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

31/05/14
to
31/05/15
31/05/15
to
31/05/16
31/05/16
to
31/05/17
31/05/17
to
31/05/18
31/05/18
to
31/05/19
Fund 4.4% 0.7% 10.3% 0.9% 2.5%
Sector 3.6% 0.2% 7.5% 0.0% 2.3%
Rank 75/143 67/149 28/153 43/155 69/155
Quartile 3 2 1 2 2

Annualised performance

Annualised
3 Years to
31/05/19
5 Years to
31/05/19
10 Years to
31/05/19
Fund 4.5% 3.7% n/a
Sector 3.2% 2.7% 7.0%
Rank 22/153 38/143 n/a
Quartile 1 2 n/a

Top 10 Holdings

Stock % Weight
¾% Treasury Gilt 2023 9.72
US TREASURY N/B 3.125% 11/15/2028 9.58
US TREASURY N/B 2.625% 02/15/2029 7.41
1½% Treasury Gilt 2021 4.01
HSBC BANK PLC 1.1875% 0.96
WHITBREAD GROUP PLC 3.375% 10/16/2025 0.92
NATURGY FINANCE BV 0.91
ELECTRICITE DE FRANCE SA 6% EMTN 0.91
GAZPROM (GAZ CAPITAL SA) 4.25% 04/06/2024 0.89
ORANGE SA 5.875% PERP RegS 0.89
Total 36.19

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 11 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 11 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 (14/06/2019) 188.00
Offer n/a
Fund size (31/03/2019) £3.66m
Underlying Fund size £1517.22m
Number of holdings 123
Launch date 13/07/2009

Fund Charges

Base Annual Management Charge (AMC) 1.30%
Additional Charges 0.07%
Total Charges 1.37%

Asset Allocation

pie chart
  International Bonds 50.71%
  UK Corporate Bonds 27.40%
  UK Gilts 13.72%
  Cash and Equivalents 6.90%
  Other Assets 1.28%
Portfolio data accurate as at: 30/04/19

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 gross 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 50.71%
  UK Corporate Bonds 27.40%
  UK Gilts 13.72%
  Cash and Equivalents 6.90%
  Other Assets 1.28%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 1.24% - - -
 
Basic Resources - 0.67% - -
 
Mining - - 0.67% -
 
General Mining - - - 0.67%
 
Chemicals - 0.57% - -
 
Chemicals - - 0.57% -
 
Specialty Chemicals - - - 0.57%
 
Consumer Goods 0.40% - - -
 
Automobiles & Parts - 0.40% - -
 
Automobiles & Parts - - 0.40% -
 
Auto Parts - - - 0.40%
 
Consumer Services 6.37% - - -
 
Travel & Leisure - 3.30% - -
 
Travel & Leisure - - 3.30% -
 
Hotels - - - 1.64%
 
Recreational Services - - - 0.55%
 
Restaurants & Bars - - - 0.43%
 
Travel & Tourism - - - 0.39%
 
Gambling - - - 0.29%
 
Retail - 2.21% - -
 
General Retailers - - 1.29% -
 
Specialized Consumer Services - - - 1.29%
 
Food & Drug Retailers - - 0.92% -
 
Food Retailers & Wholesalers - - - 0.92%
 
Media - 0.85% - -
 
Media - - 0.85% -
 
Broadcasting & Entertainment - - - 0.85%
 
Financials 18.03% - - -
 
Insurance - 9.49% - -
 
Nonlife Insurance - - 5.29% -
 
Full Line Insurance - - - 2.47%
 
Property & Casualty Insurance - - - 1.40%
 
Reinsurance - - - 0.85%
 
Insurance Brokers - - - 0.58%
 
Life Insurance - - 4.20% -
 
Life Insurance - - - 4.20%
 
Banks - 6.62% - -
 
Banks - - 6.62% -
 
Banks - - - 6.62%
 
Financial Services - 1.92% - -
 
Financial Services - - 1.92% -
 
Specialty Finance - - - 1.05%
 
Asset Managers - - - 0.87%
 
Consumer Finance - - - 0.00%
 
Industrials 2.35% - - -
 
Industrial Goods & Services - 2.35% - -
 
General Industrials - - 1.00% -
 
Diversified Industrials - - - 1.00%
 
Industrial Transportation - - 0.70% -
 
Transportation Services - - - 0.70%
 
Support Services - - 0.65% -
 
Financial Administration - - - 0.65%
 
Oil & Gas 3.25% - - -
 
Oil & Gas - 3.25% - -
 
Oil & Gas Producers - - 2.85% -
 
Oil & Gas Exploration & Production - - - 1.61%
 
Integrated Oil & Gas - - - 1.24%
 
Oil Equipment, Services & Distribution - - 0.40% -
 
Oil Equipment & Services - - - 0.40%
 
Technology 0.31% - - -
 
Technology - 0.31% - -
 
Technology Hardware & Equipment - - 0.31% -
 
Computer Hardware - - - 0.31%
 
Telecommunications 2.90% - - -
 
Telecommunications - 2.90% - -
 
Fixed Line Telecommunications - - 2.25% -
 
Fixed Line Telecommunications - - - 2.25%
 
Mobile Telecommunications - - 0.65% -
 
Mobile Telecommunications - - - 0.65%
 
Utilities 4.63% - - -
 
Utilities - 4.63% - -
 
Electricity - - 2.86% -
 
Conventional Electricity - - - 2.86%
 
Gas, Water & Multiutilities - - 1.77% -
 
Gas Distribution - - - 0.91%
 
Multiutilities - - - 0.86%
 
Equities 0.00% - - -
 
Government 13.72% - - -
 
Government - 13.72% - -
 
Government - - 13.72% -
 
Government - - - 13.72%
 
Corporate Bonds 1.28% - - -
 
Corporate Bonds - 1.28% - -
 
Corporate Bonds - - 1.28% -
 
Corporate Bonds - - - 1.28%
 
Non-Classified 38.62% - - -
 
Cash and Equivalents 6.90% - - -

Regional Allocation

pie chart
  UK 41.60%
  Developed Europe - Excl UK 24.46%
  North America 21.51%
  Cash and Equivalents 6.90%
  Non-Classified 2.86%
  Australia & New Zealand 1.71%
  South & Central America 0.96%

Fixed Interest Currencies

pie chart
  Pound Sterling 45.87%
  US Dollar 33.22%
  Euro 12.73%
  Cash 6.90%
  Non-Fixed Interest Assets 1.28%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 41.60% -
 
United Kingdom - 41.12%
 
Jersey - 0.48%
 
Developed Europe - Excl UK 24.46% -
 
Luxembourg - 4.57%
 
Netherlands - 4.48%
 
France - 4.32%
 
Germany - 3.79%
 
Ireland - 2.79%
 
Italy - 1.78%
 
Switzerland - 0.85%
 
Denmark - 0.81%
 
Sweden - 0.68%
 
Norway - 0.40%
 
North America 21.51% -
 
United States - 21.51%
 
Cash and Equivalents 6.90% -
 
Non-Classified 2.86% -
 
Australia & New Zealand 1.71% -
 
Australia - 1.71%
 
South & Central America 0.96% -
 
Mexico - 0.65%
 
Cayman Islands - 0.31%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
47.07%
5Yr - 10Yr Maturity
 
 
38.32%
Cash And Equivalents
 
 
6.90%
> 15Yr Maturity
 
 
4.25%
10Yr - 15Yr Maturity
 
 
2.19%
Unknown Maturity
 
 
1.28%

Fixed Interest Quality Profile

BBB
 
 
19.16%
AAA
 
 
16.99%
AA
 
 
13.72%
A
 
 
4.75%
Sub-Investment Grade
 
 
18.19%
Unknown Quality
 
 
19.02%
Cash and Equivalents
 
 
6.90%
Other Asset Types
 
 
1.28%

Top 10 Holdings

Stock % Weight Sector Country
1 ¾% Treasury Gilt 2023 9.72% Bonds United Kingdom
2 US TREASURY N/B 3.125% 11/15/2028 9.58% Bonds United States
3 US TREASURY N/B 2.625% 02/15/2029 7.41% Bonds United States
4 1½% Treasury Gilt 2021 4.01% Bonds United Kingdom
5 HSBC BANK PLC 1.1875% 0.96% Banks United Kingdom
6 WHITBREAD GROUP PLC 3.375% 10/16/2025 0.92% Travel & Leisure United Kingdom
7 NATURGY FINANCE BV 0.91% Gas, Water & Multiutilities Netherlands
8 ELECTRICITE DE FRANCE SA 6% EMTN 0.91% Electricity France
9 GAZPROM (GAZ CAPITAL SA) 4.25% 04/06/2024 0.89% Oil & Gas Producers Luxembourg
10 ORANGE SA 5.875% PERP RegS 0.89% Fixed Line Telecommunications France

Identification Codes

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

Fund Charges

Base Annual Management Charge (AMC) 1.30%
Additional Charges 0.07%
Total Charges 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

Ratings

Morningstar Analyst Rating™ Morningstar Analyst Rating of Silver
FE Crown Crown Rating of 4

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 gross 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 (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.