Prudential Managed Income Bond C (ex M&G)
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 | 4.1% | -1.4% | 0.5% | 12.0% | -1.1% |
| Sector | 4.7% | 4.1% | -4.6% | 14.5% | -3.3% |
| Rank | 291/406 | 395/411 | 32/414 | 350/419 | 113/419 |
| Quartile | 3 | 4 | 1 | 4 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/22 |
5 Years to 31/07/22 |
10 Years to 31/07/22 |
||
| Fund | 3.6% | 2.7% | 5.6% | |
| Sector | 1.9% | 2.9% | 5.4% | |
| Rank | 36/414 | 255/406 | 183/377 | |
| Quartile | 1 | 3 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| UNITED STATES TREASURY 0% 11/08/2022 | 4.64 |
| UNITED STATES TREASURY 0% 18/08/2022 | 3.05 |
| CHILE (REPUBLIC OF) 4.7% 01/09/2030 | 2.88 |
| UNITED KINGDOM (GOVERNMENT OF) 0% 10/10/2022 | 2.45 |
| APPLE INC | 1.54 |
| H-SHARES INDEX AUG 22 HKD | 1.36 |
| MICROSOFT CORP | 1.16 |
| AMAZON.COM | 0.72 |
| NESTLE S.A. | 0.52 |
| TESLA INC | 0.46 |
| Total | 18.78 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G Episode Growth Fund - the underlying fund.
Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Mixed Investment 40-85% Shares Sector over any five-year period.
Fund Manager
Craig Simpson was appointed co-manager of the M&G Episode Growth Fund in December 2019, and co-deputy fund manager of the M&G Global Target Return Fund from launch in December 2016. In February 2015, he was appointed Head of Portfolio Management for the Multi Asset team. Craig joined M&G in 2004 as a portfolio manager and has more than 15 years’ experience in the investment industry. Prior to joining M&G, Craig was a trainee fund manager at Equitable Life Assurance and an analyst at Pictet Asset Management. He graduated from the University of Aberdeen with a degree in land economics.
Eric Lonergan joined M&G in 2006 as a member of Dave Fishwick’s Multi Asset team and is manager of the M&G Episode Defensive Fund since launch in September 2012. He is also co-manager of the M&G Episode Macro Fund and the M&G Episode Growth Fund. Prior to joining M&G, Eric was managing director and head of macro research at JP Morgan Cazenove. He has a BA in politics, philosophy and economics from Pembroke College, Oxford, and an MSc in economics from the London School of Economics.
Fund Overview
| Bid (16/08/2022) | 206.20 |
| Offer (16/08/2022) | 216.60 |
| Fund size (30/06/2022) | £20.82m |
| Underlying Fund size | £811.85m |
| Number of holdings | 4049 |
| Launch date | 01/07/1994 |
Fund Charges
| Annual Management Charge (AMC) | 1.50% |
| Further Costs | 0.01% |
| Yearly Total | 1.51% |
Asset Allocation
| International Equities | 40.88% | |
| International Bonds | 17.95% | |
| Cash and Equivalents | 7.09% | |
| UK Equities | 5.63% | |
| UK Corporate Bonds | 3.16% | |
| Property | 0.52% | |
| Alternative Trading Strategies | 0.41% | |
| Money Market | 0.12% | |
| Investment Trusts | 0.01% | |
| Other Assets | 24.24% |
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 | 40.88% | |
| International Bonds | 17.95% | |
| Cash and Equivalents | 7.09% | |
| UK Equities | 5.63% | |
| UK Corporate Bonds | 3.16% | |
| Property | 0.52% | |
| Alternative Trading Strategies | 0.41% | |
| Money Market | 0.12% | |
| Investment Trusts | 0.01% | |
| Other Assets | 24.24% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Non-Classified | 24.46% | - | - | - | |
| Non-Classified | - | 22.21% | - | - | |
| Non-Classified | - | - | 22.21% | - | |
| Non-Classified | - | - | - | 22.21% | |
| Bonds | 21.11% | - | - | - | |
| Technology | 9.15% | - | - | - | |
| Technology | - | 9.15% | - | - | |
| Software & Computer Services | - | - | 5.06% | - | |
| Software | - | - | - | 2.43% | |
| Consumer Digital Services | - | - | - | 2.04% | |
| Computer Services | - | - | - | 0.60% | |
| Technology Hardware & Equipment | - | - | 4.09% | - | |
| Computer Hardware | - | - | - | 1.83% | |
| Semiconductors | - | - | - | 1.44% | |
| Production Technology Equipment | - | - | - | 0.53% | |
| Electronic Components | - | - | - | 0.25% | |
| Electronic Office Equipment | - | - | - | 0.03% | |
| Cash and Equivalents | 7.12% | - | - | - | |
| Financials | 6.97% | - | - | - | |
| Banks | - | 3.25% | - | - | |
| Banks | - | - | 3.25% | - | |
| Banks | - | - | - | 3.25% | |
| Financial Services | - | 2.07% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.58% | - | |
| Investment Services | - | - | - | 0.61% | |
| Asset Managers & Custodians | - | - | - | 0.54% | |
| Diversified Financial Services | - | - | - | 0.43% | |
| Finance & Credit Services | - | - | 0.48% | - | |
| Financial Data & Systems | - | - | - | 0.22% | |
| Mortgage Finance | - | - | - | 0.18% | |
| Consumer Lending | - | - | - | 0.08% | |
| Equity Investment Instruments | - | - | 0.01% | - | |
| Equity Investment Instruments | - | - | - | 0.01% | |
| Mortgage Real Estate Investment Trusts | - | - | 0.01% | - | |
| Mortgage REITs: Residential | - | - | - | 0.01% | |
| Insurance | - | 1.65% | - | - | |
| Non-life Insurance | - | - | 1.03% | - | |
| Full Line Insurance | - | - | - | 0.41% | |
| Property & Casualty Insurance | - | - | - | 0.40% | |
| Insurance Brokers | - | - | - | 0.12% | |
| Reinsurance | - | - | - | 0.11% | |
| Life Insurance | - | - | 0.61% | - | |
| Life Insurance | - | - | - | 0.61% | |
| Consumer Discretionary | 6.78% | - | - | - | |
| Retail | - | 2.27% | - | - | |
| Retailers | - | - | 2.27% | - | |
| Diversified Retailers | - | - | - | 1.64% | |
| Home Improvement Retailers | - | - | - | 0.29% | |
| Specialty Retailers | - | - | - | 0.18% | |
| Apparel Retailers | - | - | - | 0.16% | |
| Consumer Products & Services | - | 1.72% | - | - | |
| Personal Goods | - | - | 0.93% | - | |
| Clothing & Accessories | - | - | - | 0.54% | |
| Footwear | - | - | - | 0.15% | |
| Cosmetics | - | - | - | 0.13% | |
| Luxury Items | - | - | - | 0.12% | |
| Leisure Goods | - | - | 0.29% | - | |
| Electronic Entertainment | - | - | - | 0.17% | |
| Consumer Electronics | - | - | - | 0.08% | |
| Recreational Products | - | - | - | 0.02% | |
| Toys | - | - | - | 0.01% | |
| Recreational Vehicles & Boats | - | - | - | 0.00% | |
| Consumer Services | - | - | 0.27% | - | |
| Consumer Services: Misc. | - | - | - | 0.16% | |
| Vending & Catering Service | - | - | - | 0.10% | |
| Education Services | - | - | - | 0.01% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.01% | |
| Household Goods & Home Construction | - | - | 0.23% | - | |
| Home Construction | - | - | - | 0.16% | |
| Household Equipment & Products | - | - | - | 0.05% | |
| Household Appliance | - | - | - | 0.02% | |
| Household Furnishings | - | - | - | 0.00% | |
| Automobiles & Parts | - | 1.24% | - | - | |
| Automobiles & Parts | - | - | 1.24% | - | |
| Automobiles | - | - | - | 1.08% | |
| Auto Parts | - | - | - | 0.14% | |
| Tires | - | - | - | 0.02% | |
| Auto Services | - | - | - | 0.01% | |
| Travel & Leisure | - | 0.89% | - | - | |
| Travel & Leisure | - | - | 0.89% | - | |
| Restaurants & Bars | - | - | - | 0.33% | |
| Casinos & Gambling | - | - | - | 0.24% | |
| Hotels & Motels | - | - | - | 0.14% | |
| Travel & Tourism | - | - | - | 0.13% | |
| Airlines | - | - | - | 0.03% | |
| Recreational Services | - | - | - | 0.03% | |
| Media | - | 0.65% | - | - | |
| Media | - | - | 0.65% | - | |
| Media Agencies | - | - | - | 0.19% | |
| Publishing | - | - | - | 0.18% | |
| Entertainment | - | - | - | 0.18% | |
| Radio & TV Broadcasters | - | - | - | 0.10% | |
| Industrials | 6.66% | - | - | - | |
| Industrial Goods & Services | - | 5.85% | - | - | |
| Industrial Support Services | - | - | 1.76% | - | |
| Transaction Processing Services | - | - | - | 0.80% | |
| Professional Business Support Services | - | - | - | 0.67% | |
| Industrial Suppliers | - | - | - | 0.12% | |
| Business Training & Employment Agencies | - | - | - | 0.10% | |
| Security Services | - | - | - | 0.03% | |
| Forms & Bulk Printing Services | - | - | - | 0.03% | |
| Industrial Transportation | - | - | 1.19% | - | |
| Railroads | - | - | - | 0.32% | |
| Marine Transportation | - | - | - | 0.28% | |
| Delivery Services | - | - | - | 0.20% | |
| Transportation Services | - | - | - | 0.15% | |
| Trucking | - | - | - | 0.09% | |
| Commercial Vehicles & Parts | - | - | - | 0.07% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.06% | |
| Railroad Equipment | - | - | - | 0.02% | |
| General Industrials | - | - | 1.00% | - | |
| Diversified Industrials | - | - | - | 0.68% | |
| Containers & Packaging | - | - | - | 0.22% | |
| Paints & Coatings | - | - | - | 0.06% | |
| Plastics | - | - | - | 0.03% | |
| Glass | - | - | - | 0.01% | |
| Aerospace & Defence | - | - | 0.68% | - | |
| Aerospace | - | - | - | 0.38% | |
| Defense | - | - | - | 0.30% | |
| Electronic & Electrical Equipment | - | - | 0.62% | - | |
| Electrical Components | - | - | - | 0.25% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.19% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.12% | |
| Electronic Equipment: Other | - | - | - | 0.04% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.02% | |
| Industrial Engineering | - | - | 0.61% | - | |
| Machinery: Industrial | - | - | - | 0.24% | |
| Machinery: Construction & Handling | - | - | - | 0.12% | |
| Machinery: Tools | - | - | - | 0.09% | |
| Machinery: Agricultural | - | - | - | 0.09% | |
| Machinery: Engines | - | - | - | 0.08% | |
| Machinery: Specialty | - | - | - | 0.00% | |
| Construction & Materials | - | 0.81% | - | - | |
| Construction & Materials | - | - | 0.81% | - | |
| Building Materials: Other | - | - | - | 0.29% | |
| Construction | - | - | - | 0.18% | |
| Cement | - | - | - | 0.12% | |
| Engineering & Contracting Services | - | - | - | 0.10% | |
| Building: Climate Control | - | - | - | 0.09% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.03% | |
| Health Care | 5.69% | - | - | - | |
| Health Care | - | 5.69% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.69% | - | |
| Pharmaceuticals | - | - | - | 3.22% | |
| Biotechnology | - | - | - | 0.48% | |
| Medical Equipment & Services | - | - | 1.35% | - | |
| Medical Equipment | - | - | - | 0.95% | |
| Medical Supplies | - | - | - | 0.36% | |
| Medical Services | - | - | - | 0.04% | |
| Health Care Providers | - | - | 0.65% | - | |
| Health Care Management Services | - | - | - | 0.50% | |
| Health Care Services | - | - | - | 0.10% | |
| Health Care Facilities | - | - | - | 0.05% | |
| Consumer Staples | 3.52% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.43% | - | - | |
| Food Producers | - | - | 1.14% | - | |
| Food Products | - | - | - | 1.05% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.05% | |
| Fruit & Grain Processing | - | - | - | 0.04% | |
| Beverages | - | - | 0.92% | - | |
| Soft Drinks | - | - | - | 0.37% | |
| Distillers & Vintners | - | - | - | 0.34% | |
| Brewers | - | - | - | 0.21% | |
| Tobacco | - | - | 0.38% | - | |
| Tobacco | - | - | - | 0.38% | |
| Personal Care, Drug & Grocery Stores | - | 1.09% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.09% | - | |
| Personal Products | - | - | - | 0.55% | |
| Food Retailers & Wholesalers | - | - | - | 0.27% | |
| Drug Retailers | - | - | - | 0.15% | |
| Nondurable Household Products | - | - | - | 0.12% | |
| Energy | 2.13% | - | - | - | |
| Energy | - | 2.13% | - | - | |
| Non-Renewable Energy | - | - | 2.00% | - | |
| Integrated Oil & Gas | - | - | - | 1.05% | |
| Oil: Crude Producers | - | - | - | 0.34% | |
| Pipelines | - | - | - | 0.21% | |
| Oil Refining and Marketing | - | - | - | 0.20% | |
| Oil Equipment & Services | - | - | - | 0.17% | |
| Coal | - | - | - | 0.03% | |
| Offshore Drilling & Other Services | - | - | - | 0.02% | |
| Renewable Energy | - | - | 0.12% | - | |
| Renewable Energy Equipment | - | - | - | 0.11% | |
| Alternative Fuels | - | - | - | 0.01% | |
| Basic Materials | 1.86% | - | - | - | |
| Basic Resources | - | 1.03% | - | - | |
| Industrial Metals & Mining | - | - | 0.84% | - | |
| General Mining | - | - | - | 0.53% | |
| Iron & Steel | - | - | - | 0.13% | |
| Metal Fabricating | - | - | - | 0.08% | |
| Copper | - | - | - | 0.05% | |
| Aluminum | - | - | - | 0.02% | |
| Nonferrous Metals | - | - | - | 0.02% | |
| Precious Metals & Mining | - | - | 0.11% | - | |
| Gold Mining | - | - | - | 0.10% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.09% | - | |
| Paper | - | - | - | 0.06% | |
| Forestry | - | - | - | 0.02% | |
| Diversified Materials | - | - | - | 0.01% | |
| Textile Products | - | - | - | 0.00% | |
| Chemicals | - | 0.83% | - | - | |
| Chemicals | - | - | 0.83% | - | |
| Chemicals: Diversified | - | - | - | 0.49% | |
| Specialty Chemicals | - | - | - | 0.27% | |
| Fertilizers | - | - | - | 0.07% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.01% | |
| Utilities | 1.50% | - | - | - | |
| Utilities | - | 1.50% | - | - | |
| Electricity | - | - | 0.93% | - | |
| Conventional Electricity | - | - | - | 0.82% | |
| Alternative Electricity | - | - | - | 0.11% | |
| Gas, Water & Multi-utilities | - | - | 0.49% | - | |
| Multi-Utilities | - | - | - | 0.33% | |
| Water | - | - | - | 0.09% | |
| Gas Distribution | - | - | - | 0.07% | |
| Waste & Disposal Services | - | - | 0.08% | - | |
| Waste & Disposal Services | - | - | - | 0.08% | |
| Telecommunications | 1.40% | - | - | - | |
| Telecommunications | - | 1.40% | - | - | |
| Telecommunications Service Providers | - | - | 1.09% | - | |
| Telecommunications Services | - | - | - | 0.93% | |
| Cable Television Services | - | - | - | 0.16% | |
| Telecommunications Equipment | - | - | 0.31% | - | |
| Telecommunications Equipment | - | - | - | 0.31% | |
| Real Estate | 1.26% | - | - | - | |
| Real Estate | - | 1.26% | - | - | |
| Real Estate Investment Trusts | - | - | 0.84% | - | |
| Residential REITs | - | - | - | 0.16% | |
| Infrastructure REITs | - | - | - | 0.14% | |
| Industrial REITs | - | - | - | 0.12% | |
| Retail REITs | - | - | - | 0.11% | |
| Other Specialty REITs | - | - | - | 0.08% | |
| Health Care REITs | - | - | - | 0.05% | |
| Diversified REITs | - | - | - | 0.05% | |
| Office REITs | - | - | - | 0.05% | |
| Storage REITs | - | - | - | 0.03% | |
| Hotel & Lodging REITs | - | - | - | 0.03% | |
| Timber REITs | - | - | - | 0.02% | |
| Real Estate Investment & Services | - | - | 0.42% | - | |
| Real Estate Holding and Development | - | - | - | 0.31% | |
| Real Estate Services | - | - | - | 0.11% | |
| Alternative Trading Strategies | 0.41% | - | - | - | |
| Alternative Trading Strategies | - | 0.41% | - | - | |
| Alternative Trading Strategies | - | - | 0.41% | - | |
| Alternative Trading Strategies | - | - | - | 0.41% | |
Regional Allocation
| North America | 34.16% | |
| Non-Classified | 24.82% | |
| Developed Europe - Excl UK | 13.45% | |
| UK | 8.79% | |
| Cash and Equivalents | 7.21% | |
| Emerging Asia | 3.34% | |
| South & Central America | 2.97% | |
| Japan | 1.83% | |
| Developed Asia | 1.65% | |
| Other Regions | 1.78% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 71.83% | |
| Pound Sterling | 7.63% | |
| Cash | 7.06% | |
| Unrecognised | 5.38% | |
| US Dollar | 5.07% | |
| Chilean Peso | 2.88% | |
| Other Currencies | 0.14% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 34.16% | - | |
United States
|
- | 32.93% | |
Canada
|
- | 1.23% | |
| Non-Classified | 24.82% | - | |
| Developed Europe - Excl UK | 13.45% | - | |
France
|
- | 2.95% | |
Switzerland
|
- | 2.42% | |
Netherlands
|
- | 2.04% | |
Germany
|
- | 1.76% | |
Spain
|
- | 0.70% | |
Denmark
|
- | 0.69% | |
Ireland
|
- | 0.68% | |
Sweden
|
- | 0.67% | |
Italy
|
- | 0.42% | |
Belgium
|
- | 0.31% | |
Finland
|
- | 0.30% | |
Norway
|
- | 0.26% | |
Luxembourg
|
- | 0.17% | |
Austria
|
- | 0.05% | |
Portugal
|
- | 0.04% | |
| UK | 8.79% | - | |
United Kingdom
|
- | 8.79% | |
| Cash and Equivalents | 7.21% | - | |
| Emerging Asia | 3.34% | - | |
China
|
- | 2.10% | |
South Korea
|
- | 0.44% | |
Taiwan
|
- | 0.35% | |
India
|
- | 0.31% | |
Indonesia
|
- | 0.07% | |
Thailand
|
- | 0.07% | |
| South & Central America | 2.97% | - | |
Chile
|
- | 2.88% | |
Mexico
|
- | 0.08% | |
| Japan | 1.83% | - | |
Japan
|
- | 1.83% | |
| Developed Asia | 1.65% | - | |
Hong Kong
|
- | 1.35% | |
Singapore
|
- | 0.30% | |
| Australia & New Zealand | 1.16% | - | |
Australia
|
- | 1.12% | |
New Caledonia
|
- | 0.02% | |
New Zealand
|
- | 0.02% | |
| Property | 0.52% | - | |
| Middle East & Africa | 0.07% | - | |
Israel
|
- | 0.07% | |
| Emerging Europe | 0.03% | - | |
Poland
|
- | 0.03% | |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
7.49% |
| 5Yr - 10Yr Maturity |
|
5.18% |
| 10Yr - 15Yr Maturity |
|
1.14% |
| > 15Yr Maturity |
|
7.31% |
| Cash And Equivalents |
|
7.12% |
| Unknown Maturity |
|
2.12% |
| Other Asset Types |
|
69.66% |
Fixed Interest Quality Profile
| AAA |
|
5.57% |
| AA |
|
0.64% |
| A |
|
2.67% |
| BBB |
|
4.33% |
| Sub-Investment Grade |
|
0.06% |
| Unknown Quality |
|
7.84% |
| Cash and Equivalents |
|
7.12% |
| Other Asset Types |
|
71.77% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | UNITED STATES TREASURY 0% 11/08/2022 | 4.64% | Bonds | United States |
| 2 | UNITED STATES TREASURY 0% 18/08/2022 | 3.05% | Non-Classified | Non-Classified |
| 3 | CHILE (REPUBLIC OF) 4.7% 01/09/2030 | 2.88% | Bonds | Chile |
| 4 | UNITED KINGDOM (GOVERNMENT OF) 0% 10/10/2022 | 2.45% | Non-Classified | Non-Classified |
| 5 | APPLE INC | 1.54% | Technology Hardware & Equipment | United States |
| 6 | H-SHARES INDEX AUG 22 HKD | 1.36% | Non-Classified | Non-Classified |
| 7 | MICROSOFT CORP | 1.16% | Software & Computer Services | United States |
| 8 | AMAZON.COM | 0.72% | Retailers | United States |
| 9 | NESTLE S.A. | 0.52% | Food Producers | Switzerland |
| 10 | TESLA INC | 0.46% | Automobiles & Parts | United States |
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 | 0596190 |
| Mex Code | MGMINC |
| Isin Code | GB0005961908 |
| Citi Code | MA88 |
Fund Charges
| Annual Management Charge (AMC) | 1.50% |
| Further Costs | 0.01% |
| Yearly Total | 1.51% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the M&G Episode Growth Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Mixed Investment 40-85% Shares Sector over any five-year period. |
| Benchmark | IA Mixed Investment 40%-85% Shares sector average |
| ABI Sector | Mixed Investment 40-85% 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 | 1.66 |
| Beta | 1.05 |
| Sharpe | 0.01 |
| Standard Deviation | 11.11 |
| Info Ratio | 0.60 |
Risk Factors
| 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 | Yes |
| Umbrella Liabilities | Yes |
| New Fund | No |
| Solvency of Depository | No |
| 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.
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.
Income Eroding Capital Growth
The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.
Umbrella Liabilities
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
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 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.