Artemis UK Select Fund I Acc
£11.4066
£0.179 (+1.59%)
ATUGA
B2PLJG0
GB00B2PLJG05
- Key stats
- Growth
- Fidelity insight
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Our view
Why we like the fund
Artemis UK Select is a concentrated multi-cap best ideas fund run by an experienced manager with a strong track record of managing UK Equity portfolios both at Artemis and previously at Standard Life. The manager uses deep fundamental analysis with macro-awareness which combines a bottom up focus on earnings growth, cash flow and balance sheet resilience, with re-rating potential linked to top down themes and industry cycles. The fund will typically hold between 40 and 50 long positions and between 3 and 10 shorts which provide the flexibility to capitalise on both positive and negative investment insights and offers the potential for better risk-adjusted returns.
How to use this fund
The fund has a bias towards undervalued companies meaning that we expect it to perform best when markets rise on the back of rapid economic growth when more cyclical sectors tend to perform well versus the broader market. In turn, we expect it to lag in more defensively driven markets, where the economic backdrop is weaker. This is why holding it in combination with a more defensive or growth fund may give a smoother return profile over the medium to long term.