Pru Life AXA Framlington Equity Income S5
Performance
Discrete Performance - to last month end
| 31/05/12 to 31/05/13 | 31/05/11 to 31/05/12 | 31/05/10 to 31/05/11 | 31/05/09 to 31/05/10 | 31/05/08 to 31/05/09 | |
|---|---|---|---|---|---|
| Fund | 21.26% | -6.39% | 19.77% | 9.79% | - |
| Sector | 27.26% | -4.44% | 17.88% | 17.21% | -21.39% |
| Rank | 216/240 | 154/238 | 93/234 | 220/224 | - |
| Quartile | 4 | 3 | 2 | 4 | - |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | 10.78% | - | - |
| Sector | 12.76% | 5.72% | 8.01% |
| Rank | 180/234 | - | - |
| Quartile | 4 | - | - |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| HSBC Holdings PLC (UK Reg) | 6.06 |
| Royal Dutch Shell B | 5.55 |
| GlaxoSmithKline | 5.07 |
| Vodafone Group | 4.27 |
| BP | 3.95 |
| Cineworld Group | 3.59 |
| British American Tobacco | 3.28 |
| Latchways | 2.76 |
| Devro | 2.49 |
| Tarsus Group | 2.44 |
| Total | 39.45 |
Fund Aims
The investment strategy of the fund is to purchase units in the AXA Framlington Equity Income Fund. That fund aims to produce a higher than average yield combined with long term growth of income and capital. Investment is made principally in UK equities and convertible shares of companies which, in the manager's opinion, show above average profitability, management quality and growth.
Fund Manager
George graduated from Cambridge with a degree in Engineering and Land Economy in 1980. Following his graduation, he joined Carrington Pembroke (subsequently ABN AMRO and now Artemis Unit Trust Managers) where he was Head of UK Equities. George moved to AXA Framlington in September 2002. He is fund manager for the Equity Income, Managed Income and Monthly Income Funds.
Fund Overview
| Bid (17/06/2013) | 138.30 |
| Offer | n/a |
| Fund size | £0.08m |
| Underlying Fund size | £143.78m |
| Number of holdings | 72 |
| Annual management charge | 2.15% |
| Launch date | 20/10/2008 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Industrial Goods & Services | 11.56 |
| Oil & Gas | 10.74 |
| Banks | 7.40 |
| Telecommunications | 7.24 |
| Financial Services | 7.10 |
| Health Care | 6.44 |
| Insurance | 5.92 |
| Travel & Leisure | 5.43 |
| Personal & Household Goods | 5.21 |
| Other | 32.95 |
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
| UK Equities | 89.56% | |
| Investment Trusts | 4.43% | |
| Cash and Equivalents | 2.05% | |
| International Equities | 2.04% | |
| Property | 1.69% | |
| Other | 0.24% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 4.95% | - | - | - | |
| Basic Resources | - | 4.12% | - | - | |
| Mining | - | - | 4.12% | - | |
| General Mining | - | - | - | 4.02% | |
| Diamonds & Gemstones | - | - | - | 0.10% | |
| Coal | - | - | - | 0.00% | |
| Chemicals | - | 0.83% | - | - | |
| Chemicals | - | - | 0.83% | - | |
| Specialty Chemicals | - | - | - | 0.83% | |
| Consumer Goods | 7.70% | - | - | - | |
| Personal & Household Goods | - | 5.21% | - | - | |
| Tobacco | - | - | 5.21% | - | |
| Tobacco | - | - | - | 5.21% | |
| Food & Beverage | - | 2.49% | - | - | |
| Food Producers | - | - | 2.49% | - | |
| Food Products | - | - | - | 2.49% | |
| Consumer Services | 12.37% | - | - | - | |
| Travel & Leisure | - | 5.43% | - | - | |
| Travel & Leisure | - | - | 5.43% | - | |
| Recreational Services | - | - | - | 3.59% | |
| Gambling | - | - | - | 1.10% | |
| Airlines | - | - | - | 0.74% | |
| Retail | - | 3.95% | - | - | |
| General Retailers | - | - | 3.95% | - | |
| Specialty Retailers | - | - | - | 2.09% | |
| Home Improvement Retailers | - | - | - | 1.86% | |
| Media | - | 2.99% | - | - | |
| Media | - | - | 2.99% | - | |
| Media Agencies | - | - | - | 2.99% | |
| Financials | 24.90% | - | - | - | |
| Banks | - | 7.40% | - | - | |
| Banks | - | - | 7.40% | - | |
| Banks | - | - | - | 7.40% | |
| Financial Services | - | 7.10% | - | - | |
| Financial Services | - | - | 2.67% | - | |
| Specialty Finance | - | - | - | 2.57% | |
| Investment Services | - | - | - | 0.10% | |
| Insurance | - | 5.92% | - | - | |
| Life Insurance | - | - | 3.24% | - | |
| Life Insurance | - | - | - | 3.24% | |
| Nonlife Insurance | - | - | 2.68% | - | |
| Insurance Brokers | - | - | - | 1.34% | |
| Reinsurance | - | - | - | 0.68% | |
| Property & Casualty Insurance | - | - | - | 0.66% | |
| Real Estate | - | 4.47% | - | - | |
| Real Estate Investment & Services | - | - | 2.79% | - | |
| Real Estate Holding & Development | - | - | - | 2.79% | |
| Real Estate Investment Trusts | - | - | 1.69% | - | |
| Retail REITs | - | - | - | 1.69% | |
| Health Care | 6.44% | - | - | - | |
| Health Care | - | 6.44% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.03% | - | |
| Pharmaceuticals | - | - | - | 6.00% | |
| Biotechnology | - | - | - | 0.03% | |
| Health Care Equipment & Services | - | - | 0.41% | - | |
| Health Care Providers | - | - | - | 0.41% | |
| Industrials | 14.73% | - | - | - | |
| Industrial Goods & Services | - | 11.56% | - | - | |
| Support Services | - | - | 8.76% | - | |
| Industrial Suppliers | - | - | - | 3.58% | |
| Business Training & Employment Agencies | - | - | - | 2.61% | |
| Business Support Services | - | - | - | 1.73% | |
| Waste & Disposal Services | - | - | - | 0.84% | |
| Electronic & Electrical Equipment | - | - | 1.88% | - | |
| Electronic Equipment | - | - | - | 1.88% | |
| Industrial Engineering | - | - | 0.93% | - | |
| Industrial Machinery | - | - | - | 0.93% | |
| Construction & Materials | - | 3.17% | - | - | |
| Construction & Materials | - | - | 3.17% | - | |
| Building Materials & Fixtures | - | - | - | 3.17% | |
| Oil & Gas | 10.74% | - | - | - | |
| Oil & Gas | - | 10.74% | - | - | |
| Oil & Gas Producers | - | - | 10.13% | - | |
| Integrated Oil & Gas | - | - | - | 9.50% | |
| Oil & Gas Exploration & Production | - | - | - | 0.63% | |
| Alternative Energy | - | - | 0.61% | - | |
| Alternative Fuels | - | - | - | 0.61% | |
| Technology | 3.44% | - | - | - | |
| Technology | - | 3.44% | - | - | |
| Software & Computer Services | - | - | 1.87% | - | |
| Software | - | - | - | 1.87% | |
| Technology Hardware & Equipment | - | - | 1.57% | - | |
| Semiconductors | - | - | - | 1.57% | |
| Telecommunications | 7.24% | - | - | - | |
| Telecommunications | - | 7.24% | - | - | |
| Mobile Telecommunications | - | - | 4.27% | - | |
| Mobile Telecommunications | - | - | - | 4.27% | |
| Fixed Line Telecommunications | - | - | 2.97% | - | |
| Fixed Line Telecommunications | - | - | - | 2.97% | |
| Utilities | 3.70% | - | - | - | |
| Utilities | - | 3.70% | - | - | |
| Gas, Water & Multiutilities | - | - | 2.62% | - | |
| Multiutilities | - | - | - | 1.50% | |
| Gas Distribution | - | - | - | 1.12% | |
| Electricity | - | - | 1.08% | - | |
| Conventional Electricity | - | - | - | 1.08% | |
| Non-Classified | 1.73% | - | - | - | |
| Cash and Equivalents | 2.05% | - | - | - | |
Regional Allocation
| UK | 89.56% | |
| Non-Classified | 4.67% | |
| Cash and Equivalents | 2.05% | |
| Developed Europe - Excl UK | 2.03% | |
| Property | 1.69% | |
| North America | 0.00% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 89.56% | - | |
United Kingdom
|
- | 89.56% | |
| Non-Classified | 4.67% | - | |
| Cash and Equivalents | 2.05% | - | |
| Developed Europe - Excl UK | 2.03% | - | |
Netherlands
|
- | 1.12% | |
Ireland
|
- | 0.91% | |
| Property | 1.69% | - | |
| North America | 0.00% | - | |
United States
|
- | 0.00% | |
Canada
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
35.23% |
| Large |
|
5.14% |
| Medium |
|
4.30% |
| Small |
|
17.38% |
| Micro |
|
29.74% |
| Non-Classified |
|
6.16% |
| Bonds |
|
0.00% |
| Cash |
|
2.05% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | HSBC Holdings PLC (UK Reg) | 6.06% | Banks | United Kingdom |
| 2 | Royal Dutch Shell B | 5.55% | Oil & Gas | United Kingdom |
| 3 | GlaxoSmithKline | 5.07% | Health Care | United Kingdom |
| 4 | Vodafone Group | 4.27% | Telecommunications | United Kingdom |
| 5 | BP | 3.95% | Oil & Gas | United Kingdom |
| 6 | Cineworld Group | 3.59% | Travel & Leisure | United Kingdom |
| 7 | British American Tobacco | 3.28% | Personal & Household Goods | United Kingdom |
| 8 | Latchways | 2.76% | Industrial Goods & Services | United Kingdom |
| 9 | Devro | 2.49% | Food & Beverage | United Kingdom |
| 10 | Tarsus Group | 2.44% | Media | United Kingdom |
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 | 4.95% | - | - | - | - | - | - | - | - | 4.95% |
| Consumer Goods | 7.70% | - | - | - | - | - | - | - | - | 7.70% |
| Consumer Services | 12.37% | - | - | - | - | - | - | - | - | 12.37% |
| Financials | 17.66% | 1.12% | - | - | - | - | 1.69% | 4.43% | - | 24.90% |
| Health Care | 6.44% | - | - | - | - | - | - | - | - | 6.44% |
| Industrials | 14.73% | - | - | - | - | - | - | - | - | 14.73% |
| Oil & Gas | 10.74% | 0.00% | - | - | - | - | - | - | - | 10.74% |
| Technology | 3.44% | - | - | - | - | - | - | - | - | 3.44% |
| Telecommunications | 7.24% | - | - | - | - | - | - | - | - | 7.24% |
| Utilities | 3.70% | - | - | - | - | - | - | - | - | 3.70% |
| Property | - | - | - | - | - | - | - | - | - | - |
| Cash and Equivalents | - | - | - | - | - | - | - | - | 2.05% | 2.05% |
| Managed Funds | - | - | - | - | - | - | - | - | - | - |
| Bonds | - | - | - | - | - | - | - | - | - | - |
| Non-Classified | 0.58% | 0.91% | - | - | - | - | - | 0.24% | - | 1.73% |
| 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 | B3BW0Y9 |
| Mex Code | PUAXFR |
| Isin Code | GB00B3BW0Y91 |
| Citi Code | D9W3 |
Charges
| Annual management charge | 2.15% |
Aims and Benchmark
| Benchmark | FTSE All Share (TR) |
| ABI Sector | UK Equity Income |
| Aims | The investment strategy of the fund is to purchase units in the AXA Framlington Equity Income Fund. That fund aims to produce a higher than average yield combined with long term growth of income and capital. Investment is made principally in UK equities and convertible shares of companies which, in the manager's opinion, show above average profitability, management quality and growth. |
Fund Background
| Launch date | 20/10/2008 |
Ratings
| OBSR |  |
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 0.01 |
| Beta | 0.85 |
| Sharpe | 0.74 |
| Standard Deviation | 9.87 |
| Info Ratio | -0.38 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Porfolio | No |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | Yes |
| 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
Charges to Capital - Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
Smaller Companies - The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
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.
Income Eroding Capital Growth - The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.
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.
