Fact sheet: Artemis Income

Fund information
Fund name
Artemis Income I Inc
Fund manager company
Artemis Fund Managers Limited
Fund type
Unit Trust
Fund managers
  • Adrian Frostsince 01/01/2002
  • Nick Shentonsince 01/07/2014
Fund objective
The fund aims to produce a rising income with capital growth from a portfolio primarily made up of investments in the UK including ordinary shares, convertibles and fixed interest securities.
Benchmark
  • FTSE All Share
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
19.9%
1 Year rank in sector
38/96
Sector
UT UK Equity Income
Yield
3.9%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.79%
Fund size
£6,546m (£6,581m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
84
Bid price
246.74
Offer price
251.01
Top in this sector
Fund name1 Year
UBS UK Equity Income39.4%
VT Sorbus Vector34.3%
Scot Wid Fdmtl Index UK Equity32.5%
JOHCM UK Equity Income27.9%
Aberdeen UK Equity Income26%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK89.1%
    Germany2.8%
    Money Market2.4%
    Netherlands2.4%
    Sweden1.4%
  • Media9.3%
    Banks9.3%
    Life Insurance7.7%
    Financials7.4%
    Pharmaceuticals6.8%
  • UK Equities87%
    German Equities2.8%
    Money Market2.4%
    Dutch Equities2.4%
    Others2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%7.2%12.9%19.9%28.6%86.9%
Sector3.1%5.9%12.7%19.9%25.7%81.5%
Rank within sector27 / 10030 / 9941 / 9838 / 9635 / 8441 / 80
Quartile2nd2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund8.7%10.5%5.2%4.3%24.6%
Sector8.8%9.1%4.9%2.8%24.8%
Rank within sector48 / 9930 / 9355 / 8834 / 8444 / 80
Quartile2nd2nd3rd2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.65
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.52
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
8.68
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.38
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.27
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.93
Price movement
52 week high246.74
52 week low201.51
Current bid price246.74
Current offer price251.01
Current mid price-
Region
1UK89.06%
2Germany2.8%
3Money Market2.45%
4Netherlands2.37%
5Sweden1.38%
6France0.93%
7Spain0.68%
8Norway0.34%
Industry sector
1Media9.27%
2Banks9.25%
3Life Insurance7.73%
4Financials7.35%
5Pharmaceuticals6.78%
6Oil & Gas Exploration & Production6.2%
7Property Shares5.23%
8Tobacco5.12%
9Travel4.24%
Asset type
1UK Equities87.05%
2German Equities2.8%
3Money Market2.45%
4Dutch Equities2.37%
5Others2.01%
6Swedish Equities1.38%
7French Equities0.93%
8Spanish Equities0.68%
9Norwegian Equities0.34%
Individual holdings
1BP3.87%
2RELX PLC3.84%
33I GROUP PLC ORD3.72%
4GLAXOSMITHKLINE3.54%
5IMPERIAL BRANDS PLC3.48%
6LLOYDS BANKING GROUP PLC3.28%
7AVIVA3.21%
8INFORMA PLC3.06%
9BAYER AG2.8%
Management
Fund manager group
Artemis
Fund manager company
Artemis Fund Managers Limited
Fund type
Unit Trust
Fund objective
The fund aims to produce a rising income with capital growth from a portfolio primarily made up of investments in the UK including ordinary shares, convertibles and fixed interest securities.
Benchmark
  • FTSE All Share
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Adrian Frost01/01/2002Adrian manages the Artemis Income Fund, which he took over when he joined the firm in January 2002, and several institutional income mandates. After graduating from Jesus College, Cambridge, Adrian began his career at Deutsche Asset Management (Morgan Grenfell) in 1983. He was appointed a director there in 1990 and head of UK equities in 1996. Until July 2015, Adrian also managed the Artemis High Income Fund.
Nick Shenton01/07/2014Nick manages income mandates alongside Adrian Frost. After studying economics with French at the University of Nottingham, he started his career at F&C Asset Management in 2003. He spent four years there as an analyst and assistant fund manager on the UK and pan-European equities desks. In 2007 Nick moved to Polar Capital as a fund manager on the UK long/short equity hedge fund. He joined Artemis in 2012.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Artemis Income I Acc
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.8%
Bid price442.63
Offer price450.28
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBUH7
Artemis Income I Inc
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price246.74
Offer price251.01
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBUH6
Artemis Income R Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.55%
Bid price413.66
Offer price438.52
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHM06
Artemis Income R Inc
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.55%
Bid price227.51
Offer price241.19
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAF77
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