Prudential PruFund Risk Managed 3 Fund S2

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

Performance

Discrete performance - to last month end

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 5.0% 5.0% 5.5% 4.3% 11.0%

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 6.9% 6.1% 6.6%

Commentary

30 June 2022

After a very disappointing opening quarter, investment returns across most asset classes continued to register heavy falls in the second quarter. The combination of a dire inflation outlook and interest rate rises sparked fears of a slowdown in the global economy that weighed heavily on investor sentiment. Volatility in commodity markets also persisted, with further increases in oil and gas prices adding to investor concerns over global growth as the war in Ukraine rumbled on. However, fears of a global recession knocked industrial metals prices, with many registering their first quarterly fall since the onset of the pandemic.

In the UK, equity and bond markets fell in June in the wake of a continued deterioration in the macroeconomic and geopolitical environment. Inflation has spiked this year, fed by elevated energy and food prices plus supply constraints. In the US, investor sentiment deteriorated as the Federal Reserve acknowledged the possibility that the economy could be tipped into recession by interest rates being raised aggressively to combat high inflation.

In currency markets, the US dollar was the best-performing major currency in the G10 group of industrialised nations as investors began to factor in more aggressive interest rate hikes from the US Federal Reserve.

UK commercial property made a solid start to the quarter, with real estate investors seemingly unperturbed by the gyrations seen in other asset classes.

The M&G Treasury & Investment Office (T&IO) outlook is cautious as much uncertainty remains.

Fund Aims

Objective: The fund aims to achieve long-term total return (the combination of income and growth of capital). The fund is actively managed and aims to limit the fluctuations ('volatility') your investment experiences, after allowing for smoothing, to 12% per annum over the medium to long term. There is no guarantee that the fund will achieve its objective of managing the volatility to the target level.

Fund Manager

M&G Treasury & Investment office (Charles Griffith) manager of the underlying fund for 7 years and 7 months

Photo of M&G Treasury & Investment office (Charles Griffith) The M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability, with access to investment professionals around the world. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. The lead fund manager for this fund is Charles Griffith, ACII CFA, Head of Multi Asset Portfolio Management. Charles joined the company in April 2018, having spent 24 years in financial services companies including Blackrock, Barclays Global Investors and Fitch Ratings. Charles is a member of the Investment Office Executive Committee and the M&G Group Pension Committee. Charles is currently an independent member of the Investment Committee of the Alzheimer’s Society, as well as sitting on the Governors Investment Committee at Sherborne School. Charles attended the University of Newcastle-Upon-Type earning a class 2.1 BA Honours degree in Business Management. He is an Associate of the Chartered Insurance Institute and a CFA® charterholder.

Fund Overview

Bid (12/08/2022) 204.48
Offer n/a
Fund size -
Launch date 25/11/2011

Fund Charges

Annual Management Charge (AMC) 1.35%
Further Costs 0.16%
Yearly Total 1.51%
Portfolio data accurate as at: 31/03/22

Asset Allocation

UK Equities
 
 
12.70%
UK Property
 
 
9.40%
UK Investment Grade
 
 
8.80%
US Investment Grade
 
 
8.10%
Asia ex. Japan Equities
 
 
7.20%
North American Equities
 
 
5.90%
Asia Fixed Interest
 
 
5.80%
European Equities
 
 
5.30%
Private High Yield
 
 
4.00%
Private Equity
 
 
3.90%
Europe Investment Grade
 
 
3.40%
Cash & Equivalents
 
 
3.40%
Tactical Investment Opportunities
 
 
3.10%
Japanese Equities
 
 
2.80%
Middle East and Africa Equities
 
 
2.10%
Asia Property
 
 
1.70%
Infrastructure
 
 
1.70%
Emerging Market Debt
 
 
1.60%
Europe ex UK property
 
 
1.40%
Hedge Fund
 
 
1.30%
North America Property
 
 
1.20%
US Treasury
 
 
1.20%
Africa Fixed Interest
 
 
0.90%
Europe High Yield
 
 
0.80%
US High Yield
 
 
0.80%
Convertibles
 
 
0.70%
Lower Risk Private Credit
 
 
0.40%
Global High Yield
 
 
0.30%
Global Emerging Markets Equities
 
 
0.10%

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.

We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Prudential Directors, our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.

Fund performance may include additional surplus shared with some PruFund funds. For further details visit www.pru.co.uk/egr

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

UK Equities
 
 
12.70%
UK Property
 
 
9.40%
UK Investment Grade
 
 
8.80%
US Investment Grade
 
 
8.10%
Asia ex. Japan Equities
 
 
7.20%
North American Equities
 
 
5.90%
Asia Fixed Interest
 
 
5.80%
European Equities
 
 
5.30%
Private High Yield
 
 
4.00%
Private Equity
 
 
3.90%
Europe Investment Grade
 
 
3.40%
Cash & Equivalents
 
 
3.40%
Tactical Investment Opportunities
 
 
3.10%
Japanese Equities
 
 
2.80%
Middle East and Africa Equities
 
 
2.10%
Asia Property
 
 
1.70%
Infrastructure
 
 
1.70%
Emerging Market Debt
 
 
1.60%
Europe ex UK property
 
 
1.40%
Hedge Fund
 
 
1.30%
North America Property
 
 
1.20%
US Treasury
 
 
1.20%
Africa Fixed Interest
 
 
0.90%
Europe High Yield
 
 
0.80%
US High Yield
 
 
0.80%
Convertibles
 
 
0.70%
Lower Risk Private Credit
 
 
0.40%
Global High Yield
 
 
0.30%
Global Emerging Markets Equities
 
 
0.10%

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.

We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Prudential Directors, our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.

Fund performance may include additional surplus shared with some PruFund funds. For further details visit www.pru.co.uk/egr

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 B4LDFM2
Mex Code PUUSAC
Isin Code GB00B4LDFM29
Citi Code 0I3K

Fund Charges

Annual Management Charge (AMC) 1.35%
Further Costs 0.16%
Yearly Total 1.51%

Aims and Benchmark

Aims Objective: The fund aims to achieve long-term total return (the combination of income and growth of capital). The fund is actively managed and aims to limit the fluctuations ('volatility') your investment experiences, after allowing for smoothing, to 12% per annum over the medium to long term. There is no guarantee that the fund will achieve its objective of managing the volatility to the target level.
Benchmark Not benchmarked
ABI Sector Unclassified

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.

We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Prudential Directors, our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.

Fund performance may include additional surplus shared with some PruFund funds. For further details visit www.pru.co.uk/egr

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 5.48
Beta 0.32
Sharpe 1.13
Standard Deviation 3.00
Info Ratio 0.66

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.

We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Prudential Directors, our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.

Fund performance may include additional surplus shared with some PruFund funds. For further details visit www.pru.co.uk/egr

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.

We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Prudential Directors, our charges, the smoothing process, if there is a guarantee and when you take your money out. Guarantees are currently closed to new investments.

Fund performance may include additional surplus shared with some PruFund funds. For further details visit www.pru.co.uk/egr

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.