PIA HSBC Islamic Global Equity Index USD Ser B
Performance
Discrete performance - to last month end
| 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 | 1.5% | 47.8% | 15.4% | -12.5% | 32.8% |
| Sector | -12.4% | 53.4% | 3.0% | -9.0% | 19.3% |
| Rank | 11/398 | 303/418 | 4/451 | 409/497 | 20/509 |
| Quartile | 1 | 3 | 1 | 4 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | 10.3% | 15.0% | 11.1% | |
| Sector | 3.8% | 8.5% | 5.8% | |
| Rank | 9/449 | 2/397 | 2/255 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MICROSOFT CORP | 7.57 |
| APPLE | 7.27 |
| AMAZON.COM | 4.48 |
| ALPHABET INC | 3.19 |
| ALPHABET INC | 2.87 |
| TESLA | 2.71 |
| JOHNSON & JOHNSON | 2.45 |
| EXXON MOBIL CORP | 2.45 |
| NVIDIA CORP | 2.20 |
| VISA | 1.88 |
| Total | 37.06 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the HSBC Islamic Global Equity Index (USD) - the underlying fund.
Underlying Fund Objective: The fund aims to track as closely as possible the performance of the Dow Jones Islamic Market Titans 100 Index (the Islamic Index). The Index is comprised of the shares of companies in emerging and developed markets that are based anywhere in the world. The fund will be passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index. The shares are selected by filtering the Index universe through screens for business activities and financial ratios to remove stocks that are not Shariah compliant. The fund will only invest in shares of companies that meet Shariah compliance principles as interpreted or approved by the Shariah Committee. The Shariah Committee monitors the fund throughout the year and issues an annual Shariah certificate on the fund's compliance with Shariah principles. This certificate is included in the annual report of the fund as confirmation of the Shariah compliance for that year. The fund will not invest in derivatives.
Fund Manager
N/A
Fund Overview
| Bid (19/04/2024) | 4.14 |
| Offer (19/04/2024) | 4.36 |
| Fund size (31/03/2024) | $1.17m |
| Underlying Fund size | £909.21m |
| Number of holdings | 129 |
| Launch date | 28/10/2005 |
Fund Charges
| Annual Management Charge (AMC) | 1.33% |
| Further Costs | 0.15% |
| Yearly Total | 1.48% |
Asset Allocation
| International Equities | 96.34% | |
| UK Equities | 2.80% | |
| Cash and Equivalents | 2.56% | |
| Other Assets | -1.70% |
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 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.
Asset Allocation
| International Equities | 96.34% | |
| UK Equities | 2.80% | |
| Cash and Equivalents | 2.56% | |
| Other Assets | -1.70% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 38.01% | - | - | - | |
| Technology | - | 38.01% | - | - | |
| Software & Computer Services | - | - | 19.91% | - | |
| Software | - | - | - | 10.24% | |
| Consumer Digital Services | - | - | - | 9.28% | |
| Computer Services | - | - | - | 0.39% | |
| Technology Hardware & Equipment | - | - | 18.09% | - | |
| Computer Hardware | - | - | - | 8.47% | |
| Semiconductors | - | - | - | 7.54% | |
| Production Technology Equipment | - | - | - | 1.90% | |
| Electronic Components | - | - | - | 0.18% | |
| Health Care | 18.93% | - | - | - | |
| Health Care | - | 18.93% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 14.31% | - | |
| Pharmaceuticals | - | - | - | 14.12% | |
| Biotechnology | - | - | - | 0.19% | |
| Medical Equipment & Services | - | - | 4.61% | - | |
| Medical Equipment | - | - | - | 4.15% | |
| Medical Supplies | - | - | - | 0.47% | |
| Consumer Discretionary | 15.66% | - | - | - | |
| Retail | - | 10.08% | - | - | |
| Retailers | - | - | 10.08% | - | |
| Diversified Retailers | - | - | - | 7.44% | |
| Home Improvement Retailers | - | - | - | 2.45% | |
| Apparel Retailers | - | - | - | 0.19% | |
| Automobiles & Parts | - | 2.71% | - | - | |
| Automobiles & Parts | - | - | 2.71% | - | |
| Automobiles | - | - | - | 2.71% | |
| Consumer Products & Services | - | 1.97% | - | - | |
| Personal Goods | - | - | 1.72% | - | |
| Footwear | - | - | - | 0.73% | |
| Cosmetics | - | - | - | 0.46% | |
| Luxury Items | - | - | - | 0.33% | |
| Clothing & Accessories | - | - | - | 0.21% | |
| Leisure Goods | - | - | 0.26% | - | |
| Electronic Entertainment | - | - | - | 0.26% | |
| Travel & Leisure | - | 0.61% | - | - | |
| Travel & Leisure | - | - | 0.61% | - | |
| Restaurants & Bars | - | - | - | 0.61% | |
| Media | - | 0.27% | - | - | |
| Media | - | - | 0.27% | - | |
| Publishing | - | - | - | 0.27% | |
| Industrials | 9.22% | - | - | - | |
| Industrial Goods & Services | - | 8.79% | - | - | |
| Industrial Support Services | - | - | 4.95% | - | |
| Transaction Processing Services | - | - | - | 3.68% | |
| Professional Business Support Services | - | - | - | 1.00% | |
| Business Training & Employment Agencies | - | - | - | 0.27% | |
| Industrial Transportation | - | - | 1.46% | - | |
| Railroads | - | - | - | 0.73% | |
| Delivery Services | - | - | - | 0.73% | |
| Electronic & Electrical Equipment | - | - | 1.24% | - | |
| Electrical Components | - | - | - | 0.82% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.42% | |
| General Industrials | - | - | 1.14% | - | |
| Diversified Industrials | - | - | - | 1.14% | |
| Construction & Materials | - | 0.43% | - | - | |
| Construction & Materials | - | - | 0.43% | - | |
| Building: Climate Control | - | - | - | 0.24% | |
| Building Materials: Other | - | - | - | 0.19% | |
| Consumer Staples | 7.09% | - | - | - | |
| Food, Beverage & Tobacco | - | 4.34% | - | - | |
| Beverages | - | - | 2.63% | - | |
| Soft Drinks | - | - | - | 2.63% | |
| Food Producers | - | - | 1.70% | - | |
| Food Products | - | - | - | 1.70% | |
| Personal Care, Drug & Grocery Stores | - | 2.76% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.76% | - | |
| Personal Products | - | - | - | 2.50% | |
| Nondurable Household Products | - | - | - | 0.26% | |
| Energy | 5.59% | - | - | - | |
| Energy | - | 5.59% | - | - | |
| Non-Renewable Energy | - | - | 5.59% | - | |
| Integrated Oil & Gas | - | - | - | 4.17% | |
| Oil: Crude Producers | - | - | - | 0.81% | |
| Oil Refining and Marketing | - | - | - | 0.60% | |
| Basic Materials | 2.93% | - | - | - | |
| Chemicals | - | 1.51% | - | - | |
| Chemicals | - | - | 1.51% | - | |
| Chemicals: Diversified | - | - | - | 1.15% | |
| Specialty Chemicals | - | - | - | 0.37% | |
| Basic Resources | - | 1.42% | - | - | |
| Industrial Metals & Mining | - | - | 1.42% | - | |
| General Mining | - | - | - | 1.42% | |
| Cash and Equivalents | 2.56% | - | - | - | |
| Telecommunications | 1.08% | - | - | - | |
| Telecommunications | - | 1.08% | - | - | |
| Telecommunications Equipment | - | - | 1.08% | - | |
| Telecommunications Equipment | - | - | - | 1.08% | |
| Financials | 0.63% | - | - | - | |
| Financial Services | - | 0.63% | - | - | |
| Finance & Credit Services | - | - | 0.63% | - | |
| Financial Data & Systems | - | - | - | 0.63% | |
| Non-Classified | -1.70% | - | - | - | |
Regional Allocation
| North America | 74.83% | |
| Developed Europe - Excl UK | 12.39% | |
| Emerging Asia | 3.90% | |
| UK | 2.80% | |
| Japan | 2.77% | |
| Cash and Equivalents | 2.56% | |
| Australia & New Zealand | 1.48% | |
| Developed Asia | 0.96% | |
| Non-Classified | -1.70% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.68% | |
| Euro | 0.89% | |
| Cash | 0.43% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 74.83% | - | |
United States
|
- | 74.83% | |
| Developed Europe - Excl UK | 12.39% | - | |
Switzerland
|
- | 4.41% | |
Ireland
|
- | 2.42% | |
France
|
- | 2.20% | |
Netherlands
|
- | 1.77% | |
Denmark
|
- | 0.99% | |
Germany
|
- | 0.60% | |
| Emerging Asia | 3.90% | - | |
South Korea
|
- | 1.38% | |
Taiwan
|
- | 1.08% | |
India
|
- | 1.00% | |
China
|
- | 0.44% | |
| UK | 2.80% | - | |
United Kingdom
|
- | 2.80% | |
| Japan | 2.77% | - | |
Japan
|
- | 2.77% | |
| Cash and Equivalents | 2.56% | - | |
| Australia & New Zealand | 1.48% | - | |
Australia
|
- | 1.48% | |
| Developed Asia | 0.96% | - | |
Hong Kong
|
- | 0.96% | |
| Non-Classified | -1.70% | - | |
Breakdown By Market Cap (%)
| Mega |
|
92.10% |
| Large |
|
0.43% |
| Medium |
|
0.62% |
| Non-Classified |
|
4.29% |
| Cash |
|
2.56% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MICROSOFT CORP | 7.57% | Software & Computer Services | United States |
| 2 | APPLE | 7.27% | Technology Hardware & Equipment | United States |
| 3 | AMAZON.COM | 4.48% | Retailers | United States |
| 4 | ALPHABET INC | 3.19% | Software & Computer Services | United States |
| 5 | ALPHABET INC | 2.87% | Software & Computer Services | United States |
| 6 | TESLA | 2.71% | Automobiles & Parts | United States |
| 7 | JOHNSON & JOHNSON | 2.45% | Pharmaceuticals & Biotechnology | United States |
| 8 | EXXON MOBIL CORP | 2.45% | Non-Renewable Energy | United States |
| 9 | NVIDIA CORP | 2.20% | Technology Hardware & Equipment | United States |
| 10 | VISA | 1.88% | Industrial Support Services | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 38.01% | - | - | - | - | 0.10% | - | 38.11% |
| Telecommunications | - | 1.08% | - | - | - | - | - | - | 1.08% |
| Financials | - | 0.63% | - | - | - | - | - | - | 0.63% |
| Consumer Discretionary | 0.27% | 15.39% | - | - | - | - | - | - | 15.66% |
| Consumer Staples | 0.89% | 6.20% | - | - | - | - | - | - | 7.09% |
| Energy | - | 5.59% | - | - | - | - | - | - | 5.59% |
| Health Care | 1.02% | 17.91% | - | - | - | - | - | - | 18.93% |
| Industrials | - | 9.22% | - | - | - | - | 0.23% | - | 9.46% |
| Basic Materials | 0.62% | 2.31% | - | - | - | - | - | - | 2.93% |
| Cash and Equivalents | - | - | - | - | - | - | - | 2.56% | 2.56% |
| Non-Classified | - | - | - | - | - | - | -2.03% | - | -2.03% |
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).
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 | B0MSSD0 |
| Mex Code | SBHAGE |
| Isin Code | IE00B0MSSD05 |
| Citi Code | TJ82 |
Fund Charges
| Annual Management Charge (AMC) | 1.33% |
| Further Costs | 0.15% |
| Yearly Total | 1.48% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the HSBC Islamic Global Equity Index (USD) - the underlying fund. Underlying Fund Objective: The fund aims to track as closely as possible the performance of the Dow Jones Islamic Market Titans 100 Index (the Islamic Index). The Index is comprised of the shares of companies in emerging and developed markets that are based anywhere in the world. The fund will be passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index. The shares are selected by filtering the Index universe through screens for business activities and financial ratios to remove stocks that are not Shariah compliant. The fund will only invest in shares of companies that meet Shariah compliance principles as interpreted or approved by the Shariah Committee. The Shariah Committee monitors the fund throughout the year and issues an annual Shariah certificate on the fund's compliance with Shariah principles. This certificate is included in the annual report of the fund as confirmation of the Shariah compliance for that year. The fund will not invest in derivatives. |
| Benchmark | Dow Jones Islamic Titans 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).
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
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 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.