Pru Life Cash Acc (ex M&G)

Essentials Portfolio Analysis Background Data Risk Performance View PDF Factsheet

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 -0.64% -0.58% -0.62% -0.66% 1.45%
Sector -0.28% -0.11% -0.20% -0.03% 2.06%
Rank 24/28 25/28 24/26 25/26 21/24
Quartile 4 4 4 4 4

Annualised Performance

3Y 5Y 10Y
Fund -0.61% -0.21% 1.31%
Sector -0.20% 0.28% 1.63%
Rank 24/26 23/24 22/23
Quartile 4 4 4

Top 10 Holdings

Stock % Weight
M G TD GBP 23.44
M G TD GBP 22.92
M G TD GBP 21.88
M G TD GBP 21.36
Cash 10.41
Total 100.00

Fund Aims

The investment strategy of the fund is to provide a return consistent with investing in interest bearing deposits and/or short-term UK government bonds.

Fund Manager

Richard Woolnough

Photo of Richard Woolnough Richard joined the Prudential Group in January 2004 and is a fund manager on the fixed interest desk. Richard entered the fund management arena in 1987, when he joined Assicurazioni Generali, Italy’s largest insurance company, as a manager of equities and Sterling bonds. In 1993 he joined S.G. Warburg as a member of their sterling bond trading team, where he was given responsibility for the most heavily traded sector. Richard moved out of London to join Old Mutual in 1995, where he was recruited to run a Sterling based annuity portfolio. Richard gained a degree in economics from the London School of Economics between 1982 and 1985.

Ben Lord

Photo of Ben Lord Ben Lord joined Prudential Group in 2007 and was appointed fund manager of the M&G High Interest Fund in February 2009. Ben previously worked at Gordian Knott as a credit analyst covering financial institutions. He obtained an MA in philosophy from the University of Edinburgh and is a CFA charterholder.

Fund Overview

Bid (18/06/2013) 558.00
Offer (18/06/2013) 586.00
Fund size £48.00m
Number of holdings 5
Annual management charge 1.00%
Launch date 31/10/1974

Equity Sector Allocation

FTSE/ICB Supersector % Weight
Cash and Equivalents 100.00
Portfolio data accurate as at: 30/04/13

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 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.

Asset Allocation

pie chart
  Cash and Equivalents 100.00%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Cash and Equivalents 100.00% - - -

Regional Allocation

pie chart
  Cash and Equivalents 100.00%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Cash and Equivalents 100.00% -

Breakdown By Market Cap (%)

Mega
 
 
0.00%
Large
 
 
0.00%
Medium
 
 
0.00%
Small
 
 
0.00%
Micro
 
 
0.00%
Non-Classified
 
 
0.00%
Bonds
 
 
0.00%
Cash
 
 
100.00%

Top 10 Holdings

Stock % Weight Sector Country
1 M G TD GBP 23.44% Cash and Equivalents Cash and Equivalents
2 M G TD GBP 22.92% Cash and Equivalents Cash and Equivalents
3 M G TD GBP 21.88% Cash and Equivalents Cash and Equivalents
4 M G TD GBP 21.36% Cash and Equivalents Cash and Equivalents
5 Cash 10.41% Cash and Equivalents Cash and Equivalents

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 - - - - - - - - - -
Consumer Goods - - - - - - - - - -
Consumer Services - - - - - - - - - -
Financials - - - - - - - - - -
Health Care - - - - - - - - - -
Industrials - - - - - - - - - -
Oil & Gas - - - - - - - - - -
Technology - - - - - - - - - -
Telecommunications - - - - - - - - - -
Utilities - - - - - - - - - -
Property - - - - - - - - - -
Cash and Equivalents - - - - - - - - 100.00% 100.00%
Managed Funds - - - - - - - - - -
Bonds - - - - - - - - - -
Non-Classified - - - - - - - - - -
Commodities - - - - - - - - - -
Alternative Trading Strategies - - - - - - - - - -
Portfolio data accurate as at: 30/04/13

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 0548812
Mex Code MGDA
Isin Code GB0005488126
Citi Code MA10

Charges

Annual management charge 1.00%

Aims and Benchmark

Benchmark 7-day Libid
ABI Sector Deposit & Treasury
Aims The investment strategy of the fund is to provide a return consistent with investing in interest bearing deposits and/or short-term UK government bonds.

Fund Background

Launch date 31/10/1974

Ratings

FE Crown Crown Rating of 5

Risk Analysis

Ratio Value
Alpha -0.62
Beta -0.02
Sharpe 0.00
Standard Deviation 0.03
Info Ratio -8.99

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 No
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilites 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

Concentration Coefficient

5

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

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.

Solvency of Depository - 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.

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.