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Contact details

Cassini House, 57 St James's Street, London, SW1A 1LD
0800 092 2051 (Dealing)
020 7399 6497 (Fax Number)
0800 0922090 (IFA Support)
0800 092 2051 (Main Number)

Fund managers

* Derek Stuart09-Mar-2000 to Present
* Andy Gray» 01-Jan-2014 to Present
Ruth Keattch» 01-Dec-2008 to 31-Dec-2013

Investment objectives

The fund aims to provide long-term capital growth by exploiting special situations. The fund invests principally in UK equities and in companies which are headquartered or have a significant part of their activities in the UK which are quoted on a regulated market outside the UK.

Key Information

Fund vs sector

  1y 3y
Position 227 / 285 103 / 276
Quartile 4 2

Fund ratings

GoldMstar OBSR
FE Crown Rating: 1 FE Crown Rating


  1y 3y
Volatility 8.07 9.78
Alpha 0.84 2.20
Beta 0.87 0.93
Sharpe 0.02 1.22
Info Ratio 0.12 0.36
R2 0.85 0.89
Quartiles:   1  2  3  4   help with ratios
vs. UK All Companies»
performance chart
ACC +0.0+51.7+66.2+25.9+20.5-9.3+20.7
  UK ALL COMPANIES   +2.0+46.9+60.5+21.9+18.2-8.3+19.2
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf ARTEMIS UK SPECIAL SITUATIONS I ACC ACC 523.05 (p) 533.16 (p) 22-Dec-2014 2.11 0.81% BUH8 B2PLJQ0
pdf ARTEMIS UK SPECIAL SITUATIONS I INC INC 511.96 (p) 521.85 (p) 22-Dec-2014 2.20 0.81% JEDA BB36JR1
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf ARTEMIS UK SPECIAL SITUATIONS R ACC 497.19 (p) 528.12 (p) 22-Dec-2014 1.50 1.56% AY88 0219226

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Unit Trust
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£1,235.3m / $1,928.9m (28-Nov-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch09-Mar-2000
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 1,000
Minimum additional£ 1,000
Initial charge5.25%
Annual management charge1.50%
Note to chargesn/a
Trustee / DepositaryRoyal Bank of Scotland Plc
RegistrarBank of New York Europe Ltd
Dividend policyJan 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity Mixed UK All Companies
Largest holdings, 31-Oct-2014
Holding (%) Rank Fund factsheet Equity factsheet
BP 4.50 1 - *
MICRO FOCUS 4.20 2 - -
ROYAL DUTCH SHELL 'B' 3.80 3 - *
RESOLUTION 3.30 4 - -
DRAX GROUP 3.00 5 - *
HSBC 2.80 6 - *
XCHANGING 2.80 7 - *
REED ELSEVIER 2.60 8 - *
SMITH & NEPHEW AG 2.60 9 - -
Regional weightings, 31-Oct-2014
UK96.401 96.40% UK
Cash3.602 3.60% Cash
Sector weightings, 31-Oct-2014
Financials20.701 20.70% Financials
Consumer Services19.202 19.20% Consumer Services
Industrials15.503 15.50% Industrials
Oil & Gas14.004 14.00% Oil & Gas
Technology11.105 11.10% Technology
Telecommunications5.206 5.20% Telecommunications
Health Care3.907 3.90% Health Care
Basic Materials3.808 3.80% Basic Materials
Cash3.609 3.60% Cash
Utilities3.0010 3.00% Utilities

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

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Ruth "The Shock" Mar 26th, 2010 at 11:43 PM

Keattch is survivor most times out and here the clear lag in the performance implies the fund will suffer more - the bets above are mammoth. She'll move on just as it melts.


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Asset allocation

UK Large Cap Companies, 43.00%
43.0000% ofUK Large Cap Companies
UK Mid Cap Companies, 39.60%
39.6000% ofUK Mid Cap Companies
UK Small Cap Companies, 13.80%
13.8000% ofUK Small Cap Companies
Cash, 3.60%
3.6000% ofCash

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