- The simple aim of the Artemis Monthly Distribution Fund is to pay investors a monthly income, combined with some capital growth, through a mix of investing in bonds and equities.
- Investing c. 50% of assets in equities and c. 50% in fixed income, the portfolio does not utilise any other asset classes – such as commodities, derivatives or unlisted assets.
- “The reality is, we can implement nearly any view we want to through these two sources of returns,” said Jack Holmes, fund manager. “True diversification can be achieved by being nimble between these two asset classes, such as shifting away from the large technology companies in the equity market. While on fixed income, moving away from the heavy duration, government bond focused names and looking to areas such as high yield which offer superior returns compared to investment-grade credit and exhibit lower volatility than equities.”
- Given its focus on growing income over time, Passmore added how the strategy is a compelling option for investors in both the accumulation and decumulation stages of their investment journey.
- For example, compounded, reinvested income has accounted for 61% of the fund’s total return since launch.*
- “Right now, we are finding the best opportunities outside what would be considered the more traditional income areas,” he said. “Within equities this may be in areas such as banks, defence stocks, gold companies and Japanese equities, while in fixed income we like shorter duration debt and the high-quality end of the high-yield market.”
*Source: Artemis/Lipper Limited, class I distribution units in GBP from 21 May 2012 to 30 November 2025.
Launched on 21 May 2012, the fund has accumulated assets of £1.54bn and it sits in the IA Mixed Investment 20-60% Shares sector.
AUM
Sector
Source: Artemis as at 31 December 2025.