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 | 1.2% | 20.9% | -17.3% | 12.1% | 9.9% |
Annualised | ||||
---|---|---|---|---|
3 Years to 30/09/24 |
5 Years to 30/09/24 |
10 Years to 30/09/24 |
||
Fund | 0.6% | 4.5% | 5.3% |
30 June 2024
Equities progressed, whereas sovereign bonds encountered challenges over delayed interest rate cuts and political uncertainties. The 10-year US government bond yield concluded at 4.4%. In parallel, the 10-year UK gilt yield rose to 4.2%. Euro sovereigns faced downward pressure as investors priced in a tempered trajectory for rate cuts, despite the European Central Banks’s decision to implement its first rate cut. France's parliamentary election announcement heightened concerns and the risk premium on 10-year French government bonds hit its highest level since 2012. Japan’s 10-year government bond yield surpassed 1% for the first time in 11 years.
The bullish equity markets persisted, with the FTSE World Index returning 2.7% (sterling). Buoyed by strong corporate earnings and positive sentiment around the ‘Magnificent Seven’ group of mega-cap technology stocks, the US equity market shrugged off inflation concerns; the S&P 500 gained 4.3% (US dollars). In the UK, a weaker pound sterling and expectations of interest rate cuts boosted prices, with the FTSE 100 returning 3.8% (sterling). In contrast, European and Japanese equities lagged. Emerging market equities rebounded, benefiting from economic growth and election results in major markets. Technology stocks maintained their dominance, with communication services and utilities closely following. The US dollar appreciated against major currencies. Brent crude oil fell 1.1%, whereas gold rose 5.1% (US dollars).
The M&G Treasury & Investment Office (T&IO) outlook is cautious as much uncertainty remains.
The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes US and international equities, property, fixed interest securities, index-linked securities and other specialist investments.
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.
Bid (04/10/2024) | 3.47 |
Offer | n/a |
Fund size | - |
Launch date | 25/11/2008 |
Annual Management Charge (AMC) | 1.20% |
Further Costs | 0.25% |
Yearly Total | 1.45% |
North American Equities |
|
14.50% |
US Investment Grade |
|
9.80% |
Asia Fixed Interest |
|
6.60% |
Asia ex. Japan Equities |
|
6.10% |
North America Real Estate |
|
6.00% |
UK Equities |
|
5.40% |
European Equities |
|
4.80% |
Private Equity |
|
4.50% |
UK Investment Grade |
|
4.00% |
Europe Investment Grade |
|
4.00% |
Japanese Equities |
|
3.50% |
Tactical Investment Opportunities |
|
3.20% |
Infrastructure |
|
3.10% |
US Treasury |
|
2.70% |
Asia Real Estate |
|
2.60% |
Emerging Market Debt |
|
2.50% |
Middle East and Africa Equities |
|
2.20% |
Cash & Equivalents |
|
2.00% |
Global Emerging Markets Equities |
|
1.80% |
China Equities |
|
1.40% |
Europe ex UK Real Estate |
|
1.40% |
Private High Yield |
|
1.40% |
UK Real Estate |
|
1.30% |
India Equities |
|
1.20% |
Africa Fixed Interest |
|
1.10% |
Other Factors |
|
1.10% |
US High Yield |
|
0.90% |
Global High Yield |
|
0.50% |
Lower Risk Private Credit |
|
0.40% |
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the smoothing process, our charges, and when you take your money out.
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 the fund's currency of denomination 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 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.
North American Equities |
|
14.50% |
US Investment Grade |
|
9.80% |
Asia Fixed Interest |
|
6.60% |
Asia ex. Japan Equities |
|
6.10% |
North America Real Estate |
|
6.00% |
UK Equities |
|
5.40% |
European Equities |
|
4.80% |
Private Equity |
|
4.50% |
UK Investment Grade |
|
4.00% |
Europe Investment Grade |
|
4.00% |
Japanese Equities |
|
3.50% |
Tactical Investment Opportunities |
|
3.20% |
Infrastructure |
|
3.10% |
US Treasury |
|
2.70% |
Asia Real Estate |
|
2.60% |
Emerging Market Debt |
|
2.50% |
Middle East and Africa Equities |
|
2.20% |
Cash & Equivalents |
|
2.00% |
Global Emerging Markets Equities |
|
1.80% |
China Equities |
|
1.40% |
Europe ex UK Real Estate |
|
1.40% |
Private High Yield |
|
1.40% |
UK Real Estate |
|
1.30% |
India Equities |
|
1.20% |
Africa Fixed Interest |
|
1.10% |
Other Factors |
|
1.10% |
US High Yield |
|
0.90% |
Global High Yield |
|
0.50% |
Lower Risk Private Credit |
|
0.40% |
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the smoothing process, our charges, and when you take your money out.
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 | B3BWBK2 |
Mex Code | SBPRDG |
Isin Code | IE00B3BWBK25 |
Citi Code | DBS9 |
Annual Management Charge (AMC) | 1.20% |
Further Costs | 0.25% |
Yearly Total | 1.45% |
Aims | The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes US and international equities, property, fixed interest securities, index-linked securities and other specialist investments. |
Benchmark | Not benchmarked |
ABI Sector | Unclassified |
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the smoothing process, our charges, and when you take your money out.
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 | -7.24 |
Beta | 2.50 |
Sharpe | 0.00 |
Standard Deviation | 9.29 |
Info Ratio | -0.32 |
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the smoothing process, our charges, and when you take your money out.
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.
We can't predict the future. Past Performance isn't a guide to future performance. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the smoothing process, our charges, and when you take your money out.
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 the fund's currency of denomination 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 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.
The registered office of Prudential International is in Ireland at Fitzwilliam Court, Leeson Cl, Dublin 2, D02 TC95. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.