Artemis Monthly Distribution I Inc

ISIN: GB00B6TK3R06 | MEX: PKMONR | CITI: 10EE

  • Buy 78.17 GBX

  • Sell 78.17 GBX

  • Price Change 0.17940%

Past Performance

  • 11th Oct 2019 to 11th Oct 2020-2.58%
  • 11th Oct 2020 to 11th Oct 202114.26%
  • 11th Oct 2021 to 11th Oct 2022-4.06%
  • 11th Oct 2022 to 11th Oct 20234.10%
  • 11th Oct 2023 to 11th Oct 202420.61%

Objectives and Approach

To generate monthly income, combined with some capital growth over a five year period.

Key Information

Inception 21st May 2012
Historic Yield 4.7200%
Sector IA Mixed Investment 20-60% Shares
Fund Size £814.802mn
Fund Type UNIT
Classification Income

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
1.29%
Initial Charge 0%
AMC 0.75%
Our Platform Charge
We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet
0.30%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here
0.30%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.29%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

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      • Cumulative Performance

        1 month3 months6 months1 year3 years5 years
        2.28% 2.06% 4.95% 20.61% 20.46% 34.09%

        Important Information
        Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

        The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



      Composition

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      1,390,334 bytes PDF Document; last updated 31 Aug 2024
      Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INVESTOR INFORMATION DOCUMENT
      149,258 bytes PDF Document; last updated 15 Feb 2024
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      1,360,930 bytes PDF Document; last updated 31 Dec 2023
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      1,068,819 bytes PDF Document; last updated 30 Jun 2024
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      1,161,572 bytes PDF Document; last updated 01 Aug 2024

      Management Team

      James Davidson David Ennett Jack Holmes Jacob de Tusch-Lec

      James Davidson has managed this fund for 3 years .

      James Davidson After a BA in Economics from the University of Sussex (1992) and a MSc in Economic History from the University of Oxford (1993), James joined Baillie Gifford as an analyst in the US equities team. He then moved to Morgan Grenfell as an analyst and, latterly, a manager of US equities before 13 years at Bank of America Merrill Lynch, where he co-founded and later ran BAML’s global equity sales team. In 2013 James became a portfolio manager at JP Morgan, where he ran global equity income portfolios. He joined Artemis’ global income team in 2018 and co-manages the equities in Artemis’ ‘monthly distribution’ strategy. James is a CFA charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by James

      Name of Security Sole/Co Managed Since
      Artemis Monthly Distribution Co Sep 2021
      Artemis Global Income Co Apr 2020
      Artemis Global Income Co Apr 2020

      David Ennett has managed this fund for 2 years .

      David Ennett David joined Artemis in February 2019 from Kames Capital, where he was Head of High Yield. Prior to this he was Head of European High Yield at Standard Life Investments and previously a high yield portfolio manager at Old Mutual Asset Managers in London. David began his career in leveraged finance with roles in banking in Sydney with NAB, and in London with RBS and CIBC. He graduated from the Australian National University with a degree in Political Science and Economics in 2001 and is a CFA charterholder. He co-manages Artemis‘ ‘global high yield‘ strategies, the bonds component of Artemis‘ ‘monthly distribution‘ strategy and Artemis‘ ‘high income‘ strategy.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by David

      Name of Security Sole/Co Managed Since
      Artemis Strgtic Bd Co Nov 2023
      Artemis Funds (L)SDGHYB Co Jun 2019
      Artemis Funds (L)SDGHYB Co Jun 2019
      Artemis Monthly Distribution Co Sep 2022
      Artemis Funds (L)GHYd Co Nov 2019
      Artemis Funds (L)SDGHYB Co Jun 2019
      Artemis Strgtic Bd Co Nov 2023
      Artemis High Income Co Sep 2021
      Artemis Funds (L)SDGHYB Co Jun 2019
      Artemis Strgtic Bd Co Nov 2023
      Artemis High Income Co Sep 2021
      Artemis High Income Co Sep 2021
      Artemis High Income Co Sep 2021
      Artemis Strgtic Bd Co Nov 2023

      Jack Holmes has managed this fund for 2 years .

      Jack Holmes Jack co-manages Artemis’ 'global high yield bond' strategy, 'high income' strategy and 'target return bond' strategy, plus the bonds element of Artemis‘ ‘monthly distribution‘ strategy. Jack joined Artemis in June 2019 from Kames Capital, where since 2016 he co-managed a range of high yield bond funds and was involved in the management of the Strategic Bond strategy. Before that, he was an investment analyst at Standard Life Investments. Jack began his career as an economist at Cambridge Econometrics after graduating from Trinity College Dublin with a first class honours degree in economics. He is a CFA charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Jack

      Name of Security Sole/Co Managed Since
      Artemis Funds (L)SDGHYB Co Sep 2022
      Artemis Funds (L)SDGHYB Co Sep 2022
      Artemis Monthly Distribution Co Sep 2022
      Artemis Sh-Du Stgc Bd Co Nov 2023
      Artemis Funds (L)GHYd Co Nov 2019
      Artemis Funds (L)SDGHYB Co Sep 2022
      Artemis High Income Co Sep 2021
      Artemis Funds (L)SDGHYB Co Sep 2022
      Artemis High Income Co Sep 2021
      Artemis High Income Co Sep 2021
      Artemis Sh-Du Stgc Bd Co Nov 2023
      Artemis High Income Co Sep 2021

      Jacob de Tusch-Lec has managed this fund for 12 years and 4 months.

      Jacob de Tusch-Lec Jacob has managed Artemis’ global income strategies since July 2010. He also manages, with Jack Holmes, David Ennett and James Davidson, Artemis’ ‘monthly distribution’ multi-asset strategy, which launched in May 2012. Having joined Artemis in 2005, he managed a UK equity strategy from January 2006 until June 2010. Jacob began his career in 1998 at BankInvest, one of Scandinavia’s largest independent fund managers. In 2002 he joined Merrill Lynch as vice-president of pan-European equity strategy. Jacob holds a BA and an MSc in economics from the University of Copenhagen; and an MBA from the Stern School of Business at New York University (NYU).

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Jacob

      Name of Security Sole/Co Managed Since
      Artemis Monthly Distribution Co May 2012
      Artemis Global Income Co Jul 2010
      Artemis Global Income Co Jul 2010

      Investment involves risk. You may get back less than invested.