Prudential European Equity S3

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

Performance

Discrete performance - to last month end

31/03/19
to
31/03/20
31/03/20
to
31/03/21
31/03/21
to
31/03/22
31/03/22
to
31/03/23
31/03/23
to
31/03/24
Fund -11.3% 29.7% 7.5% 8.0% 11.8%
Sector -9.4% 33.2% 3.8% 4.5% 10.7%
Rank 139/178 101/178 20/178 29/178 74/178
Quartile 4 3 1 1 2

Annualised performance

Annualised
3 Years to
31/03/24
5 Years to
31/03/24
10 Years to
31/03/24
Fund 9.1% 8.3% 6.7%
Sector 6.2% 7.7% 6.5%
Rank 19/178 77/178 95/170
Quartile 1 2 3

Top 10 Holdings

Stock % Weight
NOVO NORDISK A/S 4.13
TOTAL SE 3.14
SAP SE 3.08
SIEMENS AKTIENGESELLSCHAFT 3.04
ROCHE HLDG AG 2.81
UBS GROUP AG 2.40
SANOFI 2.15
ALLIANZ SE 2.15
NESTLE S.A. 2.03
BANK OF IRELAND GROUP 2.02
Total 26.94

Fund Aims

Objective: The investment strategy of the fund is to purchase shares in European (excluding UK) companies via other M&G funds. It is a "fund of funds" holding units in several more specialised European equity funds to give access to a variety of methods for generating investment returns in differing market conditions.

Fund Manager

M&G Treasury & Investment Office manager for 3 years

Photo of M&G Treasury & Investment Office With access to investment professionals around the world and assets under management of £178bn, the M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. Over the years they have built a thorough and effective governance framework, which includes the setting and monitoring of investment mandates, regular performance and activity health checks and independent analysis of investment, credit and liquidity risks.

Fund Overview

Bid (22/04/2024) 329.40
Offer n/a
Fund size (31/03/2024) £22.31m
Number of holdings 339
Launch date 17/05/2002

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.08%
Yearly Total 1.38%

Asset Allocation

pie chart
  International Equities 100.08%
  International Bonds 1.42%
  UK Equities 0.51%
  Property 0.09%
  Cash and Equivalents -2.89%
  Other Assets 0.80%
Portfolio data accurate as at: 31/03/24

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 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
  International Equities 100.08%
  International Bonds 1.42%
  UK Equities 0.51%
  Property 0.09%
  Cash and Equivalents -2.89%
  Other Assets 0.80%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 20.54% - - -
 
Banks - 11.97% - -
 
Banks - - 11.97% -
 
Banks - - - 11.97%
 
Insurance - 5.36% - -
 
Non-life Insurance - - 4.82% -
 
Full Line Insurance - - - 2.87%
 
Reinsurance - - - 1.94%
 
Property & Casualty Insurance - - - 0.00%
 
Life Insurance - - 0.54% -
 
Life Insurance - - - 0.54%
 
Financial Services - 3.21% - -
 
Investment Banking & Brokerage Services - - 3.21% -
 
Asset Managers & Custodians - - - 2.47%
 
Diversified Financial Services - - - 0.62%
 
Investment Services - - - 0.12%
 
Industrials 19.22% - - -
 
Industrial Goods & Services - 15.42% - -
 
General Industrials - - 3.49% -
 
Diversified Industrials - - - 3.45%
 
Containers & Packaging - - - 0.02%
 
Glass - - - 0.01%
 
Industrial Transportation - - 3.47% -
 
Commercial Vehicles & Parts - - - 1.34%
 
Railroads - - - 0.82%
 
Marine Transportation - - - 0.66%
 
Transportation Services - - - 0.55%
 
Delivery Services - - - 0.09%
 
Electronic & Electrical Equipment - - 2.88% -
 
Electrical Components - - - 2.88%
 
Industrial Support Services - - 2.15% -
 
Security Services - - - 1.57%
 
Industrial Suppliers - - - 0.37%
 
Transaction Processing Services - - - 0.17%
 
Business Training & Employment Agencies - - - 0.03%
 
Professional Business Support Services - - - 0.01%
 
Aerospace & Defence - - 1.73% -
 
Defense - - - 1.58%
 
Aerospace - - - 0.15%
 
Industrial Engineering - - 1.71% -
 
Machinery: Construction & Handling - - - 0.91%
 
Machinery: Industrial - - - 0.32%
 
Machinery: Tools - - - 0.29%
 
Machinery: Engines - - - 0.19%
 
Construction & Materials - 3.80% - -
 
Construction & Materials - - 3.80% -
 
Building Materials: Other - - - 1.74%
 
Cement - - - 1.33%
 
Construction - - - 0.53%
 
Building, Roofing/Wallboard & Plumbing - - - 0.18%
 
Building: Climate Control - - - 0.03%
 
Health Care 15.91% - - -
 
Health Care - 15.91% - -
 
Pharmaceuticals & Biotechnology - - 14.63% -
 
Pharmaceuticals - - - 14.14%
 
Biotechnology - - - 0.49%
 
Medical Equipment & Services - - 1.11% -
 
Medical Equipment - - - 0.79%
 
Medical Supplies - - - 0.32%
 
Health Care Providers - - 0.17% -
 
Health Care Services - - - 0.17%
 
Consumer Discretionary 12.83% - - -
 
Automobiles & Parts - 3.61% - -
 
Automobiles & Parts - - 3.61% -
 
Automobiles - - - 2.70%
 
Tires - - - 0.88%
 
Auto Parts - - - 0.03%
 
Retail - 3.47% - -
 
Retailers - - 3.47% -
 
Apparel Retailers - - - 1.90%
 
Specialty Retailers - - - 1.57%
 
Consumer Products & Services - 2.64% - -
 
Personal Goods - - 2.63% -
 
Clothing & Accessories - - - 1.23%
 
Luxury Items - - - 0.64%
 
Cosmetics - - - 0.57%
 
Footwear - - - 0.19%
 
Household Goods & Home Construction - - 0.02% -
 
Household Appliance - - - 0.02%
 
Media - 2.25% - -
 
Media - - 2.25% -
 
Radio & TV Broadcasters - - - 1.39%
 
Entertainment - - - 0.46%
 
Publishing - - - 0.24%
 
Media Agencies - - - 0.16%
 
Travel & Leisure - 0.86% - -
 
Travel & Leisure - - 0.86% -
 
Airlines - - - 0.76%
 
Restaurants & Bars - - - 0.09%
 
Hotels & Motels - - - 0.01%
 
Consumer Staples 6.76% - - -
 
Personal Care, Drug & Grocery Stores - 3.57% - -
 
Personal Care, Drug & Grocery Stores - - 3.57% -
 
Food Retailers & Wholesalers - - - 3.49%
 
Nondurable Household Products - - - 0.09%
 
Food, Beverage & Tobacco - 3.19% - -
 
Food Producers - - 2.70% -
 
Food Products - - - 2.70%
 
Beverages - - 0.49% -
 
Brewers - - - 0.34%
 
Distillers & Vintners - - - 0.16%
 
Technology 6.61% - - -
 
Technology - 6.61% - -
 
Software & Computer Services - - 4.33% -
 
Software - - - 3.15%
 
Consumer Digital Services - - - 0.63%
 
Computer Services - - - 0.55%
 
Technology Hardware & Equipment - - 2.28% -
 
Production Technology Equipment - - - 1.40%
 
Semiconductors - - - 0.79%
 
Computer Hardware - - - 0.09%
 
Basic Materials 6.13% - - -
 
Basic Resources - 3.57% - -
 
Industrial Metals & Mining - - 2.37% -
 
Iron & Steel - - - 2.26%
 
Aluminum - - - 0.07%
 
General Mining - - - 0.04%
 
Industrial Materials - - 1.20% -
 
Paper - - - 1.20%
 
Precious Metals & Mining - - 0.01% -
 
Gold Mining - - - 0.01%
 
Chemicals - 2.56% - -
 
Chemicals - - 2.56% -
 
Chemicals: Diversified - - - 1.31%
 
Specialty Chemicals - - - 0.88%
 
Fertilizers - - - 0.36%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Energy 5.94% - - -
 
Energy - 5.94% - -
 
Non-Renewable Energy - - 5.59% -
 
Integrated Oil & Gas - - - 4.12%
 
Oil Equipment & Services - - - 1.38%
 
Oil Refining and Marketing - - - 0.10%
 
Renewable Energy - - 0.34% -
 
Renewable Energy Equipment - - - 0.34%
 
Utilities 3.42% - - -
 
Utilities - 3.42% - -
 
Gas, Water & Multi-utilities - - 2.17% -
 
Multi-Utilities - - - 2.17%
 
Electricity - - 1.25% -
 
Conventional Electricity - - - 0.89%
 
Alternative Electricity - - - 0.36%
 
Telecommunications 2.37% - - -
 
Telecommunications - 2.37% - -
 
Telecommunications Service Providers - - 1.42% -
 
Telecommunications Services - - - 1.42%
 
Telecommunications Equipment - - 0.95% -
 
Telecommunications Equipment - - - 0.95%
 
Bonds 1.42% - - -
 
Real Estate 0.95% - - -
 
Real Estate - 0.95% - -
 
Real Estate Investment & Services - - 0.81% -
 
Real Estate Holding and Development - - - 0.81%
 
Real Estate Investment Trusts - - 0.13% -
 
Retail REITs - - - 0.09%
 
Office REITs - - - 0.05%
 
Non-Classified 0.80% - - -
 
Non-Classified - 0.48% - -
 
Non-Classified - - 0.48% -
 
Non-Classified - - - 0.48%
 
Cash and Equivalents -2.89% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 98.79%
  Non-Classified 2.51%
  Emerging Europe 0.62%
  UK 0.51%
  North America 0.37%
  Property 0.09%
  Cash and Equivalents -2.89%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 101.47%
  Euro 1.38%
  Swiss Franc 0.03%
  Cash -2.89%

Regional Breakdown

Expand allCollapse all
Region Country
 
Developed Europe - Excl UK 98.79% -
 
France - 22.74%
 
Germany - 22.10%
 
Switzerland - 11.95%
 
Netherlands - 8.58%
 
Denmark - 6.57%
 
Spain - 5.87%
 
Ireland - 3.54%
 
Sweden - 3.50%
 
Italy - 3.37%
 
Finland - 2.82%
 
Belgium - 2.57%
 
Austria - 1.69%
 
Luxembourg - 1.67%
 
Norway - 1.61%
 
Portugal - 0.21%
 
Non-Classified 2.51% -
 
Emerging Europe 0.62% -
 
Turkey - 0.33%
 
Poland - 0.11%
 
Greece - 0.09%
 
Hungary - 0.07%
 
Czech Republic - 0.03%
 
UK 0.51% -
 
United Kingdom - 0.51%
 
North America 0.37% -
 
United States - 0.37%
 
Property 0.09% -
 
Cash and Equivalents -2.89% -

Breakdown By Market Cap (%)

Mega
 
 
56.98%
Large
 
 
23.18%
Medium
 
 
7.97%
Small
 
 
1.38%
Micro
 
 
0.35%
Non-Classified
 
 
11.62%
Bonds
 
 
1.42%
Cash
 
-2.89%

Fund Holdings

Name % Weight Sector Country
1 M&G (LUX) FCP Europe ex UK Equity Fund Z1B Acc 62.23% Managed Funds Managed Funds
2 M&G (LUX) FCP BlackRock Europe ex UK Equity Fund Z1B Acc 31.00% Managed Funds Managed Funds
3 M&G European Sustain Paris Aligned Class PP GBP 10.38% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 NOVO NORDISK A/S 4.13% Pharmaceuticals & Biotechnology Denmark
2 TOTAL SE 3.14% Non-Renewable Energy France
3 SAP SE 3.08% Software & Computer Services Germany
4 SIEMENS AKTIENGESELLSCHAFT 3.04% General Industrials Germany
5 ROCHE HLDG AG 2.81% Pharmaceuticals & Biotechnology Switzerland
6 UBS GROUP AG 2.40% Investment Banking & Brokerage Services Switzerland
7 SANOFI 2.15% Pharmaceuticals & Biotechnology France
8 ALLIANZ SE 2.15% Non-life Insurance Germany
9 NESTLE S.A. 2.03% Food Producers Switzerland
10 BANK OF IRELAND GROUP 2.02% Banks Ireland

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 6.61% - - - - - - 6.61%
Telecommunications - 2.37% - 1.38% - - - - 3.75%
Financials 0.30% 20.24% - 0.03% - - - - 20.57%
Real Estate - 0.86% - - - 0.09% - - 0.95%
Consumer Discretionary 0.21% 12.62% - - - - - - 12.83%
Consumer Staples - 6.76% - - - - - - 6.76%
Energy - 5.94% - - - - - - 5.94%
Utilities - 3.42% - - - - - - 3.42%
Health Care - 15.91% - - - - - - 15.91%
Industrials - 19.22% - - - - - - 19.22%
Basic Materials - 6.13% - - - - - - 6.13%
Cash and Equivalents - - - - - - - -2.89% -2.89%
Non-Classified - - - - - - 0.80% - 0.80%

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 3164787
Mex Code VNEUP
Isin Code GB0031647877
Citi Code PW79

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.08%
Yearly Total 1.38%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase shares in European (excluding UK) companies via other M&G funds. It is a "fund of funds" holding units in several more specialised European equity funds to give access to a variety of methods for generating investment returns in differing market conditions.
Benchmark FTSE World Europe ex UK Index
Sector ABI Europe excluding UK Equities

Ratings

FE Crown Crown Rating of 5

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 3.83
Beta 0.79
Sharpe 0.57
Standard Deviation 9.77
Info Ratio 0.51

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 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.