Artemis launches SmartGARP® pan-European equity SICAV
Our press enquiries team
Artemis is launching a Luxembourg-domiciled SICAV1 today investing in European equities, in response to client demand. The Artemis Funds (Lux) – SmartGARP® Pan-European Equity Fund will build upon the success of Artemis’ Europe ex-UK and UK-focussed strategies and will use Artemis’ proprietary SmartGARP stock-screening tool as the core of its investment process.
Head of Investments Toby Gibb said: “Our new Luxembourg-domiciled fund has been designed to offer European clients a similar product to Artemis’ top-performing2 SmartGARP European Equity strategy, but with a pan-European rather than ex-UK focus to better suit their portfolios. It will be managed by Artemis’ SmartGARP team, using a systematic, repeatable and well-established investment process.”
SmartGARP creator Philip Wolstencroft added: “The SmartGARP process is based on our observation that share prices follow fundamentals over the long term, but can become dislocated over shorter time periods, presenting opportunities or risks. We use data to identify companies that are cheaper than the broader market but have superior fundamental growth, and to analyse how much good or bad news is reflected in the share price.”
The SmartGARP Pan-European Equity Fund is the latest addition to Artemis’ range of SICAVs, which invest in UK, US and emerging market equities, as well as high-yield bonds. It will be available to retail, institutional and professional investors across Europe and its base currency will be euros.
The fund will aim to grow investors’ capital over a five-year period and will have a similar investment process to Artemis’ SmartGARP European Equity strategy, but with a much higher UK allocation given its pan-European remit. It will use the MSCI Europe Index as a comparator benchmark, which has a 22.4% UK allocation3.
Investment Director Harry Eastwood said: “Through the SmartGARP lens, there is a pronounced opportunity within value areas of the pan-European equity universe, which are performing and are historically inexpensive4. Pursuing this opportunity leads us to a portfolio of companies that looks quite different from the peer group and our benchmark5.”
The fund management fee will be 0.87% for Class I shares, incorporating both the annual management charge (AMC) and administration fees. Founder share classes will be offered to early investors, with a reduced fund management fee of 0.50% (0.51% ongoing charge) until the fund reaches £100m in assets under management.
Notes and references
1The new strategy will be a sub-fund of the Artemis Funds (Lux) SICAV
2Source: Artemis as at 30 September 2025. Past performance is not a guide to the future.
3MSCI as at 30 September 2025
4MSCI, Artemis as at 30 September 2025
5Lipper, Artemis as at 30 September 2025
This is a marketing communication. Before making any final investment decisions, and to understand the investment risks involved, refer to the fund prospectus and KIID/KID, available in English and in your local language (depending on local country registration), from the relevant fund page or literature section on www.artemisfunds.com. The documents can also be found on www.fundinfo.com.
CAPITAL AT RISK. All financial investments involve taking risk and the value of your investment may go down as well as up. This means your investment is not guaranteed and you may not get back as much as you put in. Any income from the investment is also likely to vary and cannot be guaranteed.
The fund’s costs may be paid in a different currency to the currency where clients are resident. Changes in currency exchange rates can therefore cause costs to increase or decrease.
Risks specific to Artemis Funds (Lux) – SmartGARP Pan-European Equity
- Market volatility risk The value of the fund and any income from it can fall or rise because of movements in stockmarkets, currencies and interest rates, each of which can move irrationally and be affected unpredictably by diverse factors, including political and economic events.
- Currency risk The fund’s assets may be priced in currencies other than the fund base currency. Changes in currency exchange rates can therefore affect the fund's value.
- Charges from capital risk Where charges are taken wholly or partly out of a fund's capital, distributable income may be increased at the expense of capital, which may constrain or erode capital growth.
- ESG risk The fund may select, sell or exclude investments based on ESG criteria; this may lead to the fund underperforming the broader market or other funds that do not apply ESG criteria. If sold based on ESG criteria rather than solely on financial considerations, the price obtained might be lower than that which could have been obtained had the sale not been required.
