Dimensional World Equity GBP Accumulation Shares Acc

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

Performance

Discrete performance - to last month end

30/06/20
to
30/06/21		 30/06/21
to
30/06/22		 30/06/22
to
30/06/23		 30/06/23
to
30/06/24		 30/06/24
to
30/06/25
Fund 31.0% -2.5% 9.0% 15.6% 5.2%
Sector 23.6% -7.4% 10.2% 14.4% 5.3%
Rank 68/361 136/393 237/411 187/429 209/444
Quartile 1 2 3 2 2

Annualised performance

Annualised
3 Years to
30/06/25		 5 Years to
30/06/25		 10 Years to
30/06/25
Fund 9.9% 11.1% 9.8%
Sector 9.9% 8.7% 9.0%
Rank 185/395 95/348 91/218
Quartile 2 2 2

Top 10 Holdings

Stock % Weight
AMAZON.COM 2.13
MICROSOFT CORPORATION 2.09
NVIDIA CORPORATION 2.04
APPLE 1.55
META PLATFORMS 1.03
JPMORGAN CHASE & CO 0.51
VISA 0.44
WALMART 0.43
PROCTER & GAMBLE COMPANY(THE) 0.42
ALPHABET 0.41
Total 11.05

Fund Aims

The investment objective of the World Equity Fund is to achieve long-term total return.

Fund Manager

Team Managed manager for 13 years and 10 months

Photo of Team Managed Dimensional is a leading global investment firm that has been translating academic research into practical investment solutions since 1981. Guided by a strong belief in markets, Dimensional builds investment solutions that focus on the drivers of expected returns. The firm applies a dynamic process that integrates advanced research, methodical portfolio design, and careful implementation, while balancing risks, costs, and other tradeoffs that may impact performance. This transparent approach is applied consistently across a full suite of global and regional equity and fixed income strategies to help meet the diverse needs of investors worldwide.

Fund Overview

Mid (16/07/2025) £41.37
Historic yield -
Fund size (31/05/2025) £3745.93m
Number of holdings 14269
Entry Charge 0.00%
Ongoing Charges 0.35%
Launch date 09/09/2011

Asset Allocation

pie chart
  International Equities 94.10%
  UK Equities 3.37%
  Property 1.25%
  Cash and Equivalents 0.44%
  Alternative Trading Strategies 0.36%
  International Bonds 0.15%
  UK Corporate Bonds 0.11%
  Investment Trusts 0.00%
  Other Assets 0.22%
Portfolio data accurate as at: 31/05/25

Important Information

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 ongoing charges, but take no account of product charges. Ongoing charges 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 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. 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 report or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 94.10%
  UK Equities 3.37%
  Property 1.25%
  Cash and Equivalents 0.44%
  Alternative Trading Strategies 0.36%
  International Bonds 0.15%
  UK Corporate Bonds 0.11%
  Investment Trusts 0.00%
  Other Assets 0.22%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Technology 17.23% - - -
 
 Technology - 17.23% - -
 
 Software & Computer Services - - 8.65% -
 
 Software - - - 4.47%
 
 Consumer Digital Services - - - 2.73%
 
 Computer Services - - - 1.46%
 
 Technology Hardware & Equipment - - 8.58% -
 
 Semiconductors - - - 4.51%
 
 Computer Hardware - - - 2.24%
 
 Electronic Components - - - 0.89%
 
 Production Technology Equipment - - - 0.88%
 
 Electronic Office Equipment - - - 0.05%
 
 Industrials 17.20% - - -
 
 Industrial Goods & Services - 14.09% - -
 
 Industrial Support Services - - 3.73% -
 
 Transaction Processing Services - - - 1.74%
 
 Professional Business Support Services - - - 1.14%
 
 Industrial Suppliers - - - 0.53%
 
 Business Training & Employment Agencies - - - 0.19%
 
 Security Services - - - 0.12%
 
 Forms & Bulk Printing Services - - - 0.02%
 
 Industrial Transportation - - 2.77% -
 
 Railroads - - - 0.46%
 
 Transportation Services - - - 0.44%
 
 Delivery Services - - - 0.43%
 
 Marine Transportation - - - 0.34%
 
 Commercial Vehicle-Equipment Leasing - - - 0.34%
 
 Commercial Vehicles & Parts - - - 0.34%
 
 Trucking - - - 0.29%
 
 Railroad Equipment - - - 0.13%
 
 General Industrials - - 2.21% -
 
 Diversified Industrials - - - 1.25%
 
 Containers & Packaging - - - 0.55%
 
 Paints & Coatings - - - 0.27%
 
 Plastics - - - 0.10%
 
 Glass - - - 0.05%
 
 Electronic & Electrical Equipment - - 2.13% -
 
 Electrical Components - - - 0.77%
 
 Electronic Equipment: Control & Filter - - - 0.59%
 
 Electronic Equipment: Gauges & Meters - - - 0.44%
 
 Electronic Equipment: Pollution Control - - - 0.17%
 
 Electronic Equipment: Other - - - 0.16%
 
 Industrial Engineering - - 1.97% -
 
 Machinery: Industrial - - - 0.72%
 
 Machinery: Construction & Handling - - - 0.43%
 
 Machinery: Agricultural - - - 0.35%
 
 Machinery: Tools - - - 0.20%
 
 Machinery: Engines - - - 0.16%
 
 Machinery: Specialty - - - 0.11%
 
 Aerospace & Defence - - 1.27% -
 
 Aerospace - - - 0.72%
 
 Defense - - - 0.55%
 
 Construction & Materials - 3.11% - -
 
 Construction & Materials - - 3.11% -
 
 Building Materials: Other - - - 0.82%
 
 Engineering & Contracting Services - - - 0.65%
 
 Construction - - - 0.64%
 
 Building: Climate Control - - - 0.43%
 
 Cement - - - 0.40%
 
 Building, Roofing/Wallboard & Plumbing - - - 0.18%
 
 Financials 15.91% - - -
 
 Banks - 7.11% - -
 
 Banks - - 7.11% -
 
 Banks - - - 7.11%
 
 Financial Services - 4.42% - -
 
 Investment Banking & Brokerage Services - - 3.51% -
 
 Investment Services - - - 1.66%
 
 Asset Managers & Custodians - - - 1.17%
 
 Diversified Financial Services - - - 0.68%
 
 Finance & Credit Services - - 0.90% -
 
 Consumer Lending - - - 0.46%
 
 Financial Data & Systems - - - 0.26%
 
 Mortgage Finance - - - 0.17%
 
 Nonequity Investment Instruments - - 0.01% -
 
 Nonequity Investment Instruments - - - 0.01%
 
 Equity Investment Instruments - - 0.00% -
 
 Equity Investment Instruments - - - 0.00%
 
 Insurance - 4.39% - -
 
 Non-life Insurance - - 3.19% -
 
 Property & Casualty Insurance - - - 1.66%
 
 Full Line Insurance - - - 0.69%
 
 Insurance Brokers - - - 0.49%
 
 Reinsurance - - - 0.35%
 
 Life Insurance - - 1.20% -
 
 Life Insurance - - - 1.20%
 
 Consumer Discretionary 14.93% - - -
 
 Retail - 5.55% - -
 
 Retailers - - 5.55% -
 
 Diversified Retailers - - - 3.65%
 
 Specialty Retailers - - - 0.95%
 
 Apparel Retailers - - - 0.58%
 
 Home Improvement Retailers - - - 0.37%
 
 Consumer Products & Services - 3.58% - -
 
 Personal Goods - - 1.15% -
 
 Clothing & Accessories - - - 0.57%
 
 Footwear - - - 0.32%
 
 Luxury Items - - - 0.15%
 
 Cosmetics - - - 0.11%
 
 Leisure Goods - - 0.90% -
 
 Electronic Entertainment - - - 0.29%
 
 Consumer Electronics - - - 0.27%
 
 Recreational Vehicles & Boats - - - 0.12%
 
 Recreational Products - - - 0.11%
 
 Toys - - - 0.08%
 
 Photography - - - 0.02%
 
 Household Goods & Home Construction - - 0.86% -
 
 Home Construction - - - 0.55%
 
 Household Appliance - - - 0.14%
 
 Household Furnishings - - - 0.09%
 
 Household Equipment & Products - - - 0.08%
 
 Consumer Services - - 0.68% -
 
 Consumer Services: Misc. - - - 0.32%
 
 Education Services - - - 0.17%
 
 Rental & Leasing Services: Consumer - - - 0.10%
 
 Funeral Parlors & Cemetery - - - 0.04%
 
 Vending & Catering Service - - - 0.04%
 
 Storage Facilities - - - 0.00%
 
 Travel & Leisure - 2.48% - -
 
 Travel & Leisure - - 2.48% -
 
 Restaurants & Bars - - - 0.72%
 
 Travel & Tourism - - - 0.48%
 
 Airlines - - - 0.44%
 
 Casinos & Gambling - - - 0.35%
 
 Hotels & Motels - - - 0.32%
 
 Recreational Services - - - 0.18%
 
 Automobiles & Parts - 2.00% - -
 
 Automobiles & Parts - - 2.00% -
 
 Automobiles - - - 1.11%
 
 Auto Parts - - - 0.67%
 
 Tires - - - 0.18%
 
 Auto Services - - - 0.04%
 
 Media - 1.31% - -
 
 Media - - 1.31% -
 
 Entertainment - - - 0.61%
 
 Radio & TV Broadcasters - - - 0.34%
 
 Media Agencies - - - 0.23%
 
 Publishing - - - 0.13%
 
 Health Care 8.69% - - -
 
 Health Care - 8.69% - -
 
 Pharmaceuticals & Biotechnology - - 4.93% -
 
 Pharmaceuticals - - - 3.99%
 
 Biotechnology - - - 0.94%
 
 Cannabis Producers - - - 0.00%
 
 Medical Equipment & Services - - 2.40% -
 
 Medical Equipment - - - 1.67%
 
 Medical Supplies - - - 0.53%
 
 Medical Services - - - 0.21%
 
 Health Care Providers - - 1.36% -
 
 Health Care Management Services - - - 0.63%
 
 Health Care Facilities - - - 0.39%
 
 Health Care Services - - - 0.33%
 
 Health Care: Misc. - - - 0.01%
 
 Consumer Staples 5.69% - - -
 
 Food, Beverage & Tobacco - 3.32% - -
 
 Food Producers - - 1.94% -
 
 Food Products - - - 1.59%
 
 Farming, Fishing, Ranching & Plantations - - - 0.19%
 
 Fruit & Grain Processing - - - 0.15%
 
 Sugar - - - 0.02%
 
 Beverages - - 1.04% -
 
 Soft Drinks - - - 0.62%
 
 Brewers - - - 0.30%
 
 Distillers & Vintners - - - 0.12%
 
 Tobacco - - 0.34% -
 
 Tobacco - - - 0.34%
 
 Personal Care, Drug & Grocery Stores - 2.37% - -
 
 Personal Care, Drug & Grocery Stores - - 2.37% -
 
 Food Retailers & Wholesalers - - - 0.99%
 
 Personal Products - - - 0.80%
 
 Drug Retailers - - - 0.38%
 
 Nondurable Household Products - - - 0.19%
 
 Miscellaneous Consumer Staple Goods - - - 0.01%
 
 Energy 5.31% - - -
 
 Energy - 5.31% - -
 
 Non-Renewable Energy - - 5.04% -
 
 Integrated Oil & Gas - - - 1.54%
 
 Oil: Crude Producers - - - 1.47%
 
 Pipelines - - - 0.62%
 
 Oil Refining and Marketing - - - 0.59%
 
 Oil Equipment & Services - - - 0.57%
 
 Coal - - - 0.16%
 
 Offshore Drilling & Other Services - - - 0.09%
 
 Renewable Energy - - 0.27% -
 
 Renewable Energy Equipment - - - 0.24%
 
 Alternative Fuels - - - 0.03%
 
 Basic Materials 4.81% - - -
 
 Basic Resources - 3.04% - -
 
 Industrial Metals & Mining - - 1.78% -
 
 Iron & Steel - - - 0.66%
 
 General Mining - - - 0.52%
 
 Metal Fabricating - - - 0.20%
 
 Copper - - - 0.16%
 
 Nonferrous Metals - - - 0.13%
 
 Aluminum - - - 0.11%
 
 Precious Metals & Mining - - 0.85% -
 
 Gold Mining - - - 0.76%
 
 Platinum & Precious Metals - - - 0.09%
 
 Diamonds & Gemstones - - - 0.00%
 
 Industrial Materials - - 0.41% -
 
 Paper - - - 0.21%
 
 Diversified Materials - - - 0.11%
 
 Forestry - - - 0.06%
 
 Textile Products - - - 0.04%
 
 Chemicals - 1.77% - -
 
 Chemicals - - 1.77% -
 
 Chemicals: Diversified - - - 0.90%
 
 Specialty Chemicals - - - 0.57%
 
 Fertilizers - - - 0.25%
 
 Chemicals & Synthetic Fibers - - - 0.04%
 
 Utilities 3.07% - - -
 
 Utilities - 3.07% - -
 
 Electricity - - 1.80% -
 
 Conventional Electricity - - - 1.60%
 
 Alternative Electricity - - - 0.20%
 
 Gas, Water & Multi-utilities - - 0.95% -
 
 Multi-Utilities - - - 0.51%
 
 Gas Distribution - - - 0.29%
 
 Water - - - 0.16%
 
 Waste & Disposal Services - - 0.32% -
 
 Waste & Disposal Services - - - 0.32%
 
 Telecommunications 2.87% - - -
 
 Telecommunications - 2.87% - -
 
 Telecommunications Service Providers - - 2.08% -
 
 Telecommunications Services - - - 1.70%
 
 Cable Television Services - - - 0.38%
 
 Telecommunications Equipment - - 0.79% -
 
 Telecommunications Equipment - - - 0.79%
 
 Real Estate 2.85% - - -
 
 Real Estate - 2.85% - -
 
 Real Estate Investment Trusts - - 1.73% -
 
 Retail REITs - - - 0.29%
 
 Other Specialty REITs - - - 0.25%
 
 Residential REITs - - - 0.23%
 
 Industrial REITs - - - 0.22%
 
 Health Care REITs - - - 0.21%
 
 Infrastructure REITs - - - 0.17%
 
 Diversified REITs - - - 0.11%
 
 Office REITs - - - 0.10%
 
 Hotel & Lodging REITs - - - 0.07%
 
 Storage REITs - - - 0.07%
 
 Real Estate Investment & Services - - 1.13% -
 
 Real Estate Holding and Development - - - 0.79%
 
 Real Estate Services - - - 0.34%
 
 Cash and Equivalents 0.44% - - -
 
 Non-Classified 0.37% - - -
 
 Non-Classified - 0.14% - -
 
 Non-Classified - - 0.14% -
 
 Non-Classified - - - 0.14%
 
 Alternative Trading Strategies 0.36% - - -
 
 Alternative Trading Strategies - 0.36% - -
 
 Alternative Trading Strategies - - 0.36% -
 
 Alternative Trading Strategies - - - 0.36%
 
 Bonds 0.26% - - -

Regional Allocation

pie chart
  North America 60.78%
  Developed Europe - Excl UK 13.61%
  Emerging Asia 8.81%
  Japan 5.65%
  UK 3.49%
  Australia & New Zealand 1.72%
  Middle East & Africa 1.45%
  Property 1.14%
  Developed Asia 1.09%
  Other Regions 2.26%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.74%
  Pound Sterling 0.11%
  Euro 0.07%
  Swiss Franc 0.03%
  US Dollar 0.03%
  Swedish Krona 0.02%

Regional Breakdown

Expand allCollapse all
Region Country
 
 North America 60.78% -
 
 United States - 57.70%
 
 Canada - 3.08%
 
 Developed Europe - Excl UK 13.61% -
 
 Germany - 2.31%
 
 Switzerland - 2.30%
 
 France - 1.82%
 
 Ireland - 1.53%
 
 Netherlands - 1.25%
 
 Italy - 0.89%
 
 Sweden - 0.79%
 
 Spain - 0.69%
 
 Denmark - 0.66%
 
 Finland - 0.44%
 
 Belgium - 0.30%
 
 Norway - 0.21%
 
 Austria - 0.17%
 
 Luxembourg - 0.17%
 
 Portugal - 0.08%
 
 Liechtenstein - 0.01%
 
 Faroe Islands - 0.00%
 
 Monaco - 0.00%
 
 Emerging Asia 8.81% -
 
 China - 2.57%
 
 India - 2.23%
 
 Taiwan - 2.18%
 
 South Korea - 1.22%
 
 Indonesia - 0.20%
 
 Malaysia - 0.18%
 
 Thailand - 0.16%
 
 Philippines - 0.07%
 
 Japan 5.65% -
 
 Japan - 5.65%
 
 UK 3.49% -
 
 United Kingdom - 3.49%
 
 Australia & New Zealand 1.72% -
 
 Australia - 1.60%
 
 New Zealand - 0.09%
 
 New Caledonia - 0.04%
 
 Middle East & Africa 1.45% -
 
 Saudi Arabia - 0.43%
 
 South Africa - 0.38%
 
 Israel - 0.25%
 
 United Arab Emirates - 0.21%
 
 Qatar - 0.10%
 
 Kuwait - 0.08%
 
 Egypt - 0.00%
 
 Property 1.14% -
 
 Developed Asia 1.09% -
 
 Hong Kong - 0.75%
 
 Singapore - 0.34%
 
 South & Central America 0.87% -
 
 Brazil - 0.50%
 
 Mexico - 0.24%
 
 Chile - 0.07%
 
 Puerto Rico - 0.05%
 
 Colombia - 0.02%
 
 Cayman Islands - 0.00%
 
 Peru - 0.00%
 
 Cash and Equivalents 0.44% -
 
 Non-Classified 0.57% -
 
 Emerging Europe 0.37% -
 
 Poland - 0.15%
 
 Turkey - 0.12%
 
 Greece - 0.06%
 
 Hungary - 0.02%
 
 Czech Republic - 0.02%
 
 Russian Federation - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
39.73%
Large
 
 
23.60%
Medium
 
 
19.33%
Small
 
 
5.60%
Micro
 
 
1.55%
Non-Classified
 
 
9.49%
Bonds
 
 
0.26%
Cash
 
 
0.44%

Top 10 Holdings

Stock % Weight Sector Country
1 AMAZON.COM 2.13% Retailers United States
2 MICROSOFT CORPORATION 2.09% Software & Computer Services United States
3 NVIDIA CORPORATION 2.04% Technology Hardware & Equipment United States
4 APPLE 1.55% Technology Hardware & Equipment United States
5 META PLATFORMS 1.03% Software & Computer Services United States
6 JPMORGAN CHASE & CO 0.51% Banks United States
7 VISA 0.44% Industrial Support Services United States
8 WALMART 0.43% Retailers United States
9 PROCTER & GAMBLE COMPANY(THE) 0.42% Personal Care, Drug & Grocery Stores United States
10 ALPHABET 0.41% Software & Computer Services United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.12% 17.10% - - - - - - 17.23%
Telecommunications 0.08% 2.79% - 0.07% - - - - 2.95%
Financials 0.73% 15.18% - 0.04% - - 0.01% - 15.96%
Real Estate 0.05% 1.55% - - - 1.25% - - 2.86%
Consumer Discretionary 0.41% 14.52% - 0.03% - - - - 14.96%
Consumer Staples 0.43% 5.27% - - - - - - 5.69%
Energy 0.40% 4.91% - - - - 0.01% - 5.32%
Utilities 0.12% 2.95% - - - - - - 3.07%
Health Care 0.30% 8.39% - - - - 0.01% - 8.70%
Industrials 0.48% 16.72% - - - - 0.05% - 17.24%
Basic Materials 0.22% 4.59% - - - - - - 4.81%
Cash and Equivalents - - - - - - - 0.44% 0.44%
Bonds - - 0.11% - - - - - 0.11%
Non-Classified 0.02% 0.13% - - - - 0.50% - 0.65%

Important Information

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 B3Z8MM5
Mex Code -
Isin Code IE00B3Z8MM50
Citi Code 09VR

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.35%

Aims and Benchmark

Aims The investment objective of the World Equity Fund is to achieve long-term total return.
Benchmark The Comparative Index is the MSCI World All Country Index
Benchmark Category -
IA Sector Unclassified

Fund Background

Valuation frequency Daily
Valuation point 21:00
Fund type OEIC
Launch price £10.00
Fund currency Pound Sterling
Fund domicile Ireland
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type No income
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
30 May 06 June
28 November 05 December

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository State Street Custodial Services (Ireland)
Fund Administrator State Street Custodial Services (Ireland) Ltd.
Fund Registrar State Street Custodial Services (Ireland)
Fund Custodian State Street Custodial Services (Ireland)

Group Details

Group name Dimensional Fund Advisors Ltd
Group address 20 Triton St, London NW1 3BF London W1J 7AJ
Group telephone 020 3033 3300
Dealing telephone -
Email EMEA_CRG@dimensional.com
Homepage https://eu.dimensional.com
Fax number -

Dealing

Minimum Investment -
Minimum Top Up -
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges 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 -1.02
Beta 0.92
Sharpe 0.54
Standard Deviation 11.82
Info Ratio -0.42

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets Yes
Concentrated Portfolio No
Smaller Companies Yes
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate Yes
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore Yes
Income Eroding Capital Growth No
Umbrella Liabilities No
New Fund No
Solvency of Depository Yes
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

Emerging Markets

The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.

Smaller Companies

The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.

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.

Exchange Rate

This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

Offshore

The fund is not UK domiciled, and investors are not normally entitled to compensation through the UK Financial Services Compensation Scheme.

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.

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

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. 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 report or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. 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 may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges 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. 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 report 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.