Artemis Target Return Bond I Acc
Latest (Mid) Price:
GBX 106.74
Day Change:
+0.04%
| Shares Class | Inc. |
|---|---|
| Yield | 2.54 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 29,065,054.00 | Launch Date | 03/12/2019 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.25 |
| Sector | IMA UK Equity Income | Min Investment (£) | 250,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BJXPPH66 | Min Topup (£) | 500.00 | Ongoing Charge (%) | 0.4000 (on 31/07/2020) |
Fund Objective
To achieve a positive return of at least 2.5% above the Bank of England (BOE) base rate, after fees, on an annualised basis over rolling three-year periods.
Fund Managers
Stephen Snowden
With a BSc and a MSc in Finance from Queen's University, Belfast, in 1994 Stephen started his career at Aegon Asset Management (now Kames Capital) as a US equity analyst and fund manager. In 1998 he moved to fixed income, becoming manager of Kames' Sterling Corporate Bond Fund in June 2000. Stephen then joined Old Mutual Asset Managers and managed their Corporate Bond Fund from 2004 - 2011, when he returned to Kames. There, as co-head of fixed income, he was co-manager of the Kames Investment Grade Bond Fund, the Investment Grade Global Bond Fund and the Absolute Return Bond Fund until November 2018. In May 2019 Stephen joined Artemis as a partner, to lead our Edinburgh-based fixed income team.
Juan Valenzuela
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.
Asset Breakdown
| Name | Weight |
|---|---|
| Australian Fixed Interest | 2.20% |
| Dutch Fixed Interest | 2.60% |
| French Fixed Interest | 8.20% |
| German Fixed Interest | 2.60% |
| Global Fixed Interest | 5.70% |
| Italian Fixed Interest | 2.80% |
| New Zealand Fixed Interest | 2.60% |
| Spanish Fixed Interest | 3.50% |
| Swiss Fixed Interest | 3.00% |
| UK Fixed Interest | 55.10% |
| US Fixed Interest | 11.70% |
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 2.20% |
| France | 8.20% |
| Germany | 2.60% |
| Italy | 2.80% |
| Jersey | 4.30% |
| Netherlands | 2.60% |
| New Zealand | 2.60% |
| Others | 5.70% |
| Spain | 3.50% |
| Switzerland | 3.00% |
| UK | 50.80% |
| USA | 11.70% |
Sector Breakdown
Top 10 Holdings
| Name | Weight |
|---|---|
| NEW ZEALAND(GOVERNMENT OF) 2% | 2.80% |
| MARKS & SPENCER GROUP 4.75% NT | 2.00% |
| DEUTSCHE TELEKOM INTL FINANCE | 1.70% |
| DIRECT LINE INSURANCE GROUP PL | 1.70% |
| RWE AG 2.75% NTS 21/04/75 EUR1 | 1.70% |
| BARCLAYS BANK PLC 9.25% PERPET | 1.60% |
| IBERDROLA FINANZAS SAU 6% MTN | 1.60% |
| TELEFONICA EMISIONES SAU 5.289 | 1.60% |
| THAMES WATER UTILITIES FIN LTD | 1.60% |
| Devisentermin Verkauf GBP/CHF | 1.50% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
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