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 | -13.0% | 34.9% | 9.0% | 2.3% | 11.2% |
Benchmark | -12.3% | 35.2% | 8.7% | 1.7% | 12.4% |
Quarter | Annualised | |||
---|---|---|---|---|
1 2024 |
3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
|
Fund | 5.4% | 7.4% | 7.8% | 8.1% |
Benchmark | 5.8% | 7.5% | 8.1% | 8.3% |
Stock | % Weight |
---|---|
ASTRAZENECA | 2.64 |
SHELL | 2.19 |
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.12 |
HSBC HOLDINGS | 2.05 |
CME S&P EMI FUT Jun24 | 1.87 |
UNILEVER | 1.45 |
SAMSUNG ELECTRONICS CO. LTD | 1.38 |
BP | 1.37 |
DIAGEO | 1.33 |
RELX | 1.28 |
Total | 17.66 |
Objective: The investment strategy of the fund is to purchase units in the M&G Long Term Growth Index Fund - the underlying fund.
Underlying fund objective: The fund invests, primarily via other M&G funds, in the shares of UK and overseas companies. The fund is passively managed with a benchmark of 40% in UK equities and 60% in overseas equities. For the overseas shares the fund is passively managed against an internal composite benchmark asset allocation set by the M&G Treasury and Investment Office. The sub-funds follow a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as their indices in order to meet their investment objectives. In addition to the fund's objective, the Investment Manager aims to maximise the fund's ESG characteristics by overweighting its investments in securities which score well against the Investment Manager's ESG research framework and underweighting the securities which score less well. Derivative instruments may be used for efficient portfolio management.
Performance Objective: To provide a return that is in line with that of the benchmark.
With access to investment professionals around the world and assets under management of £178bn, the M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. Over the years they have built a thorough and effective governance framework, which includes the setting and monitoring of investment mandates, regular performance and activity health checks and independent analysis of investment, credit and liquidity risks.
Daily price (26/04/2024) | 499.30 |
Fund size (31/03/2024) | £29.22m |
Underlying Fund size | £36.74m |
Number of holdings | 2329 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Launch date | 30/04/2002 |
International Equities | 57.10% | |
UK Equities | 31.60% | |
Cash and Equivalents | 7.28% | |
Property | 1.37% | |
Investment Trusts | 0.83% | |
International Bonds | 0.11% | |
Alternative Trading Strategies | 0.00% | |
Other Assets | 1.70% |
Performance as at Q3 2023 - Central banks' ongoing battle with inflation remained the dominant issue in the third quarter of 2023. Inflationary pressures in advanced economies continued to ease broadly, suggesting that the aggressive monetary tightening over the past year could be working. However, inflation remained above central banks' targets and policymakers continued to tighten monetary policy. The prospect of higher-for-longer interest rates was a significant drag on financial markets. The UK stockmarket ended the quarter with a modest gain, supported by larger companies. UK government bond yields climbed to the highs seen during the ex-prime minister Liz Truss 'mini-budget' saga in September 2022. This affected the so-called 'bond proxy' stocks such as consumer staples, life insurers and utilities. In contrast, the energy sector was particularly strong, driven by higher oil prices. Other, more domestically focused sectors that outperformed included housebuilders, real estate companies and banks on the interest rate news. European equities fell in the quarter, amid concerns about the economic outlook and soaring government bond yields. Data indicated that eurozone activity was slowing, notably in Germany and France, raising the prospect of a recession. Norway's stockmarket was the standout performer, whereas France and Germany were among the weakest. US investors encouraged by lower inflation and excited about developments in artificial intelligence, the hawkishness of the Federal Reserve (Fed) subsequently led share prices to reverse course. In September, the Fed indicated that rates were likely to stay high for longer and may be hiked once more in 2023. Markets fell particularly sharply as a result, leaving them substantially down for the quarter. A significant rise in bond yields also worried investors and share price falls were led by perceived interest rate-sensitive sectors, such as utilities, consumer staples and technology, although energy stocks rallied with the higher oil price. Asia Pacific ex Japan performed broadly in line with the MSCI World Index over the quarter. Better-performing markets included Singapore and India. India's stockmarket has recently benefited from significant interest from foreign investors attracted by the country's robust economic growth. Conversely, among the larger stockmarkets, Hong Kong was an underperformer, dragged down by worries about the slowdown in China's economy. The Japanese stockmarket recorded a positive return in the third quarter, both in local currency and sterling terms, and was one of the best performing stockmarkets globally. Japan's interest rates remain well below those of other economies. Its loose monetary policy is to encourage borrowing and stimulate spending, as well as inflation (which sits at around 3%). For the past 30 years Japan has been struggling to meet its 2% inflation objective and investors have regarded positively the recent shift towards 'normalisation' of monetary policy and a pick-up in inflation. Overall, emerging markets performed broadly in line with the MSCI World Index in the quarter. Turkey bounced back strongly in Emerging Europe, benefiting from a more stable currency, which had depreciated significantly in the first half of 2023. Within Middle-Eastern markets, the United Arab Emirates was the standout performer, benefiting from a strengthening oil price over the quarter. Overall, Latin America lagged, but within the region, Brazil and Chile were the best performing markets (in local currency terms).
Source: M&G
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 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 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 intended for the advisers 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. You should refer to your client's 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 infomation or make any warranties regarding results from its usage.
International Equities | 57.10% | |
UK Equities | 31.60% | |
Cash and Equivalents | 7.28% | |
Property | 1.37% | |
Investment Trusts | 0.83% | |
International Bonds | 0.11% | |
Alternative Trading Strategies | 0.00% | |
Other Assets | 1.70% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Financials | 18.69% | - | - | - | |
Banks | - | 9.65% | - | - | |
Banks | - | - | 9.65% | - | |
Banks | - | - | - | 9.65% | |
Financial Services | - | 5.49% | - | - | |
Investment Banking & Brokerage Services | - | - | 3.32% | - | |
Asset Managers & Custodians | - | - | - | 1.72% | |
Investment Services | - | - | - | 1.15% | |
Diversified Financial Services | - | - | - | 0.44% | |
Finance & Credit Services | - | - | 1.33% | - | |
Financial Data & Systems | - | - | - | 1.21% | |
Consumer Lending | - | - | - | 0.12% | |
Equity Investment Instruments | - | - | 0.84% | - | |
Equity Investment Instruments | - | - | - | 0.84% | |
Insurance | - | 3.55% | - | - | |
Life Insurance | - | - | 1.87% | - | |
Life Insurance | - | - | - | 1.87% | |
Non-life Insurance | - | - | 1.68% | - | |
Full Line Insurance | - | - | - | 0.78% | |
Property & Casualty Insurance | - | - | - | 0.56% | |
Reinsurance | - | - | - | 0.19% | |
Insurance Brokers | - | - | - | 0.15% | |
Industrials | 12.16% | - | - | - | |
Industrial Goods & Services | - | 10.67% | - | - | |
Industrial Support Services | - | - | 2.00% | - | |
Professional Business Support Services | - | - | - | 1.01% | |
Transaction Processing Services | - | - | - | 0.48% | |
Industrial Suppliers | - | - | - | 0.29% | |
Business Training & Employment Agencies | - | - | - | 0.11% | |
Security Services | - | - | - | 0.06% | |
Forms & Bulk Printing Services | - | - | - | 0.06% | |
Aerospace & Defence | - | - | 1.98% | - | |
Aerospace | - | - | - | 1.05% | |
Defense | - | - | - | 0.93% | |
General Industrials | - | - | 1.92% | - | |
Diversified Industrials | - | - | - | 1.06% | |
Containers & Packaging | - | - | - | 0.63% | |
Plastics | - | - | - | 0.11% | |
Paints & Coatings | - | - | - | 0.09% | |
Glass | - | - | - | 0.02% | |
Electronic & Electrical Equipment | - | - | 1.79% | - | |
Electrical Components | - | - | - | 1.28% | |
Electronic Equipment: Gauges & Meters | - | - | - | 0.27% | |
Electronic Equipment: Pollution Control | - | - | - | 0.13% | |
Electronic Equipment: Control & Filter | - | - | - | 0.08% | |
Electronic Equipment: Other | - | - | - | 0.03% | |
Industrial Transportation | - | - | 1.59% | - | |
Marine Transportation | - | - | - | 0.42% | |
Commercial Vehicle-Equipment Leasing | - | - | - | 0.34% | |
Transportation Services | - | - | - | 0.34% | |
Railroads | - | - | - | 0.27% | |
Delivery Services | - | - | - | 0.18% | |
Trucking | - | - | - | 0.03% | |
Commercial Vehicles & Parts | - | - | - | 0.01% | |
Railroad Equipment | - | - | - | 0.00% | |
Industrial Engineering | - | - | 1.39% | - | |
Machinery: Construction & Handling | - | - | - | 0.48% | |
Machinery: Industrial | - | - | - | 0.40% | |
Machinery: Tools | - | - | - | 0.21% | |
Machinery: Engines | - | - | - | 0.18% | |
Machinery: Agricultural | - | - | - | 0.10% | |
Machinery: Specialty | - | - | - | 0.02% | |
Construction & Materials | - | 1.49% | - | - | |
Construction & Materials | - | - | 1.49% | - | |
Construction | - | - | - | 0.64% | |
Building Materials: Other | - | - | - | 0.39% | |
Building: Climate Control | - | - | - | 0.17% | |
Cement | - | - | - | 0.16% | |
Building, Roofing/Wallboard & Plumbing | - | - | - | 0.08% | |
Engineering & Contracting Services | - | - | - | 0.05% | |
Technology | 11.89% | - | - | - | |
Technology | - | 11.89% | - | - | |
Technology Hardware & Equipment | - | - | 7.79% | - | |
Semiconductors | - | - | - | 4.44% | |
Production Technology Equipment | - | - | - | 1.39% | |
Computer Hardware | - | - | - | 1.16% | |
Electronic Components | - | - | - | 0.68% | |
Electronic Office Equipment | - | - | - | 0.12% | |
Software & Computer Services | - | - | 4.10% | - | |
Software | - | - | - | 1.70% | |
Consumer Digital Services | - | - | - | 1.70% | |
Computer Services | - | - | - | 0.70% | |
Consumer Discretionary | 11.51% | - | - | - | |
Consumer Products & Services | - | 3.36% | - | - | |
Personal Goods | - | - | 1.28% | - | |
Clothing & Accessories | - | - | - | 0.73% | |
Cosmetics | - | - | - | 0.27% | |
Luxury Items | - | - | - | 0.18% | |
Footwear | - | - | - | 0.11% | |
Consumer Services | - | - | 0.86% | - | |
Vending & Catering Service | - | - | - | 0.78% | |
Consumer Services: Misc. | - | - | - | 0.07% | |
Education Services | - | - | - | 0.01% | |
Rental & Leasing Services: Consumer | - | - | - | 0.01% | |
Household Goods & Home Construction | - | - | 0.80% | - | |
Home Construction | - | - | - | 0.58% | |
Household Appliance | - | - | - | 0.21% | |
Household Furnishings | - | - | - | 0.00% | |
Leisure Goods | - | - | 0.42% | - | |
Consumer Electronics | - | - | - | 0.25% | |
Electronic Entertainment | - | - | - | 0.11% | |
Recreational Products | - | - | - | 0.05% | |
Recreational Vehicles & Boats | - | - | - | 0.01% | |
Retail | - | 2.30% | - | - | |
Retailers | - | - | 2.30% | - | |
Diversified Retailers | - | - | - | 1.22% | |
Apparel Retailers | - | - | - | 0.59% | |
Specialty Retailers | - | - | - | 0.31% | |
Home Improvement Retailers | - | - | - | 0.18% | |
Media | - | 2.29% | - | - | |
Media | - | - | 2.29% | - | |
Publishing | - | - | - | 1.64% | |
Media Agencies | - | - | - | 0.47% | |
Entertainment | - | - | - | 0.12% | |
Radio & TV Broadcasters | - | - | - | 0.06% | |
Automobiles & Parts | - | 2.05% | - | - | |
Automobiles & Parts | - | - | 2.05% | - | |
Automobiles | - | - | - | 1.73% | |
Auto Parts | - | - | - | 0.27% | |
Tires | - | - | - | 0.05% | |
Travel & Leisure | - | 1.52% | - | - | |
Travel & Leisure | - | - | 1.52% | - | |
Hotels & Motels | - | - | - | 0.58% | |
Restaurants & Bars | - | - | - | 0.45% | |
Airlines | - | - | - | 0.22% | |
Travel & Tourism | - | - | - | 0.18% | |
Recreational Services | - | - | - | 0.09% | |
Health Care | 8.69% | - | - | - | |
Health Care | - | 8.69% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 6.95% | - | |
Pharmaceuticals | - | - | - | 6.64% | |
Biotechnology | - | - | - | 0.32% | |
Medical Equipment & Services | - | - | 1.36% | - | |
Medical Equipment | - | - | - | 0.92% | |
Medical Supplies | - | - | - | 0.43% | |
Medical Services | - | - | - | 0.02% | |
Health Care Providers | - | - | 0.37% | - | |
Health Care Management Services | - | - | - | 0.28% | |
Health Care Facilities | - | - | - | 0.09% | |
Health Care Services | - | - | - | 0.00% | |
Consumer Staples | 8.00% | - | - | - | |
Food, Beverage & Tobacco | - | 4.18% | - | - | |
Beverages | - | - | 2.51% | - | |
Distillers & Vintners | - | - | - | 1.47% | |
Soft Drinks | - | - | - | 0.75% | |
Brewers | - | - | - | 0.28% | |
Food Producers | - | - | 1.67% | - | |
Food Products | - | - | - | 1.62% | |
Fruit & Grain Processing | - | - | - | 0.03% | |
Farming, Fishing, Ranching & Plantations | - | - | - | 0.02% | |
Personal Care, Drug & Grocery Stores | - | 3.82% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 3.82% | - | |
Personal Products | - | - | - | 1.76% | |
Food Retailers & Wholesalers | - | - | - | 1.13% | |
Nondurable Household Products | - | - | - | 0.80% | |
Drug Retailers | - | - | - | 0.14% | |
Cash and Equivalents | 7.28% | - | - | - | |
Energy | 5.96% | - | - | - | |
Energy | - | 5.96% | - | - | |
Non-Renewable Energy | - | - | 5.89% | - | |
Integrated Oil & Gas | - | - | - | 4.42% | |
Oil: Crude Producers | - | - | - | 0.72% | |
Oil Refining and Marketing | - | - | - | 0.45% | |
Oil Equipment & Services | - | - | - | 0.16% | |
Pipelines | - | - | - | 0.14% | |
Offshore Drilling & Other Services | - | - | - | 0.00% | |
Renewable Energy | - | - | 0.07% | - | |
Renewable Energy Equipment | - | - | - | 0.07% | |
Alternative Fuels | - | - | - | 0.00% | |
Basic Materials | 4.77% | - | - | - | |
Basic Resources | - | 3.45% | - | - | |
Industrial Metals & Mining | - | - | 3.00% | - | |
General Mining | - | - | - | 2.11% | |
Iron & Steel | - | - | - | 0.33% | |
Copper | - | - | - | 0.31% | |
Metal Fabricating | - | - | - | 0.11% | |
Aluminum | - | - | - | 0.09% | |
Nonferrous Metals | - | - | - | 0.04% | |
Precious Metals & Mining | - | - | 0.31% | - | |
Gold Mining | - | - | - | 0.29% | |
Platinum & Precious Metals | - | - | - | 0.03% | |
Diamonds & Gemstones | - | - | - | 0.00% | |
Industrial Materials | - | - | 0.14% | - | |
Paper | - | - | - | 0.10% | |
Diversified Materials | - | - | - | 0.04% | |
Chemicals | - | 1.32% | - | - | |
Chemicals | - | - | 1.32% | - | |
Chemicals: Diversified | - | - | - | 0.82% | |
Specialty Chemicals | - | - | - | 0.39% | |
Chemicals & Synthetic Fibers | - | - | - | 0.06% | |
Fertilizers | - | - | - | 0.05% | |
Telecommunications | 3.62% | - | - | - | |
Telecommunications | - | 3.62% | - | - | |
Telecommunications Equipment | - | - | 1.88% | - | |
Telecommunications Equipment | - | - | - | 1.88% | |
Telecommunications Service Providers | - | - | 1.74% | - | |
Telecommunications Services | - | - | - | 1.71% | |
Cable Television Services | - | - | - | 0.03% | |
Utilities | 2.93% | - | - | - | |
Utilities | - | 2.93% | - | - | |
Electricity | - | - | 1.51% | - | |
Conventional Electricity | - | - | - | 1.20% | |
Alternative Electricity | - | - | - | 0.31% | |
Gas, Water & Multi-utilities | - | - | 1.35% | - | |
Multi-Utilities | - | - | - | 0.92% | |
Water | - | - | - | 0.23% | |
Gas Distribution | - | - | - | 0.20% | |
Waste & Disposal Services | - | - | 0.07% | - | |
Waste & Disposal Services | - | - | - | 0.07% | |
Real Estate | 2.40% | - | - | - | |
Real Estate | - | 2.40% | - | - | |
Real Estate Investment Trusts | - | - | 1.66% | - | |
Diversified REITs | - | - | - | 0.43% | |
Industrial REITs | - | - | - | 0.36% | |
Residential REITs | - | - | - | 0.20% | |
Retail REITs | - | - | - | 0.19% | |
Office REITs | - | - | - | 0.17% | |
Timber REITs | - | - | - | 0.10% | |
Storage REITs | - | - | - | 0.08% | |
Health Care REITs | - | - | - | 0.07% | |
Other Specialty REITs | - | - | - | 0.05% | |
Hotel & Lodging REITs | - | - | - | 0.02% | |
Real Estate Investment & Services | - | - | 0.74% | - | |
Real Estate Holding and Development | - | - | - | 0.64% | |
Real Estate Services | - | - | - | 0.10% | |
Non-Classified | 1.98% | - | - | - | |
Non-Classified | - | 0.13% | - | - | |
Non-Classified | - | - | 0.13% | - | |
Non-Classified | - | - | - | 0.13% | |
Bonds | 0.11% | - | - | - | |
Alternative Trading Strategies | 0.00% | - | - | - | |
Alternative Trading Strategies | - | 0.00% | - | - | |
Alternative Trading Strategies | - | - | 0.00% | - | |
Alternative Trading Strategies | - | - | - | 0.00% |
UK | 31.64% | |
North America | 14.17% | |
Developed Europe - Excl UK | 13.99% | |
Emerging Asia | 13.24% | |
Cash and Equivalents | 7.28% | |
Japan | 7.20% | |
Australia & New Zealand | 4.67% | |
Non-Classified | 3.03% | |
Developed Asia | 2.21% | |
Other Regions | 2.57% |
Non-Fixed Interest Assets | 92.60% | |
Cash | 7.28% | |
Euro | 0.08% | |
US Dollar | 0.02% | |
Swiss Franc | 0.01% |
Region | Country | ||
---|---|---|---|
UK | 31.64% | - | |
United Kingdom | - | 31.67% | |
North America | 14.17% | - | |
United States | - | 12.56% | |
Canada | - | 1.62% | |
Developed Europe - Excl UK | 13.99% | - | |
France | - | 2.83% | |
Switzerland | - | 2.61% | |
Germany | - | 1.97% | |
Netherlands | - | 1.48% | |
Ireland | - | 1.04% | |
Denmark | - | 0.98% | |
Spain | - | 0.87% | |
Sweden | - | 0.78% | |
Italy | - | 0.56% | |
Belgium | - | 0.28% | |
Finland | - | 0.26% | |
Norway | - | 0.18% | |
Portugal | - | 0.09% | |
Luxembourg | - | 0.03% | |
Austria | - | 0.01% | |
Emerging Asia | 13.24% | - | |
Taiwan | - | 5.71% | |
South Korea | - | 4.24% | |
China | - | 1.06% | |
India | - | 1.05% | |
Malaysia | - | 0.53% | |
Thailand | - | 0.49% | |
Indonesia | - | 0.10% | |
Philippines | - | 0.05% | |
Cash and Equivalents | 7.28% | - | |
Japan | 7.20% | - | |
Japan | - | 7.20% | |
Australia & New Zealand | 4.67% | - | |
Australia | - | 4.27% | |
New Zealand | - | 0.36% | |
New Caledonia | - | 0.04% | |
Non-Classified | 3.03% | - | |
Developed Asia | 2.21% | - | |
Hong Kong | - | 1.42% | |
Singapore | - | 0.79% | |
Property | 1.29% | - | |
South & Central America | 0.53% | - | |
Brazil | - | 0.32% | |
Mexico | - | 0.14% | |
Chile | - | 0.04% | |
Colombia | - | 0.02% | |
Cayman Islands | - | 0.00% | |
Emerging Europe | 0.43% | - | |
Turkey | - | 0.19% | |
Greece | - | 0.12% | |
Poland | - | 0.06% | |
Hungary | - | 0.04% | |
Czech Republic | - | 0.02% | |
Russian Federation | - | 0.00% | |
Middle East & Africa | 0.32% | - | |
South Africa | - | 0.14% | |
United Arab Emirates | - | 0.11% | |
Israel | - | 0.05% | |
Saudi Arabia | - | 0.02% |
Mega |
|
54.11% |
Large |
|
20.79% |
Medium |
|
7.69% |
Small |
|
1.42% |
Micro |
|
0.19% |
Non-Classified |
|
8.41% |
Bonds |
|
0.11% |
Cash |
|
7.28% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | ASTRAZENECA | 2.64% | Pharmaceuticals & Biotechnology | United Kingdom |
2 | SHELL | 2.19% | Non-Renewable Energy | United Kingdom |
3 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.12% | Technology Hardware & Equipment | Taiwan |
4 | HSBC HOLDINGS | 2.05% | Banks | United Kingdom |
5 | CME S&P EMI FUT Jun24 | 1.87% | Non-Classified | Non-Classified |
6 | UNILEVER | 1.45% | Personal Care, Drug & Grocery Stores | United Kingdom |
7 | SAMSUNG ELECTRONICS CO. LTD | 1.38% | Telecommunications Equipment | South Korea |
8 | BP | 1.37% | Non-Renewable Energy | United Kingdom |
9 | DIAGEO | 1.33% | Beverages | United Kingdom |
10 | RELX | 1.28% | Media | United Kingdom |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | 0.55% | 11.34% | - | - | - | - | - | - | 11.89% |
Telecommunications | 0.41% | 3.20% | - | 0.08% | - | - | - | - | 3.70% |
Financials | 6.70% | 11.15% | - | 0.01% | - | - | 0.83% | - | 18.70% |
Real Estate | 0.22% | 0.92% | - | - | - | 1.26% | - | - | 2.40% |
Consumer Discretionary | 4.29% | 7.22% | - | 0.02% | - | - | - | - | 11.53% |
Consumer Staples | 4.91% | 3.09% | - | - | - | - | - | - | 8.00% |
Energy | 3.68% | 2.27% | - | - | - | - | - | - | 5.96% |
Utilities | 1.10% | 1.83% | - | - | - | - | - | - | 2.93% |
Health Care | 3.65% | 5.03% | - | - | - | - | - | - | 8.69% |
Industrials | 3.91% | 8.26% | - | - | - | - | - | - | 12.16% |
Basic Materials | 2.13% | 2.64% | - | - | - | - | 0.01% | - | 4.78% |
Cash and Equivalents | - | - | - | - | - | - | - | 7.28% | 7.28% |
Non-Classified | 0.03% | 0.14% | - | - | - | 0.11% | 1.69% | - | 1.97% |
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.
Sedol Code | 3168637 |
Mex Code | PULTGR |
Isin Code | GB0031686370 |
Citi Code | P280 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims | Objective: The investment strategy of the fund is to purchase units in the M&G Long Term Growth Index Fund - the underlying fund. Underlying fund objective: The fund invests, primarily via other M&G funds, in the shares of UK and overseas companies. The fund is passively managed with a benchmark of 40% in UK equities and 60% in overseas equities. For the overseas shares the fund is passively managed against an internal composite benchmark asset allocation set by the M&G Treasury and Investment Office. The sub-funds follow a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as their indices in order to meet their investment objectives. In addition to the fund's objective, the Investment Manager aims to maximise the fund's ESG characteristics by overweighting its investments in securities which score well against the Investment Manager's ESG research framework and underweighting the securities which score less well. Derivative instruments may be used for efficient portfolio management. Performance Objective: To provide a return that is in line with that of the benchmark. |
Benchmark | Mix of FTSE and MSCI regional indices |
Sector | ABI Global Equities |
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.
Ratio | Value |
---|---|
Alpha | 0.17 |
Beta | 0.91 |
Sharpe | 0.38 |
Standard Deviation | 10.43 |
Info Ratio | -0.11 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | Yes |
Emerging Markets | Yes |
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 | No |
Offshore | No |
Income Eroding Capital Growth | No |
Umbrella Liabilities | No |
New Fund | No |
Solvency of Depository | Yes |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
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 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.
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.
The value of a cash or currency fund may be affected if any of the institutions with which cash is deposited becomes insolvent or experiences other financial difficulties.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
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 intended for the advisers 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. You should refer to your client's 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 infomation 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.
This factsheet is intended for the advisers 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. You should refer to your client's 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 infomation or make any warranties regarding results from its usage.
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 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 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 intended for the advisers 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. You should refer to your client's 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 infomation 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.