Fund changes
Important information about changes to our funds.
Here you’ll find a list of recent and forthcoming changes across our fund range. This includes fund and share class mergers or transfers, fund manager appointments, changes to fund objectives and or names, and changes that may occur as a result of regulatory initiatives.
Changes to the investment policy of the Artemis Strategic Assets Fund
Last updated 21 Mar 2025
We are making changes to the investment policy of the Artemis Strategic Assets Fund. The change will take effect on 30 May 2025.
Changes to investment policy, strategy and benchmark of Artemis Positive Future Fund
Last updated 1 Feb 2025
On 1 February 2025, changes were made to the investment policy, strategy and benchmark of Artemis Positive Future Fund.
Merger of Artemis European Select Fund into Artemis SmartGARP European Equity Fund
Last updated 10 Jan 2025
On 10 January 2025, Artemis European Select Fund was merged into Artemis SmartGARP European Equity Fund.
Artemis Alpha Trust plc update
Last updated 29 Nov 2024
Following the approval by shareholders (at the general meeting held on 29 November 2024) of the special resolution to place Artemis Alpha Trust Plc (the ‘Company’) into members’ voluntary liquidation, Derek Hyslop and Richard Barker both of Ernst & Young LLP of 1 More London Place, London, SE1 2AF have been appointed as joint liquidators of the Company. The Liquidators will be responsible for the winding up and distributing the assets of the Company in accordance with the scheme of reconstruction.
Change to the Artemis Strategic Assets income distribution
Last updated 15 Nov 2024
We have changed the classification of the income distribution within the Artemis Strategic Assets. The change will take effect automatically for the 12-month period ending 31 August 2025.
Change to investment policy and negative screens of Artemis Global Select Fund
Last updated 6 Nov 2024
On 6 November we changed the investment policy, specifically the Fund-specific exclusions (negative screening) and the description of the investment strategy.
Change to comparator benchmarks of Artemis US Select Fund & Artemis US Smaller Companies Fund
Last updated 31 Oct 2024
On 31 October 2024, the comparator benchmarks of Artemis US Select Fund and Artemis US Smaller Companies Fund changed from S&P 500 Total Return Index and Russell 2000 Total Return Index to S&P 500 Net Return (net of 15% withholding tax) Index and Russell 2000 Net Return (net of 15% withholding tax) Index, respectively.
Reduction of base Administration Fees for certain UK funds
Last updated 1 August 2024
On 1 August 2024 we reduced the Base Administration Fee of Artemis SmartGARP Global Emerging Markets Equity Fund by 0.04%, aligning it with that of other global equity funds offered by Artemis.
On the same date we also reduced the Base Administration Fee by 0.01% of Artemis Global Income Fund, Artemis Global Select Fund, Artemis Positive Future Fund, Artemis SmartGARP Global Equity Fund, Artemis US Extended Alpha Fund, Artemis US Select Fund and Artemis US Smaller Companies Fund.
Implementation of firmwide exclusions on weapons
Last updated 1 August 2024
Artemis applies a weapons exclusion (screening) policy, paying regard to various international conventions, such as the international convention on cluster munitions and anti-personnel mines. This policy applies to all the investment decisions made by Artemis.
We are including details of weapons exclusions that apply to all Artemis funds in our prospectuses.
Reduction of administration fee on Artemis SmartGARP Global Emerging Markets Equity Fund
Last updated 17 April 2024
On 17 April 2024, the administration fee on the Artemis SmartGARP Global Emerging Markets Equity Fund reduced by 0.02%. The minimum chargeable administration fee also reduced from 0.10% to 0.075%.
Change to name, investment objective, policy and strategy of Artemis Target Return Bond Fund
Last updated 18 March 2024
On 18 March 2024, changes were made to the name, investment objective, policy and strategy, and benchmark of Artemis Target Return Bond Fund. From 18 March 2024, the fund is named Artemis Short-Duration Strategic Bond Fund.
Change to name, investment policy and strategy of Artemis European Sustainable Growth Fund
Last updated 31 October 2023
On 31 October 2023, changes were made to the name, investment policy and strategy of Artemis European Sustainable Growth Fund. From 31 October 2023, the fund is named Artemis European Select Fund.
Change to name, investment policy and strategy of Artemis European Sustainable Growth Fund
Last updated 1 August 2023
Unitholders should note the outcome of the extraordinary general meeting that took place on 1 August 2023, regarding a proposal to change the name, investment policy and strategy of Artemis European Sustainable Growth Fund.
Closure of the Artemis US Absolute Return Fund
Last updated 12 June 2023
The Artemis US Absolute Return Fund closed on 12 June 2023.
Changes to the investment policy of Artemis Strategic Assets Fund
Last updated 6 June 2023
The investment policy of the Artemis Strategic Assets Fund has changed to allow the new manager to implement a more efficient investment process. The fund’s objective, benchmark and overall strategy stay the same.
Change of administrator
Last updated 5 April 2023
The administration of accounts and transfer agent services are moving from SS&C Financial Services to Northern Trust Global Services in May this year.
Update to investment policy of Artemis Positive Future Fund
Last updated 1 August 2022
We have updated the investment policy of Artemis Positive Future Fund to reflect amendments to the negative screening (exclusions).
Update to the investment policy and strategy statement of Artemis Global Select Fund
Last updated 8 March 2022
We have updated the investment policy and strategy statement of Artemis Global Select Fund to include details of negative screening (exclusions) that will determine certain investments that cannot be included in the fund.
Update to the investment policy and strategy statement and name of Artemis European Opportunities Fund
Last updated 8 March 2022
We have updated the investment policy and strategy statement and name of Artemis European Opportunities Fund (the “Fund”) to include details of negative screening (exclusions) that will determine certain investments that cannot be included in the Fund and to include details on how environmental, social and governance (“ESG”) considerations form part of the Fund’s investment process. The fund’s name changed to ‘Artemis European Sustainable Growth Fund’ on 8 March 2022.
Updates to the investment policy of the Artemis Strategic Bond Fund
Last updated 4 January 2022
Effective from 4 January 2022, the investment policy of the Artemis Strategic Bond Fund changed to allow the manager to use derivatives for investment purposes.
Members’ voluntary liquidation of Artemis VCT plc
Last updated 28 October 2021
At a general meeting of Artemis VCT plc, held on 30 September 2020, shareholders voted to approve the members’ voluntary liquidation of the Company with effect from 1 October 2020.
Change to investment objective and benchmark of Artemis US Absolute Return Fund
Last updated 4 January 2022
The investment objective and benchmark of the Artemis US Absolute Return Fund changed from LIBOR to SONIA on 1 January 2022.
Non-dealing days
Last updated 22 September 2021
Artemis is making changes to the prospectuses of its range of funds to take account of days when markets are closed for business.
Update to investment objective and policy of Artemis US Absolute Return Fund
Last updated 30 April 2021
We updated the investment objective and policy of Artemis US Absolute Return Fund on 30 April 2021 so that investors can more easily understand how the fund is managed.
Changes to names of funds using the SmartGARP® investment process
Last updated 8 February 2021
The names of certain Artemis funds changed on 8 February 2021.
Transition from IBORs
Last updated 10 December 2020
Artemis is working to ensure there is minimal impact to our clients as a result of changes to IBORs. You do not need to take any action, and we will contact relevant clients in due course about any changes to our funds which we intend to make as a result.
Changes to investment policy of Artemis Target Return Bond Fund
Last updated 19 October 2020
We made some changes to the investment policy of Artemis Target Return Bond Fund. The amendments aim to provide the managers with wider scope to reflect more effectively their individual and collective views on the underlying opportunities in their chosen markets.
Artemis Global Equity Income Fund merger
Last updated 13 July 2020
On 10 July 2020, the Artemis Global Equity Income Fund was merged with the Artemis Global Income Fund.
Closure of Artemis Pan-European Absolute Return Fund
Last updated 20 May 2020
Artemis Pan-European Absolute Return Fund closed on 20th May 2020.
Changes to the Artemis Investment Funds ICVC Prospectus
Last updated 30 April 2020
We have made some changes to the prospectus to clarify that sub-funds of Artemis Investment Funds ICVC may invest over 35% of the scheme property in certain government and public security issuers.
Artemis’ fund range – Update to investment objectives and policies
Last updated 30 April 2020
As part of its market study into the asset management industry, the Financial Conduct Authority (FCA) found that the investment objectives and policies of investment funds could be difficult for investors to understand. We have therefore updated the investment objectives and policies across a number of our funds.
Artemis US Equity Fund merger
Last updated 15 February 2020
On 14 February 2020, the Artemis US Equity Fund was merged with the Artemis US Select Fund.
Artemis Global Energy Fund transfer
Last updated 1 August 2019
This fund transferred to Guinness Asset Management Ltd on 31 July 2019.
Changes to our charges and pricing
Last updated 1 February 2019
On the 1 February 2019, Artemis made two changes to how its funds operate. Fund charges moved from variable expenses to an administration fee, with a discount applied based on fund size. Additionally, our unit trust funds changed from a dual to single pricing basis...