Investment Objective
The Artemis US Absolute Return Fund is an equity long/short fund. It aims to deliver a positive return over a rolling three-year period, irrespective of changing market conditions. To achieve this, it combines a traditional long portfolio of US stocks with short positions, allowing manager Stephen Moore to use his stock-picking skills to profit from falling, as well as rising, share prices. Short positions are attained using CFDs (contracts for difference) and are used both to hedge market risk and to generate alpha.
Reference Index
3M LIBOR
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.3 | 0.2 | 0.7 | 0.8 | 0.2 | 0.8 | 0.5 | 0.3 | 0.7 | 0.5 | 0.1 | 0.7 | 0.3 | |
| 2020 | 1.0 | 0.6 | 0.2 | 0.5 | 0.9 | 0.7 | 0.2 | 0.1 | 0.8 | 0.9 | 1.0 | 0.8 | 0.0 |
