Prudential Artemis Strategic Bond S4
Performance
Discrete performance - to last month end
| 30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
|---|---|---|---|---|---|
| Fund | 3.1% | -0.8% | -9.8% | 1.8% | 7.2% |
| Sector | 4.3% | 0.9% | -9.6% | 2.4% | 6.8% |
| Rank | 77/115 | 107/118 | 71/118 | 80/120 | 57/120 |
| Quartile | 3 | 4 | 3 | 3 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | -0.5% | 0.1% | 1.4% | |
| Sector | -0.4% | 0.8% | 1.6% | |
| Rank | 78/118 | 83/115 | 77/114 | |
| Quartile | 3 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| UNITED KINGDOM GILT 4.125% 07/22/2029 | 2.39 |
| 4⅛% Treasury Gilt 2027 | 2.37 |
| AUSTRALIAN GOVERNMENT 1.75% 06/21/2051 | 2.11 |
| TSY INFL IX N/B 1.375% 07/15/2033 | 2.06 |
| 4½% Treasury Gilt 2028 | 1.87 |
| Wells Fargo & Co 4.875% 29/11/2035 | 1.71 |
| RAC BOND CO PLC 4.87% 05/06/2026 | 1.61 |
| BP CAP MARKETS PLC 4.25% 31/12/2049 | 1.54 |
| LLOYDS BANKING GROUP PLC 6.625% 06/02/2033 | 1.52 |
| 4⅝% Treasury Gilt 2034 | 1.49 |
| Total | 18.67 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund - the underlying fund.
Underlying Fund Objective: The fund aims to achieve a combination of income and capital growth by investing 80% to 100% in debt and debt-related securities (of any credit quality). The fund may also invest in cash and near cash , other transferable securities, other funds (up to, 10%) managed by Artemis and third part funds, money market instruments, and company shares. The fund may also use derivatives for efficient portfolio management, to reduce risk and manage the fund efficiently.
Fund Manager
Juan has degrees in both Law and Business from Carlos III University in Madrid. He began his career in 2003 at JP Morgan in Edinburgh. He joined SWIP in 2006 to manage several mandates, including its Absolute Return Bond Fund. Juan went next to Alliance Trust, where from 2012 he helped launch and then co-managed the Dynamic Bond Fund. Before joining Artemis in February 2019, Juan worked from 2015 at Kames Capital, where he co-managed Kames’ Strategic (onshore and global) Bond Funds, LBPAM Kames Absolute Return Bond Fund and Core Plus Fund. Juan is a CFA charterholder.
TBC
TBC
TBC
Fund Overview
| Bid (20/12/2024) | 168.40 |
| Offer (20/12/2024) | 177.30 |
| Fund size (31/10/2024) | £7.79m |
| Underlying Fund size | £844.38m |
| Number of holdings | 164 |
| Launch date | 20/10/2008 |
Fund Charges
| Annual Management Charge (AMC) | 1.60% |
| Further Costs | 0.11% |
| Yearly Total | 1.71% |
Asset Allocation
| International Bonds | 53.95% | |
| UK Corporate Bonds | 30.44% | |
| UK Gilts | 8.19% | |
| Alternative Trading Strategies | 0.19% | |
| Other Assets | 7.23% |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 Broadridge, 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 | 53.95% | |
| UK Corporate Bonds | 30.44% | |
| UK Gilts | 8.19% | |
| Alternative Trading Strategies | 0.19% | |
| Other Assets | 7.23% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 92.58% | - | - | - | |
| Non-Classified | 7.23% | - | - | - | |
| Alternative Trading Strategies | 0.19% | - | - | - | |
| Alternative Trading Strategies | - | 0.19% | - | - | |
| Alternative Trading Strategies | - | - | 0.19% | - | |
| Alternative Trading Strategies | - | - | - | 0.19% | |
Regional Allocation
| UK | 38.64% | |
| North America | 29.46% | |
| Developed Europe - Excl UK | 15.69% | |
| Non-Classified | 12.25% | |
| Australia & New Zealand | 3.96% |
Fixed Interest Currencies
| Pound Sterling | 58.08% | |
| US Dollar | 20.32% | |
| Euro | 13.11% | |
| Non-Fixed Interest Assets | 7.42% | |
| New Zealand Dollar | 1.07% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 38.64% | - | |
United Kingdom
|
- | 38.64% | |
| North America | 29.46% | - | |
United States
|
- | 27.30% | |
Canada
|
- | 2.17% | |
| Developed Europe - Excl UK | 15.69% | - | |
France
|
- | 4.67% | |
Netherlands
|
- | 2.89% | |
Germany
|
- | 2.15% | |
Spain
|
- | 1.78% | |
Switzerland
|
- | 1.34% | |
Luxembourg
|
- | 1.07% | |
Belgium
|
- | 0.84% | |
Sweden
|
- | 0.76% | |
Denmark
|
- | 0.19% | |
| Non-Classified | 12.25% | - | |
| Australia & New Zealand | 3.96% | - | |
Australia
|
- | 2.89% | |
New Zealand
|
- | 1.07% | |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
35.59% |
| 5Yr - 10Yr Maturity |
|
26.97% |
| 10Yr - 15Yr Maturity |
|
9.34% |
| > 15Yr Maturity |
|
20.69% |
| Unknown Maturity |
|
7.23% |
| Other Asset Types |
|
0.19% |
Fixed Interest Quality Profile
| AAA |
|
7.88% |
| AA |
|
12.38% |
| A |
|
16.03% |
| BBB |
|
16.99% |
| Sub-Investment Grade |
|
15.75% |
| Unknown Quality |
|
23.55% |
| Other Asset Types |
|
7.42% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | UNITED KINGDOM GILT 4.125% 07/22/2029 | 2.39% | Non-Classified | Non-Classified |
| 2 | 4⅛% Treasury Gilt 2027 | 2.37% | Bonds | United Kingdom |
| 3 | AUSTRALIAN GOVERNMENT 1.75% 06/21/2051 | 2.11% | Bonds | Australia |
| 4 | TSY INFL IX N/B 1.375% 07/15/2033 | 2.06% | Bonds | United States |
| 5 | 4½% Treasury Gilt 2028 | 1.87% | Bonds | United Kingdom |
| 6 | Wells Fargo & Co 4.875% 29/11/2035 | 1.71% | Bonds | United States |
| 7 | RAC BOND CO PLC 4.87% 05/06/2026 | 1.61% | Bonds | United Kingdom |
| 8 | BP CAP MARKETS PLC 4.25% 31/12/2049 | 1.54% | Bonds | United Kingdom |
| 9 | LLOYDS BANKING GROUP PLC 6.625% 06/02/2033 | 1.52% | Non-Classified | Non-Classified |
| 10 | 4⅝% Treasury Gilt 2034 | 1.49% | Bonds | United Kingdom |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 Broadridge, 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 | B3BW0D8 |
| Mex Code | PUASTR |
| Isin Code | GB00B3BW0D88 |
| Citi Code | D9V0 |
Fund Charges
| Annual Management Charge (AMC) | 1.60% |
| Further Costs | 0.11% |
| Yearly Total | 1.71% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Artemis Strategic Bond Fund - the underlying fund. Underlying Fund Objective: The fund aims to achieve a combination of income and capital growth by investing 80% to 100% in debt and debt-related securities (of any credit quality). The fund may also invest in cash and near cash , other transferable securities, other funds (up to, 10%) managed by Artemis and third part funds, money market instruments, and company shares. The fund may also use derivatives for efficient portfolio management, to reduce risk and manage the fund efficiently. |
| Benchmark | IA £ Strategic Bond NR |
| ABI Sector | Sterling Strategic Bond |
Ratings
| FE Crown |  |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -0.19 |
| Beta | 1.11 |
| Sharpe | 0.00 |
| Standard Deviation | 7.22 |
| Info Ratio | -0.19 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | Yes |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | Yes |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
High Yield Bonds
The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of performance data: FE fundinfo. 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 Broadridge, 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, 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.