PIA European Index Tracker Ser A EUR
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
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
| International Equities | 94.70% | |
| Cash and Equivalents | 3.10% | |
| International Bonds | 0.38% | |
| Property | 0.24% | |
| Other Assets | 1.57% |
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 | 94.70% | |
| Cash and Equivalents | 3.10% | |
| International Bonds | 0.38% | |
| Property | 0.24% | |
| Other Assets | 1.57% |
Equity Sector Breakdown
| 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
| 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
| Non-Fixed Interest Assets | 96.52% | |
| Cash | 3.10% | |
| Swedish Krona | 0.18% | |
| Swiss Franc | 0.14% | |
| Norwegian Krone | 0.05% |
Regional Breakdown
| 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.