Fund Management
Artemis Launches Two New US Funds
Fund manager Artemis will launch two new US equity funds on Monday.
Fund manager Artemis
will launch two new US equity funds on Monday.
Named the Artemis US Smaller Companies Fund and the Artemis US
Absolute Return Fund, they will be managed by Cormac Weldon and
Stephen Moore who both joined from Threadneedle earlier this
year.
“Having joined Artemis in May, it’s a great pleasure to launch
these last two funds. Lower share prices have given us attractive
entry points into a number of leading US companies. I am seeing
just as many investment opportunities in North America now as I
have throughout my 25-year career,” said Cormac Weldon, team
head.
It follows three new US equity funds launched in September also
managed by Cormac Weldon and Stephen Moore.
The Artemis US Equity Fund invests in around 60 to 80 stocks and
aims to outperform the S&P 500, while the Artemis US Select
Fund invests in around 40 to 60 stocks from across the market-cap
spectrum.
The Artemis US Extended Alpha Fund is a UCITS 150/50 fund
designed to outperform the S&P 500 index by combining a
traditional long portfolio of US stocks with a portfolio of short
positions.
