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 | 4.3% | -2.1% | -6.2% | 21.3% | -1.7% |
Sector | 4.1% | 0.7% | -3.3% | 26.1% | -9.9% |
Rank | 47/94 | 82/105 | 80/111 | 82/115 | 15/119 |
Quartile | 2 | 4 | 3 | 3 | 1 |
Annualised | ||||
---|---|---|---|---|
3 Years to 31/07/22 |
5 Years to 31/07/22 |
10 Years to 31/07/22 |
||
Fund | 3.8% | 2.7% | 8.9% | |
Sector | 3.2% | 2.9% | 8.7% | |
Rank | 47/111 | 53/94 | 34/69 | |
Quartile | 2 | 3 | 2 |
Stock | % Weight |
---|---|
NOVARTIS AG | 4.59 |
TOTAL SE | 4.33 |
ROCHE HLDG AG | 3.61 |
NESTLE S.A. | 3.12 |
SANOFI | 2.46 |
KONINKLIJKE AHOLD DELHAIZE NV | 2.43 |
UPM-KYMMENE OYJ | 2.35 |
BANK OF IRELAND GROUP | 2.10 |
SIEMENS AG | 2.10 |
CAIXABANK SA | 1.94 |
Total | 29.04 |
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 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 Europe, excluding 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.
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.
Bid (16/08/2022) | 4.28 |
Offer (16/08/2022) | 4.50 |
Fund size (30/06/2022) | £1.92m |
Number of holdings | 551 |
Launch date | 09/04/2003 |
Annual Management Charge (AMC) | 1.20% |
Further Costs | 0.03% |
Yearly Total | 1.23% |
International Equities | 97.95% | |
Cash and Equivalents | 0.30% | |
International Bonds | 0.09% | |
Property | 0.06% | |
Other Assets | 1.61% |
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.
International Equities | 97.95% | |
Cash and Equivalents | 0.30% | |
International Bonds | 0.09% | |
Property | 0.06% | |
Other Assets | 1.61% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Health Care | 18.22% | - | - | - | |
Health Care | - | 18.22% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 16.91% | - | |
Pharmaceuticals | - | - | - | 16.27% | |
Biotechnology | - | - | - | 0.64% | |
Medical Equipment & Services | - | - | 1.23% | - | |
Medical Equipment | - | - | - | 0.70% | |
Medical Supplies | - | - | - | 0.49% | |
Medical Services | - | - | - | 0.04% | |
Health Care Providers | - | - | 0.09% | - | |
Health Care Services | - | - | - | 0.09% | |
Health Care Facilities | - | - | - | 0.01% | |
Financials | 15.89% | - | - | - | |
Banks | - | 9.50% | - | - | |
Banks | - | - | 9.50% | - | |
Banks | - | - | - | 9.50% | |
Insurance | - | 4.60% | - | - | |
Non-life Insurance | - | - | 3.98% | - | |
Full Line Insurance | - | - | - | 2.80% | |
Reinsurance | - | - | - | 1.06% | |
Property & Casualty Insurance | - | - | - | 0.11% | |
Life Insurance | - | - | 0.63% | - | |
Life Insurance | - | - | - | 0.63% | |
Financial Services | - | 1.79% | - | - | |
Investment Banking & Brokerage Services | - | - | 1.79% | - | |
Asset Managers & Custodians | - | - | - | 1.27% | |
Diversified Financial Services | - | - | - | 0.38% | |
Investment Services | - | - | - | 0.14% | |
Industrials | 15.53% | - | - | - | |
Industrial Goods & Services | - | 11.92% | - | - | |
Industrial Transportation | - | - | 3.64% | - | |
Marine Transportation | - | - | - | 2.16% | |
Railroads | - | - | - | 0.96% | |
Transportation Services | - | - | - | 0.15% | |
Delivery Services | - | - | - | 0.14% | |
Trucking | - | - | - | 0.11% | |
Commercial Vehicles & Parts | - | - | - | 0.10% | |
Railroad Equipment | - | - | - | 0.02% | |
Industrial Support Services | - | - | 2.73% | - | |
Security Services | - | - | - | 1.51% | |
Industrial Suppliers | - | - | - | 0.79% | |
Transaction Processing Services | - | - | - | 0.26% | |
Professional Business Support Services | - | - | - | 0.10% | |
Business Training & Employment Agencies | - | - | - | 0.06% | |
Aerospace & Defence | - | - | 2.25% | - | |
Defense | - | - | - | 1.87% | |
Aerospace | - | - | - | 0.38% | |
General Industrials | - | - | 2.19% | - | |
Diversified Industrials | - | - | - | 2.16% | |
Containers & Packaging | - | - | - | 0.03% | |
Electronic & Electrical Equipment | - | - | 0.67% | - | |
Electrical Components | - | - | - | 0.60% | |
Electronic Equipment: Control & Filter | - | - | - | 0.07% | |
Industrial Engineering | - | - | 0.45% | - | |
Machinery: Industrial | - | - | - | 0.20% | |
Machinery: Construction & Handling | - | - | - | 0.11% | |
Machinery: Tools | - | - | - | 0.07% | |
Machinery: Agricultural | - | - | - | 0.05% | |
Machinery: Engines | - | - | - | 0.02% | |
Construction & Materials | - | 3.61% | - | - | |
Construction & Materials | - | - | 3.61% | - | |
Cement | - | - | - | 1.66% | |
Building Materials: Other | - | - | - | 1.43% | |
Construction | - | - | - | 0.36% | |
Building, Roofing/Wallboard & Plumbing | - | - | - | 0.07% | |
Engineering & Contracting Services | - | - | - | 0.05% | |
Building: Climate Control | - | - | - | 0.04% | |
Consumer Staples | 9.76% | - | - | - | |
Food, Beverage & Tobacco | - | 5.48% | - | - | |
Food Producers | - | - | 4.63% | - | |
Food Products | - | - | - | 4.59% | |
Farming, Fishing, Ranching & Plantations | - | - | - | 0.04% | |
Beverages | - | - | 0.78% | - | |
Brewers | - | - | - | 0.58% | |
Distillers & Vintners | - | - | - | 0.18% | |
Soft Drinks | - | - | - | 0.02% | |
Tobacco | - | - | 0.06% | - | |
Tobacco | - | - | - | 0.06% | |
Personal Care, Drug & Grocery Stores | - | 4.28% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 4.28% | - | |
Food Retailers & Wholesalers | - | - | - | 4.17% | |
Personal Products | - | - | - | 0.10% | |
Consumer Discretionary | 8.08% | - | - | - | |
Automobiles & Parts | - | 2.62% | - | - | |
Automobiles & Parts | - | - | 2.62% | - | |
Automobiles | - | - | - | 2.52% | |
Auto Parts | - | - | - | 0.07% | |
Tires | - | - | - | 0.04% | |
Retail | - | 2.42% | - | - | |
Retailers | - | - | 2.42% | - | |
Specialty Retailers | - | - | - | 1.48% | |
Apparel Retailers | - | - | - | 0.94% | |
Consumer Products & Services | - | 2.18% | - | - | |
Personal Goods | - | - | 1.50% | - | |
Clothing & Accessories | - | - | - | 0.95% | |
Luxury Items | - | - | - | 0.28% | |
Footwear | - | - | - | 0.15% | |
Cosmetics | - | - | - | 0.11% | |
Household Goods & Home Construction | - | - | 0.57% | - | |
Household Equipment & Products | - | - | - | 0.54% | |
Household Appliance | - | - | - | 0.04% | |
Consumer Services | - | - | 0.05% | - | |
Consumer Services: Misc. | - | - | - | 0.05% | |
Leisure Goods | - | - | 0.05% | - | |
Electronic Entertainment | - | - | - | 0.03% | |
Toys | - | - | - | 0.02% | |
Travel & Leisure | - | 0.60% | - | - | |
Travel & Leisure | - | - | 0.60% | - | |
Airlines | - | - | - | 0.47% | |
Casinos & Gambling | - | - | - | 0.08% | |
Restaurants & Bars | - | - | - | 0.03% | |
Hotels & Motels | - | - | - | 0.02% | |
Media | - | 0.26% | - | - | |
Media | - | - | 0.26% | - | |
Radio & TV Broadcasters | - | - | - | 0.11% | |
Publishing | - | - | - | 0.10% | |
Media Agencies | - | - | - | 0.06% | |
Energy | 8.01% | - | - | - | |
Energy | - | 8.01% | - | - | |
Non-Renewable Energy | - | - | 7.89% | - | |
Integrated Oil & Gas | - | - | - | 6.33% | |
Oil Equipment & Services | - | - | - | 1.36% | |
Oil Refining and Marketing | - | - | - | 0.11% | |
Pipelines | - | - | - | 0.07% | |
Oil: Crude Producers | - | - | - | 0.02% | |
Renewable Energy | - | - | 0.12% | - | |
Renewable Energy Equipment | - | - | - | 0.12% | |
Basic Materials | 7.52% | - | - | - | |
Basic Resources | - | 4.96% | - | - | |
Industrial Metals & Mining | - | - | 2.52% | - | |
Iron & Steel | - | - | - | 2.45% | |
Aluminum | - | - | - | 0.03% | |
Metal Fabricating | - | - | - | 0.02% | |
Copper | - | - | - | 0.02% | |
Industrial Materials | - | - | 2.43% | - | |
Paper | - | - | - | 2.38% | |
Forestry | - | - | - | 0.05% | |
Precious Metals & Mining | - | - | 0.01% | - | |
Gold Mining | - | - | - | 0.01% | |
Chemicals | - | 2.56% | - | - | |
Chemicals | - | - | 2.56% | - | |
Chemicals: Diversified | - | - | - | 1.45% | |
Fertilizers | - | - | - | 0.67% | |
Specialty Chemicals | - | - | - | 0.44% | |
Telecommunications | 6.61% | - | - | - | |
Telecommunications | - | 6.61% | - | - | |
Telecommunications Service Providers | - | - | 3.55% | - | |
Telecommunications Services | - | - | - | 3.55% | |
Telecommunications Equipment | - | - | 3.05% | - | |
Telecommunications Equipment | - | - | - | 3.05% | |
Technology | 3.94% | - | - | - | |
Technology | - | 3.94% | - | - | |
Software & Computer Services | - | - | 2.27% | - | |
Software | - | - | - | 1.74% | |
Consumer Digital Services | - | - | - | 0.30% | |
Computer Services | - | - | - | 0.23% | |
Technology Hardware & Equipment | - | - | 1.68% | - | |
Semiconductors | - | - | - | 0.86% | |
Production Technology Equipment | - | - | - | 0.78% | |
Computer Hardware | - | - | - | 0.04% | |
Utilities | 3.79% | - | - | - | |
Utilities | - | 3.79% | - | - | |
Gas, Water & Multi-utilities | - | - | 2.96% | - | |
Multi-Utilities | - | - | - | 2.85% | |
Water | - | - | - | 0.06% | |
Gas Distribution | - | - | - | 0.05% | |
Electricity | - | - | 0.83% | - | |
Conventional Electricity | - | - | - | 0.64% | |
Alternative Electricity | - | - | - | 0.19% | |
Non-Classified | 1.93% | - | - | - | |
Real Estate | 0.34% | - | - | - | |
Real Estate | - | 0.34% | - | - | |
Real Estate Investment & Services | - | - | 0.23% | - | |
Real Estate Holding and Development | - | - | - | 0.23% | |
Real Estate Investment Trusts | - | - | 0.11% | - | |
Retail REITs | - | - | - | 0.05% | |
Office REITs | - | - | - | 0.05% | |
Industrial REITs | - | - | - | 0.01% | |
Cash and Equivalents | 0.30% | - | - | - | |
Bonds | 0.09% | - | - | - | |
Alternative Trading Strategies | 0.00% | - | - | - | |
Alternative Trading Strategies | - | 0.00% | - | - | |
Alternative Trading Strategies | - | - | 0.00% | - | |
Alternative Trading Strategies | - | - | - | 0.00% |
Developed Europe - Excl UK | 97.64% | |
Non-Classified | 1.61% | |
Emerging Europe | 0.40% | |
Cash and Equivalents | 0.30% | |
Property | 0.06% |
Non-Fixed Interest Assets | 99.61% | |
Cash | 0.30% | |
Swedish Krona | 0.05% | |
Swiss Franc | 0.04% |
Region | Country | ||
---|---|---|---|
Developed Europe - Excl UK | 97.64% | - | |
![]() |
- | 20.51% | |
![]() |
- | 19.68% | |
![]() |
- | 14.89% | |
![]() |
- | 8.23% | |
![]() |
- | 5.86% | |
![]() |
- | 4.72% | |
![]() |
- | 4.68% | |
![]() |
- | 3.66% | |
![]() |
- | 3.44% | |
![]() |
- | 3.12% | |
![]() |
- | 2.81% | |
![]() |
- | 2.66% | |
![]() |
- | 2.50% | |
![]() |
- | 0.78% | |
![]() |
- | 0.11% | |
Non-Classified | 1.61% | - | |
Emerging Europe | 0.40% | - | |
![]() |
- | 0.14% | |
![]() |
- | 0.11% | |
![]() |
- | 0.08% | |
![]() |
- | 0.06% | |
![]() |
- | 0.02% | |
Cash and Equivalents | 0.30% | - | |
Property | 0.06% | - |
Mega |
|
57.64% |
Large |
|
26.28% |
Medium |
|
10.82% |
Small |
|
1.40% |
Micro |
|
0.27% |
Non-Classified |
|
3.21% |
Bonds |
|
0.09% |
Cash |
|
0.30% |
Name | % Weight | Sector | Country | |
---|---|---|---|---|
1 | M&G (LUX) FCP Europe ex UK Equity Fund Z3A Acc | 72.80% | Managed Funds | Managed Funds |
2 | M&G (LUX) FCP Europe ex UK Index Fund Z3A Acc | 27.20% | Managed Funds | Managed Funds |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | NOVARTIS AG | 4.59% | Pharmaceuticals & Biotechnology | Switzerland |
2 | TOTAL SE | 4.33% | Non-Renewable Energy | France |
3 | ROCHE HLDG AG | 3.61% | Pharmaceuticals & Biotechnology | Switzerland |
4 | NESTLE S.A. | 3.12% | Food Producers | Switzerland |
5 | SANOFI | 2.46% | Pharmaceuticals & Biotechnology | France |
6 | KONINKLIJKE AHOLD DELHAIZE NV | 2.43% | Personal Care, Drug & Grocery Stores | Netherlands |
7 | UPM-KYMMENE OYJ | 2.35% | Industrial Materials | Finland |
8 | BANK OF IRELAND GROUP | 2.10% | Banks | Ireland |
9 | SIEMENS AG | 2.10% | General Industrials | Germany |
10 | CAIXABANK SA | 1.94% | Banks | Spain |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | - | 3.94% | - | - | - | - | - | - | 3.94% |
Telecommunications | - | 6.61% | - | - | - | - | - | - | 6.61% |
Financials | - | 15.89% | - | 0.09% | - | - | - | - | 15.98% |
Real Estate | - | 0.28% | - | - | - | 0.06% | 0.02% | - | 0.36% |
Consumer Discretionary | - | 8.08% | - | - | - | - | 0.72% | - | 8.80% |
Consumer Staples | - | 9.76% | - | - | - | - | - | - | 9.76% |
Energy | - | 8.01% | - | - | - | - | - | - | 8.01% |
Utilities | - | 3.79% | - | - | - | - | - | - | 3.79% |
Health Care | - | 18.22% | - | - | - | - | 0.09% | - | 18.32% |
Industrials | - | 15.53% | - | - | - | - | 0.21% | - | 15.74% |
Basic Materials | - | 7.52% | - | - | - | - | 0.03% | - | 7.55% |
Cash and Equivalents | - | - | - | - | - | - | - | 0.30% | 0.30% |
Bonds | - | - | - | - | - | - | - | - | - |
Non-Classified | - | 0.33% | - | - | - | - | 0.54% | - | 0.87% |
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.
Sedol Code | 3283002 |
Mex Code | SBEURP |
Isin Code | IE0032830022 |
Citi Code | S777 |
Annual Management Charge (AMC) | 1.20% |
Further Costs | 0.03% |
Yearly Total | 1.23% |
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 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 Europe, excluding 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 | FTSE World Europe ex UK Index |
ABI Sector | Europe excluding UK Equities |
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.
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 | 0.01 |
Beta | 0.89 |
Sharpe | 0.02 |
Standard Deviation | 17.57 |
Info Ratio | -0.06 |
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.
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.