PIA UK Equity Ser A-2
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 | -21.7% | 31.7% | 5.1% | -1.4% | 7.1% |
| Sector | -22.2% | 36.4% | 4.7% | -1.1% | 7.8% |
| Rank | 57/102 | 59/107 | 50/114 | 71/114 | 79/115 |
| Quartile | 3 | 3 | 2 | 3 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | 3.5% | 2.7% | 3.3% | |
| Sector | 3.7% | 3.4% | 3.5% | |
| Rank | 64/114 | 69/102 | 51/74 | |
| Quartile | 3 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 4.08 |
| HSBC HOLDINGS | 3.64 |
| SHELL | 2.99 |
| BP | 2.71 |
| UNILEVER | 2.64 |
| GSK | 1.96 |
| BAE SYSTEMS | 1.93 |
| RELX | 1.75 |
| COMPASS GROUP | 1.67 |
| RIO TINTO | 1.65 |
| Total | 25.04 |
Fund Aims
Objective: The investment strategy of the fund is to purchase shares in UK companies via other M&G funds. It is a "fund of funds" holding units in several more specialised UK equity funds to give access to a variety of methods for generating investment returns in differing market conditions. Fund Investments: At least 80% of the underlying funds' Net Asset Value is directly invested in equity securities and equity-related securities of companies that are incorporated, listed, domiciled or do most of their business in the United Kingdom. The underlying funds may also invest in other transferable securities, cash, and near cash, directly or via funds (including funds managed by M&G) and may use derivatives for efficient portfolio management and hedging.
Fund Manager
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) | 1.59 |
| Offer (22/04/2024) | 1.68 |
| Fund size (31/03/2024) | £1.50m |
| Number of holdings | 816 |
| Launch date | 06/04/1999 |
Fund Charges
| Annual Management Charge (AMC) | 1.75% |
| Further Costs | 0.19% |
| Yearly Total | 1.94% |
Asset Allocation
| UK Equities | 91.02% | |
| Property | 3.24% | |
| International Equities | 2.93% | |
| Investment Trusts | 0.72% | |
| Cash and Equivalents | 0.59% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 1.48% |
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
| UK Equities | 91.02% | |
| Property | 3.24% | |
| International Equities | 2.93% | |
| Investment Trusts | 0.72% | |
| Cash and Equivalents | 0.59% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 1.48% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 20.44% | - | - | - | |
| Financial Services | - | 8.46% | - | - | |
| Investment Banking & Brokerage Services | - | - | 5.79% | - | |
| Asset Managers & Custodians | - | - | - | 5.13% | |
| Investment Services | - | - | - | 0.66% | |
| Diversified Financial Services | - | - | - | 0.00% | |
| Finance & Credit Services | - | - | 1.94% | - | |
| Financial Data & Systems | - | - | - | 1.05% | |
| Mortgage Finance | - | - | - | 0.46% | |
| Consumer Lending | - | - | - | 0.42% | |
| Equity Investment Instruments | - | - | 0.73% | - | |
| Equity Investment Instruments | - | - | - | 0.73% | |
| Banks | - | 7.10% | - | - | |
| Banks | - | - | 7.10% | - | |
| Banks | - | - | - | 7.10% | |
| Insurance | - | 4.88% | - | - | |
| Life Insurance | - | - | 3.03% | - | |
| Life Insurance | - | - | - | 3.03% | |
| Non-life Insurance | - | - | 1.86% | - | |
| Property & Casualty Insurance | - | - | - | 1.36% | |
| Full Line Insurance | - | - | - | 0.50% | |
| Industrials | 17.27% | - | - | - | |
| Industrial Goods & Services | - | 16.18% | - | - | |
| Industrial Support Services | - | - | 5.57% | - | |
| Professional Business Support Services | - | - | - | 2.77% | |
| Industrial Suppliers | - | - | - | 2.06% | |
| Business Training & Employment Agencies | - | - | - | 0.56% | |
| Transaction Processing Services | - | - | - | 0.16% | |
| Security Services | - | - | - | 0.01% | |
| Aerospace & Defence | - | - | 4.00% | - | |
| Defense | - | - | - | 2.40% | |
| Aerospace | - | - | - | 1.59% | |
| General Industrials | - | - | 2.32% | - | |
| Containers & Packaging | - | - | - | 1.67% | |
| Diversified Industrials | - | - | - | 0.65% | |
| Electronic & Electrical Equipment | - | - | 1.88% | - | |
| Electronic Equipment: Control & Filter | - | - | - | 0.80% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.59% | |
| Electrical Components | - | - | - | 0.50% | |
| Industrial Engineering | - | - | 1.57% | - | |
| Machinery: Construction & Handling | - | - | - | 0.81% | |
| Machinery: Industrial | - | - | - | 0.71% | |
| Machinery: Specialty | - | - | - | 0.06% | |
| Industrial Transportation | - | - | 0.84% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.50% | |
| Delivery Services | - | - | - | 0.19% | |
| Transportation Services | - | - | - | 0.08% | |
| Marine Transportation | - | - | - | 0.07% | |
| Construction & Materials | - | 1.10% | - | - | |
| Construction & Materials | - | - | 1.10% | - | |
| Construction | - | - | - | 0.78% | |
| Building Materials: Other | - | - | - | 0.23% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.07% | |
| Engineering & Contracting Services | - | - | - | 0.02% | |
| Consumer Discretionary | 17.01% | - | - | - | |
| Consumer Products & Services | - | 5.39% | - | - | |
| Household Goods & Home Construction | - | - | 2.97% | - | |
| Home Construction | - | - | - | 2.97% | |
| Household Furnishings | - | - | - | 0.00% | |
| Consumer Services | - | - | 1.68% | - | |
| Vending & Catering Service | - | - | - | 1.67% | |
| Consumer Services: Misc. | - | - | - | 0.01% | |
| Personal Goods | - | - | 0.58% | - | |
| Luxury Items | - | - | - | 0.26% | |
| Clothing & Accessories | - | - | - | 0.23% | |
| Footwear | - | - | - | 0.09% | |
| Leisure Goods | - | - | 0.16% | - | |
| Toys | - | - | - | 0.13% | |
| Electronic Entertainment | - | - | - | 0.04% | |
| Media | - | 4.77% | - | - | |
| Media | - | - | 4.77% | - | |
| Publishing | - | - | - | 2.53% | |
| Media Agencies | - | - | - | 1.90% | |
| Radio & TV Broadcasters | - | - | - | 0.34% | |
| Entertainment | - | - | - | 0.00% | |
| Travel & Leisure | - | 3.86% | - | - | |
| Travel & Leisure | - | - | 3.86% | - | |
| Hotels & Motels | - | - | - | 1.58% | |
| Airlines | - | - | - | 0.89% | |
| Travel & Tourism | - | - | - | 0.69% | |
| Restaurants & Bars | - | - | - | 0.53% | |
| Casinos & Gambling | - | - | - | 0.16% | |
| Recreational Services | - | - | - | 0.01% | |
| Retail | - | 2.63% | - | - | |
| Retailers | - | - | 2.63% | - | |
| Home Improvement Retailers | - | - | - | 1.02% | |
| Diversified Retailers | - | - | - | 0.95% | |
| Specialty Retailers | - | - | - | 0.44% | |
| Apparel Retailers | - | - | - | 0.23% | |
| Automobiles & Parts | - | 0.36% | - | - | |
| Automobiles & Parts | - | - | 0.36% | - | |
| Auto Parts | - | - | - | 0.26% | |
| Automobiles | - | - | - | 0.11% | |
| Consumer Staples | 10.65% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 6.13% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 6.13% | - | |
| Personal Products | - | - | - | 2.64% | |
| Food Retailers & Wholesalers | - | - | - | 2.42% | |
| Nondurable Household Products | - | - | - | 1.07% | |
| Food, Beverage & Tobacco | - | 4.52% | - | - | |
| Beverages | - | - | 2.96% | - | |
| Distillers & Vintners | - | - | - | 1.69% | |
| Soft Drinks | - | - | - | 1.27% | |
| Food Producers | - | - | 1.56% | - | |
| Food Products | - | - | - | 1.55% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.00% | |
| Health Care | 7.36% | - | - | - | |
| Health Care | - | 7.36% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.46% | - | |
| Pharmaceuticals | - | - | - | 6.32% | |
| Biotechnology | - | - | - | 0.15% | |
| Medical Equipment & Services | - | - | 0.90% | - | |
| Medical Supplies | - | - | - | 0.50% | |
| Medical Equipment | - | - | - | 0.40% | |
| Energy | 6.32% | - | - | - | |
| Energy | - | 6.32% | - | - | |
| Non-Renewable Energy | - | - | 6.32% | - | |
| Integrated Oil & Gas | - | - | - | 5.70% | |
| Oil: Crude Producers | - | - | - | 0.50% | |
| Oil Equipment & Services | - | - | - | 0.11% | |
| Offshore Drilling & Other Services | - | - | - | 0.02% | |
| Basic Materials | 5.35% | - | - | - | |
| Basic Resources | - | 3.86% | - | - | |
| Industrial Metals & Mining | - | - | 3.27% | - | |
| General Mining | - | - | - | 2.50% | |
| Copper | - | - | - | 0.50% | |
| Metal Fabricating | - | - | - | 0.25% | |
| Iron & Steel | - | - | - | 0.02% | |
| Precious Metals & Mining | - | - | 0.59% | - | |
| Gold Mining | - | - | - | 0.57% | |
| Platinum & Precious Metals | - | - | - | 0.02% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.00% | - | |
| Diversified Materials | - | - | - | 0.00% | |
| Chemicals | - | 1.49% | - | - | |
| Chemicals | - | - | 1.49% | - | |
| Chemicals: Diversified | - | - | - | 1.21% | |
| Specialty Chemicals | - | - | - | 0.28% | |
| Real Estate | 5.10% | - | - | - | |
| Real Estate | - | 5.10% | - | - | |
| Real Estate Investment Trusts | - | - | 4.36% | - | |
| Diversified REITs | - | - | - | 1.52% | |
| Industrial REITs | - | - | - | 0.91% | |
| Office REITs | - | - | - | 0.59% | |
| Storage REITs | - | - | - | 0.44% | |
| Residential REITs | - | - | - | 0.34% | |
| Health Care REITs | - | - | - | 0.27% | |
| Other Specialty REITs | - | - | - | 0.19% | |
| Retail REITs | - | - | - | 0.11% | |
| Real Estate Investment & Services | - | - | 0.74% | - | |
| Real Estate Services | - | - | - | 0.46% | |
| Real Estate Holding and Development | - | - | - | 0.28% | |
| Utilities | 3.44% | - | - | - | |
| Utilities | - | 3.44% | - | - | |
| Gas, Water & Multi-utilities | - | - | 2.36% | - | |
| Multi-Utilities | - | - | - | 1.56% | |
| Water | - | - | - | 0.80% | |
| Electricity | - | - | 1.08% | - | |
| Conventional Electricity | - | - | - | 1.08% | |
| Waste & Disposal Services | - | - | 0.00% | - | |
| Waste & Disposal Services | - | - | - | 0.00% | |
| Technology | 3.33% | - | - | - | |
| Technology | - | 3.33% | - | - | |
| Software & Computer Services | - | - | 3.31% | - | |
| Software | - | - | - | 1.18% | |
| Consumer Digital Services | - | - | - | 1.16% | |
| Computer Services | - | - | - | 0.97% | |
| Technology Hardware & Equipment | - | - | 0.02% | - | |
| Production Technology Equipment | - | - | - | 0.01% | |
| Semiconductors | - | - | - | 0.01% | |
| Electronic Components | - | - | - | 0.01% | |
| Non-Classified | 1.67% | - | - | - | |
| Non-Classified | - | 0.42% | - | - | |
| Non-Classified | - | - | 0.42% | - | |
| Non-Classified | - | - | - | 0.42% | |
| Telecommunications | 1.45% | - | - | - | |
| Telecommunications | - | 1.45% | - | - | |
| Telecommunications Service Providers | - | - | 1.15% | - | |
| Telecommunications Services | - | - | - | 1.15% | |
| Telecommunications Equipment | - | - | 0.30% | - | |
| Telecommunications Equipment | - | - | - | 0.30% | |
| Cash and Equivalents | 0.59% | - | - | - | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| UK | 91.06% | |
| Property | 3.17% | |
| Developed Europe - Excl UK | 2.74% | |
| Non-Classified | 2.31% | |
| Cash and Equivalents | 0.59% | |
| Middle East & Africa | 0.06% | |
| North America | 0.05% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.58% | |
| Cash | 0.39% | |
| Pound Sterling | 0.03% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 91.06% | - | |
United Kingdom
|
- | 91.09% | |
| Property | 3.17% | - | |
| Developed Europe - Excl UK | 2.74% | - | |
Ireland
|
- | 1.55% | |
Switzerland
|
- | 0.49% | |
Germany
|
- | 0.34% | |
Spain
|
- | 0.20% | |
Luxembourg
|
- | 0.08% | |
Netherlands
|
- | 0.07% | |
France
|
- | 0.00% | |
Sweden
|
- | 0.00% | |
| Non-Classified | 2.31% | - | |
| Cash and Equivalents | 0.59% | - | |
| Middle East & Africa | 0.06% | - | |
Israel
|
- | 0.06% | |
| North America | 0.05% | - | |
United States
|
- | 0.05% | |
Canada
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
32.71% |
| Large |
|
24.38% |
| Medium |
|
30.50% |
| Small |
|
3.37% |
| Micro |
|
0.30% |
| Non-Classified |
|
8.14% |
| Cash |
|
0.59% |
Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G (ACS) BlackRock UK 200 Equity Fund Z3A Acc | 39.84% | Managed Funds | Managed Funds |
| 2 | M&G (ACS) BlackRock UK All Share Equity LC | 30.04% | Managed Funds | Managed Funds |
| 3 | M&G (ACS) UK Listed Equity Fund Z3A Acc | 25.14% | Managed Funds | Managed Funds |
| 4 | M&G (ACS) UK Listed Mid Cap Equity Fund Z3A Acc | 4.97% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 4.08% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | HSBC HOLDINGS | 3.64% | Banks | United Kingdom |
| 3 | SHELL | 2.99% | Non-Renewable Energy | United Kingdom |
| 4 | BP | 2.71% | Non-Renewable Energy | United Kingdom |
| 5 | UNILEVER | 2.64% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 6 | GSK | 1.96% | Pharmaceuticals & Biotechnology | United Kingdom |
| 7 | BAE SYSTEMS | 1.93% | Aerospace & Defence | United Kingdom |
| 8 | RELX | 1.75% | Media | United Kingdom |
| 9 | COMPASS GROUP | 1.67% | Consumer Services | United Kingdom |
| 10 | RIO TINTO | 1.65% | Industrial Metals & Mining | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 3.30% | 0.04% | - | - | - | - | - | - | 3.33% |
| Telecommunications | 1.45% | - | - | - | - | - | - | - | 1.45% |
| Financials | 19.65% | 0.07% | - | - | - | - | 0.72% | - | 20.44% |
| Real Estate | 1.96% | - | - | - | - | 3.15% | - | - | 5.10% |
| Consumer Discretionary | 16.36% | 0.65% | - | - | - | - | - | - | 17.01% |
| Consumer Staples | 10.05% | 0.59% | - | - | - | - | - | - | 10.65% |
| Energy | 6.32% | - | - | - | - | - | - | - | 6.32% |
| Utilities | 3.44% | - | - | - | - | - | - | - | 3.44% |
| Health Care | 7.35% | 0.01% | - | - | - | - | - | - | 7.36% |
| Industrials | 15.84% | 1.43% | - | - | - | - | - | - | 17.27% |
| Basic Materials | 5.27% | 0.08% | - | - | - | - | - | - | 5.35% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.59% | 0.59% |
| Non-Classified | 0.03% | 0.06% | - | - | - | 0.09% | 1.49% | - | 1.67% |
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 | 0663179 |
| Mex Code | SBECAL |
| Isin Code | IE0006631794 |
| Citi Code | SY39 |
Fund Charges
| Annual Management Charge (AMC) | 1.75% |
| Further Costs | 0.19% |
| Yearly Total | 1.94% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase shares in UK companies via other M&G funds. It is a "fund of funds" holding units in several more specialised UK equity funds to give access to a variety of methods for generating investment returns in differing market conditions. Fund Investments: At least 80% of the underlying funds' Net Asset Value is directly invested in equity securities and equity-related securities of companies that are incorporated, listed, domiciled or do most of their business in the United Kingdom. The underlying funds may also invest in other transferable securities, cash, and near cash, directly or via funds (including funds managed by M&G) and may use derivatives for efficient portfolio management and hedging. |
| Benchmark | Composite |
| Sector | OI UK All Companies |
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 | -0.34 |
| Beta | 1.08 |
| Sharpe | 0.00 |
| Standard Deviation | 12.98 |
| Info Ratio | -0.06 |
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.