Prudential Income and Growth Bond (ex M&G)

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 3.0% 2.3% -4.5% 11.9% -4.5%
Sector 2.5% 1.6% -7.2% 10.8% -3.5%
Rank 17/31 17/31 7/35 14/35 23/35
Quartile 3 3 1 2 3

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 0.7% 1.5% 4.1%
Sector -0.3% 0.7% 3.3%
Rank 12/35 14/31 16/31
Quartile 2 2 2

Top 10 Holdings

Stock % Weight
ASTRAZENECA 1.01
HSBC HOLDINGS 0.67
GLAXOSMITHKLINE 0.61
4¼% Treasury Stock 2032 0.61
SHELL 0.61
3¼% Treasury Gilt 2044 0.57
BP 0.57
INT BK REC 1% 21/12/2029 0.54
BRITISH AMERICAN TOBACCO 0.53
UNILEVER 0.52
Total 6.24

Fund Aims

Objective: The investment strategy of the fund is to provide a combination of income and capital growth by investing in a mixed portfolio of mainly UK and overseas equities, sterling Denominated Corporate Bonds and Gilts. The fund is an actively managed fund of funds, investing in collective investment schemes. The fund may also hold cash deposits depending on the investment conditions.

Fund Manager

M&G Treasury & Investment Office manager for 7 years and 8 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

Bid (16/08/2022) 124.00
Offer (16/08/2022) 130.30
Number of holdings 8379
Launch date 18/04/1994

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.04%
Yearly Total 1.04%

Asset Allocation

pie chart
  International Bonds 26.02%
  International Equities 24.08%
  UK Equities 18.68%
  UK Corporate Bonds 17.51%
  UK Gilts 1.51%
  Investment Trusts 1.08%
  Cash and Equivalents 1.01%
  Property 0.71%
  Alternative Trading Strategies 0.01%
  Other Assets 9.38%
Portfolio data accurate as at: 30/06/22

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 26.02%
  International Equities 24.08%
  UK Equities 18.68%
  UK Corporate Bonds 17.51%
  UK Gilts 1.51%
  Investment Trusts 1.08%
  Cash and Equivalents 1.01%
  Property 0.71%
  Alternative Trading Strategies 0.01%
  Other Assets 9.38%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 45.04% - - -
 
Non-Classified 10.25% - - -
 
Non-Classified - 3.17% - -
 
Non-Classified - - 3.17% -
 
Non-Classified - - - 3.17%
 
Financials 9.15% - - -
 
Banks - 3.94% - -
 
Banks - - 3.94% -
 
Banks - - - 3.94%
 
Financial Services - 3.38% - -
 
Investment Banking & Brokerage Services - - 1.55% -
 
Asset Managers & Custodians - - - 0.93%
 
Investment Services - - - 0.47%
 
Diversified Financial Services - - - 0.16%
 
Equity Investment Instruments - - 1.08% -
 
Equity Investment Instruments - - - 1.08%
 
Finance & Credit Services - - 0.75% -
 
Mortgage Finance - - - 0.41%
 
Financial Data & Systems - - - 0.26%
 
Consumer Lending - - - 0.08%
 
Insurance - 1.82% - -
 
Non-life Insurance - - 0.99% -
 
Property & Casualty Insurance - - - 0.62%
 
Full Line Insurance - - - 0.27%
 
Reinsurance - - - 0.06%
 
Insurance Brokers - - - 0.03%
 
Life Insurance - - 0.84% -
 
Life Insurance - - - 0.84%
 
Industrials 6.71% - - -
 
Industrial Goods & Services - 6.06% - -
 
Industrial Support Services - - 1.84% -
 
Professional Business Support Services - - - 0.69%
 
Industrial Suppliers - - - 0.59%
 
Transaction Processing Services - - - 0.27%
 
Business Training & Employment Agencies - - - 0.20%
 
Security Services - - - 0.09%
 
Forms & Bulk Printing Services - - - 0.00%
 
General Industrials - - 1.31% -
 
Diversified Industrials - - - 0.86%
 
Containers & Packaging - - - 0.39%
 
Paints & Coatings - - - 0.05%
 
Glass - - - 0.01%
 
Plastics - - - 0.00%
 
Industrial Transportation - - 1.04% -
 
Marine Transportation - - - 0.32%
 
Railroads - - - 0.25%
 
Commercial Vehicle-Equipment Leasing - - - 0.17%
 
Delivery Services - - - 0.12%
 
Transportation Services - - - 0.09%
 
Commercial Vehicles & Parts - - - 0.08%
 
Trucking - - - 0.01%
 
Railroad Equipment - - - 0.00%
 
Aerospace & Defence - - 0.73% -
 
Defense - - - 0.49%
 
Aerospace - - - 0.24%
 
Electronic & Electrical Equipment - - 0.64% -
 
Electronic Equipment: Gauges & Meters - - - 0.26%
 
Electronic Equipment: Control & Filter - - - 0.18%
 
Electrical Components - - - 0.15%
 
Electronic Equipment: Pollution Control - - - 0.05%
 
Electronic Equipment: Other - - - 0.00%
 
Industrial Engineering - - 0.51% -
 
Machinery: Construction & Handling - - - 0.18%
 
Machinery: Industrial - - - 0.12%
 
Machinery: Engines - - - 0.11%
 
Machinery: Tools - - - 0.07%
 
Machinery: Agricultural - - - 0.02%
 
Machinery: Specialty - - - 0.01%
 
Construction & Materials - 0.65% - -
 
Construction & Materials - - 0.65% -
 
Cement - - - 0.26%
 
Construction - - - 0.16%
 
Building Materials: Other - - - 0.14%
 
Building: Climate Control - - - 0.04%
 
Engineering & Contracting Services - - - 0.03%
 
Building, Roofing/Wallboard & Plumbing - - - 0.02%
 
Consumer Discretionary 6.18% - - -
 
Consumer Products & Services - 1.73% - -
 
Household Goods & Home Construction - - 0.63% -
 
Home Construction - - - 0.52%
 
Household Equipment & Products - - - 0.06%
 
Household Appliance - - - 0.03%
 
Household Furnishings - - - 0.01%
 
Leisure Goods - - 0.45% -
 
Electronic Entertainment - - - 0.16%
 
Consumer Electronics - - - 0.14%
 
Toys - - - 0.06%
 
Recreational Vehicles & Boats - - - 0.04%
 
Photography - - - 0.04%
 
Recreational Products - - - 0.01%
 
Personal Goods - - 0.36% -
 
Clothing & Accessories - - - 0.15%
 
Luxury Items - - - 0.12%
 
Footwear - - - 0.07%
 
Cosmetics - - - 0.03%
 
Consumer Services - - 0.29% -
 
Vending & Catering Service - - - 0.22%
 
Consumer Services: Misc. - - - 0.06%
 
Education Services - - - 0.00%
 
Rental & Leasing Services: Consumer - - - 0.00%
 
Funeral Parlors & Cemetery - - - 0.00%
 
Printing and Copying Services - - - 0.00%
 
Retail - 1.55% - -
 
Retailers - - 1.55% -
 
Diversified Retailers - - - 0.92%
 
Home Improvement Retailers - - - 0.22%
 
Specialty Retailers - - - 0.21%
 
Apparel Retailers - - - 0.20%
 
Travel & Leisure - 1.10% - -
 
Travel & Leisure - - 1.10% -
 
Casinos & Gambling - - - 0.32%
 
Restaurants & Bars - - - 0.27%
 
Hotels & Motels - - - 0.21%
 
Airlines - - - 0.17%
 
Travel & Tourism - - - 0.13%
 
Recreational Services - - - 0.00%
 
Automobiles & Parts - 0.94% - -
 
Automobiles & Parts - - 0.94% -
 
Automobiles - - - 0.75%
 
Auto Parts - - - 0.19%
 
Tires - - - 0.00%
 
Media - 0.85% - -
 
Media - - 0.85% -
 
Media Agencies - - - 0.40%
 
Publishing - - - 0.31%
 
Radio & TV Broadcasters - - - 0.09%
 
Entertainment - - - 0.06%
 
Technology 4.96% - - -
 
Technology - 4.96% - -
 
Technology Hardware & Equipment - - 2.58% -
 
Semiconductors - - - 1.25%
 
Computer Hardware - - - 0.96%
 
Electronic Components - - - 0.25%
 
Production Technology Equipment - - - 0.10%
 
Electronic Office Equipment - - - 0.01%
 
Software & Computer Services - - 2.39% -
 
Consumer Digital Services - - - 0.93%
 
Software - - - 0.91%
 
Computer Services - - - 0.55%
 
Consumer Staples 3.87% - - -
 
Food, Beverage & Tobacco - 2.19% - -
 
Beverages - - 0.96% -
 
Distillers & Vintners - - - 0.43%
 
Soft Drinks - - - 0.37%
 
Brewers - - - 0.16%
 
Tobacco - - 0.73% -
 
Tobacco - - - 0.73%
 
Food Producers - - 0.51% -
 
Food Products - - - 0.50%
 
Farming, Fishing, Ranching & Plantations - - - 0.01%
 
Sugar - - - 0.00%
 
Fruit & Grain Processing - - - 0.00%
 
Personal Care, Drug & Grocery Stores - 1.68% - -
 
Personal Care, Drug & Grocery Stores - - 1.68% -
 
Food Retailers & Wholesalers - - - 0.72%
 
Personal Products - - - 0.68%
 
Nondurable Household Products - - - 0.20%
 
Drug Retailers - - - 0.09%
 
Health Care 3.76% - - -
 
Health Care - 3.76% - -
 
Pharmaceuticals & Biotechnology - - 2.91% -
 
Pharmaceuticals - - - 2.78%
 
Biotechnology - - - 0.13%
 
Medical Equipment & Services - - 0.64% -
 
Medical Equipment - - - 0.44%
 
Medical Supplies - - - 0.20%
 
Medical Services - - - 0.00%
 
Health Care Providers - - 0.21% -
 
Health Care Management Services - - - 0.10%
 
Health Care Facilities - - - 0.10%
 
Health Care Services - - - 0.01%
 
Health Care: Misc. - - - 0.00%
 
Basic Materials 2.56% - - -
 
Basic Resources - 1.79% - -
 
Industrial Metals & Mining - - 1.55% -
 
General Mining - - - 1.08%
 
Iron & Steel - - - 0.31%
 
Copper - - - 0.08%
 
Metal Fabricating - - - 0.06%
 
Aluminum - - - 0.01%
 
Nonferrous Metals - - - 0.00%
 
Industrial Materials - - 0.15% -
 
Paper - - - 0.14%
 
Diversified Materials - - - 0.01%
 
Forestry - - - 0.00%
 
Textile Products - - - 0.00%
 
Precious Metals & Mining - - 0.09% -
 
Gold Mining - - - 0.08%
 
Platinum & Precious Metals - - - 0.00%
 
Diamonds & Gemstones - - - 0.00%
 
Chemicals - 0.76% - -
 
Chemicals - - 0.76% -
 
Chemicals: Diversified - - - 0.51%
 
Specialty Chemicals - - - 0.18%
 
Fertilizers - - - 0.06%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Energy 1.77% - - -
 
Energy - 1.77% - -
 
Non-Renewable Energy - - 1.74% -
 
Integrated Oil & Gas - - - 1.19%
 
Oil Refining and Marketing - - - 0.23%
 
Oil: Crude Producers - - - 0.15%
 
Oil Equipment & Services - - - 0.14%
 
Pipelines - - - 0.02%
 
Coal - - - 0.01%
 
Offshore Drilling & Other Services - - - 0.00%
 
Renewable Energy - - 0.02% -
 
Renewable Energy Equipment - - - 0.02%
 
Alternative Fuels - - - 0.00%
 
Real Estate 1.61% - - -
 
Real Estate - 1.61% - -
 
Real Estate Investment Trusts - - 1.03% -
 
Diversified REITs - - - 0.24%
 
Office REITs - - - 0.20%
 
Residential REITs - - - 0.15%
 
Industrial REITs - - - 0.14%
 
Storage REITs - - - 0.09%
 
Health Care REITs - - - 0.09%
 
Other Specialty REITs - - - 0.06%
 
Retail REITs - - - 0.04%
 
Infrastructure REITs - - - 0.02%
 
Hotel & Lodging REITs - - - 0.00%
 
Real Estate Investment & Services - - 0.58% -
 
Real Estate Holding and Development - - - 0.37%
 
Real Estate Services - - - 0.22%
 
Telecommunications 1.58% - - -
 
Telecommunications - 1.58% - -
 
Telecommunications Service Providers - - 1.27% -
 
Telecommunications Services - - - 1.24%
 
Cable Television Services - - - 0.03%
 
Telecommunications Equipment - - 0.30% -
 
Telecommunications Equipment - - - 0.30%
 
Utilities 1.53% - - -
 
Utilities - 1.53% - -
 
Gas, Water & Multi-utilities - - 0.89% -
 
Multi-Utilities - - - 0.60%
 
Water - - - 0.27%
 
Gas Distribution - - - 0.02%
 
Electricity - - 0.61% -
 
Conventional Electricity - - - 0.58%
 
Alternative Electricity - - - 0.02%
 
Waste & Disposal Services - - 0.03% -
 
Waste & Disposal Services - - - 0.03%
 
Cash and Equivalents 1.01% - - -
 
Alternative Trading Strategies 0.01% - - -
 
Alternative Trading Strategies - 0.01% - -
 
Alternative Trading Strategies - - 0.01% -
 
Alternative Trading Strategies - - - 0.01%

Regional Allocation

pie chart
  UK 37.75%
  Developed Europe - Excl UK 17.67%
  North America 14.40%
  Non-Classified 11.60%
  Emerging Asia 8.06%
  Japan 2.96%
  Developed Asia 2.44%
  South & Central America 1.45%
  Cash and Equivalents 1.02%
  Other Regions 2.67%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 54.47%
  Pound Sterling 38.34%
  US Dollar 3.16%
  Euro 0.71%
  Cash 0.49%
  Rupiah 0.41%
  Other Currencies 2.42%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 37.75% -
 
United Kingdom - 37.75%
 
Jersey - 0.00%
 
Developed Europe - Excl UK 17.67% -
 
France - 4.83%
 
Netherlands - 2.67%
 
Germany - 2.61%
 
Luxembourg - 2.14%
 
Switzerland - 1.10%
 
Ireland - 0.92%
 
Sweden - 0.73%
 
Belgium - 0.65%
 
Spain - 0.50%
 
Finland - 0.41%
 
Denmark - 0.40%
 
Italy - 0.35%
 
Norway - 0.28%
 
Austria - 0.05%
 
Portugal - 0.01%
 
North America 14.40% -
 
United States - 13.21%
 
Canada - 1.19%
 
Non-Classified 11.60% -
 
Emerging Asia 8.06% -
 
India - 1.64%
 
South Korea - 1.57%
 
China - 1.42%
 
Taiwan - 0.96%
 
Indonesia - 0.84%
 
Thailand - 0.54%
 
Philippines - 0.46%
 
Malaysia - 0.40%
 
Uzbekistan - 0.05%
 
Mongolia - 0.03%
 
Viet Nam - 0.03%
 
Armenia - 0.02%
 
Kazakhstan - 0.02%
 
Azerbaijan - 0.02%
 
Pakistan - 0.01%
 
Georgia - 0.01%
 
Tajikistan - 0.01%
 
Sri Lanka - 0.01%
 
Papua New Guinea - 0.00%
 
Japan 2.96% -
 
Japan - 2.96%
 
Developed Asia 2.44% -
 
Hong Kong - 1.54%
 
Singapore - 0.90%
 
South & Central America 1.45% -
 
Mexico - 0.76%
 
Brazil - 0.24%
 
Colombia - 0.08%
 
Dominican Republic - 0.06%
 
Uruguay - 0.06%
 
Peru - 0.05%
 
Guatemala - 0.04%
 
Argentina - 0.03%
 
Chile - 0.03%
 
Paraguay - 0.03%
 
Honduras - 0.02%
 
Bolivia - 0.01%
 
Ecuador - 0.01%
 
Jamaica - 0.01%
 
Venezuela - 0.01%
 
El Salvador - 0.01%
 
Cayman Islands - 0.00%
 
Cash and Equivalents 1.02% -
 
Australia & New Zealand 0.92% -
 
Australia - 0.92%
 
Middle East & Africa 0.82% -
 
South Africa - 0.21%
 
United Arab Emirates - 0.10%
 
Israel - 0.06%
 
Qatar - 0.05%
 
Saudi Arabia - 0.04%
 
Morocco - 0.03%
 
Egypt - 0.03%
 
Nigeria - 0.03%
 
Gabon - 0.03%
 
Cote D'Ivoire - 0.03%
 
Jordan - 0.03%
 
Oman - 0.03%
 
Senegal - 0.03%
 
Benin - 0.02%
 
Iraq - 0.02%
 
Cameroon - 0.02%
 
Kenya - 0.02%
 
Rwanda - 0.02%
 
Ghana - 0.01%
 
Mozambique - 0.01%
 
Angola - 0.01%
 
Zambia - 0.01%
 
Kuwait - 0.00%
 
Property 0.66% -
 
Emerging Europe 0.27% -
 
Turkey - 0.04%
 
Greece - 0.04%
 
Serbia - 0.04%
 
Macedonia, The Former Yugoslav Republic Of - 0.02%
 
Poland - 0.02%
 
Romania - 0.02%
 
Ukraine - 0.02%
 
Hungary - 0.02%
 
Bosnia and Herzegowina - 0.01%
 
Albania - 0.01%
 
Russian Federation - 0.01%
 
Czech Republic - 0.01%

Breakdown By Market Cap (%)

Mega
 
 
22.06%
Large
 
 
10.72%
Medium
 
 
8.69%
Small
 
 
1.20%
Micro
 
 
0.09%
Non-Classified
 
 
11.19%
Bonds
 
 
45.04%
Cash
 
 
1.01%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
13.46%
5Yr - 10Yr Maturity
 
 
17.43%
10Yr - 15Yr Maturity
 
 
5.16%
> 15Yr Maturity
 
 
8.99%
Cash And Equivalents
 
 
1.01%
Unknown Maturity
 
 
6.47%
Other Asset Types
 
 
47.48%

Fixed Interest Quality Profile

AAA
 
 
6.74%
AA
 
 
5.80%
A
 
 
10.27%
BBB
 
 
14.01%
Sub-Investment Grade
 
 
0.74%
Unknown Quality
 
 
7.48%
Cash and Equivalents
 
 
1.01%
Other Asset Types
 
 
53.95%

Top 10 Fund Holdings

Name % Weight Sector Country
1 M&G (1) Sterling Investment Grade Corporate Bond Class Z2A GBP 43.93% Managed Funds Managed Funds
2 M&G (ACS) UK All Share Index Fund Z1B Acc 8.70% Managed Funds Managed Funds
3 M&G (ACS) UK 200 Index Fund Z1B Acc 8.64% Managed Funds Managed Funds
4 M&G (ACS) Blackrock US Equity Z1B 6.06% Managed Funds Managed Funds
5 M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A 6.04% Managed Funds Managed Funds
6 M&G (ACS) UK Listed Equity Fund Z1B Acc 4.64% Managed Funds Managed Funds
7 M&G (LUX) FCP Europe ex UK Equity Fund Z1B Acc 4.30% Managed Funds Managed Funds
8 M&G (ACS) Japan Equity Fund Z1B Acc 2.82% Managed Funds Managed Funds
9 M&G Emerging Markets Bond Class PP GBP 2.61% Managed Funds Managed Funds
10 Eastspring Asian Local Bond Class E 2.07% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 ASTRAZENECA 1.01% Pharmaceuticals & Biotechnology United Kingdom
2 HSBC HOLDINGS 0.67% Banks United Kingdom
3 GLAXOSMITHKLINE 0.61% Non-Classified United Kingdom
4 4¼% Treasury Stock 2032 0.61% Bonds United Kingdom
5 SHELL 0.61% Non-Renewable Energy Non-Classified
6 3¼% Treasury Gilt 2044 0.57% Bonds United Kingdom
7 BP 0.57% Non-Renewable Energy United Kingdom
8 INT BK REC 1% 21/12/2029 0.54% Bonds United States
9 BRITISH AMERICAN TOBACCO 0.53% Tobacco United Kingdom
10 UNILEVER 0.52% Personal Care, Drug & Grocery Stores United Kingdom

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 0558929
Mex Code MGBI
Isin Code GB0005589295
Citi Code MA87

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.04%
Yearly Total 1.04%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to provide a combination of income and capital growth by investing in a mixed portfolio of mainly UK and overseas equities, sterling Denominated Corporate Bonds and Gilts. The fund is an actively managed fund of funds, investing in collective investment schemes. The fund may also hold cash deposits depending on the investment conditions.
Benchmark Composite
ABI Sector Distribution Funds

Ratings

FE Crown Crown Rating of 3

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 0.81
Beta 1.00
Sharpe 0.00
Standard Deviation 9.46
Info Ratio 0.37

Risk Factors

Risk Factor Yes / No
Charges to Capital Yes
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
High Yield Bonds Yes
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 No
Solvency of Depository Yes
Solvency of Bond Issuers Yes
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Charges to Capital

Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).

High Yield Bonds

The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.

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.

Solvency of Depository

The value of a cash or currency fund may be affected if any of the institutions with which cash is deposited becomes insolvent or experiences other financial difficulties.

Solvency of Bond Issuers

If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.

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 for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.