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Artemis Income Inclusive - Class R - Income (GBP)

Sell: 207.15pBuy: 219.42p0.75p (0.36%)

Prices as at 15 September 2014

* Please note that there can be occasions when the Selling price shown may be temporarily higher than the Buying price. This can sometimes happen when the stock market is closed but it can also happen at other times for a variety of reasons. However, when the stock market is open and you place a trade, the selling price available to you will never be higher than the buying price. Live prices will be available when you place a deal with us during market hours. Please check these and contact us if you are unable to deal online.
Also available as accumulation units Help

Charges and Savings

Fund manager's initial charge: 5.25%
HL saving on initial charge: 5.25%
HL dealing charge: Free
Net initial charge: 0.00%
Fund manager's annual charge: 1.50%
HL saving on annual charge (loyalty bonus): 0.84%
Net annual charge: 0.66%
Fund manager's other expenses: 0.04%
Performance fee: No  

Please read the Simplified Prospectus/Key Investor Information Document (KIID) in addition to the information above. Further details available in the HL guide to fund prices, savings and yields. Loyalty bonus is paid tax-free in an ISA or SIPP but may be subject to tax in a Fund & Share Account.

HRMC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held outside ISAs or SIPPs should be paid net of basic rate tax. We believe this is incorrect and are challenging HMRC's interpretation. However, in line with best client accounting practice and to save clients facing an unexpected bill in the future, we are currently paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC. Loyalty bonuses in the Vantage Fund & Share Accounts held by overseas investors, companies and charities will be paid without any deductions, as will loyalty bonuses in the Vantage ISA and Vantage SIPP which are exempt from tax.

Other Information

Unit type: Inclusive
Manager: Multiple
Fund launch date: 6 June 2000
Launch price: £1.00
Sector: UK Equity Income
Fund size: £6,929 million
Number of holdings: 58
Fund type: Unit Trust
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00


15/09/09 to 15/09/10 15/09/10 to 15/09/11 15/09/11 to 15/09/12 15/09/12 to 15/09/13 15/09/13 to 15/09/14
Annual return 14.22% -1.16% 19.26% 20.44% 7.18%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

We rate Adrian Frost and Adrian Gosden highly. They have significant experience managing equity income funds and a long history of outperforming. Their approach has been consistent throughout and a focus on cash-generative companies with the ability to reliably increase dividends has served them well. We believe this fund could...

Read more HL research on this fund

Fund Objective

This fund aims to provide an increasing income and capital growth from investing mainly in ordinary shares, preference shares, convertible bonds and fixed-interest securities in the UK. We will not be restricted in our choice of investments, either by the size of the company, the industry it trades in, or the geographical split of the portfolio.

Income Details

Historic yield : 3.50%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 1 November 2014 1 May 2015
Payment date: 31 December 20144 30 June 20154

All yields are variable and not guaranteed. Information correct as at 29 August 2014.

Sector Weight
Pharmaceuticals & Biotechnology 13.59%
Oil & Gas Producers 11.20%
Banks 8.23%
Life Insurance 5.91%
Mining 4.82%
Media 4.78%
Financial Services 4.48%
Fixed Line Telecommunications 4.26%
Tobacco 4.08%
Aerospace & Defence 3.88%
Country Weight
United Kingdom 82.52%
Switzerland 3.64%
Germany 3.36%
Cash and Equiv. 3.20%
France 2.43%
Direct Property and REITs 1.75%
Denmark 1.18%
Netherlands 1.00%
Non-Classified 0.50%
United States 0.14%

Fund Manager

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Photo of Adrian Frost

Key facts

Adrian Frost
Manager start date 01/01/2002
Manager located in London


After Jesus College, Cambridge, Adrian joined Deutsche Asset Management (Morgan Grenfell) in 1983. He was appointed a director in 1990 and head of UK equities in 1996. Adrian joined Artemis in December 2001 and took over the management of the Artemis Income Fund in January 2002. He has also managed the Artemis High Income Fund since September 2002.

Photo of Adrian Gosden

Key facts

Adrian Gosden
Manager start date 01/10/2003
Manager located in London


After graduating from Oxford, Adrian started his investment career with Andersen Consulting as a strategic consultant specialising in the telecoms sector. In 1996, he joined Fleming Investment Management as an analyst and assistant fund manager for UK equities until 1998, when he moved to Société Générale Asset Management. There he co-managed the UK Income Fund and several higher income institutional and charity mandates. Adrian joined the Artemis UK equity team in October 2003. Now he manages the Artemis Income Fund and High Income Fund with Adrian Frost.

You can buy or sell holdings in this fund through a NISA, SIPP or Fund & Share Account

Data received from the Fund Management Company administering this fund and provided to you for your information. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Prices as at 15 September 2014. Data as at 29 August 2014.

Wealth 150 fund

The Wealth 150 is a list of what we believe are the best funds in all the main sectors. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

Wealth 150+ fund

The Wealth 150 is a list of what we believe are the best funds in all the main sectors. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

As investment returns depend on two factors - performance and charges - we have identified from the Wealth 150, the funds we believe offer the very best combination of outstanding performance potential and the best prices. These are the Wealth150+ funds. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.

Core Tracker fund

The Core Trackers list represents what we believe are the very best trackers in each of the main sectors. We analysed each fund's management, process and performance to find the best combination of quality and cost. We want to ensure that the fund has not only tracked its index closely in the past, but that it has the best potential to track well in the future. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.

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