Morningstar Fund Report  | 17/04/2025Print

Artemis Global Income Fund R Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Artemis Global Income Fund R Acc
Fund25.5-3.38.925.97.3
+/-Cat7.3-2.51.615.56.5
+/-B’mrk5.2-10.14.112.56.6
 
Category: Global Equity Income
Category Benchmark: Morningstar Gbl High Div Yl...
Key Stats
NAV
16/04/2025		 GBP 2.24
Day Change -0.02%
Morningstar Category™ Global Equity Income
IA (formerly IMA) Sector Global Equity Income
ISIN GB00B5V2MP86
Fund Size (Mil)
15/04/2025		 GBP 1952.08
Share Class Size (Mil)
16/04/2025		 GBP 20.59
Max Initial Charge -
Ongoing Charge
07/02/2025		  1.62%
Investment Objective: Artemis Global Income Fund R Acc
The fund aims to grow both income and capital over a five year period. The Fund invests 80%-100% in company shares and up to 20% in bonds, cash and near cash, other transferable securities, other funds (up to 10%) managed by Artemis and third party funds, money market instruments, and derivatives. The fund may use derivatives for efficient portfolio management purposes to reduce risk and manage the fund efficiently.
Returns
Trailing Returns (GBP)16/04/2025
YTD3.92
3 Years Annualised12.05
5 Years Annualised17.15
10 Years Annualised8.01
12 Month Yield 2.82
Management
Manager Name
Start Date
James Davidson
01/04/2020
Jacob de Tusch-Lec
19/07/2010
Inception Date
19/07/2010

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR GBPMorningstar Gbl High Div Yld NR USD
Portfolio Profile for  Artemis Global Income Fund R Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.700.0097.70
Bond0.000.000.00
Property0.000.000.00
Cash2.940.642.30
Other0.000.000.00
Top 5 Regions%
Eurozone29.61
United States23.95
Japan11.34
Asia - Developed9.40
United Kingdom8.88
Top 5 Sectors%
Financial Services40.50
Industrials25.26
Consumer Cyclical7.41
Energy7.33
Consumer Defensive5.40
Top 5 HoldingsSector%
Rheinmetall AGIndustrialsIndustrials4.27
Mitsubishi Heavy Industries LtdIndustrialsIndustrials3.87
Hanwha Aerospace Co LtdIndustrialsIndustrials3.37
BAE Systems PLCIndustrialsIndustrials2.71
General Motors CoConsumer CyclicalConsumer Cyclical2.66
Increase Decrease New since last portfolio
Artemis Global Income Fund R Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Artemis Global Income Fund R Acc
Category:  Global Equity Income
Category Index:  Morningstar Gbl High Div Yld NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-13.1615.30-0.3625.54-3.278.8925.867.33
+/- Category-7.25-1.62-2.267.28-2.501.6115.476.54
+/- Category Index---5.18-10.084.1312.506.59
% Rank in Category9769652663714
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.02   -0.370.09
1 Week6.24   3.793.30
1 Month-6.07   -1.35-0.21
3 Months-0.92   4.587.34
6 Months6.08   9.9910.53
YTD3.92   7.369.37
1 Year15.16   12.6013.30
3 Years Annualised12.05   7.136.99
5 Years Annualised17.15   7.125.65
10 Years Annualised8.01   0.660.37
 
Category: Global Equity Income
Category Index: Morningstar Gbl High Div Yld NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20257.33---
202415.571.991.135.59
2023-2.700.756.774.04
2022-1.67-6.571.823.41
202110.173.911.797.73
2020-24.6014.432.0913.11
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighAbove Average5 star
5-YearHighAbove Average5 star
10-YearAbove AverageHigh3 star
OverallHighHigh4 star
 
Category :  Global Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.29 %
3-Yr Mean Return13.80 %
 
3-Yr Sharpe Ratio0.81
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl High Div Yld NR USD  Morningstar Gbl Fin Svc TME NR USD
3-Yr Beta0.920.78
3-Yr Alpha5.462.00
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 27098-
Market Capitalisation% of Equity
Giant27.61
Large39.00
Medium27.69
Small5.64
Micro0.06
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings10.620.69
Price/Book1.360.55
Price/Sales1.060.59
Price/Cash Flow6.640.63
Dividend-Yield Factor4.081.19
 
Long-Term Projected Earnings Growth12.281.41
Historical Earnings Growth17.283.92
Sales Growth2.690.77
Cash-Flow Growth3.982.57
Book-Value Growth6.291.31
 
Category: Global Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.700.0097.70
Bond0.000.000.00
Property0.000.000.00
Cash2.940.642.30
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States23.950.49
Canada2.670.95
Latin America1.072.40
United Kingdom8.880.97
Eurozone29.611.65
Europe - ex Euro3.430.44
Europe - Emerging0.000.00
Africa0.000.00
Middle East4.3838.15
Japan11.342.64
Australasia0.270.21
Asia - Developed9.401.85
Asia - Emerging5.013.15
 
Category: Global Equity Income
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.741.04
Consumer CyclicalConsumer Cyclical7.410.96
Financial ServicesFinancial Services40.501.96
Real EstateReal Estate3.202.14
Consumer DefensiveConsumer Defensive5.400.46
HealthcareHealthcare4.040.32
Communication ServicesCommunication Services0.930.16
EnergyEnergy7.331.74
IndustrialsIndustrials25.262.06
TechnologyTechnology2.190.14
 
Category: Global Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings78
Total Number of Bond Holdings0
Assets in Top 10 Holdings28.93
NameSectorCountry% of Assets
Rheinmetall AG310Germany4.27
Mitsubishi Heavy Industries Ltd310Japan3.87
Hanwha Aerospace Co Ltd310Korea, Republic Of3.37
BAE Systems PLC310United Kingdom2.71
General Motors Co102United States2.66
Wells Fargo & Co103United States2.57
Banco BPM SpA103Italy2.54
Commerzbank AG103Germany2.35
Kinross Gold Corp101Canada2.33
Hess Midstream LP Class A309United States2.26
 
Increase Decrease New since last portfolio
Category: Global Equity Income
 
Management
Name of CompanyArtemis Fund Managers Limited
Phone+44 8000922051
Websitewww.artemisfunds.com
AddressArtemis Fund Managers Limited
 London   SW1A 1LD
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date19/07/2010
Fund Advisor(s)
Artemis Investment Management LLP
Fund ManagerJames Davidson
Manager Start Date01/04/2020
 
Biography
After a BA in Economics from the University of Sussex (1992) and a MSc in Economic History from the University of Oxford (1993), James joined Baillie Gifford as an analyst in the US equities team. He then moved to Morgan Grenfell as an analyst and, latterly, a manager of US equities before 13 years at Bank of America Merrill Lynch, where he co-founded and later ran BAML’s global equity sales team. In 2013 James became a portfolio manager at JP Morgan, where he ran global equity income portfolios. He joined Artemis’ Global Income team in 2018. James is a CFA charterholder.
Fund ManagerJacob de Tusch-Lec
Manager Start Date19/07/2010
Career Start Year1998
Education
2002, New York University (Stern), M.B.A.
University of Copenhagen, M.S.
University of Copenhagen, B.A.
 
Biography
Jacob has managed the Artemis Global Income Fund since launch in July 2010 and the Artemis Global Equity Income Fund since launch in June 2015. He has also managed, with James Foster, the Artemis Monthly Distribution Fund since its launch in May 2012. Having joined Artemis in 2005, he managed the Artemis Capital Fund from January 2006 until June 2010. Jacob began his career in 1998 at BankInvest, one of Scandinavia's largest independent fund managers. In 2002 he joined Merrill Lynch as vice-president of pan-European equity strategy. Jacob holds a BA and an MSc in economics from the University of Copenhagen; and an MBA from the Stern School of Business at New York University (NYU). He is a member of Artemis' executive committee.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.62%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional500  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes