Artemis Positive Future Fund – Closure

We have been notified that the Artemis Fund Managers Limited has announced the closure of the Artemis Positive Future Fund (the “Fund”), with effect from 5 September 2025.

This closure does not require shareholder approval, and is due to the Fund’s continued underperformance and low asset size (£5.49 million AUM as at 30 June 2025), making it commercially unviable.

Investor Options:

1. Redeem Your Shares
   • You may redeem your holding free of charge up to 12:00 noon (UK time) on 5 September 2025.
   • Proceeds will be paid within four business days of the Effective Date.
   • Please note this may constitute a disposal for tax purposes.
2. Switch to Another Artemis Fund
   • You may switch into another Artemis UK-domiciled fund without charge.
   • Switch instructions must also be received by 12:00 noon on 5 September 2025.
   • This may also be treated as a disposal and have tax implications.
3. Take No Action
   • If you do nothing, your shares will be automatically redeemed at the deadline and proceeds paid to your registered bank account (or via cheque if not available).

Please see attached notification received for more information.  

There are no current holders on Platform.

If you have any questions, please let us know.