Prudential European Equity S2
Performance
Discrete performance - to last month end
| 30/09/19 to 30/09/20 |
30/09/20 to 30/09/21 |
30/09/21 to 30/09/22 |
30/09/22 to 30/09/23 |
30/09/23 to 30/09/24 |
|
|---|---|---|---|---|---|
| Fund | -3.4% | 19.0% | -6.0% | 18.4% | 13.8% |
| Sector | 1.4% | 18.3% | -14.3% | 15.2% | 12.4% |
| Rank | 154/174 | 52/174 | 10/174 | 47/174 | 76/175 |
| Quartile | 4 | 2 | 1 | 2 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/09/24 |
5 Years to 30/09/24 |
10 Years to 30/09/24 |
||
| Fund | 8.2% | 7.8% | 7.6% | |
| Sector | 3.5% | 5.9% | 7.0% | |
| Rank | 9/174 | 24/174 | 85/166 | |
| Quartile | 1 | 1 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| NOVO NORDISK A/S | 4.15 |
| ROCHE HLDG AG | 3.39 |
| TOTAL SE | 3.11 |
| SIEMENS AKTIENGESELLSCHAFT | 2.84 |
| SAP SE | 2.52 |
| SANOFI | 2.30 |
| ALLIANZ SE | 2.07 |
| UBS GROUP AG | 2.06 |
| KONINKLIJKE AHOLD DELHAIZE N.V. | 1.92 |
| NOVARTIS AG | 1.86 |
| Total | 26.22 |
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
With access to investment professionals around the world, 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 (11/10/2024) | 2048.10 |
| Offer (11/10/2024) | 2155.90 |
| Fund size (31/08/2024) | £22.15m |
| Number of holdings | 324 |
| Launch date | 16/04/1984 |
Fund Charges
| Annual Management Charge (AMC) | 1.00% |
| Further Costs | 0.08% |
| Yearly Total | 1.08% |
Asset Allocation
| International Equities | 96.51% | |
| International Bonds | 1.39% | |
| Cash and Equivalents | 0.64% | |
| UK Equities | 0.38% | |
| Property | 0.07% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 1.00% |
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.
Asset Allocation
| International Equities | 96.51% | |
| International Bonds | 1.39% | |
| Cash and Equivalents | 0.64% | |
| UK Equities | 0.38% | |
| Property | 0.07% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 1.00% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 20.28% | - | - | - | |
| Banks | - | 11.89% | - | - | |
| Banks | - | - | 11.89% | - | |
| Banks | - | - | - | 11.89% | |
| Insurance | - | 5.34% | - | - | |
| Non-life Insurance | - | - | 4.69% | - | |
| Full Line Insurance | - | - | - | 2.71% | |
| Reinsurance | - | - | - | 1.98% | |
| Property & Casualty Insurance | - | - | - | 0.00% | |
| Life Insurance | - | - | 0.64% | - | |
| Life Insurance | - | - | - | 0.64% | |
| Financial Services | - | 3.05% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.05% | - | |
| Asset Managers & Custodians | - | - | - | 2.13% | |
| Diversified Financial Services | - | - | - | 0.92% | |
| Industrials | 17.80% | - | - | - | |
| Industrial Goods & Services | - | 14.17% | - | - | |
| General Industrials | - | - | 3.29% | - | |
| Diversified Industrials | - | - | - | 3.27% | |
| Containers & Packaging | - | - | - | 0.02% | |
| Industrial Transportation | - | - | 3.17% | - | |
| Commercial Vehicles & Parts | - | - | - | 0.96% | |
| Railroads | - | - | - | 0.82% | |
| Transportation Services | - | - | - | 0.73% | |
| Marine Transportation | - | - | - | 0.63% | |
| Delivery Services | - | - | - | 0.02% | |
| Electronic & Electrical Equipment | - | - | 2.45% | - | |
| Electrical Components | - | - | - | 2.45% | |
| Industrial Support Services | - | - | 2.04% | - | |
| Security Services | - | - | - | 1.49% | |
| Industrial Suppliers | - | - | - | 0.40% | |
| Transaction Processing Services | - | - | - | 0.13% | |
| Business Training & Employment Agencies | - | - | - | 0.02% | |
| Professional Business Support Services | - | - | - | 0.01% | |
| Industrial Engineering | - | - | 1.74% | - | |
| Machinery: Construction & Handling | - | - | - | 0.88% | |
| Machinery: Tools | - | - | - | 0.31% | |
| Machinery: Industrial | - | - | - | 0.29% | |
| Machinery: Engines | - | - | - | 0.26% | |
| Aerospace & Defence | - | - | 1.47% | - | |
| Defense | - | - | - | 1.32% | |
| Aerospace | - | - | - | 0.14% | |
| Construction & Materials | - | 3.64% | - | - | |
| Construction & Materials | - | - | 3.64% | - | |
| Building Materials: Other | - | - | - | 1.77% | |
| Cement | - | - | - | 1.14% | |
| Construction | - | - | - | 0.61% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.10% | |
| Building: Climate Control | - | - | - | 0.03% | |
| Health Care | 16.65% | - | - | - | |
| Health Care | - | 16.65% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 15.30% | - | |
| Pharmaceuticals | - | - | - | 14.98% | |
| Biotechnology | - | - | - | 0.32% | |
| Medical Equipment & Services | - | - | 1.16% | - | |
| Medical Equipment | - | - | - | 0.84% | |
| Medical Supplies | - | - | - | 0.32% | |
| Health Care Providers | - | - | 0.18% | - | |
| Health Care Services | - | - | - | 0.18% | |
| Consumer Discretionary | 11.39% | - | - | - | |
| Retail | - | 3.45% | - | - | |
| Retailers | - | - | 3.45% | - | |
| Apparel Retailers | - | - | - | 1.81% | |
| Specialty Retailers | - | - | - | 1.64% | |
| Media | - | 2.49% | - | - | |
| Media | - | - | 2.49% | - | |
| Radio & TV Broadcasters | - | - | - | 1.58% | |
| Entertainment | - | - | - | 0.44% | |
| Publishing | - | - | - | 0.28% | |
| Media Agencies | - | - | - | 0.19% | |
| Automobiles & Parts | - | 2.38% | - | - | |
| Automobiles & Parts | - | - | 2.38% | - | |
| Automobiles | - | - | - | 1.99% | |
| Tires | - | - | - | 0.37% | |
| Auto Parts | - | - | - | 0.02% | |
| Consumer Products & Services | - | 2.33% | - | - | |
| Personal Goods | - | - | 2.31% | - | |
| Clothing & Accessories | - | - | - | 0.97% | |
| Luxury Items | - | - | - | 0.63% | |
| Cosmetics | - | - | - | 0.51% | |
| Footwear | - | - | - | 0.21% | |
| Household Goods & Home Construction | - | - | 0.01% | - | |
| Household Appliance | - | - | - | 0.01% | |
| Travel & Leisure | - | 0.74% | - | - | |
| Travel & Leisure | - | - | 0.74% | - | |
| Airlines | - | - | - | 0.64% | |
| Restaurants & Bars | - | - | - | 0.09% | |
| Consumer Staples | 6.41% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 3.65% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.65% | - | |
| Food Retailers & Wholesalers | - | - | - | 3.56% | |
| Nondurable Household Products | - | - | - | 0.09% | |
| Food, Beverage & Tobacco | - | 2.77% | - | - | |
| Food Producers | - | - | 2.43% | - | |
| Food Products | - | - | - | 2.43% | |
| Beverages | - | - | 0.34% | - | |
| Brewers | - | - | - | 0.30% | |
| Distillers & Vintners | - | - | - | 0.03% | |
| Energy | 5.86% | - | - | - | |
| Energy | - | 5.86% | - | - | |
| Non-Renewable Energy | - | - | 5.53% | - | |
| Integrated Oil & Gas | - | - | - | 4.31% | |
| Oil Equipment & Services | - | - | - | 1.14% | |
| Oil Refining and Marketing | - | - | - | 0.08% | |
| Renewable Energy | - | - | 0.33% | - | |
| Renewable Energy Equipment | - | - | - | 0.33% | |
| Basic Materials | 5.81% | - | - | - | |
| Basic Resources | - | 3.53% | - | - | |
| Industrial Metals & Mining | - | - | 2.40% | - | |
| Iron & Steel | - | - | - | 2.27% | |
| Aluminum | - | - | - | 0.09% | |
| General Mining | - | - | - | 0.04% | |
| Industrial Materials | - | - | 1.12% | - | |
| Paper | - | - | - | 1.12% | |
| Precious Metals & Mining | - | - | 0.01% | - | |
| Gold Mining | - | - | - | 0.01% | |
| Chemicals | - | 2.28% | - | - | |
| Chemicals | - | - | 2.28% | - | |
| Chemicals: Diversified | - | - | - | 1.18% | |
| Specialty Chemicals | - | - | - | 0.72% | |
| Fertilizers | - | - | - | 0.37% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.01% | |
| Technology | 5.57% | - | - | - | |
| Technology | - | 5.57% | - | - | |
| Software & Computer Services | - | - | 3.65% | - | |
| Software | - | - | - | 2.54% | |
| Consumer Digital Services | - | - | - | 0.56% | |
| Computer Services | - | - | - | 0.55% | |
| Technology Hardware & Equipment | - | - | 1.92% | - | |
| Production Technology Equipment | - | - | - | 1.29% | |
| Semiconductors | - | - | - | 0.54% | |
| Computer Hardware | - | - | - | 0.09% | |
| Utilities | 3.54% | - | - | - | |
| Utilities | - | 3.54% | - | - | |
| Gas, Water & Multi-utilities | - | - | 2.14% | - | |
| Multi-Utilities | - | - | - | 2.14% | |
| Electricity | - | - | 1.40% | - | |
| Conventional Electricity | - | - | - | 1.00% | |
| Alternative Electricity | - | - | - | 0.40% | |
| Telecommunications | 2.67% | - | - | - | |
| Telecommunications | - | 2.67% | - | - | |
| Telecommunications Service Providers | - | - | 1.53% | - | |
| Telecommunications Services | - | - | - | 1.53% | |
| Telecommunications Equipment | - | - | 1.14% | - | |
| Telecommunications Equipment | - | - | - | 1.14% | |
| Bonds | 1.39% | - | - | - | |
| Non-Classified | 1.00% | - | - | - | |
| Non-Classified | - | 0.57% | - | - | |
| Non-Classified | - | - | 0.57% | - | |
| Non-Classified | - | - | - | 0.57% | |
| Real Estate | 0.97% | - | - | - | |
| Real Estate | - | 0.97% | - | - | |
| Real Estate Investment & Services | - | - | 0.85% | - | |
| Real Estate Holding and Development | - | - | - | 0.85% | |
| Real Estate Investment Trusts | - | - | 0.12% | - | |
| Retail REITs | - | - | - | 0.07% | |
| Office REITs | - | - | - | 0.05% | |
| Cash and Equivalents | 0.64% | - | - | - | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| Developed Europe - Excl UK | 94.76% | |
| Non-Classified | 3.21% | |
| Cash and Equivalents | 0.64% | |
| Emerging Europe | 0.55% | |
| North America | 0.38% | |
| UK | 0.38% | |
| Property | 0.07% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 97.97% | |
| Euro | 1.35% | |
| Cash | 0.64% | |
| Swiss Franc | 0.04% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Europe - Excl UK | 94.76% | - | |
France
|
- | 21.31% | |
Germany
|
- | 20.44% | |
Switzerland
|
- | 12.05% | |
Netherlands
|
- | 7.52% | |
Denmark
|
- | 6.89% | |
Spain
|
- | 5.54% | |
Sweden
|
- | 3.62% | |
Italy
|
- | 3.33% | |
Ireland
|
- | 3.25% | |
Belgium
|
- | 3.02% | |
Finland
|
- | 2.78% | |
Austria
|
- | 1.80% | |
Norway
|
- | 1.64% | |
Luxembourg
|
- | 1.32% | |
Portugal
|
- | 0.24% | |
| Non-Classified | 3.21% | - | |
| Cash and Equivalents | 0.64% | - | |
| Emerging Europe | 0.55% | - | |
Turkey
|
- | 0.27% | |
Greece
|
- | 0.12% | |
Poland
|
- | 0.10% | |
Hungary
|
- | 0.04% | |
Czech Republic
|
- | 0.03% | |
| North America | 0.38% | - | |
United States
|
- | 0.38% | |
| UK | 0.38% | - | |
United Kingdom
|
- | 0.38% | |
| Property | 0.07% | - | |
Breakdown By Market Cap (%)
| Mega |
|
54.99% |
| Large |
|
23.45% |
| Medium |
|
6.96% |
| Small |
|
1.83% |
| Non-Classified |
|
10.74% |
| Bonds |
|
1.39% |
| Cash |
|
0.64% |
Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G (LUX) FCP Europe ex UK Equity Fund Z1B Acc | 59.96% | Managed Funds | Managed Funds |
| 2 | M&G (LUX) FCP BlackRock Europe ex UK Equity Fund Z1B Acc | 29.93% | Managed Funds | Managed Funds |
| 3 | M&G European Sustain Paris Aligned Class PP GBP | 10.04% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | NOVO NORDISK A/S | 4.15% | Pharmaceuticals & Biotechnology | Denmark |
| 2 | ROCHE HLDG AG | 3.39% | Pharmaceuticals & Biotechnology | Switzerland |
| 3 | TOTAL SE | 3.11% | Non-Renewable Energy | France |
| 4 | SIEMENS AKTIENGESELLSCHAFT | 2.84% | General Industrials | Germany |
| 5 | SAP SE | 2.52% | Software & Computer Services | Germany |
| 6 | SANOFI | 2.30% | Pharmaceuticals & Biotechnology | France |
| 7 | ALLIANZ SE | 2.07% | Non-life Insurance | Germany |
| 8 | UBS GROUP AG | 2.06% | Investment Banking & Brokerage Services | Switzerland |
| 9 | KONINKLIJKE AHOLD DELHAIZE N.V. | 1.92% | Personal Care, Drug & Grocery Stores | Netherlands |
| 10 | NOVARTIS AG | 1.86% | Pharmaceuticals & Biotechnology | Switzerland |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 5.57% | - | - | - | - | - | - | 5.57% |
| Telecommunications | - | 2.67% | - | 1.35% | - | - | - | - | 4.02% |
| Financials | 0.20% | 20.08% | - | 0.04% | - | - | - | - | 20.32% |
| Real Estate | - | 0.90% | - | - | - | 0.07% | - | - | 0.97% |
| Consumer Discretionary | 0.18% | 11.21% | - | - | - | - | - | - | 11.39% |
| Consumer Staples | - | 6.41% | - | - | - | - | - | - | 6.41% |
| Energy | - | 5.86% | - | - | - | - | - | - | 5.86% |
| Utilities | - | 3.54% | - | - | - | - | - | - | 3.54% |
| Health Care | - | 16.65% | - | - | - | - | - | - | 16.65% |
| Industrials | - | 17.80% | - | - | - | - | - | - | 17.80% |
| Basic Materials | - | 5.81% | - | - | - | - | - | - | 5.81% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.64% | 0.64% |
| Non-Classified | - | - | - | - | - | - | 1.00% | - | 1.00% |
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 | 0926258 |
| Mex Code | VNEU |
| Isin Code | GB0009262584 |
| Citi Code | VA15 |
Fund Charges
| Annual Management Charge (AMC) | 1.00% |
| Further Costs | 0.08% |
| Yearly Total | 1.08% |
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 |  |
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 | 5.12 |
| Beta | 0.81 |
| Sharpe | 0.48 |
| Standard Deviation | 9.77 |
| Info Ratio | 0.93 |
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.