Morningstar Fund Report  | 07/04/2025Print

Artemis UK Special Situations Fund R Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Artemis UK Special Situations Fund R Acc
Fund13.3-10.012.812.20.0
+/-Cat-3.11.74.84.30.6
+/-B’mrk--5.22.4-5.1
 
Category: UK Flex-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
07/04/2025		 GBP 7.48
Day Change -3.29%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB0002192267
Fund Size (Mil)
25/03/2025		 GBP 581.00
Share Class Size (Mil)
04/04/2025		 GBP 189.25
Max Initial Charge -
Ongoing Charge
07/02/2025		  1.61%
Morningstar Research
Analyst Report28/02/2025
Morningstar Manager Research,
Morningstar, Inc

Artemis UK Special Situations benefits from a consistent approach. But tweaks to portfolio construction in recent years and the departure of Derek Stuart result in a Morningstar Analyst Rating of Neutral for all share classes.In July 2022, it was...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process23
Performance
Price
Investment Objective: Artemis UK Special Situations Fund R Acc
The fund aims to grow capital over a five year period. The fund invests 80% to 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.
Returns
Trailing Returns (GBP)07/04/2025
YTD-9.71
3 Years Annualised3.61
5 Years Annualised9.79
10 Years Annualised3.82
12 Month Yield 1.64
Management
Manager Name
Start Date
Andy Gray
01/01/2014
Henry Flockhart
01/08/2022
Inception Date
09/03/2000

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Artemis UK Special Situations Fund R Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.950.0096.95
Bond0.000.000.00
Property0.000.000.00
Cash3.050.003.05
Other0.000.000.00
Top 5 Regions%
United Kingdom100.00
United States0.00
Canada0.00
Latin America0.00
Eurozone0.00
Top 5 Sectors%
Financial Services28.78
Consumer Cyclical22.98
Industrials21.00
Energy9.35
Consumer Defensive7.62
Top 5 HoldingsSector%
Barclays PLCFinancial ServicesFinancial Services5.16
Standard Chartered PLCFinancial ServicesFinancial Services4.97
Shell PLCEnergyEnergy4.64
Babcock International Group PLCIndustrialsIndustrials4.22
GSK PLCHealthcareHealthcare4.14
Increase Decrease New since last portfolio
Artemis UK Special Situations Fund R Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Artemis UK Special Situations Fund R Acc
Category:  UK Flex-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-14.9727.07-0.7213.27-9.9912.8012.200.02
+/- Category-2.793.324.30-3.071.704.804.340.60
+/- Category Index-----5.172.38-5.14
% Rank in Category7133287545131446
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.29   0.841.64
1 Week-9.73   -3.06-2.79
1 Month-12.17   -4.00-4.77
3 Months-9.85   -4.16-8.18
6 Months-8.23   -3.21-6.54
YTD-9.71   -4.33-8.55
1 Year-2.73   -2.41-7.41
3 Years Annualised3.61   1.85-1.52
5 Years Annualised9.79   -0.18-1.96
10 Years Annualised3.82   -0.44-1.48
 
Category: UK Flex-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.02---
20244.833.891.491.51
20235.350.792.373.77
2022-6.38-7.85-8.7614.35
20218.333.871.86-1.18
2020-30.6416.75-2.6525.94
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAbove Average4 star
5-YearAbove AverageAbove Average4 star
10-YearAverageAverage3 star
OverallAbove AverageAbove Average4 star
 
Category :  UK Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.36 %
3-Yr Mean Return8.01 %
 
3-Yr Sharpe Ratio0.24
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta1.251.28
3-Yr Alpha-1.20-0.90
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 7723-
Market Capitalisation% of Equity
Giant16.01
Large23.95
Medium33.65
Small24.45
Micro1.94
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings10.440.86
Price/Book1.440.86
Price/Sales0.800.83
Price/Cash Flow5.280.65
Dividend-Yield Factor3.320.94
 
Long-Term Projected Earnings Growth10.991.18
Historical Earnings Growth-0.733.13
Sales Growth9.842.20
Cash-Flow Growth4.933.55
Book-Value Growth4.941.65
 
Category: UK Flex-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.950.0096.95
Bond0.000.000.00
Property0.000.000.00
Cash3.050.003.05
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America0.000.00
United Kingdom100.001.07
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Flex-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.280.46
Consumer CyclicalConsumer Cyclical22.981.76
Financial ServicesFinancial Services28.781.23
Consumer DefensiveConsumer Defensive7.620.68
HealthcareHealthcare4.270.53
EnergyEnergy9.351.39
IndustrialsIndustrials21.001.20
TechnologyTechnology3.720.80
 
Category: UK Flex-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings45
Total Number of Bond Holdings0
Assets in Top 10 Holdings40.34
NameSectorCountry% of Assets
Barclays PLC103United Kingdom5.16
Standard Chartered PLC103United Kingdom4.97
Shell PLC309United Kingdom4.64
Babcock International Group PLC310United Kingdom4.22
GSK PLC206United Kingdom4.14
BP PLC309United Kingdom3.92
Next PLC102United Kingdom3.77
Smiths Group PLC310United Kingdom3.34
Entain PLC102United Kingdom3.26
Whitbread PLC102United Kingdom2.91
 
Increase Decrease New since last portfolio
Category: UK Flex-Cap Equity
 
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 Date09/03/2000
Fund Advisor(s)
Artemis Investment Management LLP
Fund ManagerAndy Gray
Manager Start Date01/01/2014
Education
Loughborough University, B.S.
 
Biography
Andy works alongside Derek Stuart managing the Artemis UK Special Situations Fund. He also manages the Artemis VCT. After graduating from Loughborough with a degree in banking and finance, Andy trained as an accountant at Deloitte & Touche. In 1998 he became an assistant fund manager at Murray Johnstone. He then spent three years at Legg Mason as a manager of UK small-cap funds, before joining SWIP as an investment director. Andy moved to Artemis in 2006.
Fund ManagerHenry Flockhart
Manager Start Date01/08/2022
Career Start Year2011
Education
University of Edinburgh, B.S.
 
Biography
Henry is a fund manager on our UK equity team and manages the Aviva Investors UK Listed Equity Unconstrained and UK Equity Unconstrained strategies. Henry also has lead sector coverage responsibility for Industrials. Prior to joining Aviva Investors, Henry was an investment director and fund manager in UK equities at Standard Life Aberdeen primarily focussing on the UK Equity Unconstrained strategy. Henry holds a BSc (Hons) in Genetics (Biological Sciences) from the University of Edinburgh. Henry is a CFA® charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.61%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional500  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes