Prudential Overseas Equity Index S3
Performance
Discrete performance - to latest available quarter end
| 30/09/19 to 30/09/20 |
30/09/20 to 30/09/21 |
30/09/21 to 30/09/22 |
30/09/22 to 30/09/23 |
30/09/23 to 30/09/24 |
|
|---|---|---|---|---|---|
| Fund | 1.4% | 23.0% | -8.2% | 10.9% | 16.6% |
| Benchmark | 4.2% | 21.5% | -8.7% | 11.3% | 17.6% |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 3 2024 |
3 Years to 30/09/24 |
5 Years to 30/09/24 |
10 Years to 30/09/24 |
|
| Fund | 0.9% | 5.9% | 8.2% | 9.9% |
| Benchmark | 1.1% | 6.1% | 8.6% | 10.3% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.24 |
| SAMSUNG ELECTRONICS CO. LTD | 1.82 |
| APPLE | 0.99 |
| NOVO NORDISK A/S | 0.92 |
| ASML HOLDING N.V. | 0.89 |
| COMMONWEALTH BANK OF AUSTRALIA | 0.88 |
| MICROSOFT CORPORATION | 0.87 |
| NESTLE S.A. | 0.79 |
| NOVARTIS AG | 0.76 |
| NVIDIA CORPORATION | 0.74 |
| Total | 11.89 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G PP Overseas Equity Index Fund - the underlying fund.
Underlying Fund Objective: The fund invests, primarily via other M&G funds, in the shares of overseas companies against a benchmark mix, with fixed proportions. The funds follow a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as their Indices in order to meet their investment objectives; in addition, the Sub-Investment Manager aims to reflect a fundamental ESG approach by overweighting its investments in securities which score well against the Investment Manager’s ESG research framework and underweighting the securities which score less well.
Performance Objective: To provide a return that is in line with that of the benchmark.
Fund Manager
With access to investment professionals around the world, 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 (03/10/2024) | 631.40 |
| Fund size (31/08/2024) | £16.60m |
| Underlying Fund size | £16.71m |
| Number of holdings | 1755 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 30/04/2002 |
Asset Allocation
| International Equities | 86.45% | |
| Cash and Equivalents | 10.03% | |
| Property | 1.08% | |
| International Bonds | 0.15% | |
| UK Equities | 0.06% | |
| Other Assets | 2.23% |
Commentary
No commentary available
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.
Asset Allocation
| International Equities | 86.45% | |
| Cash and Equivalents | 10.03% | |
| Property | 1.08% | |
| International Bonds | 0.15% | |
| UK Equities | 0.06% | |
| Other Assets | 2.23% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 17.82% | - | - | - | |
| Technology | - | 17.82% | - | - | |
| Technology Hardware & Equipment | - | - | 12.28% | - | |
| Semiconductors | - | - | - | 7.12% | |
| Production Technology Equipment | - | - | - | 1.85% | |
| Computer Hardware | - | - | - | 1.81% | |
| Electronic Components | - | - | - | 1.20% | |
| Electronic Office Equipment | - | - | - | 0.30% | |
| Software & Computer Services | - | - | 5.54% | - | |
| Consumer Digital Services | - | - | - | 2.42% | |
| Software | - | - | - | 2.09% | |
| Computer Services | - | - | - | 1.02% | |
| Financials | 17.79% | - | - | - | |
| Banks | - | 10.01% | - | - | |
| Banks | - | - | 10.01% | - | |
| Banks | - | - | - | 10.01% | |
| Insurance | - | 4.19% | - | - | |
| Non-life Insurance | - | - | 2.58% | - | |
| Full Line Insurance | - | - | - | 1.11% | |
| Property & Casualty Insurance | - | - | - | 0.90% | |
| Reinsurance | - | - | - | 0.35% | |
| Insurance Brokers | - | - | - | 0.23% | |
| Life Insurance | - | - | 1.60% | - | |
| Life Insurance | - | - | - | 1.60% | |
| Financial Services | - | 3.60% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.05% | - | |
| Investment Services | - | - | - | 1.44% | |
| Asset Managers & Custodians | - | - | - | 0.88% | |
| Diversified Financial Services | - | - | - | 0.73% | |
| Finance & Credit Services | - | - | 0.55% | - | |
| Financial Data & Systems | - | - | - | 0.45% | |
| Consumer Lending | - | - | - | 0.09% | |
| Mortgage Finance | - | - | - | 0.00% | |
| Industrials | 12.15% | - | - | - | |
| Industrial Goods & Services | - | 10.32% | - | - | |
| Electronic & Electrical Equipment | - | - | 2.22% | - | |
| Electrical Components | - | - | - | 1.78% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.20% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.18% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.04% | |
| Electronic Equipment: Other | - | - | - | 0.03% | |
| General Industrials | - | - | 2.09% | - | |
| Diversified Industrials | - | - | - | 1.65% | |
| Containers & Packaging | - | - | - | 0.22% | |
| Plastics | - | - | - | 0.11% | |
| Paints & Coatings | - | - | - | 0.10% | |
| Glass | - | - | - | 0.01% | |
| Industrial Engineering | - | - | 1.86% | - | |
| Machinery: Construction & Handling | - | - | - | 0.62% | |
| Machinery: Engines | - | - | - | 0.39% | |
| Machinery: Tools | - | - | - | 0.38% | |
| Machinery: Industrial | - | - | - | 0.32% | |
| Machinery: Agricultural | - | - | - | 0.15% | |
| Industrial Support Services | - | - | 1.78% | - | |
| Transaction Processing Services | - | - | - | 0.62% | |
| Professional Business Support Services | - | - | - | 0.51% | |
| Industrial Suppliers | - | - | - | 0.27% | |
| Business Training & Employment Agencies | - | - | - | 0.22% | |
| Forms & Bulk Printing Services | - | - | - | 0.11% | |
| Security Services | - | - | - | 0.05% | |
| Industrial Transportation | - | - | 1.71% | - | |
| Marine Transportation | - | - | - | 0.74% | |
| Transportation Services | - | - | - | 0.41% | |
| Railroads | - | - | - | 0.34% | |
| Delivery Services | - | - | - | 0.17% | |
| Trucking | - | - | - | 0.03% | |
| Commercial Vehicles & Parts | - | - | - | 0.01% | |
| Railroad Equipment | - | - | - | 0.00% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.00% | |
| Aerospace & Defence | - | - | 0.66% | - | |
| Aerospace | - | - | - | 0.54% | |
| Defense | - | - | - | 0.12% | |
| Construction & Materials | - | 1.84% | - | - | |
| Construction & Materials | - | - | 1.84% | - | |
| Construction | - | - | - | 0.70% | |
| Building Materials: Other | - | - | - | 0.45% | |
| Cement | - | - | - | 0.32% | |
| Building: Climate Control | - | - | - | 0.29% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.07% | |
| Engineering & Contracting Services | - | - | - | 0.02% | |
| Consumer Discretionary | 10.20% | - | - | - | |
| Consumer Products & Services | - | 2.90% | - | - | |
| Personal Goods | - | - | 1.68% | - | |
| Clothing & Accessories | - | - | - | 0.81% | |
| Cosmetics | - | - | - | 0.40% | |
| Luxury Items | - | - | - | 0.28% | |
| Footwear | - | - | - | 0.20% | |
| Leisure Goods | - | - | 0.65% | - | |
| Consumer Electronics | - | - | - | 0.45% | |
| Electronic Entertainment | - | - | - | 0.15% | |
| Toys | - | - | - | 0.04% | |
| Recreational Vehicles & Boats | - | - | - | 0.02% | |
| Household Goods & Home Construction | - | - | 0.47% | - | |
| Household Appliance | - | - | - | 0.24% | |
| Home Construction | - | - | - | 0.23% | |
| Consumer Services | - | - | 0.09% | - | |
| Consumer Services: Misc. | - | - | - | 0.08% | |
| Education Services | - | - | - | 0.00% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Retail | - | 2.89% | - | - | |
| Retailers | - | - | 2.89% | - | |
| Diversified Retailers | - | - | - | 1.62% | |
| Apparel Retailers | - | - | - | 0.93% | |
| Specialty Retailers | - | - | - | 0.33% | |
| Home Improvement Retailers | - | - | - | 0.01% | |
| Automobiles & Parts | - | 2.72% | - | - | |
| Automobiles & Parts | - | - | 2.72% | - | |
| Automobiles | - | - | - | 2.32% | |
| Auto Parts | - | - | - | 0.36% | |
| Tires | - | - | - | 0.04% | |
| Travel & Leisure | - | 1.06% | - | - | |
| Travel & Leisure | - | - | 1.06% | - | |
| Restaurants & Bars | - | - | - | 0.47% | |
| Airlines | - | - | - | 0.24% | |
| Hotels & Motels | - | - | - | 0.16% | |
| Recreational Services | - | - | - | 0.11% | |
| Travel & Tourism | - | - | - | 0.08% | |
| Media | - | 0.64% | - | - | |
| Media | - | - | 0.64% | - | |
| Media Agencies | - | - | - | 0.32% | |
| Publishing | - | - | - | 0.20% | |
| Entertainment | - | - | - | 0.09% | |
| Radio & TV Broadcasters | - | - | - | 0.03% | |
| Cash and Equivalents | 10.03% | - | - | - | |
| Health Care | 8.30% | - | - | - | |
| Health Care | - | 8.30% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 5.70% | - | |
| Pharmaceuticals | - | - | - | 5.19% | |
| Biotechnology | - | - | - | 0.51% | |
| Medical Equipment & Services | - | - | 1.98% | - | |
| Medical Equipment | - | - | - | 1.44% | |
| Medical Supplies | - | - | - | 0.49% | |
| Medical Services | - | - | - | 0.04% | |
| Health Care Providers | - | - | 0.62% | - | |
| Health Care Management Services | - | - | - | 0.48% | |
| Health Care Facilities | - | - | - | 0.14% | |
| Health Care Services | - | - | - | 0.00% | |
| Telecommunications | 4.53% | - | - | - | |
| Telecommunications | - | 4.53% | - | - | |
| Telecommunications Equipment | - | - | 2.40% | - | |
| Telecommunications Equipment | - | - | - | 2.40% | |
| Telecommunications Service Providers | - | - | 2.13% | - | |
| Telecommunications Services | - | - | - | 2.09% | |
| Cable Television Services | - | - | - | 0.04% | |
| Consumer Staples | 4.28% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.85% | - | - | |
| Food Producers | - | - | 1.90% | - | |
| Food Products | - | - | - | 1.77% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.09% | |
| Fruit & Grain Processing | - | - | - | 0.04% | |
| Beverages | - | - | 0.95% | - | |
| Soft Drinks | - | - | - | 0.49% | |
| Brewers | - | - | - | 0.39% | |
| Distillers & Vintners | - | - | - | 0.07% | |
| Personal Care, Drug & Grocery Stores | - | 1.43% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.43% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.81% | |
| Personal Products | - | - | - | 0.48% | |
| Drug Retailers | - | - | - | 0.14% | |
| Nondurable Household Products | - | - | - | 0.01% | |
| Basic Materials | 3.77% | - | - | - | |
| Basic Resources | - | 2.26% | - | - | |
| Industrial Metals & Mining | - | - | 1.72% | - | |
| General Mining | - | - | - | 1.01% | |
| Iron & Steel | - | - | - | 0.42% | |
| Aluminum | - | - | - | 0.15% | |
| Nonferrous Metals | - | - | - | 0.07% | |
| Copper | - | - | - | 0.06% | |
| Metal Fabricating | - | - | - | 0.00% | |
| Precious Metals & Mining | - | - | 0.36% | - | |
| Gold Mining | - | - | - | 0.34% | |
| Platinum & Precious Metals | - | - | - | 0.01% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.19% | - | |
| Paper | - | - | - | 0.14% | |
| Diversified Materials | - | - | - | 0.05% | |
| Chemicals | - | 1.51% | - | - | |
| Chemicals | - | - | 1.51% | - | |
| Chemicals: Diversified | - | - | - | 0.84% | |
| Specialty Chemicals | - | - | - | 0.49% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.10% | |
| Fertilizers | - | - | - | 0.08% | |
| Energy | 3.30% | - | - | - | |
| Energy | - | 3.30% | - | - | |
| Non-Renewable Energy | - | - | 3.27% | - | |
| Integrated Oil & Gas | - | - | - | 1.37% | |
| Oil: Crude Producers | - | - | - | 0.83% | |
| Oil Refining and Marketing | - | - | - | 0.64% | |
| Pipelines | - | - | - | 0.22% | |
| Oil Equipment & Services | - | - | - | 0.20% | |
| Coal | - | - | - | 0.01% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.03% | - | |
| Renewable Energy Equipment | - | - | - | 0.03% | |
| Alternative Fuels | - | - | - | 0.01% | |
| Utilities | 2.88% | - | - | - | |
| Utilities | - | 2.88% | - | - | |
| Electricity | - | - | 2.00% | - | |
| Conventional Electricity | - | - | - | 1.65% | |
| Alternative Electricity | - | - | - | 0.35% | |
| Gas, Water & Multi-utilities | - | - | 0.78% | - | |
| Multi-Utilities | - | - | - | 0.46% | |
| Gas Distribution | - | - | - | 0.32% | |
| Waste & Disposal Services | - | - | 0.10% | - | |
| Waste & Disposal Services | - | - | - | 0.10% | |
| Real Estate | 2.45% | - | - | - | |
| Real Estate | - | 2.45% | - | - | |
| Real Estate Investment Trusts | - | - | 1.45% | - | |
| Diversified REITs | - | - | - | 0.38% | |
| Retail REITs | - | - | - | 0.28% | |
| Timber REITs | - | - | - | 0.19% | |
| Office REITs | - | - | - | 0.18% | |
| Industrial REITs | - | - | - | 0.16% | |
| Residential REITs | - | - | - | 0.15% | |
| Health Care REITs | - | - | - | 0.09% | |
| Hotel & Lodging REITs | - | - | - | 0.02% | |
| Other Specialty REITs | - | - | - | 0.00% | |
| Real Estate Investment & Services | - | - | 0.99% | - | |
| Real Estate Holding and Development | - | - | - | 0.88% | |
| Real Estate Services | - | - | - | 0.11% | |
| Non-Classified | 2.35% | - | - | - | |
| Non-Classified | - | 0.19% | - | - | |
| Non-Classified | - | - | 0.19% | - | |
| Non-Classified | - | - | - | 0.19% | |
| Bonds | 0.15% | - | - | - | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| North America | 21.56% | |
| Emerging Asia | 20.84% | |
| Developed Europe - Excl UK | 20.58% | |
| Japan | 11.19% | |
| Cash and Equivalents | 10.03% | |
| Australia & New Zealand | 6.97% | |
| Developed Asia | 3.10% | |
| Non-Classified | 2.82% | |
| Property | 1.08% | |
| Other Regions | 1.83% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 89.81% | |
| Cash | 10.03% | |
| Euro | 0.10% | |
| Swiss Franc | 0.03% | |
| US Dollar | 0.02% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 21.56% | - | |
United States
|
- | 19.07% | |
Canada
|
- | 2.49% | |
| Emerging Asia | 20.84% | - | |
Taiwan
|
- | 9.46% | |
South Korea
|
- | 5.84% | |
India
|
- | 1.83% | |
China
|
- | 1.61% | |
Malaysia
|
- | 0.98% | |
Thailand
|
- | 0.91% | |
Indonesia
|
- | 0.14% | |
Philippines
|
- | 0.08% | |
| Developed Europe - Excl UK | 20.58% | - | |
France
|
- | 4.15% | |
Switzerland
|
- | 3.98% | |
Germany
|
- | 2.82% | |
Netherlands
|
- | 2.22% | |
Denmark
|
- | 1.68% | |
Spain
|
- | 1.35% | |
Sweden
|
- | 1.29% | |
Ireland
|
- | 0.99% | |
Italy
|
- | 0.80% | |
Finland
|
- | 0.45% | |
Belgium
|
- | 0.39% | |
Norway
|
- | 0.22% | |
Portugal
|
- | 0.17% | |
Luxembourg
|
- | 0.04% | |
Austria
|
- | 0.02% | |
| Japan | 11.19% | - | |
Japan
|
- | 11.19% | |
| Cash and Equivalents | 10.03% | - | |
| Australia & New Zealand | 6.97% | - | |
Australia
|
- | 6.48% | |
New Zealand
|
- | 0.44% | |
New Caledonia
|
- | 0.06% | |
| Developed Asia | 3.10% | - | |
Hong Kong
|
- | 2.04% | |
Singapore
|
- | 1.06% | |
| Non-Classified | 2.82% | - | |
| Property | 1.08% | - | |
| South & Central America | 0.68% | - | |
Brazil
|
- | 0.42% | |
Mexico
|
- | 0.18% | |
Chile
|
- | 0.06% | |
Colombia
|
- | 0.03% | |
| Emerging Europe | 0.62% | - | |
Turkey
|
- | 0.25% | |
Greece
|
- | 0.20% | |
Poland
|
- | 0.09% | |
Hungary
|
- | 0.05% | |
Czech Republic
|
- | 0.04% | |
Russian Federation
|
- | 0.00% | |
| Middle East & Africa | 0.47% | - | |
South Africa
|
- | 0.27% | |
United Arab Emirates
|
- | 0.16% | |
Saudi Arabia
|
- | 0.03% | |
Israel
|
- | 0.01% | |
| UK | 0.06% | - | |
United Kingdom
|
- | 0.06% | |
Breakdown By Market Cap (%)
| Mega |
|
55.34% |
| Large |
|
22.19% |
| Medium |
|
5.28% |
| Small |
|
0.14% |
| Micro |
|
0.01% |
| Non-Classified |
|
6.85% |
| Bonds |
|
0.15% |
| Cash |
|
10.03% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.24% | Technology Hardware & Equipment | Taiwan |
| 2 | SAMSUNG ELECTRONICS CO. LTD | 1.82% | Telecommunications Equipment | South Korea |
| 3 | APPLE | 0.99% | Technology Hardware & Equipment | United States |
| 4 | NOVO NORDISK A/S | 0.92% | Pharmaceuticals & Biotechnology | Denmark |
| 5 | ASML HOLDING N.V. | 0.89% | Technology Hardware & Equipment | Netherlands |
| 6 | COMMONWEALTH BANK OF AUSTRALIA | 0.88% | Banks | Australia |
| 7 | MICROSOFT CORPORATION | 0.87% | Software & Computer Services | United States |
| 8 | NESTLE S.A. | 0.79% | Food Producers | Switzerland |
| 9 | NOVARTIS AG | 0.76% | Pharmaceuticals & Biotechnology | Switzerland |
| 10 | NVIDIA CORPORATION | 0.74% | Technology Hardware & Equipment | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 17.82% | - | - | - | - | - | - | 17.82% |
| Telecommunications | - | 4.53% | - | 0.10% | - | - | - | - | 4.63% |
| Financials | - | 17.79% | - | 0.03% | - | - | - | - | 17.82% |
| Real Estate | - | 1.37% | - | - | - | 1.08% | - | - | 2.45% |
| Consumer Discretionary | - | 10.20% | - | 0.02% | - | - | - | - | 10.23% |
| Consumer Staples | 0.05% | 4.23% | - | - | - | - | - | - | 4.28% |
| Energy | - | 3.30% | - | - | - | - | - | - | 3.30% |
| Utilities | - | 2.88% | - | - | - | - | - | - | 2.88% |
| Health Care | - | 8.30% | - | - | - | - | - | - | 8.30% |
| Industrials | - | 12.15% | - | - | - | - | - | - | 12.15% |
| Basic Materials | - | 3.77% | - | - | - | - | 0.01% | - | 3.78% |
| Cash and Equivalents | - | - | - | - | - | - | - | 10.03% | 10.03% |
| Non-Classified | - | 0.12% | - | - | - | - | 2.21% | - | 2.33% |
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 | 3169395 |
| Mex Code | PUOEU |
| Isin Code | GB0031693954 |
| Citi Code | P281 |
Fund Charges
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the M&G PP Overseas Equity Index Fund - the underlying fund. Underlying Fund Objective: The fund invests, primarily via other M&G funds, in the shares of overseas companies against a benchmark mix, with fixed proportions. The funds follow a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as their Indices in order to meet their investment objectives; in addition, the Sub-Investment Manager aims to reflect a fundamental ESG approach by overweighting its investments in securities which score well against the Investment Manager’s ESG research framework and underweighting the securities which score less well. Performance Objective: To provide a return that is in line with that of the benchmark. |
| Benchmark | Mix of FTSE and MSCI Regional Indices |
| Sector | ABI Global Equities |
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 | -0.30 |
| Beta | 1.00 |
| Sharpe | 0.22 |
| Standard Deviation | 10.70 |
| Info Ratio | -0.08 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| 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 | No |
| 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
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).
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.
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.
Medium to Higher Risk
These funds offer a diverse geographical spread of equity investment or have multi-asset strategies with a specialist focus (e.g. ethical). The equity funds within this category will have greater overseas exposure and underlying volatility than the "medium" sector.
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.