Artemis launches three new US equity funds

Artemis is pleased to open today the offer period for its three, new US OEIC funds. The offer period will run until Monday 22 September, and until then shares in the funds will be priced at 100p/share.

The three funds are:

  • Artemis US Equity Fund, managed by Cormac Weldon
  • Artemis US Select Fund, managed by Cormac Weldon
  • Artemis US Extended Alpha Fund, managed by Stephen Moore

Details of each of these funds are available online. All three draw on the top-down strategic analysis and bottom-up, stock-specific research of Artemis’ seven-strong US team. All three use the team’s flexible, pragmatic approach to stockpicking.

Cormac Weldon, team head, says: “Having joined Artemis in May, it’s a great pleasure to launch these funds and get on with managing money. Yes, some parts of the American market are looking fully valued. But whether it’s from the revolution in shale oil & gas or from innovation in the tech sector, I am seeing just as many attractive investment opportunities in North America as I have throughout my 25-year career.”

Dick Turpin, Artemis head of asset-gathering, says: “The record of Cormac and his team speaks for itself. We’re delighted to have launched these funds, and have every confidence that they will meet our investors’ expectations.”