Closure of Artemis Funds (Lux) – Leading Consumer Brands

Closure of Artemis Funds (Lux) – Leading Consumer Brands

Last updated 21 July 2025

At Artemis, we regularly review the funds across our range to ensure we are offering appropriate products to our investors. The assets under management of Artemis Funds (Lux) – Leading Consumer Brands (the “Fund”) were US$14.8m, as at 31 May 2025. An assessment was undertaken on the ongoing viability of the Fund and its future prospects, in terms of increasing size and scale through gaining new investors. Furthermore, the fund manager of the Fund, Swetha Ramachandran, will be leaving Artemis later in 2025. Having considered a number of options, the Board has concluded that there are no suitable options for maintaining the Fund. Therefore, in the best interest of the shareholders of the Fund and in accordance with Article 32 of the articles of incorporation of Artemis Funds (Lux) and the provisions of the Fund's prospectus, the Fund will be liquidated on 31 July 2025.

The notice to shareholders dated 21 July 2025, below, describes the process for the closure of the Fund and sets out the options available to shareholders in the Fund.

For investors in Switzerland

The Prospectus, the Key Information Documents, the statutes, the annual and semi-annual reports of the Fund may be obtained free of charge from the Swiss Representative and Paying Agent, CACEIS Bank, Montrouge, Zurich Branch / Switzerland, Bleicherweg 7, CH-8027 Zurich. 

List of affected unit classes

  • Class FI Accumulation EUR (LU2698445660)
  • Class FI Accumulation GBP (LU2698445827)
  • Class FI Accumulation USD (LU2698446049)
  • Class I Accumulation USD (LU2698445744)
  • Class I Accumulation EUR (LU2698445587)
  • Class I Accumulation GBP (LU2717292358)
  • Class A Accumulation EUR (LU2702789061)
  • Class FB Accumulation GBP (LU2730200479)

Related documents

Further information

Contact our administration team on +352 28 29 41 52 between 9am and 6pm CET (Monday to Friday) or [email protected].