Artemis UK Smaller Companies
Launch Date 03/04/1998 Initial Charge 5.00%
Fund Size £301M Discount 5.00%
ISIN Number GB0002583598 The total cost of investment after the discount is applied* 0%
Legal Structure Unit Trust (UNIT) Annual Management Charge 1.50%

* In addition, the fund manager will incur stamp duty, bid/offer spreads in the market and stockbroking commission, which may be in part passed onto the investor. Charges rounded up to nearest 0.01%

The Artemis UK Smaller Companies fund aims to maximise capital growth through investment in UK Equities with a market capitalisation such that they are or could be part of the FTSE Small Capitalisation Index. It is suitable for an investor who requires exposure to UK Equities, but who wishes to focus this investment on smaller companies, and is prepared to accept a high level of investment risk.

Artemis was founded in 1997, as a specialist investment manager focusing on UK Equities. Having undergone a period of ownership by ABN AMRO and then Fortis Bank Artemis have recently bought themselves out with the help of AMG fund managers.

The UK Smaller Companies fund is managed by John Dodd and Mark Niznik. Dodd was one of the founding partners of Artemis, having previously managed the UK Smaller Companies team at Ivory & Sime. All Artemis funds are managed through a team approach, with all managers being responsible for generating investment ideas.
Key Sector % of fund
   INDUSTRIALS 28.5%
   TELECOM, MEDIA & TECHNOLOGY 19.3%
   OIL & GAS 17.1%
   DISTRIBUTORS 7.8%
   FOOD PRODUCERS 7.5%
   HEALTH CARE 6.1%
   FINANCIALS 5%
   OTHERS 5%
   REAL ESTATE 3.7%

The sector asset allocation is shown above. The relative performance of the fund is given in the table below. Please bear in mind that past performance is not a guide to the future, and the value of this investment and any income can go down as well as up, and you may not get back the amount you invested.
Cumulative Performance
3 mth 6 mth 1 yr 3 yr 5 yr
Fund -1.99% 3.62% 29.18% -37.02% -1.11%
Sector -3.64% -0.34% 25.19% -23.11% 18%
Relative to sector 1.65% 3.96% 3.99% -13.91% -19.11%
Rank within sector 16/56 12/56 16/56 44/50 33/42

Data supplied by Financial Express as at July 2010, bid/bid income reinvested. Our views are based upon our understanding of the current legislation. You should not act on any of the information without seeking professional advice. clarity is authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate all types of Pensions, Mortgages or Taxation Advice.