Pru Life M&G Managed Growth Acc (ex M&G)
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 | 7.30% | -8.52% | 8.86% | 38.94% | -21.48% |
| Sector | 16.02% | -4.26% | 7.68% | 31.58% | -20.93% |
| Rank | 423/457 | 382/443 | 146/429 | 62/405 | 215/358 |
| Quartile | 4 | 4 | 2 | 1 | 3 |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | 2.23% | 3.11% | 10.39% |
| Sector | 6.15% | 4.47% | 7.74% |
| Rank | 406/429 | 281/358 | 21/186 |
| Quartile | 4 | 4 | 1 |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| RED FORT PARTNERSHIP LTD/T | 8.83 |
| Symrise AG | 7.31 |
| G4S | 4.21 |
| Ansell | 3.01 |
| Kerry Group A | 2.94 |
| Imerys | 2.94 |
| K+S AG | 2.37 |
| United Technologies Corp. | 2.37 |
| Kirin Holdings Co. | 2.19 |
| Unilever | 2.17 |
| Total | 38.34 |
Fund Aims
The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund. That fund aims to achieve long-term capital growth by actively investing predominantly in collective investment schemes in order to provide a well diversified exposure to global equities.
Fund Manager
Randeep Somel joined M&G in 2005 as a fund manager assistant on the global equity team. In 2009, he was promoted to dedicated analyst on the M&G Global Basics Fund, the M&G Managed Growth Fund and Vanguard Precious Metals & Mining Fund. In 2010 he became deputy fund manager on both the M&G funds, and was appointed co-manager on the M&G Managed Growth Fund in April 2012. Prior to joining M&G, Randeep worked for State Street in a fund accounting role. He graduated from Birmingham University with a degree in economics in 2003. Randeep is a CFA charterholder.
Graham French joined M&G in 1989 as a graduate from Durham University where he studied geography. His fund management responsibilities include managing the M&G Global Basics Fund and the M&G Managed Growth Fund and co-managing the Vanguard Precious Metals & Mining Fund.
Fund Overview
| Bid (23/05/2013) | 314.00 |
| Offer (23/05/2013) | 329.80 |
| Fund size | £36.50m |
| Underlying Fund size | £1300.51m |
| Number of holdings | 25 |
| Annual management charge | 1.50% |
| Launch date | 03/01/1995 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Food & Beverage | 14.85 |
| Industrial Goods & Services | 14.05 |
| Chemicals | 11.87 |
| Non-Classified | 8.85 |
| Basic Resources | 8.14 |
| Personal & Household Goods | 7.22 |
| Health Care | 6.52 |
| Banks | 6.35 |
| Technology | 3.55 |
| Other | 18.61 |
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 | 73.98% | |
| UK Equities | 22.25% | |
| Cash and Equivalents | 2.25% | |
| Property | 1.42% | |
| UK Corporate Bonds | 0.06% | |
| Managed Funds | 0.03% | |
| Investment Trusts | 0.00% |
| Managed Funds | 71.78% | |
| International Equities | 14.49% | |
| UK Equities | 12.45% | |
| Cash and Equivalents | 1.27% |
X-Ray Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 20.01% | - | - | - | |
| Chemicals | - | 11.87% | - | - | |
| Chemicals | - | - | 11.87% | - | |
| Specialty Chemicals | - | - | - | 11.87% | |
| Basic Resources | - | 8.14% | - | - | |
| Mining | - | - | 7.25% | - | |
| General Mining | - | - | - | 6.90% | |
| Diamonds & Gemstones | - | - | - | 0.31% | |
| Gold Mining | - | - | - | 0.02% | |
| Coal | - | - | - | 0.01% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
| Industrial Metals & Mining | - | - | 0.85% | - | |
| Nonferrous Metals | - | - | - | 0.69% | |
| Iron & Steel | - | - | - | 0.16% | |
| Forestry & Paper | - | - | 0.04% | - | |
| Paper | - | - | - | 0.04% | |
| Consumer Goods | 22.70% | - | - | - | |
| Food & Beverage | - | 14.85% | - | - | |
| Food Producers | - | - | 12.42% | - | |
| Food Products | - | - | - | 11.62% | |
| Farming & Fishing | - | - | - | 0.80% | |
| Beverages | - | - | 2.43% | - | |
| Brewers | - | - | - | 2.19% | |
| Distillers & Vintners | - | - | - | 0.24% | |
| Personal & Household Goods | - | 7.22% | - | - | |
| Personal Goods | - | - | 4.11% | - | |
| Personal Products | - | - | - | 3.79% | |
| Footwear | - | - | - | 0.29% | |
| Clothing & Accessories | - | - | - | 0.03% | |
| Household Goods & Home Construction | - | - | 2.11% | - | |
| Nondurable Household Products | - | - | - | 1.76% | |
| Durable Household Products | - | - | - | 0.35% | |
| Leisure Goods | - | - | 0.99% | - | |
| Consumer Electronics | - | - | - | 0.79% | |
| Recreational Products | - | - | - | 0.18% | |
| Toys | - | - | - | 0.02% | |
| Automobiles & Parts | - | 0.63% | - | - | |
| Automobiles & Parts | - | - | 0.63% | - | |
| Automobiles | - | - | - | 0.37% | |
| Tyres | - | - | - | 0.20% | |
| Auto Parts | - | - | - | 0.07% | |
| Consumer Services | 4.71% | - | - | - | |
| Travel & Leisure | - | 1.91% | - | - | |
| Travel & Leisure | - | - | 1.91% | - | |
| Hotels | - | - | - | 1.17% | |
| Recreational Services | - | - | - | 0.48% | |
| Airlines | - | - | - | 0.11% | |
| Travel & Tourism | - | - | - | 0.08% | |
| Restaurants & Bars | - | - | - | 0.07% | |
| Media | - | 1.83% | - | - | |
| Media | - | - | 1.83% | - | |
| Media Agencies | - | - | - | 1.73% | |
| Broadcasting & Entertainment | - | - | - | 0.10% | |
| Retail | - | 0.97% | - | - | |
| General Retailers | - | - | 0.89% | - | |
| Broadline Retailers | - | - | - | 0.46% | |
| Specialty Retailers | - | - | - | 0.29% | |
| Apparel Retailers | - | - | - | 0.14% | |
| Food & Drug Retailers | - | - | 0.08% | - | |
| Drug Retailers | - | - | - | 0.04% | |
| Food Retailers & Wholesalers | - | - | - | 0.04% | |
| Financials | 10.73% | - | - | - | |
| Banks | - | 6.35% | - | - | |
| Banks | - | - | 6.35% | - | |
| Banks | - | - | - | 6.35% | |
| Real Estate | - | 2.79% | - | - | |
| Real Estate Investment Trusts | - | - | 1.42% | - | |
| Retail REITs | - | - | - | 0.75% | |
| Industrial & Office REITs | - | - | - | 0.38% | |
| Residential REITs | - | - | - | 0.17% | |
| Specialty REITs | - | - | - | 0.12% | |
| Real Estate Investment & Services | - | - | 1.37% | - | |
| Real Estate Holding & Development | - | - | - | 1.32% | |
| Real Estate Services | - | - | - | 0.04% | |
| Insurance | - | 0.96% | - | - | |
| Nonlife Insurance | - | - | 0.61% | - | |
| Full Line Insurance | - | - | - | 0.43% | |
| Insurance Brokers | - | - | - | 0.16% | |
| Property & Casualty Insurance | - | - | - | 0.02% | |
| Life Insurance | - | - | 0.35% | - | |
| Life Insurance | - | - | - | 0.35% | |
| Financial Services | - | 0.63% | - | - | |
| Financial Services | - | - | 0.63% | - | |
| Specialty Finance | - | - | - | 0.30% | |
| Consumer Finance | - | - | - | 0.27% | |
| Asset Managers | - | - | - | 0.05% | |
| Health Care | 6.52% | - | - | - | |
| Health Care | - | 6.52% | - | - | |
| Health Care Equipment & Services | - | - | 4.57% | - | |
| Medical Supplies | - | - | - | 3.11% | |
| Medical Equipment | - | - | - | 0.81% | |
| Health Care Providers | - | - | - | 0.64% | |
| Pharmaceuticals & Biotechnology | - | - | 1.95% | - | |
| Pharmaceuticals | - | - | - | 1.03% | |
| Biotechnology | - | - | - | 0.92% | |
| Industrials | 14.96% | - | - | - | |
| Industrial Goods & Services | - | 14.05% | - | - | |
| Support Services | - | - | 5.18% | - | |
| Business Support Services | - | - | - | 5.04% | |
| Industrial Suppliers | - | - | - | 0.09% | |
| Financial Administration | - | - | - | 0.05% | |
| Aerospace & Defence | - | - | 3.38% | - | |
| Aerospace | - | - | - | 3.17% | |
| Defence | - | - | - | 0.21% | |
| Industrial Transportation | - | - | 2.72% | - | |
| Transportation Services | - | - | - | 1.69% | |
| Delivery Services | - | - | - | 0.79% | |
| Railroads | - | - | - | 0.13% | |
| Marine Transportation | - | - | - | 0.10% | |
| General Industrials | - | - | 1.05% | - | |
| Diversified Industrials | - | - | - | 0.87% | |
| Containers & Packaging | - | - | - | 0.19% | |
| Industrial Engineering | - | - | 0.89% | - | |
| Industrial Machinery | - | - | - | 0.89% | |
| Electronic & Electrical Equipment | - | - | 0.83% | - | |
| Electronic Equipment | - | - | - | 0.81% | |
| Electrical Components & Equipment | - | - | - | 0.02% | |
| Construction & Materials | - | 0.91% | - | - | |
| Construction & Materials | - | - | 0.91% | - | |
| Building Materials & Fixtures | - | - | - | 0.61% | |
| Heavy Construction | - | - | - | 0.30% | |
| Oil & Gas | 3.27% | - | - | - | |
| Oil & Gas | - | 3.27% | - | - | |
| Oil & Gas Producers | - | - | 2.95% | - | |
| Integrated Oil & Gas | - | - | - | 1.78% | |
| Oil & Gas Exploration & Production | - | - | - | 1.18% | |
| Oil Equipment, Services & Distribution | - | - | 0.30% | - | |
| Oil Equipment & Services | - | - | - | 0.30% | |
| Alternative Energy | - | - | 0.01% | - | |
| Renewable Energy Equipment | - | - | - | 0.01% | |
| Technology | 3.55% | - | - | - | |
| Technology | - | 3.55% | - | - | |
| Technology Hardware & Equipment | - | - | 1.84% | - | |
| Semiconductors | - | - | - | 0.78% | |
| Telecommunications Equipment | - | - | - | 0.61% | |
| Computer Hardware | - | - | - | 0.25% | |
| Electronic Office Equipment | - | - | - | 0.20% | |
| Software & Computer Services | - | - | 1.71% | - | |
| Software | - | - | - | 0.58% | |
| Internet | - | - | - | 0.58% | |
| Computer Services | - | - | - | 0.56% | |
| Telecommunications | 1.05% | - | - | - | |
| Telecommunications | - | 1.05% | - | - | |
| Mobile Telecommunications | - | - | 0.91% | - | |
| Mobile Telecommunications | - | - | - | 0.91% | |
| Fixed Line Telecommunications | - | - | 0.14% | - | |
| Fixed Line Telecommunications | - | - | - | 0.14% | |
| Utilities | 1.30% | - | - | - | |
| Utilities | - | 1.30% | - | - | |
| Electricity | - | - | 1.18% | - | |
| Conventional Electricity | - | - | - | 0.79% | |
| Alternative Electricity | - | - | - | 0.39% | |
| Gas, Water & Multiutilities | - | - | 0.12% | - | |
| Gas Distribution | - | - | - | 0.08% | |
| Water | - | - | - | 0.04% | |
| Managed Funds | 0.03% | - | - | - | |
| Managed Funds | - | 0.03% | - | - | |
| Managed Funds | - | - | 0.03% | - | |
| Managed Funds | - | - | - | 0.03% | |
| Non-Classified | 8.92% | - | - | - | |
| Cash and Equivalents | 2.25% | - | - | - | |
X-Ray Regional Allocation
| Developed Europe - Excl UK | 29.96% | |
| UK | 22.31% | |
| North America | 13.03% | |
| Emerging Asia | 8.19% | |
| Australia & New Zealand | 6.62% | |
| Developed Asia | 5.98% | |
| Other | 13.91% |
| Non-debt | 65.15% | |
| US Dollar | 19.07% | |
| Euro | 7.00% | |
| Pound Sterling | 4.27% | |
| Yen | 1.95% | |
| Cash | 1.19% | |
| Other | 1.37% |
X-Ray Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Europe - Excl UK | 29.96% | - | |
Germany
|
- | 12.33% | |
France
|
- | 7.44% | |
Ireland
|
- | 3.37% | |
Switzerland
|
- | 1.78% | |
Austria
|
- | 1.54% | |
Belgium
|
- | 0.94% | |
Spain
|
- | 0.59% | |
Sweden
|
- | 0.57% | |
Luxembourg
|
- | 0.52% | |
Netherlands
|
- | 0.40% | |
Finland
|
- | 0.26% | |
Denmark
|
- | 0.13% | |
Norway
|
- | 0.08% | |
| UK | 22.31% | - | |
United Kingdom
|
- | 22.31% | |
| North America | 13.03% | - | |
United States
|
- | 12.26% | |
Canada
|
- | 0.73% | |
Bermuda
|
- | 0.04% | |
| Emerging Asia | 8.19% | - | |
South Korea
|
- | 2.13% | |
Malaysia
|
- | 1.86% | |
India
|
- | 1.85% | |
Taiwan
|
- | 1.34% | |
Philippines
|
- | 0.38% | |
Thailand
|
- | 0.33% | |
China
|
- | 0.23% | |
Indonesia
|
- | 0.07% | |
| Australia & New Zealand | 6.62% | - | |
Australia
|
- | 6.62% | |
| Developed Asia | 5.98% | - | |
Hong Kong
|
- | 4.41% | |
Singapore
|
- | 1.57% | |
| Japan | 4.08% | - | |
Japan
|
- | 4.08% | |
| Middle East & Africa | 2.78% | - | |
United Arab Emirates
|
- | 1.50% | |
South Africa
|
- | 1.17% | |
Egypt
|
- | 0.10% | |
Zambia
|
- | 0.01% | |
| South & Central America | 2.53% | - | |
Brazil
|
- | 2.20% | |
Mexico
|
- | 0.24% | |
Colombia
|
- | 0.10% | |
| Cash and Equivalents | 2.25% | - | |
| Property | 1.42% | - | |
| Emerging Europe | 0.81% | - | |
Turkey
|
- | 0.48% | |
Russian Federation
|
- | 0.33% | |
| Managed Fund | 0.03% | - | |
| Non-Classified | 0.00% | - | |
Breakdown By Market Cap (%)
| Mega |
|
16.01% |
| Large |
|
16.62% |
| Medium |
|
36.85% |
| Small |
|
4.60% |
| Micro |
|
1.20% |
| Non-Classified |
|
22.40% |
| Bonds |
|
0.06% |
| Cash |
|
2.25% |
Top 10 Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G Global Basics Class A | 35.40% | Managed Funds | Managed Funds |
| 2 | M&G Global Growth Class A | 11.74% | Managed Funds | Managed Funds |
| 3 | M&G Global Emerging Markets Class A | 9.71% | Managed Funds | Managed Funds |
| 4 | RED FORT PARTNERSHIP LTD/T | 8.83% | Non-Classified | United Kingdom |
| 5 | M&G Asian Class A | 6.49% | Managed Funds | Managed Funds |
| 6 | Symrise AG | 4.38% | Chemicals | Germany |
| 7 | M&G Recovery Class C | 3.75% | Managed Funds | Managed Funds |
| 8 | M&G European Class A | 2.50% | Managed Funds | Managed Funds |
| 9 | M&G Global Real Estate Securities Class A | 2.19% | Managed Funds | Managed Funds |
| 10 | G4S | 2.04% | Industrial Goods & Services | United Kingdom |
X-Ray Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | RED FORT PARTNERSHIP LTD/T | 8.83% | Non-Classified | United Kingdom |
| 2 | Symrise AG | 7.31% | Chemicals | Germany |
| 3 | G4S | 4.21% | Industrial Goods & Services | United Kingdom |
| 4 | Ansell | 3.01% | Health Care | Australia |
| 5 | Kerry Group A | 2.94% | Food & Beverage | Ireland |
| 6 | Imerys | 2.94% | Basic Resources | France |
| 7 | K+S AG | 2.37% | Chemicals | Germany |
| 8 | United Technologies Corp. | 2.37% | Industrial Goods & Services | United States |
| 9 | Kirin Holdings Co. | 2.19% | Food & Beverage | Japan |
| 10 | Unilever | 2.17% | Food & Beverage | United Kingdom |
X-Ray 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 | 0.45% | 19.56% | - | - | - | - | - | - | - | 20.01% |
| Consumer Goods | 4.01% | 18.69% | - | - | - | - | - | - | - | 22.70% |
| Consumer Services | 0.41% | 4.30% | - | - | - | - | - | - | - | 4.71% |
| Financials | 1.15% | 8.15% | - | - | - | - | 1.42% | 0.00% | - | 10.73% |
| Health Care | 0.63% | 5.89% | - | - | - | - | - | - | - | 6.52% |
| Industrials | 5.21% | 9.75% | - | - | - | - | - | - | - | 14.96% |
| Oil & Gas | 1.13% | 2.13% | - | - | - | - | - | - | - | 3.27% |
| Technology | 0.22% | 3.33% | - | - | - | - | - | - | - | 3.55% |
| Telecommunications | 0.03% | 1.02% | - | - | - | - | - | - | - | 1.05% |
| Utilities | 0.17% | 1.13% | - | - | - | - | - | - | - | 1.30% |
| Property | - | - | - | - | - | - | - | - | - | - |
| Cash and Equivalents | - | - | - | - | - | - | - | - | 2.25% | 2.25% |
| Managed Funds | - | - | - | - | - | 0.03% | - | - | - | 0.03% |
| Bonds | - | - | 0.06% | - | - | - | - | - | - | 0.06% |
| Non-Classified | 8.84% | 0.02% | - | - | - | - | - | 0.00% | - | 8.85% |
| Commodities | - | - | - | - | - | - | - | - | - | - |
| Alternative Trading Strategies | - | - | - | - | - | - | - | - | - | - |
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 | 0558963 |
| Mex Code | MGMGB |
| Isin Code | GB0005589634 |
| Citi Code | M105 |
Charges
| Annual management charge | 1.50% |
Aims and Benchmark
| Benchmark | FTSE World Index GBP |
| ABI Sector | Global Equities |
| Aims | The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund. That fund aims to achieve long-term capital growth by actively investing predominantly in collective investment schemes in order to provide a well diversified exposure to global equities. |
Fund Background
| Launch date | 03/01/1995 |
Ratings
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -3.29 |
| Beta | 0.94 |
| Sharpe | 0.00 |
| Standard Deviation | 12.59 |
| Info Ratio | -0.73 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| 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 | No |
| Umbrella Liabilites | Yes |
| 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
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.
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.
Umbrella Liabilites - 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.
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.
