PIA Deferred Distribution USD Ser B
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 | 8.1% | 4.7% | 3.3% | 17.1% | -7.4% |
| Sector | 1.5% | -1.9% | 4.7% | 15.4% | -17.0% |
| Rank | 2/212 | 19/233 | 145/243 | 110/260 | 9/271 |
| Quartile | 1 | 1 | 3 | 2 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/22 |
5 Years to 31/07/22 |
10 Years to 31/07/22 |
||
| Fund | 3.8% | 4.9% | 6.6% | |
| Sector | 0.1% | 0.0% | 1.3% | |
| Rank | 17/243 | 4/212 | 1/141 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MICROSOFT CORP | 3.49 |
| APPLE INC | 3.42 |
| CBT US LON BON SEP22 | 1.47 |
| AMAZON.COM | 1.45 |
| JUNCTION SIX BIRMINGHAM | 1.24 |
| ALPHABET INC | 1.18 |
| ALPHABET INC | 1.12 |
| PARC TROSTRE RETAIL PARK, LLAN | 1.12 |
| JOHNSON & JOHNSON | 0.98 |
| COCA-COLA CO | 0.92 |
| Total | 16.40 |
Fund Aims
Objective: The fund aims to deliver capital growth together with reinvested income over the longer term.
Fund Investments: The fund primarily invests in US equity funds, US fixed income funds, UK property funds and cash. These assets are predominantly denominated in US dollars.
Fund Manager
With access to investment professionals around the world and assets under management of £178bn, 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.
Fund Overview
| Bid (16/08/2022) | 2.14 |
| Offer (16/08/2022) | 2.25 |
| Fund size (30/06/2022) | $1.77m |
| Number of holdings | 1104 |
| Launch date | 28/10/2005 |
Fund Charges
| Annual Management Charge (AMC) | 1.30% |
| Further Costs | 0.12% |
| Yearly Total | 1.42% |
Asset Allocation
| International Equities | 49.73% | |
| International Bonds | 28.03% | |
| Property | 10.72% | |
| Cash and Equivalents | 4.71% | |
| UK Corporate Bonds | 1.12% | |
| UK Equities | 0.28% | |
| Investment Trusts | 0.06% | |
| Other Assets | 5.35% |
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 | 49.73% | |
| International Bonds | 28.03% | |
| Property | 10.72% | |
| Cash and Equivalents | 4.71% | |
| UK Corporate Bonds | 1.12% | |
| UK Equities | 0.28% | |
| Investment Trusts | 0.06% | |
| Other Assets | 5.35% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 29.15% | - | - | - | |
| Technology | 14.48% | - | - | - | |
| Technology | - | 14.48% | - | - | |
| Software & Computer Services | - | - | 8.10% | - | |
| Software | - | - | - | 4.74% | |
| Consumer Digital Services | - | - | - | 2.86% | |
| Computer Services | - | - | - | 0.50% | |
| Technology Hardware & Equipment | - | - | 6.38% | - | |
| Computer Hardware | - | - | - | 3.67% | |
| Semiconductors | - | - | - | 2.46% | |
| Production Technology Equipment | - | - | - | 0.20% | |
| Electronic Components | - | - | - | 0.05% | |
| Property | 9.37% | - | - | - | |
| Property | - | 9.37% | - | - | |
| Property | - | - | 9.37% | - | |
| Property | - | - | - | 9.37% | |
| Health Care | 7.21% | - | - | - | |
| Health Care | - | 7.21% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.81% | - | |
| Pharmaceuticals | - | - | - | 3.50% | |
| Biotechnology | - | - | - | 0.30% | |
| Medical Equipment & Services | - | - | 2.57% | - | |
| Medical Equipment | - | - | - | 2.13% | |
| Medical Supplies | - | - | - | 0.44% | |
| Health Care Providers | - | - | 0.84% | - | |
| Health Care Management Services | - | - | - | 0.84% | |
| Consumer Discretionary | 6.38% | - | - | - | |
| Retail | - | 2.86% | - | - | |
| Retailers | - | - | 2.86% | - | |
| Diversified Retailers | - | - | - | 1.91% | |
| Home Improvement Retailers | - | - | - | 0.52% | |
| Apparel Retailers | - | - | - | 0.25% | |
| Specialty Retailers | - | - | - | 0.18% | |
| Travel & Leisure | - | 1.15% | - | - | |
| Travel & Leisure | - | - | 1.15% | - | |
| Restaurants & Bars | - | - | - | 0.95% | |
| Travel & Tourism | - | - | - | 0.10% | |
| Airlines | - | - | - | 0.10% | |
| Automobiles & Parts | - | 1.08% | - | - | |
| Automobiles & Parts | - | - | 1.08% | - | |
| Automobiles | - | - | - | 1.02% | |
| Auto Parts | - | - | - | 0.06% | |
| Media | - | 0.67% | - | - | |
| Media | - | - | 0.67% | - | |
| Entertainment | - | - | - | 0.48% | |
| Media Agencies | - | - | - | 0.17% | |
| Radio & TV Broadcasters | - | - | - | 0.02% | |
| Consumer Products & Services | - | 0.61% | - | - | |
| Personal Goods | - | - | 0.22% | - | |
| Footwear | - | - | - | 0.18% | |
| Clothing & Accessories | - | - | - | 0.04% | |
| Consumer Services | - | - | 0.17% | - | |
| Consumer Services: Misc. | - | - | - | 0.17% | |
| Household Goods & Home Construction | - | - | 0.11% | - | |
| Household Appliance | - | - | - | 0.11% | |
| Leisure Goods | - | - | 0.11% | - | |
| Electronic Entertainment | - | - | - | 0.11% | |
| Recreational Products | - | - | - | 0.01% | |
| Industrials | 6.23% | - | - | - | |
| Industrial Goods & Services | - | 6.10% | - | - | |
| Industrial Support Services | - | - | 2.34% | - | |
| Transaction Processing Services | - | - | - | 1.47% | |
| Professional Business Support Services | - | - | - | 0.77% | |
| Business Training & Employment Agencies | - | - | - | 0.10% | |
| General Industrials | - | - | 1.38% | - | |
| Diversified Industrials | - | - | - | 0.99% | |
| Paints & Coatings | - | - | - | 0.24% | |
| Containers & Packaging | - | - | - | 0.15% | |
| Electronic & Electrical Equipment | - | - | 0.89% | - | |
| Electronic Equipment: Control & Filter | - | - | - | 0.44% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.38% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.04% | |
| Electronic Equipment: Other | - | - | - | 0.03% | |
| Industrial Transportation | - | - | 0.69% | - | |
| Railroads | - | - | - | 0.40% | |
| Delivery Services | - | - | - | 0.25% | |
| Transportation Services | - | - | - | 0.04% | |
| Industrial Engineering | - | - | 0.50% | - | |
| Machinery: Engines | - | - | - | 0.21% | |
| Machinery: Construction & Handling | - | - | - | 0.18% | |
| Machinery: Agricultural | - | - | - | 0.08% | |
| Machinery: Industrial | - | - | - | 0.02% | |
| Machinery: Tools | - | - | - | 0.01% | |
| Aerospace & Defence | - | - | 0.30% | - | |
| Aerospace | - | - | - | 0.30% | |
| Construction & Materials | - | 0.13% | - | - | |
| Construction & Materials | - | - | 0.13% | - | |
| Building: Climate Control | - | - | - | 0.13% | |
| Non-Classified | 5.35% | - | - | - | |
| Financials | 5.07% | - | - | - | |
| Financial Services | - | 2.15% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.29% | - | |
| Investment Services | - | - | - | 0.90% | |
| Asset Managers & Custodians | - | - | - | 0.32% | |
| Diversified Financial Services | - | - | - | 0.06% | |
| Finance & Credit Services | - | - | 0.81% | - | |
| Financial Data & Systems | - | - | - | 0.81% | |
| Equity Investment Instruments | - | - | 0.06% | - | |
| Equity Investment Instruments | - | - | - | 0.06% | |
| Banks | - | 1.78% | - | - | |
| Banks | - | - | 1.78% | - | |
| Banks | - | - | - | 1.78% | |
| Insurance | - | 1.14% | - | - | |
| Non-life Insurance | - | - | 1.08% | - | |
| Property & Casualty Insurance | - | - | - | 0.56% | |
| Full Line Insurance | - | - | - | 0.27% | |
| Insurance Brokers | - | - | - | 0.26% | |
| Life Insurance | - | - | 0.06% | - | |
| Life Insurance | - | - | - | 0.06% | |
| Cash and Equivalents | 4.71% | - | - | - | |
| Consumer Staples | 3.69% | - | - | - | |
| Food, Beverage & Tobacco | - | 1.86% | - | - | |
| Beverages | - | - | 1.73% | - | |
| Soft Drinks | - | - | - | 1.68% | |
| Brewers | - | - | - | 0.05% | |
| Food Producers | - | - | 0.14% | - | |
| Food Products | - | - | - | 0.14% | |
| Personal Care, Drug & Grocery Stores | - | 1.83% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.83% | - | |
| Personal Products | - | - | - | 0.73% | |
| Drug Retailers | - | - | - | 0.68% | |
| Food Retailers & Wholesalers | - | - | - | 0.37% | |
| Nondurable Household Products | - | - | - | 0.05% | |
| Energy | 2.29% | - | - | - | |
| Energy | - | 2.29% | - | - | |
| Non-Renewable Energy | - | - | 2.26% | - | |
| Integrated Oil & Gas | - | - | - | 1.17% | |
| Oil: Crude Producers | - | - | - | 0.58% | |
| Oil Equipment & Services | - | - | - | 0.22% | |
| Oil Refining and Marketing | - | - | - | 0.15% | |
| Pipelines | - | - | - | 0.15% | |
| Renewable Energy | - | - | 0.03% | - | |
| Renewable Energy Equipment | - | - | - | 0.03% | |
| Real Estate | 2.19% | - | - | - | |
| Real Estate | - | 2.19% | - | - | |
| Real Estate Investment Trusts | - | - | 2.04% | - | |
| Industrial REITs | - | - | - | 0.40% | |
| Residential REITs | - | - | - | 0.35% | |
| Retail REITs | - | - | - | 0.33% | |
| Office REITs | - | - | - | 0.33% | |
| Other Specialty REITs | - | - | - | 0.21% | |
| Diversified REITs | - | - | - | 0.19% | |
| Infrastructure REITs | - | - | - | 0.15% | |
| Health Care REITs | - | - | - | 0.06% | |
| Hotel & Lodging REITs | - | - | - | 0.02% | |
| Real Estate Investment & Services | - | - | 0.16% | - | |
| Real Estate Services | - | - | - | 0.16% | |
| Utilities | 1.67% | - | - | - | |
| Utilities | - | 1.67% | - | - | |
| Electricity | - | - | 1.10% | - | |
| Conventional Electricity | - | - | - | 1.10% | |
| Gas, Water & Multi-utilities | - | - | 0.31% | - | |
| Multi-Utilities | - | - | - | 0.25% | |
| Water | - | - | - | 0.06% | |
| Waste & Disposal Services | - | - | 0.27% | - | |
| Waste & Disposal Services | - | - | - | 0.27% | |
| Telecommunications | 1.36% | - | - | - | |
| Telecommunications | - | 1.36% | - | - | |
| Telecommunications Service Providers | - | - | 0.90% | - | |
| Telecommunications Services | - | - | - | 0.62% | |
| Cable Television Services | - | - | - | 0.28% | |
| Telecommunications Equipment | - | - | 0.46% | - | |
| Telecommunications Equipment | - | - | - | 0.46% | |
| Basic Materials | 0.84% | - | - | - | |
| Chemicals | - | 0.66% | - | - | |
| Chemicals | - | - | 0.66% | - | |
| Chemicals: Diversified | - | - | - | 0.30% | |
| Specialty Chemicals | - | - | - | 0.25% | |
| Fertilizers | - | - | - | 0.11% | |
| Basic Resources | - | 0.18% | - | - | |
| Precious Metals & Mining | - | - | 0.08% | - | |
| Gold Mining | - | - | - | 0.08% | |
| Industrial Metals & Mining | - | - | 0.06% | - | |
| Iron & Steel | - | - | - | 0.06% | |
| Industrial Materials | - | - | 0.05% | - | |
| Diversified Materials | - | - | - | 0.05% | |
Regional Allocation
| North America | 73.85% | |
| Property | 10.72% | |
| Non-Classified | 5.41% | |
| Cash and Equivalents | 4.71% | |
| Developed Europe - Excl UK | 2.96% | |
| UK | 1.40% | |
| Japan | 0.44% | |
| Australia & New Zealand | 0.22% | |
| Middle East & Africa | 0.18% | |
| Developed Asia | 0.10% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 68.57% | |
| US Dollar | 29.12% | |
| Cash | 2.28% | |
| Canadian Dollar | 0.03% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 73.85% | - | |
United States
|
- | 73.10% | |
Canada
|
- | 0.75% | |
| Property | 10.72% | - | |
| Non-Classified | 5.41% | - | |
| Cash and Equivalents | 4.71% | - | |
| Developed Europe - Excl UK | 2.96% | - | |
Ireland
|
- | 1.61% | |
Netherlands
|
- | 0.44% | |
Switzerland
|
- | 0.27% | |
France
|
- | 0.17% | |
Norway
|
- | 0.14% | |
Luxembourg
|
- | 0.14% | |
Sweden
|
- | 0.06% | |
Denmark
|
- | 0.05% | |
Spain
|
- | 0.05% | |
Germany
|
- | 0.03% | |
| UK | 1.40% | - | |
United Kingdom
|
- | 1.40% | |
| Japan | 0.44% | - | |
Japan
|
- | 0.44% | |
| Australia & New Zealand | 0.22% | - | |
New Zealand
|
- | 0.15% | |
Australia
|
- | 0.07% | |
| Middle East & Africa | 0.18% | - | |
South Africa
|
- | 0.11% | |
Saudi Arabia
|
- | 0.07% | |
| Developed Asia | 0.10% | - | |
Singapore
|
- | 0.10% | |
Breakdown By Market Cap (%)
| Mega |
|
40.97% |
| Large |
|
7.51% |
| Medium |
|
1.09% |
| Small |
|
0.17% |
| Non-Classified |
|
16.39% |
| Bonds |
|
29.15% |
| Cash |
|
4.71% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
13.41% |
| 5Yr - 10Yr Maturity |
|
9.35% |
| 10Yr - 15Yr Maturity |
|
0.69% |
| > 15Yr Maturity |
|
5.70% |
| Cash And Equivalents |
|
4.71% |
| Unknown Maturity |
|
5.43% |
| Other Asset Types |
|
60.71% |
Fixed Interest Quality Profile
| AAA |
|
1.11% |
| AA |
|
0.76% |
| A |
|
9.83% |
| BBB |
|
13.13% |
| Sub-Investment Grade |
|
3.67% |
| Unknown Quality |
|
0.64% |
| Cash and Equivalents |
|
4.71% |
| Other Asset Types |
|
66.14% |
Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G (ACS) Blackrock US Equity Z3A | 51.25% | Managed Funds | Managed Funds |
| 2 | M&G (1) US Corporate Bond - | 24.17% | Managed Funds | Managed Funds |
| 3 | M&G Feeder of Property Portfolio Class A GBP | 12.88% | Managed Funds | Managed Funds |
| 4 | M&G (1) us Short Duration Corporate Bond - | 10.51% | Managed Funds | Managed Funds |
| 5 | PIA US Deposit Ser A USD | 0.03% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MICROSOFT CORP | 3.49% | Software & Computer Services | United States |
| 2 | APPLE INC | 3.42% | Technology Hardware & Equipment | United States |
| 3 | CBT US LON BON SEP22 | 1.47% | Non-Classified | Non-Classified |
| 4 | AMAZON.COM | 1.45% | Retailers | United States |
| 5 | JUNCTION SIX BIRMINGHAM | 1.24% | Property | Direct Property and REITs |
| 6 | ALPHABET INC | 1.18% | Software & Computer Services | United States |
| 7 | ALPHABET INC | 1.12% | Software & Computer Services | United States |
| 8 | PARC TROSTRE RETAIL PARK, LLAN | 1.12% | Property | Direct Property and REITs |
| 9 | JOHNSON & JOHNSON | 0.98% | Pharmaceuticals & Biotechnology | United States |
| 10 | COCA-COLA CO | 0.92% | Beverages | United States |
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 | B0MSS96 |
| Mex Code | SBPDDB |
| Isin Code | IE00B0MSS965 |
| Citi Code | TJ79 |
Fund Charges
| Annual Management Charge (AMC) | 1.30% |
| Further Costs | 0.12% |
| Yearly Total | 1.42% |
Aims and Benchmark
| Aims | Objective: The fund aims to deliver capital growth together with reinvested income over the longer term. Fund Investments: The fund primarily invests in US equity funds, US fixed income funds, UK property funds and cash. These assets are predominantly denominated in US dollars. |
| Benchmark | Variable |
| ABI Sector | Mixed Investment 20-60% Shares |
Ratings
| FE Crown |  |
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 | 3.50 |
| Beta | 1.05 |
| Sharpe | 0.03 |
| Standard Deviation | 10.92 |
| Info Ratio | 0.69 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| 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 | No |
| Exchange Rate | Yes |
| 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 | Yes |
| Solvency of Bond Issuers | Yes |
| Ethical Restrictions | No |
| Liquidity | No |
| 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).
High Yield Bonds
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.
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.
Solvency of Depository
The value of a cash or currency fund may be affected if any of the institutions with which cash is deposited becomes insolvent or experiences other financial difficulties.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
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.