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Artemis UK Smaller Companies I

Bestinvest LogoA pragmatic approach to small cap investing.

PRICE (INC)

1822.41p

PRICE (ACC)

2095.68p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.86%

YIELD

2.4%

1 YEAR
-4.89%

Prices as at 10 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The Fund aims for long-term capital growth. The Fund manager, Mark Niznik, has an emphasis on smaller companies listed, quoted and/or traded in the UK and in smaller companies which have a significant part of their activities in the UK which are quoted on a regulated market outside the UK. The fund focuses on companies with a sustainable business franchise trading at an attractive valuation point in their business cycle. The Fund will invest in all company types and industry sectors, having no biases or exclusions. The manager is benchmark agnostic and the performance can, therefore, deviate quite substantially.

Fund summary

SectorUK Smaller Companies
StructureUNIT TRUST
LaunchedSeptember 2010
Size£393m
Yield2.4%
Charging BasisIncome
Dividends paidFeb

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure0.86%

Investment Process

Investment ideas come from a network of brokers and consultants as well as extensive company meetings in the industry and the other managers at Artemis. The fund manager, Mark Niznik, will not be restricted to a house style or process at Artemis. His focus is on companies’ competitive advantage, visibility of earnings, growth in market share, cash dynamics of the business, diversity of customers and suppliers and critically the quality and depth of management. The manager aims to identify companies where there is a catalyst for share price appreciation, such as a favourable supply/demand balance, new technology breakthroughs or innovation. A company’s valuation is the last factor to be considered and is critical to the decision-making process. The fund manager’s valuation metrics include the P/E ratio, yield, free cash flow and asset backing (physical or intellectual property). The Fund’s capital is allocated on the basis of perceived share price upside and conviction and is not a function of their weighting in the index. Niznik’s buy/sell discipline reflects the share price potential of new investments compared with existing holdings. He is able to leverage off eight other UK equity specialists, many of whom have a bias towards small / mid cap companies.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning