Pru Life Jupiter Merlin Balanced Portfolio S2
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 | 14.61% | 0.31% | 5.39% | 25.68% | - |
| Sector | 13.04% | -1.83% | 7.90% | 26.19% | -18.47% |
| Rank | 170/449 | 87/427 | 393/409 | 298/389 | - |
| Quartile | 2 | 1 | 4 | 4 | - |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | 6.61% | - | - |
| Sector | 6.19% | 4.26% | 6.97% |
| Rank | 251/409 | - | - |
| Quartile | 3 | - | - |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| GlaxoSmithKline | 1.47 |
| AstraZeneca | 1.12 |
| BT Group | 0.98 |
| HSBC Holdings PLC (UK Reg) | 0.95 |
| British American Tobacco | 0.90 |
| Roche Holding AG Part. Cert. | 0.86 |
| BAE Systems | 0.75 |
| Reynolds American | 0.74 |
| BP | 0.70 |
| Reckitt Benckiser Group | 0.68 |
| Total | 9.15 |
Fund Aims
The investment strategy of the fund is to purchase units in the Jupiter Merlin Balanced Portfolio. That portfolio aims to achieve long-term capital growth with income by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest internationally in company shares, fixed interest securities, commodities and property.
Fund Overview
| Bid (17/05/2013) | 155.10 |
| Offer (17/05/2013) | 163.30 |
| Fund size | £12.92m |
| Underlying Fund size | £1369.02m |
| Number of holdings | 18 |
| Annual management charge | 1.60% |
| Launch date | 20/10/2008 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Bonds | 9.83 |
| Managed Funds | 8.78 |
| Industrial Goods & Services | 8.60 |
| Health Care | 7.67 |
| Commodities | 5.67 |
| Personal & Household Goods | 5.49 |
| Cash and Equivalents | 5.12 |
| Banks | 4.59 |
| High Yield Corporate Bond | 3.98 |
| Other | 40.28 |
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 the 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 is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454. The registered office of Prudential is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454.
Fund and X-Ray Asset Allocation
| International Equities | 34.38% | |
| UK Equities | 24.05% | |
| International Bonds | 14.25% | |
| Managed Funds | 8.78% | |
| UK Corporate Bonds | 5.88% | |
| Commodities | 5.67% | |
| Other | 6.99% |
| Managed Funds | 97.77% | |
| Cash and Equivalents | 2.23% |
X-Ray Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 0.19% | - | - | - | |
| Basic Resources | - | 0.14% | - | - | |
| Mining | - | - | 0.08% | - | |
| Gold Mining | - | - | - | 0.08% | |
| General Mining | - | - | - | 0.00% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
| Forestry & Paper | - | - | 0.05% | - | |
| Paper | - | - | - | 0.05% | |
| Chemicals | - | 0.05% | - | - | |
| Chemicals | - | - | 0.05% | - | |
| Specialty Chemicals | - | - | - | 0.05% | |
| Consumer Goods | 0.11% | - | - | - | |
| Food & Beverage | - | 0.07% | - | - | |
| Beverages | - | - | 0.04% | - | |
| Brewers | - | - | - | 0.03% | |
| Distillers & Vintners | - | - | - | 0.00% | |
| Food Producers | - | - | 0.03% | - | |
| Food Products | - | - | - | 0.03% | |
| Personal & Household Goods | - | 0.04% | - | - | |
| Tobacco | - | - | 0.02% | - | |
| Tobacco | - | - | - | 0.02% | |
| Household Goods & Home Construction | - | - | 0.01% | - | |
| Nondurable Household Products | - | - | - | 0.01% | |
| Automobiles & Parts | - | 0.01% | - | - | |
| Automobiles & Parts | - | - | 0.01% | - | |
| Auto Parts | - | - | - | 0.01% | |
| Consumer Services | 0.74% | - | - | - | |
| Travel & Leisure | - | 0.56% | - | - | |
| Travel & Leisure | - | - | 0.56% | - | |
| Restaurants & Bars | - | - | - | 0.39% | |
| Travel & Tourism | - | - | - | 0.08% | |
| Gambling | - | - | - | 0.04% | |
| Hotels | - | - | - | 0.03% | |
| Recreational Services | - | - | - | 0.02% | |
| Retail | - | 0.14% | - | - | |
| General Retailers | - | - | 0.12% | - | |
| Broadline Retailers | - | - | - | 0.05% | |
| Specialized Consumer Services | - | - | - | 0.04% | |
| Apparel Retailers | - | - | - | 0.02% | |
| Home Improvement Retailers | - | - | - | 0.00% | |
| Food & Drug Retailers | - | - | 0.02% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.02% | |
| Media | - | 0.04% | - | - | |
| Media | - | - | 0.04% | - | |
| Broadcasting & Entertainment | - | - | - | 0.03% | |
| Publishing | - | - | - | 0.01% | |
| Financials | 3.08% | - | - | - | |
| Real Estate | - | 1.07% | - | - | |
| Real Estate Investment Trusts | - | - | 0.80% | - | |
| Retail REITs | - | - | - | 0.61% | |
| Industrial & Office REITs | - | - | - | 0.13% | |
| Specialty REITs | - | - | - | 0.06% | |
| Mortgage REITs | - | - | - | 0.00% | |
| Hotel & Lodging REITs | - | - | - | 0.00% | |
| Real Estate Investment & Services | - | - | 0.26% | - | |
| Real Estate Services | - | - | - | 0.26% | |
| Banks | - | 0.98% | - | - | |
| Banks | - | - | 0.98% | - | |
| Banks | - | - | - | 0.98% | |
| Financial Services | - | 0.72% | - | - | |
| Financial Services | - | - | 0.45% | - | |
| Specialty Finance | - | - | - | 0.23% | |
| Asset Managers | - | - | - | 0.13% | |
| Investment Services | - | - | - | 0.06% | |
| Mortgage Finance | - | - | - | 0.02% | |
| Consumer Finance | - | - | - | 0.01% | |
| Insurance | - | 0.31% | - | - | |
| Nonlife Insurance | - | - | 0.18% | - | |
| Full Line Insurance | - | - | - | 0.08% | |
| Property & Casualty Insurance | - | - | - | 0.07% | |
| Reinsurance | - | - | - | 0.03% | |
| Insurance Brokers | - | - | - | 0.01% | |
| Life Insurance | - | - | 0.13% | - | |
| Life Insurance | - | - | - | 0.13% | |
| Health Care | 0.08% | - | - | - | |
| Health Care | - | 0.08% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 0.07% | - | |
| Biotechnology | - | - | - | 0.04% | |
| Pharmaceuticals | - | - | - | 0.03% | |
| Health Care Equipment & Services | - | - | 0.01% | - | |
| Health Care Providers | - | - | - | 0.01% | |
| Industrials | 0.54% | - | - | - | |
| Industrial Goods & Services | - | 0.54% | - | - | |
| Industrial Transportation | - | - | 0.30% | - | |
| Marine Transportation | - | - | - | 0.21% | |
| Railroads | - | - | - | 0.06% | |
| Transportation Services | - | - | - | 0.02% | |
| Delivery Services | - | - | - | 0.01% | |
| General Industrials | - | - | 0.17% | - | |
| Diversified Industrials | - | - | - | 0.11% | |
| Containers & Packaging | - | - | - | 0.06% | |
| Support Services | - | - | 0.04% | - | |
| Business Support Services | - | - | - | 0.03% | |
| Waste & Disposal Services | - | - | - | 0.01% | |
| Aerospace & Defence | - | - | 0.02% | - | |
| Defence | - | - | - | 0.01% | |
| Aerospace | - | - | - | 0.01% | |
| Electronic & Electrical Equipment | - | - | 0.00% | - | |
| Electrical Components & Equipment | - | - | - | 0.00% | |
| Construction & Materials | - | 0.01% | - | - | |
| Construction & Materials | - | - | 0.01% | - | |
| Building Materials & Fixtures | - | - | - | 0.01% | |
| Oil & Gas | 0.27% | - | - | - | |
| Oil & Gas | - | 0.27% | - | - | |
| Oil & Gas Producers | - | - | 0.22% | - | |
| Oil & Gas Exploration & Production | - | - | - | 0.13% | |
| Integrated Oil & Gas | - | - | - | 0.09% | |
| Oil Equipment, Services & Distribution | - | - | 0.05% | - | |
| Oil Equipment & Services | - | - | - | 0.04% | |
| Pipelines | - | - | - | 0.01% | |
| Technology | 0.01% | - | - | - | |
| Technology | - | 0.01% | - | - | |
| Software & Computer Services | - | - | 0.01% | - | |
| Internet | - | - | - | 0.01% | |
| Telecommunications | 0.25% | - | - | - | |
| Telecommunications | - | 0.25% | - | - | |
| Fixed Line Telecommunications | - | - | 0.23% | - | |
| Fixed Line Telecommunications | - | - | - | 0.23% | |
| Mobile Telecommunications | - | - | 0.01% | - | |
| Mobile Telecommunications | - | - | - | 0.01% | |
| Utilities | 0.41% | - | - | - | |
| Utilities | - | 0.41% | - | - | |
| Gas, Water & Multiutilities | - | - | 0.21% | - | |
| Water | - | - | - | 0.13% | |
| Multiutilities | - | - | - | 0.06% | |
| Gas Distribution | - | - | - | 0.02% | |
| Electricity | - | - | 0.20% | - | |
| Conventional Electricity | - | - | - | 0.19% | |
| Alternative Electricity | - | - | - | 0.00% | |
| Equities | 58.43% | - | - | - | |
| Government | 2.43% | - | - | - | |
| Government | - | 2.43% | - | - | |
| Government | - | - | 2.43% | - | |
| Government | - | - | - | 2.43% | |
| Corporate Bonds | 3.18% | - | - | - | |
| Corporate Bonds | - | 3.18% | - | - | |
| Corporate Bonds | - | - | 3.18% | - | |
| Corporate Bonds | - | - | - | 3.18% | |
| Mortgage Backed securities | 0.27% | - | - | - | |
| Mortgage backed securities | - | 0.27% | - | - | |
| Mortgage backed securities | - | - | 0.27% | - | |
| Mortgage backed securities | - | - | - | 0.27% | |
| Commodities | 5.67% | - | - | - | |
| Commodities | - | 5.67% | - | - | |
| Commodities | - | - | 5.67% | - | |
| Commodities | - | - | - | 5.67% | |
| Managed Funds | 8.78% | - | - | - | |
| Managed Funds | - | 8.78% | - | - | |
| Managed Funds | - | - | 8.78% | - | |
| Managed Funds | - | - | - | 8.78% | |
| Non-Classified | 10.45% | - | - | - | |
| Cash and Equivalents | 5.12% | - | - | - | |
X-Ray Regional and X-Ray Currency Allocation
| UK | 30.35% | |
| North America | 16.75% | |
| Managed Fund | 14.40% | |
| Developed Europe - Excl UK | 14.03% | |
| Cash and Equivalents | 5.12% | |
| Emerging Asia | 4.93% | |
| Other | 14.42% |
| Non-debt | 74.62% | |
| US Dollar | 8.00% | |
| Pound Sterling | 7.46% | |
| Cash | 4.97% | |
| Euro | 3.91% | |
| Australian Dollar | 0.67% | |
| Other | 0.37% |
X-Ray Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 30.35% | - | |
United Kingdom
|
- | 30.35% | |
| North America | 16.75% | - | |
United States
|
- | 15.25% | |
Canada
|
- | 1.41% | |
Bermuda
|
- | 0.09% | |
| Managed Fund | 14.40% | - | |
| Developed Europe - Excl UK | 14.03% | - | |
Switzerland
|
- | 2.75% | |
Germany
|
- | 2.02% | |
France
|
- | 1.86% | |
Netherlands
|
- | 1.86% | |
Luxembourg
|
- | 1.11% | |
Ireland
|
- | 1.09% | |
Norway
|
- | 0.95% | |
Sweden
|
- | 0.81% | |
Finland
|
- | 0.40% | |
Belgium
|
- | 0.40% | |
Spain
|
- | 0.27% | |
Denmark
|
- | 0.25% | |
Italy
|
- | 0.25% | |
Austria
|
- | 0.00% | |
Portugal
|
- | 0.00% | |
| Cash and Equivalents | 5.12% | - | |
| Emerging Asia | 4.93% | - | |
South Korea
|
- | 1.16% | |
Taiwan
|
- | 1.06% | |
Philippines
|
- | 0.74% | |
India
|
- | 0.68% | |
China
|
- | 0.43% | |
Indonesia
|
- | 0.34% | |
Thailand
|
- | 0.25% | |
Malaysia
|
- | 0.14% | |
Sri Lanka
|
- | 0.04% | |
Papua New Guinea
|
- | 0.04% | |
Kazakhstan
|
- | 0.03% | |
Mongolia
|
- | 0.02% | |
| Developed Asia | 3.28% | - | |
Hong Kong
|
- | 2.02% | |
Singapore
|
- | 1.26% | |
| South & Central America | 3.23% | - | |
Brazil
|
- | 1.13% | |
Mexico
|
- | 0.89% | |
Venezuela
|
- | 0.59% | |
Colombia
|
- | 0.15% | |
Peru
|
- | 0.11% | |
Argentina
|
- | 0.09% | |
Dominican Republic
|
- | 0.08% | |
Uruguay
|
- | 0.08% | |
Cayman Islands
|
- | 0.04% | |
El Salvador
|
- | 0.03% | |
Chile
|
- | 0.02% | |
Costa Rica
|
- | 0.01% | |
Bolivia
|
- | 0.00% | |
| Australia & New Zealand | 2.15% | - | |
Australia
|
- | 2.15% | |
New Zealand
|
- | 0.00% | |
| Japan | 2.03% | - | |
Japan
|
- | 2.03% | |
| Emerging Europe | 1.48% | - | |
Turkey
|
- | 0.42% | |
Russian Federation
|
- | 0.41% | |
Ukraine
|
- | 0.15% | |
Croatia
|
- | 0.13% | |
Poland
|
- | 0.11% | |
Lithuania
|
- | 0.10% | |
Hungary
|
- | 0.07% | |
Romania
|
- | 0.03% | |
Latvia
|
- | 0.02% | |
Czech Republic
|
- | 0.02% | |
| Non-Classified | 1.26% | - | |
| Property | 0.74% | - | |
| Middle East & Africa | 0.25% | - | |
South Africa
|
- | 0.05% | |
Cote D'Ivoire
|
- | 0.04% | |
Iraq
|
- | 0.04% | |
Lebanon
|
- | 0.04% | |
Israel
|
- | 0.03% | |
Morocco
|
- | 0.01% | |
Egypt
|
- | 0.01% | |
Nigeria
|
- | 0.01% | |
Senegal
|
- | 0.01% | |
Zambia
|
- | 0.01% | |
Breakdown By Market Cap (%)
| Mega |
|
20.02% |
| Large |
|
17.96% |
| Medium |
|
12.77% |
| Small |
|
2.94% |
| Micro |
|
0.83% |
| Non-Classified |
|
19.94% |
| Bonds |
|
20.42% |
| Cash |
|
5.12% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
8.02% |
| 5Yr - 10Yr Maturity |
|
6.30% |
| 10Yr - 15Yr Maturity |
|
2.35% |
| > 15Yr Maturity |
|
3.75% |
| Cash And Equivalents |
|
5.12% |
| Unknown |
|
6.11% |
| Other |
|
68.36% |
Fixed Interest Quality Profile
| AAA |
|
1.29% |
| AA |
|
0.81% |
| A |
|
1.83% |
| BBB |
|
6.13% |
| BB |
|
4.35% |
| B |
|
3.79% |
| CCC |
|
0.57% |
| Other |
|
81.23% |
Top 10 Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | Invesco Perpetual Income | 9.46% | Managed Funds | Managed Funds |
| 2 | Findlay Park American Fund | 8.90% | Managed Funds | Managed Funds |
| 3 | First State Global Asian Equity Plus Class I | 8.60% | Managed Funds | Managed Funds |
| 4 | M&G Global Dividend Class A | 8.47% | Managed Funds | Managed Funds |
| 5 | Jupiter Growth & Income | 8.23% | Managed Funds | Managed Funds |
| 6 | M&G Strategic Corporate Bond Class A | 5.99% | Managed Funds | Managed Funds |
| 7 | ETFS ETFS Physical Gold [LSE] | 5.62% | Managed Funds | Managed Funds |
| 8 | Prusik Asian Equity Income Class 2X | 5.14% | Managed Funds | Managed Funds |
| 9 | AXA Framlington UK Select Opportunities Class ZI | 5.02% | Managed Funds | Managed Funds |
| 10 | Threadneedle European Select Class 2 | 4.93% | Managed Funds | Managed Funds |
X-Ray Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | GlaxoSmithKline | 1.47% | Health Care | United Kingdom |
| 2 | AstraZeneca | 1.12% | Health Care | United Kingdom |
| 3 | BT Group | 0.98% | Telecommunications | United Kingdom |
| 4 | HSBC Holdings PLC (UK Reg) | 0.95% | Banks | United Kingdom |
| 5 | British American Tobacco | 0.90% | Personal & Household Goods | United Kingdom |
| 6 | Roche Holding AG Part. Cert. | 0.86% | Health Care | Switzerland |
| 7 | BAE Systems | 0.75% | Industrial Goods & Services | United Kingdom |
| 8 | Reynolds American | 0.74% | Personal & Household Goods | United States |
| 9 | BP | 0.70% | Oil & Gas | United Kingdom |
| 10 | Reckitt Benckiser Group | 0.68% | Personal & Household Goods | United Kingdom |
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 | B3BW5Q6 |
| Mex Code | PUJMBL |
| Isin Code | GB00B3BW5Q62 |
| Citi Code | D8Z3 |
Charges
| Annual management charge | 1.60% |
Aims and Benchmark
| Benchmark | IMA Balanced Managed |
| ABI Sector | Mixed Investment 40-85% Shares |
| Aims | The investment strategy of the fund is to purchase units in the Jupiter Merlin Balanced Portfolio. That portfolio aims to achieve long-term capital growth with income by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest internationally in company shares, fixed interest securities, commodities and property. |
Fund Background
| Launch date | 20/10/2008 |
Ratings
| OBSR |  |
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 1.77 |
| Beta | 0.77 |
| Sharpe | 0.43 |
| Standard Deviation | 7.18 |
| Info Ratio | 0.12 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Porfolio | No |
| 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 | Yes |
| Umbrella Liabilites | No |
| 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 |
Fund Specific Risks
Charges to Capital - 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).
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.
Income Eroding Capital Growth - The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.
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.
