Prudential BNY Mellon Multi-Asset Balanced (Previously Newton Multi-Asset Balanced) S2

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/06/15
to
30/06/16
30/06/16
to
30/06/17
30/06/17
to
30/06/18
30/06/18
to
30/06/19
30/06/19
to
30/06/20
Fund 7.8% 7.8% 1.9% 7.1% 1.5%
Sector 2.0% 14.6% 4.1% 2.6% -1.5%
Rank 10/419 419/426 400/427 21/437 69/439
Quartile 1 4 4 1 1

Annualised performance

Annualised
3 Years to
30/06/20
5 Years to
30/06/20
10 Years to
30/06/20
Fund 3.5% 5.2% 5.4%
Sector 1.7% 4.2% 5.7%
Rank 79/427 202/419 313/370
Quartile 1 2 4

Top 10 Holdings

Stock % Weight
Insight Liquidity Funds PLC GBP Liquidity Fund Cls 5 SWEEP 7.61
Australia (Commonwealth) 3.75% Bds 21/04/2037 AUD1000 4.43
MICROSOFT CORP 3.50
APPLE INC 2.54
DIAGEO 2.53
1¾% Treasury Gilt 2022 2.38
ABBOTT LABORATORIES 2.26
NOVARTIS AG 2.22
GLAXOSMITHKLINE 2.11
RELX 2.10
Total 31.70

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the BNY Mellon Multi-Asset Balanced Fund - the underlying Fund.

Underlying Fund Objective: The fund aims to achieve a balance between income and capital growth over the long term (5 years or more). The fund is actively managed and invests at least 75% of the portfolio in UK and international securities across a range of global asset classes including, without limitation, equities (company shares), fixed income securities (bonds), infrastructure, renewable energy, property, commodities and near cash.

Fund Manager

Bhavin Shah manager of the underlying fund for 2 years and 6 months

Photo of Bhavin Shah Bhavin joined Newton in June 2011 as a fund manager within the Multi-Asset team. Prior to joining Newton, he worked at SG Hambros for 7 years where he was responsible for managing client portfolios focused on absolute return & multi-asset strategies. Bhavin holds an MSc in Mathematics with distinction and is a CFA1 charterholder. 6 years at Newton 13 years’ investment experience

Simon Nichols manager of the underlying fund for 2 years and 6 months

Photo of Simon Nichols Simon qualified as a Chartered Accountant with KPMG before moving to PriceWaterhouseCoopers and Wilton where he gained experience in corporate insolvency and private equity investing respectively. In April 2001 he joined Newton, working in the management of UK Equities. Whilst at Newton Simon has gained the CFA designation. Simon is the Lead fund manager on the Newton Cautious Managed fund (£50m) and 2 UK equity mandates (£50m). He is also the Alternate fund manager on 11 Higher Income mandates (£3.3bn).

Fund Overview

Bid (07/07/2020) 284.80
Offer (07/07/2020) 299.70
Fund size (30/04/2020) £12.72m
Underlying Fund size £1975.05m
Number of holdings 78
Launch date 01/07/2003

Fund Charges

Annual Management Charge (AMC) 1.40%
Further Costs 0.12%
Yearly Total 1.52%

Asset Allocation

pie chart
  International Equities 50.18%
  UK Equities 21.66%
  International Bonds 9.12%
  UK Gilts 8.11%
  Commodities 2.45%
  UK Corporate Bonds 1.11%
  Other Assets 7.36%
Portfolio data accurate as at: 31/05/20

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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 of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). 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 product charges, or 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 net 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 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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 50.18%
  UK Equities 21.66%
  International Bonds 9.12%
  UK Gilts 8.11%
  Commodities 2.45%
  UK Corporate Bonds 1.11%
  Other Assets 7.36%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 18.34% - - -
 
Technology 12.42% - - -
 
Technology - 12.42% - -
 
Software & Computer Services - - 6.62% -
 
Software - - - 5.06%
 
Consumer Digital Services - - - 1.57%
 
Technology Hardware & Equipment - - 5.79% -
 
Computer Hardware - - - 2.54%
 
Electronic Components - - - 1.69%
 
Production Technology Equipment - - - 1.56%
 
Health Care 11.91% - - -
 
Health Care - 11.91% - -
 
Pharmaceuticals & Biotechnology - - 9.32% -
 
Pharmaceuticals - - - 8.60%
 
Biotechnology - - - 0.72%
 
Medical Equipment & Services - - 2.59% -
 
Medical Equipment - - - 2.02%
 
Medical Supplies - - - 0.57%
 
Financials 11.31% - - -
 
Insurance - 5.86% - -
 
Life Insurance - - 3.94% -
 
Life Insurance - - - 3.94%
 
Non-life Insurance - - 1.92% -
 
Full Line Insurance - - - 0.96%
 
Property & Casualty Insurance - - - 0.96%
 
Financial Services - 2.97% - -
 
Investment Banking & Brokerage Services - - 2.97% -
 
Investment Services - - - 2.02%
 
Diversified Financial Services - - - 0.95%
 
Banks - 2.49% - -
 
Banks - - 2.49% -
 
Banks - - - 2.49%
 
Consumer Discretionary 10.51% - - -
 
Media - 5.68% - -
 
Media - - 5.68% -
 
Publishing - - - 3.92%
 
Media Agencies - - - 1.00%
 
Radio & TV Broadcasters - - - 0.76%
 
Consumer Products & Services - 2.77% - -
 
Leisure Goods - - 1.73% -
 
Consumer Electronics - - - 1.73%
 
Household Goods & Home Construction - - 1.04% -
 
Home Construction - - - 1.04%
 
Retail - 0.99% - -
 
Retailers - - 0.99% -
 
Diversified Retailers - - - 0.99%
 
Automobiles & Parts - 0.82% - -
 
Automobiles & Parts - - 0.82% -
 
Automobiles - - - 0.82%
 
Travel & Leisure - 0.25% - -
 
Travel & Leisure - - 0.25% -
 
Travel & Tourism - - - 0.25%
 
Industrials 9.38% - - -
 
Industrial Goods & Services - 8.59% - -
 
Industrial Support Services - - 5.51% -
 
Professional Business Support Services - - - 2.62%
 
Industrial Suppliers - - - 1.52%
 
Transaction Processing Services - - - 1.37%
 
Aerospace & Defence - - 1.91% -
 
Defense - - - 1.91%
 
General Industrials - - 1.17% -
 
Containers & Packaging - - - 1.17%
 
Construction & Materials - 0.79% - -
 
Construction & Materials - - 0.79% -
 
Building Materials: Other - - - 0.79%
 
Non-Classified 7.61% - - -
 
Consumer Staples 5.80% - - -
 
Food, Beverage & Tobacco - 3.19% - -
 
Beverages - - 2.53% -
 
Distillers & Vintners - - - 2.53%
 
Food Producers - - 0.66% -
 
Farming, Fishing, Ranching & Plantations - - - 0.66%
 
Personal Care, Drug & Grocery Stores - 2.61% - -
 
Personal Care, Drug & Grocery Stores - - 2.61% -
 
Personal Products - - - 1.98%
 
Drug Retailers - - - 0.63%
 
Basic Materials 4.43% - - -
 
Chemicals - 2.74% - -
 
Chemicals - - 2.74% -
 
Chemicals: Diversified - - - 1.97%
 
Specialty Chemicals - - - 0.77%
 
Basic Resources - 1.69% - -
 
Industrial Metals & Mining - - 1.69% -
 
General Mining - - - 1.69%
 
Energy 2.72% - - -
 
Energy - 2.72% - -
 
Non-Renewable Energy - - 2.72% -
 
Integrated Oil & Gas - - - 2.72%
 
Commodities 2.45% - - -
 
Commodities - 2.45% - -
 
Commodities - - 2.45% -
 
Commodities - - - 2.45%
 
Utilities 1.59% - - -
 
Utilities - 1.59% - -
 
Electricity - - 1.59% -
 
Conventional Electricity - - - 1.59%
 
Telecommunications 1.21% - - -
 
Telecommunications - 1.21% - -
 
Telecommunications Equipment - - 1.21% -
 
Telecommunications Equipment - - - 1.21%
 
Real Estate 0.56% - - -
 
Real Estate - 0.56% - -
 
Real Estate Investment & Services - - 0.56% -
 
Real Estate Holding and Development - - - 0.56%
 
Cash and Equivalents 0.28% - - -
 
Alternative Trading Strategies -0.52% - - -
 
Alternative Trading Strategies - -0.52% - -
 
Alternative Trading Strategies - - -0.52% -
 
Alternative Trading Strategies - - - -0.52%

Regional Allocation

pie chart
  UK 30.89%
  North America 24.15%
  Developed Europe - Excl UK 19.02%
  Australia & New Zealand 9.12%
  Non-Classified 7.09%
  Japan 3.18%
  Other Regions 6.55%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 81.66%
  Pound Sterling 9.22%
  Australian Dollar 7.06%
  New Zealand Dollar 2.06%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 30.89% -
 
United Kingdom - 30.89%
 
North America 24.15% -
 
United States - 23.19%
 
Canada - 0.96%
 
Developed Europe - Excl UK 19.02% -
 
Ireland - 6.64%
 
Switzerland - 4.53%
 
Germany - 3.13%
 
France - 2.11%
 
Netherlands - 1.82%
 
Norway - 0.79%
 
Australia & New Zealand 9.12% -
 
Australia - 7.06%
 
New Zealand - 2.06%
 
Non-Classified 7.09% -
 
Japan 3.18% -
 
Japan - 3.18%
 
Commodities 2.45% -
 
Emerging Asia 1.98% -
 
South Korea - 1.69%
 
Thailand - 0.28%
 
Developed Asia 1.84% -
 
Hong Kong - 1.84%
 
Cash and Equivalents 0.28% -

Breakdown By Market Cap (%)

Mega
 
 
50.84%
Large
 
 
14.81%
Medium
 
 
2.47%
Non-Classified
 
 
13.27%
Bonds
 
 
18.34%
Cash
 
 
0.28%

Top 10 Holdings

Stock % Weight Sector Country
1 Insight Liquidity Funds PLC GBP Liquidity Fund Cls 5 SWEEP 7.61% Non-Classified Non-Classified
2 Australia (Commonwealth) 3.75% Bds 21/04/2037 AUD1000 4.43% Bonds Australia
3 MICROSOFT CORP 3.50% Software & Computer Services United States
4 APPLE INC 2.54% Technology Hardware & Equipment United States
5 DIAGEO 2.53% Beverages United Kingdom
6 1¾% Treasury Gilt 2022 2.38% Bonds United Kingdom
7 ABBOTT LABORATORIES 2.26% Pharmaceuticals & Biotechnology United States
8 NOVARTIS AG 2.22% Pharmaceuticals & Biotechnology Switzerland
9 GLAXOSMITHKLINE 2.11% Pharmaceuticals & Biotechnology United Kingdom
10 RELX 2.10% Media United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 12.42% - - - - - - 12.42%
Telecommunications - 1.21% - - - - - - 1.21%
Financials 4.45% 6.86% - - - - - - 11.31%
Real Estate - 0.56% - - - - - - 0.56%
Consumer Discretionary 3.35% 7.16% - - - - - - 10.51%
Consumer Staples 4.51% 1.29% - - - - - - 5.80%
Energy 2.72% - - - - - - - 2.72%
Utilities - 1.59% - - - - - - 1.59%
Health Care 2.11% 9.80% - - - - - - 11.91%
Industrials 2.82% 6.56% - - - - - - 9.38%
Basic Materials 1.69% 2.74% - - - - - - 4.43%
Cash and Equivalents - - - - - - - 0.28% 0.28%
Bonds - - - 8.43% 8.11% - - - 16.54%
Non-Classified - - 1.11% 0.69% - - 9.54% - 11.35%

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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).

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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code 3317365
Mex Code PUNBD
Isin Code GB0033173658
Citi Code P318

Fund Charges

Annual Management Charge (AMC) 1.40%
Further Costs 0.12%
Yearly Total 1.52%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the BNY Mellon Multi-Asset Balanced Fund - the underlying Fund. Underlying Fund Objective: The fund aims to achieve a balance between income and capital growth over the long term (5 years or more). The fund is actively managed and invests at least 75% of the portfolio in UK and international securities across a range of global asset classes including, without limitation, equities (company shares), fixed income securities (bonds), infrastructure, renewable energy, property, commodities and near cash.
Benchmark IA Mixed Investment 40-85% Shares
Sector ABI Mixed Investment 40-85% Shares

Ratings

FE Crown Crown Rating of 4

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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).

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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Risk Analysis

Ratio Value
Alpha 2.05
Beta 0.80
Sharpe 0.00
Standard Deviation 8.15
Info Ratio 0.53

Risk Factors

Risk Factor Yes / No
Charges to Capital Yes
Emerging Markets Yes
Concentrated Portfolio No
Smaller Companies Yes
High Yield Bonds Yes
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 Yes
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers Yes
Ethical Restrictions No
Liquidity Yes
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).

Emerging Markets

The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.

Smaller Companies

The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.

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.

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.

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 Liabilities

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.

Liquidity

This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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).

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. 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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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 of performance data: Financial Express (FE). 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 product charges, or 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 net 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 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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.