30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
---|---|---|---|---|---|
Fund | 2.8% | 1.7% | -9.8% | 1.7% | 6.8% |
Sector | 2.1% | 2.5% | -9.9% | 0.4% | 6.6% |
Rank | 42/83 | 71/84 | 49/84 | 26/84 | 51/86 |
Quartile | 2 | 4 | 3 | 2 | 3 |
Annualised | ||||
---|---|---|---|---|
3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
Fund | -0.7% | 0.5% | 1.6% | |
Sector | -1.2% | 0.2% | 1.5% | |
Rank | 47/84 | 53/83 | 58/76 | |
Quartile | 3 | 3 | 4 |
Stock | % Weight |
---|---|
GBP FWD ASSET 18 NOV 2024 | 1.89 |
iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) | 1.11 |
L&G FREEHOLD PROPERTY | 1.08 |
M&G EUROPEAN PROPERTY | 0.48 |
GBP FWD ASSET 18 NOV 2024 | 0.48 |
⅞ Treasury 2046 | 0.41 |
CBT US 5YR NOT (CB Dec24 | 0.40 |
GBP FWD ASSET 18 NOV 2024 | 0.36 |
3¼% Treasury Gilt 2044 | 0.35 |
CBT US 5YR NOT (CB Dec24 | 0.27 |
Total | 6.83 |
Objective: The investment strategy of the fund is to buy units in the WS Prudential Risk Managed Active 1 Fund - the underlying fund.
Underlying Fund Objective: The fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 9%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 9%. Capital invested is at risk.
The M&G Treasury and Investment Office (T&IO) is our team of in-house investment strategists and ‘manager of managers’ for Pru in the UK. They are independent of the various underlying asset management businesses within M&G plc and carry out various stages of the investment process including setting the strategic asset allocation, manager selection and oversight and portfolio management*. The team includes investment professionals with expertise in capital market research, investment strategy design, liability management, derivatives and portfolio management*. * M&G Investment Management Ltd are the investment managers for the WS Prudential Risk Managed Active and Risk Managed Passive Funds. They make the relevant adjustments to the portfolios based on T&IO recommendations.
Bid (13/12/2024) | 137.30 |
Offer (13/12/2024) | 144.50 |
Fund size (31/10/2024) | £9.11m |
Underlying Fund size | £109.83m |
Number of holdings | 7924 |
Launch date | 25/01/2010 |
Annual Management Charge (AMC) | 1.34% |
Further Costs | 0.09% |
Yearly Total | 1.43% |
International Bonds | 45.71% | |
Alternative Trading Strategies | 10.42% | |
International Equities | 9.73% | |
UK Corporate Bonds | 7.95% | |
Cash and Equivalents | 4.35% | |
Property | 3.72% | |
UK Equities | 3.45% | |
Investment Trusts | 1.83% | |
UK Gilts | 0.97% | |
Other Assets | 11.88% |
The following commentary is for the underlying OEIC which the fund invests into:
October 2024 Investment Summary
A negative month for the Active range with returns ranging from -0.22% for Active 1 to -0.52% for Active 2 .
*P Acc share class with data sourced from FE analytics as at 31 October 2024 .
October 2024 was a mixed and more volatile month for portfolios generally.
Most major equity markets saw falls in October, with global stocks lowering from all-time highs. Chinese stocks pared back last month’s gains and the Nasdaq and S&P 500 fell from last months near all-time highs, as the S&P 500 ended five months of consecutive gains. Financials and Communications led sector specific performance, while healthcare continued to lag. The FTSE 100’s performance was muted, with lower returns for UK markets following October’s UK budget announcement. The Stoxx Europe 600 Index struggled this month with Industrials and Communication services the only two sectors to register a positive return over the month.
The election race between Kamala Harris and Donald Trump remained on a knife-edge up to election day, as polls showed both candidates tied in key swing states. Government bond prices were higher as the ten-year Treasury yield climbed to 4.28% from 3.74% over the month, with investor focus shifting to the fiscal deficit, which is expected to grow from already elevated levels regardless of who the next US president is. The US economy grew 2.8% in the third quarter of 2024, slowing slightly given the current uncertain political environment. Markets are pricing a further 0.50% of cuts over the remainder of 2024 with a 92% probability of a further cut at the next meeting in November (since confirmed).
US labour market government data this month showed payrolls increased by 12,000 in October, lower than forecasts with the dual hurricanes affecting the payroll collection period. Expectations are for an eventual upward revision at next month’s report. Consumer confidence rose to a six-month high, as household expectations for business conditions and personal finances improved ahead of the US Election. Unemployment data remained at 4.1% its lowest level in three months.
Tensions in the Middle East and the prospect of further escalation in the region remain. Gulf leaders are increasingly frustrated about Israel’s offensives with Oman’s foreign minister recently stating Western powers have a moral obligation to constrain Israel. The IDF offensive against Hizbollah has continued in recent weeks with air strikes in eastern Lebanon. The US has supposedly drawn up a draft plan to end the war, calling for an initial 60-day ceasefire and the withdrawal of the Lebanese militant group and Israeli troops from southern Lebanon. The impact on Brent Crude prices remains limited falling to $73/barrel from $75/barrel in October.
Central banks are striking more dovish tones, following supportive inflation data and some signs of economic softening. The prospect of a soft landing in the US, accompanied by lower interest rates and stimulus in China should be good for the performance of most asset classes, but heightened geo-political tensions remain the most obvious near-term risk to this view. Investors will be awaiting the outcome of the US Election vote having the potential to plot different fiscal and monetary paths for the world’s largest economy.
WS Prudential Risk Managed Active - Tactical asset allocation activity
We currently have an equity overweight of +1.35%, made up of a diversified basket across the US, UK, Asia and GEM. This is funded from European credit and cash underweights. We have also maintained small overweight positions in US Treasuries and real estate (REITs).
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.
International Bonds | 45.71% | |
Alternative Trading Strategies | 10.42% | |
International Equities | 9.73% | |
UK Corporate Bonds | 7.95% | |
Cash and Equivalents | 4.35% | |
Property | 3.72% | |
UK Equities | 3.45% | |
Investment Trusts | 1.83% | |
UK Gilts | 0.97% | |
Other Assets | 11.88% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Bonds | 54.62% | - | - | - | |
Non-Classified | 13.29% | - | - | - | |
Non-Classified | - | 0.91% | - | - | |
Non-Classified | - | - | 0.91% | - | |
Non-Classified | - | - | - | 0.91% | |
Alternative Trading Strategies | 10.42% | - | - | - | |
Alternative Trading Strategies | - | 10.42% | - | - | |
Alternative Trading Strategies | - | - | 10.42% | - | |
Alternative Trading Strategies | - | - | - | 10.42% | |
Financials | 4.70% | - | - | - | |
Financial Services | - | 2.78% | - | - | |
Equity Investment Instruments | - | - | 1.84% | - | |
Equity Investment Instruments | - | - | - | 1.84% | |
Investment Banking & Brokerage Services | - | - | 0.81% | - | |
Asset Managers & Custodians | - | - | - | 0.57% | |
Investment Services | - | - | - | 0.16% | |
Diversified Financial Services | - | - | - | 0.08% | |
Finance & Credit Services | - | - | 0.14% | - | |
Financial Data & Systems | - | - | - | 0.07% | |
Consumer Lending | - | - | - | 0.04% | |
Mortgage Finance | - | - | - | 0.02% | |
Nonequity Investment Instruments | - | - | 0.00% | - | |
Nonequity Investment Instruments | - | - | - | 0.00% | |
Banks | - | 1.39% | - | - | |
Banks | - | - | 1.39% | - | |
Banks | - | - | - | 1.39% | |
Insurance | - | 0.53% | - | - | |
Life Insurance | - | - | 0.28% | - | |
Life Insurance | - | - | - | 0.28% | |
Non-life Insurance | - | - | 0.25% | - | |
Property & Casualty Insurance | - | - | - | 0.13% | |
Full Line Insurance | - | - | - | 0.06% | |
Insurance Brokers | - | - | - | 0.03% | |
Reinsurance | - | - | - | 0.03% | |
Cash and Equivalents | 4.35% | - | - | - | |
Industrials | 1.98% | - | - | - | |
Industrial Goods & Services | - | 1.81% | - | - | |
Industrial Transportation | - | - | 0.64% | - | |
Railroads | - | - | - | 0.36% | |
Transportation Services | - | - | - | 0.13% | |
Marine Transportation | - | - | - | 0.07% | |
Commercial Vehicles & Parts | - | - | - | 0.02% | |
Delivery Services | - | - | - | 0.02% | |
Commercial Vehicle-Equipment Leasing | - | - | - | 0.02% | |
Railroad Equipment | - | - | - | 0.00% | |
Trucking | - | - | - | 0.00% | |
Industrial Support Services | - | - | 0.32% | - | |
Professional Business Support Services | - | - | - | 0.12% | |
Industrial Suppliers | - | - | - | 0.09% | |
Transaction Processing Services | - | - | - | 0.05% | |
Business Training & Employment Agencies | - | - | - | 0.03% | |
Security Services | - | - | - | 0.02% | |
General Industrials | - | - | 0.25% | - | |
Diversified Industrials | - | - | - | 0.15% | |
Containers & Packaging | - | - | - | 0.08% | |
Glass | - | - | - | 0.00% | |
Plastics | - | - | - | 0.00% | |
Paints & Coatings | - | - | - | 0.00% | |
Electronic & Electrical Equipment | - | - | 0.23% | - | |
Electrical Components | - | - | - | 0.14% | |
Electronic Equipment: Gauges & Meters | - | - | - | 0.03% | |
Electronic Equipment: Control & Filter | - | - | - | 0.03% | |
Electronic Equipment: Pollution Control | - | - | - | 0.01% | |
Electronic Equipment: Other | - | - | - | 0.01% | |
Industrial Engineering | - | - | 0.19% | - | |
Machinery: Industrial | - | - | - | 0.06% | |
Machinery: Construction & Handling | - | - | - | 0.05% | |
Machinery: Engines | - | - | - | 0.04% | |
Machinery: Tools | - | - | - | 0.03% | |
Machinery: Specialty | - | - | - | 0.01% | |
Machinery: Agricultural | - | - | - | 0.00% | |
Aerospace & Defence | - | - | 0.19% | - | |
Defense | - | - | - | 0.10% | |
Aerospace | - | - | - | 0.09% | |
Construction & Materials | - | 0.17% | - | - | |
Construction & Materials | - | - | 0.17% | - | |
Building Materials: Other | - | - | - | 0.06% | |
Construction | - | - | - | 0.04% | |
Cement | - | - | - | 0.04% | |
Building: Climate Control | - | - | - | 0.02% | |
Engineering & Contracting Services | - | - | - | 0.01% | |
Building, Roofing/Wallboard & Plumbing | - | - | - | 0.01% | |
Property | 1.75% | - | - | - | |
Property | - | 1.75% | - | - | |
Property | - | - | 1.75% | - | |
Property | - | - | - | 1.75% | |
Consumer Discretionary | 1.57% | - | - | - | |
Retail | - | 0.47% | - | - | |
Retailers | - | - | 0.47% | - | |
Diversified Retailers | - | - | - | 0.28% | |
Specialty Retailers | - | - | - | 0.09% | |
Apparel Retailers | - | - | - | 0.06% | |
Home Improvement Retailers | - | - | - | 0.05% | |
Consumer Products & Services | - | 0.36% | - | - | |
Household Goods & Home Construction | - | - | 0.13% | - | |
Home Construction | - | - | - | 0.10% | |
Household Appliance | - | - | - | 0.03% | |
Household Equipment & Products | - | - | - | 0.00% | |
Household Furnishings | - | - | - | 0.00% | |
Personal Goods | - | - | 0.09% | - | |
Clothing & Accessories | - | - | - | 0.04% | |
Luxury Items | - | - | - | 0.03% | |
Cosmetics | - | - | - | 0.01% | |
Footwear | - | - | - | 0.01% | |
Leisure Goods | - | - | 0.07% | - | |
Consumer Electronics | - | - | - | 0.03% | |
Electronic Entertainment | - | - | - | 0.02% | |
Recreational Vehicles & Boats | - | - | - | 0.01% | |
Toys | - | - | - | 0.01% | |
Photography | - | - | - | 0.01% | |
Recreational Products | - | - | - | 0.00% | |
Consumer Services | - | - | 0.06% | - | |
Vending & Catering Service | - | - | - | 0.04% | |
Consumer Services: Misc. | - | - | - | 0.02% | |
Education Services | - | - | - | 0.00% | |
Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
Travel & Leisure | - | 0.29% | - | - | |
Travel & Leisure | - | - | 0.29% | - | |
Hotels & Motels | - | - | - | 0.11% | |
Restaurants & Bars | - | - | - | 0.06% | |
Airlines | - | - | - | 0.05% | |
Casinos & Gambling | - | - | - | 0.04% | |
Travel & Tourism | - | - | - | 0.03% | |
Recreational Services | - | - | - | 0.01% | |
Automobiles & Parts | - | 0.25% | - | - | |
Automobiles & Parts | - | - | 0.25% | - | |
Automobiles | - | - | - | 0.17% | |
Auto Parts | - | - | - | 0.08% | |
Tires | - | - | - | 0.00% | |
Media | - | 0.20% | - | - | |
Media | - | - | 0.20% | - | |
Publishing | - | - | - | 0.08% | |
Media Agencies | - | - | - | 0.07% | |
Radio & TV Broadcasters | - | - | - | 0.04% | |
Entertainment | - | - | - | 0.02% | |
Technology | 1.43% | - | - | - | |
Technology | - | 1.43% | - | - | |
Software & Computer Services | - | - | 0.81% | - | |
Consumer Digital Services | - | - | - | 0.44% | |
Software | - | - | - | 0.20% | |
Computer Services | - | - | - | 0.17% | |
Technology Hardware & Equipment | - | - | 0.62% | - | |
Semiconductors | - | - | - | 0.42% | |
Computer Hardware | - | - | - | 0.08% | |
Electronic Components | - | - | - | 0.06% | |
Production Technology Equipment | - | - | - | 0.05% | |
Electronic Office Equipment | - | - | - | 0.00% | |
Real Estate | 1.29% | - | - | - | |
Real Estate | - | 1.29% | - | - | |
Real Estate Investment Trusts | - | - | 1.04% | - | |
Diversified REITs | - | - | - | 0.22% | |
Industrial REITs | - | - | - | 0.19% | |
Infrastructure REITs | - | - | - | 0.12% | |
Retail REITs | - | - | - | 0.10% | |
Residential REITs | - | - | - | 0.10% | |
Office REITs | - | - | - | 0.09% | |
Other Specialty REITs | - | - | - | 0.08% | |
Health Care REITs | - | - | - | 0.07% | |
Storage REITs | - | - | - | 0.06% | |
Hotel & Lodging REITs | - | - | - | 0.01% | |
Timber REITs | - | - | - | 0.01% | |
Real Estate Investment & Services | - | - | 0.25% | - | |
Real Estate Holding and Development | - | - | - | 0.19% | |
Real Estate Services | - | - | - | 0.06% | |
Utilities | 1.22% | - | - | - | |
Utilities | - | 1.22% | - | - | |
Electricity | - | - | 0.76% | - | |
Conventional Electricity | - | - | - | 0.74% | |
Alternative Electricity | - | - | - | 0.02% | |
Gas, Water & Multi-utilities | - | - | 0.45% | - | |
Multi-Utilities | - | - | - | 0.30% | |
Water | - | - | - | 0.08% | |
Gas Distribution | - | - | - | 0.07% | |
Waste & Disposal Services | - | - | 0.01% | - | |
Waste & Disposal Services | - | - | - | 0.01% | |
Consumer Staples | 0.79% | - | - | - | |
Food, Beverage & Tobacco | - | 0.42% | - | - | |
Beverages | - | - | 0.24% | - | |
Soft Drinks | - | - | - | 0.10% | |
Distillers & Vintners | - | - | - | 0.08% | |
Brewers | - | - | - | 0.06% | |
Food Producers | - | - | 0.16% | - | |
Food Products | - | - | - | 0.15% | |
Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
Sugar | - | - | - | 0.00% | |
Fruit & Grain Processing | - | - | - | 0.00% | |
Tobacco | - | - | 0.02% | - | |
Tobacco | - | - | - | 0.02% | |
Personal Care, Drug & Grocery Stores | - | 0.38% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 0.38% | - | |
Food Retailers & Wholesalers | - | - | - | 0.18% | |
Personal Products | - | - | - | 0.13% | |
Nondurable Household Products | - | - | - | 0.04% | |
Drug Retailers | - | - | - | 0.03% | |
Energy | 0.75% | - | - | - | |
Energy | - | 0.75% | - | - | |
Non-Renewable Energy | - | - | 0.73% | - | |
Integrated Oil & Gas | - | - | - | 0.28% | |
Pipelines | - | - | - | 0.27% | |
Oil: Crude Producers | - | - | - | 0.06% | |
Oil Equipment & Services | - | - | - | 0.05% | |
Oil Refining and Marketing | - | - | - | 0.05% | |
Coal | - | - | - | 0.02% | |
Offshore Drilling & Other Services | - | - | - | 0.00% | |
Renewable Energy | - | - | 0.02% | - | |
Renewable Energy Equipment | - | - | - | 0.01% | |
Alternative Fuels | - | - | - | 0.00% | |
Health Care | 0.73% | - | - | - | |
Health Care | - | 0.73% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 0.55% | - | |
Pharmaceuticals | - | - | - | 0.49% | |
Biotechnology | - | - | - | 0.06% | |
Medical Equipment & Services | - | - | 0.12% | - | |
Medical Equipment | - | - | - | 0.09% | |
Medical Supplies | - | - | - | 0.03% | |
Medical Services | - | - | - | 0.00% | |
Health Care Providers | - | - | 0.06% | - | |
Health Care Management Services | - | - | - | 0.04% | |
Health Care Facilities | - | - | - | 0.02% | |
Health Care Services | - | - | - | 0.01% | |
Basic Materials | 0.55% | - | - | - | |
Basic Resources | - | 0.39% | - | - | |
Industrial Metals & Mining | - | - | 0.27% | - | |
General Mining | - | - | - | 0.15% | |
Iron & Steel | - | - | - | 0.07% | |
Copper | - | - | - | 0.02% | |
Aluminum | - | - | - | 0.02% | |
Metal Fabricating | - | - | - | 0.02% | |
Nonferrous Metals | - | - | - | 0.00% | |
Precious Metals & Mining | - | - | 0.09% | - | |
Gold Mining | - | - | - | 0.08% | |
Platinum & Precious Metals | - | - | - | 0.01% | |
Diamonds & Gemstones | - | - | - | 0.00% | |
Industrial Materials | - | - | 0.03% | - | |
Paper | - | - | - | 0.02% | |
Diversified Materials | - | - | - | 0.01% | |
Chemicals | - | 0.16% | - | - | |
Chemicals | - | - | 0.16% | - | |
Chemicals: Diversified | - | - | - | 0.11% | |
Specialty Chemicals | - | - | - | 0.04% | |
Fertilizers | - | - | - | 0.01% | |
Chemicals & Synthetic Fibers | - | - | - | 0.01% | |
Telecommunications | 0.54% | - | - | - | |
Telecommunications | - | 0.54% | - | - | |
Telecommunications Service Providers | - | - | 0.34% | - | |
Telecommunications Services | - | - | - | 0.32% | |
Cable Television Services | - | - | - | 0.02% | |
Telecommunications Equipment | - | - | 0.21% | - | |
Telecommunications Equipment | - | - | - | 0.21% | |
Commodities | 0.00% | - | - | - | |
Commodities | - | 0.00% | - | - | |
Commodities | - | - | 0.00% | - | |
Commodities | - | - | - | 0.00% |
Non-Classified | 27.67% | |
North America | 20.72% | |
UK | 12.36% | |
Developed Europe - Excl UK | 12.10% | |
Emerging Asia | 11.67% | |
Cash and Equivalents | 4.35% | |
Property | 3.70% | |
Developed Asia | 2.61% | |
South & Central America | 1.52% | |
Other Regions | 3.31% |
Non-Fixed Interest Assets | 41.03% | |
Pound Sterling | 20.63% | |
US Dollar | 18.22% | |
Euro | 5.48% | |
Cash | 4.35% | |
Malaysian Ringgit | 1.57% | |
Other Currencies | 8.72% |
Region | Country | ||
---|---|---|---|
Non-Classified | 27.67% | - | |
North America | 20.72% | - | |
United States | - | 19.26% | |
Canada | - | 1.46% | |
UK | 12.36% | - | |
United Kingdom | - | 12.36% | |
Developed Europe - Excl UK | 12.10% | - | |
France | - | 3.48% | |
Netherlands | - | 2.03% | |
Germany | - | 1.81% | |
Luxembourg | - | 1.07% | |
Switzerland | - | 0.62% | |
Spain | - | 0.57% | |
Sweden | - | 0.56% | |
Italy | - | 0.53% | |
Denmark | - | 0.35% | |
Ireland | - | 0.25% | |
Norway | - | 0.25% | |
Finland | - | 0.24% | |
Belgium | - | 0.17% | |
Austria | - | 0.09% | |
Iceland | - | 0.05% | |
Portugal | - | 0.03% | |
Emerging Asia | 11.67% | - | |
India | - | 2.01% | |
South Korea | - | 2.01% | |
Indonesia | - | 1.92% | |
Malaysia | - | 1.67% | |
Philippines | - | 1.28% | |
Thailand | - | 1.22% | |
China | - | 0.90% | |
Taiwan | - | 0.29% | |
Uzbekistan | - | 0.07% | |
Viet Nam | - | 0.06% | |
Sri Lanka | - | 0.04% | |
Kazakhstan | - | 0.04% | |
Azerbaijan | - | 0.04% | |
Tajikistan | - | 0.03% | |
Georgia | - | 0.03% | |
Pakistan | - | 0.02% | |
Papua New Guinea | - | 0.01% | |
Armenia | - | 0.01% | |
Mongolia | - | 0.01% | |
Macau | - | 0.00% | |
Cash and Equivalents | 4.35% | - | |
Property | 3.70% | - | |
Developed Asia | 2.61% | - | |
Singapore | - | 1.38% | |
Hong Kong | - | 1.23% | |
South & Central America | 1.52% | - | |
Mexico | - | 0.52% | |
Brazil | - | 0.21% | |
Colombia | - | 0.17% | |
Peru | - | 0.10% | |
Dominican Republic | - | 0.09% | |
Argentina | - | 0.08% | |
Uruguay | - | 0.06% | |
Paraguay | - | 0.05% | |
Venezuela | - | 0.03% | |
Trinidad and Tobago | - | 0.03% | |
Guatemala | - | 0.03% | |
Jamaica | - | 0.03% | |
Barbados | - | 0.03% | |
Suriname | - | 0.02% | |
Ecuador | - | 0.02% | |
Honduras | - | 0.02% | |
Chile | - | 0.01% | |
Costa Rica | - | 0.01% | |
Bolivia | - | 0.00% | |
Middle East & Africa | 1.16% | - | |
South Africa | - | 0.51% | |
United Arab Emirates | - | 0.09% | |
Israel | - | 0.07% | |
Egypt | - | 0.05% | |
Morocco | - | 0.04% | |
Cote D'Ivoire | - | 0.04% | |
Qatar | - | 0.04% | |
Nigeria | - | 0.04% | |
Oman | - | 0.03% | |
Gabon | - | 0.03% | |
Kenya | - | 0.03% | |
Benin | - | 0.03% | |
Senegal | - | 0.03% | |
Jordan | - | 0.02% | |
Cameroon | - | 0.02% | |
Mozambique | - | 0.02% | |
Rwanda | - | 0.02% | |
Angola | - | 0.02% | |
Saudi Arabia | - | 0.01% | |
Ethiopia | - | 0.01% | |
Kuwait | - | 0.01% | |
Ghana | - | 0.00% | |
Japan | 1.04% | - | |
Japan | - | 1.04% | |
Australia & New Zealand | 0.57% | - | |
Australia | - | 0.51% | |
New Zealand | - | 0.06% | |
New Caledonia | - | 0.00% | |
Emerging Europe | 0.54% | - | |
Romania | - | 0.12% | |
Poland | - | 0.12% | |
Turkey | - | 0.10% | |
Hungary | - | 0.07% | |
Serbia | - | 0.04% | |
Ukraine | - | 0.04% | |
Greece | - | 0.02% | |
Bosnia and Herzegowina | - | 0.01% | |
Albania | - | 0.01% | |
Montenegro | - | 0.01% | |
Czech Republic | - | 0.00% | |
Russian Federation | - | 0.00% |
Mega |
|
6.06% |
Large |
|
3.57% |
Medium |
|
2.63% |
Small |
|
0.76% |
Micro |
|
1.05% |
Non-Classified |
|
26.95% |
Bonds |
|
54.62% |
Cash |
|
4.35% |
< 5Yr Maturity |
|
25.84% |
5Yr - 10Yr Maturity |
|
14.65% |
10Yr - 15Yr Maturity |
|
4.10% |
> 15Yr Maturity |
|
10.03% |
Cash And Equivalents |
|
4.35% |
Unknown Maturity |
|
12.23% |
Other Asset Types |
|
28.79% |
AAA |
|
4.88% |
AA |
|
4.36% |
A |
|
10.87% |
BBB |
|
12.98% |
Sub-Investment Grade |
|
3.73% |
Unknown Quality |
|
17.82% |
Cash and Equivalents |
|
4.35% |
Other Asset Types |
|
41.03% |
Name | % Weight | Sector | Country | |
---|---|---|---|---|
1 | M&G (1) Sterling Investment Grade Corporate Bond Class Z2A GBP | 21.38% | Managed Funds | Managed Funds |
2 | M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc | 13.15% | Managed Funds | Managed Funds |
3 | M&G (LUX) FCP Asian Local CCY Bond Class ZI | 9.63% | Managed Funds | Managed Funds |
4 | M&G (1) US Corporate Bond Class Z4A GBP | 7.69% | Managed Funds | Managed Funds |
5 | M&G European Credit Investment Class E GBP Hedged | 4.39% | Managed Funds | Managed Funds |
6 | M&G Emerging Markets Bond Class PP GBP | 4.10% | Managed Funds | Managed Funds |
7 | M&G (1) US Short Duration Corporate Bond Class Z4A GBP | 3.29% | Managed Funds | Managed Funds |
8 | M&G (Lux) Asian Corporate Bond Class ZI-H A | 3.24% | Managed Funds | Managed Funds |
9 | M&G Global High Yield Bond Class A GBP | 2.39% | Managed Funds | Managed Funds |
10 | M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A | 1.84% | Managed Funds | Managed Funds |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | GBP FWD ASSET 18 NOV 2024 | 1.89% | Non-Classified | Non-Classified |
2 | iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) | 1.11% | Non-Classified | Direct Property and REITs |
3 | L&G FREEHOLD PROPERTY | 1.08% | Property | Direct Property and REITs |
4 | M&G EUROPEAN PROPERTY | 0.48% | Property | Direct Property and REITs |
5 | GBP FWD ASSET 18 NOV 2024 | 0.48% | Non-Classified | Non-Classified |
6 | ⅞ Treasury 2046 | 0.41% | Bonds | United Kingdom |
7 | CBT US 5YR NOT (CB Dec24 | 0.40% | Non-Classified | Non-Classified |
8 | GBP FWD ASSET 18 NOV 2024 | 0.36% | Non-Classified | Non-Classified |
9 | 3¼% Treasury Gilt 2044 | 0.35% | Bonds | United Kingdom |
10 | CBT US 5YR NOT (CB Dec24 | 0.27% | Non-Classified | Non-Classified |
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.
Sedol Code | B57C2Z2 |
Mex Code | PUPUDE |
Isin Code | GB00B57C2Z28 |
Citi Code | I3C1 |
Annual Management Charge (AMC) | 1.34% |
Further Costs | 0.09% |
Yearly Total | 1.43% |
Aims | Objective: The investment strategy of the fund is to buy units in the WS Prudential Risk Managed Active 1 Fund - the underlying fund. Underlying Fund Objective: The fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 9%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 9%. Capital invested is at risk. |
Benchmark | IA Mixed Investment 0-35% shares |
Sector | ABI Mixed Investment 0-35% Shares |
FE Crown |
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.
Ratio | Value |
---|---|
Alpha | 0.01 |
Beta | 1.06 |
Sharpe | 0.00 |
Standard Deviation | 5.98 |
Info Ratio | -0.03 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | No |
Emerging Markets | Yes |
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 | Yes |
Exchange Rate | No |
Higher Risk | No |
Performance Charges | No |
Derivative Exposure | Yes |
Offshore | No |
Income Eroding Capital Growth | No |
Umbrella Liabilities | Yes |
New Fund | No |
Solvency of Depository | No |
Solvency of Bond Issuers | Yes |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
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.
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.
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 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.
The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
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.
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.