Prudential FRIA Artemis Strategic Bond

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

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 3.7% 5.0% 7.4% 0.5% 3.9%
Sector 2.5% 3.5% 5.6% -0.4% 4.5%
Rank 70/149 48/151 50/155 44/157 83/157
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% 4.1% 6.7%
Sector 3.2% 3.1% 6.3%
Rank 57/155 41/149 52/92
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 Foster manager of the underlying fund for 14 years and 1 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 14 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 (16/08/2019) 191.20
Offer n/a
Fund size (30/06/2019) £3.65m
Underlying Fund size £1589.56m
Number of holdings 117
Launch date 13/07/2009

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.07%
Yearly Total 1.37%

Asset Allocation

pie chart
  International Bonds 53.51%
  UK Corporate Bonds 25.55%
  UK Gilts 13.19%
  Cash and Equivalents 6.62%
  Other Assets 1.13%
Portfolio data accurate as at: 30/06/19

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 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 53.51%
  UK Corporate Bonds 25.55%
  UK Gilts 13.19%
  Cash and Equivalents 6.62%
  Other Assets 1.13%

Bond Sector Breakdown

Expand allCollapse all
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

pie chart
  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

pie chart
  Pound Sterling 43.99%
  US Dollar 37.38%
  Euro 10.88%
  Cash 6.62%
  Non-Fixed Interest Assets 1.13%

Regional Breakdown

Expand allCollapse all
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

Identification Codes

Sedol Code B3RQ7K0
Mex Code PUASTG
Isin Code GB00B3RQ7K07
Citi Code FNI2

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.07%
Yearly Total 1.37%

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.

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