Square Mile Investment Consulting & Research has upgraded Artemis Global Select Fund's Positive Prospect listing to an A rating.

Funds ranked "Positive Prospect" have strong potential in Square Mile's view, but where the manager, strategy or process might still be unproven in differing market conditions. This new A-rating reaffirms Square Mile's confidence in the fund.

Housed within a dedicated section on the Square Mile website, and free for all advisers to access, recommended funds carry a rating - A, AA, AAA, R or P+ - as a mark of quality and a reflection of the level of conviction Square Mile has in a fund's ability to deliver on expectations.

Commenting on the fund, Andrew Johnston, Senior Investment Research Analyst at Square Mile, said:

"Since launch of the Academy of Funds in the summer of 2014 we have been building up our conviction in this strategy and its team. We like that this fund takes a more differentiated approach, with a thematic based investment process looking to grow the value of the portfolio by uncovering quality companies supported by established growth trends.

Furthermore, with an emphasis on preserving capital and a lower exposure to cyclical forces we would also expect the fund to hopefully provide an element of protection when the market struggles."