Artemis Strategic Assets Accumulation
Overview
| Initial charge | 5.25% |
|---|---|
| Initial saving | 5.25% |
| Annual charge | 1.50% |
| Annual saving | 0.100% ² |
| Total Expense Ratio | 1.67% |
| Launch date | 05-05-2009 |
| Launch price | £0.50 |
| Sector | Active Managed |
| Fund size | £195 million |
| Number of holdings | 113 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
| Performance charges | No |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
William Littlewood remains concerned about the UK's deteriorating public finances, and has positioned the portfolio defensively as a result. He is negative on Sterling and also feels that gilts could be overvalued - he has therefore taken a short position in some government bonds. Areas which he believes show promise are pharmaceuticals and outsourcing companies, and he also holds a positive view on gold and agricultural commodities.
Full research
About the Fund Manager
William Littlewood
Located in: London
William Littlewood graduated from Bristol University with a degree in Economics. He worked at Jupiter Asset Management from 1989 to 1999, where he managed £1.6 billion in top-performing* assets. He then joined Artemis in December 2005 to launch the Absolute Return Hedge Fund. In managing this new fund, William will add
the resources and expertise of Artemis' 16 other fund managers to his own extensive experience of multi-asset investing.
*Source: Lipper Limited, 3,288 days from 30/11/90 - 1/12/99
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 | 01 September 2009 |
|---|---|
| Payment date ³ | 31 October 2009 |
Top 10 holdings
| ETFS ETFS Gold Bullion (LSE) | 5.14% |
|---|---|
| ETFS ETFS Agriculture DJ-AIGCI [LSE] | 3.78% |
| GlaxoSmithKline | 1.71% |
| Royal Dutch Shell B | 1.60% |
| Centrica | 1.47% |
| ETFS ETFS Physical Platinum [LSE] | 1.47% |
| Merck & Co. | 1.30% |
| BAE Systems | 1.26% |
| IG Group Holdings | 1.24% |
| United Business Media | 1.20% |
Top 10 sectors
| Cash and Equiv. | 41.08% |
|---|---|
| Pharmaceuticals & Biotechnology | 7.43% |
| Non-Classified | 7.08% |
| Support Services | 5.25% |
| Financial Services | 4.47% |
| Nonlife Insurance | 4.41% |
| Oil & Gas Producers | 4.10% |
| Managed Funds | 3.78% |
| Aerospace & Defence | 2.81% |
| Food & Drug Retailers | 2.71% |
Top 10 countries
| Cash and Equiv. | 41.08% |
|---|---|
| United Kingdom | 36.90% |
| United States | 10.20% |
| Non-Classified | 7.08% |
| Managed Funds | 3.78% |
| Ireland | 0.38% |
| Papua New Guinea | 0.36% |
| Canada | 0.22% |
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.
As well as investing in shares and other assets, absolute return funds can also use derivatives to take short positions in companies. Therefore the returns depend primarily on the managers stock picking skills, not solely on the price of their holdings rising, and the standard analysis of the underlying investments is not applicable.
Last valuation as at 06-11-2009. Data accurate as at 31/07/2009.
