PIA Fidelity Managed International Ser B
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 | 19.28% | -2.17% | 7.84% | 39.08% | -20.58% |
| Sector | - | - | - | - | - |
| Rank | - | - | - | - | - |
| Quartile | - | - | - | - | - |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | 7.96% | 6.81% | - |
| Sector | - | - | - |
| Rank | - | - | - |
| Quartile | - | - | - |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| Johnson & Johnson | 2.38 |
| Exxon Mobil Corp. | 2.12 |
| Google Class A | 2.02 |
| HSBC Holdings PLC (UK Reg) | 1.95 |
| Anadarko Petroleum Corp. | 1.70 |
| Citigroup | 1.50 |
| Sanofi | 1.40 |
| Viacom (New) Class B | 1.33 |
| Kasikornbank PCL Fgn | 1.26 |
| Orix Corp. | 1.25 |
| Total | 16.91 |
Fund Aims
The fund aims to achieve long-term capital growth. The fund invests in a diversified portfolio primarily made up of the shares of companies from around the world. In terms of geographical split, the portfolio is invested broadly in relation to the relative sizes and attractiveness of world equity markets. Within the portfolio there is a bias towards the larger quoted companies in each market, but the portfolio manager is not restricted in this regard, or in terms of the industrial or geographical split of the portfolio.
Fund Manager
Amit Lodha joined Fidelity as a research analyst in our Mumbai office in 2003. He spent his first three years with the company covering Indian equities (responsible for techNology, media, telecoms, financials and retail sectors) before becoming the Asia (ex Japan) financials sector leader in 2006. In 2007, Amit joined the analyst team in London to become global commodities analyst and pick up coverage of basic materials stocks. In April 2008, he was appointed Portfolio Manager of the FF Global Industrials Fund (a fund that invests across the natural resources and industrials sectors). He has also managed a broader mandate – the FF Global Real Asset Securities Fund - since its launch in September 2009. Prior to joining Fidelity in 2003, Amit spent three years as an equity analyst at Citigroup in Mumbai, covering the Indian telecoms, techNology and media sectors. He started his career in the industry at KPMG Mumbai in 1997 where he left haven risen to a senior Accountant in 2000. Amit completed his BA and MA in Commerce & EcoNomics at Mumbai University. He is a qualified accountant from the Institute of Chartered Accountants, India and a CFA, from the CFA Institute (US). Amit Lodha was named in FE Trustnet’s list of Alpha Managers in 2012. The 160 managers on the list, selected from 1100 eligible managers, are rated on their risk-adjusted alpha, distinguishing those who are best able to navigate all phases of the market cycle.
Fund Overview
| Bid (17/05/2013) | 1.85 |
| Offer (17/05/2013) | 1.95 |
| Fund size | £0.78m |
| Underlying Fund size | £379.71m |
| Number of holdings | 118 |
| Annual management charge | 1.90% |
| Launch date | 28/10/2005 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Technology | 10.84 |
| Health Care | 10.34 |
| Banks | 10.29 |
| Oil & Gas | 10.10 |
| Industrial Goods & Services | 9.51 |
| Personal & Household Goods | 5.62 |
| Financial Services | 5.41 |
| Retail | 5.08 |
| Food & Beverage | 4.70 |
| Other | 28.10 |
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 gross income reinvested in the fund’s currency of denomination. The value of your investment may go down as well as up and your 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 International is in Ireland at Montague House, Adelaide Road, Dublin 2. Prudential International Assurance plc is authorised by the Central Bank of Ireland and is subject to limited regulation by the Financial Services Authority for UK business. The registered office of Prudential International is in Ireland at Montague House, Adelaide Road, Dublin 2. Prudential International Assurance plc is authorised by the Central Bank of Ireland and is subject to limited regulation by the Financial Services Authority for UK business.
Asset Allocation
| International Equities | 83.29% | |
| UK Equities | 9.25% | |
| Cash and Equivalents | 4.50% | |
| Property | 2.63% | |
| Other | 0.33% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 6.59% | - | - | - | |
| Basic Resources | - | 3.71% | - | - | |
| Mining | - | - | 2.63% | - | |
| Gold Mining | - | - | - | 1.53% | |
| General Mining | - | - | - | 0.67% | |
| Coal | - | - | - | 0.43% | |
| Industrial Metals & Mining | - | - | 1.09% | - | |
| Nonferrous Metals | - | - | - | 0.55% | |
| Iron & Steel | - | - | - | 0.53% | |
| Chemicals | - | 2.88% | - | - | |
| Chemicals | - | - | 2.88% | - | |
| Specialty Chemicals | - | - | - | 2.11% | |
| Commodity Chemicals | - | - | - | 0.77% | |
| Consumer Goods | 12.54% | - | - | - | |
| Personal & Household Goods | - | 5.62% | - | - | |
| Tobacco | - | - | 2.00% | - | |
| Tobacco | - | - | - | 2.00% | |
| Personal Goods | - | - | 1.52% | - | |
| Clothing & Accessories | - | - | - | 0.99% | |
| Personal Products | - | - | - | 0.53% | |
| Household Goods & Home Construction | - | - | 1.49% | - | |
| Nondurable Household Products | - | - | - | 0.85% | |
| Durable Household Products | - | - | - | 0.64% | |
| Leisure Goods | - | - | 0.61% | - | |
| Toys | - | - | - | 0.61% | |
| Food & Beverage | - | 4.70% | - | - | |
| Beverages | - | - | 3.31% | - | |
| Brewers | - | - | - | 1.72% | |
| Distillers & Vintners | - | - | - | 1.01% | |
| Soft Drinks | - | - | - | 0.58% | |
| Food Producers | - | - | 1.40% | - | |
| Food Products | - | - | - | 1.40% | |
| Automobiles & Parts | - | 2.22% | - | - | |
| Automobiles & Parts | - | - | 2.22% | - | |
| Automobiles | - | - | - | 1.92% | |
| Auto Parts | - | - | - | 0.30% | |
| Consumer Services | 8.83% | - | - | - | |
| Retail | - | 5.08% | - | - | |
| General Retailers | - | - | 3.64% | - | |
| Broadline Retailers | - | - | - | 2.02% | |
| Specialized Consumer Services | - | - | - | 1.63% | |
| Food & Drug Retailers | - | - | 1.44% | - | |
| Drug Retailers | - | - | - | 0.73% | |
| Food Retailers & Wholesalers | - | - | - | 0.71% | |
| Media | - | 3.75% | - | - | |
| Media | - | - | 3.75% | - | |
| Broadcasting & Entertainment | - | - | - | 2.78% | |
| Publishing | - | - | - | 0.85% | |
| Media Agencies | - | - | - | 0.12% | |
| Financials | 22.13% | - | - | - | |
| Banks | - | 10.29% | - | - | |
| Banks | - | - | 10.29% | - | |
| Banks | - | - | - | 10.29% | |
| Financial Services | - | 5.41% | - | - | |
| Financial Services | - | - | 5.41% | - | |
| Consumer Finance | - | - | - | 1.85% | |
| Investment Services | - | - | - | 1.48% | |
| Specialty Finance | - | - | - | 1.25% | |
| Mortgage Finance | - | - | - | 0.84% | |
| Real Estate | - | 3.36% | - | - | |
| Real Estate Investment Trusts | - | - | 2.63% | - | |
| Specialty REITs | - | - | - | 1.87% | |
| Diversified REITs | - | - | - | 0.76% | |
| Real Estate Investment & Services | - | - | 0.73% | - | |
| Real Estate Holding & Development | - | - | - | 0.73% | |
| Insurance | - | 3.08% | - | - | |
| Life Insurance | - | - | 2.31% | - | |
| Life Insurance | - | - | - | 2.31% | |
| Nonlife Insurance | - | - | 0.77% | - | |
| Property & Casualty Insurance | - | - | - | 0.77% | |
| Health Care | 10.34% | - | - | - | |
| Health Care | - | 10.34% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 7.14% | - | |
| Pharmaceuticals | - | - | - | 6.06% | |
| Biotechnology | - | - | - | 1.08% | |
| Health Care Equipment & Services | - | - | 3.21% | - | |
| Medical Equipment | - | - | - | 2.48% | |
| Health Care Providers | - | - | - | 0.72% | |
| Industrials | 10.49% | - | - | - | |
| Industrial Goods & Services | - | 9.51% | - | - | |
| Support Services | - | - | 2.17% | - | |
| Business Support Services | - | - | - | 1.44% | |
| Industrial Suppliers | - | - | - | 0.73% | |
| Industrial Engineering | - | - | 2.08% | - | |
| Commercial Vehicles & Trucks | - | - | - | 1.42% | |
| Industrial Machinery | - | - | - | 0.66% | |
| Industrial Transportation | - | - | 2.03% | - | |
| Railroads | - | - | - | 1.02% | |
| Delivery Services | - | - | - | 1.01% | |
| General Industrials | - | - | 1.94% | - | |
| Diversified Industrials | - | - | - | 1.94% | |
| Electronic & Electrical Equipment | - | - | 1.30% | - | |
| Electrical Components & Equipment | - | - | - | 0.72% | |
| Electronic Equipment | - | - | - | 0.57% | |
| Construction & Materials | - | 0.98% | - | - | |
| Construction & Materials | - | - | 0.98% | - | |
| Building Materials & Fixtures | - | - | - | 0.98% | |
| Oil & Gas | 10.10% | - | - | - | |
| Oil & Gas | - | 10.10% | - | - | |
| Oil & Gas Producers | - | - | 8.51% | - | |
| Integrated Oil & Gas | - | - | - | 4.73% | |
| Oil & Gas Exploration & Production | - | - | - | 3.78% | |
| Oil Equipment, Services & Distribution | - | - | 1.59% | - | |
| Oil Equipment & Services | - | - | - | 1.59% | |
| Technology | 10.84% | - | - | - | |
| Technology | - | 10.84% | - | - | |
| Software & Computer Services | - | - | 6.20% | - | |
| Internet | - | - | - | 3.56% | |
| Software | - | - | - | 2.64% | |
| Technology Hardware & Equipment | - | - | 4.64% | - | |
| Telecommunications Equipment | - | - | - | 3.29% | |
| Semiconductors | - | - | - | 1.35% | |
| Telecommunications | 2.43% | - | - | - | |
| Telecommunications | - | 2.43% | - | - | |
| Mobile Telecommunications | - | - | 2.43% | - | |
| Mobile Telecommunications | - | - | - | 2.43% | |
| Utilities | 0.87% | - | - | - | |
| Utilities | - | 0.87% | - | - | |
| Electricity | - | - | 0.87% | - | |
| Conventional Electricity | - | - | - | 0.87% | |
| Non-Classified | 0.33% | - | - | - | |
| Cash and Equivalents | 4.50% | - | - | - | |
Regional Allocation
| North America | 43.33% | |
| Developed Europe - Excl UK | 13.33% | |
| Emerging Asia | 10.25% | |
| Japan | 9.29% | |
| UK | 9.25% | |
| Cash and Equivalents | 4.50% | |
| Other | 10.04% |
| Non-debt | 99.05% | |
| Euro | 0.95% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 43.33% | - | |
United States
|
- | 38.77% | |
Canada
|
- | 4.56% | |
| Developed Europe - Excl UK | 13.33% | - | |
France
|
- | 3.11% | |
Sweden
|
- | 2.48% | |
Netherlands
|
- | 2.30% | |
Germany
|
- | 1.80% | |
Switzerland
|
- | 1.29% | |
Luxembourg
|
- | 1.17% | |
Denmark
|
- | 0.79% | |
Spain
|
- | 0.28% | |
Norway
|
- | 0.12% | |
| Emerging Asia | 10.25% | - | |
India
|
- | 3.37% | |
Indonesia
|
- | 2.01% | |
China
|
- | 1.88% | |
Thailand
|
- | 1.26% | |
South Korea
|
- | 1.16% | |
Taiwan
|
- | 0.57% | |
| Japan | 9.29% | - | |
Japan
|
- | 9.29% | |
| UK | 9.25% | - | |
United Kingdom
|
- | 9.25% | |
| Cash and Equivalents | 4.50% | - | |
| Property | 2.63% | - | |
| Middle East & Africa | 2.44% | - | |
South Africa
|
- | 0.93% | |
Israel
|
- | 0.66% | |
Kenya
|
- | 0.53% | |
Nigeria
|
- | 0.33% | |
| South & Central America | 2.12% | - | |
Brazil
|
- | 2.12% | |
| Developed Asia | 1.88% | - | |
Hong Kong
|
- | 1.88% | |
| Australia & New Zealand | 0.64% | - | |
Australia
|
- | 0.64% | |
| Non-Classified | 0.33% | - | |
Breakdown By Market Cap (%)
| Mega |
|
38.97% |
| Large |
|
35.00% |
| Medium |
|
15.29% |
| Small |
|
0.68% |
| Micro |
|
0.00% |
| Non-Classified |
|
5.56% |
| Bonds |
|
0.00% |
| Cash |
|
4.50% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 2.38% | Health Care | United States |
| 2 | Exxon Mobil Corp. | 2.12% | Oil & Gas | United States |
| 3 | Google Class A | 2.02% | Technology | United States |
| 4 | HSBC Holdings PLC (UK Reg) | 1.95% | Banks | United Kingdom |
| 5 | Anadarko Petroleum Corp. | 1.70% | Oil & Gas | United States |
| 6 | Citigroup | 1.50% | Banks | United States |
| 7 | Sanofi | 1.40% | Health Care | France |
| 8 | Viacom (New) Class B | 1.33% | Media | United States |
| 9 | Kasikornbank PCL Fgn | 1.26% | Banks | Thailand |
| 10 | Orix Corp. | 1.25% | Financial Services | Japan |
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 | 1.39% | 5.20% | - | - | - | - | - | - | - | 6.59% |
| Consumer Goods | 2.85% | 9.69% | - | - | - | - | - | - | - | 12.54% |
| Consumer Services | 0.52% | 8.31% | - | - | - | - | - | - | - | 8.83% |
| Financials | 2.84% | 16.66% | - | - | - | - | 2.63% | - | - | 22.13% |
| Health Care | - | 10.34% | - | - | - | - | - | - | - | 10.34% |
| Industrials | 0.77% | 9.71% | - | - | - | - | - | - | - | 10.49% |
| Oil & Gas | - | 10.10% | - | - | - | - | - | - | - | 10.10% |
| Technology | - | 10.84% | - | - | - | - | - | - | - | 10.84% |
| Telecommunications | - | 2.43% | - | - | - | - | - | - | - | 2.43% |
| Utilities | 0.87% | - | - | - | - | - | - | - | - | 0.87% |
| Property | - | - | - | - | - | - | - | - | - | - |
| Cash and Equivalents | - | - | - | - | - | - | - | - | 4.50% | 4.50% |
| Managed Funds | - | - | - | - | - | - | - | - | - | - |
| Bonds | - | - | - | - | - | - | - | - | - | - |
| Non-Classified | - | - | - | - | - | - | - | 0.33% | - | 0.33% |
| 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 | B0MSS63 |
| Mex Code | SBFMIB |
| Isin Code | IE00B0MSS635 |
| Citi Code | TJ76 |
Charges
| Annual management charge | 1.90% |
Aims and Benchmark
| Benchmark | MSCI World Index (NUK) |
| Aims | The fund aims to achieve long-term capital growth. The fund invests in a diversified portfolio primarily made up of the shares of companies from around the world. In terms of geographical split, the portfolio is invested broadly in relation to the relative sizes and attractiveness of world equity markets. Within the portfolio there is a bias towards the larger quoted companies in each market, but the portfolio manager is not restricted in this regard, or in terms of the industrial or geographical split of the portfolio. |
Fund Background
| Launch date | 28/10/2005 |
Ratings
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | - |
| Beta | - |
| Sharpe | 0.33 |
| Standard Deviation | 13.68 |
| Info Ratio | - |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Porfolio | Yes |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilites | Yes |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Concentrated Porfolio - Thee 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.
Value of Investments - The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term - Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Umbrella Liabilites - If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
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.
