Prudential Japan Equity Passive 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 30.9% 11.0% 14.2% -0.2% 1.3%
Benchmark 31.3% 11.4% 13.9% 0.3% 2.6%

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 2.1% 4.9% 10.9% 8.6%
Benchmark 2.4% 5.4% 11.4% 8.9%

Top 10 Holdings

Stock % Weight
TOYOTA MOTOR CORP 4.21
SONY CORP 2.66
SOFTBANK GROUP CORP 2.52
KEYENCE CORP 2.10
NINTENDO CO 1.59
SHIN-ETSU CHEMICAL CO 1.39
DAIICHI SANKYO CO LTD 1.35
DAIKIN INDUSTRIES 1.30
MITSUBISHI UFJ FINANCIAL GROUP 1.29
TAKEDA PHARMACEUTICAL CO 1.26
Total 19.68

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Passive Fund - the underlying fund.

Underlying Fund Objective: The fund invests in the shares of Japanese companies. The fund is passively managed against its benchmark, the FTSE Japan Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index.

Performance Objective: To match the performance of the benchmark as closely as possible.

Fund Manager

Richard O'Connor manager of the underlying fund for 15 years and 5 months

Photo of Richard O'Connor Richard O’Connor joined Prudential Group in July 2002 and is an index fund manager with responsibility for some 15 funds. He is also fund manager of the M&G Global Real Estate Securities Fund. He joined the business from Goldman Sachs where he worked as a consultant to the fixed income derivatives department. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management (South Africa) in a research analyst role, which he held for more than three years. Richard graduated with an honours degree in investment management from Rand Afrikaans University and a bachelor of commerce degree from the University of Natal.

Fund Overview

Daily price (27/11/2020) 291.00
Fund size (30/09/2020) £7.61m
Underlying Fund size £26.58m
Number of holdings 371
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 31/03/2004

Asset Allocation

pie chart
  International Equities 98.53%
  Cash and Equivalents 1.08%
  Property 0.18%
  Other Assets 0.22%

Performance comment

Performance as at Q2 2020 - While still volatile by historic standards, the second quarter saw some relative calm return to the Japanese stockmarket following the chaos experienced in March. Significant central bank and government intervention had a stabilising effect, as did some indications that the COVID-19 pandemic was coming under control. Although the Japanese government reduced the stringency of the lockdown as the quarter progressed, it is clear from the business confidence surveys of the manufacturing and services sectors that the economy will have contracted sharply in the second quarter. Despite the negative economic news, Japanese company shares rose sharply; noteworthy was the outperformance of small-cap over large-cap stocks, which suggests a return of investor risk appetite.

Source: M&G

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 98.53%
  Cash and Equivalents 1.08%
  Property 0.18%
  Other Assets 0.22%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Industrials 23.48% - - -
 
Industrial Goods & Services - 20.61% - -
 
Industrial Engineering - - 4.68% -
 
Machinery: Industrial - - - 3.08%
 
Machinery: Construction & Handling - - - 0.78%
 
Machinery: Agricultural - - - 0.51%
 
Machinery: Tools - - - 0.16%
 
Machinery: Specialty - - - 0.15%
 
Electronic & Electrical Equipment - - 4.44% -
 
Electronic Equipment: Gauges & Meters - - - 3.52%
 
Electrical Components - - - 0.74%
 
Electronic Equipment: Pollution Control - - - 0.13%
 
Electronic Equipment: Other - - - 0.05%
 
Industrial Transportation - - 4.15% -
 
Railroads - - - 2.73%
 
Delivery Services - - - 0.59%
 
Commercial Vehicles & Parts - - - 0.29%
 
Marine Transportation - - - 0.27%
 
Trucking - - - 0.15%
 
Transportation Services - - - 0.11%
 
General Industrials - - 3.69% -
 
Diversified Industrials - - - 2.92%
 
Paints & Coatings - - - 0.47%
 
Glass - - - 0.17%
 
Containers & Packaging - - - 0.12%
 
Industrial Support Services - - 3.66% -
 
Business Training & Employment Agencies - - - 1.39%
 
Industrial Suppliers - - - 1.20%
 
Security Services - - - 0.56%
 
Transaction Processing Services - - - 0.28%
 
Forms & Bulk Printing Services - - - 0.23%
 
Construction & Materials - 2.87% - -
 
Construction & Materials - - 2.87% -
 
Building: Climate Control - - - 1.30%
 
Construction - - - 0.71%
 
Building Materials: Other - - - 0.38%
 
Engineering & Contracting Services - - - 0.32%
 
Cement - - - 0.17%
 
Consumer Discretionary 23.10% - - -
 
Consumer Products & Services - 9.39% - -
 
Leisure Goods - - 6.82% -
 
Consumer Electronics - - - 3.31%
 
Electronic Entertainment - - - 2.33%
 
Recreational Products - - - 0.65%
 
Toys - - - 0.37%
 
Recreational Vehicles & Boats - - - 0.11%
 
Photography - - - 0.06%
 
Household Goods & Home Construction - - 1.42% -
 
Home Construction - - - 0.99%
 
Household Equipment & Products - - - 0.28%
 
Household Appliance - - - 0.14%
 
Personal Goods - - 1.06% -
 
Cosmetics - - - 0.95%
 
Clothing & Accessories - - - 0.11%
 
Consumer Services - - 0.10% -
 
Education Services - - - 0.10%
 
Automobiles & Parts - 8.72% - -
 
Automobiles & Parts - - 8.72% -
 
Automobiles - - - 6.37%
 
Auto Parts - - - 1.77%
 
Tires - - - 0.58%
 
Retail - 3.24% - -
 
Retailers - - 3.24% -
 
Diversified Retailers - - - 1.62%
 
Apparel Retailers - - - 1.01%
 
Home Improvement Retailers - - - 0.36%
 
Specialty Retailers - - - 0.25%
 
Travel & Leisure - 1.32% - -
 
Travel & Leisure - - 1.32% -
 
Recreational Services - - - 0.69%
 
Travel & Tourism - - - 0.31%
 
Airlines - - - 0.17%
 
Casinos & Gambling - - - 0.15%
 
Media - 0.42% - -
 
Media - - 0.42% -
 
Media Agencies - - - 0.26%
 
Entertainment - - - 0.09%
 
Radio & TV Broadcasters - - - 0.08%
 
Health Care 10.72% - - -
 
Health Care - 10.72% - -
 
Pharmaceuticals & Biotechnology - - 6.90% -
 
Pharmaceuticals - - - 6.90%
 
Medical Equipment & Services - - 3.10% -
 
Medical Equipment - - - 1.89%
 
Medical Supplies - - - 1.08%
 
Medical Services - - - 0.13%
 
Health Care Providers - - 0.72% -
 
Health Care Services - - - 0.72%
 
Technology 10.63% - - -
 
Technology - 10.63% - -
 
Technology Hardware & Equipment - - 8.19% -
 
Electronic Components - - - 3.89%
 
Production Technology Equipment - - - 1.59%
 
Electronic Office Equipment - - - 1.21%
 
Computer Hardware - - - 1.04%
 
Semiconductors - - - 0.46%
 
Software & Computer Services - - 2.44% -
 
Computer Services - - - 1.14%
 
Consumer Digital Services - - - 0.91%
 
Software - - - 0.39%
 
Financials 8.68% - - -
 
Banks - 4.54% - -
 
Banks - - 4.54% -
 
Banks - - - 4.54%
 
Insurance - 2.29% - -
 
Non-life Insurance - - 1.42% -
 
Property & Casualty Insurance - - - 1.42%
 
Life Insurance - - 0.86% -
 
Life Insurance - - - 0.86%
 
Financial Services - 1.85% - -
 
Investment Banking & Brokerage Services - - 1.27% -
 
Investment Services - - - 0.94%
 
Diversified Financial Services - - - 0.17%
 
Asset Managers & Custodians - - - 0.15%
 
Finance & Credit Services - - 0.58% -
 
Mortgage Finance - - - 0.46%
 
Consumer Lending - - - 0.12%
 
Telecommunications 6.58% - - -
 
Telecommunications - 6.58% - -
 
Telecommunications Service Providers - - 6.55% -
 
Telecommunications Services - - - 6.45%
 
Cable Television Services - - - 0.10%
 
Telecommunications Equipment - - 0.04% -
 
Telecommunications Equipment - - - 0.04%
 
Consumer Staples 6.52% - - -
 
Food, Beverage & Tobacco - 3.63% - -
 
Food Producers - - 1.97% -
 
Food Products - - - 1.97%
 
Beverages - - 1.08% -
 
Brewers - - - 0.71%
 
Soft Drinks - - - 0.22%
 
Distillers & Vintners - - - 0.16%
 
Tobacco - - 0.58% -
 
Tobacco - - - 0.58%
 
Personal Care, Drug & Grocery Stores - 2.89% - -
 
Personal Care, Drug & Grocery Stores - - 2.89% -
 
Personal Products - - - 1.62%
 
Food Retailers & Wholesalers - - - 0.66%
 
Drug Retailers - - - 0.61%
 
Basic Materials 4.98% - - -
 
Chemicals - 4.02% - -
 
Chemicals - - 4.02% -
 
Chemicals: Diversified - - - 3.25%
 
Specialty Chemicals - - - 0.42%
 
Chemicals & Synthetic Fibers - - - 0.35%
 
Basic Resources - 0.96% - -
 
Industrial Metals & Mining - - 0.84% -
 
Iron & Steel - - - 0.42%
 
Metal Fabricating - - - 0.25%
 
Nonferrous Metals - - - 0.18%
 
Industrial Materials - - 0.12% -
 
Paper - - - 0.12%
 
Real Estate 2.01% - - -
 
Real Estate - 2.01% - -
 
Real Estate Investment & Services - - 1.75% -
 
Real Estate Holding and Development - - - 1.75%
 
Real Estate Investment Trusts - - 0.26% -
 
Industrial REITs - - - 0.10%
 
Office REITs - - - 0.09%
 
Residential REITs - - - 0.08%
 
Utilities 1.46% - - -
 
Utilities - 1.46% - -
 
Electricity - - 0.90% -
 
Conventional Electricity - - - 0.90%
 
Gas, Water & Multi-utilities - - 0.56% -
 
Gas Distribution - - - 0.56%
 
Cash and Equivalents 1.08% - - -
 
Energy 0.54% - - -
 
Energy - 0.54% - -
 
Non-Renewable Energy - - 0.54% -
 
Oil Refining and Marketing - - - 0.28%
 
Oil: Crude Producers - - - 0.14%
 
Integrated Oil & Gas - - - 0.12%
 
Non-Classified 0.22% - - -
 
Non-Classified - 0.22% - -
 
Non-Classified - - 0.22% -
 
Non-Classified - - - 0.22%

Regional Allocation

pie chart
  Japan 98.53%
  Cash and Equivalents 1.08%
  Non-Classified 0.22%
  Property 0.18%

Regional Breakdown

Expand allCollapse all
Region Country
 
Japan 98.53% -
 
Japan - 98.53%
 
Cash and Equivalents 1.08% -
 
Non-Classified 0.22% -
 
Property 0.18% -

Breakdown By Market Cap (%)

Mega
 
 
47.98%
Large
 
 
30.85%
Medium
 
 
18.51%
Small
 
 
0.34%
Non-Classified
 
 
1.25%
Cash
 
 
1.08%

Top 10 Holdings

Stock % Weight Sector Country
1 TOYOTA MOTOR CORP 4.21% Automobiles & Parts Japan
2 SONY CORP 2.66% Leisure Goods Japan
3 SOFTBANK GROUP CORP 2.52% Telecommunications Service Providers Japan
4 KEYENCE CORP 2.10% Electronic & Electrical Equipment Japan
5 NINTENDO CO 1.59% Leisure Goods Japan
6 SHIN-ETSU CHEMICAL CO 1.39% Chemicals Japan
7 DAIICHI SANKYO CO LTD 1.35% Pharmaceuticals & Biotechnology Japan
8 DAIKIN INDUSTRIES 1.30% Construction & Materials Japan
9 MITSUBISHI UFJ FINANCIAL GROUP 1.29% Banks Japan
10 TAKEDA PHARMACEUTICAL CO 1.26% Pharmaceuticals & Biotechnology Japan

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 10.63% - - - - - - 10.63%
Telecommunications - 6.58% - - - - - - 6.58%
Financials - 8.68% - - - - - - 8.68%
Real Estate - 1.84% - - - 0.18% - - 2.01%
Consumer Discretionary - 23.10% - - - - - - 23.10%
Consumer Staples - 6.52% - - - - - - 6.52%
Energy - 0.54% - - - - - - 0.54%
Utilities - 1.46% - - - - - - 1.46%
Health Care - 10.72% - - - - - - 10.72%
Industrials - 23.48% - - - - - - 23.48%
Basic Materials - 4.98% - - - - - - 4.98%
Cash and Equivalents - - - - - - - 1.08% 1.08%
Non-Classified - - - - - - 0.22% - 0.22%

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 3424801
Mex Code PUPUSH
Isin Code GB0034248012
Citi Code P541

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 M&G PP Japan Equity Passive Fund - the underlying fund. Underlying Fund Objective: The fund invests in the shares of Japanese companies. The fund is passively managed against its benchmark, the FTSE Japan Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index. Performance Objective: To match the performance of the benchmark as closely as possible.
Benchmark FTSE Japan Index
ABI Sector Japan 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

Higher Risk

These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.

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.