PIA HSBC Islamic Global Equity Index Ser B USD

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

Performance

Discrete performance - to last month end

31/07/17
to
31/07/18
31/07/18
to
31/07/19
31/07/19
to
31/07/20
31/07/20
to
31/07/21
31/07/21
to
31/07/22
Fund 12.5% 8.3% 20.2% 32.5% -11.4%
Sector 8.0% 0.5% 4.7% 31.9% -15.4%
Rank 56/370 30/404 16/423 247/458 114/494
Quartile 1 1 1 3 1

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 12.2% 11.4% 10.5%
Sector 5.3% 4.9% 6.4%
Rank 3/422 2/369 9/229
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
MICROSOFT CORP 7.58
APPLE INC 7.34
AMAZON.COM 5.28
ALPHABET INC 3.43
TESLA INC 3.18
ALPHABET INC 3.18
JOHNSON & JOHNSON 2.37
NVIDIA CORP 2.34
META PLATFORMS INC 2.24
EXXON MOBIL CORP 2.04
Total 38.99

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the HSBC Islamic Global Equity Index (USD) - the underlying fund.

Underlying Fund Objective: The fund aims to track as closely as possible the performance of the Dow Jones Islamic Market Titans 100 Index (the Islamic Index). The Index is comprised of the shares of companies in emerging and developed markets that are based anywhere in the world. The fund will be passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index. The shares are selected by filtering the Index universe through screens for business activities and financial ratios to remove stocks that are not Shariah compliant. The fund will only invest in shares of companies that meet Shariah compliance principles as interpreted or approved by the Shariah Committee. The Shariah Committee monitors the fund throughout the year and issues an annual Shariah certificate on the fund’s compliance with Shariah principles. This certificate is included in the annual report of the fund as confirmation of the Shariah compliance for that year. The fund will not invest in derivatives.

Fund Manager

HSBC Index and Systematic Equity Portfolio Management Team manager of the underlying fund for 5 years and 10 months

Photo of HSBC Index and Systematic Equity Portfolio Management Team N/A

Fund Overview

Bid (16/08/2022) 3.35
Offer (16/08/2022) 3.52
Fund size (30/06/2022) $0.62m
Underlying Fund size £2773.66m
Number of holdings 131
Launch date 28/10/2005

Fund Charges

Annual Management Charge (AMC) 1.33%
Further Costs 0.19%
Yearly Total 1.52%

Asset Allocation

pie chart
  International Equities 96.53%
  UK Equities 2.78%
  Cash and Equivalents 0.92%
  Alternative Trading Strategies 0.00%
  Other Assets -0.23%
Portfolio data accurate as at: 31/05/22

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 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 96.53%
  UK Equities 2.78%
  Cash and Equivalents 0.92%
  Alternative Trading Strategies 0.00%
  Other Assets -0.23%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 40.66% - - -
 
Technology - 40.66% - -
 
Software & Computer Services - - 21.52% -
 
Consumer Digital Services - - - 10.82%
 
Software - - - 10.34%
 
Computer Services - - - 0.36%
 
Technology Hardware & Equipment - - 19.14% -
 
Computer Hardware - - - 8.45%
 
Semiconductors - - - 8.27%
 
Production Technology Equipment - - - 2.00%
 
Electronic Components - - - 0.41%
 
Health Care 17.38% - - -
 
Health Care - 17.38% - -
 
Pharmaceuticals & Biotechnology - - 12.85% -
 
Pharmaceuticals - - - 12.38%
 
Biotechnology - - - 0.47%
 
Medical Equipment & Services - - 4.53% -
 
Medical Equipment - - - 4.09%
 
Medical Supplies - - - 0.44%
 
Consumer Discretionary 16.24% - - -
 
Retail - 10.43% - -
 
Retailers - - 10.43% -
 
Diversified Retailers - - - 8.01%
 
Home Improvement Retailers - - - 2.25%
 
Apparel Retailers - - - 0.17%
 
Automobiles & Parts - 3.31% - -
 
Automobiles & Parts - - 3.31% -
 
Automobiles - - - 3.31%
 
Consumer Products & Services - 1.78% - -
 
Personal Goods - - 1.51% -
 
Footwear - - - 0.93%
 
Cosmetics - - - 0.39%
 
Clothing & Accessories - - - 0.19%
 
Leisure Goods - - 0.27% -
 
Electronic Entertainment - - - 0.27%
 
Travel & Leisure - 0.45% - -
 
Travel & Leisure - - 0.45% -
 
Restaurants & Bars - - - 0.45%
 
Media - 0.27% - -
 
Media - - 0.27% -
 
Publishing - - - 0.27%
 
Industrials 8.76% - - -
 
Industrial Goods & Services - 8.31% - -
 
Industrial Support Services - - 4.81% -
 
Transaction Processing Services - - - 3.54%
 
Professional Business Support Services - - - 0.95%
 
Business Training & Employment Agencies - - - 0.33%
 
Industrial Transportation - - 1.37% -
 
Railroads - - - 0.70%
 
Delivery Services - - - 0.67%
 
General Industrials - - 1.09% -
 
Diversified Industrials - - - 1.09%
 
Electronic & Electrical Equipment - - 1.04% -
 
Electrical Components - - - 0.63%
 
Electronic Equipment: Gauges & Meters - - - 0.41%
 
Construction & Materials - 0.45% - -
 
Construction & Materials - - 0.45% -
 
Building: Climate Control - - - 0.25%
 
Building Materials: Other - - - 0.20%
 
Consumer Staples 6.74% - - -
 
Food, Beverage & Tobacco - 4.09% - -
 
Beverages - - 2.40% -
 
Soft Drinks - - - 2.40%
 
Food Producers - - 1.69% -
 
Food Products - - - 1.69%
 
Personal Care, Drug & Grocery Stores - 2.65% - -
 
Personal Care, Drug & Grocery Stores - - 2.65% -
 
Personal Products - - - 2.38%
 
Nondurable Household Products - - - 0.27%
 
Energy 4.33% - - -
 
Energy - 4.33% - -
 
Non-Renewable Energy - - 4.33% -
 
Integrated Oil & Gas - - - 3.73%
 
Oil Refining and Marketing - - - 0.61%
 
Basic Materials 3.04% - - -
 
Basic Resources - 1.52% - -
 
Industrial Metals & Mining - - 1.52% -
 
General Mining - - - 1.52%
 
Chemicals - 1.52% - -
 
Chemicals - - 1.52% -
 
Chemicals: Diversified - - - 1.13%
 
Specialty Chemicals - - - 0.39%
 
Telecommunications 0.95% - - -
 
Telecommunications - 0.95% - -
 
Telecommunications Equipment - - 0.95% -
 
Telecommunications Equipment - - - 0.95%
 
Cash and Equivalents 0.92% - - -
 
Financials 0.62% - - -
 
Financial Services - 0.62% - -
 
Finance & Credit Services - - 0.62% -
 
Financial Data & Systems - - - 0.62%
 
Real Estate 0.59% - - -
 
Real Estate - 0.59% - -
 
Real Estate Investment Trusts - - 0.59% -
 
Infrastructure REITs - - - 0.59%
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%
 
Non-Classified -0.23% - - -

Regional Allocation

pie chart
  North America 75.00%
  Developed Europe - Excl UK 11.84%
  Emerging Asia 4.11%
  Japan 2.96%
  UK 2.78%
  Australia & New Zealand 1.54%
  Developed Asia 1.07%
  Cash and Equivalents 0.92%
  Non-Classified -0.23%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 98.68%
  Euro 0.89%
  Cash 0.43%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 75.00% -
 
United States - 75.00%
 
Developed Europe - Excl UK 11.84% -
 
Switzerland - 4.14%
 
Ireland - 2.46%
 
France - 2.15%
 
Netherlands - 1.54%
 
Denmark - 0.86%
 
Germany - 0.68%
 
Emerging Asia 4.11% -
 
South Korea - 1.54%
 
Taiwan - 1.11%
 
India - 0.97%
 
China - 0.50%
 
Japan 2.96% -
 
Japan - 2.96%
 
UK 2.78% -
 
United Kingdom - 2.78%
 
Australia & New Zealand 1.54% -
 
Australia - 1.54%
 
Developed Asia 1.07% -
 
Hong Kong - 1.07%
 
Cash and Equivalents 0.92% -
 
Non-Classified -0.23% -

Breakdown By Market Cap (%)

Mega
 
 
91.70%
Large
 
 
0.47%
Medium
 
 
0.84%
Non-Classified
 
 
6.08%
Cash
 
 
0.92%

Top 10 Holdings

Stock % Weight Sector Country
1 MICROSOFT CORP 7.58% Software & Computer Services United States
2 APPLE INC 7.34% Technology Hardware & Equipment United States
3 AMAZON.COM 5.28% Retailers United States
4 ALPHABET INC 3.43% Software & Computer Services United States
5 TESLA INC 3.18% Automobiles & Parts United States
6 ALPHABET INC 3.18% Software & Computer Services United States
7 JOHNSON & JOHNSON 2.37% Pharmaceuticals & Biotechnology United States
8 NVIDIA CORP 2.34% Technology Hardware & Equipment United States
9 META PLATFORMS INC 2.24% Software & Computer Services United States
10 EXXON MOBIL CORP 2.04% Non-Renewable Energy United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 40.66% - - - - - - 40.66%
Telecommunications - 0.95% - - - - - - 0.95%
Financials - 0.62% - - - - - - 0.62%
Real Estate - 0.59% - - - - - - 0.59%
Consumer Discretionary 0.27% 15.97% - - - - - - 16.24%
Consumer Staples 0.87% 5.87% - - - - - - 6.74%
Energy - 4.33% - - - - 0.07% - 4.40%
Health Care 0.97% 16.41% - - - - - - 17.38%
Industrials - 8.76% - - - - 0.21% - 8.97%
Basic Materials 0.68% 2.37% - - - - - - 3.04%
Cash and Equivalents - - - - - - - 0.92% 0.92%
Non-Classified - - - - - - -0.50% - -0.50%

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 B0MSSD0
Mex Code SBHAGE
Isin Code IE00B0MSSD05
Citi Code TJ82

Fund Charges

Annual Management Charge (AMC) 1.33%
Further Costs 0.19%
Yearly Total 1.52%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the HSBC Islamic Global Equity Index (USD) - the underlying fund. Underlying Fund Objective: The fund aims to track as closely as possible the performance of the Dow Jones Islamic Market Titans 100 Index (the Islamic Index). The Index is comprised of the shares of companies in emerging and developed markets that are based anywhere in the world. The fund will be passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index. The shares are selected by filtering the Index universe through screens for business activities and financial ratios to remove stocks that are not Shariah compliant. The fund will only invest in shares of companies that meet Shariah compliance principles as interpreted or approved by the Shariah Committee. The Shariah Committee monitors the fund throughout the year and issues an annual Shariah certificate on the fund’s compliance with Shariah principles. This certificate is included in the annual report of the fund as confirmation of the Shariah compliance for that year. The fund will not invest in derivatives.
Benchmark Dow Jones Islamic Titans Index
ABI Sector 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 6.46
Beta 0.99
Sharpe 0.49
Standard Deviation 17.84
Info Ratio 0.74

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 Yes
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore Yes
Income Eroding Capital Growth No
Umbrella Liabilities Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions Yes
Liquidity Yes
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.

Exchange Rate

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

Offshore

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

Umbrella Liabilities

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.

Ethical Restrictions

The fund is unable to invest in certain sectors and companies due to the ethical criteria used to select investments for the fund.

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

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.

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 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 Montague House, Adelaide Road, Dublin 2. 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 deemed authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. 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.