Pru Life Fidelity MoneyBuilder Income S2

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet

Performance

Discrete Performance - to last month end

30/04/12 to 30/04/13 30/04/11 to 30/04/12 30/04/10 to 30/04/11 30/04/09 to 30/04/10 30/04/08 to 30/04/09
Fund 10.64% 5.15% 4.12% - -
Sector 11.44% 3.65% 4.67% 25.79% -11.70%
Rank 144/182 60/178 161/173 - -
Quartile 4 2 4 - -

Annualised Performance

3Y 5Y 10Y
Fund 6.60% - -
Sector 6.53% 6.07% 4.03%
Rank 139/173 - -
Quartile 4 - -

Top 10 Holdings

Stock % Weight
European Investment Bank 6% 2028 2.41
3½% War Loan 1.83
Fidelity Offshore Institutional Liquidity Class A 1.50
ABBEY NATL TR EMTN 5.125% 4/21 1.49
CPUK FINANCE EMTN 4.811% 2/17 1.30
ASPIRE DEF 4.674% 03/31/40 A 1.16
BARCLAYS BK EMTN 4.25% 1/12/22 1.09
GLAXO CAP EMTN 3.375 12/27 1.08
CO-OP BANK PLC 4.75% 11/11/21 1.07
GREAT ROLLING EMTN 6.875% 7/35 1.07
Total 14.00

Fund Aims

The investment strategy of the fund is to purchase units in the Fidelity MoneyBuilder Income Fund. That fund aims to achieve an attractive level of income from a portfolio primarily invested in sterling denominated fixed interest securities.

Fund Manager

Ian Spreadbury

Photo of Ian Spreadbury Ian Spreadbury has over 30 years of investment experience, having started his career in 1978. Ian joined Fidelity in 1995 as a Senior Portfolio Manager. Previously, he was working as Senior Portfolio Manager (Bonds), Legal & General (1985-1995), Underwriter (pensions), Legal & General (1982-85), Assistant Actuary (Pensions) Legal & General (1981-82), and as Employee Benefit Consultant at Sedgwick Forbes from 1978 to 1981. He has a BSc in Pure & Applied Mathematics from University College of North Wales and an MSc in Mathematical Statistics from University of Sussex. He is also a Fellow of the Institute of Actuaries. Ian Spreadbury has been named in FE Trustnets' list of Alpha Managers 2012. He has been placed in the list of managers every year since its inception in 2009. The 160 managers on the list, selected from 1100 eligible managers, are rated on their risk-adjusted alpha, distinguishing those who are best able to navigate all phases of the market cycle. He was also named 'Outstanding Investor' in the OBSR (Old Broad Street Research) Awards 2011.

Fund Overview

Bid (21/05/2013) 116.80
Offer (21/05/2013) 122.90
Fund size £4.08m
Underlying Fund size £3333.22m
Number of holdings 371
Annual management charge 1.15%
Launch date 25/01/2010

Equity Sector Allocation

FTSE/ICB Supersector % Weight
Investment Grade Corp Bonds 49.05
Bonds 35.25
Government 6.79
High Yield Corporate Bond 6.67
Managed Funds 1.50
Non-Classified 0.78
Mortgage backed securities 0.10
Banks 0.00
Cash and Equivalents -0.14
Portfolio data accurate as at: 28/02/13

Important Information

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund performance is based upon the movement of the daily price. Performance figures show total return with net income reinvested in GBP. The value of your investment may go down as well as up and your fund value may be less than the payments you have made. This data is for information purposes only. If there is information or teminology 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 Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from it's usage. The registered office of Prudential is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454. The registered office of Prudential is at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454.

Asset Allocation

pie chart
  UK Corporate Bonds 59.73%
  International Bonds 34.17%
  UK Gilts 3.96%
  Managed Funds 1.50%
  International Equities 0.00%
  Cash and Equivalents -0.14%
  Other 0.78%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Basic Materials 0.35% - - -
 
 Basic Resources - 0.35% - -
 
 Mining - - 0.35% -
 
 Gold Mining - - - 0.29%
 
 General Mining - - - 0.06%
 
 Consumer Goods 2.91% - - -
 
 Personal & Household Goods - 2.04% - -
 
 Tobacco - - 2.04% -
 
 Tobacco - - - 2.04%
 
 Food & Beverage - 0.87% - -
 
 Beverages - - 0.59% -
 
 Brewers - - - 0.59%
 
 Food Producers - - 0.28% -
 
 Food Products - - - 0.28%
 
 Consumer Services 4.72% - - -
 
 Travel & Leisure - 2.91% - -
 
 Travel & Leisure - - 2.91% -
 
 Restaurants & Bars - - - 1.70%
 
 Travel & Tourism - - - 0.76%
 
 Recreational Services - - - 0.28%
 
 Hotels - - - 0.11%
 
 Gambling - - - 0.07%
 
 Retail - 0.95% - -
 
 General Retailers - - 0.65% -
 
 Specialized Consumer Services - - - 0.65%
 
 Food & Drug Retailers - - 0.30% -
 
 Food Retailers & Wholesalers - - - 0.30%
 
 Media - 0.85% - -
 
 Media - - 0.85% -
 
 Broadcasting & Entertainment - - - 0.67%
 
 Publishing - - - 0.19%
 
 Financials 18.27% - - -
 
 Banks - 7.47% - -
 
 Banks - - 7.47% -
 
 Banks - - - 7.47%
 
 Financial Services - 5.27% - -
 
 Financial Services - - 4.77% -
 
 Specialty Finance - - - 4.24%
 
 Asset Managers - - - 0.37%
 
 Investment Services - - - 0.11%
 
 Consumer Finance - - - 0.05%
 
 Insurance - 3.37% - -
 
 Life Insurance - - 2.12% -
 
 Life Insurance - - - 2.12%
 
 Nonlife Insurance - - 1.25% -
 
 Full Line Insurance - - - 0.65%
 
 Insurance Brokers - - - 0.27%
 
 Property & Casualty Insurance - - - 0.23%
 
 Reinsurance - - - 0.10%
 
 Real Estate - 2.16% - -
 
 Real Estate Investment & Services - - 2.10% -
 
 Real Estate Services - - - 2.10%
 
 Real Estate Investment Trusts - - 0.06% -
 
 Retail REITs - - - 0.06%
 
 Health Care 0.16% - - -
 
 Health Care - 0.16% - -
 
 Pharmaceuticals & Biotechnology - - 0.11% -
 
 Pharmaceuticals - - - 0.11%
 
 Health Care Equipment & Services - - 0.05% -
 
 Health Care Providers - - - 0.05%
 
 Industrials 2.44% - - -
 
 Industrial Goods & Services - 2.44% - -
 
 Industrial Transportation - - 1.22% -
 
 Railroads - - - 0.96%
 
 Marine Transportation - - - 0.26%
 
 General Industrials - - 1.22% -
 
 Diversified Industrials - - - 1.22%
 
 Oil & Gas 0.28% - - -
 
 Oil & Gas - 0.28% - -
 
 Oil & Gas Producers - - 0.28% -
 
 Integrated Oil & Gas - - - 0.21%
 
 Oil & Gas Exploration & Production - - - 0.08%
 
 Telecommunications 2.22% - - -
 
 Telecommunications - 2.22% - -
 
 Fixed Line Telecommunications - - 1.23% -
 
 Fixed Line Telecommunications - - - 1.23%
 
 Mobile Telecommunications - - 1.00% -
 
 Mobile Telecommunications - - - 1.00%
 
 Utilities 6.80% - - -
 
 Utilities - 6.80% - -
 
 Gas, Water & Multiutilities - - 4.03% -
 
 Water - - - 2.97%
 
 Gas Distribution - - - 0.90%
 
 Multiutilities - - - 0.16%
 
 Electricity - - 2.77% -
 
 Conventional Electricity - - - 2.56%
 
 Alternative Electricity - - - 0.21%
 
 Equities 0.00% - - -
 
 Government 3.46% - - -
 
 Government - 3.46% - -
 
 Government - - 3.46% -
 
 Government - - - 3.46%
 
 Corporate Bonds 20.90% - - -
 
 Corporate Bonds - 20.90% - -
 
 Corporate Bonds - - 20.90% -
 
 Corporate Bonds - - - 20.90%
 
 Mortgage Backed securities 0.10% - - -
 
 Mortgage backed securities - 0.10% - -
 
 Mortgage backed securities - - 0.10% -
 
 Mortgage backed securities - - - 0.10%
 
 Managed Funds 1.50% - - -
 
 Managed Funds - 1.50% - -
 
 Managed Funds - - 1.50% -
 
 Managed Funds - - - 1.50%
 
 Non-Classified 36.03% - - -
 
 Cash and Equivalents -0.14% - - -

Regional and Currency Allocation

pie chart
  UK 63.99%
  Developed Europe - Excl UK 22.06%
  North America 7.87%
  Non-Classified 3.40%
  Managed Fund 1.50%
  Australia & New Zealand 0.57%
  Other 0.61%
pie chart
  Pound Sterling 84.94%
  Euro 7.84%
  US Dollar 5.09%
  Non-debt 2.28%
  Cash -0.14%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 63.99% -
 
 United Kingdom - 63.99%
 
 Developed Europe - Excl UK 22.06% -
 
 Netherlands - 5.40%
 
 France - 4.16%
 
 Luxembourg - 3.42%
 
 Ireland - 2.59%
 
 Italy - 2.06%
 
 Spain - 2.06%
 
 Belgium - 0.59%
 
 Germany - 0.57%
 
 Switzerland - 0.49%
 
 Norway - 0.41%
 
 Denmark - 0.32%
 
 North America 7.87% -
 
 United States - 7.61%
 
 Canada - 0.26%
 
 Non-Classified 3.40% -
 
 Managed Fund 1.50% -
 
 Australia & New Zealand 0.57% -
 
 Australia - 0.57%
 
 South & Central America 0.54% -
 
 Mexico - 0.45%
 
 Colombia - 0.08%
 
 Emerging Europe 0.21% -
 
 Russian Federation - 0.21%
 
 Emerging Asia 0.00% -
 
 Kazakhstan - 0.00%
 
 Cash and Equivalents -0.14% -

Breakdown By Market Cap (%)

Mega
 
 
0.00%
Large
 
 
0.00%
Medium
 
 
0.00%
Small
 
 
0.00%
Micro
 
 
0.00%
Non-Classified
 
 
2.28%
Bonds
 
 
97.86%
Cash
 
-0.14%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
13.52%
5Yr - 10Yr Maturity
 
 
33.24%
10Yr - 15Yr Maturity
 
 
16.30%
> 15Yr Maturity
 
 
34.81%
Cash And Equivalents
 
-0.14%
Unknown
 
 
0.79%
Other
 
 
1.49%

Fixed Interest Quality Profile

AAA
 
 
16.44%
AA
 
 
5.65%
A
 
 
19.40%
BBB
 
 
48.05%
BB
 
 
4.01%
B
 
 
1.55%
CCC
 
 
0.70%
Other
 
 
4.20%

Top 10 Holdings

Stock % Weight Sector Country
1 European Investment Bank 6% 2028 2.41% Banks Luxembourg
2 3½% War Loan 1.83% Bonds United Kingdom
3 Fidelity Offshore Institutional Liquidity Class A 1.50% Managed Funds Managed Funds
4 ABBEY NATL TR EMTN 5.125% 4/21 1.49% Bonds United Kingdom
5 CPUK FINANCE EMTN 4.811% 2/17 1.30% Bonds United Kingdom
6 ASPIRE DEF 4.674% 03/31/40 A 1.16% Financial Services United Kingdom
7 BARCLAYS BK EMTN 4.25% 1/12/22 1.09% Bonds United Kingdom
8 GLAXO CAP EMTN 3.375 12/27 1.08% Bonds United Kingdom
9 CO-OP BANK PLC 4.75% 11/11/21 1.07% Bonds United Kingdom
10 GREAT ROLLING EMTN 6.875% 7/35 1.07% Bonds United Kingdom
Portfolio data accurate as at: 28/02/13

Important Information

The Industry Classification Benchmark is a joint product of FTSE International Limited and Dow Jones & Company, Inc and has been licensed for use. This data 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 Funds Library, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B5BPKY2
Mex Code PUFDLT
Isin Code GB00B5BPKY25
Citi Code I3A3

Charges

Annual management charge 1.15%

Aims and Benchmark

Benchmark Merrill Lynch Eurosterling Index (NUK)
ABI Sector Sterling Corporate Bond
Aims The investment strategy of the fund is to purchase units in the Fidelity MoneyBuilder Income Fund. That fund aims to achieve an attractive level of income from a portfolio primarily invested in sterling denominated fixed interest securities.

Fund Background

Launch date 25/01/2010

Ratings

OBSR OBSR rating of Gold
FE Crown Crown Rating of 4