Artemis Funds (Lux) – UK Select

A 'best ideas' strategy, the Artemis Funds (Lux) UK Select fund seeks to grow capital by investing in a focused portfolio of 35 to 65 UK-listed companies without any regard to the composition of any market index.

• Genuinely active: a flexible approach to portfolio construction means the fund’s largest holdings are those in which the managers have the highest levels of belief. Because not all opportunities are equal in risk or reward, position sizes reflect stock-specific risks and liquidity, rather than index weightings. This produces an entirely distinctive portfolio.
• Free from market-cap bias: in the experience of managers Ed Legget and Ambrose Faulks, an agnostic approach to market-capitalisation weightings can deliver exceptional performance. Returns from stockmarket indices depend on the performance of its largest constituents. But the composition of the Artemis UK Select fund is entirely free from the market-cap bias inherent in market indices and the funds that track them.
• Macro aware: the managers’ views on the economy act as a lens through which to view bottom-up investment opportunities. The fund’s largest holdings will be in stocks where there is a strong positive alignment between the stock-specific investment thesis and the managers’ macroeconomic views.
• Ability to ‘go short’: to enhance returns, the managers have the flexibility to hold short positions. This allows the fund to profit from falling – as well as rising – share prices.
• ESG integration: the fund integrates ESG factors; for more information, visit Integrating investment and stewardship