Prudential Artemis SmartGARP European Equity 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 | -7.8% | 15.5% | 2.2% | 13.0% | 11.8% |
| Sector | 6.5% | 12.5% | -6.2% | 7.8% | 5.1% |
| Rank | 171/174 | 30/174 | 16/174 | 8/174 | 12/175 |
| Quartile | 4 | 1 | 1 | 1 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | 8.9% | 6.6% | 6.5% | |
| Sector | 2.1% | 5.0% | 6.2% | |
| Rank | 5/174 | 36/174 | 86/168 | |
| Quartile | 1 | 1 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| UNICREDIT SOCIETA' PER AZIONI | 5.66 |
| NOVARTIS AG | 4.24 |
| TALANX AKTIENGESELLSCHAFT | 3.34 |
| BPER BANCA S.P.A. | 2.90 |
| BETSSON AB | 2.37 |
| H. LUNDBECK A/S | 2.32 |
| UNIPOL GRUPPO S.P.A. | 2.26 |
| MAIRE S.P.A. | 2.16 |
| PROSUS N.V. | 2.09 |
| AGEAS SA/NV | 2.04 |
| Total | 29.38 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Artemis SmartGARP European Equity Fund - the underlying fund.
Underlying Fund Objective: The fund aims to provide long-term capital growth through investment principally in companies in Europe (excluding the UK). The Manager actively manages the portfolio and will not be restricted in the choice of investments either by company size or industry, or in terms of the geographical split of the portfolio.The fund can invest 80%-100% in company shares and up to 20% may be held in bonds, cash, near cash and other transferable securities. The fund may use derivatives in order to reduce risk and efficient portfolio management.
Fund Manager
Philip is a partner, a member of the management committee and the creator of an investment process (SmartGARP™) which Artemis uses to help choose stocks for five of its funds. He has managed the Artemis European Growth Fund since its launch in March 2001 and the Artemis Capital Fund since July 2010. He joined Artemis in February 2001 from Merrill Lynch, where he was head of pan-European equity strategy. He holds a BA and an MA in economics.
Fund Overview
| Bid (27/12/2024) | 211.20 |
| Offer (27/12/2024) | 222.40 |
| Fund size (31/10/2024) | £1.92m |
| Underlying Fund size | £249.50m |
| Number of holdings | 90 |
| Launch date | 19/06/2006 |
Fund Charges
| Annual Management Charge (AMC) | 1.85% |
| Further Costs | 0.15% |
| Yearly Total | 2.00% |
Asset Allocation
| International Equities | 97.31% | |
| UK Equities | 2.69% |
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 Equities | 97.31% | |
| UK Equities | 2.69% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 38.63% | - | - | - | |
| Banks | - | 20.32% | - | - | |
| Banks | - | - | 20.32% | - | |
| Banks | - | - | - | 20.32% | |
| Insurance | - | 15.59% | - | - | |
| Non-life Insurance | - | - | 10.54% | - | |
| Reinsurance | - | - | - | 5.29% | |
| Full Line Insurance | - | - | - | 2.92% | |
| Property & Casualty Insurance | - | - | - | 2.33% | |
| Life Insurance | - | - | 5.05% | - | |
| Life Insurance | - | - | - | 5.05% | |
| Financial Services | - | 2.72% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.72% | - | |
| Asset Managers & Custodians | - | - | - | 2.72% | |
| Industrials | 13.35% | - | - | - | |
| Industrial Goods & Services | - | 7.21% | - | - | |
| Industrial Transportation | - | - | 5.45% | - | |
| Commercial Vehicles & Parts | - | - | - | 3.16% | |
| Marine Transportation | - | - | - | 0.99% | |
| Transportation Services | - | - | - | 0.80% | |
| Delivery Services | - | - | - | 0.51% | |
| Industrial Support Services | - | - | 1.75% | - | |
| Industrial Suppliers | - | - | - | 1.75% | |
| Construction & Materials | - | 6.15% | - | - | |
| Construction & Materials | - | - | 6.15% | - | |
| Cement | - | - | - | 2.54% | |
| Engineering & Contracting Services | - | - | - | 2.16% | |
| Construction | - | - | - | 1.45% | |
| Health Care | 12.53% | - | - | - | |
| Health Care | - | 12.53% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 12.01% | - | |
| Pharmaceuticals | - | - | - | 12.01% | |
| Medical Equipment & Services | - | - | 0.52% | - | |
| Medical Services | - | - | - | 0.52% | |
| Consumer Discretionary | 10.96% | - | - | - | |
| Travel & Leisure | - | 4.28% | - | - | |
| Travel & Leisure | - | - | 4.28% | - | |
| Casinos & Gambling | - | - | - | 4.28% | |
| Media | - | 2.77% | - | - | |
| Media | - | - | 2.77% | - | |
| Radio & TV Broadcasters | - | - | - | 2.77% | |
| Consumer Products & Services | - | 1.96% | - | - | |
| Household Goods & Home Construction | - | - | 1.68% | - | |
| Household Equipment & Products | - | - | - | 1.68% | |
| Leisure Goods | - | - | 0.29% | - | |
| Recreational Products | - | - | - | 0.29% | |
| Retail | - | 1.36% | - | - | |
| Retailers | - | - | 1.36% | - | |
| Specialty Retailers | - | - | - | 1.36% | |
| Automobiles & Parts | - | 0.59% | - | - | |
| Automobiles & Parts | - | - | 0.59% | - | |
| Auto Parts | - | - | - | 0.59% | |
| Consumer Staples | 7.07% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 3.57% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.57% | - | |
| Food Retailers & Wholesalers | - | - | - | 2.46% | |
| Personal Products | - | - | - | 1.11% | |
| Food, Beverage & Tobacco | - | 3.50% | - | - | |
| Food Producers | - | - | 2.20% | - | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 1.36% | |
| Fruit & Grain Processing | - | - | - | 0.84% | |
| Beverages | - | - | 1.30% | - | |
| Soft Drinks | - | - | - | 1.30% | |
| Utilities | 3.74% | - | - | - | |
| Utilities | - | 3.74% | - | - | |
| Gas, Water & Multi-utilities | - | - | 2.59% | - | |
| Multi-Utilities | - | - | - | 2.16% | |
| Gas Distribution | - | - | - | 0.43% | |
| Electricity | - | - | 1.15% | - | |
| Conventional Electricity | - | - | - | 1.15% | |
| Energy | 3.65% | - | - | - | |
| Energy | - | 3.65% | - | - | |
| Non-Renewable Energy | - | - | 3.65% | - | |
| Oil Equipment & Services | - | - | - | 2.46% | |
| Integrated Oil & Gas | - | - | - | 1.19% | |
| Technology | 3.58% | - | - | - | |
| Technology | - | 3.58% | - | - | |
| Software & Computer Services | - | - | 3.58% | - | |
| Consumer Digital Services | - | - | - | 2.09% | |
| Computer Services | - | - | - | 1.49% | |
| Telecommunications | 3.04% | - | - | - | |
| Telecommunications | - | 3.04% | - | - | |
| Telecommunications Service Providers | - | - | 3.04% | - | |
| Telecommunications Services | - | - | - | 3.04% | |
| Basic Materials | 2.76% | - | - | - | |
| Chemicals | - | 1.49% | - | - | |
| Chemicals | - | - | 1.49% | - | |
| Specialty Chemicals | - | - | - | 1.49% | |
| Basic Resources | - | 1.27% | - | - | |
| Industrial Metals & Mining | - | - | 1.02% | - | |
| Nonferrous Metals | - | - | - | 0.74% | |
| Copper | - | - | - | 0.27% | |
| Industrial Materials | - | - | 0.25% | - | |
| Paper | - | - | - | 0.25% | |
| Real Estate | 0.68% | - | - | - | |
| Real Estate | - | 0.68% | - | - | |
| Real Estate Investment Trusts | - | - | 0.68% | - | |
| Office REITs | - | - | - | 0.68% | |
| Non-Classified | 0.00% | - | - | - | |
Regional Allocation
| Developed Europe - Excl UK | 81.76% | |
| Emerging Europe | 12.37% | |
| UK | 2.69% | |
| Middle East & Africa | 1.67% | |
| Non-Classified | 1.51% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.66% | |
| Swedish Krona | 1.21% | |
| Cash | 0.13% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Europe - Excl UK | 81.76% | - | |
Italy
|
- | 21.84% | |
Germany
|
- | 13.85% | |
Spain
|
- | 10.23% | |
France
|
- | 8.00% | |
Netherlands
|
- | 5.02% | |
Sweden
|
- | 4.94% | |
Switzerland
|
- | 4.24% | |
Portugal
|
- | 3.11% | |
Norway
|
- | 2.46% | |
Denmark
|
- | 2.32% | |
Belgium
|
- | 2.28% | |
Austria
|
- | 2.06% | |
Ireland
|
- | 0.90% | |
Luxembourg
|
- | 0.52% | |
| Emerging Europe | 12.37% | - | |
Greece
|
- | 4.99% | |
Hungary
|
- | 3.68% | |
Turkey
|
- | 3.25% | |
Poland
|
- | 0.46% | |
Russian Federation
|
- | 0.00% | |
| UK | 2.69% | - | |
United Kingdom
|
- | 2.69% | |
| Middle East & Africa | 1.67% | - | |
Israel
|
- | 1.67% | |
| Non-Classified | 1.51% | - | |
Breakdown By Market Cap (%)
| Mega |
|
24.41% |
| Large |
|
22.34% |
| Medium |
|
37.73% |
| Small |
|
7.07% |
| Micro |
|
1.75% |
| Non-Classified |
|
6.71% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | UNICREDIT SOCIETA' PER AZIONI | 5.66% | Banks | Italy |
| 2 | NOVARTIS AG | 4.24% | Pharmaceuticals & Biotechnology | Switzerland |
| 3 | TALANX AKTIENGESELLSCHAFT | 3.34% | Non-life Insurance | Germany |
| 4 | BPER BANCA S.P.A. | 2.90% | Banks | Italy |
| 5 | BETSSON AB | 2.37% | Travel & Leisure | Sweden |
| 6 | H. LUNDBECK A/S | 2.32% | Pharmaceuticals & Biotechnology | Denmark |
| 7 | UNIPOL GRUPPO S.P.A. | 2.26% | Non-life Insurance | Italy |
| 8 | MAIRE S.P.A. | 2.16% | Construction & Materials | Italy |
| 9 | PROSUS N.V. | 2.09% | Software & Computer Services | Netherlands |
| 10 | AGEAS SA/NV | 2.04% | Life Insurance | Belgium |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 3.58% | - | - | - | - | - | - | 3.58% |
| Telecommunications | - | 3.04% | - | - | - | - | - | - | 3.04% |
| Financials | 1.10% | 37.53% | - | - | - | - | - | - | 38.63% |
| Real Estate | - | 0.68% | - | - | - | - | - | - | 0.68% |
| Consumer Discretionary | - | 10.96% | - | - | - | - | - | - | 10.96% |
| Consumer Staples | - | 7.07% | - | - | - | - | - | - | 7.07% |
| Energy | - | 3.65% | - | - | - | - | - | - | 3.65% |
| Utilities | - | 3.74% | - | - | - | - | - | - | 3.74% |
| Health Care | 1.58% | 10.95% | - | - | - | - | - | - | 12.53% |
| Industrials | - | 13.35% | - | - | - | - | - | - | 13.35% |
| Basic Materials | - | 2.76% | - | - | - | - | - | - | 2.76% |
| Non-Classified | - | - | - | - | - | - | - | - | - |
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 | B10SRP4 |
| Mex Code | PUAEGT |
| Isin Code | GB00B10SRP44 |
| Citi Code | EP86 |
Fund Charges
| Annual Management Charge (AMC) | 1.85% |
| Further Costs | 0.15% |
| Yearly Total | 2.00% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Artemis SmartGARP European Equity Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide long-term capital growth through investment principally in companies in Europe (excluding the UK). The Manager actively manages the portfolio and will not be restricted in the choice of investments either by company size or industry, or in terms of the geographical split of the portfolio.The fund can invest 80%-100% in company shares and up to 20% may be held in bonds, cash, near cash and other transferable securities. The fund may use derivatives in order to reduce risk and efficient portfolio management. |
| Benchmark | FTSE World Europe ex UK TR |
| ABI Sector | Europe excluding UK Equities |
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 | 7.19 |
| Beta | 0.89 |
| Sharpe | 0.41 |
| Standard Deviation | 13.16 |
| Info Ratio | 0.74 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| 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 | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
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.
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.