Prudential Unit Trusts Limited Cautious Managed Growth Fund Class A Inc

Essentials Portfolio Analysis Background Data Risk Performance View PDF Factsheet

Performance

Discrete Performance - to last month end

30/04/12 to 30/04/13 30/04/11 to 30/04/12 30/04/10 to 30/04/11 30/04/09 to 30/04/10 30/04/08 to 30/04/09
Fund 13.00% 0.03% 8.63% 23.85% -14.66%
Sector 11.93% -0.41% 5.90% 22.21% -14.48%
Rank - - - - -
Quartile - - - - -

Annualised Performance

3Y 5Y 10Y
Fund 7.08% 5.35% -
Sector 5.68% 4.29% 6.05%
Rank - - -
Quartile - - -

Top 10 Holdings

Stock % Weight
HSBC Holdings PLC (UK Reg) 0.72
BUNDESOBLIGATION I/L 0.68
Northern Trust GBP Fund Class D 0.65
GlaxoSmithKline 0.58
Samsung Electronics Co. 0.58
TREASURY BILL 0.49
BUNDESREPUB. DEUTSCHLAND 0.47
BP 0.45
2½% Index-linked Treasury Stock 2016 0.42
Rio Tinto 0.42
Total 5.47

Fund Aims

The fund's objective is to deliver long term total return (the combination of income and growth of capital). The fund aims to achieve its objective through asset allocation unconstrained by any benchmark. The fund may invest globally either directly or via collective investment schemes into various assets including equities, deposits and money market investments, and indirectly in property. The fund will invest no more than 60% of the portfolio in equities.

Fund Manager

Matthew Williams manager for 6 years and 3 months

Photo of Matthew Williams Matthew joined the Prudential Group in December 1991 as a bond fund manager. His current responsibilities are to ensure the sound management of all the Prudential Unit Trust and Unit Linked funds. Matthew also has specific responsibility for implementing asset allocation within these multi-asset funds. Prior to this Matthew worked for Morley Asset Management as a graduate trainee and then a bond Fund Manager. Matthew graduated from York University in 1989 with a BA Hons in Mathematics.

Fund Overview

Mid (21/05/2013) 120.52p
Historic yield 1.45%
Fund size £63.41m
Number of holdings 20
Initial charge 5.00%
Annual management charge 1.35%
Ongoing Charges 1.67%
Launch date 15/02/2007

Equity Sector Allocation

FTSE/ICB Supersector % Weight
Bonds 18.40
Investment Grade Corp Bonds 13.55
Property 7.27
Cash and Equivalents 7.09
Financial Services 5.19
Banks 5.00
Industrial Goods & Services 4.82
High Yield Corporate Bond 4.73
Technology 3.81
Other 30.14
Portfolio data accurate as at: 31/03/13

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 net income reinvested in GBP. 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. “Prudential” is a trading name of Prudential Unit Trusts Limited and Prudential Personal Equity Plans Limited. This name is also used by other companies within the Prudential Group, which between them provide a range of financial products including life assurance, pensions, savings and investment products. Prudential Unit Trusts Limited and Prudential Personal Equity Plans Limited are registered in England and Wales under numbers 1796126 and 2059989 respectively. Registered Office at Laurence Pountney Hill, London EC4R 0HH. Authorised and regulated by the Financial Services Authority.

Fund and X-Ray Asset Allocation

pie chart
  International Equities 28.88%
  International Bonds 23.13%
  UK Corporate Bonds 16.99%
  UK Equities 11.35%
  Property 7.51%
  Cash and Equivalents 7.09%
  Other 5.06%
pie chart
  Managed Funds 89.99%
  Commodities 4.10%
  Investment Trusts 3.54%
  Cash and Equivalents 2.03%
  UK Equities 0.34%

X-Ray Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Basic Materials 0.37% - - -
 
 Chemicals - 0.28% - -
 
 Chemicals - - 0.28% -
 
 Specialty Chemicals - - - 0.28%
 
 Basic Resources - 0.08% - -
 
 Forestry & Paper - - 0.04% -
 
 Paper - - - 0.04%
 
 Mining - - 0.03% -
 
 General Mining - - - 0.03%
 
 Industrial Metals & Mining - - 0.01% -
 
 Nonferrous Metals - - - 0.01%
 
 Consumer Goods 0.61% - - -
 
 Personal & Household Goods - 0.29% - -
 
 Household Goods & Home Construction - - 0.17% -
 
 Nondurable Household Products - - - 0.17%
 
 Tobacco - - 0.09% -
 
 Tobacco - - - 0.09%
 
 Personal Goods - - 0.04% -
 
 Clothing & Accessories - - - 0.04%
 
 Food & Beverage - 0.24% - -
 
 Beverages - - 0.16% -
 
 Distillers & Vintners - - - 0.10%
 
 Brewers - - - 0.07%
 
 Food Producers - - 0.08% -
 
 Food Products - - - 0.08%
 
 Automobiles & Parts - 0.08% - -
 
 Automobiles & Parts - - 0.08% -
 
 Automobiles - - - 0.06%
 
 Auto Parts - - - 0.02%
 
 Consumer Services 1.40% - - -
 
 Retail - 0.65% - -
 
 General Retailers - - 0.57% -
 
 Broadline Retailers - - - 0.41%
 
 Apparel Retailers - - - 0.08%
 
 Home Improvement Retailers - - - 0.07%
 
 Specialized Consumer Services - - - 0.01%
 
 Food & Drug Retailers - - 0.08% -
 
 Food Retailers & Wholesalers - - - 0.08%
 
 Travel & Leisure - 0.48% - -
 
 Travel & Leisure - - 0.48% -
 
 Restaurants & Bars - - - 0.16%
 
 Travel & Tourism - - - 0.13%
 
 Gambling - - - 0.12%
 
 Hotels - - - 0.04%
 
 Recreational Services - - - 0.02%
 
 Media - 0.28% - -
 
 Media - - 0.28% -
 
 Broadcasting & Entertainment - - - 0.16%
 
 Publishing - - - 0.12%
 
 Financials 9.15% - - -
 
 Financial Services - 4.94% - -
 
 Financial Services - - 1.25% -
 
 Specialty Finance - - - 0.71%
 
 Investment Services - - - 0.31%
 
 Mortgage Finance - - - 0.18%
 
 Asset Managers - - - 0.05%
 
 Consumer Finance - - - 0.01%
 
 Banks - 2.49% - -
 
 Banks - - 2.49% -
 
 Banks - - - 2.49%
 
 Insurance - 0.94% - -
 
 Life Insurance - - 0.47% -
 
 Life Insurance - - - 0.47%
 
 Nonlife Insurance - - 0.47% -
 
 Full Line Insurance - - - 0.27%
 
 Reinsurance - - - 0.16%
 
 Insurance Brokers - - - 0.03%
 
 Property & Casualty Insurance - - - 0.01%
 
 Real Estate - 0.77% - -
 
 Real Estate Investment Trusts - - 0.46% -
 
 Retail REITs - - - 0.23%
 
 Industrial & Office REITs - - - 0.23%
 
 Real Estate Investment & Services - - 0.31% -
 
 Real Estate Services - - - 0.31%
 
 Health Care 0.13% - - -
 
 Health Care - 0.13% - -
 
 Pharmaceuticals & Biotechnology - - 0.12% -
 
 Biotechnology - - - 0.09%
 
 Pharmaceuticals - - - 0.03%
 
 Health Care Equipment & Services - - 0.01% -
 
 Health Care Providers - - - 0.01%
 
 Industrials 0.96% - - -
 
 Industrial Goods & Services - 0.92% - -
 
 Industrial Transportation - - 0.43% -
 
 Railroads - - - 0.23%
 
 Transportation Services - - - 0.15%
 
 Marine Transportation - - - 0.03%
 
 Delivery Services - - - 0.02%
 
 General Industrials - - 0.17% -
 
 Diversified Industrials - - - 0.16%
 
 Containers & Packaging - - - 0.01%
 
 Support Services - - 0.16% -
 
 Business Support Services - - - 0.16%
 
 Waste & Disposal Services - - - 0.00%
 
 Electronic & Electrical Equipment - - 0.08% -
 
 Electrical Components & Equipment - - - 0.08%
 
 Industrial Engineering - - 0.05% -
 
 Industrial Machinery - - - 0.05%
 
 Aerospace & Defence - - 0.03% -
 
 Defence - - - 0.02%
 
 Aerospace - - - 0.00%
 
 Construction & Materials - 0.04% - -
 
 Construction & Materials - - 0.04% -
 
 Building Materials & Fixtures - - - 0.04%
 
 Heavy Construction - - - 0.00%
 
 Oil & Gas 0.28% - - -
 
 Oil & Gas - 0.28% - -
 
 Oil & Gas Producers - - 0.28% -
 
 Integrated Oil & Gas - - - 0.24%
 
 Oil & Gas Exploration & Production - - - 0.03%
 
 Oil Equipment, Services & Distribution - - 0.01% -
 
 Pipelines - - - 0.01%
 
 Technology 0.00% - - -
 
 Technology - 0.00% - -
 
 Technology Hardware & Equipment - - 0.00% -
 
 Semiconductors - - - 0.00%
 
 Telecommunications 0.83% - - -
 
 Telecommunications - 0.83% - -
 
 Fixed Line Telecommunications - - 0.71% -
 
 Fixed Line Telecommunications - - - 0.71%
 
 Mobile Telecommunications - - 0.12% -
 
 Mobile Telecommunications - - - 0.12%
 
 Utilities 1.28% - - -
 
 Utilities - 1.28% - -
 
 Gas, Water & Multiutilities - - 0.86% -
 
 Water - - - 0.51%
 
 Multiutilities - - - 0.28%
 
 Gas Distribution - - - 0.07%
 
 Electricity - - 0.42% -
 
 Conventional Electricity - - - 0.41%
 
 Alternative Electricity - - - 0.01%
 
 Equities 40.23% - - -
 
 Government 3.17% - - -
 
 Government - 3.17% - -
 
 Government - - 3.17% -
 
 Government - - - 3.17%
 
 Corporate Bonds 7.34% - - -
 
 Corporate Bonds - 7.34% - -
 
 Corporate Bonds - - 7.34% -
 
 Corporate Bonds - - - 7.34%
 
 Asset Backed securities 0.01% - - -
 
 Asset backed securities - 0.01% - -
 
 Asset backed securities - - 0.01% -
 
 Asset backed securities - - - 0.01%
 
 Mortgage Backed securities 1.14% - - -
 
 Mortgage backed securities - 1.14% - -
 
 Mortgage backed securities - - 1.14% -
 
 Mortgage backed securities - - - 1.14%
 
 Property 7.27% - - -
 
 Property - 7.27% - -
 
 Property - - 7.27% -
 
 Property - - - 7.27%
 
 Managed Funds 0.31% - - -
 
 Managed Funds - 0.31% - -
 
 Managed Funds - - 0.31% -
 
 Managed Funds - - - 0.31%
 
 Non-Classified 18.43% - - -
 
 Cash and Equivalents 7.09% - - -

X-Ray Regional and X-Ray Currency Allocation

pie chart
  UK 29.32%
  Developed Europe - Excl UK 22.99%
  North America 12.39%
  Property 7.51%
  Cash and Equivalents 7.09%
  Emerging Asia 5.70%
  Other 15.01%
pie chart
  Non-debt 51.84%
  Pound Sterling 19.91%
  Euro 15.09%
  Cash 7.09%
  US Dollar 4.52%
  Unrecognised 1.08%
  Swiss Franc 0.47%

X-Ray Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 29.32% -
 
 United Kingdom - 29.32%
 
 Developed Europe - Excl UK 22.99% -
 
 Germany - 5.62%
 
 Netherlands - 3.55%
 
 France - 3.11%
 
 Luxembourg - 2.22%
 
 Switzerland - 2.14%
 
 Ireland - 1.57%
 
 Spain - 1.24%
 
 Sweden - 1.07%
 
 Italy - 0.64%
 
 Austria - 0.55%
 
 Belgium - 0.36%
 
 Norway - 0.31%
 
 Denmark - 0.31%
 
 Finland - 0.27%
 
 Portugal - 0.02%
 
 North America 12.39% -
 
 United States - 11.89%
 
 Canada - 0.50%
 
 Property 7.51% -
 
 Cash and Equivalents 7.09% -
 
 Emerging Asia 5.70% -
 
 South Korea - 1.56%
 
 China - 1.02%
 
 Taiwan - 0.93%
 
 India - 0.79%
 
 Indonesia - 0.42%
 
 Thailand - 0.37%
 
 Malaysia - 0.32%
 
 Papua New Guinea - 0.15%
 
 Philippines - 0.13%
 
 Japan 5.19% -
 
 Japan - 5.19%
 
 Non-Classified 4.67% -
 
 Developed Asia 1.49% -
 
 Hong Kong - 1.24%
 
 Singapore - 0.25%
 
 Australia & New Zealand 1.29% -
 
 Australia - 1.28%
 
 New Zealand - 0.01%
 
 South & Central America 0.99% -
 
 Brazil - 0.51%
 
 Mexico - 0.33%
 
 Chile - 0.08%
 
 Colombia - 0.06%
 
 Peru - 0.01%
 
 Emerging Europe 0.56% -
 
 Russian Federation - 0.24%
 
 Poland - 0.10%
 
 Turkey - 0.08%
 
 Czech Republic - 0.06%
 
 Croatia - 0.06%
 
 Hungary - 0.01%
 
 Middle East & Africa 0.51% -
 
 South Africa - 0.49%
 
 Egypt - 0.01%
 
 Morocco - 0.00%
 
 Managed Fund 0.31% -

Breakdown By Market Cap (%)

Mega
 
 
14.62%
Large
 
 
8.54%
Medium
 
 
9.44%
Small
 
 
2.14%
Micro
 
 
0.10%
Non-Classified
 
 
16.99%
Bonds
 
 
41.07%
Cash
 
 
7.09%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
21.19%
5Yr - 10Yr Maturity
 
 
9.89%
10Yr - 15Yr Maturity
 
 
3.06%
> 15Yr Maturity
 
 
5.94%
Cash And Equivalents
 
 
7.09%
Unknown
 
 
1.05%
Other
 
 
51.79%

Fixed Interest Quality Profile

AAA
 
 
6.06%
AA
 
 
3.31%
A
 
 
7.06%
BBB
 
 
12.03%
BB
 
 
4.81%
B
 
 
3.86%
CCC
 
 
0.96%
Other
 
 
61.92%

Top 10 Fund Holdings

Name % Weight Sector Country
1 M&G Corporate Bond Class I 12.66% Managed Funds Managed Funds
2 M&G European Corporate Bond Class A 12.30% Managed Funds Managed Funds
3 M&G High Yield Corporate Bond Class X 11.08% Managed Funds Managed Funds
4 M&G Pan European Class A 9.76% Managed Funds Managed Funds
5 M&G Property Portfolio Class I 9.08% Managed Funds Managed Funds
6 Pru UK Growth QIS Class C 7.95% Managed Funds Managed Funds
7 M&G American Class A 6.10% Managed Funds Managed Funds
8 Pru Pacific Markets Class C 5.98% Managed Funds Managed Funds
9 M&G Japan Class A 5.22% Managed Funds Managed Funds
10 M&G Short Dated Corporate Bond Class A 4.74% Managed Funds Managed Funds

X-Ray Top 10 Holdings

Stock % Weight Sector Country
1 HSBC Holdings PLC (UK Reg) 0.72% Banks United Kingdom
2 BUNDESOBLIGATION I/L 0.68% Bonds Germany
3 Northern Trust GBP Fund Class D 0.65% Bonds United Kingdom
4 GlaxoSmithKline 0.58% Health Care United Kingdom
5 Samsung Electronics Co. 0.58% Personal & Household Goods South Korea
6 TREASURY BILL 0.49% Bonds United States
7 BUNDESREPUB. DEUTSCHLAND 0.47% Bonds Germany
8 BP 0.45% Oil & Gas United Kingdom
9 2½% Index-linked Treasury Stock 2016 0.42% Bonds United Kingdom
10 Rio Tinto 0.42% Basic Resources United Kingdom
Portfolio data accurate as at: 31/03/13

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 B1P9ZS1
Mex Code PUCMAI
Isin Code GB00B1P9ZS17
Citi Code Q648

Charges

Initial charge 5.00%
Annual management charge 1.35%
Exit Charge None
Performance Charge None
Ongoing Charges 1.67%

Aims and Benchmark

Benchmark Variable
IMA Sector Mixed Investment 20-60% Shares
Aims The fund's objective is to deliver long term total return (the combination of income and growth of capital). The fund aims to achieve its objective through asset allocation unconstrained by any benchmark. The fund may invest globally either directly or via collective investment schemes into various assets including equities, deposits and money market investments, and indirectly in property. The fund will invest no more than 60% of the portfolio in equities.

Fund Background

Valuation frequency Quarterly
Valuation point 12:00
Fund type OEIC
Launch date 15/02/2007
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
Isa allowable Yes
Sipp allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 November 31 December

Ratings

FE Crown Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
3.60% 4.60%

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian Royal Bank of Scotland plc

Group Details

Group name Prudential Unit Trusts Limited
Group address Laurence Pountney Hill London EC4R 0HH
Group telephone 0808 234 0808
Dealing telephone 0870 7070073
Email contact.us@prudential.co.uk
Homepage www.pruadviser.co.uk
Fax number 0808 234 0404

Dealing

Minimum Investment £0
Minimum Top Up £0
Minimum Regular Saving -
Settlement Period: Buy 0 days
Settlement Period: Sell 0 days
Pricing Basis None
Dealing Decimals 0

Risk Analysis

Ratio Value
Alpha -0.12
Beta 1.28
Sharpe 0.45
Standard Deviation 8.02
Info Ratio 0.42

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Porfolio No
Smaller Companies No
High Yield Bonds Yes
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property Yes
Exchange Rate No
Higher Risk No
Performance Charges No
Derivative Exposure Yes
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilites Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers Yes
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Concentration Coefficient

585

A measure of portfolio concentration, e.g. where the fund coefficient is 25, this means the portfolio concentration is equivalent to holding 25 equally weighted stocks.

Fund Specific Risks

High Yield Bonds - The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.

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.

Property - The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)

Derivative Exposure - The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.

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.

Solvency of Bond Issuers - If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.

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.