Square Mile has added the Artemis US Select Fund to its Academy of Funds, awarding it an A Rating.

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 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 Artemis US Select Fund, Square Mile's Senior Investment Research Analyst John Monaghan said: "Despite its recent launch, the fund benefits from an experienced investor who has successfully managed an identical strategy across a number of market cycles at his former investment house. Following his arrival at Artemis, manager Cormac Weldon has been joined by the analyst team he previously worked with, thus ensuring the continuation of an investment process we hold in good regard. The approach is team based, and this product draws on the analysts' best ideas taken from across the market-cap spectrum."

"We believe the fund provides investors with solid US equities exposure, which is managed with a consideration for downside risk. Given the nature of the US market, this fund should be considered with a long term investment horizon."