Prudential Artemis Strategic Bond Ser A
Performance
Discrete performance - to last month end
| 31/07/14 to 31/07/15 |
31/07/15 to 31/07/16 |
31/07/16 to 31/07/17 |
31/07/17 to 31/07/18 |
31/07/18 to 31/07/19 |
|
|---|---|---|---|---|---|
| Fund | 3.6% | 4.9% | 7.4% | 0.6% | 3.8% |
| Sector | 2.5% | 3.5% | 5.6% | -0.4% | 4.5% |
| Rank | 72/149 | 50/151 | 53/155 | 41/157 | 87/157 |
| Quartile | 2 | 2 | 2 | 2 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/19 |
5 Years to 31/07/19 |
10 Years to 31/07/19 |
||
| Fund | 3.9% | 4.0% | 6.7% | |
| Sector | 3.2% | 3.1% | 6.3% | |
| Rank | 59/155 | 43/149 | 53/92 | |
| Quartile | 2 | 2 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| US TREASURY N/B 3.125% 11/15/2028 | 9.76 |
| ¾% Treasury Gilt 2023 | 9.36 |
| US TREASURY N/B 2.625% 02/15/2029 | 9.12 |
| 1½% Treasury Gilt 2021 | 3.83 |
| US TREASURY N/B 2.375% 05/15/2029 | 3.07 |
| NATURGY FINANCE BV | 0.92 |
| HSBC BANK PLC 1.1875% | 0.91 |
| WHITBREAD GROUP PLC 3.375% 10/16/2025 | 0.89 |
| ELECTRICITE DE FRANCE SA 6% EMTN | 0.88 |
| GAZPROM (GAZ CAPITAL SA) 4.25% 04/06/2024 | 0.87 |
| Total | 39.60 |
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 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 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 (16/08/2019) | 202.30 |
| Offer (16/08/2019) | 212.90 |
| Fund size (30/06/2019) | £3.65m |
| Underlying Fund size | £1589.56m |
| Number of holdings | 117 |
| Launch date | 20/10/2008 |
Fund Charges
| Annual Management Charge (AMC) | 1.40% |
| Further Costs | 0.00% |
| Yearly Total | 1.40% |
Asset Allocation
| International Bonds | 53.51% | |
| UK Corporate Bonds | 25.55% | |
| UK Gilts | 13.19% | |
| Cash and Equivalents | 6.62% | |
| Other Assets | 1.13% |
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 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.
Asset Allocation
| International Bonds | 53.51% | |
| UK Corporate Bonds | 25.55% | |
| UK Gilts | 13.19% | |
| Cash and Equivalents | 6.62% | |
| Other Assets | 1.13% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Consumer Services | 5.89% | - | - | - | |
| Basic Materials | 1.22% | - | - | - | |
| Basic Resources | - | 0.64% | - | - | |
| Chemicals | - | 0.58% | - | - | |
| Chemicals | - | - | 0.58% | - | |
| Specialty Chemicals | - | - | - | 0.58% | |
| Consumer Goods | 0.38% | - | - | - | |
| Financials | 17.61% | - | - | - | |
| Insurance | - | 9.33% | - | - | |
| Life Insurance | - | - | 4.09% | - | |
| Life Insurance | - | - | - | 4.09% | |
| Banks | - | 6.47% | - | - | |
| Banks | - | - | 6.47% | - | |
| Banks | - | - | - | 6.47% | |
| Financial Services | - | 1.81% | - | - | |
| Industrials | 2.28% | - | - | - | |
| Industrial Goods & Services | - | 2.28% | - | - | |
| General Industrials | - | - | 0.96% | - | |
| Diversified Industrials | - | - | - | 0.96% | |
| Industrial Transportation | - | - | 0.68% | - | |
| Transportation Services | - | - | - | 0.68% | |
| Oil & Gas | 2.80% | - | - | - | |
| Oil & Gas | - | 2.80% | - | - | |
| Oil & Gas Producers | - | - | 2.41% | - | |
| Oil & Gas Exploration & Production | - | - | - | 1.11% | |
| Oil Equipment, Services & Distribution | - | - | 0.39% | - | |
| Technology | 0.31% | - | - | - | |
| Technology | - | 0.31% | - | - | |
| Technology Hardware & Equipment | - | - | 0.31% | - | |
| Computer Hardware | - | - | - | 0.31% | |
| Telecommunications | 2.21% | - | - | - | |
| Telecommunications | - | 2.21% | - | - | |
| Utilities | 4.56% | - | - | - | |
| Utilities | - | 4.56% | - | - | |
| Electricity | - | - | 2.82% | - | |
| Conventional Electricity | - | - | - | 2.82% | |
| Equities | 0.00% | - | - | - | |
| Government | 13.19% | - | - | - | |
| Government | - | 13.19% | - | - | |
| Government | - | - | 13.19% | - | |
| Government | - | - | - | 13.19% | |
| Corporate Bonds | 1.23% | - | - | - | |
| Corporate Bonds | - | 1.23% | - | - | |
| Corporate Bonds | - | - | 1.23% | - | |
| Corporate Bonds | - | - | - | 1.23% | |
| Non-Classified | 41.70% | - | - | - | |
| Cash and Equivalents | 6.62% | - | - | - | |
Regional Allocation
| UK | 39.21% | |
| North America | 26.78% | |
| Developed Europe - Excl UK | 22.12% | |
| Cash and Equivalents | 6.62% | |
| Non-Classified | 2.74% | |
| Australia & New Zealand | 1.61% | |
| South & Central America | 0.93% |
Fixed Interest Currencies
| Pound Sterling | 43.99% | |
| US Dollar | 37.38% | |
| Euro | 10.88% | |
| Cash | 6.62% | |
| Non-Fixed Interest Assets | 1.13% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 39.21% | - | |
United Kingdom
|
- | 38.74% | |
Jersey
|
- | 0.46% | |
| North America | 26.78% | - | |
United States
|
- | 26.78% | |
| Developed Europe - Excl UK | 22.12% | - | |
Netherlands
|
- | 4.33% | |
France
|
- | 4.07% | |
Luxembourg
|
- | 3.76% | |
Germany
|
- | 3.00% | |
Ireland
|
- | 2.48% | |
Italy
|
- | 1.74% | |
Switzerland
|
- | 0.85% | |
Denmark
|
- | 0.82% | |
Sweden
|
- | 0.69% | |
Norway
|
- | 0.39% | |
| Cash and Equivalents | 6.62% | - | |
| Non-Classified | 2.74% | - | |
| Australia & New Zealand | 1.61% | - | |
Australia
|
- | 1.61% | |
| South & Central America | 0.93% | - | |
Mexico
|
- | 0.62% | |
Cayman Islands
|
- | 0.31% | |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
44.27% |
| 5Yr - 10Yr Maturity |
|
42.81% |
| Cash And Equivalents |
|
6.62% |
| > 15Yr Maturity |
|
3.97% |
| 10Yr - 15Yr Maturity |
|
1.21% |
| Unknown Maturity |
|
1.13% |
Fixed Interest Quality Profile
| AAA |
|
21.95% |
| BBB |
|
18.62% |
| AA |
|
13.19% |
| A |
|
5.45% |
| Sub-Investment Grade |
|
16.01% |
| Unknown Quality |
|
17.04% |
| Cash and Equivalents |
|
6.62% |
| Other Asset Types |
|
1.13% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | US TREASURY N/B 3.125% 11/15/2028 | 9.76% | Bonds | United States |
| 2 | ¾% Treasury Gilt 2023 | 9.36% | Bonds | United Kingdom |
| 3 | US TREASURY N/B 2.625% 02/15/2029 | 9.12% | Bonds | United States |
| 4 | 1½% Treasury Gilt 2021 | 3.83% | Bonds | United Kingdom |
| 5 | US TREASURY N/B 2.375% 05/15/2029 | 3.07% | Bonds | United States |
| 6 | NATURGY FINANCE BV | 0.92% | Gas, Water & Multiutilities | Netherlands |
| 7 | HSBC BANK PLC 1.1875% | 0.91% | Banks | United Kingdom |
| 8 | WHITBREAD GROUP PLC 3.375% 10/16/2025 | 0.89% | Travel & Leisure | United Kingdom |
| 9 | ELECTRICITE DE FRANCE SA 6% EMTN | 0.88% | Electricity | France |
| 10 | GAZPROM (GAZ CAPITAL SA) 4.25% 04/06/2024 | 0.87% | Oil & Gas Producers | Luxembourg |
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 | B3BW0G1 |
| Mex Code | PUASBD |
| Isin Code | GB00B3BW0G10 |
| Citi Code | D9K7 |
Fund Charges
| Annual Management Charge (AMC) | 1.40% |
| Further Costs | 0.00% |
| Yearly Total | 1.40% |
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 |
| Sector | ABI 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 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.
"Prudential" is a trading name of The Prudential Assurance Company Limited (PACL), which is registered in England and Wales. This name is also used by other companies within the Prudential Group. 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.
