PIA North American Ser B

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

28/02/19
to
29/02/20
29/02/20
to
28/02/21
28/02/21
to
28/02/22
28/02/22
to
28/02/23
28/02/23
to
29/02/24
Fund 6.3% 18.1% 15.8% 1.6% 21.1%
Sector 9.1% 21.0% 11.2% 2.7% 17.6%
Rank 102/129 87/136 44/147 88/147 66/150
Quartile 4 3 2 3 2

Annualised performance

Annualised
3 Years to
29/02/24
5 Years to
29/02/24
10 Years to
29/02/24
Fund 12.5% 12.3% 13.2%
Sector 10.3% 12.1% 12.1%
Rank 42/146 76/128 41/88
Quartile 2 3 2

Top 10 Holdings

Stock % Weight
MICROSOFT CORPORATION 7.68
APPLE 6.27
NVIDIA CORP 4.66
AMAZON.COM 3.72
META PLATFORMS 2.73
ALPHABET INC 1.96
ALPHABET INC 1.84
JPMORGAN CHASE & CO 1.62
JOHNSON & JOHNSON 1.60
COCA-COLA COMPANY(THE) 1.50
Total 33.58

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G (ACS) BlackRock US Equity Fund - the underlying fund.

Underlying Fund Objective: The Sub-Fund aims to reflect the risk and return characteristics of the S&P 500 Index gross of the Ongoing Charges Figure and is expected to have an ex ante tracking error of around 1%.

The Sub-Investment Manager uses a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as the Index in order to meet the Sub-Fund's investment objective; in addition the Sub-Investment Manager aims to maximise the Sub-Fund's ESG characteristics by overweighting its investments in securities which score well against the Sub-Investment Manager's ESG research framework, and underweighting the securities which score less well.

Fund Manager

BlackRock manager for 2 years and 6 months

Photo of BlackRock TBC

Fund Overview

Bid (27/03/2024) 7.28
Offer (27/03/2024) 7.66
Fund size (29/02/2024) £15.58m
Number of holdings 191
Launch date 09/04/2003

Fund Charges

Annual Management Charge (AMC) 1.20%
Further Costs 0.02%
Yearly Total 1.22%

Asset Allocation

pie chart
  International Equities 98.31%
  Property 1.30%
  Cash and Equivalents 0.25%
  International Bonds 0.24%
  Other Assets -0.10%
Portfolio data accurate as at: 29/02/24

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 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 98.31%
  Property 1.30%
  Cash and Equivalents 0.25%
  International Bonds 0.24%
  Other Assets -0.10%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 33.82% - - -
 
Technology - 33.82% - -
 
Software & Computer Services - - 17.55% -
 
Software - - - 10.11%
 
Consumer Digital Services - - - 6.53%
 
Computer Services - - - 0.91%
 
Technology Hardware & Equipment - - 16.27% -
 
Semiconductors - - - 8.03%
 
Computer Hardware - - - 6.60%
 
Production Technology Equipment - - - 1.56%
 
Electronic Components - - - 0.08%
 
Consumer Discretionary 13.53% - - -
 
Retail - 7.25% - -
 
Retailers - - 7.25% -
 
Diversified Retailers - - - 4.80%
 
Specialty Retailers - - - 0.96%
 
Home Improvement Retailers - - - 0.76%
 
Apparel Retailers - - - 0.73%
 
Travel & Leisure - 2.33% - -
 
Travel & Leisure - - 2.33% -
 
Restaurants & Bars - - - 2.21%
 
Travel & Tourism - - - 0.10%
 
Airlines - - - 0.02%
 
Automobiles & Parts - 1.84% - -
 
Automobiles & Parts - - 1.84% -
 
Automobiles - - - 1.84%
 
Media - 1.36% - -
 
Media - - 1.36% -
 
Entertainment - - - 1.02%
 
Media Agencies - - - 0.34%
 
Consumer Products & Services - 0.75% - -
 
Consumer Services - - 0.33% -
 
Consumer Services: Misc. - - - 0.33%
 
Household Goods & Home Construction - - 0.25% -
 
Household Appliance - - - 0.25%
 
Personal Goods - - 0.17% -
 
Footwear - - - 0.15%
 
Clothing & Accessories - - - 0.02%
 
Industrials 12.89% - - -
 
Industrial Goods & Services - 12.06% - -
 
Industrial Support Services - - 5.59% -
 
Transaction Processing Services - - - 3.10%
 
Professional Business Support Services - - - 2.42%
 
Business Training & Employment Agencies - - - 0.07%
 
General Industrials - - 2.92% -
 
Diversified Industrials - - - 2.75%
 
Containers & Packaging - - - 0.17%
 
Industrial Transportation - - 1.16% -
 
Delivery Services - - - 0.61%
 
Transportation Services - - - 0.28%
 
Trucking - - - 0.21%
 
Railroads - - - 0.06%
 
Industrial Engineering - - 1.02% -
 
Machinery: Engines - - - 0.61%
 
Machinery: Tools - - - 0.17%
 
Machinery: Construction & Handling - - - 0.16%
 
Machinery: Industrial - - - 0.08%
 
Electronic & Electrical Equipment - - 0.95% -
 
Electronic Equipment: Pollution Control - - - 0.65%
 
Electronic Equipment: Control & Filter - - - 0.18%
 
Electronic Equipment: Gauges & Meters - - - 0.12%
 
Aerospace & Defence - - 0.42% -
 
Aerospace - - - 0.42%
 
Construction & Materials - 0.83% - -
 
Construction & Materials - - 0.83% -
 
Building: Climate Control - - - 0.83%
 
Health Care 12.07% - - -
 
Health Care - 12.07% - -
 
Pharmaceuticals & Biotechnology - - 6.44% -
 
Pharmaceuticals - - - 5.98%
 
Biotechnology - - - 0.46%
 
Medical Equipment & Services - - 3.72% -
 
Medical Equipment - - - 3.36%
 
Medical Supplies - - - 0.36%
 
Health Care Providers - - 1.91% -
 
Health Care Management Services - - - 1.91%
 
Financials 9.45% - - -
 
Financial Services - 4.23% - -
 
Investment Banking & Brokerage Services - - 2.79% -
 
Investment Services - - - 1.53%
 
Diversified Financial Services - - - 0.71%
 
Asset Managers & Custodians - - - 0.55%
 
Finance & Credit Services - - 1.44% -
 
Financial Data & Systems - - - 1.44%
 
Banks - 3.29% - -
 
Banks - - 3.29% -
 
Banks - - - 3.29%
 
Insurance - 1.93% - -
 
Non-life Insurance - - 1.50% -
 
Full Line Insurance - - - 0.95%
 
Insurance Brokers - - - 0.24%
 
Property & Casualty Insurance - - - 0.18%
 
Reinsurance - - - 0.13%
 
Life Insurance - - 0.43% -
 
Life Insurance - - - 0.43%
 
Consumer Staples 4.91% - - -
 
Food, Beverage & Tobacco - 2.57% - -
 
Beverages - - 2.55% -
 
Soft Drinks - - - 2.55%
 
Food Producers - - 0.02% -
 
Food Products - - - 0.02%
 
Personal Care, Drug & Grocery Stores - 2.34% - -
 
Personal Care, Drug & Grocery Stores - - 2.34% -
 
Personal Products - - - 1.20%
 
Drug Retailers - - - 0.71%
 
Food Retailers & Wholesalers - - - 0.41%
 
Nondurable Household Products - - - 0.02%
 
Energy 3.45% - - -
 
Energy - 3.45% - -
 
Non-Renewable Energy - - 3.45% -
 
Oil: Crude Producers - - - 1.35%
 
Integrated Oil & Gas - - - 1.23%
 
Oil Refining and Marketing - - - 0.49%
 
Oil Equipment & Services - - - 0.30%
 
Pipelines - - - 0.08%
 
Real Estate 2.77% - - -
 
Real Estate - 2.77% - -
 
Real Estate Investment Trusts - - 2.00% -
 
Industrial REITs - - - 0.71%
 
Timber REITs - - - 0.48%
 
Retail REITs - - - 0.29%
 
Health Care REITs - - - 0.23%
 
Office REITs - - - 0.12%
 
Other Specialty REITs - - - 0.10%
 
Hotel & Lodging REITs - - - 0.07%
 
Real Estate Investment & Services - - 0.77% -
 
Real Estate Services - - - 0.77%
 
Utilities 2.63% - - -
 
Utilities - 2.63% - -
 
Electricity - - 2.09% -
 
Conventional Electricity - - - 2.09%
 
Waste & Disposal Services - - 0.37% -
 
Waste & Disposal Services - - - 0.37%
 
Gas, Water & Multi-utilities - - 0.17% -
 
Multi-Utilities - - - 0.17%
 
Basic Materials 2.31% - - -
 
Chemicals - 1.79% - -
 
Chemicals - - 1.79% -
 
Chemicals: Diversified - - - 1.56%
 
Specialty Chemicals - - - 0.23%
 
Basic Resources - 0.52% - -
 
Industrial Materials - - 0.27% -
 
Diversified Materials - - - 0.25%
 
Paper - - - 0.02%
 
Industrial Metals & Mining - - 0.25% -
 
Iron & Steel - - - 0.19%
 
Copper - - - 0.06%
 
Telecommunications 1.78% - - -
 
Telecommunications - 1.78% - -
 
Telecommunications Equipment - - 0.97% -
 
Telecommunications Equipment - - - 0.97%
 
Telecommunications Service Providers - - 0.81% -
 
Telecommunications Services - - - 0.70%
 
Cable Television Services - - - 0.11%
 
Cash and Equivalents 0.25% - - -
 
Bonds 0.24% - - -
 
Non-Classified -0.10% - - -

Regional Allocation

pie chart
  North America 93.90%
  Developed Europe - Excl UK 4.65%
  Property 1.30%
  Cash and Equivalents 0.25%
  Non-Classified -0.10%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.51%
  Cash 0.25%
  US Dollar 0.24%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 93.90% -
 
United States - 93.90%
 
Developed Europe - Excl UK 4.65% -
 
Ireland - 3.94%
 
Netherlands - 0.69%
 
Switzerland - 0.02%
 
Property 1.30% -
 
Cash and Equivalents 0.25% -
 
Non-Classified -0.10% -

Breakdown By Market Cap (%)

Mega
 
 
78.45%
Large
 
 
16.42%
Medium
 
 
1.08%
Non-Classified
 
 
3.56%
Bonds
 
 
0.24%
Cash
 
 
0.25%

Top 10 Holdings

Stock % Weight Sector Country
1 MICROSOFT CORPORATION 7.68% Software & Computer Services United States
2 APPLE 6.27% Technology Hardware & Equipment United States
3 NVIDIA CORP 4.66% Technology Hardware & Equipment United States
4 AMAZON.COM 3.72% Retailers United States
5 META PLATFORMS 2.73% Software & Computer Services United States
6 ALPHABET INC 1.96% Software & Computer Services United States
7 ALPHABET INC 1.84% Software & Computer Services United States
8 JPMORGAN CHASE & CO 1.62% Banks United States
9 JOHNSON & JOHNSON 1.60% Pharmaceuticals & Biotechnology United States
10 COCA-COLA COMPANY(THE) 1.50% Beverages United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 33.82% - - - - - - 33.82%
Telecommunications - 1.78% - - - - - - 1.78%
Financials - 9.45% - - - - - - 9.45%
Real Estate - 1.47% - - - 1.30% - - 2.77%
Consumer Discretionary - 13.53% - 0.24% - - - - 13.77%
Consumer Staples - 4.91% - - - - - - 4.91%
Energy - 3.45% - - - - - - 3.45%
Utilities - 2.63% - - - - - - 2.63%
Health Care - 12.07% - - - - - - 12.07%
Industrials - 12.89% - - - - - - 12.89%
Basic Materials - 2.31% - - - - - - 2.31%
Cash and Equivalents - - - - - - - 0.25% 0.25%
Non-Classified - - - - - - -0.10% - -0.10%

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 3283013
Mex Code SBNAM
Isin Code IE0032830139
Citi Code S785

Fund Charges

Annual Management Charge (AMC) 1.20%
Further Costs 0.02%
Yearly Total 1.22%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G (ACS) BlackRock US Equity Fund - the underlying fund. Underlying Fund Objective: The Sub-Fund aims to reflect the risk and return characteristics of the S&P 500 Index gross of the Ongoing Charges Figure and is expected to have an ex ante tracking error of around 1%. The Sub-Investment Manager uses a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as the Index in order to meet the Sub-Fund's investment objective; in addition the Sub-Investment Manager aims to maximise the Sub-Fund's ESG characteristics by overweighting its investments in securities which score well against the Sub-Investment Manager's ESG research framework, and underweighting the securities which score less well.
Benchmark S&P 500
Sector OI North America Equities

Ratings

FE Crown Crown Rating of 3

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 5.78
Beta 0.80
Sharpe 0.72
Standard Deviation 12.56
Info Ratio 0.65

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.