Prudential Artemis High Income S4

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

Performance

Discrete performance - to last month end

30/11/14
to
30/11/15
30/11/15
to
30/11/16
30/11/16
to
30/11/17
30/11/17
to
30/11/18
30/11/18
to
30/11/19
Fund 2.0% 3.6% 6.5% -4.7% 5.8%
Sector 0.9% 3.1% 4.8% -2.9% 6.4%
Rank 40/133 65/133 42/137 132/137 84/137
Quartile 2 2 2 4 3

Annualised performance

Annualised
3 Years to
30/11/19
5 Years to
30/11/19
10 Years to
30/11/19
Fund 2.4% 2.6% 5.0%
Sector 2.7% 2.4% 4.1%
Rank 103/137 77/133 40/103
Quartile 3 3 2

Top 10 Holdings

Stock % Weight
US TREASURY N/B 3.125% 11/15/2028 5.48
US TREASURY N/B 2.625% 02/15/2029 5.28
ELECTRICITE DE FRANCE SA 6% EMTN 1.38
RBS CAPITAL TRUST II 6.425% 1.25
ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.22
CREDIT SUISSE GROUP AG CALLABLE NOTES VARIABLE 29/DEC/2049 USD 1000 1.17
NGG FINANCE PLC 5.625% VAR 2073 1.17
ORANGE SA 5.875% PERP RegS 1.14
AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.12
SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.09
Total 20.31

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 10 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 (04/12/2019) 178.60
Offer (04/12/2019) 188.00
Fund size (31/10/2019) £5.39m
Underlying Fund size £1185.98m
Number of holdings 146
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.07%
Yearly Total 1.82%

Asset Allocation

pie chart
  International Bonds 52.73%
  UK Corporate Bonds 27.93%
  UK Equities 7.78%
  International Equities 7.26%
  Cash and Equivalents 2.37%
  Investment Trusts 0.64%
  Other Assets 1.29%
Portfolio data accurate as at: 31/10/19

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 52.73%
  UK Corporate Bonds 27.93%
  UK Equities 7.78%
  International Equities 7.26%
  Cash and Equivalents 2.37%
  Investment Trusts 0.64%
  Other Assets 1.29%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 0.64% - - -
 
Financial Services - 0.64% - -
 
Equity Investment Instruments - - 0.64% -
 
Equity Investment Instruments - - - 0.64%
 
Equities 15.04% - - -
 
Corporate Bonds 1.16% - - -
 
Corporate Bonds - 1.16% - -
 
Corporate Bonds - - 1.16% -
 
Corporate Bonds - - - 1.16%
 
Non-Classified 80.79% - - -
 
Cash and Equivalents 2.37% - - -

Regional Allocation

pie chart
  UK 35.71%
  Developed Europe - Excl UK 33.59%
  North America 20.77%
  Non-Classified 3.68%
  Cash and Equivalents 2.37%
  Australia & New Zealand 2.24%
  South & Central America 1.64%

Fixed Interest Currencies

pie chart
  US Dollar 39.39%
  Pound Sterling 28.47%
  Non-Fixed Interest Assets 16.97%
  Euro 12.80%
  Cash 2.37%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 35.71% -
 
United Kingdom - 35.71%
 
Developed Europe - Excl UK 33.59% -
 
France - 8.61%
 
Netherlands - 4.89%
 
Italy - 3.22%
 
Switzerland - 3.12%
 
Germany - 2.87%
 
Luxembourg - 2.72%
 
Ireland - 1.93%
 
Spain - 1.60%
 
Denmark - 1.22%
 
Portugal - 1.05%
 
Norway - 0.96%
 
Belgium - 0.77%
 
Sweden - 0.63%
 
North America 20.77% -
 
United States - 20.77%
 
Non-Classified 3.68% -
 
Cash and Equivalents 2.37% -
 
Australia & New Zealand 2.24% -
 
Australia - 2.24%
 
South & Central America 1.64% -
 
Mexico - 1.12%
 
Cayman Islands - 0.52%

Breakdown By Market Cap (%)

Mega
 
 
7.26%
Large
 
 
5.09%
Medium
 
 
1.88%
Non-Classified
 
 
2.73%
Bonds
 
 
80.66%
Cash
 
 
2.37%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
36.59%
5Yr - 10Yr Maturity
 
 
32.68%
> 15Yr Maturity
 
 
9.66%
Cash And Equivalents
 
 
2.37%
10Yr - 15Yr Maturity
 
 
1.74%
Unknown Maturity
 
 
1.29%
Other Asset Types
 
 
15.68%

Fixed Interest Quality Profile

BBB
 
 
16.32%
AAA
 
 
10.77%
A
 
 
2.92%
Sub-Investment Grade
 
 
25.55%
Unknown Quality
 
 
25.10%
Cash and Equivalents
 
 
2.37%
Other Asset Types
 
 
16.97%

Top 10 Holdings

Stock % Weight Sector Country
1 US TREASURY N/B 3.125% 11/15/2028 5.48% Bonds United States
2 US TREASURY N/B 2.625% 02/15/2029 5.28% Bonds United States
3 ELECTRICITE DE FRANCE SA 6% EMTN 1.38% Non-Classified France
4 RBS CAPITAL TRUST II 6.425% 1.25% Non-Classified United States
5 ARGENTUM NETHERLANDS BV FOR SWISS RE LTD CALLABLE BOND VARIABLE 15/AUG/2050 USD 1000 1.22% Non-Classified Non-Classified
6 CREDIT SUISSE GROUP AG CALLABLE NOTES VARIABLE 29/DEC/2049 USD 1000 1.17% Non-Classified Switzerland
7 NGG FINANCE PLC 5.625% VAR 2073 1.17% Non-Classified United Kingdom
8 ORANGE SA 5.875% PERP RegS 1.14% Non-Classified France
9 AMERICA MOVIL SAB DE CV CALLABLE NOTES VARIABLE 06/SEP/2073 GBP 1000 1.12% Non-Classified Mexico
10 SOCIETE GENERALE SA CALLABLE NOTES VARIABLE USD 1000 1.09% Non-Classified France

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 B3BW049
Mex Code PUAHIG
Isin Code GB00B3BW0493
Citi Code D9U4

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.07%
Yearly Total 1.82%

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

FE Crown Crown Rating of 1

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.