Fact sheet: Artemis Inst Eq Inc

Fund information
Fund name
Artemis Institutional Equity Income IN Acc
Fund manager company
Artemis Fund Managers Limited
Fund type
Unit Trust
Fund managers
  • Nick Shentonsince 01/07/2014
  • Adrian Frostsince 16/03/2005
Fund objective
The fund aims to produce a rising income stream combined with capital growth, primarily from UK equities but also overseas equities and corporate bonds.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
16.6%
1 Year rank in sector
38/92
Sector
UT UK Equity Income
Yield
3.7%
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.
0.77%
Fund size
£589m (£543m 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.
82
Top in this sector
Fund name1 Year
UBS UK Equity Income39%
Scot Wid Fdmtl Index UK Equity32.3%
SVS Church House DeepValInvts28%
JOHCM UK Equity Income25.5%
Aberdeen UK Equity Income23.5%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK86.1%
    Money Market3.3%
    Germany2.7%
    France2.4%
    Netherlands2.4%
  • Media9.5%
    Banks9.3%
    Pharmaceuticals9.2%
    Life Insurance8.1%
    Oil & Gas Exploration & Production6.8%
  • UK Equities86%
    Money Market3.3%
    German Equities2.7%
    French Equities2.4%
    Dutch Equities2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%3.4%5.3%16.6%24.8%67.6%
Sector1.3%4.1%6%16.3%22.2%63.1%
Rank within sector34 / 9671 / 9758 / 9438 / 9238 / 8240 / 77
Quartile2nd3rd3rd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%9.7%4.7%4.1%25.9%
Sector4%9.1%4.9%2.8%24.8%
Rank within sector66 / 9735 / 9056 / 8533 / 8231 / 78
Quartile3rd2nd3rd2nd2nd
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.
-2.07
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.
1.19
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.
0.29
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%.
8.54
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.
5.1
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.
-0.19
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.
0.66
Price movement
52 week high143.15
52 week low118.08
Current bid price-
Current offer price-
Current mid price141.93
Region
1UK86.06%
2Money Market3.27%
3Germany2.66%
4France2.44%
5Netherlands2.36%
6Sweden1.26%
7Switzerland0.97%
8Spain0.65%
9Norway0.33%
Industry sector
1Media9.53%
2Banks9.35%
3Pharmaceuticals9.19%
4Life Insurance8.05%
5Oil & Gas Exploration & Production6.76%
6Financials6.36%
7Tobacco4.94%
8Property Shares4.49%
9Travel4.21%
Asset type
1UK Equities85.97%
2Money Market3.27%
3German Equities2.66%
4French Equities2.44%
5Dutch Equities2.36%
6Swedish Equities1.26%
7Swiss Equities0.97%
8Spanish Equities0.65%
9Norwegian Equities0.33%
Individual holdings
1BP3.99%
2RELX PLC3.78%
3GLAXOSMITHKLINE3.38%
4IMPERIAL BRANDS PLC3.36%
5INFORMA PLC3.31%
6LLOYDS BANKING GROUP PLC3.25%
73I GROUP PLC ORD3.16%
8AVIVA2.98%
9BT GROUP2.94%
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 stream combined with capital growth, primarily from UK equities but also overseas equities and corporate bonds.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Nick Shenton01/07/2014Nick studied economics with French at the University of Nottingham and joined F&C Asset Management in 2003. He spent four years as an analyst and assistant fund manager on the UK and pan-European equities desks before moving to Polar Capital in May 2007 as a fund manager on the UK long/short equity hedge fund. He joined Artemis' UK income team in the summer of 2012, and in July 2014 became a manager of income mandates alongside Adrian Frost and Adrian Gosden.
Adrian Frost16/03/2005After Jesus College, Cambridge, Adrian joined Deutsche Asset Management (Morgan Grenfell) in 1983. He was appointed a director in 1990 and head of UK equities in 1996. Adrian joined Artemis in December 2001 and took over the management of the Artemis Income Fund in January 2002. He has also managed the Artemis High Income Fund since September 2002.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Artemis Institutional Equity Income IN Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price141.93
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVY64
Artemis Institutional Equity Income IN Acc SNAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price141.93
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN12V
Artemis Institutional Equity Income IN Inc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price85.59
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeVY65
Artemis Institutional Equity Income IN Inc SNAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price85.59
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN13N
Data provided by

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