Fund changes
Important information about changes to our funds.
Here you’ll find a list of recent and forthcoming changes across our fund range. This includes fund and share class mergers or transfers, fund manager appointments, changes to fund objectives and or names, and changes that may occur as a result of regulatory initiatives.
Merger of Artemis European Select Fund into Artemis SmartGARP European Equity Fund - results of EGM
Last updated 1 Dec 2024
We proposed a merger of Artemis European Select Fund into Artemis SmartGARP European Equity Fund. At an extraordinary general meeting convened at 10.00am on 4 December 2024, the proposal was approved by unitholders. The effective date of the merger will be 10 January 2025.
Artemis Alpha Trust plc update
Last updated 29 Nov 2024
Following the approval by shareholders (at the general meeting held on 29 November 2024) of the special resolution to place Artemis Alpha Trust Plc (the ‘Company’) into members’ voluntary liquidation, Derek Hyslop and Richard Barker both of Ernst & Young LLP of 1 More London Place, London, SE1 2AF have been appointed as joint liquidators of the Company. The Liquidators will be responsible for the winding up and distributing the assets of the Company in accordance with the scheme of reconstruction.
Changes to investment policy, strategy and benchmark of Artemis Positive Future Fund
Last updated 22 Nov 2024
We are making changes to the investment policy, strategy and benchmark of Artemis Positive Future Fund.
Change to the Artemis Strategic Assets income distribution
Last updated 15 Nov 2024
We have changed the classification of the income distribution within the Artemis Strategic Assets. The change will take effect automatically for the 12-month period ending 31 August 2025.
Change to investment policy and negative screens of Artemis Global Select Fund
Last updated 6 Nov 2024
On 6 November we changed the investment policy, specifically the Fund-specific exclusions (negative screening) and the description of the investment strategy.
Closure of Artemis SmartGARP Paris-Aligned Global Equity Fund
Last updated 5 Nov 2024
Artemis SmartGARP Paris-Aligned Global Equity Fund closed on 5th November 2024.
Change to comparator benchmarks of Artemis US Select Fund & Artemis US Smaller Companies Fund
Last updated 31 Oct 2024
On 31 October 2024, the comparator benchmarks of Artemis US Select Fund and Artemis US Smaller Companies Fund changed from S&P 500 Total Return Index and Russell 2000 Total Return Index to S&P 500 Net Return (net of 15% withholding tax) Index and Russell 2000 Net Return (net of 15% withholding tax) Index, respectively.
Change to comparator benchmarks of Artemis Funds (Lux) – US Select and Artemis Funds (Lux) – US Smaller Companies
Last updated 6 Aug 2024
On 6 August 2024, the comparator benchmarks of Artemis Funds (Lux) – US Select and Artemis Funds (Lux) – US Smaller Companies will be changing from S&P 500 Total Return Index and Russell 2000 Total Return Index to S&P 500 Net Return Index and Russell 2000 Net Return Index, respectively.
Change to name, investment policy and negative screens of Artemis Funds (Lux) – Global Select
Last updated 6 Aug 2024
On 6 August 2024 we changed the name, investment policy and negative screens of Artemis Funds (Lux) – Global Select Fund.
Reduction of base Administration Fees for certain UK funds
Last updated 1 August 2024
On 1 August 2024 we reduced the Base Administration Fee of Artemis SmartGARP Global Emerging Markets Equity Fund by 0.04%, aligning it with that of other global equity funds offered by Artemis.
On the same date we also reduced the Base Administration Fee by 0.01% of Artemis Global Income Fund, Artemis Global Select Fund, Artemis Positive Future Fund, Artemis SmartGARP Global Equity Fund, Artemis US Extended Alpha Fund, Artemis US Select Fund and Artemis US Smaller Companies Fund.
Implementation of firmwide exclusions on weapons
Last updated 1 August 2024
Artemis applies a weapons exclusion (screening) policy, paying regard to various international conventions, such as the international convention on cluster munitions and anti-personnel mines. This policy applies to all the investment decisions made by Artemis.
We are including details of weapons exclusions that apply to all Artemis funds in our prospectuses.
Closure of Artemis Funds (Lux) – Positive Future
Last updated 10 May 2024
Artemis Funds (Lux) – Positive Future closed on 10 May 2024.
Reduction of administration fee on Artemis SmartGARP Global Emerging Markets Equity Fund
Last updated 17 April 2024
On 17 April 2024, the administration fee for the Artemis SmartGARP Global Emerging Markets Equity Fund reduced by 0.02%. The minimum chargeable administration fee also reduced from 0.10% to 0.075%.
Closure of Artemis Funds (Lux) – Global Equity Income
Last updated 16 April 2024
Artemis Funds (Lux) – Global Equity Income closed on 16 April 2024.
Change to name, investment objective, policy and strategy, and benchmark of Artemis Target Return Bond Fund
Last updated 18 March 2024
On 18 March 2024, changes were made to the name, investment objective, policy and strategy, and benchmark of Artemis Target Return Bond Fund. From 18 March 2024, the fund is named Artemis Short-Duration Strategic Bond Fund.
Change to name, investment policy and strategy of Artemis European Sustainable Growth Fund
Last updated 31 October 2023
On 31 October 2023, changes were made to the name, investment policy and strategy of Artemis European Sustainable Growth Fund. From 31 October 2023, the fund is named Artemis European Select Fund.
Change to name, investment policy and strategy of Artemis European Sustainable Growth Fund
Last updated 1 August 2023
Unitholders should note the outcome of the extraordinary general meeting that took place on 1 August 2023, regarding a proposal to change the name, investment policy and strategy of Artemis European Sustainable Growth Fund.
Update to the investment policy of Artemis Funds (Lux) – US Extended Alpha
Last updated 30 June 2023
We updated the investment policy of Artemis Fund (Lux) – US Extended Alpha on 30 June 2023 to include negative screening (exclusions) and additional information about ESG factors and sustainability considerations.
Closure of the Artemis US Absolute Return Fund
Last updated 12 June 2023
The Artemis US Absolute Return Fund closed on 12 June 2023.
Changes to the investment policy of Artemis Strategic Assets Fund
Last updated 6 June 2023
The investment policy of the Artemis Strategic Assets Fund has changed to allow the new manager to implement a more efficient investment process. The fund’s objective, benchmark and overall strategy stay the same.
Change of administrator
Last updated 5 April 2023
The administration of accounts and transfer agent services are moving from SS&C Financial Services to Northern Trust Global Services in May this year.
Closure of Artemis Funds (Lux) – US Extended Alpha class FI accumulation USD
Last updated 21 October 2022
Shareholders should note the closure of the above share class of a sub-fund of Artemis Funds (Lux).
Clarification to investment policy of Artemis Funds (Lux) – US Select
Last updated 23 August 2022
We are clarifying the investment policy of Artemis Funds (Lux) – US Select to expressly disclose the possibility for the Fund to hold bank deposits and invest in money market funds and money market instruments. There will be no change in the Fund’s investment strategy and in the manner in which the Fund is being managed following this clarification.
Update to investment policies of Artemis Funds (Lux) – SmartGARP Global Emerging Markets Equity and Artemis Funds (Lux) – Positive Future
Last updated 20 September 2022
We have updated the investment policy of Artemis Funds (Lux) – SmartGARP Global Emerging Markets Equity to include details of negative screening (exclusions) and additional disclosure on sustainable investing. We have also updated the investment policy of Artemis Funds (Lux) – Positive Future to reflect amendments to the negative screening (exclusions).
Update to investment policy of Artemis Positive Future Fund
Last updated 1 August 2022
We have updated the investment policy of Artemis Positive Future Fund to reflect amendments to the negative screening (exclusions).
Restructuring of the depositary and the administrator, registrar, transfer, domiciliary and paying agent
Last updated 21 January 2022
J.P. Morgan Bank Luxembourg S.A. will merge into J.P. Morgan AG which will change legal form to a European Company (Societas Europaea), being J.P. Morgan SE.
Update to investment policies of certain Artemis funds – Sustainable Finance Disclosure Regulation (“SFDR”)
Last updated 15 February 2022
We have updated the investment policies of a number of sub-funds of Artemis Funds (Lux) to include details of negative screening (exclusions) and additional disclosure on sustainable investing.
Update to the investment policy and strategy statement of Artemis Global Select Fund
Last updated 8 March 2022
We have updated the investment policy and strategy statement of Artemis Global Select Fund to include details of negative screening (exclusions) that will determine certain investments that cannot be included in the fund.
Update to the investment policy and strategy statement and name of Artemis European Opportunities Fund
Last updated 8 March 2022
We have updated the investment policy and strategy statement and name of Artemis European Opportunities Fund (the “Fund”) to include details of negative screening (exclusions) that will determine certain investments that cannot be included in the Fund and to include details on how environmental, social and governance (“ESG”) considerations form part of the Fund’s investment process. The fund’s name changed to ‘Artemis European Sustainable Growth Fund’ on 8 March 2022.
Updates to the investment policy of the Artemis Strategic Bond Fund
Last updated 4 January 2022
Effective from 4 January 2022, the investment policy of the Artemis Strategic Bond Fund changed to allow the manager to use derivatives for investment purposes.
Members’ voluntary liquidation of Artemis VCT plc
Last updated 28 October 2021
At a general meeting of Artemis VCT plc, held on 30 September 2020, shareholders voted to approve the members’ voluntary liquidation of the Company with effect from 1 October 2020.
Change to investment objective and benchmark of Artemis US Absolute Return Fund
Last updated 4 January 2022
The investment objective and benchmark of the Artemis US Absolute Return Fund changed from LIBOR to SONIA on 1 January 2022.
Non-dealing days
Last updated 22 September 2021
Artemis is making changes to the prospectuses of its range of funds to take account of days when markets are closed for business.
Closure of Artemis Funds (Lux) – US Absolute Return fund
Last updated 12 July 2021
Artemis Funds (Lux) – US Absolute Return fund was liquidated on 12 July 2021.
Change of name of Artemis Funds (Lux) – Global Emerging Markets
Last updated 28 May 2021
The name of the fund changed to Artemis Funds (Lux) – SmartGARP Global Emerging Markets Equity.
Update to investment policy of Artemis US Absolute Return Fund
Last updated 30 April 2021
We updated the investment objective and policy of Artemis US Absolute Return Fund (the “Fund”) to provide further clarity on the Fund’s objective and policy, so that investors can understand more easily how the Fund is managed.
Update to investment policy of Artemis Funds (Lux) – US Absolute Return
Last updated 30 April 2021
We have updated the investment policy of Artemis Funds (Lux) – US Absolute Return so that investors can more easily understand how the fund is managed.
Update to investment policy of Artemis Funds (Lux) – Short-Dated Global High Yield Bond and Artemis Funds (Lux) – Global High Yield Bond funds
Last updated 30 April 2021
We updated the investment policy of Artemis Funds (Lux) – Short-Dated Global High Yield Bond and Artemis Funds (Lux) – Global High Yield Bond funds.
Update to prospectus of Artemis Funds (Lux) including investment policy of Artemis Funds (Lux) – Global Select
Last updated 16 March 2021
We have updated the prospectus and the investment policy of Artemis Funds (Lux) – Global Select. The prospectus update includes new Sustainability Related Disclosures, an Environmental, Social and Governance (ESG) Investment Risk Disclosure and, in respect of the Artemis Funds (Lux) – Global Select (“the sub-fund”), provides you with more information about how the sub-fund is managed.
Changes to names of funds using the SmartGARP® investment process
Last updated 8 February 2021
The names of certain Artemis funds changed on 8 February 2021.
Transition from IBORs
Last updated 10 December 2020
Artemis is working to ensure there is minimal impact to our clients as a result of changes to IBORs. You do not need to take any action, and we will contact relevant clients in due course about any changes to our funds which we intend to make as a result.
Changes to investment policy of Artemis Target Return Bond Fund
Last updated 19 October 2020
We made some changes to the investment policy of Artemis Target Return Bond Fund. The amendments aim to provide the managers with wider scope to reflect more effectively their individual and collective views on the underlying opportunities in their chosen markets.
Artemis Global Equity Income Fund merger
Last updated 13 July 2020
On 10 July 2020, the Artemis Global Equity Income Fund was merged with the Artemis Global Income Fund.
Closure of Artemis Pan-European Absolute Return Fund
Last updated 20 May 2020
Artemis Pan-European Absolute Return Fund closed on 20th May 2020.
Changes to the Artemis Investment Funds ICVC Prospectus
Last updated 30 April 2020
We have made some changes to the prospectus to clarify that sub-funds of Artemis Investment Funds ICVC may invest over 35% of the scheme property in certain government and public security issuers.
Artemis’ fund range – Update to investment objectives and policies
Last updated 30 April 2020
As part of its market study into the asset management industry, the Financial Conduct Authority (FCA) found that the investment objectives and policies of investment funds could be difficult for investors to understand. We have therefore updated the investment objectives and policies across a number of our funds.
Closure of Artemis Funds (Lux) – Pan-European Absolute Return fund
Last updated 25 March 2020
The Board of Artemis Funds (Lux) has taken the decision to liquidate Artemis Funds (Lux) – Pan-European Absolute Return. The effective date of the liquidation is 25 March 2020.
Artemis US Equity Fund merger
Last updated 15 February 2020
On 14 February 2020, the Artemis US Equity Fund was merged with the Artemis US Select Fund.
Closure of certain OEIC share classes
Last updated 30 September 2019
We believe we can best serve the interests of investors in non-GBP share classes of Artemis strategies through Artemis Funds (Lux). So we have decided to close all non-GBP share classes in sub-funds of our OEIC, Artemis Investment Funds ICVC.
Artemis Global Energy Fund transfer
Last updated 1 August 2019
This fund transferred to Guinness Asset Management Ltd on 31 July 2019.
Transfer of shareholder assets
Last updated 25 March 2019
In preparation for the UK’s prospective withdrawal from the EU, on 22 March 2019 we merged a number of share classes in our UK domiciled OEIC funds into corresponding share classes of the same strategies in our Luxembourg domiciled SICAV funds.
Changes to our charges and pricing
Last updated 1 February 2019
On the 1 February 2019, Artemis made two changes to how its funds operate. Fund charges moved from variable expenses to an administration fee, with a discount applied based on fund size. Additionally, our unit trust funds changed from a dual to single pricing basis.
Notifications of changes to share classes
Notifications to shareholders of changes to share classes within the Artemis Funds (Lux) range of funds.