PIA HSBC Islamic Global Equity Index Ser B USD
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 | 116/498 |
| 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
N/A
Fund Overview
| Bid (12/08/2022) | 3.30 |
| Offer (12/08/2022) | 3.47 |
| 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
| International Equities | 96.53% | |
| UK Equities | 2.78% | |
| Cash and Equivalents | 0.92% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | -0.23% |
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.
Asset Allocation
| 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
| 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
| 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
| Non-Fixed Interest Assets | 98.68% | |
| Euro | 0.89% | |
| Cash | 0.43% |
Regional Breakdown
| 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 |
| Sector | OI 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.