Artemis Capital Fund Accumulation Units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.65% |
| Launch date | 23-12-1986 |
| Launch price | £0.50 |
| Sector | UK All Companies |
| Fund size | £474 million |
| Number of holdings | 86 |
| 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
Earlier this year, Artemis made some refinements to this fund’s approach to try and bolster performance. This change has led to an increase in the number of holdings from around 65 to currently 95. While this adds diversification Jacob de Tusch-Lec is also putting more conviction behind his favoured sectors. Currently, he favours oil and gas expecting earnings to prove resilient while he is negative on the banks.
Full research
About the Fund Manager
Jacob de Tusch-Lec
Located in: London
Jacob joined Artemis in November 2005 from Merrill Lynch, where he worked as Pan European Equity Strategist within the Global Strategy and Economics Team since 2002. After graduating from the University of Copenhagen with a BA and MSc in Economics, Jacob worked as a financial journalist/editor at a Copenhagen-based publisher of CEE focused business newsletters and economic research with corporate government subscribers in 15 countries. Jacob has also previously held a position of Junior Portfolio Manager at Copenhagen-based BankInvest where he helped manage the CEE/Russia Equity Unit Trust, before graduating with an MBA from the Stern School of Business at New York University in 2002.
1 of 2 
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 | 08 April 2008 |
|---|---|
| Payment date ³ | 07 June 2008 |
Top 10 holdings
| Royal Dutch Shell B | 8.60% |
|---|---|
| BP | 7.31% |
| Astrazeneca | 5.62% |
| Scottish & Southern Energy | 4.15% |
| HSBC Holdings PLC (UK Reg) | 4.06% |
| Man Group | 3.36% |
| RWE AG | 3.15% |
| BAE Systems | 3.03% |
| Pfizer | 2.56% |
| IG Group Holdings | 2.37% |
Top 10 sectors
| Oil & Gas Producers | 18.55% |
|---|---|
| Pharmaceuticals & Biotechnology | 10.75% |
| Financial Services | 10.15% |
| Banks | 10.05% |
| Gas, Water & Multiutilities | 7.49% |
| Mining | 4.44% |
| Aerospace & Defence | 4.30% |
| Electricity | 4.15% |
| Media | 3.88% |
| General Retailers | 3.51% |
Top 10 countries
| United Kingdom | 80.39% |
|---|---|
| United States | 7.41% |
| Germany | 6.15% |
| Spain | 1.83% |
| France | 1.79% |
| Switzerland | 1.10% |
| Greece | 0.45% |
| Ireland | 0.35% |
| Denmark | 0.28% |
| Cash and Equiv. | 0.18% |
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.
