Artemis Funds (Lux) – US Select

The equivalent of the established Artemis US Select Fund (a UK OEIC), this Luxembourg-domiciled SICAV aims to deliver long-term capital growth by investing in a relatively small portfolio of the ‘best ideas’ generated by Artemis’ US equity team.

• ‘Best ideas’: manager Cormac Weldon has the flexibility to invest in stocks wherever he finds opportunity. The fund typically holds 40-60 companies and bears little relation to its index, the S&P 500 stockmarket. Some holdings will be in smaller or less mature companies which the manager believes to have superior long-term growth potential.
• Potential for growth: position sizes reflect a stock’s upside potential and downside risks rather than its stockmarket index weighting, maximising exposure to growth potential.
• Flexible approach: the fund adopts a flexible approach to stock-picking, changing focus as the economic and market cycle change with the aim of delivering returns in different conditions.
• An eye on risk: the manager pays as much attention to evaluating potential financial, market and economic risks as he does to investment opportunity.
• A highly-respected team: the Artemis US equity team has been working together for many years. It has built a reputation for its flexible and pragmatic investment approach.
• ESG integration: the fund integrates ESG factors; for more information, visit Integrating investment and stewardship