Fact sheet: L&G Artemis Strategic Bond Pn

Fund information
Fund name
L&G Artemis Strategic Bond Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • James Fostersince 30/06/2005
  • Alex Ralphsince 30/06/2005
Underlying fund
Artemis Strategic Bond
Fund objective
The fund seeks to achieve a combination of income and capital growth by investing predominantly in fixed income markets.
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
PN Sterling Strategic Bond
Fund size
£2m (£3m 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.
Bid price
Offer price
Top in this sector
Fund name1 Year
Canlife AXA Fram Mgd Inc Pn12.7%
OMW AXA Framlington Mgd Inc12.5%
AXA Wealth AXA Fram Mgd Inc Pn12.4%
SIP BG Corporate Bd Pn12.3%
LV= Artemis High Income Pn12.1%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK32.6%
    Money Market19.8%
  • Money Market19.8%
    Telecommunications Utilities10.4%
  • Global Investment Grade Fixed Interest37%
    UK Fixed Interest20.3%
    Money Market19.8%
    Luxembourg Fixed Interest5.6%
    UK Gilts5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector46 / 17460 / 17465 / 17221 / 16840 / 15759 / 146
Calendar performance
 YTD - 20172016201520142013
Rank within sector52 / 17432 / 16840 / 163102 / 15650 / 152
Risk statistics
?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 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.
?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 (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.
?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 high175.4
52 week low158.18
Current bid price175.02
Current offer price175.02
Current mid price-
2Money Market19.77%
Industry sector
1Money Market19.77%
5Telecommunications Utilities10.42%
7Consumer Services6.14%
8Government Bonds5.03%
Asset type
1Global Investment Grade Fixed Interest37%
2UK Fixed Interest20.28%
3Money Market19.77%
4Luxembourg Fixed Interest5.6%
5UK Gilts5.03%
6German Fixed Interest3.64%
7US Fixed Interest3.54%
8French Fixed Interest3.49%
9Irish Fixed Interest2.69%
Individual holdings
1TREASURY 1.25% GILT 22/7/18 GBP0.015.03%
2ALLIANCE DATA SYSTEMS CORP 5.25% BDS 15/11/23 EUR100000 REG S1.44%
3ING BANK NV 4.125% BDS 21/11/23 USD10001.25%
5RWE AG 7% NTS 20/03/19 GBP1000001.24%
6PGH CAPITAL PLC 5.75% GTD BDS 07/07/21 GBP1000001.2%
7WILLOW NO. 2 IRELAND PLC 4.25% BDS 01/10/45 USD2000001.14%
8NGG FINANCE 5.625% RESET CAP SEC 18/06/73 GBP1000001.13%
9HEATHROW FINANCE 5.375% MTN 02/09/19 GBP100000 REG S1.1%
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund seeks to achieve a combination of income and capital growth by investing predominantly in fixed income markets.
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
James Foster30/06/2005James joined Artemis in April 2005 from F&C Asset Management where he was the head of credit and was ultimately responsible for about 15bn of assets. He has 20 years' experience of managing bond funds and was one of the first to establish a retail bond fund in the UK. He has managed all the major bond asset classes, focusing more recently on discretionary bond portfolios. With Alex Ralph, James has managed the Artemis Strategic Bond Fund since launch in June 2005. He has also managed, with Jacob de Tusch-Lec, the Artemis Monthly Distribution Fund since its launch in May 2012.
Alex Ralph30/06/2005Alex graduated in 2000 from the London School of Economics. She then joined Royal Sun Alliance, training initially as a credit analyst. In 2002, Alex moved into retail bond fund management with ISIS, specialising in high yield bonds. Latterly, after the merger with F&C, Alex widened her experience to include duration and investment grade positioning. Alex is a CFA charterholder. She joined Artemis in April 2005 to manage the Strategic Bond fund alongside James Foster. Since March 2014 Alex has also managed the Artemis High Income Fund alongside Adrian Frost and Adrian Gosden.
No data available.
No data available.
Fund for sale in
United Kingdom
L&G Artemis Strategic Bond Pn G25
Initial charge-
Annual charge0.99%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.99%
Bid price175.02
Offer price175.02
Mid price-
Price updated27/03/2017
Institutional or retail classRetail
Citi codeALK3
Data provided by

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