Prudential BlackRock UK Special Situations S4
Performance
Discrete performance - to last month end
| 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 | -7.9% | 16.5% | -10.2% | -3.6% | 9.9% |
| Sector | -8.3% | 14.2% | -3.5% | 0.8% | 13.0% |
| Rank | 176/397 | 94/398 | 314/398 | 359/400 | 350/400 |
| Quartile | 2 | 1 | 4 | 4 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | -1.7% | 0.4% | 4.0% | |
| Sector | 3.2% | 2.9% | 4.0% | |
| Rank | 346/398 | 349/397 | 265/386 | |
| Quartile | 4 | 4 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| SHELL | 4.80 |
| ASTRAZENECA | 3.88 |
| LONDON STOCK EXCHANGE GROUP | 3.57 |
| UNILEVER | 3.51 |
| COMPASS GROUP | 2.87 |
| RIO TINTO | 2.76 |
| INTEGRAFIN HOLDINGS | 2.69 |
| HSBC HOLDINGS | 2.64 |
| GAMMA COMMUNICATIONS | 2.53 |
| Workspace Group Workspace Group Plc Ord GBP1 | 2.52 |
| Total | 31.78 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the BlackRock UK Special Situations Fund - the underlying fund.
Underlying Fund Objective: The fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) (gross of fees) over the long term (5 or more consecutive years beginning at the point of investment) by investing in shares of companies incorporated or listed in the UK. The fund invests at least 70% of its total assets in the equity securities (e.g. shares) of companies incorporated or listed in the United Kingdom and will normally have an emphasis on small and medium sized companies. The fund manager may use derivatives to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income.
Fund Manager
Roland Arnold, Director and Portfolio Manager, is a member of the UK Equity team in the Fundamental Equity division of BlackRock's Alpha Strategies Group. Mr Arnold's primary responsibility is managing small and mid cap UK equity portfolios, with a sector emphasis on Technology.Mr Arnold's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM in 2000, Mr Arnold worked at a UK retail bank as a performance and credit analyst.
Mr Arnold earned a BA (Hones) in Economics and Management from Leeds University in 1998.
Fund Overview
| Bid (13/12/2024) | 283.60 |
| Offer (13/12/2024) | 298.50 |
| Fund size (31/10/2024) | £2.27m |
| Underlying Fund size | £381.77m |
| Number of holdings | 358 |
| Launch date | 20/10/2008 |
Fund Charges
| Annual Management Charge (AMC) | 1.75% |
| Further Costs | 0.19% |
| Yearly Total | 1.94% |
Asset Allocation
| UK Equities | 92.84% | |
| International Equities | 4.23% | |
| Property | 1.62% | |
| Cash and Equivalents | 1.00% | |
| Money Market | 0.31% |
Important Information
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.
Asset Allocation
| UK Equities | 92.84% | |
| International Equities | 4.23% | |
| Property | 1.62% | |
| Cash and Equivalents | 1.00% | |
| Money Market | 0.31% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 20.44% | - | - | - | |
| Industrial Goods & Services | - | 14.44% | - | - | |
| Industrial Support Services | - | - | 7.27% | - | |
| Industrial Suppliers | - | - | - | 2.84% | |
| Professional Business Support Services | - | - | - | 2.34% | |
| Business Training & Employment Agencies | - | - | - | 1.13% | |
| Transaction Processing Services | - | - | - | 0.97% | |
| Electronic & Electrical Equipment | - | - | 2.86% | - | |
| Electronic Equipment: Control & Filter | - | - | - | 1.85% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 1.02% | |
| General Industrials | - | - | 2.00% | - | |
| Containers & Packaging | - | - | - | 1.22% | |
| Diversified Industrials | - | - | - | 0.78% | |
| Industrial Engineering | - | - | 1.28% | - | |
| Machinery: Construction & Handling | - | - | - | 1.28% | |
| Aerospace & Defence | - | - | 1.03% | - | |
| Defense | - | - | - | 1.03% | |
| Construction & Materials | - | 6.00% | - | - | |
| Construction & Materials | - | - | 6.00% | - | |
| Construction | - | - | - | 2.88% | |
| Building Materials: Other | - | - | - | 2.35% | |
| Cement | - | - | - | 0.76% | |
| Financials | 20.37% | - | - | - | |
| Financial Services | - | 12.62% | - | - | |
| Investment Banking & Brokerage Services | - | - | 8.18% | - | |
| Asset Managers & Custodians | - | - | - | 5.41% | |
| Investment Services | - | - | - | 2.77% | |
| Finance & Credit Services | - | - | 4.11% | - | |
| Financial Data & Systems | - | - | - | 3.57% | |
| Consumer Lending | - | - | - | 0.53% | |
| Nonequity Investment Instruments | - | - | 0.33% | - | |
| Nonequity Investment Instruments | - | - | - | 0.33% | |
| Banks | - | 7.03% | - | - | |
| Banks | - | - | 7.03% | - | |
| Banks | - | - | - | 7.03% | |
| Insurance | - | 0.72% | - | - | |
| Life Insurance | - | - | 0.72% | - | |
| Life Insurance | - | - | - | 0.72% | |
| Consumer Discretionary | 19.91% | - | - | - | |
| Consumer Products & Services | - | 6.50% | - | - | |
| Consumer Services | - | - | 3.38% | - | |
| Vending & Catering Service | - | - | - | 2.87% | |
| Consumer Services: Misc. | - | - | - | 0.51% | |
| Household Goods & Home Construction | - | - | 3.13% | - | |
| Home Construction | - | - | - | 3.13% | |
| Media | - | 5.50% | - | - | |
| Media | - | - | 5.50% | - | |
| Media Agencies | - | - | - | 3.16% | |
| Publishing | - | - | - | 2.34% | |
| Retail | - | 4.22% | - | - | |
| Retailers | - | - | 4.22% | - | |
| Specialty Retailers | - | - | - | 1.77% | |
| Diversified Retailers | - | - | - | 1.45% | |
| Home Improvement Retailers | - | - | - | 1.00% | |
| Travel & Leisure | - | 3.69% | - | - | |
| Travel & Leisure | - | - | 3.69% | - | |
| Restaurants & Bars | - | - | - | 2.15% | |
| Airlines | - | - | - | 1.53% | |
| Basic Materials | 8.54% | - | - | - | |
| Basic Resources | - | 7.63% | - | - | |
| Industrial Metals & Mining | - | - | 7.63% | - | |
| General Mining | - | - | - | 6.59% | |
| Metal Fabricating | - | - | - | 1.04% | |
| Chemicals | - | 0.91% | - | - | |
| Chemicals | - | - | 0.91% | - | |
| Specialty Chemicals | - | - | - | 0.91% | |
| Real Estate | 7.42% | - | - | - | |
| Real Estate | - | 7.42% | - | - | |
| Real Estate Investment Trusts | - | - | 5.58% | - | |
| Office REITs | - | - | - | 3.96% | |
| Diversified REITs | - | - | - | 1.62% | |
| Real Estate Investment & Services | - | - | 1.84% | - | |
| Real Estate Holding and Development | - | - | - | 1.26% | |
| Real Estate Services | - | - | - | 0.57% | |
| Consumer Staples | 6.29% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 4.90% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 4.90% | - | |
| Personal Products | - | - | - | 3.51% | |
| Food Retailers & Wholesalers | - | - | - | 1.40% | |
| Food, Beverage & Tobacco | - | 1.39% | - | - | |
| Food Producers | - | - | 1.39% | - | |
| Food Products | - | - | - | 1.39% | |
| Health Care | 4.86% | - | - | - | |
| Health Care | - | 4.86% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.88% | - | |
| Pharmaceuticals | - | - | - | 3.88% | |
| Medical Equipment & Services | - | - | 0.98% | - | |
| Medical Equipment | - | - | - | 0.98% | |
| Energy | 4.80% | - | - | - | |
| Energy | - | 4.80% | - | - | |
| Non-Renewable Energy | - | - | 4.80% | - | |
| Integrated Oil & Gas | - | - | - | 4.80% | |
| Telecommunications | 2.53% | - | - | - | |
| Telecommunications | - | 2.53% | - | - | |
| Telecommunications Service Providers | - | - | 2.53% | - | |
| Telecommunications Services | - | - | - | 2.53% | |
| Utilities | 1.98% | - | - | - | |
| Utilities | - | 1.98% | - | - | |
| Gas, Water & Multi-utilities | - | - | 1.98% | - | |
| Multi-Utilities | - | - | - | 1.98% | |
| Technology | 1.55% | - | - | - | |
| Technology | - | 1.55% | - | - | |
| Software & Computer Services | - | - | 1.55% | - | |
| Consumer Digital Services | - | - | - | 1.55% | |
| Cash and Equivalents | 1.31% | - | - | - | |
Regional Allocation
| UK | 92.84% | |
| Developed Europe - Excl UK | 3.25% | |
| Property | 1.62% | |
| Cash and Equivalents | 1.31% | |
| North America | 0.97% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 97.59% | |
| Cash | 1.24% | |
| Pound Sterling | 1.17% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 92.84% | - | |
United Kingdom
|
- | 92.84% | |
| Developed Europe - Excl UK | 3.25% | - | |
Ireland
|
- | 3.25% | |
| Property | 1.62% | - | |
| Cash and Equivalents | 1.31% | - | |
| North America | 0.97% | - | |
United States
|
- | 0.97% | |
Breakdown By Market Cap (%)
| Mega |
|
29.86% |
| Large |
|
9.33% |
| Medium |
|
38.39% |
| Small |
|
13.10% |
| Micro |
|
0.53% |
| Non-Classified |
|
7.48% |
| Cash |
|
1.31% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | SHELL | 4.80% | Non-Renewable Energy | United Kingdom |
| 2 | ASTRAZENECA | 3.88% | Pharmaceuticals & Biotechnology | United Kingdom |
| 3 | LONDON STOCK EXCHANGE GROUP | 3.57% | Finance & Credit Services | United Kingdom |
| 4 | UNILEVER | 3.51% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 5 | COMPASS GROUP | 2.87% | Consumer Services | United Kingdom |
| 6 | RIO TINTO | 2.76% | Industrial Metals & Mining | United Kingdom |
| 7 | INTEGRAFIN HOLDINGS | 2.69% | Investment Banking & Brokerage Services | United Kingdom |
| 8 | HSBC HOLDINGS | 2.64% | Banks | United Kingdom |
| 9 | GAMMA COMMUNICATIONS | 2.53% | Telecommunications Service Providers | United Kingdom |
| 10 | Workspace Group Workspace Group Plc Ord GBP1 | 2.52% | Real Estate Investment Trusts | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.55% | - | - | - | - | - | - | - | 1.55% |
| Telecommunications | 2.53% | - | - | - | - | - | - | - | 2.53% |
| Financials | 20.37% | - | - | - | - | - | - | - | 20.37% |
| Real Estate | 5.80% | - | - | - | - | 1.62% | - | - | 7.42% |
| Consumer Discretionary | 19.91% | - | - | - | - | - | - | - | 19.91% |
| Consumer Staples | 6.29% | - | - | - | - | - | - | - | 6.29% |
| Energy | 4.80% | - | - | - | - | - | - | - | 4.80% |
| Utilities | 1.98% | - | - | - | - | - | - | - | 1.98% |
| Health Care | 4.86% | - | - | - | - | - | - | - | 4.86% |
| Industrials | 16.21% | 4.23% | - | - | - | - | - | - | 20.44% |
| Basic Materials | 8.54% | - | - | - | - | - | - | - | 8.54% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.00% | 1.00% |
| Non-Classified | - | - | - | - | - | - | - | 0.31% | 0.31% |
Important Information
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 | B3BW1Q8 |
| Mex Code | PUBUSS |
| Isin Code | GB00B3BW1Q82 |
| Citi Code | D9X7 |
Fund Charges
| Annual Management Charge (AMC) | 1.75% |
| Further Costs | 0.19% |
| Yearly Total | 1.94% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the BlackRock UK Special Situations Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) (gross of fees) over the long term (5 or more consecutive years beginning at the point of investment) by investing in shares of companies incorporated or listed in the UK. The fund invests at least 70% of its total assets in the equity securities (e.g. shares) of companies incorporated or listed in the United Kingdom and will normally have an emphasis on small and medium sized companies. The fund manager may use derivatives to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. |
| Benchmark | IA UK All Companies Sector Average |
| ABI Sector | UK All Companies |
Ratings
| FE Crown |  |
Important Information
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 | -5.42 |
| Beta | 1.13 |
| Sharpe | -0.01 |
| Standard Deviation | 12.39 |
| Info Ratio | -1.45 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| 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 | 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 | Yes |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
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.
Liquidity
This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
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
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
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.