Pru Life Aviva Property Trust S4
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 | -0.55% | - | - | - | - |
| Sector | 0.68% | 1.46% | 4.04% | 14.15% | -23.55% |
| Rank | 79/110 | - | - | - | - |
| Quartile | 3 | - | - | - | - |
Annualised Performance
| 3Y | 5Y | 10Y | |
|---|---|---|---|
| Fund | - | - | - |
| Sector | 2.05% | -1.50% | 2.34% |
| Rank | - | - | - |
| Quartile | - | - | - |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| St Georges Shopping Centre, Preston (shopping centre) | 10.00 |
| Omni Leisure Centre, Edinburgh (other) | 9.00 |
| 20 Soho Square, London W1 (office) | 8.00 |
| Tesco, Kettering (retail) | 7.00 |
| Lombardy Retail Park, Hayes (retail warehouse) | 6.00 |
| Guildhall Shopping Centre, Exeter (shopping centre) | 5.00 |
| Colmore Gate, 2 Colmore Row, Birmingham (office) | 4.00 |
| Broadway Plaza, Birmingham (leisure) | 3.00 |
| 161-167 Oxford Street, London W1 (office) | 2.00 |
| The Precinct Shopping Centre, Coventry (shopping centre) | 1.00 |
| Top ten holdings are 38.5% of the total assets | 0.00 |
| Total | 55.00 |
Fund Aims
The investment strategy of the fund is to purchase units in the Aviva Property Trust. The investment objective of that Trust is to obtain optimal returns compatible with security with income and capital appreciation primarily investment in certain kinds of real property, property related securities, government and other public securities and units in collective investment schemes.
Fund Manager
Joined Investment Industry in 1996. Philip is Head of UK Retail Property funds and is Fund Manager for the Norwich Property Trust and Norwich Property Investment Fund. Philip joined the firm in February 1999 and has undertaken several roles including: responsibility for purchases and sales of industrial investments for the Norwich Union Life Fund; Fund Manager of the CGNU Shareholders Fund; Fund Manager of two segregated portfolios for corporate and local authority clients, and most recently Fund Manager of three key UK Specialist Funds with assets totalling over £5 billion - The Mall Fund, The Junction Fund and The Apia Regional Office Fund. He was appointed Fund Manager for The Mall Fund in May 2002, and given overall responsibility for The Junction Fund and The Apia Regional Office Fund in July 2005, before being appointed Head of UK Retail Property Funds in September 2007. Previously, Philip worked for Jones Lang LaSalle in their National Investment Team. Philip holds a BSc in Estate Management, a Diploma in Property Investment from the Investment Property Forum, is a Member of the Royal Institution of Chartered Surveyors, a member of The Investment Property Forum Academic Faculty Board, and contributes widely to academic and property industry organisations.
Fund Overview
| Bid (24/05/2013) | 91.40 |
| Offer (24/05/2013) | 96.20 |
| Fund size | £0.26m |
| Underlying Fund size | £1430.80m |
| Number of holdings | 66 |
| Annual management charge | 1.70% |
| Launch date | 13/06/2011 |
Equity Sector Allocation
| FTSE/ICB Supersector | % Weight |
|---|---|
| Property | 76.39 |
| Cash and Equivalents | 21.86 |
| Real Estate | 1.72 |
| Non-Classified | 0.04 |
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
| Property | 88.30% | |
| Cash and Equivalents | 7.50% | |
| UK Equities | 4.20% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 1.72% | - | - | - | |
| Real Estate | - | 1.72% | - | - | |
| Real Estate Investment Trusts | - | - | 1.15% | - | |
| Retail REITs | - | - | - | 0.58% | |
| Industrial & Office REITs | - | - | - | 0.57% | |
| Real Estate Investment & Services | - | - | 0.57% | - | |
| Real Estate Holding & Development | - | - | - | 0.57% | |
| Property | 76.39% | - | - | - | |
| Property | - | 76.39% | - | - | |
| Property | - | - | 76.39% | - | |
| Property | - | - | - | 76.39% | |
| Non-Classified | 0.04% | - | - | - | |
| Cash and Equivalents | 21.86% | - | - | - | |
Regional Allocation
| UK | 88.30% | |
| Cash and Equivalents | 11.70% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 88.30% | - | |
United Kingdom
|
- | 0.60% | |
| Cash and Equivalents | 11.70% | - | |
Property Region and Sector
| North & Scotland | 30.70% | |
| Midlands & Wales | 18.40% | |
| London | 15.50% | |
| South East | 14.40% | |
| East & South West | 9.40% | |
| Cash and Equivalents | 7.50% | |
| Property Shares | 4.20% |
| Direct Property | 88.30% | |
| Cash and Equivalents | 7.50% | |
| Property Shares | 4.20% |
Breakdown By Market Cap (%)
| Mega |
|
0.00% |
| Large |
|
0.00% |
| Medium |
|
0.84% |
| Small |
|
0.30% |
| Micro |
|
0.61% |
| Non-Classified |
|
76.39% |
| Bonds |
|
0.00% |
| Cash |
|
21.86% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | St Georges Shopping Centre, Preston (shopping centre) | 10.00% | - | - |
| 2 | Omni Leisure Centre, Edinburgh (other) | 9.00% | - | - |
| 3 | 20 Soho Square, London W1 (office) | 8.00% | - | - |
| 4 | Tesco, Kettering (retail) | 7.00% | - | - |
| 5 | Lombardy Retail Park, Hayes (retail warehouse) | 6.00% | - | - |
| 6 | Guildhall Shopping Centre, Exeter (shopping centre) | 5.00% | - | - |
| 7 | Colmore Gate, 2 Colmore Row, Birmingham (office) | 4.00% | - | - |
| 8 | Broadway Plaza, Birmingham (leisure) | 3.00% | - | - |
| 9 | 161-167 Oxford Street, London W1 (office) | 2.00% | - | - |
| 10 | The Precinct Shopping Centre, Coventry (shopping centre) | 1.00% | - | - |
| 11 | Top ten holdings are 38.5% of the total assets | 0.00% | - | - |
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 | - | - | - | - | - | - | - | - | - | - |
| Consumer Goods | - | - | - | - | - | - | - | - | - | - |
| Consumer Services | - | - | - | - | - | - | - | - | - | - |
| Financials | 0.57% | - | - | - | - | - | 1.15% | - | - | 1.72% |
| Health Care | - | - | - | - | - | - | - | - | - | - |
| Industrials | - | - | - | - | - | - | - | - | - | - |
| Oil & Gas | - | - | - | - | - | - | - | - | - | - |
| Technology | - | - | - | - | - | - | - | - | - | - |
| Telecommunications | - | - | - | - | - | - | - | - | - | - |
| Utilities | - | - | - | - | - | - | - | - | - | - |
| Property | - | - | - | - | - | - | 76.39% | - | - | 76.39% |
| Cash and Equivalents | - | - | - | - | - | - | - | - | 21.10% | 21.10% |
| Managed Funds | - | - | - | - | - | - | - | - | - | - |
| Bonds | - | - | - | - | - | - | - | - | - | - |
| Non-Classified | 0.03% | - | - | - | - | - | - | 0.00% | 0.76% | 0.79% |
| 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 | B4YV385 |
| Mex Code | SBPERT |
| Isin Code | GB00B4YV3854 |
| Citi Code | ACRC |
Charges
| Annual management charge | 1.70% |
Aims and Benchmark
| Benchmark | No benchmark applicable |
| ABI Sector | UK Direct Property |
| Aims | The investment strategy of the fund is to purchase units in the Aviva Property Trust. The investment objective of that Trust is to obtain optimal returns compatible with security with income and capital appreciation primarily investment in certain kinds of real property, property related securities, government and other public securities and units in collective investment schemes. |
Fund Background
| Launch date | 13/06/2011 |
Ratings
| OBSR |  |
| FE Crown |  |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | - |
| Beta | - |
| Sharpe | - |
| Standard Deviation | - |
| Info Ratio | - |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Porfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | Yes |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | Yes |
| Exchange Rate | No |
| Higher Risk | No |
| 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 | Yes |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Sector Specific - 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.
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.
Property - 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)
Liquidity - This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
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.
