Artemis Global Growth 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 | 1.62% |
| Launch date | 29-06-1990 |
| Launch price | £0.50 |
| Sector | Global Growth |
| Fund size | £241 million |
| Number of holdings | 189 |
| 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
In the current economic headwinds, Peter Saacke remains focused on companies that have fallen out of favour but are managing to deliver positive earnings surprises. With this in mind he has lowered the fund’s positioning in banks as they are likely to disappoint in the near term. He is drawn to the more resilient businesses like utilities and other companies with strong balance sheets and as little debt as possible.
Full research
About the Fund Manager
Peter Saacke
Located in: London
Peter joined Artemis in December 2002 from Merrill Lynch, where he worked as Pan European Equity Strategist and Quantitative Economist. Peter holds a BA in Mathematics and Philosophy from the University of Oxford, an MA in Economics from Freiburg University and a PhD in Economics from Hamburg University. In 1998 he was a visiting researcher at the European University Institute in Florence. Peter is a CFA charterholder. He has co-managed the Artemis European Growth Fund and now manages the Artemis Global Growth Fund.
Income details
| Running yield | N/a |
|---|---|
| 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
| RWE AG | 3.26% |
|---|---|
| E.ON AG | 2.68% |
| Novartis AG | 2.60% |
| Massey Energy Co. | 2.39% |
| Cez A.S. | 2.10% |
| CF Industries Holdings | 1.92% |
| Pfizer | 1.64% |
| BP | 1.61% |
| Fortum Oyj | 1.54% |
| Walter Industries | 1.53% |
Top 10 sectors
| Pharmaceuticals & Biotechnology | 13.07% |
|---|---|
| Gas, Water & Multiutilities | 8.63% |
| Electricity | 8.31% |
| Chemicals | 5.99% |
| Nonlife Insurance | 5.85% |
| Health Care Equipment & Services | 5.50% |
| Mining | 5.14% |
| Oil Equipment, Services & Distribution | 4.77% |
| Food Producers | 4.64% |
| Oil & Gas Producers | 3.71% |
Top 10 countries
| United States | 47.38% |
|---|---|
| United Kingdom | 11.93% |
| Japan | 8.02% |
| Germany | 7.95% |
| Switzerland | 6.09% |
| France | 3.80% |
| Netherlands | 3.72% |
| Canada | 2.15% |
| Czech Republic | 2.10% |
| Finland | 1.90% |
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.
