30/04/19 to 30/04/20 |
30/04/20 to 30/04/21 |
30/04/21 to 30/04/22 |
30/04/22 to 30/04/23 |
30/04/23 to 30/04/24 |
|
---|---|---|---|---|---|
Fund | -4.8% | 17.5% | -1.7% | -2.7% | 4.9% |
Benchmark | -3.6% | 15.9% | -1.2% | -2.6% | 6.4% |
Annualised | ||||
---|---|---|---|---|
3 Years to 30/04/24 |
5 Years to 30/04/24 |
10 Years to 30/04/24 |
||
Fund | 0.1% | 2.3% | 4.0% | |
Benchmark | 0.8% | 2.7% | 3.7% |
Stock | % Weight |
---|---|
L&G FREEHOLD PROPERTY | 1.76 |
iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) | 1.71 |
iShares iShares plc European Property Yield UCITS ETF EUR (Dist) | 0.62 |
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 0.53 |
ASTRAZENECA | 0.41 |
SAMSUNG ELECTRONICS CO. LTD | 0.40 |
MEP G A EUR NPV | 0.39 |
HSBC HOLDINGS | 0.37 |
TENCENT HOLDINGS LIMITED | 0.30 |
Segro Segro Ord GBP0.1 | 0.30 |
Total | 6.81 |
The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 12%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 12%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.
Phil Butler, CFA, is Portfolio Manager at M&G, part of the Treasury and Investment Office (T&IO formerly PPMG). The Investment Office is the fiduciary manager of Prudential UK&E Assets managing the retail saving solutions, legacy annuity products, with-profits policies and unit-linked solutions of Prudential UK&E. Phil is the lead portfolio manager of the WS Prudential Risk Managed Active and Passive fund ranges, the recently launched PruFund Planet range, as well as the Groups Unit Linked business; managing over £7bn in assets. Phil provides cover on a wider £100bn+ of multi-asset funds, including RM PruFund. Phil joined the Investment Office in late 2011 to become a member of the Multi-Asset Portfolio Management Team and specialised in the management of the unitised multi-asset funds. Prior to this, Phil was part of M&Gs Investment graduate scheme rotating through various specialist investment teams in different asset classes across the company. Before M&G, he spent 13 months at the Bank of England as a research assistant whilst completing his Banking and International Finance BSc at Cass Business School. Phil is governed by M&G Investment Management under the FCA’s Certification Regime and is a CFA charterholder.
Mid (10/05/2024) | 129.74p |
Historic yield | 2.54% |
Fund size (30/04/2024) | £442.15m |
Number of holdings | 7210 |
Entry Charge | 0.00% |
Ongoing Charges | 0.63% |
Launch date | 15/11/2013 |
International Bonds | 24.50% | |
International Equities | 20.94% | |
UK Equities | 9.91% | |
Alternative Trading Strategies | 7.46% | |
Money Market | 7.33% | |
Property | 5.87% | |
UK Corporate Bonds | 5.38% | |
Investment Trusts | 2.49% | |
Cash and Equivalents | 0.80% | |
Other Assets | 15.32% |
April 2024 Investment Summary
A mixed month for the Active range with returns ranging from -1.42% for Active 1 to +0.27% for Active 5.
P Acc share class with data sourced from FE analytics as at 30 April 2024.
April 2024 was a mixed month for portfolios generally.
Most major equity markets declined in April as global stock market sentiment reversed after five consecutive positive months, led by the revaluation of interest rate cuts and current geopolitical threats. Although stocks retraced some losses in the latter half of the month. Utilities and Financial Services led the sector-wise performance while Healthcare lagged.
Government bond prices were lower as the ten-year Treasury yield edged up to 4.69% from 4.33% over the month. Resilient economic data has whittled away hopes for imminent interest rate cuts, as investors continue to revise lower their expectations on the number of cuts from the Fed in 2024.
The US labour market decelerated from its strong start to 2024 as government data fell short of expectations to show payrolls increased by 175,000 in April, demonstrating a softening of the US labour market and boosting hopes of interest rates cuts. US consumer confidence retreated slightly in April, as households are still concerned on the impact of inflation, and future business conditions, job availability and income. Unemployment data ticked up slightly to 3.9% surprising market expectations for it to remain unchanged at 3.8%.
Conflict in the Middle East continues as the US has paused shipment of bombs to Israel amid hopes of positive negotiations on a ceasefire and hostage release deal. The conflicts Impact remains limited on the global economy. Shipping companies continue to divert vessels to avoid the possibility of attack, as Brent Crude dropped to over $80/barrel from $87/barrel in April.
Central banks’ continue to keep monetary policy tight enough to drive inflation back towards the 2% target, there is growing evidence of a continued softening in prices. Central banks may be in a position to ease policy rates later this year, but employment activity and inflation data over the next few months will be critical to the evolution of their thinking. The US economy continues to look strong, but other regions, including the Eurozone, face more challenging conditions.
While recent central bank meetings have suggested the next move in interest rates will be downwards, officials have been cautious to confirm when these cuts will be implemented, with a careful eye on data to ensure a sustainable route back to the inflation target.
WS Prudential Risk Managed Active - Tactical asset allocation activity
*We maintain our 1% overweight to Equities, diversified across the US, Europe, Asia, GEM. This is funded from a small net fixed income and cash underweight.
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. 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 ongoing charges, but take no account of product charges. Ongoing charges 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 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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
International Bonds | 24.50% | |
International Equities | 20.94% | |
UK Equities | 9.91% | |
Alternative Trading Strategies | 7.46% | |
Money Market | 7.33% | |
Property | 5.87% | |
UK Corporate Bonds | 5.38% | |
Investment Trusts | 2.49% | |
Cash and Equivalents | 0.80% | |
Other Assets | 15.32% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Bonds | 30.40% | - | - | - | |
Non-Classified | 17.37% | - | - | - | |
Non-Classified | - | 11.77% | - | - | |
Non-Classified | - | - | 11.77% | - | |
Non-Classified | - | - | - | 11.77% | |
Financials | 8.78% | - | - | - | |
Financial Services | - | 4.13% | - | - | |
Equity Investment Instruments | - | - | 2.49% | - | |
Equity Investment Instruments | - | - | - | 2.49% | |
Investment Banking & Brokerage Services | - | - | 1.33% | - | |
Asset Managers & Custodians | - | - | - | 0.76% | |
Investment Services | - | - | - | 0.46% | |
Diversified Financial Services | - | - | - | 0.11% | |
Finance & Credit Services | - | - | 0.30% | - | |
Financial Data & Systems | - | - | - | 0.17% | |
Consumer Lending | - | - | - | 0.07% | |
Mortgage Finance | - | - | - | 0.06% | |
Banks | - | 3.24% | - | - | |
Banks | - | - | 3.24% | - | |
Banks | - | - | - | 3.24% | |
Insurance | - | 1.42% | - | - | |
Life Insurance | - | - | 0.72% | - | |
Life Insurance | - | - | - | 0.72% | |
Non-life Insurance | - | - | 0.70% | - | |
Property & Casualty Insurance | - | - | - | 0.36% | |
Full Line Insurance | - | - | - | 0.18% | |
Reinsurance | - | - | - | 0.08% | |
Insurance Brokers | - | - | - | 0.08% | |
Cash and Equivalents | 8.13% | - | - | - | |
Alternative Trading Strategies | 7.46% | - | - | - | |
Alternative Trading Strategies | - | 7.46% | - | - | |
Alternative Trading Strategies | - | - | 7.46% | - | |
Alternative Trading Strategies | - | - | - | 7.46% | |
Industrials | 5.08% | - | - | - | |
Industrial Goods & Services | - | 4.70% | - | - | |
Industrial Transportation | - | - | 1.11% | - | |
Railroads | - | - | - | 0.45% | |
Transportation Services | - | - | - | 0.22% | |
Marine Transportation | - | - | - | 0.22% | |
Commercial Vehicle-Equipment Leasing | - | - | - | 0.07% | |
Commercial Vehicles & Parts | - | - | - | 0.06% | |
Delivery Services | - | - | - | 0.06% | |
Railroad Equipment | - | - | - | 0.02% | |
Trucking | - | - | - | 0.01% | |
Industrial Support Services | - | - | 1.04% | - | |
Professional Business Support Services | - | - | - | 0.37% | |
Industrial Suppliers | - | - | - | 0.32% | |
Transaction Processing Services | - | - | - | 0.18% | |
Business Training & Employment Agencies | - | - | - | 0.10% | |
Security Services | - | - | - | 0.06% | |
Forms & Bulk Printing Services | - | - | - | 0.00% | |
General Industrials | - | - | 0.80% | - | |
Diversified Industrials | - | - | - | 0.47% | |
Containers & Packaging | - | - | - | 0.29% | |
Glass | - | - | - | 0.02% | |
Paints & Coatings | - | - | - | 0.01% | |
Plastics | - | - | - | 0.00% | |
Electronic & Electrical Equipment | - | - | 0.62% | - | |
Electrical Components | - | - | - | 0.35% | |
Electronic Equipment: Control & Filter | - | - | - | 0.14% | |
Electronic Equipment: Gauges & Meters | - | - | - | 0.11% | |
Electronic Equipment: Pollution Control | - | - | - | 0.02% | |
Electronic Equipment: Other | - | - | - | 0.01% | |
Industrial Engineering | - | - | 0.58% | - | |
Machinery: Industrial | - | - | - | 0.18% | |
Machinery: Construction & Handling | - | - | - | 0.17% | |
Machinery: Engines | - | - | - | 0.10% | |
Machinery: Tools | - | - | - | 0.08% | |
Machinery: Specialty | - | - | - | 0.03% | |
Machinery: Agricultural | - | - | - | 0.01% | |
Aerospace & Defence | - | - | 0.54% | - | |
Defense | - | - | - | 0.30% | |
Aerospace | - | - | - | 0.23% | |
Construction & Materials | - | 0.37% | - | - | |
Construction & Materials | - | - | 0.37% | - | |
Construction | - | - | - | 0.11% | |
Building Materials: Other | - | - | - | 0.10% | |
Cement | - | - | - | 0.09% | |
Building: Climate Control | - | - | - | 0.04% | |
Engineering & Contracting Services | - | - | - | 0.02% | |
Building, Roofing/Wallboard & Plumbing | - | - | - | 0.01% | |
Consumer Discretionary | 4.67% | - | - | - | |
Consumer Products & Services | - | 1.19% | - | - | |
Household Goods & Home Construction | - | - | 0.44% | - | |
Home Construction | - | - | - | 0.35% | |
Household Appliance | - | - | - | 0.08% | |
Household Furnishings | - | - | - | 0.01% | |
Household Equipment & Products | - | - | - | 0.00% | |
Personal Goods | - | - | 0.25% | - | |
Clothing & Accessories | - | - | - | 0.14% | |
Luxury Items | - | - | - | 0.05% | |
Footwear | - | - | - | 0.03% | |
Cosmetics | - | - | - | 0.03% | |
Leisure Goods | - | - | 0.25% | - | |
Consumer Electronics | - | - | - | 0.10% | |
Electronic Entertainment | - | - | - | 0.08% | |
Recreational Vehicles & Boats | - | - | - | 0.03% | |
Photography | - | - | - | 0.02% | |
Toys | - | - | - | 0.01% | |
Recreational Products | - | - | - | 0.01% | |
Consumer Services | - | - | 0.24% | - | |
Vending & Catering Service | - | - | - | 0.17% | |
Consumer Services: Misc. | - | - | - | 0.06% | |
Education Services | - | - | - | 0.01% | |
Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
Retail | - | 1.18% | - | - | |
Retailers | - | - | 1.18% | - | |
Diversified Retailers | - | - | - | 0.71% | |
Specialty Retailers | - | - | - | 0.19% | |
Apparel Retailers | - | - | - | 0.15% | |
Home Improvement Retailers | - | - | - | 0.13% | |
Automobiles & Parts | - | 0.90% | - | - | |
Automobiles & Parts | - | - | 0.90% | - | |
Automobiles | - | - | - | 0.66% | |
Auto Parts | - | - | - | 0.21% | |
Tires | - | - | - | 0.03% | |
Travel & Leisure | - | 0.75% | - | - | |
Travel & Leisure | - | - | 0.75% | - | |
Hotels & Motels | - | - | - | 0.26% | |
Restaurants & Bars | - | - | - | 0.14% | |
Airlines | - | - | - | 0.13% | |
Casinos & Gambling | - | - | - | 0.11% | |
Travel & Tourism | - | - | - | 0.09% | |
Recreational Services | - | - | - | 0.02% | |
Media | - | 0.65% | - | - | |
Media | - | - | 0.65% | - | |
Publishing | - | - | - | 0.26% | |
Media Agencies | - | - | - | 0.22% | |
Radio & TV Broadcasters | - | - | - | 0.12% | |
Entertainment | - | - | - | 0.06% | |
Technology | 3.47% | - | - | - | |
Technology | - | 3.47% | - | - | |
Software & Computer Services | - | - | 1.81% | - | |
Consumer Digital Services | - | - | - | 0.92% | |
Software | - | - | - | 0.58% | |
Computer Services | - | - | - | 0.31% | |
Technology Hardware & Equipment | - | - | 1.66% | - | |
Semiconductors | - | - | - | 1.15% | |
Production Technology Equipment | - | - | - | 0.18% | |
Computer Hardware | - | - | - | 0.16% | |
Electronic Components | - | - | - | 0.15% | |
Electronic Office Equipment | - | - | - | 0.02% | |
Property | 2.28% | - | - | - | |
Property | - | 2.28% | - | - | |
Property | - | - | 2.28% | - | |
Property | - | - | - | 2.28% | |
Real Estate | 2.24% | - | - | - | |
Real Estate | - | 2.24% | - | - | |
Real Estate Investment Trusts | - | - | 1.73% | - | |
Diversified REITs | - | - | - | 0.47% | |
Industrial REITs | - | - | - | 0.37% | |
Residential REITs | - | - | - | 0.18% | |
Office REITs | - | - | - | 0.16% | |
Retail REITs | - | - | - | 0.12% | |
Storage REITs | - | - | - | 0.11% | |
Infrastructure REITs | - | - | - | 0.11% | |
Health Care REITs | - | - | - | 0.09% | |
Other Specialty REITs | - | - | - | 0.08% | |
Timber REITs | - | - | - | 0.02% | |
Hotel & Lodging REITs | - | - | - | 0.00% | |
Real Estate Investment & Services | - | - | 0.51% | - | |
Real Estate Holding and Development | - | - | - | 0.35% | |
Real Estate Services | - | - | - | 0.16% | |
Health Care | 2.13% | - | - | - | |
Health Care | - | 2.13% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 1.67% | - | |
Pharmaceuticals | - | - | - | 1.52% | |
Biotechnology | - | - | - | 0.14% | |
Medical Equipment & Services | - | - | 0.32% | - | |
Medical Equipment | - | - | - | 0.23% | |
Medical Supplies | - | - | - | 0.08% | |
Medical Services | - | - | - | 0.01% | |
Health Care Providers | - | - | 0.15% | - | |
Health Care Management Services | - | - | - | 0.12% | |
Health Care Services | - | - | - | 0.02% | |
Health Care Facilities | - | - | - | 0.01% | |
Consumer Staples | 2.05% | - | - | - | |
Personal Care, Drug & Grocery Stores | - | 1.04% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 1.04% | - | |
Food Retailers & Wholesalers | - | - | - | 0.51% | |
Personal Products | - | - | - | 0.33% | |
Nondurable Household Products | - | - | - | 0.12% | |
Drug Retailers | - | - | - | 0.08% | |
Food, Beverage & Tobacco | - | 1.00% | - | - | |
Beverages | - | - | 0.60% | - | |
Distillers & Vintners | - | - | - | 0.31% | |
Soft Drinks | - | - | - | 0.20% | |
Brewers | - | - | - | 0.08% | |
Food Producers | - | - | 0.41% | - | |
Food Products | - | - | - | 0.39% | |
Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
Fruit & Grain Processing | - | - | - | 0.01% | |
Energy | 1.69% | - | - | - | |
Energy | - | 1.69% | - | - | |
Non-Renewable Energy | - | - | 1.65% | - | |
Integrated Oil & Gas | - | - | - | 0.89% | |
Pipelines | - | - | - | 0.27% | |
Oil: Crude Producers | - | - | - | 0.25% | |
Oil Refining and Marketing | - | - | - | 0.13% | |
Oil Equipment & Services | - | - | - | 0.10% | |
Coal | - | - | - | 0.00% | |
Offshore Drilling & Other Services | - | - | - | 0.00% | |
Renewable Energy | - | - | 0.04% | - | |
Renewable Energy Equipment | - | - | - | 0.04% | |
Alternative Fuels | - | - | - | 0.00% | |
Utilities | 1.59% | - | - | - | |
Utilities | - | 1.59% | - | - | |
Electricity | - | - | 0.93% | - | |
Conventional Electricity | - | - | - | 0.87% | |
Alternative Electricity | - | - | - | 0.06% | |
Gas, Water & Multi-utilities | - | - | 0.64% | - | |
Multi-Utilities | - | - | - | 0.46% | |
Water | - | - | - | 0.12% | |
Gas Distribution | - | - | - | 0.07% | |
Waste & Disposal Services | - | - | 0.01% | - | |
Waste & Disposal Services | - | - | - | 0.01% | |
Basic Materials | 1.36% | - | - | - | |
Basic Resources | - | 0.86% | - | - | |
Industrial Metals & Mining | - | - | 0.68% | - | |
General Mining | - | - | - | 0.41% | |
Iron & Steel | - | - | - | 0.16% | |
Copper | - | - | - | 0.06% | |
Metal Fabricating | - | - | - | 0.03% | |
Aluminum | - | - | - | 0.01% | |
Nonferrous Metals | - | - | - | 0.00% | |
Precious Metals & Mining | - | - | 0.11% | - | |
Gold Mining | - | - | - | 0.11% | |
Platinum & Precious Metals | - | - | - | 0.00% | |
Diamonds & Gemstones | - | - | - | 0.00% | |
Industrial Materials | - | - | 0.06% | - | |
Paper | - | - | - | 0.04% | |
Diversified Materials | - | - | - | 0.02% | |
Textile Products | - | - | - | 0.00% | |
Chemicals | - | 0.50% | - | - | |
Chemicals | - | - | 0.50% | - | |
Chemicals: Diversified | - | - | - | 0.35% | |
Specialty Chemicals | - | - | - | 0.10% | |
Fertilizers | - | - | - | 0.03% | |
Chemicals & Synthetic Fibers | - | - | - | 0.01% | |
Telecommunications | 1.32% | - | - | - | |
Telecommunications | - | 1.32% | - | - | |
Telecommunications Equipment | - | - | 0.68% | - | |
Telecommunications Equipment | - | - | - | 0.68% | |
Telecommunications Service Providers | - | - | 0.64% | - | |
Telecommunications Services | - | - | - | 0.61% | |
Cable Television Services | - | - | - | 0.03% |
North America | 18.22% | |
UK | 15.81% | |
Non-Classified | 26.24% | |
Developed Europe - Excl UK | 11.38% | |
Cash and Equivalents | 8.13% | |
Emerging Asia | 6.40% | |
Property | 5.86% | |
Japan | 2.54% | |
Developed Asia | 1.64% | |
Other Regions | 3.77% |
Non-Fixed Interest Assets | 68.80% | |
US Dollar | 12.60% | |
Pound Sterling | 12.41% | |
Euro | 3.91% | |
Cash | 0.80% | |
Brazilian Real | 0.14% | |
Other Currencies | 1.35% |
Region | Country | ||
---|---|---|---|
North America | 18.22% | - | |
United States | - | 16.80% | |
Canada | - | 1.42% | |
UK | 15.81% | - | |
United Kingdom | - | 15.81% | |
Jersey | - | 0.00% | |
Non-Classified | 26.24% | - | |
Developed Europe - Excl UK | 11.38% | - | |
France | - | 2.77% | |
Germany | - | 2.16% | |
Netherlands | - | 1.42% | |
Luxembourg | - | 0.87% | |
Switzerland | - | 0.87% | |
Spain | - | 0.60% | |
Ireland | - | 0.52% | |
Italy | - | 0.49% | |
Sweden | - | 0.45% | |
Denmark | - | 0.38% | |
Belgium | - | 0.24% | |
Finland | - | 0.22% | |
Norway | - | 0.22% | |
Austria | - | 0.12% | |
Iceland | - | 0.03% | |
Portugal | - | 0.02% | |
Cash and Equivalents | 8.13% | - | |
Emerging Asia | 6.40% | - | |
China | - | 2.54% | |
South Korea | - | 1.16% | |
Taiwan | - | 0.80% | |
India | - | 0.63% | |
Indonesia | - | 0.42% | |
Philippines | - | 0.26% | |
Malaysia | - | 0.17% | |
Thailand | - | 0.17% | |
Uzbekistan | - | 0.06% | |
Viet Nam | - | 0.04% | |
Azerbaijan | - | 0.03% | |
Kazakhstan | - | 0.03% | |
Tajikistan | - | 0.02% | |
Georgia | - | 0.02% | |
Mongolia | - | 0.02% | |
Armenia | - | 0.02% | |
Sri Lanka | - | 0.01% | |
Papua New Guinea | - | 0.01% | |
Pakistan | - | 0.00% | |
Macau | - | 0.00% | |
Property | 5.86% | - | |
Japan | 2.54% | - | |
Japan | - | 2.54% | |
Developed Asia | 1.64% | - | |
Hong Kong | - | 1.13% | |
Singapore | - | 0.52% | |
South & Central America | 1.57% | - | |
Mexico | - | 0.55% | |
Brazil | - | 0.29% | |
Colombia | - | 0.18% | |
Peru | - | 0.08% | |
Dominican Republic | - | 0.08% | |
Uruguay | - | 0.07% | |
Argentina | - | 0.06% | |
Paraguay | - | 0.04% | |
Jamaica | - | 0.03% | |
Guatemala | - | 0.03% | |
Chile | - | 0.03% | |
Barbados | - | 0.02% | |
Honduras | - | 0.02% | |
Trinidad and Tobago | - | 0.02% | |
El Salvador | - | 0.01% | |
Ecuador | - | 0.01% | |
Suriname | - | 0.01% | |
Venezuela | - | 0.01% | |
Cayman Islands | - | 0.01% | |
Costa Rica | - | 0.01% | |
Panama | - | 0.00% | |
Bolivia | - | 0.00% | |
Australia & New Zealand | 0.86% | - | |
Australia | - | 0.83% | |
New Zealand | - | 0.02% | |
New Caledonia | - | 0.01% | |
Middle East & Africa | 0.76% | - | |
South Africa | - | 0.15% | |
United Arab Emirates | - | 0.09% | |
Israel | - | 0.09% | |
Egypt | - | 0.04% | |
Morocco | - | 0.04% | |
Qatar | - | 0.04% | |
Cote D'Ivoire | - | 0.03% | |
Oman | - | 0.03% | |
Nigeria | - | 0.03% | |
Kenya | - | 0.02% | |
Benin | - | 0.02% | |
Gabon | - | 0.02% | |
Jordan | - | 0.02% | |
Senegal | - | 0.02% | |
Angola | - | 0.02% | |
Cameroon | - | 0.02% | |
Mozambique | - | 0.02% | |
Rwanda | - | 0.02% | |
Zambia | - | 0.01% | |
Ghana | - | 0.01% | |
Iraq | - | 0.01% | |
Kuwait | - | 0.01% | |
Saudi Arabia | - | 0.00% | |
Emerging Europe | 0.58% | - | |
Poland | - | 0.13% | |
Romania | - | 0.11% | |
Hungary | - | 0.09% | |
Turkey | - | 0.09% | |
Greece | - | 0.06% | |
Serbia | - | 0.03% | |
Ukraine | - | 0.02% | |
Montenegro | - | 0.02% | |
Bosnia and Herzegowina | - | 0.01% | |
Albania | - | 0.01% | |
Macedonia, The Former Yugoslav Republic Of | - | 0.01% | |
Czech Republic | - | 0.00% | |
Russian Federation | - | 0.00% |
Mega |
|
14.31% |
Large |
|
8.03% |
Medium |
|
6.15% |
Small |
|
1.67% |
Micro |
|
0.73% |
Non-Classified |
|
30.58% |
Bonds |
|
30.40% |
Cash |
|
8.13% |
< 5Yr Maturity |
|
13.76% |
5Yr - 10Yr Maturity |
|
9.41% |
10Yr - 15Yr Maturity |
|
2.37% |
> 15Yr Maturity |
|
4.86% |
Cash And Equivalents |
|
8.13% |
Unknown Maturity |
|
5.41% |
Other Asset Types |
|
56.07% |
AAA |
|
2.66% |
AA |
|
2.72% |
A |
|
6.89% |
BBB |
|
8.30% |
Sub-Investment Grade |
|
2.99% |
Unknown Quality |
|
6.84% |
Cash and Equivalents |
|
8.13% |
Other Asset Types |
|
61.48% |
Name | % Weight | Sector | Country | |
---|---|---|---|---|
1 | M&G (1) Sterling Investment Grade Corporate Bond Class Z2A GBP | 13.08% | Managed Funds | Managed Funds |
2 | M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc | 8.64% | Managed Funds | Managed Funds |
3 | Eastspring US Corporate Bond Class EG (hedged) | 7.74% | Managed Funds | Managed Funds |
4 | M&G (LUX) FCP Asian Local CCY Bond Class ZI | 6.60% | Managed Funds | Managed Funds |
5 | M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A | 5.19% | Managed Funds | Managed Funds |
6 | M&G (ACS) BlackRock UK 200 Equity Fund Z4A Acc | 4.02% | Managed Funds | Managed Funds |
7 | M&G Global High Yield Bond Class A GBP | 3.89% | Managed Funds | Managed Funds |
8 | M&G Emerging Markets Bond Class PP GBP | 3.41% | Managed Funds | Managed Funds |
9 | M&G (ACS) BlackRock UK All Share Equity OA | 3.05% | Managed Funds | Managed Funds |
10 | M&G (ACS) UK Listed Equity Fund Z4A Acc | 2.53% | Managed Funds | Managed Funds |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | L&G FREEHOLD PROPERTY | 1.76% | Property | Direct Property and REITs |
2 | iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) | 1.71% | Non-Classified | Direct Property and REITs |
3 | iShares iShares plc European Property Yield UCITS ETF EUR (Dist) | 0.62% | Non-Classified | Direct Property and REITs |
4 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 0.53% | Technology Hardware & Equipment | Taiwan |
5 | ASTRAZENECA | 0.41% | Pharmaceuticals & Biotechnology | United Kingdom |
6 | SAMSUNG ELECTRONICS CO. LTD | 0.40% | Telecommunications Equipment | South Korea |
7 | MEP G A EUR NPV | 0.39% | Non-Classified | Non-Classified |
8 | HSBC HOLDINGS | 0.37% | Banks | United Kingdom |
9 | TENCENT HOLDINGS LIMITED | 0.30% | Software & Computer Services | China |
10 | Segro Segro Ord GBP0.1 | 0.30% | Real Estate Investment Trusts | Direct Property and REITs |
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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Sedol Code | BF23283 |
Mex Code | - |
Isin Code | GB00BF232834 |
Citi Code | JRPZ |
Entry Charge | 0.00% |
Ongoing Charges | 0.63% |
Aims | The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 12%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 12%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target. |
Benchmark | IA Mixed Investment 20-60% shares |
Benchmark Category | Comparator |
IA Sector | Volatility Managed |
Valuation frequency | Daily |
Valuation point | 12:00 |
Fund type | OEIC |
Launch price | £1.00 |
Fund currency | Pound Sterling |
Fund domicile | United Kingdom |
ISA allowable | Yes |
SIPP allowable | Yes |
Income frequency | Annually |
Distribution Type | Dividend |
Distribution Payment Basis | Net |
Ex dividend date(s) | Income payment date(s) |
---|---|
01 November | 31 December |
FE Crown |
Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
---|---|
- | - |
Fund Trustee/Depository | The Bank of New York Mellon (International) Limited |
Fund Administrator | Link Fund Administrators Limited |
Fund Registrar | Link Fund Administrators Limited |
Fund Custodian | The Bank of New York Mellon (International) Limited |
Group name | Waystone Management (UK) Limited |
Group address | PO Box 389, DARLINGTON, DL1 9UF |
Group telephone | 0345 9220044 |
Dealing telephone | 0344 3358936 |
investorservices@linkgroup.co.uk | |
Homepage | www.waystone.com |
Fax number | 0113 2246001 |
Minimum Investment | £500000 |
Minimum Top Up | £10000 |
Minimum Regular Saving | - |
Settlement Period: Buy | 4 days |
Settlement Period: Sell | 4 days |
Pricing Basis | Forward |
Dealing Decimals | 2 |
Ongoing charges 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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Ratio | Value |
---|---|
Alpha | -1.44 |
Beta | 0.86 |
Sharpe | 0.00 |
Standard Deviation | 6.95 |
Info Ratio | -0.65 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | No |
Emerging Markets | Yes |
Concentrated Portfolio | No |
Smaller Companies | No |
High Yield Bonds | Yes |
Sector Specific | No |
Geared Investments | No |
Value of Investments | Yes |
Investments Long Term | Yes |
Property | Yes |
Exchange Rate | No |
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 | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
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.
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.
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 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.
The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)
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.
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.
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
The risk factor definitions are provided by Broadridge. 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 Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Source of performance data: FE fundinfo. 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 ongoing charges, but take no account of product charges. Ongoing charges 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 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 Broadridge, 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.