Pru Life Jupiter Merlin Income Portfolio S5
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 | 17.25% | 0.16% | 7.17% | 17.90% | - |
| Sector | 14.46% | -1.61% | 9.51% | 15.71% | -12.33% |
| Rank | 81/312 | 75/298 | 244/278 | 70/252 | - |
| Quartile | 2 | 1 | 4 | 2 | - |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | 7.97% | - | - |
| Sector | 7.24% | 4.58% | 5.02% |
| Rank | 102/278 | - | - |
| Quartile | 2 | - | - |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| GlaxoSmithKline | 2.10 |
| AstraZeneca | 1.95 |
| British American Tobacco | 1.72 |
| Roche Holding AG Part. Cert. | 1.53 |
| BT Group | 1.32 |
| Reynolds American | 1.28 |
| Reckitt Benckiser Group | 1.20 |
| BAE Systems | 1.11 |
| Imperial Tobacco Group | 0.92 |
| Novartis AG | 0.87 |
| Total | 14.00 |
Fund Aims
The investment strategy of the fund is to purchase units in the Jupiter Merlin Income Portfolio. That portfolio aims to achieve a high and rising income with some potential for capital growth by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in equities, fixed interest securities, commodities and property, principally in the UK.
Fund Overview
| Bid (18/06/2013) | 146.10 |
| Offer | n/a |
| Fund size | £24.04m |
| Underlying Fund size | £4591.29m |
| Number of holdings | 14 |
| Annual management charge | 2.15% |
| Launch date | 20/10/2008 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Bonds | 14.71 |
| Health Care | 9.31 |
| Industrial Goods & Services | 7.60 |
| Personal & Household Goods | 6.68 |
| Investment Grade Corp Bonds | 6.31 |
| Government | 5.12 |
| High Yield Corporate Bond | 5.08 |
| Commodities | 4.55 |
| Oil & Gas | 4.32 |
| Other | 36.33 |
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 | 27.74% | |
| UK Equities | 27.73% | |
| International Bonds | 22.62% | |
| UK Corporate Bonds | 8.58% | |
| Commodities | 4.55% | |
| Cash and Equivalents | 3.40% | |
| Other | 5.38% |
| Managed Funds | 97.79% | |
| Cash and Equivalents | 2.21% |
X-Ray Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 0.31% | - | - | - | |
| Basic Resources | - | 0.17% | - | - | |
| Mining | - | - | 0.11% | - | |
| Gold Mining | - | - | - | 0.11% | |
| General Mining | - | - | - | 0.01% | |
| Forestry & Paper | - | - | 0.05% | - | |
| Paper | - | - | - | 0.05% | |
| Chemicals | - | 0.14% | - | - | |
| Chemicals | - | - | 0.14% | - | |
| Specialty Chemicals | - | - | - | 0.12% | |
| Commodity Chemicals | - | - | - | 0.02% | |
| Consumer Goods | 0.26% | - | - | - | |
| Personal & Household Goods | - | 0.14% | - | - | |
| Household Goods & Home Construction | - | - | 0.11% | - | |
| Nondurable Household Products | - | - | - | 0.11% | |
| Tobacco | - | - | 0.03% | - | |
| Tobacco | - | - | - | 0.03% | |
| Food & Beverage | - | 0.09% | - | - | |
| Beverages | - | - | 0.05% | - | |
| Brewers | - | - | - | 0.04% | |
| Distillers & Vintners | - | - | - | 0.01% | |
| Food Producers | - | - | 0.05% | - | |
| Food Products | - | - | - | 0.05% | |
| Automobiles & Parts | - | 0.02% | - | - | |
| Automobiles & Parts | - | - | 0.02% | - | |
| Auto Parts | - | - | - | 0.02% | |
| Consumer Services | 1.15% | - | - | - | |
| Travel & Leisure | - | 0.73% | - | - | |
| Travel & Leisure | - | - | 0.73% | - | |
| Restaurants & Bars | - | - | - | 0.50% | |
| Travel & Tourism | - | - | - | 0.13% | |
| Hotels | - | - | - | 0.05% | |
| Gambling | - | - | - | 0.03% | |
| Recreational Services | - | - | - | 0.02% | |
| Retail | - | 0.23% | - | - | |
| General Retailers | - | - | 0.21% | - | |
| Specialized Consumer Services | - | - | - | 0.09% | |
| Broadline Retailers | - | - | - | 0.08% | |
| Apparel Retailers | - | - | - | 0.04% | |
| Food & Drug Retailers | - | - | 0.02% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.02% | |
| Media | - | 0.19% | - | - | |
| Media | - | - | 0.19% | - | |
| Broadcasting & Entertainment | - | - | - | 0.15% | |
| Publishing | - | - | - | 0.04% | |
| Financials | 5.06% | - | - | - | |
| Real Estate | - | 2.17% | - | - | |
| Real Estate Investment Trusts | - | - | 1.91% | - | |
| Retail REITs | - | - | - | 1.35% | |
| Industrial & Office REITs | - | - | - | 0.40% | |
| Specialty REITs | - | - | - | 0.08% | |
| Diversified REITs | - | - | - | 0.08% | |
| Mortgage REITs | - | - | - | 0.00% | |
| Residential REITs | - | - | - | 0.00% | |
| Real Estate Investment & Services | - | - | 0.26% | - | |
| Real Estate Services | - | - | - | 0.26% | |
| Banks | - | 1.33% | - | - | |
| Banks | - | - | 1.33% | - | |
| Banks | - | - | - | 1.33% | |
| Financial Services | - | 1.17% | - | - | |
| Financial Services | - | - | 0.83% | - | |
| Specialty Finance | - | - | - | 0.55% | |
| Asset Managers | - | - | - | 0.16% | |
| Investment Services | - | - | - | 0.06% | |
| Mortgage Finance | - | - | - | 0.05% | |
| Consumer Finance | - | - | - | 0.01% | |
| Insurance | - | 0.40% | - | - | |
| Nonlife Insurance | - | - | 0.24% | - | |
| Full Line Insurance | - | - | - | 0.11% | |
| Property & Casualty Insurance | - | - | - | 0.07% | |
| Reinsurance | - | - | - | 0.04% | |
| Insurance Brokers | - | - | - | 0.01% | |
| Life Insurance | - | - | 0.16% | - | |
| Life Insurance | - | - | - | 0.16% | |
| Health Care | 0.13% | - | - | - | |
| Health Care | - | 0.13% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 0.08% | - | |
| Biotechnology | - | - | - | 0.07% | |
| Pharmaceuticals | - | - | - | 0.02% | |
| Health Care Equipment & Services | - | - | 0.05% | - | |
| Health Care Providers | - | - | - | 0.05% | |
| Industrials | 0.83% | - | - | - | |
| Industrial Goods & Services | - | 0.83% | - | - | |
| Industrial Transportation | - | - | 0.40% | - | |
| Marine Transportation | - | - | - | 0.28% | |
| Railroads | - | - | - | 0.09% | |
| Transportation Services | - | - | - | 0.02% | |
| Delivery Services | - | - | - | 0.01% | |
| General Industrials | - | - | 0.20% | - | |
| Diversified Industrials | - | - | - | 0.11% | |
| Containers & Packaging | - | - | - | 0.09% | |
| Support Services | - | - | 0.10% | - | |
| Business Support Services | - | - | - | 0.05% | |
| Waste & Disposal Services | - | - | - | 0.05% | |
| Aerospace & Defence | - | - | 0.09% | - | |
| Aerospace | - | - | - | 0.07% | |
| Defence | - | - | - | 0.02% | |
| Industrial Engineering | - | - | 0.02% | - | |
| Industrial Machinery | - | - | - | 0.02% | |
| Electronic & Electrical Equipment | - | - | 0.02% | - | |
| Electrical Components & Equipment | - | - | - | 0.02% | |
| Oil & Gas | 0.36% | - | - | - | |
| Oil & Gas | - | 0.36% | - | - | |
| Oil & Gas Producers | - | - | 0.30% | - | |
| Integrated Oil & Gas | - | - | - | 0.16% | |
| Oil & Gas Exploration & Production | - | - | - | 0.14% | |
| Oil Equipment, Services & Distribution | - | - | 0.06% | - | |
| Oil Equipment & Services | - | - | - | 0.04% | |
| Pipelines | - | - | - | 0.01% | |
| Technology | 0.02% | - | - | - | |
| Technology | - | 0.02% | - | - | |
| Software & Computer Services | - | - | 0.02% | - | |
| Internet | - | - | - | 0.02% | |
| Telecommunications | 0.44% | - | - | - | |
| Telecommunications | - | 0.44% | - | - | |
| Fixed Line Telecommunications | - | - | 0.36% | - | |
| Fixed Line Telecommunications | - | - | - | 0.36% | |
| Mobile Telecommunications | - | - | 0.09% | - | |
| Mobile Telecommunications | - | - | - | 0.09% | |
| Utilities | 0.53% | - | - | - | |
| Utilities | - | 0.53% | - | - | |
| Gas, Water & Multiutilities | - | - | 0.29% | - | |
| Water | - | - | - | 0.19% | |
| Multiutilities | - | - | - | 0.07% | |
| Gas Distribution | - | - | - | 0.03% | |
| Electricity | - | - | 0.24% | - | |
| Conventional Electricity | - | - | - | 0.22% | |
| Alternative Electricity | - | - | - | 0.02% | |
| Equities | 55.47% | - | - | - | |
| Government | 5.11% | - | - | - | |
| Government | - | 5.11% | - | - | |
| Government | - | - | 5.11% | - | |
| Government | - | - | - | 5.11% | |
| Corporate Bonds | 4.39% | - | - | - | |
| Corporate Bonds | - | 4.39% | - | - | |
| Corporate Bonds | - | - | 4.39% | - | |
| Corporate Bonds | - | - | - | 4.39% | |
| Mortgage Backed securities | 0.39% | - | - | - | |
| Mortgage backed securities | - | 0.39% | - | - | |
| Mortgage backed securities | - | - | 0.39% | - | |
| Mortgage backed securities | - | - | - | 0.39% | |
| Commodities | 4.55% | - | - | - | |
| Commodities | - | 4.55% | - | - | |
| Commodities | - | - | 4.55% | - | |
| Commodities | - | - | - | 4.55% | |
| Managed Funds | 2.04% | - | - | - | |
| Managed Funds | - | 2.04% | - | - | |
| Managed Funds | - | - | 2.04% | - | |
| Managed Funds | - | - | - | 2.04% | |
| Non-Classified | 15.55% | - | - | - | |
| Cash and Equivalents | 3.40% | - | - | - | |
X-Ray Regional and X-Ray Currency Allocation
| UK | 36.81% | |
| North America | 13.20% | |
| Developed Europe - Excl UK | 12.60% | |
| Managed Fund | 6.59% | |
| Emerging Asia | 6.30% | |
| Australia & New Zealand | 5.22% | |
| Other | 19.29% |
| Non-debt | 65.23% | |
| US Dollar | 14.26% | |
| Pound Sterling | 10.10% | |
| Euro | 4.82% | |
| Cash | 3.17% | |
| Australian Dollar | 1.30% | |
| Other | 1.12% |
X-Ray Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 36.81% | - | |
United Kingdom
|
- | 36.81% | |
| North America | 13.20% | - | |
United States
|
- | 11.29% | |
Canada
|
- | 1.80% | |
Bermuda
|
- | 0.10% | |
| Developed Europe - Excl UK | 12.60% | - | |
Switzerland
|
- | 2.78% | |
Netherlands
|
- | 2.09% | |
France
|
- | 1.76% | |
Germany
|
- | 1.27% | |
Luxembourg
|
- | 1.19% | |
Norway
|
- | 1.07% | |
Ireland
|
- | 0.85% | |
Sweden
|
- | 0.53% | |
Spain
|
- | 0.40% | |
Italy
|
- | 0.30% | |
Belgium
|
- | 0.15% | |
Denmark
|
- | 0.13% | |
Finland
|
- | 0.07% | |
Portugal
|
- | 0.00% | |
Austria
|
- | 0.00% | |
Greece
|
- | 0.00% | |
| Managed Fund | 6.59% | - | |
| Emerging Asia | 6.30% | - | |
Taiwan
|
- | 1.18% | |
Philippines
|
- | 1.11% | |
South Korea
|
- | 0.98% | |
Thailand
|
- | 0.88% | |
Indonesia
|
- | 0.81% | |
China
|
- | 0.51% | |
India
|
- | 0.50% | |
Malaysia
|
- | 0.14% | |
Sri Lanka
|
- | 0.09% | |
Kazakhstan
|
- | 0.06% | |
Mongolia
|
- | 0.04% | |
| Australia & New Zealand | 5.22% | - | |
Australia
|
- | 4.98% | |
New Zealand
|
- | 0.24% | |
| South & Central America | 4.69% | - | |
Venezuela
|
- | 1.28% | |
Mexico
|
- | 1.27% | |
Brazil
|
- | 0.84% | |
Colombia
|
- | 0.30% | |
Peru
|
- | 0.23% | |
Argentina
|
- | 0.19% | |
Dominican Republic
|
- | 0.17% | |
El Salvador
|
- | 0.12% | |
Uruguay
|
- | 0.11% | |
Cayman Islands
|
- | 0.05% | |
Chile
|
- | 0.05% | |
Costa Rica
|
- | 0.03% | |
Guatemala
|
- | 0.01% | |
Paraguay
|
- | 0.01% | |
Bolivia
|
- | 0.01% | |
| Developed Asia | 4.21% | - | |
Hong Kong
|
- | 2.47% | |
Singapore
|
- | 1.74% | |
| Cash and Equivalents | 3.40% | - | |
| Emerging Europe | 3.06% | - | |
Turkey
|
- | 0.87% | |
Russian Federation
|
- | 0.81% | |
Ukraine
|
- | 0.35% | |
Poland
|
- | 0.24% | |
Croatia
|
- | 0.24% | |
Lithuania
|
- | 0.18% | |
Hungary
|
- | 0.17% | |
Romania
|
- | 0.09% | |
Czech Republic
|
- | 0.06% | |
Latvia
|
- | 0.05% | |
| Property | 1.81% | - | |
| Non-Classified | 1.48% | - | |
| Middle East & Africa | 0.63% | - | |
Lebanon
|
- | 0.26% | |
Cote D'Ivoire
|
- | 0.09% | |
Iraq
|
- | 0.08% | |
South Africa
|
- | 0.08% | |
Morocco
|
- | 0.03% | |
Egypt
|
- | 0.03% | |
Senegal
|
- | 0.02% | |
Nigeria
|
- | 0.02% | |
Zambia
|
- | 0.01% | |
Israel
|
- | 0.00% | |
| Japan | 0.00% | - | |
Japan
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
23.77% |
| Large |
|
15.71% |
| Medium |
|
10.97% |
| Small |
|
2.15% |
| Micro |
|
0.52% |
| Non-Classified |
|
11.87% |
| Bonds |
|
31.60% |
| Cash |
|
3.40% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
11.25% |
| 5Yr - 10Yr Maturity |
|
10.32% |
| 10Yr - 15Yr Maturity |
|
3.64% |
| > 15Yr Maturity |
|
6.22% |
| Cash And Equivalents |
|
3.40% |
| Unknown |
|
5.90% |
| Other |
|
59.27% |
Fixed Interest Quality Profile
| AAA |
|
2.05% |
| AA |
|
1.21% |
| A |
|
3.02% |
| BBB |
|
10.13% |
| BB |
|
6.90% |
| B |
|
5.70% |
| CCC |
|
0.78% |
| Other |
|
70.21% |
Top 10 Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G Global Dividend Class A | 14.45% | Managed Funds | Managed Funds |
| 2 | Invesco Perpetual Income | 13.07% | Managed Funds | Managed Funds |
| 3 | Threadneedle Emerging Market Bond Class 1 | 10.22% | Managed Funds | Managed Funds |
| 4 | M&G Strategic Corporate Bond Class A | 8.86% | Managed Funds | Managed Funds |
| 5 | Jupiter Strategic Bond Class A | 8.08% | Managed Funds | Managed Funds |
| 6 | Newton Asian Income GBP Shares | 7.81% | Managed Funds | Managed Funds |
| 7 | Jupiter UK Special Situations | 6.78% | Managed Funds | Managed Funds |
| 8 | First State Global Asian Equity Plus Class I | 6.32% | Managed Funds | Managed Funds |
| 9 | Artemis Income Class R | 5.24% | Managed Funds | Managed Funds |
| 10 | ETFS ETFS Physical Gold [LSE] | 4.55% | Managed Funds | Managed Funds |
X-Ray Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | GlaxoSmithKline | 2.10% | Health Care | United Kingdom |
| 2 | AstraZeneca | 1.95% | Health Care | United Kingdom |
| 3 | British American Tobacco | 1.72% | Personal & Household Goods | United Kingdom |
| 4 | Roche Holding AG Part. Cert. | 1.53% | Health Care | Switzerland |
| 5 | BT Group | 1.32% | Telecommunications | United Kingdom |
| 6 | Reynolds American | 1.28% | Personal & Household Goods | United States |
| 7 | Reckitt Benckiser Group | 1.20% | Personal & Household Goods | United Kingdom |
| 8 | BAE Systems | 1.11% | Industrial Goods & Services | United Kingdom |
| 9 | Imperial Tobacco Group | 0.92% | Personal & Household Goods | United Kingdom |
| 10 | Novartis AG | 0.87% | Health Care | Switzerland |
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 | B3BWSF6 |
| Mex Code | PUJMIN |
| Isin Code | GB00B3BWSF64 |
| Citi Code | D9A1 |
Charges
| Annual management charge | 2.15% |
Aims and Benchmark
| Benchmark | IMA Cautious Managed |
| ABI Sector | Mixed Investment 20-60% Shares |
| Aims | The investment strategy of the fund is to purchase units in the Jupiter Merlin Income Portfolio. That portfolio aims to achieve a high and rising income with some potential for capital growth by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in equities, fixed interest securities, commodities and property, principally in the UK. |
Fund Background
| Launch date | 20/10/2008 |
Ratings
| OBSR |  |
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 1.10 |
| Beta | 0.94 |
| Sharpe | 0.84 |
| Standard Deviation | 5.32 |
| Info Ratio | 0.37 |
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 | No |
| 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.
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.
