Fact sheet: Artemis Global Growth

Rated Fund Information
Rated Funds Group
?Money Observer has arranged all its Rated Funds into easy to understand Rated Fund Groups, comprising funds and investment trusts.
GLOBAL GROWTH
Sector
UT Global
Fund type
Unit Trust
Primary aim
GROWTH
Why Money Observer Rates Artemis Global Growth

Rated Fund 2014-2017. Taking a SmartGARP, diversified route to success

Launched in 1990, this fund has been managed by Peter Saacke since 2004. He has achieved a strong long-term record. Although the fund's performance during 2016 has not been so outstanding, we believe it will recover thanks to Saacke's judicious use of Artemis's own in-house quantitative screening tool, SmartGARP.

The Garp (growth at a reasonable price) program aims to identify companies that are out of favour, but where share price momentum and sentiment are improving. With many fund managers aiming for more concentrated portfolios nowadays, it is notable that Saacke opts for a relatively large and well-diversified portfolio of holdings.

SmartGARP is the starting point, collecting millions of pieces of data on shares every day. It helps Saacke to focus solely on those companies and industries with the most compelling financial characteristics. He then carries out his own stock-specific due diligence. As well as helping him to establish what to buy and when, the system also alerts him to problems with existing holdings.

Even with the help of the screening system, Saacke admits that predicting which investments will deliver or disappoint remains one of the perennial puzzles of his job. In order to spread risk he maintains a diversified portfolio.

Most of the fund's biggest holdings are less than 2 per cent of the portfolio. However, with its tilt towards value stocks at the end of 2016, he is optimistic about the future.

3 Year Performance
Fund Performance48.6%
Average of Rated Funds Group54.7%
Sector Performance34.2%
Fund information
Fund name
Artemis Global Growth I Acc
Fund manager company
Artemis Fund Managers Limited
Fund type
Unit Trust
Fund managers
  • Peter Saackesince 01/01/2004
Accolades
Fund objective
The fund aims to provide investors with capital growth from a diversified portfolio investing in any economic sector in any part of the world.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
10.2%
1 Year rank in sector
41/248
Sector
UT Global
Yield
1.4%
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.
0.82%
Fund size
£835m (£641m 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.
110
Bid price
280.1
Offer price
283.5
Top in this sector
Fund name1 Year
Baillie Gifford PostivChng35.6%
Aubrey GblConviction31.5%
TM Lansd DMLO SRI Fed26.5%
Equitile Resilience26.4%
Baillie Gifford Gbl Discovery24.1%
...more in UT Global

Performance snapshot

Holdings snapshot

  • USA32.1%
    China14.7%
    Japan8.5%
    Germany5.1%
    France4.5%
  • Banks18.8%
    Materials16%
    Energy13%
    Capital Goods12.6%
    Insurance5.1%
  • US Equities32.1%
    Chinese Equities13.7%
    Japanese Equities8.5%
    French Equities4.5%
    UK Equities4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.6%0.1%3.8%10.2%48.6%103.9%
Sector-4.8%-1.4%1%6.7%34.2%61.7%
Rank within sector217 / 27253 / 26835 / 26041 / 24827 / 22113 / 199
Quartile4th1st1st1st1st1st
Calendar performance
 YTD - 20182017201620152014
Fund-2.2%18.6%23.9%7.7%18%
Sector-2.8%13.6%21%3.4%6.7%
Rank within sector72 / 27235 / 247100 / 23244 / 2208 / 207
Quartile2nd1st2nd1st1st
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.
3.54
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.
0.94
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.
1.24
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%.
9.83
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.
2.92
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.
0.96
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.
0.91
Price movement
52 week high298.22
52 week low246.06
Current bid price280.1
Current offer price283.5
Current mid price-
Region
1USA32.06%
2China14.71%
3Japan8.53%
4Germany5.07%
5France4.52%
6UK4.17%
7Thailand3.99%
8Korea3.8%
9Russia3.51%
Industry sector
1Banks18.77%
2Materials16%
3Energy13.02%
4Capital Goods12.58%
5Insurance5.13%
6Hardware4.87%
7Automotive4.59%
8Consumer Durables3.92%
9Food, Beverages and Tobacco3.55%
Asset type
1US Equities32.06%
2Chinese Equities13.73%
3Japanese Equities8.53%
4French Equities4.52%
5UK Equities4.17%
6German Equities4.09%
7Thai Equities3.99%
8South Korean Equities3.8%
9Russian Equities3.51%
Individual holdings
1JPMORGAN CHASE & CO2.22%
2APPLE INC1.89%
3PING AN INSURANCE(GR)CO OF CHINA1.45%
4ABBVIE INC1.4%
5LUKOIL PJSC1.36%
6MICROSOFT CORP1.3%
7PTT PUBLIC CO1.3%
8ABN AMRO GROUP NV1.25%
9GREE ELECTRICAL APP INC OF ZHUHAI1.21%
Management
Fund manager group
Artemis
Fund manager company
Artemis Fund Managers Limited
Fund type
Unit Trust
Fund objective
The fund aims to provide investors with capital growth from a diversified portfolio investing in any economic sector in any part of the world.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Peter Saacke01/01/2004Peter has managed the Artemis Global Growth Fund and Artemis Institutional Global Capital Fund since January 2004 and co-managed the Artemis Global Emerging Markets Fund since its launch in April 2015. He joined Artemis in December 2002 from Merrill Lynch, where he worked as an equity strategist from 1999. Peter holds a BA in mathematics & philosophy from the University of Oxford, an MA in economics from Freiburg University and a PhD in economics from Hamburg University. He is a CFA charterholder, a partner in Artemis, chief investment officer and a member of the executive committee
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Artemis Global Growth I Acc
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.82%
Total expense ratio (TER)1%
Bid price280.1
Offer price283.5
Mid price-
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBUH4
Artemis Global Growth R Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.75%
Bid price260.09
Offer price274.32
Mid price-
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUR02
Data provided by

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