Prudential Aegon Strategic Bond Ser A

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

Performance

Discrete performance - to last month end

31/12/15
to
31/12/16
31/12/16
to
31/12/17
31/12/17
to
31/12/18
31/12/18
to
31/12/19
31/12/19
to
31/12/20
Fund 4.8% 4.8% -2.9% 9.3% 14.4%
Sector 6.2% 5.3% -3.5% 8.7% 6.5%
Rank 124/145 101/148 39/148 69/150 11/151
Quartile 4 3 2 2 1

Annualised performance

Annualised
3 Years to
31/12/20
5 Years to
31/12/20
10 Years to
31/12/20
Fund 6.7% 5.9% 4.9%
Sector 3.8% 4.5% 4.9%
Rank 7/148 17/145 81/111
Quartile 1 1 3

Top 10 Holdings

Stock % Weight
US TREASURY N/B 1.5% 15/02/2030 3.08
1½% Treasury Gilt 2047 2.65
HBOS STERLING FIN JERSEY VAR 09/12/2168 2.49
US TREASURY N/B 3.375% 15/11/2048 2.38
4¾% Treasury Gilt 2030 2.22
AUSTRALIAN GOVERNMENT 2.75% 21/11/2027 148 1.80
HSBC BNK CAO FND STER 1 VAR 05/11/2168 1.75
MCDONALD'S CORP 4.2% 01/04/2050 MTN 1.67
DRESDNER FNDG TRUST I 8.151% 30/06/2031 REGS 1.63
AXA SA VAR 14/06/2169 144A 1.43
Total 21.10

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Aegon Strategic Bond Fund - the underlying fund.

Underlying Fund Objective: The fund aims to maximise total return (income plus capital) by investing in fixed interest securities, in any currency, ranging from AAA rated government bonds through to high yield and emerging market corporate bonds. At least 80% of the fund will be invested in sterling and other currency denominated bonds hedged back to sterling. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions.

Fund Manager

Colin Finlayson manager of the underlying fund for 2 years and 1 months

Photo of Colin Finlayson Colin Finlayson is an investment manager in Kames Capital’s Fixed Income team and specialises in global government bonds and relative-value analysis. He is the co-manager of the Kames Absolute Return Bond Fund and Kames Strategic Global Bond Fund as well as the Core Plus and Long Core Plus pooled pension funds. He joined us in 2000 directly from the University of Strathclyde, where he studied Economics and Finance. Colin is a CFA charterholder.

Alex Pelteshki manager of the underlying fund for 3 years and 5 months

Photo of Alex Pelteshki is an Investment Manager in the Fixed Income team and specialises in credit analysis in the global financials sector across the entire capital structure. He is also a co-manager of the Kames Strategic Global Bond strategies and an Absolute Return Bond Fund. He joined us in 2014 from ING Financial Markets, where was a publishing/lead equity analyst on the banks sector. Prior to that, Alexander was an equity trading analyst for UBS Wealth Management. Alexander studied International Business Management at Dickinson College in the USA, and has an MBA degree from Erasmus University in Rotterdam.

Fund Overview

Bid (14/01/2021) 222.60
Offer (14/01/2021) 234.30
Fund size (30/11/2020) £0.33m
Underlying Fund size £264.80m
Number of holdings 247
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 1.70%
Further Costs 0.00%
Yearly Total 1.70%

Asset Allocation

pie chart
  International Bonds 68.59%
  UK Corporate Bonds 23.19%
  UK Gilts 4.87%
  Cash and Equivalents 1.59%
  UK Equities 1.05%
  Alternative Trading Strategies 0.71%
Portfolio data accurate as at: 30/11/20

Important Information

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 GBP 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 68.59%
  UK Corporate Bonds 23.19%
  UK Gilts 4.87%
  Cash and Equivalents 1.59%
  UK Equities 1.05%
  Alternative Trading Strategies 0.71%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 96.65% - - -
 
Cash and Equivalents 1.59% - - -
 
Financials 1.05% - - -
 
Banks - 1.05% - -
 
Banks - - 1.05% -
 
Banks - - - 1.05%
 
Alternative Trading Strategies 0.71% - - -
 
Alternative Trading Strategies - 0.71% - -
 
Alternative Trading Strategies - - 0.71% -
 
Alternative Trading Strategies - - - 0.71%

Regional Allocation

pie chart
  North America 35.01%
  UK 29.11%
  Developed Europe - Excl UK 28.23%
  Australia & New Zealand 2.71%
  Non-Classified 1.62%
  Cash and Equivalents 1.59%
  Other Regions 1.73%

Fixed Interest Currencies

pie chart
  US Dollar 42.79%
  Pound Sterling 29.73%
  Euro 20.36%
  Australian Dollar 2.71%
  Non-Fixed Interest Assets 1.76%
  Cash 1.59%
  Canadian Dollar 1.07%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 35.01% -
 
United States - 33.55%
 
Canada - 1.46%
 
UK 29.11% -
 
United Kingdom - 29.11%
 
Developed Europe - Excl UK 28.23% -
 
Netherlands - 6.23%
 
Italy - 4.87%
 
Spain - 4.68%
 
France - 3.99%
 
Germany - 3.73%
 
Luxembourg - 3.63%
 
Belgium - 1.11%
 
Sweden - 0.00%
 
Ireland - 0.00%
 
Australia & New Zealand 2.71% -
 
Australia - 2.71%
 
Non-Classified 1.62% -
 
Cash and Equivalents 1.59% -
 
Emerging Europe 0.63% -
 
Greece - 0.63%
 
Japan 0.61% -
 
Japan - 0.61%
 
South & Central America 0.49% -
 
Mexico - 0.49%

Breakdown By Market Cap (%)

Non-Classified
 
 
1.76%
Bonds
 
 
96.65%
Cash
 
 
1.59%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
13.31%
5Yr - 10Yr Maturity
 
 
20.17%
10Yr - 15Yr Maturity
 
 
11.77%
> 15Yr Maturity
 
 
51.40%
Cash And Equivalents
 
 
1.59%
Other Asset Types
 
 
1.76%

Fixed Interest Quality Profile

AAA
 
 
8.32%
AA
 
 
6.50%
A
 
 
9.05%
BBB
 
 
32.46%
Sub-Investment Grade
 
 
26.26%
Unknown Quality
 
 
14.06%
Cash and Equivalents
 
 
1.59%
Other Asset Types
 
 
1.76%

Top 10 Holdings

Stock % Weight Sector Country
1 US TREASURY N/B 1.5% 15/02/2030 3.08% Bonds United States
2 1½% Treasury Gilt 2047 2.65% Bonds United Kingdom
3 HBOS STERLING FIN JERSEY VAR 09/12/2168 2.49% Bonds Luxembourg
4 US TREASURY N/B 3.375% 15/11/2048 2.38% Bonds United States
5 4¾% Treasury Gilt 2030 2.22% Bonds United Kingdom
6 AUSTRALIAN GOVERNMENT 2.75% 21/11/2027 148 1.80% Bonds Australia
7 HSBC BNK CAO FND STER 1 VAR 05/11/2168 1.75% Bonds United Kingdom
8 MCDONALD'S CORP 4.2% 01/04/2050 MTN 1.67% Bonds United States
9 DRESDNER FNDG TRUST I 8.151% 30/06/2031 REGS 1.63% Bonds Germany
10 AXA SA VAR 14/06/2169 144A 1.43% Bonds France

Important Information

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 B3BVZK7
Mex Code PUAGLD
Isin Code GB00B3BVZK77
Citi Code D9K0

Fund Charges

Annual Management Charge (AMC) 1.70%
Further Costs 0.00%
Yearly Total 1.70%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Aegon Strategic Bond Fund - the underlying fund. Underlying Fund Objective: The fund aims to maximise total return (income plus capital) by investing in fixed interest securities, in any currency, ranging from AAA rated government bonds through to high yield and emerging market corporate bonds. At least 80% of the fund will be invested in sterling and other currency denominated bonds hedged back to sterling. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions.
Benchmark Investment Association Strategic Bond sector
ABI Sector Sterling Strategic Bond

Ratings

FE Crown Crown Rating of 4

Important Information

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

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 GBP with net 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.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.