Pru Life Henderson China Opportunities S5
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 | 8.84% | -17.07% | 8.72% | 32.07% | - |
| Sector | 8.13% | -11.36% | 7.23% | 50.47% | -26.57% |
| Rank | 67/171 | 108/160 | 62/152 | 135/135 | - |
| Quartile | 2 | 3 | 2 | 4 | - |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | -0.63% | - | - |
| Sector | 0.92% | 2.58% | 14.28% |
| Rank | 98/152 | - | - |
| Quartile | 3 | - | - |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| AIA Group | 7.65 |
| Tencent Holdings (P Chip) | 5.25 |
| China Petroleum & Chemical Corp. | 5.22 |
| China Construction Bank (H) | 4.70 |
| China Mobile (Red Chip) | 4.61 |
| Cheung Kong (Holdings) | 4.39 |
| Ping An Insurance (H) | 4.26 |
| China Overseas Land & Investment | 4.02 |
| China Resources Power Holdings (RED CHIP) | 3.88 |
| Great Wall Motor Company (H) | 3.61 |
| Total | 47.60 |
Fund Aims
The investment strategy of the fund is to purchase units in the Henderson China Opportunities Fund. That fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from investments in Hong Kong and Chinese equity markets.The fund invests predominantly in companies registered in Hong Kong or China, or that carry out the majority of their business activities in these markets.
Fund Manager
Charlie joined Henderson in 2011 as an Investment Manager. Prior to that, Charlie was an Investment Manager at Gartmore. Charlie joined Gartmore in September 2001, with responsibility for research into the materials sector. In September 2003, Charlie assumed the role of Investment Manager and began supporting the management of the Gartmore China Opportunities Fund. As a sector specialist he conducted research into the industrials and materials sectors for Global Emerging markets products. Charlie spent six months working in Gartmore’s Hong Kong office focusing on opportunities in the Chinese market, returning in April 2006. Charlie was appointed Fund Manager of the Gartmore China Opportunities Fund on 12th June 2006. Charlie is a CFA charter holder and holds a first class Honours BSc in Geography from the University of Bristol.
Fund Overview
| Bid (21/05/2013) | 166.80 |
| Offer | n/a |
| Fund size | £0.53m |
| Underlying Fund size | £404.23m |
| Number of holdings | 50 |
| Annual management charge | 2.15% |
| Launch date | 20/10/2008 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Real Estate | 16.08 |
| Insurance | 11.91 |
| Automobiles & Parts | 9.35 |
| Banks | 8.81 |
| Industrial Goods & Services | 8.05 |
| Technology | 7.63 |
| Utilities | 6.44 |
| Oil & Gas | 6.32 |
| Travel & Leisure | 6.14 |
| Other | 19.26 |
Important Information
Source of portfolio data: FundsLibrary. Source of performance data: Financial Express Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund performance is based upon the movement of the daily price. Performance figures show total return with net income reinvested in GBP. The value of your investment may go down as well as up and the fund value may be less than the payments you have made.This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on www.pru.co.uk. Every care has been taken in populating this output, however it must be appreciated that neither Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. The registered office of Prudential is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454. The registered office of Prudential is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454.
Asset Allocation
| International Equities | 93.90% | |
| Property | 0.72% | |
| Cash and Equivalents | 0.48% | |
| Other | 4.90% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 1.13% | - | - | - | |
| Basic Resources | - | 1.13% | - | - | |
| Mining | - | - | 1.13% | - | |
| Coal | - | - | - | 1.13% | |
| Consumer Goods | 12.87% | - | - | - | |
| Automobiles & Parts | - | 9.35% | - | - | |
| Automobiles & Parts | - | - | 9.35% | - | |
| Automobiles | - | - | - | 6.21% | |
| Auto Parts | - | - | - | 3.15% | |
| Personal & Household Goods | - | 3.52% | - | - | |
| Personal Goods | - | - | 2.24% | - | |
| Clothing & Accessories | - | - | - | 1.24% | |
| Personal Products | - | - | - | 1.00% | |
| Household Goods & Home Construction | - | - | 1.28% | - | |
| Durable Household Products | - | - | - | 1.28% | |
| Consumer Services | 7.10% | - | - | - | |
| Travel & Leisure | - | 6.14% | - | - | |
| Travel & Leisure | - | - | 6.14% | - | |
| Gambling | - | - | - | 6.14% | |
| Retail | - | 0.96% | - | - | |
| General Retailers | - | - | 0.96% | - | |
| Broadline Retailers | - | - | - | 0.96% | |
| Financials | 37.77% | - | - | - | |
| Real Estate | - | 16.08% | - | - | |
| Real Estate Investment & Services | - | - | 15.36% | - | |
| Real Estate Holding & Development | - | - | - | 15.36% | |
| Real Estate Investment Trusts | - | - | 0.72% | - | |
| Retail REITs | - | - | - | 0.72% | |
| Insurance | - | 11.91% | - | - | |
| Life Insurance | - | - | 11.91% | - | |
| Life Insurance | - | - | - | 11.91% | |
| Banks | - | 8.81% | - | - | |
| Banks | - | - | 8.81% | - | |
| Banks | - | - | - | 8.81% | |
| Financial Services | - | 0.96% | - | - | |
| Financial Services | - | - | 0.96% | - | |
| Asset Managers | - | - | - | 0.96% | |
| Health Care | 1.26% | - | - | - | |
| Health Care | - | 1.26% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 1.26% | - | |
| Pharmaceuticals | - | - | - | 1.26% | |
| Industrials | 9.01% | - | - | - | |
| Industrial Goods & Services | - | 8.05% | - | - | |
| General Industrials | - | - | 3.19% | - | |
| Diversified Industrials | - | - | - | 1.75% | |
| Containers & Packaging | - | - | - | 1.45% | |
| Industrial Engineering | - | - | 3.06% | - | |
| Industrial Machinery | - | - | - | 2.15% | |
| Commercial Vehicles & Trucks | - | - | - | 0.91% | |
| Electronic & Electrical Equipment | - | - | 1.79% | - | |
| Electrical Components & Equipment | - | - | - | 1.79% | |
| Construction & Materials | - | 0.97% | - | - | |
| Construction & Materials | - | - | 0.97% | - | |
| Building Materials & Fixtures | - | - | - | 0.97% | |
| Oil & Gas | 6.32% | - | - | - | |
| Oil & Gas | - | 6.32% | - | - | |
| Oil & Gas Producers | - | - | 5.22% | - | |
| Integrated Oil & Gas | - | - | - | 5.22% | |
| Oil Equipment, Services & Distribution | - | - | 1.10% | - | |
| Oil Equipment & Services | - | - | - | 1.10% | |
| Technology | 7.63% | - | - | - | |
| Technology | - | 7.63% | - | - | |
| Software & Computer Services | - | - | 5.25% | - | |
| Internet | - | - | - | 5.25% | |
| Technology Hardware & Equipment | - | - | 2.38% | - | |
| Semiconductors | - | - | - | 1.53% | |
| Computer Hardware | - | - | - | 0.85% | |
| Telecommunications | 5.09% | - | - | - | |
| Telecommunications | - | 5.09% | - | - | |
| Mobile Telecommunications | - | - | 4.61% | - | |
| Mobile Telecommunications | - | - | - | 4.61% | |
| Fixed Line Telecommunications | - | - | 0.48% | - | |
| Fixed Line Telecommunications | - | - | - | 0.48% | |
| Utilities | 6.44% | - | - | - | |
| Utilities | - | 6.44% | - | - | |
| Electricity | - | - | 5.48% | - | |
| Conventional Electricity | - | - | - | 5.48% | |
| Gas, Water & Multiutilities | - | - | 0.96% | - | |
| Gas Distribution | - | - | - | 0.96% | |
| Non-Classified | 4.90% | - | - | - | |
| Cash and Equivalents | 0.48% | - | - | - | |
Regional Allocation
| Developed Asia | 61.49% | |
| Emerging Asia | 27.14% | |
| UK | 4.90% | |
| North America | 2.76% | |
| Developed Europe - Excl UK | 2.52% | |
| Property | 0.72% | |
| Cash and Equivalents | 0.48% |
| Non-debt | 99.89% | |
| US Dollar | 0.11% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Asia | 61.49% | - | |
Hong Kong
|
- | 61.49% | |
| Emerging Asia | 27.14% | - | |
China
|
- | 27.14% | |
| UK | 4.90% | - | |
United Kingdom
|
- | 4.90% | |
| North America | 2.76% | - | |
United States
|
- | 2.76% | |
| Developed Europe - Excl UK | 2.52% | - | |
Luxembourg
|
- | 1.28% | |
Italy
|
- | 1.24% | |
| Property | 0.72% | - | |
| Cash and Equivalents | 0.48% | - | |
Breakdown By Market Cap (%)
| Mega |
|
42.80% |
| Large |
|
26.45% |
| Medium |
|
15.80% |
| Small |
|
6.59% |
| Micro |
|
0.00% |
| Non-Classified |
|
7.88% |
| Bonds |
|
0.00% |
| Cash |
|
0.48% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | AIA Group | 7.65% | Insurance | Hong Kong |
| 2 | Tencent Holdings (P Chip) | 5.25% | Technology | Hong Kong |
| 3 | China Petroleum & Chemical Corp. | 5.22% | Oil & Gas | China |
| 4 | China Construction Bank (H) | 4.70% | Banks | China |
| 5 | China Mobile (Red Chip) | 4.61% | Telecommunications | Hong Kong |
| 6 | Cheung Kong (Holdings) | 4.39% | Real Estate | Hong Kong |
| 7 | Ping An Insurance (H) | 4.26% | Insurance | China |
| 8 | China Overseas Land & Investment | 4.02% | Real Estate | Hong Kong |
| 9 | China Resources Power Holdings (RED CHIP) | 3.88% | Utilities | Hong Kong |
| 10 | Great Wall Motor Company (H) | 3.61% | Automobiles & Parts | China |
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 | - | 1.13% | - | - | - | - | - | - | - | 1.13% |
| Consumer Goods | - | 12.87% | - | - | - | - | - | - | - | 12.87% |
| Consumer Services | - | 7.10% | - | - | - | - | - | - | - | 7.10% |
| Financials | - | 37.05% | - | - | - | - | 0.72% | - | - | 37.77% |
| Health Care | - | 1.26% | - | - | - | - | - | - | - | 1.26% |
| Industrials | - | 9.01% | - | - | - | - | - | - | - | 9.01% |
| Oil & Gas | - | 6.32% | - | - | - | - | - | - | - | 6.32% |
| Technology | - | 7.63% | - | - | - | - | - | - | - | 7.63% |
| Telecommunications | - | 5.09% | - | - | - | - | - | - | - | 5.09% |
| Utilities | - | 6.44% | - | - | - | - | - | - | - | 6.44% |
| Property | - | - | - | - | - | - | - | - | - | - |
| Cash and Equivalents | - | - | - | - | - | - | - | - | 0.48% | 0.48% |
| Managed Funds | - | - | - | - | - | - | - | - | - | - |
| Bonds | - | - | - | - | - | - | - | - | - | - |
| Non-Classified | - | - | - | - | - | - | - | 4.90% | - | 4.90% |
| 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 | B3BW2S7 |
| Mex Code | PUGRCO |
| Isin Code | GB00B3BW2S71 |
| Citi Code | DAA5 |
Charges
| Annual management charge | 2.15% |
Aims and Benchmark
| Benchmark | MSCI Zhong Hua Index |
| ABI Sector | Asia Pacific excluding Japan Equities |
| Aims | The investment strategy of the fund is to purchase units in the Henderson China Opportunities Fund. That fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from investments in Hong Kong and Chinese equity markets.The fund invests predominantly in companies registered in Hong Kong or China, or that carry out the majority of their business activities in these markets. |
Fund Background
| Launch date | 20/10/2008 |
Ratings
| OBSR |  |
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -1.09 |
| Beta | 0.99 |
| Sharpe | -0.01 |
| Standard Deviation | 17.55 |
| Info Ratio | -0.16 |
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 | Yes |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| 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
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.
Higher Risk - This fund is specifically aimed at sophisticated investors and is particularly high risk, because it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask us for a copy of the provider's key features and brochure.
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.
