Fact sheet: Phoenix SM Artemis High Income Pn

Fund information
Fund name
Phoenix SM Artemis High Income Pn
Fund manager company
Phoenix Life Limited
Fund type
Pension Fund
Fund managers
  • Alex Ralphsince 01/02/2014
Underlying fund
Artemis High Income
Fund objective
The fund aims to achieve an above average level of income together with the prospect of rising income and some capital growth over the longer term.
Benchmark
  • FTSE Brit Govt All Stocks
Investment style
No data available.
Investment method
Fixed Interest
Quick stats
1 Year return
4%
1 Year rank in sector
95/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£4m
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.
27
Bid price
243.9
Offer price
256.8
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc8.2%
AXA Wealth AXA Fram Mgd Inc Pn8.2%
Canlife AXA Fram Mgd Inc Pn8.1%
FL Artemis Stra Bd AP7.6%
FL Artemis Strategic Bond Pn7.3%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK52.7%
    USA8.4%
    Luxembourg7.3%
    France5.9%
    Netherlands4.8%
  • Banks14.1%
    Financials10%
    Life Insurance8.2%
    Insurance7.5%
    Telecommunications7.4%
  • UK Fixed Interest25%
    Global Investment Grade Fixed Interest24.9%
    UK Equities11.9%
    Luxembourg Fixed Interest7.3%
    French Fixed Interest5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.7%3.8%4%14%59.7%
Sector-0.9%-1.7%2.7%4.3%12.3%39.6%
Rank within sector26 / 17252 / 17230 / 17295 / 16864 / 1558 / 143
Quartile1st2nd1st3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.2%2.4%5.1%14%22.8%
Sector5.3%0.7%5.6%5.9%15.8%
Rank within sector89 / 16835 / 16387 / 1556 / 15110 / 143
Quartile3rd1st3rd1st1st
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.
-0.47
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.
1.24
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.
0.23
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%.
4.29
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.
1.8
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.
0.25
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.
0.86
Price movement
52 week high246.1
52 week low220.2
Current bid price243.9
Current offer price256.8
Current mid price-
Region
1UK52.75%
2USA8.43%
3Luxembourg7.26%
4France5.86%
5Netherlands4.82%
6Ireland4.3%
7Jersey2.72%
8Italy2.27%
9Germany2.15%
Industry sector
1Banks14.11%
2Financials10.01%
3Life Insurance8.17%
4Insurance7.51%
5Telecommunications7.36%
6Utilities6.59%
7Travel6.36%
8Government Bonds4.19%
9Transport3.86%
Asset type
1UK Fixed Interest24.98%
2Global Investment Grade Fixed Interest24.9%
3UK Equities11.85%
4Luxembourg Fixed Interest7.26%
5French Fixed Interest5.22%
6US Fixed Interest4.81%
7UK Gilts3.92%
8Dutch Fixed Interest3.26%
9Irish Fixed Interest2.74%
Individual holdings
1TREASURY 1% GILT 07/09/17 GBP0.013.92%
2CENTRICA PLC1.98%
3PGH CAPITAL PLC 6.625% GTD SUB NTS 18/12/25 GBP1000001.53%
4RBS CAPITAL TRUST II 6.425% BDS PERP USD10001.45%
5RSA INSURANCE GROUP PLC 6.701% PERP GTD SUB CAP SECS GBP500001.37%
6F&C FINANCE PLC 9% GTD NTS 20/12/16 GBP500001.33%
7LEGAL & GENERAL GROUP1.27%
8TESCO 6.15% SNR NTS 15/11/37 USD100000 `144A`1.27%
9RWE AG 7% NTS 20/03/19 GBP1000001.26%
Management
Fund manager group
Phoenix Life Limited
Fund manager company
Phoenix Life Limited
Fund type
Pension Fund
Fund objective
The fund aims to achieve an above average level of income together with the prospect of rising income and some capital growth over the longer term.
Benchmark
  • FTSE Brit Govt All Stocks
Investment style
No data available.
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Alex Ralph01/02/2014Alex 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Phoenix SM Artemis High Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price243.9
Offer price256.8
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeS456
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.