
10 AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.13% Mobile Telecommunications Mexico

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 B3BW050
Mex Code PUAHIN
Isin Code GB00B3BW0501
Citi Code D9U5

Fund Charges

Annual Management Charge (AMC) 2.05%
Further Costs 0.07%
Yearly Total 2.12%

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

Important Information

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

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 (PACL), 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.