Fact sheet: Artemis Pan-Eu Ab Rtn

Fund information
Fund name
Artemis Pan-European Absolute Return I Hedged Acc GBP
Fund manager company
Artemis Fund Managers Limited
Fund type
OEIC
Fund managers
  • Paul Cassonsince 14/07/2014
Fund objective
The fund aims to achieve a positive return over the longer term, notwithstanding changing market conditions, investing principally in the shares of companies listed, quoted or traded in Europe, including the UK.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
10.6%
1 Year rank in sector
14/71
Sector
UT Targeted Absolute Return
Yield
-
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.
1%
Fund size
£130m (£35m 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.
49
Mid price
123.35
Top in this sector
Fund name1 Year
VT iFunds Absolute Rtn Orange22.2%
7IM Unconstrained16.9%
S&W Saltus Wealth16.7%
Schroder UKDynAbsRet16%
VT iFunds Absolute Rtn Green15.1%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • Money Market51.3%
    France10.2%
    Switzerland8.8%
    Ireland8.3%
    Spain5.6%
  • Money Market51.3%
    Banks16%
    Energy14.4%
    Materials9%
    Transport7.8%
  • Money Market51.3%
    French Equities10.2%
    Swiss Equities8.8%
    Irish Equities8.3%
    Spanish Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%4.6%8.1%10.6%--
Sector0.9%1.3%2.8%4.1%7.7%18.8%
Rank within sector63 / 776 / 776 / 7414 / 71--
Quartile4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.2%5.1%14%--
Sector1.9%1%2.2%2.5%6.5%
Rank within sector20 / 7715 / 703 / 64--
Quartile2nd1st1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high124.26
52 week low106.77
Current bid price-
Current offer price-
Current mid price123.35
Region
1Money Market51.3%
2France10.2%
3Switzerland8.79%
4Ireland8.34%
5Spain5.64%
6Italy4.84%
7Norway4.73%
8Germany4.33%
9UK3.99%
Industry sector
1Money Market51.3%
2Banks15.96%
3Energy14.36%
4Materials8.98%
5Transport7.8%
6Financials3.99%
7Media2.97%
8Automotive2.94%
9Healthcare & Medical Products1.91%
Asset type
1Money Market51.3%
2French Equities10.2%
3Swiss Equities8.79%
4Irish Equities8.34%
5Spanish Equities5.64%
6Italian Equities4.84%
7Norwegian Equities4.73%
8German Equities4.33%
9UK Equities3.99%
Individual holdings
1RYANAIR HLDGS3.43%
2COMMERZBANK AG3.17%
3SWATCH GROUP3.12%
4BAYERISCHE MOTOREN WERKE AG2.94%
5FRESENIUS SE & CO KGAA2.94%
6STATOIL ASA2.92%
7ADECCO SA2.88%
8ROYAL DUTCH SHELL2.83%
9AP MOLLER-MAERSK A/S2.8%
Management
Fund manager group
Artemis
Fund manager company
Artemis Fund Managers Limited
Fund type
OEIC
Fund objective
The fund aims to achieve a positive return over the longer term, notwithstanding changing market conditions, investing principally in the shares of companies listed, quoted or traded in Europe, including the UK.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Paul Casson14/07/2014Paul has managed the Artemis Pan-European Absolute Return Fund since launch in July 2014. After graduating in accounting from Queen's University, Belfast in 1995, he worked as an auditor for KPMG. In 1997, he joined Martin Currie as a trainee fund manager, moving to SVM Asset Management four years later. There he was lead manager on its continental and pan-European mandates, and assistant manager of a long-short, pan-European equity fund. In 2005, he joined Henderson Global Investors as director of pan-European equities. Paul joined Artemis in April 2013.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Singapore
Artemis Pan-European Absolute Return I Hedged Acc EUR
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.27
CurrencyEUX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKW3D
Artemis Pan-European Absolute Return I Hedged Acc EUR 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 price122.62
CurrencyEUX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN12L
Artemis Pan-European Absolute Return I Hedged Acc GBP
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.35
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKMWV
Artemis Pan-European Absolute Return I Hedged Acc GBP 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 price123.71
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN13B
Artemis Pan-European Absolute Return I Hedged Acc USD
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125.19
CurrencyUSX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKW3E
Artemis Pan-European Absolute Return I Hedged Acc USD 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 price125.55
CurrencyUSX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN12W
Artemis Pan-European Absolute Return R Hedged Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£25,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.93
CurrencyEUX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNHVE
Data provided by

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