Closure of Artemis Institutional UK Special Situations Fund
Artemis Institutional UK Special Situations Fund closed on 2 March 2022.
Last updated 11 March 2022
At Artemis, we regularly review funds across our range to ensure we are offering appropriate products to our investors. Given the Fund’s decreasing size, the fixed costs are now spread over fewer assets, therefore the relative cost to investors increases. We were capping the Fund’s ongoing charges at 0.78% so that investors were not affected by the reduction in the Fund’s size, but this could not continue indefinitely. As a result, we considered a number of options for the Fund’s future and decided that the best course of action was to close the Fund.
The effective date of closure was 2 March 2022.
Further information about the closure can be found in the unitholder letter below.
Related documents (PDFs, open in a new window)
- Unitholder letter
- Artemis Institutional UK Special Situations Fund annual report and financial statements for the year ended 31 December 2021
Further information
Contact our Client Services team:
- 0800 092 2051 (outside the UK +44 1268 445 401) 8am and 6pm Monday to Friday
- [email protected]