Prudential M&G Property Portfolio Acc (ex M&G)

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 6.3% -0.7% -10.9% -2.2% 9.1%
Sector 7.3% 0.7% -6.1% 3.0% 11.8%
Rank 54/97 69/98 82/99 81/99 80/99
Quartile 3 3 4 4 4

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund -1.7% 0.1% 3.8%
Sector 2.6% 3.1% 4.4%
Rank 80/99 77/97 59/95
Quartile 4 4 3

Top 10 Holdings

Stock % Weight
JUNCTION SIX BIRMINGHAM 9.61
PARC TROSTRE RETAIL PARK, LLAN 8.65
PORTLAND RIDING ESTATE 80 92 6.56
3 TEMPLE QUAY BRISTOL 5.72
FREMLIN WALK 4.49
SELLY OAK STUDENT QUARTER 3.93
GRACECHURCH CENTRE 3.87
MEDWAY VALLEY LEISURE PARK ROC 3.76
A1 A29 ALTENS IND EST ABERDEEN 2.78
CAPITOL THEATRE ABERDEEN 2.72
Total 52.10

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G Property Portfolio.

Underlying Fund Objective: The investment objective of the fund is to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In doing so, the Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure and Property Expense Ratio, than the average return of the IA UK Direct Property Sector over any five-year period. At least 70% of the fund is invested directly in a diversified portfolio of commercial property in the UK. This may be reduced to 60%, if it is considered prudent for liquidity management. The fund may also invest in other property related assets such as: • other types of property, including residential property; • property of any type outside the UK; • funds (including funds managed by M&G); and • transferable securities (such as shares and bonds); and money market instruments. For liquidity management, the fund may invest in cash; near cash; money market instruments; and government bonds, directly, or via funds (including funds managed by M&G). Derivatives may be used for investment purposes, efficient portfolio management and hedging.

Fund Manager

Justin Upton manager for 4 years and 4 months

Photo of Justin Upton .

Fund Overview

Bid (12/08/2022) 1793.50
Offer (12/08/2022) 1883.20
Fund size (30/06/2022) £9.60m
Number of holdings 44
Launch date 29/04/1971

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.95%
Yearly Total 1.95%

Asset Allocation

pie chart
  Property 77.39%
  Cash and Equivalents 20.50%
  UK Equities 1.66%
  Investment Trusts 0.45%
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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  Property 77.39%
  Cash and Equivalents 20.50%
  UK Equities 1.66%
  Investment Trusts 0.45%

Regional Allocation

pie chart
  Property 77.39%
  Cash and Equivalents 20.50%
  UK 1.66%
  Non-Classified 0.45%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 88.98%
  Cash 8.18%
  Pound Sterling 2.83%

Regional Breakdown

Expand allCollapse all
Region Country
 
Property 77.39% -
 
Cash and Equivalents 20.50% -
 
UK 1.66% -
 
United Kingdom - 1.66%
 
Non-Classified 0.45% -

Property Regions

pie chart
  SOUTH EAST 53.94%
  THE MIDLANDS 14.25%
  THE NORTH 8.85%
  CENTRAL LONDON 3.57%
  SOUTH WEST 2.27%
  OTHER 17.12%

Asset Allocation

pie chart
  Office 30.45%
  Shop 25.69%
  Retail Warehouse 16.01%
  Industrial 11.95%
  Shopping Centre 9.70%
  Other 6.19%

Top 10 Holdings

Stock % Weight Sector Country
1 JUNCTION SIX BIRMINGHAM 9.61% Property Direct Property and REITs
2 PARC TROSTRE RETAIL PARK, LLAN 8.65% Property Direct Property and REITs
3 PORTLAND RIDING ESTATE 80 92 6.56% Property Direct Property and REITs
4 3 TEMPLE QUAY BRISTOL 5.72% Property Direct Property and REITs
5 FREMLIN WALK 4.49% Property Direct Property and REITs
6 SELLY OAK STUDENT QUARTER 3.93% Property Direct Property and REITs
7 GRACECHURCH CENTRE 3.87% Property Direct Property and REITs
8 MEDWAY VALLEY LEISURE PARK ROC 3.76% Property Direct Property and REITs
9 A1 A29 ALTENS IND EST ABERDEEN 2.78% Property Direct Property and REITs
10 CAPITOL THEATRE ABERDEEN 2.72% Property Direct Property and REITs

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Financials - - - - - - 0.45% - 0.45%
Real Estate 1.66% - - - - 4.86% - - 6.52%
Property - - - - - 72.54% - - 72.54%
Cash and Equivalents - - - - - - - 20.50% 20.50%

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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

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).

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 0550390
Mex Code MGPA
Isin Code GB0005503908
Citi Code MA56

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.95%
Yearly Total 1.95%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G Property Portfolio. Underlying Fund Objective: The investment objective of the fund is to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In doing so, the Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure and Property Expense Ratio, than the average return of the IA UK Direct Property Sector over any five-year period. At least 70% of the fund is invested directly in a diversified portfolio of commercial property in the UK. This may be reduced to 60%, if it is considered prudent for liquidity management. The fund may also invest in other property related assets such as: • other types of property, including residential property; • property of any type outside the UK; • funds (including funds managed by M&G); and • transferable securities (such as shares and bonds); and money market instruments. For liquidity management, the fund may invest in cash; near cash; money market instruments; and government bonds, directly, or via funds (including funds managed by M&G). Derivatives may be used for investment purposes, efficient portfolio management and hedging.
Benchmark IA UK Direct Property
ABI Sector UK Direct Property

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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

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 -4.58
Beta 1.05
Sharpe 0.00
Standard Deviation 3.56
Info Ratio -1.96

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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

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.