PIA European Index Tracker Ser A EUR

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

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 3.4% -0.2% -2.0% 28.6% -7.3%
Sector 4.3% -1.2% -2.4% 33.2% -8.3%
Rank 58/94 53/105 64/111 77/115 54/119
Quartile 3 2 3 3 2

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 5.3% 3.8% 5.9%
Sector 6.0% 4.2% 8.0%
Rank 67/111 56/94 58/69
Quartile 3 3 4

Top 10 Holdings

Stock % Weight
NESTLE S.A. 4.62
ROCHE HLDG AG 3.44
ASML HOLDING N.V. 2.61
NOVARTIS AG 2.53
NOVO NORDISK A/S 2.45
LVMH MOET HENNESSY VUITTON 2.15
TOTAL SE 1.83
SANOFI 1.60
SAP SE 1.43
L'OREAL 1.20
Total 23.87

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Legal & General European Index Trust - the underlying fund.

Underlying Fund Objective: The fund aims to provide growth by tracking the performance of the FTSE World Europe ex UK Index. The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of a broad spread of European company shares (excluding UK companies).

Fund Manager

LGIM Index Fund Management Team manager of the underlying fund for 8 years and 10 months

Photo of LGIM Index Fund Management Team The Index Fund Management Team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The Team has average industry experience of 15 years, of which seven ears has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns

Fund Overview

Bid (12/08/2022) 1.74
Offer (12/08/2022) 1.84
Fund size (30/06/2022) €8.51m
Underlying Fund size £2880.57m
Number of holdings 519
Launch date 30/06/1994

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.02%
Yearly Total 1.77%

Asset Allocation

pie chart
  International Equities 94.70%
  Cash and Equivalents 3.10%
  International Bonds 0.38%
  Property 0.24%
  Other Assets 1.57%
Portfolio data accurate as at: 30/06/22

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 94.70%
  Cash and Equivalents 3.10%
  International Bonds 0.38%
  Property 0.24%
  Other Assets 1.57%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Health Care 16.71% - - -
 
Health Care - 16.71% - -
 
Pharmaceuticals & Biotechnology - - 13.27% -
 
Pharmaceuticals - - - 11.69%
 
Biotechnology - - - 1.58%
 
Medical Equipment & Services - - 3.10% -
 
Medical Supplies - - - 1.63%
 
Medical Equipment - - - 1.33%
 
Medical Services - - - 0.14%
 
Health Care Providers - - 0.34% -
 
Health Care Services - - - 0.32%
 
Health Care Facilities - - - 0.02%
 
Financials 15.13% - - -
 
Banks - 6.40% - -
 
Banks - - 6.40% -
 
Banks - - - 6.40%
 
Insurance - 5.45% - -
 
Non-life Insurance - - 4.75% -
 
Full Line Insurance - - - 3.42%
 
Reinsurance - - - 0.99%
 
Property & Casualty Insurance - - - 0.33%
 
Life Insurance - - 0.70% -
 
Life Insurance - - - 0.70%
 
Financial Services - 3.28% - -
 
Investment Banking & Brokerage Services - - 3.28% -
 
Asset Managers & Custodians - - - 1.40%
 
Diversified Financial Services - - - 1.35%
 
Investment Services - - - 0.54%
 
Industrials 14.94% - - -
 
Industrial Goods & Services - 11.52% - -
 
Industrial Transportation - - 2.47% -
 
Delivery Services - - - 0.53%
 
Transportation Services - - - 0.51%
 
Marine Transportation - - - 0.48%
 
Commercial Vehicles & Parts - - - 0.40%
 
Trucking - - - 0.38%
 
Railroads - - - 0.12%
 
Railroad Equipment - - - 0.05%
 
Electronic & Electrical Equipment - - 2.37% -
 
Electrical Components - - - 2.09%
 
Electronic Equipment: Control & Filter - - - 0.25%
 
Electronic Equipment: Other - - - 0.03%
 
Aerospace & Defence - - 1.84% -
 
Aerospace - - - 1.44%
 
Defense - - - 0.40%
 
Industrial Support Services - - 1.79% -
 
Transaction Processing Services - - - 1.00%
 
Professional Business Support Services - - - 0.40%
 
Security Services - - - 0.23%
 
Business Training & Employment Agencies - - - 0.16%
 
Industrial Engineering - - 1.56% -
 
Machinery: Industrial - - - 0.71%
 
Machinery: Construction & Handling - - - 0.33%
 
Machinery: Tools - - - 0.25%
 
Machinery: Agricultural - - - 0.16%
 
Machinery: Engines - - - 0.05%
 
Machinery: Specialty - - - 0.05%
 
General Industrials - - 1.49% -
 
Diversified Industrials - - - 1.31%
 
Containers & Packaging - - - 0.16%
 
Glass - - - 0.03%
 
Construction & Materials - 3.42% - -
 
Construction & Materials - - 3.42% -
 
Building Materials: Other - - - 1.30%
 
Construction - - - 1.06%
 
Cement - - - 0.45%
 
Building, Roofing/Wallboard & Plumbing - - - 0.24%
 
Engineering & Contracting Services - - - 0.20%
 
Building: Climate Control - - - 0.17%
 
Consumer Discretionary 11.73% - - -
 
Consumer Products & Services - 6.83% - -
 
Personal Goods - - 6.09% -
 
Clothing & Accessories - - - 3.34%
 
Cosmetics - - - 1.20%
 
Luxury Items - - - 0.99%
 
Footwear - - - 0.56%
 
Household Goods & Home Construction - - 0.41% -
 
Household Equipment & Products - - - 0.33%
 
Household Appliance - - - 0.07%
 
Consumer Services - - 0.20% -
 
Consumer Services: Misc. - - - 0.15%
 
Rental & Leasing Services: Consumer - - - 0.04%
 
Leisure Goods - - 0.14% -
 
Electronic Entertainment - - - 0.08%
 
Recreational Products - - - 0.04%
 
Toys - - - 0.02%
 
Automobiles & Parts - 2.83% - -
 
Automobiles & Parts - - 2.83% -
 
Automobiles - - - 2.48%
 
Auto Parts - - - 0.25%
 
Tires - - - 0.05%
 
Auto Services - - - 0.05%
 
Media - 0.93% - -
 
Media - - 0.93% -
 
Publishing - - - 0.36%
 
Radio & TV Broadcasters - - - 0.35%
 
Media Agencies - - - 0.18%
 
Entertainment - - - 0.04%
 
Retail - 0.62% - -
 
Retailers - - 0.62% -
 
Apparel Retailers - - - 0.58%
 
Specialty Retailers - - - 0.03%
 
Diversified Retailers - - - 0.01%
 
Travel & Leisure - 0.52% - -
 
Travel & Leisure - - 0.52% -
 
Casinos & Gambling - - - 0.29%
 
Restaurants & Bars - - - 0.09%
 
Hotels & Motels - - - 0.07%
 
Airlines - - - 0.07%
 
Consumer Staples 9.93% - - -
 
Food, Beverage & Tobacco - 8.65% - -
 
Food Producers - - 6.38% -
 
Food Products - - - 6.20%
 
Farming, Fishing, Ranching & Plantations - - - 0.17%
 
Beverages - - 2.05% -
 
Brewers - - - 1.33%
 
Distillers & Vintners - - - 0.68%
 
Soft Drinks - - - 0.04%
 
Tobacco - - 0.22% -
 
Tobacco - - - 0.22%
 
Personal Care, Drug & Grocery Stores - 1.28% - -
 
Personal Care, Drug & Grocery Stores - - 1.28% -
 
Food Retailers & Wholesalers - - - 0.90%
 
Personal Products - - - 0.38%
 
Technology 7.90% - - -
 
Technology - 7.90% - -
 
Software & Computer Services - - 4.11% -
 
Software - - - 2.25%
 
Consumer Digital Services - - - 1.06%
 
Computer Services - - - 0.80%
 
Technology Hardware & Equipment - - 3.79% -
 
Production Technology Equipment - - - 2.78%
 
Semiconductors - - - 0.90%
 
Computer Hardware - - - 0.11%
 
Energy 4.68% - - -
 
Energy - 4.68% - -
 
Non-Renewable Energy - - 4.21% -
 
Integrated Oil & Gas - - - 3.32%
 
Oil Refining and Marketing - - - 0.39%
 
Pipelines - - - 0.25%
 
Oil: Crude Producers - - - 0.16%
 
Oil Equipment & Services - - - 0.09%
 
Renewable Energy - - 0.47% -
 
Renewable Energy Equipment - - - 0.47%
 
Basic Materials 4.49% - - -
 
Chemicals - 3.42% - -
 
Chemicals - - 3.42% -
 
Specialty Chemicals - - - 2.10%
 
Chemicals: Diversified - - - 1.21%
 
Fertilizers - - - 0.11%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Basic Resources - 1.07% - -
 
Industrial Materials - - 0.56% -
 
Paper - - - 0.42%
 
Forestry - - - 0.13%
 
Industrial Metals & Mining - - 0.50% -
 
Iron & Steel - - - 0.25%
 
Aluminum - - - 0.11%
 
Metal Fabricating - - - 0.08%
 
Copper - - - 0.05%
 
Precious Metals & Mining - - 0.01% -
 
Gold Mining - - - 0.01%
 
Utilities 4.25% - - -
 
Utilities - 4.25% - -
 
Electricity - - 2.99% -
 
Conventional Electricity - - - 2.29%
 
Alternative Electricity - - - 0.70%
 
Gas, Water & Multi-utilities - - 1.26% -
 
Multi-Utilities - - - 0.94%
 
Water - - - 0.22%
 
Gas Distribution - - - 0.10%
 
Telecommunications 3.91% - - -
 
Telecommunications - 3.91% - -
 
Telecommunications Service Providers - - 3.20% -
 
Telecommunications Services - - - 3.18%
 
Cable Television Services - - - 0.02%
 
Telecommunications Equipment - - 0.71% -
 
Telecommunications Equipment - - - 0.71%
 
Cash and Equivalents 3.10% - - -
 
Non-Classified 1.57% - - -
 
Real Estate 1.26% - - -
 
Real Estate - 1.26% - -
 
Real Estate Investment & Services - - 0.86% -
 
Real Estate Holding and Development - - - 0.86%
 
Real Estate Investment Trusts - - 0.41% -
 
Office REITs - - - 0.16%
 
Retail REITs - - - 0.13%
 
Industrial REITs - - - 0.06%
 
Diversified REITs - - - 0.05%
 
Bonds 0.38% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 93.65%
  Cash and Equivalents 3.10%
  Non-Classified 1.57%
  Emerging Europe 1.43%
  Property 0.24%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 96.52%
  Cash 3.10%
  Swedish Krona 0.18%
  Swiss Franc 0.14%
  Norwegian Krone 0.05%

Regional Breakdown

Expand allCollapse all
Region Country
 
Developed Europe - Excl UK 93.65% -
 
Switzerland - 20.13%
 
France - 19.60%
 
Germany - 15.47%
 
Netherlands - 10.22%
 
Sweden - 5.71%
 
Denmark - 5.28%
 
Spain - 5.10%
 
Italy - 3.88%
 
Finland - 2.73%
 
Belgium - 2.02%
 
Norway - 1.76%
 
Luxembourg - 0.54%
 
Austria - 0.45%
 
Ireland - 0.40%
 
Portugal - 0.37%
 
Cash and Equivalents 3.10% -
 
Non-Classified 1.57% -
 
Emerging Europe 1.43% -
 
Poland - 0.48%
 
Turkey - 0.36%
 
Greece - 0.28%
 
Hungary - 0.16%
 
Czech Republic - 0.16%
 
Property 0.24% -

Breakdown By Market Cap (%)

Mega
 
 
63.75%
Large
 
 
23.91%
Medium
 
 
5.27%
Small
 
 
0.01%
Micro
 
 
0.01%
Non-Classified
 
 
3.56%
Bonds
 
 
0.38%
Cash
 
 
3.10%

Top 10 Holdings

Stock % Weight Sector Country
1 NESTLE S.A. 4.62% Food Producers Switzerland
2 ROCHE HLDG AG 3.44% Pharmaceuticals & Biotechnology Switzerland
3 ASML HOLDING N.V. 2.61% Technology Hardware & Equipment Netherlands
4 NOVARTIS AG 2.53% Pharmaceuticals & Biotechnology Switzerland
5 NOVO NORDISK A/S 2.45% Pharmaceuticals & Biotechnology Denmark
6 LVMH MOET HENNESSY VUITTON 2.15% Personal Goods France
7 TOTAL SE 1.83% Non-Renewable Energy France
8 SANOFI 1.60% Pharmaceuticals & Biotechnology France
9 SAP SE 1.43% Software & Computer Services Germany
10 L'OREAL 1.20% Personal Goods France

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 7.90% - - - - - - 7.90%
Telecommunications - 3.91% - - - - - - 3.91%
Financials - 15.13% - 0.33% - - - - 15.45%
Real Estate - 1.02% - - - 0.24% 0.04% - 1.31%
Consumer Discretionary - 11.73% - - - - 0.27% - 12.00%
Consumer Staples - 9.93% - 0.05% - - - - 9.99%
Energy - 4.68% - - - - - - 4.68%
Utilities - 4.25% - - - - - - 4.25%
Health Care - 16.71% - - - - 0.34% - 17.05%
Industrials - 14.94% - - - - 0.79% - 15.74%
Basic Materials - 4.49% - - - - 0.13% - 4.62%
Cash and Equivalents - - - - - - - 3.10% 3.10%

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 0794637
Mex Code SBEET
Isin Code IE0007946373
Citi Code SY46

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.02%
Yearly Total 1.77%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Legal & General European Index Trust - the underlying fund. Underlying Fund Objective: The fund aims to provide growth by tracking the performance of the FTSE World Europe ex UK Index. The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of a broad spread of European company shares (excluding UK companies).
Benchmark FTSE Europe ex UK
Sector OI Europe excluding UK Equities

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 1.23
Beta 0.95
Sharpe 0.10
Standard Deviation 18.17
Info Ratio 0.20

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate Yes
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities No
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Exchange Rate

This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

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.