Investor Summary

The fund is managed by two experienced portfolio managers: Cormac Weldon, Head of US Equities and Partner at Artemis, who has over three decades of US equity experience and has managed Artemis' US equity strategies since joining in 2014; and Chris Kent, who joined Artemis in 2014 and became co-manager in September 2022. Weldon brings extensive experience from previous roles at KPMG, Provident Mutual, British Gas Pension Fund, and Threadneedle, where he led the North America team. Kent holds a master's degree in chemistry from Bristol University and previously worked at Broadstone Pensions & Investments. Together, they manage the fund using active management techniques with multiple sources of information for idea generation and company validation. The management team has demonstrated strong performance with Weldon's track record showing consistent outperformance against peer groups over 25+ years.

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Fund Strategy

The Artemis US Select Fund aims to deliver long-term capital growth by investing in a small portfolio of the 'best ideas' generated by Artemis' US equity team. The fund's objective is to grow capital over a five year period and invests 80% to 100% in company shares and up to 20% in bonds, cash and near cash, other transferable securities, other funds (up to 10%) managed by Artemis and third party funds and money market instruments. It invests principally in companies listed, quoted and/or traded in the United States of America and in companies which are headquartered or have a significant part of their activities in the USA which are quoted on a regulated market outside the USA. It is expected that the portfolio of the Fund will be invested in the shares of between 35 and 65 companies. The fund is actively managed using multiple sources of information, both to generate ideas and to assist in validating and testing candidate companies for investment. The fund may use derivatives for efficient portfolio management purposes to reduce risk and manage the fund efficiently.

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FUND PERFORMANCE AS OF

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
- - 10.00%