31/12/18 to 31/12/19 |
31/12/19 to 31/12/20 |
31/12/20 to 31/12/21 |
31/12/21 to 31/12/22 |
31/12/22 to 31/12/23 |
|
---|---|---|---|---|---|
Fund | 13.9% | 9.8% | 1.9% | -4.8% | 13.2% |
Benchmark | 14.8% | 11.1% | 2.5% | -4.8% | 13.3% |
Quarter | Annualised | |||
---|---|---|---|---|
4 2023 |
3 Years to 31/12/23 |
5 Years to 31/12/23 |
10 Years to 31/12/23 |
|
Fund | 3.3% | 3.2% | 6.6% | 7.9% |
Benchmark | 3.3% | 3.4% | 7.1% | 8.2% |
Stock | % Weight |
---|---|
TOYOTA MOTOR CORPORATION | 6.90 |
TOKYO ELECTRON LIMITED | 3.51 |
SONY CORP | 3.10 |
HITACHI | 2.76 |
HONDA MOTOR CO. | 2.31 |
FAST RETAILING CO. | 2.24 |
MITSUI & CO. | 2.13 |
MITSUBISHI UFJ FINANCIAL GROUP | 2.10 |
MITSUI SUMITOMO INSURANCE CO. | 2.06 |
KDDI CORP. | 2.01 |
Total | 29.10 |
Objective: The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Index Fund – the underlying fund.
Underlying fund objective: The fund gains its exposure via the M&G (ACS) BlackRock Japan Equity fund. The underlying fund aims to be fully invested in the equity securities and equity related securities of companies that are constituents of the MSCI Japan Index.
Within the index-relative limits, the Investment Manager uses a structured and systematic, bottom up stock selection process to build a portfolio with similar risk-return characteristics as the index in order to meet the fund's investment objectives. In addition to the fund's objective, the Investment Manager aims to maximise the fund's ESG characteristics by overweighting its investments in securities which score well against the Investment Manager's ESG research framework and underweighting the securities which score less well.
Performance Objective: The fund aims to provide a total return (i.e. capital growth plus income), gross of the Ongoing Charges Figure, over any three year period.
Richard O’Connor joined Prudential Group in July 2002 and is an index fund manager with responsibility for some 15 funds. He is also fund manager of the M&G Global Real Estate Securities Fund. He joined the business from Goldman Sachs where he worked as a consultant to the fixed income derivatives department. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management (South Africa) in a research analyst role, which he held for more than three years. Richard graduated with an honours degree in investment management from Rand Afrikaans University and a bachelor of commerce degree from the University of Natal.
Daily price (26/03/2024) | 355.40 |
Fund size (29/02/2024) | £4.87m |
Underlying Fund size | £4.93m |
Number of holdings | 159 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Launch date | 31/03/2004 |
International Equities | 97.19% | |
Cash and Equivalents | 1.36% | |
Property | 0.38% | |
Other Assets | 1.07% |
Performance as at Q4 2023 - In common with other markets around the world, the Japanese stockmarket rallied strongly from late October onwards, on the back of hopes that interest rates in other major economies had peaked and would begin falling in 2024. Over the quarter as a whole, however, Japan lagged other markets, in sterling terms. Interest rates remain very low, with the Bank of Japan (BoJ) holding overnight interest rates at -0.1% and managing 10-year government bond yields, through its so-called “yield curve control policy”. During the quarter, data released showed business confidence improving, but the whole economy contracted more than expected in the third quarter. In early November, the Japanese government announced a package of measures aimed at stimulating the economy which included cuts in income and residential taxes and support for low-earning households.
Source: M&G
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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 fund charges and further costs, but take no account of 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 gross 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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
International Equities | 97.19% | |
Cash and Equivalents | 1.36% | |
Property | 0.38% | |
Other Assets | 1.07% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Industrials | 22.66% | - | - | - | |
Industrial Goods & Services | - | 21.12% | - | - | |
General Industrials | - | - | 6.38% | - | |
Diversified Industrials | - | - | - | 5.93% | |
Glass | - | - | - | 0.37% | |
Paints & Coatings | - | - | - | 0.08% | |
Industrial Engineering | - | - | 4.71% | - | |
Machinery: Industrial | - | - | - | 2.08% | |
Machinery: Construction & Handling | - | - | - | 1.44% | |
Machinery: Agricultural | - | - | - | 1.19% | |
Industrial Support Services | - | - | 4.13% | - | |
Industrial Suppliers | - | - | - | 2.13% | |
Business Training & Employment Agencies | - | - | - | 0.88% | |
Forms & Bulk Printing Services | - | - | - | 0.75% | |
Security Services | - | - | - | 0.37% | |
Industrial Transportation | - | - | 3.23% | - | |
Marine Transportation | - | - | - | 1.86% | |
Railroads | - | - | - | 0.75% | |
Transportation Services | - | - | - | 0.33% | |
Delivery Services | - | - | - | 0.29% | |
Electronic & Electrical Equipment | - | - | 2.68% | - | |
Electronic Equipment: Gauges & Meters | - | - | - | 1.65% | |
Electrical Components | - | - | - | 1.03% | |
Construction & Materials | - | 1.54% | - | - | |
Construction & Materials | - | - | 1.54% | - | |
Building: Climate Control | - | - | - | 1.16% | |
Construction | - | - | - | 0.22% | |
Building Materials: Other | - | - | - | 0.16% | |
Consumer Discretionary | 22.13% | - | - | - | |
Automobiles & Parts | - | 11.36% | - | - | |
Automobiles & Parts | - | - | 11.36% | - | |
Automobiles | - | - | - | 9.44% | |
Auto Parts | - | - | - | 1.71% | |
Tires | - | - | - | 0.21% | |
Consumer Products & Services | - | 6.81% | - | - | |
Leisure Goods | - | - | 5.54% | - | |
Consumer Electronics | - | - | - | 3.65% | |
Electronic Entertainment | - | - | - | 1.44% | |
Recreational Products | - | - | - | 0.28% | |
Recreational Vehicles & Boats | - | - | - | 0.18% | |
Household Goods & Home Construction | - | - | 1.23% | - | |
Home Construction | - | - | - | 1.23% | |
Personal Goods | - | - | 0.04% | - | |
Cosmetics | - | - | - | 0.04% | |
Retail | - | 2.24% | - | - | |
Retailers | - | - | 2.24% | - | |
Apparel Retailers | - | - | - | 2.24% | |
Travel & Leisure | - | 1.43% | - | - | |
Travel & Leisure | - | - | 1.43% | - | |
Recreational Services | - | - | - | 1.19% | |
Airlines | - | - | - | 0.24% | |
Media | - | 0.29% | - | - | |
Media | - | - | 0.29% | - | |
Media Agencies | - | - | - | 0.29% | |
Technology | 14.73% | - | - | - | |
Technology | - | 14.73% | - | - | |
Technology Hardware & Equipment | - | - | 11.43% | - | |
Production Technology Equipment | - | - | - | 4.87% | |
Electronic Components | - | - | - | 3.18% | |
Electronic Office Equipment | - | - | - | 1.71% | |
Semiconductors | - | - | - | 1.11% | |
Computer Hardware | - | - | - | 0.57% | |
Software & Computer Services | - | - | 3.30% | - | |
Computer Services | - | - | - | 2.27% | |
Consumer Digital Services | - | - | - | 0.98% | |
Software | - | - | - | 0.05% | |
Financials | 13.00% | - | - | - | |
Banks | - | 7.33% | - | - | |
Banks | - | - | 7.33% | - | |
Banks | - | - | - | 7.33% | |
Insurance | - | 3.55% | - | - | |
Non-life Insurance | - | - | 2.15% | - | |
Property & Casualty Insurance | - | - | - | 2.15% | |
Life Insurance | - | - | 1.40% | - | |
Life Insurance | - | - | - | 1.40% | |
Financial Services | - | 2.12% | - | - | |
Investment Banking & Brokerage Services | - | - | 2.12% | - | |
Investment Services | - | - | - | 1.47% | |
Diversified Financial Services | - | - | - | 0.65% | |
Health Care | 7.72% | - | - | - | |
Health Care | - | 7.72% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 4.98% | - | |
Pharmaceuticals | - | - | - | 4.98% | |
Medical Equipment & Services | - | - | 2.75% | - | |
Medical Equipment | - | - | - | 1.66% | |
Medical Supplies | - | - | - | 1.09% | |
Consumer Staples | 5.28% | - | - | - | |
Personal Care, Drug & Grocery Stores | - | 2.86% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 2.86% | - | |
Food Retailers & Wholesalers | - | - | - | 1.65% | |
Personal Products | - | - | - | 1.21% | |
Food, Beverage & Tobacco | - | 2.43% | - | - | |
Beverages | - | - | 1.42% | - | |
Brewers | - | - | - | 1.16% | |
Soft Drinks | - | - | - | 0.26% | |
Food Producers | - | - | 1.01% | - | |
Food Products | - | - | - | 1.01% | |
Telecommunications | 4.32% | - | - | - | |
Telecommunications | - | 4.32% | - | - | |
Telecommunications Service Providers | - | - | 4.32% | - | |
Telecommunications Services | - | - | - | 4.32% | |
Basic Materials | 4.18% | - | - | - | |
Chemicals | - | 3.91% | - | - | |
Chemicals | - | - | 3.91% | - | |
Chemicals: Diversified | - | - | - | 2.21% | |
Specialty Chemicals | - | - | - | 1.20% | |
Chemicals & Synthetic Fibers | - | - | - | 0.50% | |
Basic Resources | - | 0.27% | - | - | |
Industrial Metals & Mining | - | - | 0.27% | - | |
Nonferrous Metals | - | - | - | 0.19% | |
Iron & Steel | - | - | - | 0.08% | |
Industrial Materials | - | - | 0.00% | - | |
Paper | - | - | - | 0.00% | |
Real Estate | 1.96% | - | - | - | |
Real Estate | - | 1.96% | - | - | |
Real Estate Investment & Services | - | - | 1.36% | - | |
Real Estate Holding and Development | - | - | - | 1.36% | |
Real Estate Investment Trusts | - | - | 0.60% | - | |
Diversified REITs | - | - | - | 0.26% | |
Office REITs | - | - | - | 0.22% | |
Retail REITs | - | - | - | 0.10% | |
Industrial REITs | - | - | - | 0.02% | |
Residential REITs | - | - | - | 0.00% | |
Cash and Equivalents | 1.36% | - | - | - | |
Non-Classified | 1.07% | - | - | - | |
Non-Classified | - | 0.15% | - | - | |
Non-Classified | - | - | 0.15% | - | |
Non-Classified | - | - | - | 0.15% | |
Utilities | 0.91% | - | - | - | |
Utilities | - | 0.91% | - | - | |
Gas, Water & Multi-utilities | - | - | 0.91% | - | |
Gas Distribution | - | - | - | 0.91% | |
Energy | 0.70% | - | - | - | |
Energy | - | 0.70% | - | - | |
Non-Renewable Energy | - | - | 0.70% | - | |
Oil: Crude Producers | - | - | - | 0.39% | |
Oil Refining and Marketing | - | - | - | 0.31% |
Japan | 97.19% | |
Cash and Equivalents | 1.36% | |
Non-Classified | 1.07% | |
Property | 0.38% |
Region | Country | ||
---|---|---|---|
Japan | 97.19% | - | |
Japan | - | 97.19% | |
Cash and Equivalents | 1.36% | - | |
Non-Classified | 1.07% | - | |
Property | 0.38% | - |
Mega |
|
60.28% |
Large |
|
31.62% |
Medium |
|
4.54% |
Non-Classified |
|
2.21% |
Cash |
|
1.36% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | TOYOTA MOTOR CORPORATION | 6.90% | Automobiles & Parts | Japan |
2 | TOKYO ELECTRON LIMITED | 3.51% | Technology Hardware & Equipment | Japan |
3 | SONY CORP | 3.10% | Leisure Goods | Japan |
4 | HITACHI | 2.76% | General Industrials | Japan |
5 | HONDA MOTOR CO. | 2.31% | Automobiles & Parts | Japan |
6 | FAST RETAILING CO. | 2.24% | Retailers | Japan |
7 | MITSUI & CO. | 2.13% | Industrial Support Services | Japan |
8 | MITSUBISHI UFJ FINANCIAL GROUP | 2.10% | Banks | Japan |
9 | MITSUI SUMITOMO INSURANCE CO. | 2.06% | Banks | Japan |
10 | KDDI CORP. | 2.01% | Telecommunications Service Providers | Japan |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | - | 14.73% | - | - | - | - | - | - | 14.73% |
Telecommunications | - | 4.32% | - | - | - | - | - | - | 4.32% |
Financials | - | 13.00% | - | - | - | - | - | - | 13.00% |
Real Estate | - | 1.58% | - | - | - | 0.38% | - | - | 1.96% |
Consumer Discretionary | - | 22.13% | - | - | - | - | - | - | 22.13% |
Consumer Staples | - | 5.28% | - | - | - | - | - | - | 5.28% |
Energy | - | 0.70% | - | - | - | - | - | - | 0.70% |
Utilities | - | 0.91% | - | - | - | - | - | - | 0.91% |
Health Care | - | 7.72% | - | - | - | - | - | - | 7.72% |
Industrials | - | 22.66% | - | - | - | - | - | - | 22.66% |
Basic Materials | - | 4.18% | - | - | - | - | - | - | 4.18% |
Cash and Equivalents | - | - | - | - | - | - | - | 1.36% | 1.36% |
Non-Classified | - | - | - | - | - | - | 1.07% | - | 1.07% |
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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 | 3424801 |
Mex Code | PUPUSH |
Isin Code | GB0034248012 |
Citi Code | P541 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims | Objective: The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Index Fund – the underlying fund. Underlying fund objective: The fund gains its exposure via the M&G (ACS) BlackRock Japan Equity fund. The underlying fund aims to be fully invested in the equity securities and equity related securities of companies that are constituents of the MSCI Japan Index. Within the index-relative limits, the Investment Manager uses a structured and systematic, bottom up stock selection process to build a portfolio with similar risk-return characteristics as the index in order to meet the fund's investment objectives. In addition to the fund's objective, the Investment Manager aims to maximise the fund's ESG characteristics by overweighting its investments in securities which score well against the Investment Manager's ESG research framework and underweighting the securities which score less well. Performance Objective: The fund aims to provide a total return (i.e. capital growth plus income), gross of the Ongoing Charges Figure, over any three year period. |
Benchmark | FTSE Japan Index |
ABI Sector | Japan Equities |
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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 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 | 1.10 |
Beta | 0.99 |
Sharpe | 0.27 |
Standard Deviation | 10.76 |
Info Ratio | 0.39 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | Yes |
Emerging Markets | No |
Concentrated Portfolio | Yes |
Smaller Companies | No |
High Yield Bonds | No |
Sector Specific | Yes |
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 Liabilities | No |
New Fund | No |
Solvency of Depository | Yes |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
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).
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
The fund invests in specific sectors. Funds which invest in specific sectors may carry more risk than those spread across a number of different sectors. They may assume higher risk, as markets/sectors can be more volatile. In particular, gold, technology funds and other focused funds can suffer as the underlying stocks can be more volatile and less liquid.
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.
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.
The value of a cash or currency fund may be affected if any of the institutions with which cash is deposited becomes insolvent or experiences other financial difficulties.
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.
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.
We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.
This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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 fund charges and further costs, but take no account of 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 gross 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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
Prudential is a trading name of Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.