30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
---|---|---|---|---|---|
Fund | -0.8% | -1.1% | -0.2% | 2.7% | 3.4% |
Sector | -0.4% | -0.7% | 0.1% | 2.9% | 3.6% |
Rank | 24/27 | 24/27 | 25/27 | 21/27 | 20/27 |
Quartile | 4 | 4 | 4 | 4 | 3 |
Annualised | ||||
---|---|---|---|---|
3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
Fund | 1.9% | 0.8% | 0.0% | |
Sector | 2.2% | 1.1% | 0.4% | |
Rank | 24/27 | 25/27 | 23/26 | |
Quartile | 4 | 4 | 4 |
Stock | % Weight |
---|---|
Cash | 42.00 |
M + G INVESTMENT MANAGEMENT LI | 29.21 |
HSBC BANK PLC | 28.80 |
Total | 100.00 |
The investment strategy of the fund is to provide an investment return that is consistent with a high degree of security with short-term liquidity. The fund holds a mixture of deposits and short-term bonds and securities issued by banks, the UK Government, local authorities and leading UK companies.
Performance Objective: To perform in line with the benchmark before charges on a rolling three year basis.
M&G Cash and Currency is responsible for cash management on behalf of shareholder and policyholder businesses including life, pension and annuity companies, retail funds and institutional clients. They are also the Fund manager for Prudential’s Life & Pension cash funds within the ABI Treasury & Deposit sector.
Bid (13/12/2024) | 555.70 |
Offer (13/12/2024) | 583.60 |
Fund size (31/10/2024) | £24.31m |
Number of holdings | 4 |
Launch date | 31/10/1974 |
Annual Management Charge (AMC) | 1.00% |
Further Costs | 0.00% |
Yearly Total | 1.00% |
Cash and Equivalents | 100.00% |
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.
If you take more money from the plan than the amount your investment has grown by, the value of your investment will be less than you've put in.
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.
Cash and Equivalents | 100.00% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Cash and Equivalents | 100.00% | - | - | - |
Cash and Equivalents | 100.00% |
Region | Country | ||
---|---|---|---|
Cash and Equivalents | 100.00% | - |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | Cash | 42.00% | Cash and Equivalents | Cash and Equivalents |
2 | M + G INVESTMENT MANAGEMENT LI | 29.21% | Cash and Equivalents | Cash and Equivalents |
3 | HSBC BANK PLC | 28.80% | Cash and Equivalents | Cash and Equivalents |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Cash and Equivalents | - | - | - | - | - | - | - | 100.00% | 100.00% |
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.
If you take more money from the plan than the amount your investment has grown by, the value of your investment will be less than you've put in.
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.
Sedol Code | 0548812 |
Mex Code | MGDA |
Isin Code | GB0005488126 |
Citi Code | MA10 |
Annual Management Charge (AMC) | 1.00% |
Further Costs | 0.00% |
Yearly Total | 1.00% |
Aims | The investment strategy of the fund is to provide an investment return that is consistent with a high degree of security with short-term liquidity. The fund holds a mixture of deposits and short-term bonds and securities issued by banks, the UK Government, local authorities and leading UK companies. Performance Objective: To perform in line with the benchmark before charges on a rolling three year basis. |
Benchmark | SONIA 1W (Please note the benchmark for this fund has changed recently. Please see https://www.pru.co.uk/funds/fund-changes/libor for further information.) |
ABI Sector | Deposit & Treasury |
FE Crown |
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.
If you take more money from the plan than the amount your investment has grown by, the value of your investment will be less than you've put in.
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.
Ratio | Value |
---|---|
Alpha | -0.22 |
Beta | 0.96 |
Sharpe | 0.00 |
Standard Deviation | 0.48 |
Info Ratio | -2.27 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | Yes |
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 | No |
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 | Yes |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
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).
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 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.
The value of a cash or currency fund may be affected if any of the institutions with which cash is deposited becomes insolvent or experiences other financial difficulties.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
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.
If you take more money from the plan than the amount your investment has grown by, the value of your investment will be less than you've put in.
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.
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.
If you take more money from the plan than the amount your investment has grown by, the value of your investment will be less than you've put in.
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.