PIA Balanced Managed USD Ser A
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 | 4.6% | -1.1% | 2.1% | 16.3% | -11.6% |
| Sector | 1.5% | -1.9% | 4.7% | 15.4% | -17.0% |
| Rank | 19/212 | 101/233 | 171/243 | 123/260 | 43/275 |
| Quartile | 1 | 2 | 3 | 2 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/22 |
5 Years to 31/07/22 |
10 Years to 31/07/22 |
||
| Fund | 1.6% | 1.7% | 4.4% | |
| Sector | 0.1% | 0.0% | 1.3% | |
| Rank | 58/243 | 39/212 | 8/141 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| CBT US LON BON SEP22 | 1.86 |
| MICROSOFT CORP | 1.52 |
| APPLE INC | 1.48 |
| CBT US 5YR NOT (CB Sep22 | 1.13 |
| CBT US 2YR NOT (CB Sep22 | 1.06 |
| US TRE 2.875% 15/05/2052 | 0.95 |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO. | 0.73 |
| US TRE 2.875% 15/05/2032 | 0.63 |
| AMAZON.COM | 0.63 |
| SAMSUNG ELECTRONICS CO. LTD | 0.55 |
| Total | 10.55 |
Fund Aims
Objective: The fund aims to maximise long-term growth (the combination of income and growth of capital).
Fund Investments: The fund will invest in a portfolio of international equity funds, international fixed income funds and cash. The fund is denominated in US dollars.
Fund Manager
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.
Fund Overview
| Bid (12/08/2022) | 3.24 |
| Offer (12/08/2022) | 3.41 |
| Fund size (30/06/2022) | $3.31m |
| Number of holdings | 3902 |
| Launch date | 30/06/1994 |
Fund Charges
| Annual Management Charge (AMC) | 1.75% |
| Further Costs | 0.03% |
| Yearly Total | 1.78% |
Asset Allocation
| International Equities | 45.70% | |
| International Bonds | 35.22% | |
| UK Equities | 7.04% | |
| Cash and Equivalents | 1.80% | |
| UK Corporate Bonds | 1.42% | |
| Property | 0.62% | |
| Investment Trusts | 0.39% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 7.81% |
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 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 | 45.70% | |
| International Bonds | 35.22% | |
| UK Equities | 7.04% | |
| Cash and Equivalents | 1.80% | |
| UK Corporate Bonds | 1.42% | |
| Property | 0.62% | |
| Investment Trusts | 0.39% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 7.81% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 36.64% | - | - | - | |
| Technology | 9.73% | - | - | - | |
| Technology | - | 9.73% | - | - | |
| Technology Hardware & Equipment | - | - | 5.12% | - | |
| Semiconductors | - | - | - | 2.30% | |
| Computer Hardware | - | - | - | 2.26% | |
| Electronic Components | - | - | - | 0.33% | |
| Production Technology Equipment | - | - | - | 0.20% | |
| Electronic Office Equipment | - | - | - | 0.02% | |
| Software & Computer Services | - | - | 4.61% | - | |
| Software | - | - | - | 2.31% | |
| Consumer Digital Services | - | - | - | 1.74% | |
| Computer Services | - | - | - | 0.56% | |
| Financials | 9.28% | - | - | - | |
| Banks | - | 4.35% | - | - | |
| Banks | - | - | 4.35% | - | |
| Banks | - | - | - | 4.35% | |
| Financial Services | - | 2.97% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.64% | - | |
| Investment Services | - | - | - | 0.80% | |
| Asset Managers & Custodians | - | - | - | 0.59% | |
| Diversified Financial Services | - | - | - | 0.24% | |
| Finance & Credit Services | - | - | 0.94% | - | |
| Mortgage Finance | - | - | - | 0.48% | |
| Financial Data & Systems | - | - | - | 0.43% | |
| Consumer Lending | - | - | - | 0.03% | |
| Equity Investment Instruments | - | - | 0.39% | - | |
| Equity Investment Instruments | - | - | - | 0.39% | |
| Insurance | - | 1.96% | - | - | |
| Non-life Insurance | - | - | 1.19% | - | |
| Property & Casualty Insurance | - | - | - | 0.58% | |
| Full Line Insurance | - | - | - | 0.40% | |
| Insurance Brokers | - | - | - | 0.11% | |
| Reinsurance | - | - | - | 0.10% | |
| Life Insurance | - | - | 0.77% | - | |
| Life Insurance | - | - | - | 0.77% | |
| Industrials | 7.98% | - | - | - | |
| Industrial Goods & Services | - | 7.38% | - | - | |
| Industrial Support Services | - | - | 2.03% | - | |
| Transaction Processing Services | - | - | - | 0.77% | |
| Professional Business Support Services | - | - | - | 0.56% | |
| Industrial Suppliers | - | - | - | 0.38% | |
| Business Training & Employment Agencies | - | - | - | 0.17% | |
| Security Services | - | - | - | 0.14% | |
| Forms & Bulk Printing Services | - | - | - | 0.00% | |
| General Industrials | - | - | 1.75% | - | |
| Diversified Industrials | - | - | - | 1.18% | |
| Containers & Packaging | - | - | - | 0.45% | |
| Paints & Coatings | - | - | - | 0.10% | |
| Glass | - | - | - | 0.02% | |
| Plastics | - | - | - | 0.00% | |
| Industrial Transportation | - | - | 1.52% | - | |
| Railroads | - | - | - | 0.51% | |
| Marine Transportation | - | - | - | 0.50% | |
| Delivery Services | - | - | - | 0.18% | |
| Commercial Vehicles & Parts | - | - | - | 0.13% | |
| Transportation Services | - | - | - | 0.11% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.07% | |
| Trucking | - | - | - | 0.01% | |
| Railroad Equipment | - | - | - | 0.00% | |
| Electronic & Electrical Equipment | - | - | 0.85% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.29% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.27% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.17% | |
| Electrical Components | - | - | - | 0.12% | |
| Electronic Equipment: Other | - | - | - | 0.01% | |
| Industrial Engineering | - | - | 0.70% | - | |
| Machinery: Engines | - | - | - | 0.23% | |
| Machinery: Construction & Handling | - | - | - | 0.19% | |
| Machinery: Tools | - | - | - | 0.13% | |
| Machinery: Industrial | - | - | - | 0.10% | |
| Machinery: Agricultural | - | - | - | 0.05% | |
| Machinery: Specialty | - | - | - | 0.00% | |
| Aerospace & Defence | - | - | 0.53% | - | |
| Defense | - | - | - | 0.30% | |
| Aerospace | - | - | - | 0.22% | |
| Construction & Materials | - | 0.60% | - | - | |
| Construction & Materials | - | - | 0.60% | - | |
| Cement | - | - | - | 0.21% | |
| Building Materials: Other | - | - | - | 0.15% | |
| Construction | - | - | - | 0.12% | |
| Building: Climate Control | - | - | - | 0.10% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.01% | |
| Engineering & Contracting Services | - | - | - | 0.01% | |
| Non-Classified | 7.93% | - | - | - | |
| Consumer Discretionary | 7.06% | - | - | - | |
| Retail | - | 2.28% | - | - | |
| Retailers | - | - | 2.28% | - | |
| Diversified Retailers | - | - | - | 1.47% | |
| Home Improvement Retailers | - | - | - | 0.28% | |
| Apparel Retailers | - | - | - | 0.27% | |
| Specialty Retailers | - | - | - | 0.26% | |
| Automobiles & Parts | - | 1.56% | - | - | |
| Automobiles & Parts | - | - | 1.56% | - | |
| Automobiles | - | - | - | 1.31% | |
| Auto Parts | - | - | - | 0.24% | |
| Tires | - | - | - | 0.00% | |
| Consumer Products & Services | - | 1.48% | - | - | |
| Leisure Goods | - | - | 0.56% | - | |
| Electronic Entertainment | - | - | - | 0.21% | |
| Consumer Electronics | - | - | - | 0.20% | |
| Photography | - | - | - | 0.05% | |
| Toys | - | - | - | 0.04% | |
| Recreational Vehicles & Boats | - | - | - | 0.03% | |
| Recreational Products | - | - | - | 0.02% | |
| Household Goods & Home Construction | - | - | 0.35% | - | |
| Home Construction | - | - | - | 0.24% | |
| Household Appliance | - | - | - | 0.05% | |
| Household Equipment & Products | - | - | - | 0.05% | |
| Household Furnishings | - | - | - | 0.00% | |
| Personal Goods | - | - | 0.33% | - | |
| Clothing & Accessories | - | - | - | 0.13% | |
| Footwear | - | - | - | 0.10% | |
| Luxury Items | - | - | - | 0.07% | |
| Cosmetics | - | - | - | 0.04% | |
| Consumer Services | - | - | 0.24% | - | |
| Vending & Catering Service | - | - | - | 0.15% | |
| Consumer Services: Misc. | - | - | - | 0.09% | |
| Education Services | - | - | - | 0.00% | |
| Travel & Leisure | - | 1.13% | - | - | |
| Travel & Leisure | - | - | 1.13% | - | |
| Restaurants & Bars | - | - | - | 0.49% | |
| Casinos & Gambling | - | - | - | 0.20% | |
| Hotels & Motels | - | - | - | 0.18% | |
| Airlines | - | - | - | 0.15% | |
| Travel & Tourism | - | - | - | 0.10% | |
| Recreational Services | - | - | - | 0.00% | |
| Media | - | 0.61% | - | - | |
| Media | - | - | 0.61% | - | |
| Media Agencies | - | - | - | 0.22% | |
| Entertainment | - | - | - | 0.21% | |
| Publishing | - | - | - | 0.12% | |
| Radio & TV Broadcasters | - | - | - | 0.07% | |
| Health Care | 5.95% | - | - | - | |
| Health Care | - | 5.95% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 4.21% | - | |
| Pharmaceuticals | - | - | - | 4.00% | |
| Biotechnology | - | - | - | 0.21% | |
| Medical Equipment & Services | - | - | 1.34% | - | |
| Medical Equipment | - | - | - | 1.05% | |
| Medical Supplies | - | - | - | 0.29% | |
| Medical Services | - | - | - | 0.00% | |
| Health Care Providers | - | - | 0.40% | - | |
| Health Care Management Services | - | - | - | 0.36% | |
| Health Care Facilities | - | - | - | 0.03% | |
| Health Care Services | - | - | - | 0.01% | |
| Consumer Staples | 3.68% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.01% | - | - | |
| Beverages | - | - | 1.17% | - | |
| Soft Drinks | - | - | - | 0.78% | |
| Brewers | - | - | - | 0.24% | |
| Distillers & Vintners | - | - | - | 0.15% | |
| Food Producers | - | - | 0.58% | - | |
| Food Products | - | - | - | 0.57% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
| Tobacco | - | - | 0.25% | - | |
| Tobacco | - | - | - | 0.25% | |
| Personal Care, Drug & Grocery Stores | - | 1.67% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.67% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.76% | |
| Personal Products | - | - | - | 0.53% | |
| Drug Retailers | - | - | - | 0.29% | |
| Nondurable Household Products | - | - | - | 0.09% | |
| Basic Materials | 2.38% | - | - | - | |
| Basic Resources | - | 1.45% | - | - | |
| Industrial Metals & Mining | - | - | 1.14% | - | |
| General Mining | - | - | - | 0.63% | |
| Iron & Steel | - | - | - | 0.44% | |
| Copper | - | - | - | 0.04% | |
| Metal Fabricating | - | - | - | 0.03% | |
| Aluminum | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.25% | - | |
| Paper | - | - | - | 0.23% | |
| Diversified Materials | - | - | - | 0.02% | |
| Forestry | - | - | - | 0.00% | |
| Precious Metals & Mining | - | - | 0.06% | - | |
| Gold Mining | - | - | - | 0.06% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Chemicals | - | 0.93% | - | - | |
| Chemicals | - | - | 0.93% | - | |
| Chemicals: Diversified | - | - | - | 0.61% | |
| Specialty Chemicals | - | - | - | 0.19% | |
| Fertilizers | - | - | - | 0.11% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.02% | |
| Energy | 2.32% | - | - | - | |
| Energy | - | 2.32% | - | - | |
| Non-Renewable Energy | - | - | 2.29% | - | |
| Integrated Oil & Gas | - | - | - | 1.44% | |
| Oil: Crude Producers | - | - | - | 0.28% | |
| Oil Refining and Marketing | - | - | - | 0.26% | |
| Oil Equipment & Services | - | - | - | 0.24% | |
| Pipelines | - | - | - | 0.07% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.02% | - | |
| Renewable Energy Equipment | - | - | - | 0.02% | |
| Alternative Fuels | - | - | - | 0.00% | |
| Telecommunications | 2.07% | - | - | - | |
| Telecommunications | - | 2.07% | - | - | |
| Telecommunications Service Providers | - | - | 1.57% | - | |
| Telecommunications Services | - | - | - | 1.44% | |
| Cable Television Services | - | - | - | 0.12% | |
| Telecommunications Equipment | - | - | 0.51% | - | |
| Telecommunications Equipment | - | - | - | 0.51% | |
| Cash and Equivalents | 1.80% | - | - | - | |
| Utilities | 1.59% | - | - | - | |
| Utilities | - | 1.59% | - | - | |
| Electricity | - | - | 0.82% | - | |
| Conventional Electricity | - | - | - | 0.80% | |
| Alternative Electricity | - | - | - | 0.02% | |
| Gas, Water & Multi-utilities | - | - | 0.65% | - | |
| Multi-Utilities | - | - | - | 0.53% | |
| Water | - | - | - | 0.12% | |
| Gas Distribution | - | - | - | 0.00% | |
| Waste & Disposal Services | - | - | 0.12% | - | |
| Waste & Disposal Services | - | - | - | 0.12% | |
| Real Estate | 1.58% | - | - | - | |
| Real Estate | - | 1.58% | - | - | |
| Real Estate Investment Trusts | - | - | 0.93% | - | |
| Residential REITs | - | - | - | 0.18% | |
| Office REITs | - | - | - | 0.17% | |
| Industrial REITs | - | - | - | 0.15% | |
| Retail REITs | - | - | - | 0.11% | |
| Diversified REITs | - | - | - | 0.09% | |
| Infrastructure REITs | - | - | - | 0.07% | |
| Other Specialty REITs | - | - | - | 0.06% | |
| Health Care REITs | - | - | - | 0.05% | |
| Storage REITs | - | - | - | 0.03% | |
| Hotel & Lodging REITs | - | - | - | 0.01% | |
| Real Estate Investment & Services | - | - | 0.65% | - | |
| Real Estate Holding and Development | - | - | - | 0.47% | |
| Real Estate Services | - | - | - | 0.18% | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| North America | 53.80% | |
| Developed Europe - Excl UK | 11.72% | |
| UK | 8.47% | |
| Non-Classified | 8.30% | |
| Emerging Asia | 5.75% | |
| Japan | 4.87% | |
| Developed Asia | 2.81% | |
| Cash and Equivalents | 1.80% | |
| Australia & New Zealand | 1.58% | |
| Other Regions | 0.91% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 61.79% | |
| US Dollar | 36.57% | |
| Cash | 1.57% | |
| Canadian Dollar | 0.04% | |
| Pound Sterling | 0.02% | |
| Euro | 0.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 53.80% | - | |
United States
|
- | 52.73% | |
Canada
|
- | 1.08% | |
| Developed Europe - Excl UK | 11.72% | - | |
France
|
- | 2.13% | |
Germany
|
- | 1.90% | |
Switzerland
|
- | 1.59% | |
Ireland
|
- | 1.35% | |
Netherlands
|
- | 1.21% | |
Spain
|
- | 0.63% | |
Sweden
|
- | 0.51% | |
Luxembourg
|
- | 0.49% | |
Finland
|
- | 0.44% | |
Norway
|
- | 0.44% | |
Belgium
|
- | 0.34% | |
Italy
|
- | 0.32% | |
Denmark
|
- | 0.29% | |
Austria
|
- | 0.07% | |
Portugal
|
- | 0.01% | |
| UK | 8.47% | - | |
United Kingdom
|
- | 8.47% | |
Jersey
|
- | 0.00% | |
| Non-Classified | 8.30% | - | |
| Emerging Asia | 5.75% | - | |
South Korea
|
- | 1.63% | |
China
|
- | 1.21% | |
Taiwan
|
- | 1.11% | |
India
|
- | 0.95% | |
Indonesia
|
- | 0.44% | |
Thailand
|
- | 0.29% | |
Malaysia
|
- | 0.09% | |
Philippines
|
- | 0.03% | |
| Japan | 4.87% | - | |
Japan
|
- | 4.87% | |
| Developed Asia | 2.81% | - | |
Hong Kong
|
- | 1.92% | |
Singapore
|
- | 0.88% | |
| Cash and Equivalents | 1.80% | - | |
| Australia & New Zealand | 1.58% | - | |
Australia
|
- | 1.38% | |
New Zealand
|
- | 0.20% | |
| Property | 0.60% | - | |
| Middle East & Africa | 0.27% | - | |
South Africa
|
- | 0.14% | |
Saudi Arabia
|
- | 0.09% | |
Israel
|
- | 0.04% | |
Cote D'Ivoire
|
- | 0.00% | |
| Emerging Europe | 0.03% | - | |
Poland
|
- | 0.01% | |
Turkey
|
- | 0.01% | |
Greece
|
- | 0.01% | |
Hungary
|
- | 0.01% | |
Czech Republic
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
34.42% |
| Large |
|
11.54% |
| Medium |
|
5.43% |
| Small |
|
0.54% |
| Micro |
|
0.06% |
| Non-Classified |
|
9.57% |
| Bonds |
|
36.64% |
| Cash |
|
1.80% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
16.93% |
| 5Yr - 10Yr Maturity |
|
11.80% |
| 10Yr - 15Yr Maturity |
|
0.87% |
| > 15Yr Maturity |
|
7.03% |
| Cash And Equivalents |
|
1.80% |
| Unknown Maturity |
|
7.94% |
| Other Asset Types |
|
53.63% |
Fixed Interest Quality Profile
| AAA |
|
1.24% |
| AA |
|
0.96% |
| A |
|
12.41% |
| BBB |
|
16.58% |
| Sub-Investment Grade |
|
4.64% |
| Unknown Quality |
|
0.82% |
| Cash and Equivalents |
|
1.80% |
| Other Asset Types |
|
61.56% |
Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G (1) US Corporate Bond - | 30.50% | Managed Funds | Managed Funds |
| 2 | M&G (ACS) Blackrock US Equity Z3A | 22.26% | Managed Funds | Managed Funds |
| 3 | M&G (1) us Short Duration Corporate Bond - | 13.27% | Managed Funds | Managed Funds |
| 4 | M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A | 10.66% | Managed Funds | Managed Funds |
| 5 | PIA UK Equity Ser A | 8.67% | Managed Funds | Managed Funds |
| 6 | M&G (LUX) FCP Europe ex UK Equity Fund Z3A Acc | 6.95% | Managed Funds | Managed Funds |
| 7 | M&G (ACS) Japan Equity Fund Z3A Acc | 4.39% | Managed Funds | Managed Funds |
| 8 | M&G (LUX) FCP Europe ex UK Index Fund Z3A Acc | 2.34% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | CBT US LON BON SEP22 | 1.86% | Non-Classified | Non-Classified |
| 2 | MICROSOFT CORP | 1.52% | Software & Computer Services | United States |
| 3 | APPLE INC | 1.48% | Technology Hardware & Equipment | United States |
| 4 | CBT US 5YR NOT (CB Sep22 | 1.13% | Non-Classified | Non-Classified |
| 5 | CBT US 2YR NOT (CB Sep22 | 1.06% | Non-Classified | Non-Classified |
| 6 | US TRE 2.875% 15/05/2052 | 0.95% | Non-Classified | Non-Classified |
| 7 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. | 0.73% | Technology Hardware & Equipment | Taiwan |
| 8 | US TRE 2.875% 15/05/2032 | 0.63% | Non-Classified | Non-Classified |
| 9 | AMAZON.COM | 0.63% | Retailers | United States |
| 10 | SAMSUNG ELECTRONICS CO. LTD | 0.55% | Technology Hardware & Equipment | South Korea |
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 | 0794648 |
| Mex Code | SBEBD |
| Isin Code | IE0007946480 |
| Citi Code | SY36 |
Fund Charges
| Annual Management Charge (AMC) | 1.75% |
| Further Costs | 0.03% |
| Yearly Total | 1.78% |
Aims and Benchmark
| Aims | Objective: The fund aims to maximise long-term growth (the combination of income and growth of capital). Fund Investments: The fund will invest in a portfolio of international equity funds, international fixed income funds and cash. The fund is denominated in US dollars. |
| Benchmark | Composite |
| Sector | OI Mixed Investment 20-60% Shares |
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 | 1.26 |
| Beta | 1.15 |
| Sharpe | 0.00 |
| Standard Deviation | 11.57 |
| Info Ratio | 0.26 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | Yes |
| 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 | Yes |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
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).
Emerging Markets
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.
High Yield Bonds
The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.
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.
Solvency of Depository
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.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
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 the fund's currency of denomination 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 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.
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.