Artemis UK Future Leaders plc (AFL) ORD GBP0.2

Sell:379.00pBuy:384.00p3.00p (0.79%)

FTSE All Share:0.18%
Market closed |
Prices delayed by at least 15 minutes
Sell:379.00p
Buy:384.00p
Change:3.00p (0.79%)
Market closed |
Prices delayed by at least 15 minutes
Sell:379.00p
Buy:384.00p
Change:3.00p (0.79%)
Market closed |
Prices delayed by at least 15 minutes

Trust Information

About this company

Artemis UK Future Leaders plc., formerly Invesco Perpetual UK Smaller Companies Investment Trust plc, is a United Kingdom-based investment trust. Its investment objective is to achieve long-term total returns for shareholders primarily by investment in a broad cross-section of small to medium sized United Kingdom quoted companies. Its portfolio primarily comprises shares traded on the London Stock Exchange and those traded on alternative investment market (AIM). The Company seeks risk diversification through a broad exposure to the market, where no single investment may exceed 5% of its gross assets at the time of acquisition. The Company may utilize index futures to hedge risk of no more than 10% and other derivatives (including warrants) of no more than 5%. In addition, the Company does not invest more than 10% in collective investment schemes or investment companies, nor more than 10% in non-United Kingdom domiciled companies. Its investment manager is Artemis Fund Managers Limited.

Objective

The Company is an investment trust whose investment objective is to achieve long-term total return for shareholders primarily by investment in a broad cross- section of small to medium sized UK quoted companies.

Costs

  • Ongoing charge0.84%
  • Annual management charge -
  • Performance feeNo

Fee structure

Artemis will charge a management fee of 0.65% of net assets up to 50 million and 0.55% thereafter. The investment management agreement shall be terminable by either party serving six months notice.

Value Assessment

  • Value Assessment review date10 March 2025
  • Value Assessment next review date31 December 2025
  • Is Assessment of Value required under COLL?Yes
  • Outcome of COLL Assessment of ValueCharges are justified based on the results of the assessment, or based on assessment against initial product design if an assessment not yet due
  • Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
  • Other review related to value and or charges -
  • Further information-
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Key facts

  • Currency
    GBX
  • Benchmark
    Deutsche Numis SC Pl AIM ExIvt Cm TR GBP
  • Shares in issue
    49.71m
  • Gross gearing
    0.00%
  • EPIC
    AFL
  • ISIN
    GB00B1FL3C76
  • Domicile
    United Kingdom
  • Exchange
    London Stock Exchange (LON)
  • Index
    FTSE All Share Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.