Prudential Dynamic Growth V S3

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

Performance

Discrete performance - to latest available quarter 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 -12.0% 32.6% 4.4% -0.4% 9.6%
Benchmark -7.9% 25.5% 5.6% -0.1% 11.3%

Performance - to latest available quarter end

Quarter Annualised
1
2024
3 Years to
31/03/24
5 Years to
31/03/24
10 Years to
31/03/24
Fund 3.6% 4.5% 5.9% n/a
Benchmark 4.1% 5.5% 6.3% n/a

Top 10 Holdings

Stock % Weight
USD/GBP GBP 1.53
SHELL 1.51
ASTRAZENECA 1.49
HSBC HOLDINGS 1.16
SAMSUNG ELECTRONICS CO. LTD 1.12
UNILEVER 0.91
MICROSOFT CORPORATION 0.85
APPLE 0.77
BP 0.75
EUR/GBP GBP 0.65
Total 10.76

Fund Aims

The fund aims to deliver long term growth through investing in a diversified range of assets both in the UK and globally. At any time, the fund will invest at least 60% of its assets in equities but may invest up to 100%. Investments are managed across asset classes and across world markets with a focus on long run investment potential as forecast on a rolling 10 years basis. The fund may invest in a range of permitted assets which include equities, bonds, property and cash accessed directly or indirectly via appropriate fund vehicles. The fund may include other assets as deemed appropriate by both the manager and current regulations.

Fund Manager

M&G manager for 9 years and 2 months

Photo of M&G .

BlackRock manager for 9 years and 2 months

Photo of BlackRock .

M&G Treasury & Investment Office manager for 9 years and 2 months

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

Daily price (16/05/2024) 187.40
Fund size (31/03/2024) £9.54m
Number of holdings 11372
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 27/02/2015

Asset Allocation

pie chart
  International Equities 44.30%
  UK Equities 20.04%
  Cash and Equivalents 11.66%
  International Bonds 11.21%
  Property 3.52%
  UK Corporate Bonds 3.48%
  UK Gilts 1.41%
  Investment Trusts 1.16%
  Money Market 0.10%
  Other Assets 3.14%

Commentary

Performance as at Q3 2023 - The PPDG funds slightly underperformed the peer group on a relative basis, but around flat in absolute terms. On a tactical basis, we have relatively small positions reflecting the uncertain nature of markets currently. As such, over the quarter, the slight gain seen to the underweight in fixed income was more than offset by the small negative returns seen in our overweight US and Emerging Market equity future positions. The relatively flat equity and bond market returns belie a few interesting themes that were experienced during the third quarter. In local terms, some international equity markets experienced positive returns, however due to Sterling weakness, returns were roughly flat. Conversely, the currency weakness helped stocks with international exposure within the UK stock market rise by 1% in the three months to September. The currency weakness was attributable to the rapid rise seen in US yields seen in the summer, due to positive non-consensus US economic growth data printed during the quarter, which went against the soft-landing narrative seen in headlines. This was whilst UK gilt yields stayed roughly flat, leading to investors repricing interest rate differentials seen between the two countries.

Source: M&G

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 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 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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 44.30%
  UK Equities 20.04%
  Cash and Equivalents 11.66%
  International Bonds 11.21%
  Property 3.52%
  UK Corporate Bonds 3.48%
  UK Gilts 1.41%
  Investment Trusts 1.16%
  Money Market 0.10%
  Other Assets 3.14%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 16.09% - - -
 
Financials 12.55% - - -
 
Banks - 5.78% - -
 
Banks - - 5.78% -
 
Banks - - - 5.78%
 
Financial Services - 4.44% - -
 
Investment Banking & Brokerage Services - - 2.66% -
 
Asset Managers & Custodians - - - 1.47%
 
Investment Services - - - 0.78%
 
Diversified Financial Services - - - 0.41%
 
Equity Investment Instruments - - 1.17% -
 
Equity Investment Instruments - - - 1.17%
 
Finance & Credit Services - - 0.60% -
 
Financial Data & Systems - - - 0.51%
 
Consumer Lending - - - 0.08%
 
Mortgage Finance - - - 0.01%
 
Mortgage Real Estate Investment Trusts - - 0.00% -
 
Mortgage REITs: Residential - - - 0.00%
 
Nonequity Investment Instruments - - 0.00% -
 
Nonequity Investment Instruments - - - 0.00%
 
Insurance - 2.33% - -
 
Non-life Insurance - - 1.18% -
 
Property & Casualty Insurance - - - 0.49%
 
Full Line Insurance - - - 0.46%
 
Reinsurance - - - 0.14%
 
Insurance Brokers - - - 0.09%
 
Life Insurance - - 1.15% -
 
Life Insurance - - - 1.15%
 
Cash and Equivalents 11.76% - - -
 
Industrials 9.13% - - -
 
Industrial Goods & Services - 8.22% - -
 
Industrial Transportation - - 2.02% -
 
Railroads - - - 0.90%
 
Transportation Services - - - 0.40%
 
Commercial Vehicle-Equipment Leasing - - - 0.24%
 
Marine Transportation - - - 0.20%
 
Delivery Services - - - 0.15%
 
Commercial Vehicles & Parts - - - 0.10%
 
Trucking - - - 0.02%
 
Railroad Equipment - - - 0.01%
 
Industrial Support Services - - 1.72% -
 
Professional Business Support Services - - - 0.70%
 
Transaction Processing Services - - - 0.48%
 
Industrial Suppliers - - - 0.33%
 
Business Training & Employment Agencies - - - 0.15%
 
Security Services - - - 0.05%
 
Forms & Bulk Printing Services - - - 0.02%
 
General Industrials - - 1.34% -
 
Diversified Industrials - - - 0.94%
 
Containers & Packaging - - - 0.31%
 
Paints & Coatings - - - 0.06%
 
Plastics - - - 0.02%
 
Glass - - - 0.02%
 
Aerospace & Defence - - 1.21% -
 
Aerospace - - - 0.68%
 
Defense - - - 0.53%
 
Electronic & Electrical Equipment - - 1.09% -
 
Electrical Components - - - 0.66%
 
Electronic Equipment: Gauges & Meters - - - 0.25%
 
Electronic Equipment: Control & Filter - - - 0.13%
 
Electronic Equipment: Pollution Control - - - 0.03%
 
Electronic Equipment: Other - - - 0.02%
 
Industrial Engineering - - 0.83% -
 
Machinery: Industrial - - - 0.36%
 
Machinery: Construction & Handling - - - 0.27%
 
Machinery: Tools - - - 0.10%
 
Machinery: Agricultural - - - 0.05%
 
Machinery: Engines - - - 0.03%
 
Machinery: Specialty - - - 0.02%
 
Construction & Materials - 0.91% - -
 
Construction & Materials - - 0.91% -
 
Building Materials: Other - - - 0.29%
 
Construction - - - 0.28%
 
Building: Climate Control - - - 0.11%
 
Cement - - - 0.10%
 
Engineering & Contracting Services - - - 0.09%
 
Building, Roofing/Wallboard & Plumbing - - - 0.03%
 
Consumer Discretionary 8.16% - - -
 
Consumer Products & Services - 2.33% - -
 
Personal Goods - - 0.87% -
 
Clothing & Accessories - - - 0.48%
 
Cosmetics - - - 0.17%
 
Luxury Items - - - 0.14%
 
Footwear - - - 0.09%
 
Consumer Services - - 0.52% -
 
Vending & Catering Service - - - 0.38%
 
Consumer Services: Misc. - - - 0.11%
 
Education Services - - - 0.02%
 
Rental & Leasing Services: Consumer - - - 0.02%
 
Leisure Goods - - 0.47% -
 
Consumer Electronics - - - 0.19%
 
Electronic Entertainment - - - 0.19%
 
Toys - - - 0.04%
 
Recreational Vehicles & Boats - - - 0.02%
 
Recreational Products - - - 0.02%
 
Photography - - - 0.01%
 
Household Goods & Home Construction - - 0.46% -
 
Home Construction - - - 0.36%
 
Household Appliance - - - 0.06%
 
Household Equipment & Products - - - 0.04%
 
Household Furnishings - - - 0.01%
 
Retail - 1.70% - -
 
Retailers - - 1.70% -
 
Diversified Retailers - - - 1.09%
 
Home Improvement Retailers - - - 0.24%
 
Apparel Retailers - - - 0.23%
 
Specialty Retailers - - - 0.15%
 
Automobiles & Parts - 1.44% - -
 
Automobiles & Parts - - 1.44% -
 
Automobiles - - - 1.14%
 
Auto Parts - - - 0.22%
 
Tires - - - 0.08%
 
Auto Services - - - 0.01%
 
Travel & Leisure - 1.44% - -
 
Travel & Leisure - - 1.44% -
 
Casinos & Gambling - - - 0.54%
 
Hotels & Motels - - - 0.26%
 
Restaurants & Bars - - - 0.24%
 
Airlines - - - 0.18%
 
Travel & Tourism - - - 0.17%
 
Recreational Services - - - 0.05%
 
Media - 1.25% - -
 
Media - - 1.25% -
 
Publishing - - - 0.75%
 
Media Agencies - - - 0.26%
 
Entertainment - - - 0.16%
 
Radio & TV Broadcasters - - - 0.08%
 
Technology 7.58% - - -
 
Technology - 7.58% - -
 
Software & Computer Services - - 3.84% -
 
Software - - - 1.95%
 
Consumer Digital Services - - - 1.42%
 
Computer Services - - - 0.47%
 
Technology Hardware & Equipment - - 3.74% -
 
Semiconductors - - - 1.70%
 
Computer Hardware - - - 0.95%
 
Production Technology Equipment - - - 0.75%
 
Electronic Components - - - 0.28%
 
Electronic Office Equipment - - - 0.07%
 
Health Care 6.63% - - -
 
Health Care - 6.63% - -
 
Pharmaceuticals & Biotechnology - - 5.12% -
 
Pharmaceuticals - - - 4.75%
 
Biotechnology - - - 0.37%
 
Medical Equipment & Services - - 1.15% -
 
Medical Equipment - - - 0.72%
 
Medical Supplies - - - 0.37%
 
Medical Services - - - 0.06%
 
Health Care Providers - - 0.37% -
 
Health Care Management Services - - - 0.23%
 
Health Care Facilities - - - 0.08%
 
Health Care Services - - - 0.06%
 
Non-Classified 6.20% - - -
 
Non-Classified - 3.53% - -
 
Non-Classified - - 3.53% -
 
Non-Classified - - - 3.53%
 
Consumer Staples 5.32% - - -
 
Food, Beverage & Tobacco - 2.92% - -
 
Beverages - - 1.25% -
 
Distillers & Vintners - - - 0.73%
 
Soft Drinks - - - 0.32%
 
Brewers - - - 0.20%
 
Food Producers - - 0.98% -
 
Food Products - - - 0.91%
 
Fruit & Grain Processing - - - 0.04%
 
Farming, Fishing, Ranching & Plantations - - - 0.03%
 
Tobacco - - 0.69% -
 
Tobacco - - - 0.69%
 
Personal Care, Drug & Grocery Stores - 2.40% - -
 
Personal Care, Drug & Grocery Stores - - 2.40% -
 
Personal Products - - - 1.18%
 
Food Retailers & Wholesalers - - - 0.71%
 
Nondurable Household Products - - - 0.41%
 
Drug Retailers - - - 0.10%
 
Energy 4.24% - - -
 
Energy - 4.24% - -
 
Non-Renewable Energy - - 4.16% -
 
Integrated Oil & Gas - - - 2.78%
 
Pipelines - - - 0.57%
 
Oil: Crude Producers - - - 0.40%
 
Oil Refining and Marketing - - - 0.27%
 
Oil Equipment & Services - - - 0.07%
 
Coal - - - 0.06%
 
Offshore Drilling & Other Services - - - 0.01%
 
Renewable Energy - - 0.08% -
 
Renewable Energy Equipment - - - 0.08%
 
Alternative Fuels - - - 0.00%
 
Basic Materials 3.89% - - -
 
Basic Resources - 2.96% - -
 
Industrial Metals & Mining - - 2.71% -
 
General Mining - - - 2.08%
 
Iron & Steel - - - 0.43%
 
Copper - - - 0.10%
 
Metal Fabricating - - - 0.05%
 
Aluminum - - - 0.03%
 
Nonferrous Metals - - - 0.02%
 
Precious Metals & Mining - - 0.16% -
 
Gold Mining - - - 0.13%
 
Platinum & Precious Metals - - - 0.03%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.09% -
 
Paper - - - 0.06%
 
Diversified Materials - - - 0.02%
 
Forestry - - - 0.01%
 
Textile Products - - - 0.00%
 
Chemicals - 0.93% - -
 
Chemicals - - 0.93% -
 
Chemicals: Diversified - - - 0.58%
 
Specialty Chemicals - - - 0.30%
 
Fertilizers - - - 0.03%
 
Chemicals & Synthetic Fibers - - - 0.02%
 
Real Estate 3.78% - - -
 
Real Estate - 3.78% - -
 
Real Estate Investment Trusts - - 3.13% -
 
Diversified REITs - - - 0.87%
 
Industrial REITs - - - 0.59%
 
Retail REITs - - - 0.29%
 
Residential REITs - - - 0.29%
 
Infrastructure REITs - - - 0.27%
 
Office REITs - - - 0.25%
 
Other Specialty REITs - - - 0.19%
 
Storage REITs - - - 0.18%
 
Health Care REITs - - - 0.16%
 
Hotel & Lodging REITs - - - 0.02%
 
Timber REITs - - - 0.01%
 
Real Estate Investment & Services - - 0.65% -
 
Real Estate Holding and Development - - - 0.55%
 
Real Estate Services - - - 0.10%
 
Utilities 3.62% - - -
 
Utilities - 3.62% - -
 
Electricity - - 2.05% -
 
Conventional Electricity - - - 1.91%
 
Alternative Electricity - - - 0.14%
 
Gas, Water & Multi-utilities - - 1.52% -
 
Multi-Utilities - - - 1.03%
 
Water - - - 0.28%
 
Gas Distribution - - - 0.21%
 
Waste & Disposal Services - - 0.05% -
 
Waste & Disposal Services - - - 0.05%
 
Telecommunications 2.60% - - -
 
Telecommunications - 2.60% - -
 
Telecommunications Equipment - - 1.47% -
 
Telecommunications Equipment - - - 1.47%
 
Telecommunications Service Providers - - 1.13% -
 
Telecommunications Services - - - 1.06%
 
Cable Television Services - - - 0.06%
 
Alternative Trading Strategies -1.56% - - -
 
Alternative Trading Strategies - -1.56% - -
 
Alternative Trading Strategies - - -1.56% -
 
Alternative Trading Strategies - - - -1.56%

Regional Allocation

pie chart
  UK 24.94%
  North America 19.08%
  Developed Europe - Excl UK 14.77%
  Cash and Equivalents 11.76%
  Emerging Asia 6.40%
  Japan 5.37%
  Australia & New Zealand 4.54%
  Non-Classified 5.45%
  Property 3.47%
  Other Regions 4.24%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 72.35%
  Cash 11.56%
  Pound Sterling 7.00%
  US Dollar 5.17%
  Euro 3.25%
  Brazilian Real 0.06%
  Other Currencies 0.59%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 24.94% -
 
United Kingdom - 24.94%
 
Jersey - 0.00%
 
North America 19.08% -
 
United States - 18.42%
 
Canada - 0.65%
 
Developed Europe - Excl UK 14.77% -
 
France - 3.01%
 
Germany - 2.19%
 
Switzerland - 2.06%
 
Netherlands - 1.90%
 
Ireland - 0.91%
 
Sweden - 0.89%
 
Spain - 0.78%
 
Denmark - 0.77%
 
Italy - 0.69%
 
Luxembourg - 0.59%
 
Finland - 0.28%
 
Belgium - 0.27%
 
Norway - 0.18%
 
Austria - 0.13%
 
Portugal - 0.07%
 
Iceland - 0.05%
 
Cash and Equivalents 11.76% -
 
Emerging Asia 6.40% -
 
South Korea - 3.64%
 
China - 0.81%
 
India - 0.71%
 
Taiwan - 0.68%
 
Indonesia - 0.14%
 
Malaysia - 0.12%
 
Thailand - 0.10%
 
Philippines - 0.08%
 
Uzbekistan - 0.03%
 
Viet Nam - 0.02%
 
Azerbaijan - 0.01%
 
Kazakhstan - 0.01%
 
Tajikistan - 0.01%
 
Georgia - 0.01%
 
Mongolia - 0.01%
 
Armenia - 0.01%
 
Sri Lanka - 0.01%
 
Papua New Guinea - 0.00%
 
Macau - 0.00%
 
Pakistan - 0.00%
 
Japan 5.37% -
 
Japan - 5.37%
 
Australia & New Zealand 4.54% -
 
Australia - 4.31%
 
New Zealand - 0.23%
 
New Caledonia - 0.00%
 
Non-Classified 5.45% -
 
Property 3.47% -
 
Developed Asia 2.13% -
 
Hong Kong - 1.39%
 
Singapore - 0.74%
 
South & Central America 1.04% -
 
Mexico - 0.35%
 
Brazil - 0.34%
 
Colombia - 0.09%
 
Peru - 0.04%
 
Dominican Republic - 0.03%
 
Uruguay - 0.03%
 
Chile - 0.03%
 
Argentina - 0.03%
 
Paraguay - 0.02%
 
Jamaica - 0.02%
 
Guatemala - 0.01%
 
Cayman Islands - 0.01%
 
Barbados - 0.01%
 
Honduras - 0.01%
 
Trinidad and Tobago - 0.01%
 
El Salvador - 0.01%
 
Ecuador - 0.01%
 
Suriname - 0.01%
 
Venezuela - 0.00%
 
Costa Rica - 0.00%
 
Panama - 0.00%
 
Bolivia - 0.00%
 
Middle East & Africa 0.68% -
 
Saudi Arabia - 0.16%
 
South Africa - 0.15%
 
United Arab Emirates - 0.07%
 
Qatar - 0.05%
 
Israel - 0.04%
 
Kuwait - 0.03%
 
Egypt - 0.02%
 
Morocco - 0.02%
 
Cote D'Ivoire - 0.01%
 
Oman - 0.01%
 
Nigeria - 0.01%
 
Kenya - 0.01%
 
Benin - 0.01%
 
Gabon - 0.01%
 
Jordan - 0.01%
 
Senegal - 0.01%
 
Angola - 0.01%
 
Cameroon - 0.01%
 
Mozambique - 0.01%
 
Rwanda - 0.01%
 
Zambia - 0.01%
 
Ghana - 0.01%
 
Iraq - 0.00%
 
Emerging Europe 0.39% -
 
Poland - 0.13%
 
Turkey - 0.06%
 
Greece - 0.05%
 
Hungary - 0.05%
 
Romania - 0.05%
 
Serbia - 0.01%
 
Ukraine - 0.01%
 
Montenegro - 0.01%
 
Czech Republic - 0.01%
 
Bosnia and Herzegowina - 0.01%
 
Albania - 0.00%
 
Macedonia, The Former Yugoslav Republic Of - 0.00%
 
Russian Federation - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
39.03%
Large
 
 
15.10%
Medium
 
 
7.30%
Small
 
 
1.22%
Micro
 
 
0.20%
Non-Classified
 
 
9.30%
Bonds
 
 
16.09%
Cash
 
 
11.76%

Top 10 Fund Holdings

Name % Weight Sector Country
1 BlackRock Aquila UK Equity Index S2 (HP) 18.74% Managed Funds Managed Funds
2 BlackRock Aquila US Equity S2 (HP) 11.20% Managed Funds Managed Funds
3 BlackRock Aquila Pacific Rim Equity S2 (HP) 9.91% Managed Funds Managed Funds
4 BlackRock Aquila European Equity Index S2 (HP) 9.01% Managed Funds Managed Funds
5 BlackRock Aquila Japanese Equity S2 (HP) 4.93% Managed Funds Managed Funds
6 M&G Total Return Credit Investment Class PP GBP 3.96% Managed Funds Managed Funds
7 M&G PP Long Dated Corporate Bond Fund 3.83% Managed Funds Managed Funds
8 BlackRock Aquila Connect Emerging Markets S2 (HP) 3.68% Managed Funds Managed Funds
9 M&G PP All Stocks Corporate Bond Institutional Acc 3.44% Managed Funds Managed Funds
10 Legal & General Global Infrastructure Index Class C 3.41% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 USD/GBP GBP 1.53% Non-Classified Non-Classified
2 SHELL 1.51% Non-Renewable Energy United Kingdom
3 ASTRAZENECA 1.49% Pharmaceuticals & Biotechnology United Kingdom
4 HSBC HOLDINGS 1.16% Banks United Kingdom
5 SAMSUNG ELECTRONICS CO. LTD 1.12% Telecommunications Equipment South Korea
6 UNILEVER 0.91% Personal Care, Drug & Grocery Stores United Kingdom
7 MICROSOFT CORPORATION 0.85% Software & Computer Services United States
8 APPLE 0.77% Technology Hardware & Equipment United States
9 BP 0.75% Non-Renewable Energy United Kingdom
10 EUR/GBP GBP 0.65% Non-Classified Non-Classified

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.30% 7.28% - - - - - - 7.58%
Telecommunications 0.24% 2.36% - 0.03% - - - - 2.63%
Financials 3.80% 7.59% - 0.04% - - 1.16% - 12.59%
Real Estate 0.66% 0.86% - - - 2.25% 0.01% - 3.79%
Consumer Discretionary 2.34% 5.82% - - - - - - 8.16%
Consumer Staples 3.05% 2.27% - - - - - - 5.33%
Energy 2.32% 1.92% - - - - - - 4.24%
Utilities 0.88% 2.75% - - - - - - 3.62%
Health Care 2.42% 4.21% - - - - - - 6.63%
Industrials 2.38% 6.75% - - - - - - 9.13%
Basic Materials 1.49% 2.40% - - - - - - 3.89%
Cash and Equivalents - - - - - - - 11.66% 11.66%
Bonds - - 3.48% 11.13% 1.41% - - - 16.01%
Non-Classified 0.16% 0.08% - - - 1.26% 3.12% 0.10% 4.73%

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 BSPBVC2
Mex Code VNAAAG
Isin Code GB00BSPBVC27
Citi Code M41U

Fund Charges

Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan

Aims and Benchmark

Aims The fund aims to deliver long term growth through investing in a diversified range of assets both in the UK and globally. At any time, the fund will invest at least 60% of its assets in equities but may invest up to 100%. Investments are managed across asset classes and across world markets with a focus on long run investment potential as forecast on a rolling 10 years basis. The fund may invest in a range of permitted assets which include equities, bonds, property and cash accessed directly or indirectly via appropriate fund vehicles. The fund may include other assets as deemed appropriate by both the manager and current regulations.
Benchmark Internal composite benchmark, asset allocation set by the M&G Treasury & Investment Office (T&IO).
ABI Sector Flexible Investment

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 3.13
Beta 1.05
Sharpe 0.03
Standard Deviation 8.24
Info Ratio 1.14

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate No
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities No
New Fund Yes
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

New Fund

The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.

These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.

We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.

  • Higher Risk
  • Medium to Higher Risk
  • Medium Risk
  • Lower to Medium Risk
  • Lower Risk
  • Minimal Risk

Medium Risk

These funds may invest in multi-asset strategies with a higher weighting in equities (or with significant derivative use), while funds investing mainly in property, high yield or government bonds (such as UK Gilts) are also in this category.

Help

Important Information

This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation 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 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 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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.

Prudential is a trading name of Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.