Change to comparator benchmarks of Artemis US Select Fund and Artemis US Smaller Companies Fund

The comparator benchmarks of Artemis US Select Fund and Artemis US Smaller Companies Fund have changed, as follows:

Following a wider review of benchmarks, it was felt appropriate to change the funds’ comparator benchmarks as the Net Return (net of 15% withholding tax) versions of the indices are considered more appropriate performance comparators than the previous Total Return versions as they better reflect the irrecoverable withholding tax on US equity dividends suffered by the funds.

When did the changes take place?

The changes became effective on 31 October 2024.

How will investors be impacted by this change?

Investors do not need to take any action. There will be no change to the way in which the funds are managed.

Further information

If you are uncertain about the details of this change, we recommend that you consult a professional adviser. For further information, please contact our Fund Service Centre on 0800 092 2051 (outside the UK +44 1133 604500) between 8:00am and 6:00pm (Monday to Friday) or by e-mail at [email protected].

Please see our glossary of terms, to explain any investment terminology that you may be unfamiliar with.

Affected share classes

Artemis US Select Fund

• Class I Accumulation GBP (ISIN: GB00BMMV5105)
• Class I Accumulation GBP Hedged (ISIN: GB00BYSYZX95)
• Class I Distribution GBP (ISIN: GB00BWWZ2D39)

Artemis US Smaller Companies Fund

• Class E Accumulation GBP (ISIN: GB00BPX39Y78)
• Class I Accumulation GBP (ISIN: GB00BMMV5766)
• Class I Accumulation GBP Hedged (ISIN: GB00BK6RLD43)