31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
---|---|---|---|---|---|
Fund | n/a | n/a | n/a | 5.7% | 6.9% |
Annualised | ||||
---|---|---|---|---|
3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
Fund | n/a | n/a | n/a |
The fund aims to achieve a total return from income and capital over the long term (at least 5-10 years). It also aims to deliver positive environmental and societal outcomes in addition to financial returns. There are three categories of outcome; 1. Mitigating Environmental, Social and Governance (ESG) risks and minimising negative outcomes 2. Pursuing Environmental, Social and Governance (ESG) opportunities 3. Investing in positive outcomes for disadvantaged groups or stakeholders. PruFund funds are invested in a range of equities, bonds, property, alternative investments and cash. This gives you the advantage of a well-balanced mix of investments with some smoothing of investment returns. The fund aims to limit the fluctuations (volatility) your investment experiences, after allowing for smoothing, to 14.5% per annum. There is no guarantee the fund will achieve its objective of managing the volatility to the target level.
The M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability, with access to investment professionals around the world. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. The lead fund managers for this fund are Phil Butler and Paul Parascandalo. Phil joined the Investment Office in late 2011 to become a member of the Multi-Asset Portfolio Management Team and specialises in the management of the unitised multi-asset funds. 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. Paul joined T&IO in October 2021 after 11 years at Aviva Investors, where he managed a variety of flagship retail and institutional multi-asset funds. Paul holds a Masters in Theoretical Physics from University College London and a Bachelors in Financial Services from The London Institute of Banking & Finance. Both Phil and Paul are governed by M&G Investment Management under the FCA’s Certification Regime and are CFA® charterholders.
Bid (26/04/2024) | 1.16 |
Offer | n/a |
Fund size | - |
Launch date | 22/11/2021 |
Annual Management Charge (AMC) | 0.65% |
Further Costs | 0.27% |
Yearly Total | 0.92% |
UK Equities |
|
12.40% |
North American Equities |
|
12.20% |
UK Property |
|
9.90% |
Asia ex. Japan Equities |
|
7.90% |
UK Investment Grade |
|
7.00% |
Asia Fixed Interest |
|
5.00% |
Private High Yield |
|
4.30% |
Infrastructure |
|
4.20% |
Global Emerging Markets Equities |
|
4.10% |
Private Equity |
|
3.90% |
US Investment Grade |
|
3.70% |
Japanese Equities |
|
3.10% |
European Equities |
|
2.70% |
Emerging Market Debt |
|
2.70% |
Tactical Investment Opportunities |
|
2.70% |
Lower Risk Private Credit |
|
2.40% |
Europe Investment Grade |
|
2.10% |
Global High Yield |
|
2.10% |
Europe ex UK property |
|
2.00% |
Cash & Equivalents |
|
1.90% |
Asia Property |
|
1.60% |
North America Property |
|
1.10% |
US Treasury |
|
0.60% |
US High Yield |
|
0.40% |
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Directors of the Prudential Assurance Company Ltd (PAC), our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.
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.
Weighted Average Carbon Intensity - source: MSCI | 97.6 |
Greenhouse Gas Intensity (Property) - source: Evora | 2.8 |
Coverage (number of funds covered) | 25 out of 31 |
Weight | ||
ESG Risk Focused | 16.28% | |
ESG Opportunity Focused | 40.05% | |
ESG Solution Focused | 43.67% | |
Uncategorised Assets** | 0.00% |
Asset Class | ESG Risk Focused | ESG Opportunity Focused | ESG Solution Focused | Total |
---|---|---|---|---|
Equity | 0.00% | 25.91% | 16.90% | 42.81% |
Fixed Income | 1.76% | 9.28% | 15.28% | 26.33% |
Alternatives | 0.00% | 0.47% | 11.48% | 11.95% |
Property | 13.04% | 1.68% | 0.00% | 14.73% |
Cash | 1.48% | 0.00% | 0.00% | 1.48% |
Tactical Asset Allocation | 0.00% | 2.71% | 0.00% | 2.71% |
Uncategorised Assets | 0.00% | 0.00% | 0.00% | 0.00% |
Exclusions (or places we aim to avoid investing in) apply to sectors such as controversial weapons, coal, adult entertainment, gambling and United Nations Global Compact violators (which focus on areas such as human rights, labour standards and anti-corruption). In some instances the funds PruFund Planet invests in may not align with all of these exclusions, although T&IO aim to ensure adherence to their ESG Policy to the greatest extent possible. There are instances where a particular fund may not feature a sector exclusion, but by the nature of its strategy it is unlikely to invest in that sector. For example, a fund investing in the water industry is unlikely to also hold a tobacco company.
You can find out more about PruFund Planet at www.pru.co.uk/investments/investing-for-good/prufund-planet/. For more information specifically about exclusions then please speak to your financial adviser.
The percentage amounts held in Risk, Opportunity and Solution Focussed may not always add up to exactly 100%. This can be due to an asset that we want to invest into not being immediately available (Property for example). When that happens we may invest in an alternative asset, which we think can give us a similar return, but which isn’t categorised. We will aim to minimise the amount of time that we are invested in these alternative assets and, over the longer term, we will always aim to invest in assets that can be categorised as either Risk, Opportunity or Solution Focused.
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.
UK Equities |
|
12.40% |
North American Equities |
|
12.20% |
UK Property |
|
9.90% |
Asia ex. Japan Equities |
|
7.90% |
UK Investment Grade |
|
7.00% |
Asia Fixed Interest |
|
5.00% |
Private High Yield |
|
4.30% |
Infrastructure |
|
4.20% |
Global Emerging Markets Equities |
|
4.10% |
Private Equity |
|
3.90% |
US Investment Grade |
|
3.70% |
Japanese Equities |
|
3.10% |
European Equities |
|
2.70% |
Emerging Market Debt |
|
2.70% |
Tactical Investment Opportunities |
|
2.70% |
Lower Risk Private Credit |
|
2.40% |
Europe Investment Grade |
|
2.10% |
Global High Yield |
|
2.10% |
Europe ex UK property |
|
2.00% |
Cash & Equivalents |
|
1.90% |
Asia Property |
|
1.60% |
North America Property |
|
1.10% |
US Treasury |
|
0.60% |
US High Yield |
|
0.40% |
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Directors of the Prudential Assurance Company Ltd (PAC), our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.
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.
Sedol Code | BNYDPN3 |
Mex Code | SBABPB |
Isin Code | IE000W04JPS7 |
Citi Code | VKA0 |
Annual Management Charge (AMC) | 0.65% |
Further Costs | 0.27% |
Yearly Total | 0.92% |
Aims | The fund aims to achieve a total return from income and capital over the long term (at least 5-10 years). It also aims to deliver positive environmental and societal outcomes in addition to financial returns. There are three categories of outcome; 1. Mitigating Environmental, Social and Governance (ESG) risks and minimising negative outcomes 2. Pursuing Environmental, Social and Governance (ESG) opportunities 3. Investing in positive outcomes for disadvantaged groups or stakeholders. PruFund funds are invested in a range of equities, bonds, property, alternative investments and cash. This gives you the advantage of a well-balanced mix of investments with some smoothing of investment returns. The fund aims to limit the fluctuations (volatility) your investment experiences, after allowing for smoothing, to 14.5% per annum. There is no guarantee the fund will achieve its objective of managing the volatility to the target level. |
Benchmark | Not benchmarked |
ABI Sector | Unclassified |
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Directors of the Prudential Assurance Company Ltd (PAC), our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.
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.
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Directors of the Prudential Assurance Company Ltd (PAC), our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.
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.