31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
---|---|---|---|---|---|
Fund | -20.0% | 33.9% | 7.2% | -0.2% | 6.5% |
Benchmark | -18.5% | 26.7% | 13.0% | 2.9% | 8.4% |
Quarter | Annualised | |||
---|---|---|---|---|
1 2024 |
3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
|
Fund | 2.6% | 4.5% | 4.1% | 5.2% |
Benchmark | 3.6% | 8.0% | 5.4% | 5.8% |
Stock | % Weight |
---|---|
ASTRAZENECA | 6.64 |
HSBC HOLDINGS | 6.20 |
UNILEVER | 4.30 |
SHELL | 4.08 |
BP | 3.97 |
GSK | 3.74 |
DIAGEO | 2.87 |
LONDON STOCK EXCHANGE GROUP | 2.17 |
RECKITT BENCKISER GROUP | 1.81 |
NATIONAL GRID | 1.80 |
Total | 37.57 |
Objective: The investment strategy of the fund is to purchase units in the M&G UK Equity Fund - the underlying fund.
Underlying Fund Objective: The fund invests, via other M&G PP funds, in the shares of UK companies. The fund is actively managed against its benchmark, the FTSE All-Share Index. It is a “fund of funds” holding units in several more specialised UK equity funds giving access to a variety of methods for generating investment returns in differing market conditions.
Performance Objective: To outperform the benchmark by 0.75% - 1.0% a year (before charges) on a rolling three year basis.
With access to investment professionals around the world and assets under management of £178bn, the M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. Over the years they have built a thorough and effective governance framework, which includes the setting and monitoring of investment mandates, regular performance and activity health checks and independent analysis of investment, credit and liquidity risks.
Daily price (02/05/2024) | 381.60 |
Fund size (31/03/2024) | £119.90m |
Underlying Fund size | £289.85m |
Number of holdings | 707 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Launch date | 06/04/2001 |
UK Equities | 92.79% | |
International Equities | 2.29% | |
Property | 2.12% | |
Investment Trusts | 1.23% | |
Cash and Equivalents | 0.81% | |
Alternative Trading Strategies | 0.00% | |
Other Assets | 0.76% |
Performance as at Q3 2023 - The UK stockmarket ended a roller-coaster third quarter with a modest gain, supported by larger companies. UK multinationals mainly benefited from the boost to their overseas revenues from a bout of sterling weakness. This reflected the flat-lining domestic economy, the Bank of England’s decision to hold interest rates at 5.25% in September, and a strong US dollar. Against this backdrop, the fund fell modestly and was a little behind the FTSE All-Share Index. The Smaller Companies, UK Equity Growth and Recovery funds underperformed their respective indices, while the UK Dividend Fund was broadly in line. The Smaller Companies Fund’s performance was held back predominantly by stock selection, while sector allocation was roughly neutral. Stock picks in technology and consumer discretionary held back returns, while selection in the strongly performing energy sector and in basic materials were helpful. It is worth noting that the two largest detractors in the quarter related to companies not held in the fund that received bids and subsequently performed well. The UK Equity Growth Fund finished a volatile third quarter for the UK stockmarket behind its benchmark. This was mainly due to a below-market position in larger companies, which benefited from the boost to their overseas revenues of a weaker trend in sterling over the quarter. In particular, the energy sector was very strong on the back of a soaring oil price, and the fund does not own BP and Shell, which were the main individual detractors. In terms of positions held, there were good returns from several stocks, including Burford Capital, which provides litigation financing and continued its strong momentum from the second quarter. The Recovery Fund was behind the FTSE All-Share Index. Against a background of rising bond yields, the value investment style reasserted itself in the quarter, which benefited the portfolio through the outperformance of sectors such as banks and energy, where it has above-market positions. The main drag on performance came from the healthcare sector. For example, having performed strongly earlier in the year, Mesoblast sold off after the US Food and Drug Administration requested anothertrial for its graft-versus-host disease (GvHD) treatment. Finally, the UK Equity Dividend Fund was broadly in line with the FTSE All-Share Index, as a positive contribution from sector allocation was offset by stock selection. Value was mainly added through a below-market position in consumer staples companies, which came under pressure from a shift in market sentiment in favour of more economically sensitive sectors. However, this trend adversely affected an above-market position in electricity generators.
Source: M&G
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this infomation or make any warranties regarding results from its usage.
UK Equities | 92.79% | |
International Equities | 2.29% | |
Property | 2.12% | |
Investment Trusts | 1.23% | |
Cash and Equivalents | 0.81% | |
Alternative Trading Strategies | 0.00% | |
Other Assets | 0.76% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Financials | 23.15% | - | - | - | |
Banks | - | 9.65% | - | - | |
Banks | - | - | 9.65% | - | |
Banks | - | - | - | 9.65% | |
Financial Services | - | 9.10% | - | - | |
Investment Banking & Brokerage Services | - | - | 5.41% | - | |
Asset Managers & Custodians | - | - | - | 4.52% | |
Investment Services | - | - | - | 0.84% | |
Diversified Financial Services | - | - | - | 0.05% | |
Finance & Credit Services | - | - | 2.45% | - | |
Financial Data & Systems | - | - | - | 2.17% | |
Mortgage Finance | - | - | - | 0.20% | |
Consumer Lending | - | - | - | 0.08% | |
Equity Investment Instruments | - | - | 1.24% | - | |
Equity Investment Instruments | - | - | - | 1.24% | |
Insurance | - | 4.41% | - | - | |
Life Insurance | - | - | 3.08% | - | |
Life Insurance | - | - | - | 3.08% | |
Non-life Insurance | - | - | 1.32% | - | |
Property & Casualty Insurance | - | - | - | 0.97% | |
Full Line Insurance | - | - | - | 0.25% | |
Reinsurance | - | - | - | 0.10% | |
Industrials | 13.79% | - | - | - | |
Industrial Goods & Services | - | 12.02% | - | - | |
Industrial Support Services | - | - | 4.04% | - | |
Professional Business Support Services | - | - | - | 2.74% | |
Business Training & Employment Agencies | - | - | - | 0.79% | |
Industrial Suppliers | - | - | - | 0.38% | |
Transaction Processing Services | - | - | - | 0.13% | |
Security Services | - | - | - | 0.01% | |
Aerospace & Defence | - | - | 2.21% | - | |
Defense | - | - | - | 1.26% | |
Aerospace | - | - | - | 0.95% | |
Industrial Engineering | - | - | 1.70% | - | |
Machinery: Industrial | - | - | - | 0.98% | |
Machinery: Construction & Handling | - | - | - | 0.57% | |
Machinery: Specialty | - | - | - | 0.14% | |
Industrial Transportation | - | - | 1.65% | - | |
Marine Transportation | - | - | - | 0.51% | |
Commercial Vehicle-Equipment Leasing | - | - | - | 0.48% | |
Delivery Services | - | - | - | 0.35% | |
Transportation Services | - | - | - | 0.32% | |
General Industrials | - | - | 1.52% | - | |
Containers & Packaging | - | - | - | 0.85% | |
Diversified Industrials | - | - | - | 0.67% | |
Electronic & Electrical Equipment | - | - | 0.89% | - | |
Electrical Components | - | - | - | 0.50% | |
Electronic Equipment: Control & Filter | - | - | - | 0.21% | |
Electronic Equipment: Gauges & Meters | - | - | - | 0.19% | |
Construction & Materials | - | 1.77% | - | - | |
Construction & Materials | - | - | 1.77% | - | |
Construction | - | - | - | 0.76% | |
Engineering & Contracting Services | - | - | - | 0.36% | |
Building, Roofing/Wallboard & Plumbing | - | - | - | 0.35% | |
Building Materials: Other | - | - | - | 0.23% | |
Cement | - | - | - | 0.06% | |
Consumer Staples | 13.16% | - | - | - | |
Personal Care, Drug & Grocery Stores | - | 7.40% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 7.40% | - | |
Personal Products | - | - | - | 4.30% | |
Nondurable Household Products | - | - | - | 1.81% | |
Food Retailers & Wholesalers | - | - | - | 1.30% | |
Food, Beverage & Tobacco | - | 5.76% | - | - | |
Beverages | - | - | 3.91% | - | |
Distillers & Vintners | - | - | - | 2.94% | |
Soft Drinks | - | - | - | 0.98% | |
Food Producers | - | - | 1.48% | - | |
Food Products | - | - | - | 1.41% | |
Farming, Fishing, Ranching & Plantations | - | - | - | 0.07% | |
Tobacco | - | - | 0.37% | - | |
Tobacco | - | - | - | 0.37% | |
Health Care | 11.53% | - | - | - | |
Health Care | - | 11.53% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 11.13% | - | |
Pharmaceuticals | - | - | - | 10.63% | |
Biotechnology | - | - | - | 0.50% | |
Medical Equipment & Services | - | - | 0.40% | - | |
Medical Equipment | - | - | - | 0.26% | |
Medical Supplies | - | - | - | 0.14% | |
Consumer Discretionary | 11.02% | - | - | - | |
Media | - | 4.07% | - | - | |
Media | - | - | 4.07% | - | |
Publishing | - | - | - | 2.48% | |
Media Agencies | - | - | - | 1.20% | |
Radio & TV Broadcasters | - | - | - | 0.39% | |
Entertainment | - | - | - | 0.00% | |
Consumer Products & Services | - | 2.99% | - | - | |
Consumer Services | - | - | 1.50% | - | |
Vending & Catering Service | - | - | - | 1.48% | |
Consumer Services: Misc. | - | - | - | 0.02% | |
Household Goods & Home Construction | - | - | 0.89% | - | |
Home Construction | - | - | - | 0.89% | |
Household Furnishings | - | - | - | 0.00% | |
Leisure Goods | - | - | 0.42% | - | |
Toys | - | - | - | 0.42% | |
Electronic Entertainment | - | - | - | 0.00% | |
Personal Goods | - | - | 0.18% | - | |
Clothing & Accessories | - | - | - | 0.17% | |
Luxury Items | - | - | - | 0.01% | |
Travel & Leisure | - | 2.42% | - | - | |
Travel & Leisure | - | - | 2.42% | - | |
Hotels & Motels | - | - | - | 0.76% | |
Recreational Services | - | - | - | 0.55% | |
Casinos & Gambling | - | - | - | 0.48% | |
Travel & Tourism | - | - | - | 0.34% | |
Restaurants & Bars | - | - | - | 0.22% | |
Airlines | - | - | - | 0.07% | |
Retail | - | 1.42% | - | - | |
Retailers | - | - | 1.42% | - | |
Home Improvement Retailers | - | - | - | 0.82% | |
Diversified Retailers | - | - | - | 0.28% | |
Specialty Retailers | - | - | - | 0.19% | |
Apparel Retailers | - | - | - | 0.12% | |
Automobiles & Parts | - | 0.10% | - | - | |
Automobiles & Parts | - | - | 0.10% | - | |
Auto Parts | - | - | - | 0.08% | |
Automobiles | - | - | - | 0.02% | |
Energy | 8.99% | - | - | - | |
Energy | - | 8.99% | - | - | |
Non-Renewable Energy | - | - | 8.67% | - | |
Integrated Oil & Gas | - | - | - | 8.04% | |
Oil: Crude Producers | - | - | - | 0.53% | |
Oil Equipment & Services | - | - | - | 0.09% | |
Renewable Energy | - | - | 0.33% | - | |
Alternative Fuels | - | - | - | 0.29% | |
Renewable Energy Equipment | - | - | - | 0.04% | |
Basic Materials | 5.55% | - | - | - | |
Basic Resources | - | 4.45% | - | - | |
Industrial Metals & Mining | - | - | 4.27% | - | |
General Mining | - | - | - | 3.50% | |
Copper | - | - | - | 0.44% | |
Metal Fabricating | - | - | - | 0.15% | |
Nonferrous Metals | - | - | - | 0.14% | |
Iron & Steel | - | - | - | 0.04% | |
Precious Metals & Mining | - | - | 0.18% | - | |
Gold Mining | - | - | - | 0.15% | |
Platinum & Precious Metals | - | - | - | 0.02% | |
Diamonds & Gemstones | - | - | - | 0.00% | |
Industrial Materials | - | - | 0.00% | - | |
Diversified Materials | - | - | - | 0.00% | |
Chemicals | - | 1.09% | - | - | |
Chemicals | - | - | 1.09% | - | |
Chemicals: Diversified | - | - | - | 0.73% | |
Specialty Chemicals | - | - | - | 0.37% | |
Utilities | 3.69% | - | - | - | |
Utilities | - | 3.69% | - | - | |
Gas, Water & Multi-utilities | - | - | 2.75% | - | |
Multi-Utilities | - | - | - | 1.89% | |
Water | - | - | - | 0.85% | |
Electricity | - | - | 0.94% | - | |
Conventional Electricity | - | - | - | 0.94% | |
Waste & Disposal Services | - | - | 0.00% | - | |
Waste & Disposal Services | - | - | - | 0.00% | |
Technology | 2.99% | - | - | - | |
Technology | - | 2.99% | - | - | |
Software & Computer Services | - | - | 2.55% | - | |
Software | - | - | - | 1.32% | |
Consumer Digital Services | - | - | - | 0.98% | |
Computer Services | - | - | - | 0.25% | |
Technology Hardware & Equipment | - | - | 0.44% | - | |
Semiconductors | - | - | - | 0.34% | |
Electronic Components | - | - | - | 0.09% | |
Production Technology Equipment | - | - | - | 0.01% | |
Real Estate | 2.92% | - | - | - | |
Real Estate | - | 2.92% | - | - | |
Real Estate Investment Trusts | - | - | 2.61% | - | |
Industrial REITs | - | - | - | 0.92% | |
Diversified REITs | - | - | - | 0.59% | |
Office REITs | - | - | - | 0.47% | |
Residential REITs | - | - | - | 0.23% | |
Retail REITs | - | - | - | 0.19% | |
Storage REITs | - | - | - | 0.11% | |
Other Specialty REITs | - | - | - | 0.07% | |
Health Care REITs | - | - | - | 0.03% | |
Real Estate Investment & Services | - | - | 0.31% | - | |
Real Estate Services | - | - | - | 0.19% | |
Real Estate Holding and Development | - | - | - | 0.12% | |
Non-Classified | 1.22% | - | - | - | |
Telecommunications | 1.18% | - | - | - | |
Telecommunications | - | 1.18% | - | - | |
Telecommunications Service Providers | - | - | 1.15% | - | |
Telecommunications Services | - | - | - | 1.15% | |
Telecommunications Equipment | - | - | 0.03% | - | |
Telecommunications Equipment | - | - | - | 0.03% | |
Cash and Equivalents | 0.81% | - | - | - | |
Alternative Trading Strategies | 0.00% | - | - | - | |
Alternative Trading Strategies | - | 0.00% | - | - | |
Alternative Trading Strategies | - | - | 0.00% | - | |
Alternative Trading Strategies | - | - | - | 0.00% |
UK | 92.84% | |
Non-Classified | 2.16% | |
Property | 2.01% | |
Developed Europe - Excl UK | 1.61% | |
Cash and Equivalents | 0.81% | |
Developed Asia | 0.28% | |
North America | 0.17% | |
Middle East & Africa | 0.07% | |
Australia & New Zealand | 0.03% |
Non-Fixed Interest Assets | 97.64% | |
Cash | 2.32% | |
Pound Sterling | 0.04% |
Region | Country | ||
---|---|---|---|
UK | 92.84% | - | |
United Kingdom | - | 92.89% | |
Non-Classified | 2.16% | - | |
Property | 2.01% | - | |
Developed Europe - Excl UK | 1.61% | - | |
Ireland | - | 1.27% | |
Switzerland | - | 0.20% | |
Germany | - | 0.11% | |
Netherlands | - | 0.02% | |
Luxembourg | - | 0.00% | |
France | - | 0.00% | |
Sweden | - | 0.00% | |
Cash and Equivalents | 0.81% | - | |
Developed Asia | 0.28% | - | |
Hong Kong | - | 0.24% | |
Singapore | - | 0.05% | |
North America | 0.17% | - | |
Canada | - | 0.09% | |
United States | - | 0.08% | |
Middle East & Africa | 0.07% | - | |
Israel | - | 0.07% | |
Australia & New Zealand | 0.03% | - | |
Australia | - | 0.03% |
Mega |
|
45.60% |
Large |
|
15.41% |
Medium |
|
16.87% |
Small |
|
9.99% |
Micro |
|
2.66% |
Non-Classified |
|
8.67% |
Cash |
|
0.81% |
Name | % Weight | Sector | Country | |
---|---|---|---|---|
1 | M&G (ACS) BlackRock UK All Share Equity PA | 48.22% | Managed Funds | Managed Funds |
2 | M&G PP UK Equity Growth | 19.67% | Managed Funds | Managed Funds |
3 | M&G PP UK Equity Dividend | 14.09% | Managed Funds | Managed Funds |
4 | M&G PP Recovery Fund | 13.97% | Managed Funds | Managed Funds |
5 | M&G PP UK Smaller Companies Fund | 3.94% | Managed Funds | Managed Funds |
6 | M&G PP UK Equity 350 Passive | 0.02% | Managed Funds | Managed Funds |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | ASTRAZENECA | 6.64% | Pharmaceuticals & Biotechnology | United Kingdom |
2 | HSBC HOLDINGS | 6.20% | Banks | United Kingdom |
3 | UNILEVER | 4.30% | Personal Care, Drug & Grocery Stores | United Kingdom |
4 | SHELL | 4.08% | Non-Renewable Energy | United Kingdom |
5 | BP | 3.97% | Non-Renewable Energy | United Kingdom |
6 | GSK | 3.74% | Pharmaceuticals & Biotechnology | United Kingdom |
7 | DIAGEO | 2.87% | Beverages | United Kingdom |
8 | LONDON STOCK EXCHANGE GROUP | 2.17% | Finance & Credit Services | United Kingdom |
9 | RECKITT BENCKISER GROUP | 1.81% | Personal Care, Drug & Grocery Stores | United Kingdom |
10 | NATIONAL GRID | 1.80% | Gas, Water & Multi-utilities | United Kingdom |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | 2.93% | 0.06% | - | - | - | - | - | - | 2.99% |
Telecommunications | 1.18% | - | - | - | - | - | - | - | 1.18% |
Financials | 21.84% | 0.08% | - | - | - | - | 1.23% | - | 23.15% |
Real Estate | 0.96% | - | - | - | - | 1.97% | - | - | 2.92% |
Consumer Discretionary | 10.75% | 0.27% | - | - | - | - | - | - | 11.02% |
Consumer Staples | 12.80% | 0.36% | - | - | - | - | - | - | 13.16% |
Energy | 8.99% | - | - | - | - | - | - | - | 8.99% |
Utilities | 3.69% | - | - | - | - | - | - | - | 3.69% |
Health Care | 11.25% | 0.28% | - | - | - | - | - | - | 11.53% |
Industrials | 13.21% | 0.58% | - | - | - | - | - | - | 13.79% |
Basic Materials | 4.99% | 0.56% | - | - | - | - | - | - | 5.55% |
Cash and Equivalents | - | - | - | - | - | - | - | 0.81% | 0.81% |
Non-Classified | 0.20% | 0.10% | - | - | - | 0.15% | 0.77% | - | 1.22% |
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
The Industry Classification Benchmark is a product of FTSE International Limited 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 pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Sedol Code | 3169447 |
Mex Code | PUUKE |
Isin Code | GB0031694473 |
Citi Code | P286 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims | Objective: The investment strategy of the fund is to purchase units in the M&G UK Equity Fund - the underlying fund. Underlying Fund Objective: The fund invests, via other M&G PP funds, in the shares of UK companies. The fund is actively managed against its benchmark, the FTSE All-Share Index. It is a “fund of funds” holding units in several more specialised UK equity funds giving access to a variety of methods for generating investment returns in differing market conditions. Performance Objective: To outperform the benchmark by 0.75% - 1.0% a year (before charges) on a rolling three year basis. |
Benchmark | FTSE All-Share Index |
Sector | ABI UK All Companies |
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Charges and further costs may vary in the future and may be higher than they are now.
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 pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Ratio | Value |
---|---|
Alpha | 0.52 |
Beta | 1.01 |
Sharpe | 0.05 |
Standard Deviation | 11.71 |
Info Ratio | 0.22 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | Yes |
Emerging Markets | No |
Concentrated Portfolio | No |
Smaller Companies | No |
High Yield Bonds | No |
Sector Specific | Yes |
Geared Investments | No |
Value of Investments | Yes |
Investments Long Term | Yes |
Property | No |
Exchange Rate | No |
Higher Risk | No |
Performance Charges | No |
Derivative Exposure | No |
Offshore | No |
Income Eroding Capital Growth | No |
Umbrella Liabilities | No |
New Fund | No |
Solvency of Depository | Yes |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
The fund invests in specific sectors. Funds which invest in specific sectors may carry more risk than those spread across a number of different sectors. They may assume higher risk, as markets/sectors can be more volatile. In particular, gold, technology funds and other focused funds can suffer as the underlying stocks can be more volatile and less liquid.
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 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.
The value of a cash or currency fund may be affected if any of the institutions with which cash is deposited becomes insolvent or experiences other financial difficulties.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
The risk factor definitions are provided by Broadridge. 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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this infomation or make any warranties regarding results from its usage.
These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.
We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.
This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this infomation or make any warranties regarding results from its usage.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this infomation or make any warranties regarding results from its usage.
Prudential is a trading name of Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.