PIA M&G South East Asia Ser B
Performance
Discrete Performance - to last month end
| 31/05/12 to 31/05/13 | 31/05/11 to 31/05/12 | 31/05/10 to 31/05/11 | 31/05/09 to 31/05/10 | 31/05/08 to 31/05/09 | |
|---|---|---|---|---|---|
| Fund | 27.56% | -9.99% | 18.22% | 34.67% | -17.75% |
| Sector | - | - | - | - | - |
| Rank | - | - | - | - | - |
| Quartile | - | - | - | - | - |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | 10.72% | 8.50% | - |
| Sector | - | - | - |
| Rank | - | - | - |
| Quartile | - | - | - |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| Samsung Electronics Co. | 5.13 |
| Taiwan Semiconductor Manufacturing | 3.73 |
| Hutchison Whampoa | 3.48 |
| HSBC Holdings PLC (UK Reg) | 3.40 |
| Delta Electronics | 3.29 |
| Jardine Matheson Holdings | 2.95 |
| DBS Group Holdings | 2.67 |
| Mindray Medical International | 2.62 |
| United Overseas Bank | 2.62 |
| AZ Electronic Materials | 2.61 |
| Total | 32.50 |
Fund Aims
The sole objective of the fund is capital growth. Income is not a consideration when investments are selected. The fund invests wholly or predominantly in a wide range of South East Asian (including Australasian) securities. The fund will not however invest in Japanese securities.
Fund Manager
Matthew Vaight joined M&G’s UK equity desk in 1996. He is a member of the global equity team and is manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund. In addition, he is co-manager of the Vanguard Precious Metals & Mining Fund. Matthew graduated from Oxford University with a first class honours degree in mathematics. He is a member of the UK Society of Investment Professionals (UKSIP).
Fund Overview
| Bid (18/06/2013) | 2.51 |
| Offer (18/06/2013) | 2.64 |
| Fund size | £1.78m |
| Underlying Fund size | £575.22m |
| Number of holdings | 53 |
| Annual management charge | 1.35% |
| Launch date | 28/10/2005 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Banks | 18.55 |
| Industrial Goods & Services | 17.54 |
| Personal & Household Goods | 9.72 |
| Technology | 7.53 |
| Utilities | 6.25 |
| Basic Resources | 6.04 |
| Chemicals | 5.62 |
| Telecommunications | 5.44 |
| Health Care | 4.05 |
| Other | 19.23 |
Important Information
Source of portfolio data: FundsLibrary. Source of performance data: Financial Express Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund performance is based upon the movement of the daily price. Performance figures show total return with gross income reinvested in the fund’s currency of denomination. The value of your investment may go down as well as up and your fund value may be less than the payments you have made. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on www.pru.co.uk. Every care has been taken in populating this output, however it must be appreciated that neither Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. The registered office of Prudential International is in Ireland at Montague House, Adelaide Road, Dublin 2. Prudential International Assurance plc is authorised by the Central Bank of Ireland and is subject to limited regulation by the Financial Services Authority for UK business. The registered office of Prudential International is in Ireland at Montague House, Adelaide Road, Dublin 2. Prudential International Assurance plc is authorised by the Central Bank of Ireland and is subject to limited regulation by the Financial Services Authority for UK business.
Asset Allocation
| International Equities | 91.83% | |
| UK Equities | 6.77% | |
| Cash and Equivalents | 1.39% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 11.67% | - | - | - | |
| Basic Resources | - | 6.04% | - | - | |
| Mining | - | - | 3.91% | - | |
| General Mining | - | - | - | 3.91% | |
| Industrial Metals & Mining | - | - | 2.13% | - | |
| Iron & Steel | - | - | - | 1.92% | |
| Nonferrous Metals | - | - | - | 0.21% | |
| Chemicals | - | 5.62% | - | - | |
| Chemicals | - | - | 5.62% | - | |
| Specialty Chemicals | - | - | - | 5.62% | |
| Consumer Goods | 12.69% | - | - | - | |
| Personal & Household Goods | - | 9.72% | - | - | |
| Leisure Goods | - | - | 5.13% | - | |
| Consumer Electronics | - | - | - | 5.13% | |
| Household Goods & Home Construction | - | - | 4.59% | - | |
| Durable Household Products | - | - | - | 2.43% | |
| Nondurable Household Products | - | - | - | 2.16% | |
| Food & Beverage | - | 2.97% | - | - | |
| Food Producers | - | - | 2.97% | - | |
| Food Products | - | - | - | 2.97% | |
| Consumer Services | 3.30% | - | - | - | |
| Travel & Leisure | - | 1.72% | - | - | |
| Travel & Leisure | - | - | 1.72% | - | |
| Hotels | - | - | - | 1.72% | |
| Retail | - | 1.58% | - | - | |
| General Retailers | - | - | 1.58% | - | |
| Apparel Retailers | - | - | - | 1.58% | |
| Financials | 25.21% | - | - | - | |
| Banks | - | 18.55% | - | - | |
| Banks | - | - | 18.55% | - | |
| Banks | - | - | - | 18.55% | |
| Real Estate | - | 3.36% | - | - | |
| Real Estate Investment & Services | - | - | 3.36% | - | |
| Real Estate Holding & Development | - | - | - | 3.36% | |
| Insurance | - | 2.49% | - | - | |
| Life Insurance | - | - | 2.49% | - | |
| Life Insurance | - | - | - | 2.49% | |
| Financial Services | - | 0.80% | - | - | |
| Financial Services | - | - | 0.80% | - | |
| Consumer Finance | - | - | - | 0.80% | |
| Health Care | 4.05% | - | - | - | |
| Health Care | - | 4.05% | - | - | |
| Health Care Equipment & Services | - | - | 2.62% | - | |
| Medical Equipment | - | - | - | 2.62% | |
| Pharmaceuticals & Biotechnology | - | - | 1.44% | - | |
| Biotechnology | - | - | - | 1.44% | |
| Industrials | 19.36% | - | - | - | |
| Industrial Goods & Services | - | 17.54% | - | - | |
| General Industrials | - | - | 7.83% | - | |
| Diversified Industrials | - | - | - | 6.43% | |
| Containers & Packaging | - | - | - | 1.39% | |
| Electronic & Electrical Equipment | - | - | 5.07% | - | |
| Electronic Equipment | - | - | - | 5.07% | |
| Support Services | - | - | 2.47% | - | |
| Business Support Services | - | - | - | 2.47% | |
| Industrial Engineering | - | - | 2.18% | - | |
| Industrial Machinery | - | - | - | 2.18% | |
| Construction & Materials | - | 1.82% | - | - | |
| Construction & Materials | - | - | 1.82% | - | |
| Heavy Construction | - | - | - | 1.82% | |
| Oil & Gas | 3.10% | - | - | - | |
| Oil & Gas | - | 3.10% | - | - | |
| Oil & Gas Producers | - | - | 3.10% | - | |
| Oil & Gas Exploration & Production | - | - | - | 3.10% | |
| Technology | 7.53% | - | - | - | |
| Technology | - | 7.53% | - | - | |
| Technology Hardware & Equipment | - | - | 4.76% | - | |
| Semiconductors | - | - | - | 3.73% | |
| Computer Hardware | - | - | - | 1.03% | |
| Software & Computer Services | - | - | 2.77% | - | |
| Internet | - | - | - | 1.89% | |
| Computer Services | - | - | - | 0.89% | |
| Telecommunications | 5.44% | - | - | - | |
| Telecommunications | - | 5.44% | - | - | |
| Mobile Telecommunications | - | - | 3.38% | - | |
| Mobile Telecommunications | - | - | - | 3.38% | |
| Fixed Line Telecommunications | - | - | 2.06% | - | |
| Fixed Line Telecommunications | - | - | - | 2.06% | |
| Utilities | 6.25% | - | - | - | |
| Utilities | - | 6.25% | - | - | |
| Electricity | - | - | 6.25% | - | |
| Conventional Electricity | - | - | - | 3.75% | |
| Alternative Electricity | - | - | - | 2.51% | |
| Cash and Equivalents | 1.39% | - | - | - | |
Regional Allocation
| Emerging Asia | 36.58% | |
| Developed Asia | 34.98% | |
| Australia & New Zealand | 8.67% | |
| North America | 6.87% | |
| UK | 6.77% | |
| Developed Europe - Excl UK | 2.61% | |
| Other | 3.52% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 36.58% | - | |
South Korea
|
- | 12.91% | |
India
|
- | 9.36% | |
Taiwan
|
- | 8.45% | |
Philippines
|
- | 2.51% | |
China
|
- | 1.77% | |
Thailand
|
- | 1.58% | |
| Developed Asia | 34.98% | - | |
Hong Kong
|
- | 23.70% | |
Singapore
|
- | 11.29% | |
| Australia & New Zealand | 8.67% | - | |
Australia
|
- | 8.67% | |
| North America | 6.87% | - | |
United States
|
- | 6.87% | |
| UK | 6.77% | - | |
United Kingdom
|
- | 6.77% | |
| Developed Europe - Excl UK | 2.61% | - | |
Luxembourg
|
- | 2.61% | |
| South & Central America | 2.13% | - | |
Brazil
|
- | 2.13% | |
| Cash and Equivalents | 1.39% | - | |
Breakdown By Market Cap (%)
| Mega |
|
24.69% |
| Large |
|
19.22% |
| Medium |
|
29.50% |
| Small |
|
9.22% |
| Micro |
|
3.35% |
| Non-Classified |
|
12.62% |
| Bonds |
|
0.00% |
| Cash |
|
1.39% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | Samsung Electronics Co. | 5.13% | Personal & Household Goods | South Korea |
| 2 | Taiwan Semiconductor Manufacturing | 3.73% | Technology | Taiwan |
| 3 | Hutchison Whampoa | 3.48% | Industrial Goods & Services | Hong Kong |
| 4 | HSBC Holdings PLC (UK Reg) | 3.40% | Banks | United Kingdom |
| 5 | Delta Electronics | 3.29% | Industrial Goods & Services | Taiwan |
| 6 | Jardine Matheson Holdings | 2.95% | Industrial Goods & Services | Singapore |
| 7 | DBS Group Holdings | 2.67% | Banks | Singapore |
| 8 | Mindray Medical International | 2.62% | Health Care | United States |
| 9 | United Overseas Bank | 2.62% | Banks | Singapore |
| 10 | AZ Electronic Materials | 2.61% | Chemicals | Luxembourg |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Managed Funds | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|---|
| Basic Materials | - | 11.67% | - | - | - | - | - | - | - | 11.67% |
| Consumer Goods | - | 12.69% | - | - | - | - | - | - | - | 12.69% |
| Consumer Services | - | 3.30% | - | - | - | - | - | - | - | 3.30% |
| Financials | 5.89% | 19.32% | - | - | - | - | - | - | - | 25.21% |
| Health Care | - | 4.05% | - | - | - | - | - | - | - | 4.05% |
| Industrials | - | 19.36% | - | - | - | - | - | - | - | 19.36% |
| Oil & Gas | 0.88% | 2.21% | - | - | - | - | - | - | - | 3.10% |
| Technology | - | 7.53% | - | - | - | - | - | - | - | 7.53% |
| Telecommunications | - | 5.44% | - | - | - | - | - | - | - | 5.44% |
| Utilities | - | 6.25% | - | - | - | - | - | - | - | 6.25% |
| Property | - | - | - | - | - | - | - | - | - | - |
| Cash and Equivalents | - | - | - | - | - | - | - | - | 1.39% | 1.39% |
| Managed Funds | - | - | - | - | - | - | - | - | - | - |
| Bonds | - | - | - | - | - | - | - | - | - | - |
| Non-Classified | - | - | - | - | - | - | - | - | - | - |
| Commodities | - | - | - | - | - | - | - | - | - | - |
| Alternative Trading Strategies | - | - | - | - | - | - | - | - | - | - |
Important Information
The Industry Classification Benchmark is a joint product of FTSE International Limited and Dow Jones & Company, Inc and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on www.pru.co.uk. Every care has been taken in populating this output, however it must be appreciated that neither Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges.
Identification Codes
| Sedol Code | B0MSSK7 |
| Mex Code | SBPMGS |
| Isin Code | IE00B0MSSK71 |
| Citi Code | TI41 |
Charges
| Annual management charge | 1.35% |
Aims and Benchmark
| Benchmark | MSCI AC Asia Pacific ex Japan Index |
| Aims | The sole objective of the fund is capital growth. Income is not a consideration when investments are selected. The fund invests wholly or predominantly in a wide range of South East Asian (including Australasian) securities. The fund will not however invest in Japanese securities. |
Fund Background
| Launch date | 28/10/2005 |
Ratings
| OBSR |  |
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | - |
| Beta | - |
| Sharpe | 0.44 |
| Standard Deviation | 16.45 |
| Info Ratio | - |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Porfolio | Yes |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilites | Yes |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets - The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
Concentrated Porfolio - Thee fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Value of Investments - The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term - Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Umbrella Liabilites - If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
Returns Are Not Guaranteed - What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation - Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief - Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by FundsLibrary. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Every care has been taken in populating this output, however it must be appreciated that neither Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from it's usage. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges.
