Price
440.12p
Historic yield
0.00%
As at
28 Mar 2024
ISIN
GB00BMMV5G59
The Artemis US Extended Alpha Fund uses a ‘long/short’ strategy in seeking to grow capital over five years*. It combines a traditional portfolio of around 40 to 60 ‘long’ positions, where the manager buys shares he expects to increase in value, with a portfolio of ‘short’ positions where the manager buys shares he expect to decrease in value. A short position involves the sale of an asset the fund does not physically own with the aim of buying it later at a lower price to secure a profit.
All financial investments involve taking risk and the value of an investment may go down as well as up. This fund carries an additional risk that the price of a shorted asset goes up, resulting in the fund making a loss on the trade, causing a negative contribution to the fund’s overall performance. The fund uses derivatives to achieve a short position synthetically. If you are unsure whether a fund that uses shorting and derivatives is suitable for you, we would encourage you to consult a financial adviser.
*There is no guarantee that the fund will achieve a positive return over a five-year period or any other time period and your capital is at risk.
Adrian Brass
Fund manager, since September 2022
Adrian manages Artemis’ ‘US Extended Alpha’ long/short strategy
James Dudgeon
Fund manager, since September 2022
James co-manages Artemis’ ‘US Extended Alpha’ long/short strategy
William Warren
Fund manager, since launch
William has co-managed Artemis’ US long/short strategy since launch in 2014.
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