PIA Risk Managed Active 2 Ser B

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

28/02/19
to
29/02/20
29/02/20
to
28/02/21
28/02/21
to
28/02/22
28/02/22
to
28/02/23
28/02/23
to
29/02/24
Fund 4.8% 5.2% -0.9% -5.1% 0.9%
Sector 5.4% 5.1% 0.4% -2.0% 3.5%
Rank 145/239 107/248 167/265 213/271 220/280
Quartile 3 2 3 4 4

Annualised performance

Annualised
3 Years to
29/02/24
5 Years to
29/02/24
10 Years to
29/02/24
Fund -1.7% 0.9% 2.3%
Sector 0.6% 2.5% 3.2%
Rank 205/265 170/239 113/169
Quartile 4 3 3

Top 10 Holdings

Stock % Weight
Eastspring US Corporate Bond Class EG (hedged) 10.87
L&G FREEHOLD PROPERTY 1.77
iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) 1.48
iShares iShares plc European Property Yield UCITS ETF EUR (Dist) 0.64
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 0.32
⅞ Treasury 2046 0.29
3¼% Treasury Gilt 2044 0.27
ASTRAZENECA 0.26
SAMSUNG ELECTRONICS CO. LTD 0.26
HSBC HOLDINGS 0.25
Total 16.40

Fund Aims

Objective: The investment strategy of the fund is to buy units in the WS Prudential Risk Managed Active 2 Fund - the underlying fund.

Underlying Fund Objective: The fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 10%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 10%. Capital invested is at risk. The fund aims to achieve its objective through investing at least 70% in actively managed collective investment schemes. The Portfolio Manager constructs an actively managed portfolio to provide diversified, indirect exposure to global fixed income and variable rate assets, cash (including money market funds and near cash), equities and/or immovable property. The fund will have a bias towards lower risk assets such as fixed income assets and cash but will always have some exposure to equities.

Fund Manager

Philip Butler manager of the underlying fund for 7 years and 4 months

Photo of Philip Butler Phil Butler, CFA, is Portfolio Manager at M&G, part of the Treasury and Investment Office (T&IO formerly PPMG). The Investment Office is the fiduciary manager of Prudential UK&E Assets managing the retail saving solutions, legacy annuity products, with-profits policies and unit-linked solutions of Prudential UK&E. Phil is the lead portfolio manager of the WS Prudential Risk Managed Active and Passive fund ranges, the recently launched PruFund Planet range, as well as the Groups Unit Linked business; managing over £7bn in assets. Phil provides cover on a wider £100bn+ of multi-asset funds, including RM PruFund. Phil joined the Investment Office in late 2011 to become a member of the Multi-Asset Portfolio Management Team and specialised in the management of the unitised multi-asset funds. Prior to this, Phil was part of M&Gs Investment graduate scheme rotating through various specialist investment teams in different asset classes across the company. Before M&G, he spent 13 months at the Bank of England as a research assistant whilst completing his Banking and International Finance BSc at Cass Business School. Phil is governed by M&G Investment Management under the FCA’s Certification Regime and is a CFA charterholder.

Fund Overview

Bid (27/03/2024) 1.64
Offer (27/03/2024) 1.64
Fund size (29/02/2024) £5.91m
Underlying Fund size £280.33m
Number of holdings 6592
Launch date 25/01/2010

Fund Charges

Annual Management Charge (AMC) 1.44%
Further Costs 0.09%
Yearly Total 1.53%

Asset Allocation

pie chart
  International Bonds 32.66%
  International Equities 14.77%
  Money Market 7.89%
  Alternative Trading Strategies 7.08%
  UK Corporate Bonds 6.93%
  UK Equities 6.51%
  Property 2.99%
  Investment Trusts 2.15%
  UK Gilts 0.56%
  Other Assets 18.47%
Portfolio data accurate as at: 29/02/24

Important Information

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 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 product charges, or 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 the fund's currency of denomination with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 32.66%
  International Equities 14.77%
  Money Market 7.89%
  Alternative Trading Strategies 7.08%
  UK Corporate Bonds 6.93%
  UK Equities 6.51%
  Property 2.99%
  Investment Trusts 2.15%
  UK Gilts 0.56%
  Other Assets 18.47%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 40.15% - - -
 
Non-Classified 20.45% - - -
 
Non-Classified - 13.23% - -
 
Non-Classified - - 13.23% -
 
Non-Classified - - - 13.23%
 
Cash and Equivalents 8.22% - - -
 
Alternative Trading Strategies 7.08% - - -
 
Alternative Trading Strategies - 7.08% - -
 
Alternative Trading Strategies - - 7.08% -
 
Alternative Trading Strategies - - - 7.08%
 
Financials 6.16% - - -
 
Financial Services - 3.23% - -
 
Equity Investment Instruments - - 2.15% -
 
Equity Investment Instruments - - - 2.15%
 
Investment Banking & Brokerage Services - - 0.89% -
 
Asset Managers & Custodians - - - 0.49%
 
Investment Services - - - 0.32%
 
Diversified Financial Services - - - 0.08%
 
Finance & Credit Services - - 0.19% -
 
Financial Data & Systems - - - 0.10%
 
Consumer Lending - - - 0.05%
 
Mortgage Finance - - - 0.04%
 
Nonequity Investment Instruments - - 0.00% -
 
Nonequity Investment Instruments - - - 0.00%
 
Banks - 2.05% - -
 
Banks - - 2.05% -
 
Banks - - - 2.05%
 
Insurance - 0.89% - -
 
Life Insurance - - 0.47% -
 
Life Insurance - - - 0.47%
 
Non-life Insurance - - 0.42% -
 
Property & Casualty Insurance - - - 0.21%
 
Full Line Insurance - - - 0.12%
 
Reinsurance - - - 0.05%
 
Insurance Brokers - - - 0.04%
 
Industrials 3.50% - - -
 
Industrial Goods & Services - 3.25% - -
 
Industrial Transportation - - 0.88% -
 
Railroads - - - 0.40%
 
Transportation Services - - - 0.18%
 
Marine Transportation - - - 0.16%
 
Commercial Vehicle-Equipment Leasing - - - 0.05%
 
Delivery Services - - - 0.04%
 
Commercial Vehicles & Parts - - - 0.03%
 
Railroad Equipment - - - 0.01%
 
Trucking - - - 0.00%
 
Industrial Support Services - - 0.76% -
 
Professional Business Support Services - - - 0.25%
 
Industrial Suppliers - - - 0.23%
 
Transaction Processing Services - - - 0.14%
 
Business Training & Employment Agencies - - - 0.08%
 
Security Services - - - 0.05%
 
Forms & Bulk Printing Services - - - 0.01%
 
General Industrials - - 0.57% -
 
Diversified Industrials - - - 0.37%
 
Containers & Packaging - - - 0.19%
 
Glass - - - 0.01%
 
Paints & Coatings - - - 0.00%
 
Plastics - - - 0.00%
 
Electronic & Electrical Equipment - - 0.38% -
 
Electrical Components - - - 0.22%
 
Electronic Equipment: Control & Filter - - - 0.08%
 
Electronic Equipment: Gauges & Meters - - - 0.07%
 
Electronic Equipment: Pollution Control - - - 0.01%
 
Electronic Equipment: Other - - - 0.00%
 
Industrial Engineering - - 0.36% -
 
Machinery: Industrial - - - 0.12%
 
Machinery: Construction & Handling - - - 0.10%
 
Machinery: Engines - - - 0.07%
 
Machinery: Tools - - - 0.05%
 
Machinery: Specialty - - - 0.02%
 
Machinery: Agricultural - - - 0.01%
 
Aerospace & Defence - - 0.30% -
 
Defense - - - 0.18%
 
Aerospace - - - 0.13%
 
Construction & Materials - 0.25% - -
 
Construction & Materials - - 0.25% -
 
Building Materials: Other - - - 0.07%
 
Construction - - - 0.06%
 
Cement - - - 0.06%
 
Building: Climate Control - - - 0.03%
 
Engineering & Contracting Services - - - 0.02%
 
Building, Roofing/Wallboard & Plumbing - - - 0.01%
 
Consumer Discretionary 3.12% - - -
 
Consumer Products & Services - 0.84% - -
 
Household Goods & Home Construction - - 0.30% -
 
Home Construction - - - 0.24%
 
Household Appliance - - - 0.06%
 
Household Furnishings - - - 0.01%
 
Household Equipment & Products - - - 0.00%
 
Leisure Goods - - 0.21% -
 
Consumer Electronics - - - 0.09%
 
Electronic Entertainment - - - 0.07%
 
Recreational Vehicles & Boats - - - 0.02%
 
Photography - - - 0.02%
 
Toys - - - 0.01%
 
Recreational Products - - - 0.01%
 
Consumer Services - - 0.17% -
 
Vending & Catering Service - - - 0.11%
 
Consumer Services: Misc. - - - 0.05%
 
Education Services - - - 0.01%
 
Rental & Leasing Services: Consumer - - - 0.00%
 
Personal Goods - - 0.15% -
 
Clothing & Accessories - - - 0.08%
 
Luxury Items - - - 0.03%
 
Cosmetics - - - 0.02%
 
Footwear - - - 0.02%
 
Retail - 0.77% - -
 
Retailers - - 0.77% -
 
Diversified Retailers - - - 0.47%
 
Specialty Retailers - - - 0.12%
 
Home Improvement Retailers - - - 0.09%
 
Apparel Retailers - - - 0.09%
 
Automobiles & Parts - 0.60% - -
 
Automobiles & Parts - - 0.60% -
 
Automobiles - - - 0.44%
 
Auto Parts - - - 0.13%
 
Tires - - - 0.02%
 
Travel & Leisure - 0.52% - -
 
Travel & Leisure - - 0.52% -
 
Hotels & Motels - - - 0.18%
 
Restaurants & Bars - - - 0.11%
 
Casinos & Gambling - - - 0.08%
 
Airlines - - - 0.07%
 
Travel & Tourism - - - 0.06%
 
Recreational Services - - - 0.02%
 
Media - 0.40% - -
 
Media - - 0.40% -
 
Publishing - - - 0.15%
 
Media Agencies - - - 0.14%
 
Radio & TV Broadcasters - - - 0.07%
 
Entertainment - - - 0.04%
 
Technology 2.62% - - -
 
Technology - 2.62% - -
 
Software & Computer Services - - 1.41% -
 
Consumer Digital Services - - - 0.66%
 
Software - - - 0.52%
 
Computer Services - - - 0.23%
 
Technology Hardware & Equipment - - 1.21% -
 
Semiconductors - - - 0.80%
 
Computer Hardware - - - 0.18%
 
Production Technology Equipment - - - 0.12%
 
Electronic Components - - - 0.10%
 
Electronic Office Equipment - - - 0.01%
 
Real Estate 1.59% - - -
 
Real Estate - 1.59% - -
 
Real Estate Investment Trusts - - 1.24% -
 
Diversified REITs - - - 0.34%
 
Industrial REITs - - - 0.25%
 
Residential REITs - - - 0.12%
 
Office REITs - - - 0.11%
 
Infrastructure REITs - - - 0.11%
 
Storage REITs - - - 0.09%
 
Retail REITs - - - 0.09%
 
Health Care REITs - - - 0.07%
 
Other Specialty REITs - - - 0.06%
 
Timber REITs - - - 0.01%
 
Hotel & Lodging REITs - - - 0.00%
 
Real Estate Investment & Services - - 0.35% -
 
Real Estate Holding and Development - - - 0.24%
 
Real Estate Services - - - 0.11%
 
Health Care 1.52% - - -
 
Health Care - 1.52% - -
 
Pharmaceuticals & Biotechnology - - 1.19% -
 
Pharmaceuticals - - - 1.08%
 
Biotechnology - - - 0.11%
 
Medical Equipment & Services - - 0.24% -
 
Medical Equipment - - - 0.18%
 
Medical Supplies - - - 0.05%
 
Medical Services - - - 0.00%
 
Health Care Providers - - 0.09% -
 
Health Care Management Services - - - 0.07%
 
Health Care Services - - - 0.01%
 
Health Care Facilities - - - 0.01%
 
Consumer Staples 1.35% - - -
 
Personal Care, Drug & Grocery Stores - 0.68% - -
 
Personal Care, Drug & Grocery Stores - - 0.68% -
 
Food Retailers & Wholesalers - - - 0.33%
 
Personal Products - - - 0.23%
 
Nondurable Household Products - - - 0.07%
 
Drug Retailers - - - 0.04%
 
Food, Beverage & Tobacco - 0.67% - -
 
Beverages - - 0.40% -
 
Distillers & Vintners - - - 0.19%
 
Soft Drinks - - - 0.15%
 
Brewers - - - 0.06%
 
Food Producers - - 0.27% -
 
Food Products - - - 0.26%
 
Farming, Fishing, Ranching & Plantations - - - 0.01%
 
Fruit & Grain Processing - - - 0.00%
 
Utilities 1.30% - - -
 
Utilities - 1.30% - -
 
Electricity - - 0.76% -
 
Conventional Electricity - - - 0.72%
 
Alternative Electricity - - - 0.04%
 
Gas, Water & Multi-utilities - - 0.53% -
 
Multi-Utilities - - - 0.38%
 
Water - - - 0.09%
 
Gas Distribution - - - 0.06%
 
Waste & Disposal Services - - 0.01% -
 
Waste & Disposal Services - - - 0.01%
 
Energy 1.13% - - -
 
Energy - 1.13% - -
 
Non-Renewable Energy - - 1.10% -
 
Integrated Oil & Gas - - - 0.57%
 
Pipelines - - - 0.24%
 
Oil: Crude Producers - - - 0.15%
 
Oil Refining and Marketing - - - 0.08%
 
Oil Equipment & Services - - - 0.06%
 
Coal - - - 0.00%
 
Offshore Drilling & Other Services - - - 0.00%
 
Renewable Energy - - 0.03% -
 
Renewable Energy Equipment - - - 0.03%
 
Basic Materials 0.92% - - -
 
Basic Resources - 0.59% - -
 
Industrial Metals & Mining - - 0.48% -
 
General Mining - - - 0.30%
 
Iron & Steel - - - 0.11%
 
Copper - - - 0.03%
 
Metal Fabricating - - - 0.02%
 
Aluminum - - - 0.01%
 
Nonferrous Metals - - - 0.00%
 
Precious Metals & Mining - - 0.07% -
 
Gold Mining - - - 0.07%
 
Platinum & Precious Metals - - - 0.00%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.05% -
 
Paper - - - 0.04%
 
Diversified Materials - - - 0.01%
 
Forestry - - - 0.00%
 
Textile Products - - - 0.00%
 
Chemicals - 0.33% - -
 
Chemicals - - 0.33% -
 
Chemicals: Diversified - - - 0.24%
 
Specialty Chemicals - - - 0.06%
 
Fertilizers - - - 0.02%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Telecommunications 0.88% - - -
 
Telecommunications - 0.88% - -
 
Telecommunications Service Providers - - 0.44% -
 
Telecommunications Services - - - 0.42%
 
Cable Television Services - - - 0.02%
 
Telecommunications Equipment - - 0.44% -
 
Telecommunications Equipment - - - 0.44%

Regional Allocation

pie chart
  North America 22.30%
  Non-Classified 29.08%
  UK 14.00%
  Developed Europe - Excl UK 11.71%
  Cash and Equivalents 8.40%
  Emerging Asia 4.54%
  Property 2.99%
  Japan 1.98%
  South & Central America 1.69%
  Other Regions 3.32%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 59.35%
  Pound Sterling 28.07%
  US Dollar 5.52%
  Euro 5.08%
  Cash 0.51%
  Brazilian Real 0.16%
  Other Currencies 1.31%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 22.30% -
 
United States - 21.16%
 
Canada - 1.14%
 
Non-Classified 29.08% -
 
UK 14.00% -
 
United Kingdom - 14.00%
 
Jersey - 0.00%
 
Developed Europe - Excl UK 11.71% -
 
France - 3.10%
 
Germany - 2.14%
 
Netherlands - 1.65%
 
Luxembourg - 0.92%
 
Switzerland - 0.73%
 
Spain - 0.52%
 
Italy - 0.51%
 
Sweden - 0.49%
 
Ireland - 0.44%
 
Denmark - 0.35%
 
Finland - 0.24%
 
Norway - 0.23%
 
Belgium - 0.21%
 
Austria - 0.11%
 
Iceland - 0.04%
 
Portugal - 0.01%
 
Cash and Equivalents 8.40% -
 
Emerging Asia 4.54% -
 
China - 1.65%
 
South Korea - 0.76%
 
Taiwan - 0.50%
 
India - 0.49%
 
Indonesia - 0.39%
 
Philippines - 0.19%
 
Malaysia - 0.16%
 
Thailand - 0.12%
 
Uzbekistan - 0.05%
 
Viet Nam - 0.04%
 
Kazakhstan - 0.03%
 
Azerbaijan - 0.03%
 
Mongolia - 0.02%
 
Georgia - 0.02%
 
Tajikistan - 0.02%
 
Armenia - 0.02%
 
Sri Lanka - 0.01%
 
Papua New Guinea - 0.01%
 
Pakistan - 0.00%
 
Macau - 0.00%
 
Property 2.99% -
 
Japan 1.98% -
 
Japan - 1.98%
 
South & Central America 1.69% -
 
Mexico - 0.61%
 
Brazil - 0.31%
 
Colombia - 0.18%
 
Peru - 0.11%
 
Dominican Republic - 0.09%
 
Uruguay - 0.08%
 
Argentina - 0.05%
 
Guatemala - 0.04%
 
Paraguay - 0.03%
 
Chile - 0.03%
 
Honduras - 0.02%
 
Trinidad and Tobago - 0.02%
 
Panama - 0.02%
 
Costa Rica - 0.02%
 
Barbados - 0.02%
 
El Salvador - 0.02%
 
Jamaica - 0.01%
 
Ecuador - 0.01%
 
Cayman Islands - 0.01%
 
Venezuela - 0.01%
 
Bolivia - 0.00%
 
Developed Asia 1.16% -
 
Hong Kong - 0.78%
 
Singapore - 0.38%
 
Middle East & Africa 0.88% -
 
South Africa - 0.17%
 
Israel - 0.12%
 
United Arab Emirates - 0.11%
 
Qatar - 0.05%
 
Nigeria - 0.04%
 
Morocco - 0.04%
 
Oman - 0.04%
 
Cote D'Ivoire - 0.04%
 
Gabon - 0.03%
 
Egypt - 0.03%
 
Senegal - 0.03%
 
Jordan - 0.03%
 
Benin - 0.02%
 
Angola - 0.02%
 
Kenya - 0.02%
 
Mozambique - 0.02%
 
Rwanda - 0.01%
 
Cameroon - 0.01%
 
Ghana - 0.01%
 
Iraq - 0.01%
 
Zambia - 0.01%
 
Saudi Arabia - 0.01%
 
Kuwait - 0.01%
 
Ethiopia - 0.00%
 
Lebanon - 0.00%
 
Tunisia - 0.00%
 
Emerging Europe 0.64% -
 
Romania - 0.12%
 
Hungary - 0.11%
 
Poland - 0.10%
 
Turkey - 0.06%
 
Greece - 0.05%
 
Albania - 0.03%
 
Serbia - 0.03%
 
Slovakia (Slovak Republic) - 0.03%
 
Ukraine - 0.03%
 
Russian Federation - 0.02%
 
Croatia - 0.02%
 
Bulgaria - 0.01%
 
Macedonia, The Former Yugoslav Republic Of - 0.01%
 
Bosnia and Herzegowina - 0.01%
 
Montenegro - 0.01%
 
Czech Republic - 0.00%
 
Australia & New Zealand 0.64% -
 
Australia - 0.61%
 
New Zealand - 0.02%
 
New Caledonia - 0.01%

Breakdown By Market Cap (%)

Mega
 
 
9.99%
Large
 
 
5.62%
Medium
 
 
4.19%
Small
 
 
1.21%
Micro
 
 
0.89%
Non-Classified
 
 
29.73%
Bonds
 
 
40.15%
Cash
 
 
8.22%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
14.23%
5Yr - 10Yr Maturity
 
 
8.41%
10Yr - 15Yr Maturity
 
 
2.24%
> 15Yr Maturity
 
 
4.39%
Cash And Equivalents
 
 
8.22%
Unknown Maturity
 
 
17.92%
Other Asset Types
 
 
44.59%

Fixed Interest Quality Profile

AAA
 
 
2.84%
AA
 
 
2.77%
A
 
 
5.37%
BBB
 
 
6.78%
Sub-Investment Grade
 
 
2.47%
Unknown Quality
 
 
9.05%
Cash and Equivalents
 
 
8.22%
Other Asset Types
 
 
62.51%

Top 10 Fund Holdings

Name % Weight Sector Country
1 M&G (1) Sterling Investment Grade Corporate Bond Class Z2A GBP 18.26% Managed Funds Managed Funds
2 Eastspring US Corporate Bond Class EG (hedged) 10.87% Managed Funds Managed Funds
3 M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc 9.22% Managed Funds Managed Funds
4 M&G (LUX) FCP Asian Local CCY Bond Class ZI 7.95% Managed Funds Managed Funds
5 M&G Global High Yield Bond Class A GBP 3.96% Managed Funds Managed Funds
6 M&G Emerging Markets Bond Class PP GBP 3.89% Managed Funds Managed Funds
7 M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A 3.45% Managed Funds Managed Funds
8 M&G European Credit Investment Class E GBP Hedged 3.35% Managed Funds Managed Funds
9 M&G (Lux) Asian Corporate Bond Class ZI-H A 2.66% Managed Funds Managed Funds
10 M&G (ACS) BlackRock UK 200 Equity Fund Z4A Acc 2.55% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 Eastspring US Corporate Bond Class EG (hedged) 10.87% Bonds United States
2 L&G FREEHOLD PROPERTY 1.77% Non-Classified Non-Classified
3 iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) 1.48% Non-Classified Direct Property and REITs
4 iShares iShares plc European Property Yield UCITS ETF EUR (Dist) 0.64% Non-Classified Direct Property and REITs
5 TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 0.32% Technology Hardware & Equipment Taiwan
6 ⅞ Treasury 2046 0.29% Bonds United Kingdom
7 3¼% Treasury Gilt 2044 0.27% Bonds United Kingdom
8 ASTRAZENECA 0.26% Pharmaceuticals & Biotechnology United Kingdom
9 SAMSUNG ELECTRONICS CO. LTD 0.26% Telecommunications Equipment South Korea
10 HSBC HOLDINGS 0.25% Banks United Kingdom

Important Information

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).

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Identification Codes

Sedol Code B587Y50
Mex Code SBPICU
Isin Code IE00B587Y501
Citi Code I2Z0

Fund Charges

Annual Management Charge (AMC) 1.44%
Further Costs 0.09%
Yearly Total 1.53%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to buy units in the WS Prudential Risk Managed Active 2 Fund - the underlying fund. Underlying Fund Objective: The fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 10%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 10%. Capital invested is at risk. The fund aims to achieve its objective through investing at least 70% in actively managed collective investment schemes. The Portfolio Manager constructs an actively managed portfolio to provide diversified, indirect exposure to global fixed income and variable rate assets, cash (including money market funds and near cash), equities and/or immovable property. The fund will have a bias towards lower risk assets such as fixed income assets and cash but will always have some exposure to equities.
Benchmark IA Mixed Investment 20-60% shares
Sector OI Mixed Investment 20-60% Shares

Ratings

FE Crown Crown Rating of 2

Important Information

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).

Charges and further costs may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Important Information

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 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 product charges, or 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 the fund's currency of denomination with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

The registered office of Prudential International is in Ireland at Montague House, Adelaide Road, Dublin 2. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is deemed authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.