Fact sheet: Artemis US Abs Rtn

Fund information
Fund name
Artemis US Absolute Return I Hedged Acc GBP
Fund manager company
Artemis Fund Managers Limited
Fund type
OEIC
Fund manager
  • Stephen Mooresince 27/10/2014
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 the United States of America.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
0.2%
1 Year rank in sector
40/72
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.
0.9%
Fund size
£252m (£12m 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.
15
Mid price
108.45
Top in this sector
Fund name1 Year
Majedie Tortoise22%
Jupiter Absolute Return11.2%
Threadneedle Tgt Rtn10.2%
CF Ruffer Absolute Return9.9%
Newton Mgd Tgtd Rtn7.8%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • Money Market90.2%
    USA13.7%
    Canada1.9%
    Russia-0.1%
    China-0.2%
  • Money Market90.2%
    Software9%
    Hardware3.7%
    Retail2.1%
    Transport1.8%
  • Money Market90.2%
    US Equities13.7%
    Canadian Equities1.9%
    Russian Equities-0.1%
    Chinese Equities-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%1%0.6%0.2%--
Sector-1%-0.3%0.8%0.1%5.5%15%
Rank within sector29 / 7319 / 7446 / 7240 / 72--
Quartile2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.5%7.7%---
Sector-0%2.2%2.5%6.5%3.3%
Rank within sector45 / 7210 / 67---
Quartile3rd1st
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 high109.22
52 week low106.31
Current bid price-
Current offer price-
Current mid price108.45
Region
1Money Market90.16%
2USA13.66%
3Canada1.85%
4Russia-0.12%
5China-0.16%
6Korea-0.21%
7Not Specified-0.23%
8France-0.24%
9Netherlands-0.27%
Industry sector
1Money Market90.16%
2Software8.98%
3Hardware3.73%
4Retail2.08%
5Transport1.76%
6Biotechnology/Medical1.54%
7Energy1.34%
8Insurance1.28%
9Semi Conductors0.93%
Asset type
1Money Market90.16%
2US Equities13.66%
3Canadian Equities1.85%
4Russian Equities-0.12%
5Chinese Equities-0.16%
6South Korean Equities-0.21%
7International Equities-0.23%
8French Equities-0.24%
9Dutch Equities-0.27%
Individual holdings
1LIBERTY INTERACTIVE CORP4.63%
2APPLE INC2.08%
3BERKSHIRE HATHAWAY INC2.08%
4COMCAST CORP(NEW)1.91%
5MAPLE LEAF FOODS1.85%
6MICROSOFT CORP1.63%
7MASTERCARD INC1.59%
8RAYTHEON CO1.46%
9ZOETIS INC1.45%
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 the United States of America.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Shares
Fund manager
NameSinceBiography
Stephen Moore27/10/2014Stephen holds a BComm and a BA from the University of Queensland and is an associate of the Securities Institute of Australia. He began his career at First State in 1997, where he worked on the North American team, progressing to portfolio manager in 2001. In 2002 he joined Threadneedle to cover the US consumer sector. He subsequently covered the telecoms and basic materials sectors while managing a number of the company's segregated US portfolios. In 2004, he became deputy manager of Threadneedle's US hedge fund. Stephen launched the Threadneedle American Extended Alpha Fund in 2007 and became lead manager on the company's US hedge fund in 2008. In 2010, he launched the Threadneedle American Absolute Alpha Fund, a UCITS long/short fund. Stephen joined Artemis in 2014 and has managed the Artemis US Extended Alpha Fund since launch in September 2014 and the Artemis US Absolute Return Fund since launch in October 2014.
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 US Absolute Return I Acc USD
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.57
CurrencyUSX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKW3C
Artemis US Absolute Return I 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 price108.57
CurrencyUSX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN12Y
Artemis US Absolute Return I Hedged Acc CHF
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.56
CurrencyCHX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2XP
Artemis US Absolute Return I Hedged Acc CHF 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 price100.56
CurrencyCHX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3OI
Artemis US 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)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.97
CurrencyEUX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKW3B
Artemis US 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 price106.97
CurrencyEUX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN12K
Artemis US 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)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.45
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKRMF
Artemis US 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 price108.45
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN12N
Artemis US Absolute Return R Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£25,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.07
CurrencyUSX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2XM
Artemis US Absolute Return R 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 price101.07
CurrencyUSX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3OT
Artemis US Absolute Return R Hedged Acc CHF
Initial charge5%
Annual charge1.5%
Min single investment£25,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.19
CurrencyCHX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2XO
Artemis US Absolute Return R Hedged Acc CHF 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 price100.19
CurrencyCHX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3OL
Artemis US 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)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.34
CurrencyEUX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2XN
Artemis US Absolute Return R 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 price100.34
CurrencyEUX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3OQ
Data provided by

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