Prudential Ninety One Global Strategic Equity S5
Performance
Discrete performance - to last month end
| 31/07/17 to 31/07/18 |
31/07/18 to 31/07/19 |
31/07/19 to 31/07/20 |
31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
|
|---|---|---|---|---|---|
| Fund | 9.9% | 6.1% | -6.1% | 21.4% | -4.7% |
| Sector | 8.0% | 7.2% | -2.8% | 22.1% | -1.2% |
| Rank | 92/367 | 244/368 | 275/371 | 202/372 | 295/372 |
| Quartile | 1 | 3 | 3 | 3 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/22 |
5 Years to 31/07/22 |
10 Years to 31/07/22 |
||
| Fund | 2.8% | 4.8% | 8.8% | |
| Sector | 5.5% | 6.3% | 9.0% | |
| Rank | 331/371 | 276/367 | 192/322 | |
| Quartile | 4 | 4 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MICROSOFT CORP | 4.92 |
| ALPHABET INC | 4.38 |
| UNITEDHEALTH GROUP INCORPORATED | 3.63 |
| AMAZON.COM | 3.60 |
| APPLE INC | 3.49 |
| LAM RESEARCH CORP | 2.66 |
| WESTROCK CO | 2.59 |
| FERGUSON | 2.57 |
| NN GROUP N.V. | 2.35 |
| DOLBY LABORATORIES INC | 2.29 |
| Total | 32.47 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Ninety One Global Strategic Equity Fund – the underlying fund.
Underlying Fund Objective: That fund aims to provide capital growth (to grow the value of your investment) over at least 5 years. The fund invests primarily (at least two-thirds) in the shares of companies around the world and in related derivatives (financial contracts whose value is linked to the price of the shares of such companies).
Fund Manager
Mark is Co-Head of 4Factor at Investec Asset Management. He is the portfolio manager for the Global Strategic Equity Strategy. He joined Investec Asset Management from Alliance Capital Management where he managed portfolios including the $500 million Worldwide Privatisation Fund, NYSE listed Southern Africa Fund, Spain Fund and Austria Fund. Prior to this, he managed developed market equity accounts for Brinson Partners (formerly First Chicago), following an initial three-year spell in research at Vickers da Costa. Mark graduated with a Bachelor of Arts (Hons) degree in Economics.
Fund Overview
| Bid (16/08/2022) | 304.00 |
| Offer | n/a |
| Fund size (30/06/2022) | £4.15m |
| Underlying Fund size | £332.45m |
| Number of holdings | 61 |
| Launch date | 20/10/2008 |
Fund Charges
| Annual Management Charge (AMC) | 2.15% |
| Further Costs | 0.14% |
| Yearly Total | 2.29% |
Asset Allocation
| International Equities | 88.32% | |
| UK Equities | 7.92% | |
| Cash and Equivalents | 3.35% | |
| Other Assets | 0.41% |
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 GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | 88.32% | |
| UK Equities | 7.92% | |
| Cash and Equivalents | 3.35% | |
| Other Assets | 0.41% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 29.21% | - | - | - | |
| Technology | - | 29.21% | - | - | |
| Technology Hardware & Equipment | - | - | 16.97% | - | |
| Computer Hardware | - | - | - | 7.82% | |
| Semiconductors | - | - | - | 6.49% | |
| Production Technology Equipment | - | - | - | 2.66% | |
| Software & Computer Services | - | - | 12.24% | - | |
| Software | - | - | - | 7.22% | |
| Consumer Digital Services | - | - | - | 5.03% | |
| Consumer Discretionary | 17.76% | - | - | - | |
| Consumer Products & Services | - | 5.37% | - | - | |
| Leisure Goods | - | - | 2.12% | - | |
| Consumer Electronics | - | - | - | 2.12% | |
| Personal Goods | - | - | 1.95% | - | |
| Footwear | - | - | - | 1.95% | |
| Household Goods & Home Construction | - | - | 1.29% | - | |
| Household Appliance | - | - | - | 1.29% | |
| Retail | - | 4.50% | - | - | |
| Retailers | - | - | 4.50% | - | |
| Diversified Retailers | - | - | - | 3.60% | |
| Apparel Retailers | - | - | - | 0.91% | |
| Automobiles & Parts | - | 3.42% | - | - | |
| Automobiles & Parts | - | - | 3.42% | - | |
| Auto Parts | - | - | - | 1.32% | |
| Automobiles | - | - | - | 1.15% | |
| Tires | - | - | - | 0.95% | |
| Media | - | 2.92% | - | - | |
| Media | - | - | 2.92% | - | |
| Radio & TV Broadcasters | - | - | - | 1.88% | |
| Entertainment | - | - | - | 1.04% | |
| Travel & Leisure | - | 1.55% | - | - | |
| Travel & Leisure | - | - | 1.55% | - | |
| Casinos & Gambling | - | - | - | 1.55% | |
| Industrials | 15.09% | - | - | - | |
| Industrial Goods & Services | - | 13.79% | - | - | |
| Industrial Support Services | - | - | 5.05% | - | |
| Industrial Suppliers | - | - | - | 2.57% | |
| Professional Business Support Services | - | - | - | 2.48% | |
| Electronic & Electrical Equipment | - | - | 3.41% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 2.10% | |
| Electronic Equipment: Control & Filter | - | - | - | 1.31% | |
| General Industrials | - | - | 2.59% | - | |
| Containers & Packaging | - | - | - | 2.59% | |
| Industrial Engineering | - | - | 1.52% | - | |
| Machinery: Engines | - | - | - | 1.52% | |
| Industrial Transportation | - | - | 1.22% | - | |
| Marine Transportation | - | - | - | 1.22% | |
| Construction & Materials | - | 1.30% | - | - | |
| Construction & Materials | - | - | 1.30% | - | |
| Engineering & Contracting Services | - | - | - | 1.30% | |
| Financials | 12.11% | - | - | - | |
| Banks | - | 4.74% | - | - | |
| Banks | - | - | 4.74% | - | |
| Banks | - | - | - | 4.74% | |
| Insurance | - | 3.89% | - | - | |
| Life Insurance | - | - | 3.89% | - | |
| Life Insurance | - | - | - | 3.89% | |
| Financial Services | - | 3.48% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.48% | - | |
| Asset Managers & Custodians | - | - | - | 2.03% | |
| Investment Services | - | - | - | 1.46% | |
| Health Care | 10.72% | - | - | - | |
| Health Care | - | 10.72% | - | - | |
| Health Care Providers | - | - | 6.64% | - | |
| Health Care Management Services | - | - | - | 3.63% | |
| Health Care Services | - | - | - | 3.01% | |
| Pharmaceuticals & Biotechnology | - | - | 2.37% | - | |
| Pharmaceuticals | - | - | - | 2.37% | |
| Medical Equipment & Services | - | - | 1.71% | - | |
| Medical Equipment | - | - | - | 1.71% | |
| Energy | 5.80% | - | - | - | |
| Energy | - | 5.80% | - | - | |
| Non-Renewable Energy | - | - | 5.80% | - | |
| Oil: Crude Producers | - | - | - | 3.13% | |
| Integrated Oil & Gas | - | - | - | 2.67% | |
| Basic Materials | 3.58% | - | - | - | |
| Basic Resources | - | 2.67% | - | - | |
| Industrial Metals & Mining | - | - | 2.67% | - | |
| Nonferrous Metals | - | - | - | 1.21% | |
| General Mining | - | - | - | 0.74% | |
| Iron & Steel | - | - | - | 0.72% | |
| Chemicals | - | 0.91% | - | - | |
| Chemicals | - | - | 0.91% | - | |
| Chemicals: Diversified | - | - | - | 0.91% | |
| Cash and Equivalents | 3.35% | - | - | - | |
| Consumer Staples | 1.52% | - | - | - | |
| Food, Beverage & Tobacco | - | 1.52% | - | - | |
| Food Producers | - | - | 1.52% | - | |
| Food Products | - | - | - | 1.52% | |
| Real Estate | 0.44% | - | - | - | |
| Real Estate | - | 0.44% | - | - | |
| Real Estate Investment & Services | - | - | 0.44% | - | |
| Real Estate Services | - | - | - | 0.44% | |
| Non-Classified | 0.41% | - | - | - | |
Regional Allocation
| North America | 57.18% | |
| Developed Europe - Excl UK | 14.47% | |
| Emerging Asia | 8.67% | |
| UK | 7.92% | |
| Japan | 4.40% | |
| Cash and Equivalents | 3.35% | |
| Australia & New Zealand | 1.68% | |
| South & Central America | 1.21% | |
| Developed Asia | 0.71% | |
| Non-Classified | 0.41% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.09% | |
| Euro | 0.91% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 57.18% | - | |
United States
|
- | 57.18% | |
| Developed Europe - Excl UK | 14.47% | - | |
Netherlands
|
- | 4.22% | |
France
|
- | 2.57% | |
Switzerland
|
- | 2.24% | |
Denmark
|
- | 1.73% | |
Italy
|
- | 1.14% | |
Spain
|
- | 1.13% | |
Germany
|
- | 0.91% | |
Austria
|
- | 0.53% | |
| Emerging Asia | 8.67% | - | |
China
|
- | 3.06% | |
Taiwan
|
- | 3.00% | |
South Korea
|
- | 2.61% | |
| UK | 7.92% | - | |
United Kingdom
|
- | 7.92% | |
| Japan | 4.40% | - | |
Japan
|
- | 4.40% | |
| Cash and Equivalents | 3.35% | - | |
| Australia & New Zealand | 1.68% | - | |
Australia
|
- | 1.68% | |
| South & Central America | 1.21% | - | |
Mexico
|
- | 1.21% | |
| Developed Asia | 0.71% | - | |
Singapore
|
- | 0.71% | |
| Non-Classified | 0.41% | - | |
Breakdown By Market Cap (%)
| Mega |
|
56.63% |
| Large |
|
29.86% |
| Medium |
|
5.49% |
| Non-Classified |
|
4.67% |
| Cash |
|
3.35% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MICROSOFT CORP | 4.92% | Software & Computer Services | United States |
| 2 | ALPHABET INC | 4.38% | Software & Computer Services | United States |
| 3 | UNITEDHEALTH GROUP INCORPORATED | 3.63% | Health Care Providers | United States |
| 4 | AMAZON.COM | 3.60% | Retailers | United States |
| 5 | APPLE INC | 3.49% | Technology Hardware & Equipment | United States |
| 6 | LAM RESEARCH CORP | 2.66% | Technology Hardware & Equipment | United States |
| 7 | WESTROCK CO | 2.59% | General Industrials | United States |
| 8 | FERGUSON | 2.57% | Industrial Support Services | United Kingdom |
| 9 | NN GROUP N.V. | 2.35% | Life Insurance | Netherlands |
| 10 | DOLBY LABORATORIES INC | 2.29% | Software & Computer 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 | - | 29.21% | - | - | - | - | - | - | 29.21% |
| Financials | - | 12.11% | - | - | - | - | 0.41% | - | 12.52% |
| Real Estate | - | 0.44% | - | - | - | - | - | - | 0.44% |
| Consumer Discretionary | 1.55% | 16.21% | - | - | - | - | - | - | 17.76% |
| Consumer Staples | 1.52% | - | - | - | - | - | - | - | 1.52% |
| Energy | 1.54% | 4.26% | - | - | - | - | - | - | 5.80% |
| Health Care | - | 10.72% | - | - | - | - | - | - | 10.72% |
| Industrials | 2.57% | 12.53% | - | - | - | - | - | - | 15.09% |
| Basic Materials | 0.74% | 2.84% | - | - | - | - | - | - | 3.58% |
| Cash and Equivalents | - | - | - | - | - | - | - | 3.35% | 3.35% |
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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | B3BW4R0 |
| Mex Code | PUIGFE |
| Isin Code | GB00B3BW4R05 |
| Citi Code | D8X1 |
Fund Charges
| Annual Management Charge (AMC) | 2.15% |
| Further Costs | 0.14% |
| Yearly Total | 2.29% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Ninety One Global Strategic Equity Fund – the underlying fund. Underlying Fund Objective: That fund aims to provide capital growth (to grow the value of your investment) over at least 5 years. The fund invests primarily (at least two-thirds) in the shares of companies around the world and in related derivatives (financial contracts whose value is linked to the price of the shares of such companies). |
| Benchmark | MSCI AC World Net Return Hedged GBP |
| ABI Sector | Global Equities |
Ratings
| FE Crown |  |
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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -2.71 |
| Beta | 0.96 |
| Sharpe | 0.00 |
| Standard Deviation | 13.27 |
| Info Ratio | -0.76 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
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 risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.