Prudential BlackRock Aquila World ex-UK Index S3

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

Performance

Discrete performance - to latest available quarter end

30/09/15
to
30/09/16
30/09/16
to
30/09/17
30/09/17
to
30/09/18
30/09/18
to
30/09/19
30/09/19
to
30/09/20
Fund 31.8% 16.2% 13.8% 5.3% 9.5%
Benchmark 31.0% 15.1% 14.7% 7.5% 6.7%

Performance - to latest available quarter end

Quarter Annualised
3
2020
3 Years to
30/09/20
5 Years to
30/09/20
10 Years to
30/09/20
Fund 2.9% 9.5% 15.0% 12.7%
Benchmark 3.5% 9.6% 14.7% 11.9%

Top 10 Holdings

Stock % Weight
APPLE INC 4.25
MICROSOFT CORP 3.58
AMAZON.COM INC 3.03
FACEBOOK INC 1.43
ALPHABET INC 1.00
ALPHABET INC 0.99
JOHNSON & JOHNSON 0.90
PROCTER & GAMBLE CO 0.77
VISA INC 0.77
NESTLE SA 0.75
Total 17.47

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the BlackRock Aquila Life World (ex-UK) Equity Index Fund - the underlying fund.

Underlying Fund Objective: The fund invests in the shares of overseas companies, according to market capitalisation weightings. Within each of those markets, the fund aims to generate returns consistent with those of each country’s primary share market. The fund aims to achieve a return in line with the FTSE All-World Developed ex-UK Index.

Fund Manager

Team Managed manager of the underlying fund for 21 years and 2 months

Photo of Team Managed Team Managed

Fund Overview

Daily price (25/11/2020) 449.50
Fund size (30/09/2020) £22.22m
Underlying Fund size £2553.76m
Number of holdings 2232
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 15/07/2005

Asset Allocation

pie chart
  International Equities 98.48%
  Property 1.01%
  UK Equities 0.13%
  Alternative Trading Strategies 0.10%
  Money Market 0.10%
  International Bonds 0.09%
  Other Assets 0.09%

Performance comment

Performance as at Q2 2020 - Financial markets came into June on a firmer footing before fears around a second wave of infections in the US and the related reintroduction of lockdown measures started to surface in the middle of the month. Indeed, riskier assets continued to rally at the beginning of the month before moving generally flat-to-lower in the second half. The tailwind of sizable stimulus measures from central banks and governments globally, coupled with the easing of lockdown measures in other areas such as Europe, have helped underpin sentiment more broadly.

From a global policy perspective, the most significant development emerged from the Eurozone as the European Central Bank (ECB) announced an expansion of its Pandemic Emergency Purchase Programme (PEPP) by €600 billion to bring the total size to €1350 billion. The central bank also extended net purchases and the reinvestment of maturing principle payments under this programme until at least June 2021 and the end of 2022 respectively. In the US, the Federal Open Market Committee (FOMC) again reiterated its dovish stance in its June meeting highlighting that its bond buying programme - worth approximately US$120 billion a month - would continue “at least at the current pace”. It is clear that there is a commitment from the FOMC to ensure yields are capped, and the prospect of outright yield curve control remains on the table. The Bank of Japan meanwhile has increased its coronavirus lending progamme to over US$1 trillion, while signaling it would be years before there was any rise in interest rates.

In China, economic data has continued to rebound sharply in a ‘V-shaped’ manner with both manufacturing and non-manufacturing PMI’s beating consensus expectations and showing an expansion in activity. This has also trickled through into emerging market Asia more broadly with India and Indonesia showing sharp recoveries. Elsewhere, the epicenter of the Virus now spans across the America’s; most notably from several large states in the US such as Texas and Florida, but also several country’s in South America such as Brazil and Peru. The increasing number of cases in the US has been evident since the beginning of June. However, the extent to which this is impacting financial markets is being driven by the prospect of renewed lockdown measures, as was the case towards the end of June.

Source: BlackRock

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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 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 intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 Equities 98.48%
  Property 1.01%
  UK Equities 0.13%
  Alternative Trading Strategies 0.10%
  Money Market 0.10%
  International Bonds 0.09%
  Other Assets 0.09%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 22.64% - - -
 
Technology - 22.64% - -
 
Software & Computer Services - - 12.66% -
 
Software - - - 7.18%
 
Consumer Digital Services - - - 4.33%
 
Computer Services - - - 1.14%
 
Technology Hardware & Equipment - - 9.98% -
 
Computer Hardware - - - 5.19%
 
Semiconductors - - - 3.21%
 
Production Technology Equipment - - - 0.83%
 
Electronic Components - - - 0.64%
 
Electronic Office Equipment - - - 0.10%
 
Consumer Discretionary 15.70% - - -
 
Retail - 6.55% - -
 
Retailers - - 6.55% -
 
Diversified Retailers - - - 4.50%
 
Home Improvement Retailers - - - 1.00%
 
Apparel Retailers - - - 0.59%
 
Specialty Retailers - - - 0.47%
 
Consumer Products & Services - 3.48% - -
 
Personal Goods - - 1.51% -
 
Footwear - - - 0.51%
 
Clothing & Accessories - - - 0.50%
 
Cosmetics - - - 0.37%
 
Luxury Items - - - 0.14%
 
Leisure Goods - - 1.00% -
 
Electronic Entertainment - - - 0.57%
 
Consumer Electronics - - - 0.31%
 
Recreational Products - - - 0.05%
 
Toys - - - 0.04%
 
Recreational Vehicles & Boats - - - 0.03%
 
Photography - - - 0.00%
 
Household Goods & Home Construction - - 0.52% -
 
Home Construction - - - 0.24%
 
Household Equipment & Products - - - 0.18%
 
Household Appliance - - - 0.05%
 
Household Furnishings - - - 0.04%
 
Consumer Services - - 0.45% -
 
Consumer Services: Misc. - - - 0.44%
 
Education Services - - - 0.01%
 
Rental & Leasing Services: Consumer - - - 0.00%
 
Vending & Catering Service - - - 0.00%
 
Automobiles & Parts - 2.44% - -
 
Automobiles & Parts - - 2.44% -
 
Automobiles - - - 1.90%
 
Auto Parts - - - 0.40%
 
Tires - - - 0.14%
 
Travel & Leisure - 1.74% - -
 
Travel & Leisure - - 1.74% -
 
Restaurants & Bars - - - 0.95%
 
Travel & Tourism - - - 0.26%
 
Casinos & Gambling - - - 0.24%
 
Hotels & Motels - - - 0.15%
 
Recreational Services - - - 0.07%
 
Airlines - - - 0.07%
 
Media - 1.49% - -
 
Media - - 1.49% -
 
Entertainment - - - 1.04%
 
Radio & TV Broadcasters - - - 0.23%
 
Media Agencies - - - 0.14%
 
Publishing - - - 0.08%
 
Industrials 14.15% - - -
 
Industrial Goods & Services - 12.97% - -
 
Industrial Support Services - - 4.44% -
 
Transaction Processing Services - - - 3.15%
 
Professional Business Support Services - - - 0.75%
 
Industrial Suppliers - - - 0.23%
 
Business Training & Employment Agencies - - - 0.18%
 
Security Services - - - 0.10%
 
Forms & Bulk Printing Services - - - 0.02%
 
Industrial Transportation - - 2.48% -
 
Railroads - - - 1.16%
 
Delivery Services - - - 0.57%
 
Transportation Services - - - 0.23%
 
Trucking - - - 0.21%
 
Commercial Vehicles & Parts - - - 0.16%
 
Marine Transportation - - - 0.08%
 
Railroad Equipment - - - 0.04%
 
Commercial Vehicle-Equipment Leasing - - - 0.03%
 
General Industrials - - 2.11% -
 
Diversified Industrials - - - 1.64%
 
Paints & Coatings - - - 0.24%
 
Containers & Packaging - - - 0.20%
 
Glass - - - 0.03%
 
Electronic & Electrical Equipment - - 1.41% -
 
Electronic Equipment: Gauges & Meters - - - 0.54%
 
Electrical Components - - - 0.42%
 
Electronic Equipment: Control & Filter - - - 0.27%
 
Electronic Equipment: Other - - - 0.11%
 
Electronic Equipment: Pollution Control - - - 0.07%
 
Industrial Engineering - - 1.33% -
 
Machinery: Industrial - - - 0.49%
 
Machinery: Construction & Handling - - - 0.43%
 
Machinery: Agricultural - - - 0.20%
 
Machinery: Tools - - - 0.12%
 
Machinery: Engines - - - 0.07%
 
Machinery: Specialty - - - 0.01%
 
Aerospace & Defence - - 1.19% -
 
Aerospace - - - 0.74%
 
Defense - - - 0.46%
 
Construction & Materials - 1.18% - -
 
Construction & Materials - - 1.18% -
 
Building Materials: Other - - - 0.41%
 
Construction - - - 0.28%
 
Building: Climate Control - - - 0.25%
 
Engineering & Contracting Services - - - 0.09%
 
Cement - - - 0.08%
 
Building, Roofing/Wallboard & Plumbing - - - 0.05%
 
Health Care 13.18% - - -
 
Health Care - 13.18% - -
 
Pharmaceuticals & Biotechnology - - 7.74% -
 
Pharmaceuticals - - - 6.55%
 
Biotechnology - - - 1.18%
 
Cannabis Producers - - - 0.01%
 
Medical Equipment & Services - - 3.72% -
 
Medical Equipment - - - 2.77%
 
Medical Supplies - - - 0.86%
 
Medical Services - - - 0.09%
 
Health Care Providers - - 1.72% -
 
Health Care Management Services - - - 1.16%
 
Health Care Services - - - 0.41%
 
Health Care Facilities - - - 0.15%
 
Financials 11.65% - - -
 
Banks - 4.18% - -
 
Banks - - 4.18% -
 
Banks - - - 4.18%
 
Insurance - 3.77% - -
 
Non-life Insurance - - 2.89% -
 
Reinsurance - - - 1.13%
 
Property & Casualty Insurance - - - 0.90%
 
Full Line Insurance - - - 0.57%
 
Insurance Brokers - - - 0.29%
 
Life Insurance - - 0.88% -
 
Life Insurance - - - 0.88%
 
Financial Services - 3.70% - -
 
Investment Banking & Brokerage Services - - 3.13% -
 
Investment Services - - - 1.25%
 
Diversified Financial Services - - - 1.11%
 
Asset Managers & Custodians - - - 0.77%
 
Finance & Credit Services - - 0.53% -
 
Financial Data & Systems - - - 0.44%
 
Mortgage Finance - - - 0.06%
 
Consumer Lending - - - 0.03%
 
Mortgage Real Estate Investment Trusts - - 0.04% -
 
Mortgage REITs: Residential - - - 0.03%
 
Mortgage REITs: Diversified - - - 0.02%
 
Consumer Staples 6.62% - - -
 
Food, Beverage & Tobacco - 4.11% - -
 
Food Producers - - 2.05% -
 
Food Products - - - 1.87%
 
Fruit & Grain Processing - - - 0.10%
 
Farming, Fishing, Ranching & Plantations - - - 0.07%
 
Sugar - - - 0.00%
 
Beverages - - 1.54% -
 
Soft Drinks - - - 1.04%
 
Brewers - - - 0.28%
 
Distillers & Vintners - - - 0.22%
 
Tobacco - - 0.52% -
 
Tobacco - - - 0.52%
 
Personal Care, Drug & Grocery Stores - 2.51% - -
 
Personal Care, Drug & Grocery Stores - - 2.51% -
 
Personal Products - - - 1.48%
 
Food Retailers & Wholesalers - - - 0.53%
 
Drug Retailers - - - 0.37%
 
Nondurable Household Products - - - 0.13%
 
Telecommunications 3.87% - - -
 
Telecommunications - 3.87% - -
 
Telecommunications Service Providers - - 3.15% -
 
Telecommunications Services - - - 2.35%
 
Cable Television Services - - - 0.80%
 
Telecommunications Equipment - - 0.72% -
 
Telecommunications Equipment - - - 0.72%
 
Basic Materials 3.34% - - -
 
Chemicals - 2.01% - -
 
Chemicals - - 2.01% -
 
Chemicals: Diversified - - - 1.17%
 
Specialty Chemicals - - - 0.70%
 
Fertilizers - - - 0.11%
 
Chemicals & Synthetic Fibers - - - 0.03%
 
Basic Resources - 1.33% - -
 
Industrial Metals & Mining - - 0.71% -
 
General Mining - - - 0.29%
 
Iron & Steel - - - 0.20%
 
Metal Fabricating - - - 0.11%
 
Copper - - - 0.07%
 
Nonferrous Metals - - - 0.02%
 
Aluminum - - - 0.01%
 
Precious Metals & Mining - - 0.47% -
 
Gold Mining - - - 0.46%
 
Platinum & Precious Metals - - - 0.01%
 
Industrial Materials - - 0.15% -
 
Paper - - - 0.11%
 
Diversified Materials - - - 0.03%
 
Forestry - - - 0.02%
 
Utilities 3.25% - - -
 
Utilities - 3.25% - -
 
Electricity - - 2.15% -
 
Conventional Electricity - - - 2.07%
 
Alternative Electricity - - - 0.08%
 
Gas, Water & Multi-utilities - - 0.87% -
 
Multi-Utilities - - - 0.60%
 
Gas Distribution - - - 0.17%
 
Water - - - 0.09%
 
Waste & Disposal Services - - 0.22% -
 
Waste & Disposal Services - - - 0.22%
 
Real Estate 2.85% - - -
 
Real Estate - 2.85% - -
 
Real Estate Investment Trusts - - 2.06% -
 
Infrastructure REITs - - - 0.48%
 
Other Specialty REITs - - - 0.29%
 
Residential REITs - - - 0.29%
 
Retail REITs - - - 0.26%
 
Industrial REITs - - - 0.20%
 
Office REITs - - - 0.17%
 
Health Care REITs - - - 0.12%
 
Diversified REITs - - - 0.11%
 
Storage REITs - - - 0.08%
 
Timber REITs - - - 0.05%
 
Hotel & Lodging REITs - - - 0.02%
 
Real Estate Investment & Services - - 0.79% -
 
Real Estate Holding and Development - - - 0.61%
 
Real Estate Services - - - 0.18%
 
Energy 2.33% - - -
 
Energy - 2.33% - -
 
Non-Renewable Energy - - 2.23% -
 
Integrated Oil & Gas - - - 1.01%
 
Pipelines - - - 0.46%
 
Oil: Crude Producers - - - 0.35%
 
Oil Refining and Marketing - - - 0.26%
 
Oil Equipment & Services - - - 0.11%
 
Offshore Drilling & Other Services - - - 0.04%
 
Coal - - - 0.01%
 
Renewable Energy - - 0.09% -
 
Renewable Energy Equipment - - - 0.09%
 
Cash and Equivalents 0.17% - - -
 
Alternative Trading Strategies 0.10% - - -
 
Alternative Trading Strategies - 0.10% - -
 
Alternative Trading Strategies - - 0.10% -
 
Alternative Trading Strategies - - - 0.10%
 
Bonds 0.09% - - -
 
Non-Classified 0.08% - - -
 
Non-Classified - 0.02% - -
 
Non-Classified - - 0.02% -
 
Non-Classified - - - 0.02%

Regional Allocation

pie chart
  North America 66.80%
  Developed Europe - Excl UK 17.37%
  Japan 8.75%
  Australia & New Zealand 2.27%
  Emerging Asia 1.73%
  Developed Asia 1.40%
  Other Regions 1.69%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.91%
  Swedish Krona 0.03%
  US Dollar 0.02%
  Swiss Franc 0.02%
  Norwegian Krone 0.01%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 66.80% -
 
United States - 63.84%
 
Canada - 2.96%
 
Developed Europe - Excl UK 17.37% -
 
Switzerland - 3.45%
 
Germany - 3.06%
 
France - 3.05%
 
Netherlands - 1.84%
 
Ireland - 1.57%
 
Sweden - 1.08%
 
Denmark - 0.78%
 
Spain - 0.72%
 
Italy - 0.61%
 
Finland - 0.45%
 
Belgium - 0.32%
 
Norway - 0.19%
 
Luxembourg - 0.13%
 
Portugal - 0.05%
 
Austria - 0.05%
 
Japan 8.75% -
 
Japan - 8.75%
 
Australia & New Zealand 2.27% -
 
Australia - 2.10%
 
New Zealand - 0.12%
 
New Caledonia - 0.05%
 
Emerging Asia 1.73% -
 
South Korea - 1.72%
 
Papua New Guinea - 0.01%
 
Developed Asia 1.40% -
 
Hong Kong - 1.03%
 
Singapore - 0.37%
 
Property 1.01% -
 
Middle East & Africa 0.19% -
 
Israel - 0.19%
 
Cash and Equivalents 0.17% -
 
UK 0.13% -
 
United Kingdom - 0.13%
 
Emerging Europe 0.08% -
 
Poland - 0.08%
 
Non-Classified 0.10% -

Breakdown By Market Cap (%)

Mega
 
 
73.91%
Large
 
 
19.48%
Medium
 
 
3.58%
Small
 
 
0.06%
Non-Classified
 
 
2.72%
Bonds
 
 
0.09%
Cash
 
 
0.17%

Top 10 Holdings

Stock % Weight Sector Country
1 APPLE INC 4.25% Technology Hardware & Equipment United States
2 MICROSOFT CORP 3.58% Software & Computer Services United States
3 AMAZON.COM INC 3.03% Retailers United States
4 FACEBOOK INC 1.43% Software & Computer Services United States
5 ALPHABET INC 1.00% Software & Computer Services United States
6 ALPHABET INC 0.99% Software & Computer Services United States
7 JOHNSON & JOHNSON 0.90% Pharmaceuticals & Biotechnology United States
8 PROCTER & GAMBLE CO 0.77% Personal Care, Drug & Grocery Stores United States
9 VISA INC 0.77% Industrial Support Services United States
10 NESTLE SA 0.75% Food Producers Switzerland

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.05% 22.59% - - - - - - 22.64%
Telecommunications 0.03% 3.84% - - - - - - 3.87%
Financials - 11.63% - 0.06% - 0.02% - - 11.71%
Real Estate - 1.85% - - - 0.99% - - 2.85%
Consumer Discretionary 0.01% 15.69% - 0.02% - - - - 15.72%
Consumer Staples 0.02% 6.60% - 0.01% - - - - 6.62%
Energy 0.01% 2.32% - - - - - - 2.33%
Utilities - 3.25% - - - - - - 3.25%
Health Care - 13.18% - - - - - - 13.18%
Industrials 0.02% 14.13% - - - - - - 14.15%
Basic Materials - 3.34% - - - - - - 3.34%
Cash and Equivalents - - - - - - - 0.07% 0.07%
Non-Classified - 0.05% - - - - 0.13% 0.10% 0.28%

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Identification Codes

Sedol Code B08ZTN2
Mex Code PUGAWX
Isin Code GB00B08ZTN23
Citi Code UO42

Fund Charges

Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the BlackRock Aquila Life World (ex-UK) Equity Index Fund - the underlying fund. Underlying Fund Objective: The fund invests in the shares of overseas companies, according to market capitalisation weightings. Within each of those markets, the fund aims to generate returns consistent with those of each country’s primary share market. The fund aims to achieve a return in line with the FTSE All-World Developed ex-UK Index.
Benchmark FTSE All-World Developed ex-UK Index
ABI Sector Global Equities

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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.

These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.

We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.

You should also consider discussing your decision and the appropriateness of a fund's risk rating with an adviser.

  • Higher Risk
  • Medium to Higher Risk
  • Medium Risk
  • Lower to Medium Risk
  • Lower Risk
  • Minimal Risk

Medium to Higher Risk

These funds offer a diverse geographical spread of equity investment or have multi-asset strategies with a specialist focus (e.g. ethical). The equity funds within this category will have greater overseas exposure and underlying volatility than the "medium" sector.

Help

Important Information

This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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 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 intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.