Artemis UK Special Situations Accumulation Units
At a glance
| Initial charge | 5.25% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.58% |
| Launch date | 09-03-2000 |
| Launch price | £1.00 |
| Sector | UK All Companies |
| Fund size | £688 million |
| Number of holdings | 88 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
As the outlook for the UK economy is poor, Derek Stuart has been focusing on companies with an international bias and with little dependence on the UK. He has avoided the poorer areas of the market like house building, retail and leisure which have come under pressure in the slowdown. The fund has exposure to companies like Shell, BP and British Energy which should serve the fund well going forward but he believes patience is essential.
Full research
About the Fund Manager
Derek Stuart
Located in: Edinburgh
Having received his fund management training within Ivory & Sime, Derek was promoted in 1992 to manage UK Equity Income portfolios, an area responsible for over £1bn of investments. After a successful period managing income portfolios of principally blue chip stocks, he then managed UK small and mid cap portfolios. Derek has been the Fund Manager of the Artemis UK Special Situations Fund since its launch in March 2000 and managed the Artemis Income Fund from its launch in June 2000 until January 2002.
Income details
| Historic yield | 0.02% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 January 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
Top 10 holdings
| Royal Dutch Shell B | 5.75% |
|---|---|
| BP | 5.51% |
| GlaxoSmithKline | 5.33% |
| Astrazeneca | 4.46% |
| National Grid | 4.05% |
| Vodafone Group | 3.94% |
| HSBC Holdings PLC (UK Reg) | 3.47% |
| Firstgroup | 3.32% |
| BAE Systems | 3.05% |
| BG Group | 2.41% |
Top 10 sectors
| Oil & Gas Producers | 15.93% |
|---|---|
| Pharmaceuticals & Biotechnology | 10.24% |
| Travel & Leisure | 7.55% |
| Cash and Equiv. | 6.99% |
| Support Services | 4.62% |
| Banks | 4.55% |
| Financial Services | 4.41% |
| Electricity | 4.31% |
| Software & Computer Services | 4.14% |
| Gas, Water & Multiutilities | 4.05% |
Top 10 countries
| United Kingdom | 88.03% |
|---|---|
| Cash and Equiv. | 6.99% |
| Non-Classified | 3.59% |
| United States | 0.95% |
| New Zealand | 0.34% |
| Ireland | 0.08% |
| Canada | 0.00% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 31/10/2008.
