LF Prudential Risk Managed Active 4 Class A Inc

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

Performance

Discrete performance - to last month end

30/06/15
to
30/06/16
30/06/16
to
30/06/17
30/06/17
to
30/06/18
30/06/18
to
30/06/19
30/06/19
to
30/06/20
Fund 1.0% 16.3% 3.0% 1.9% -3.4%
Benchmark 1.9% 16.1% 4.8% 3.6% -0.1%

Annualised performance

Annualised
3 Years to
30/06/20
5 Years to
30/06/20
10 Years to
30/06/20
Fund 0.5% 3.5% 5.8%
Benchmark 2.8% 5.1% 6.6%

Top 10 Holdings

Stock % Weight
L&G FREEHOLD PROPERTY 2.85
US 10YR NOTE (CBT)SEP20 1.09
TAIWAN SEMICONDUCTOR MANUFACTURING 0.78
FTSE 100 IDX FUT JUN20 0.75
SAMSUNG ELECTRONICS CO 0.74
ASTRAZENECA 0.73
NASDAQ 100 E-MINI JUN20 0.71
EURO STOXX 50 JUN20 0.71
BP 0.68
HSBC HLDGS 0.55
Total 9.59

Fund Aims

The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 14.5%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 14.5%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.

Fund Manager

Philip Butler manager for 3 years and 8 months

Photo of Philip Butler Phil Butler, CFA, is Portfolio Manager at M&G, part of the Treasury and Investment Office (T&IO formerly PPMG). The Investment Office is the fiduciary manager of Prudential UK&E Assets managing the retail saving solutions, legacy annuity products, with-profits policies and unit-linked solutions of Prudential UK&E. Phil is the lead portfolio manager of the LF Prudential Risk Managed Active and Passive fund ranges as well as the Groups Unit Linked business; managing over £6bn in assets. Phil provides cover on a wider £100bn+ of multi-asset funds, including PruFund. Phil joined the Investment Office in late 2011 to become a member of the Multi-Asset Portfolio Management Team and specialises in the management of the unitised multi-asset funds. Prior to this, Phil was part of M&Gs Investment graduate scheme rotating through various specialist investment teams in different asset classes across the company. Before M&G, he spent 13 months at the Bank of England as a research assistant whilst completing his Banking and International Finance BSc at Cass Business School. Phil is governed by M&G Investment Management under the FCA’s Certification Regime and is a CFA charter holder.

Fund Overview

Mid (07/07/2020) 166.85p
Historic yield 0.69%
Fund size (31/05/2020) £279.10m
Number of holdings 9928
Entry Charge 0.00%
Ongoing Charges 0.81%
Launch date 22/01/2010

Asset Allocation

pie chart
  International Equities 29.69%
  International Bonds 18.50%
  UK Equities 12.87%
  Cash and Equivalents 11.84%
  UK Corporate Bonds 7.64%
  Investment Trusts 2.92%
  Other Assets 16.53%

Performance comment

Economic Summary - June 2020

The Covid-19 pandemic continues to dominate news headlines with the focus shifting from lockdown concerns to the challenges presented through easing lockdown measures.

Equities continued their upward trajectory in May but at a more moderate pace reminding us of the challenging backdrop. Sentiment was buoyed by optimism about potential vaccines and the significant fall in infection rate across major European economies. The UK infection rate remains high, however.

The UK, Q1 GDP fell 2% (quarter on quarter) the worst outcome since 2008 but plans are in place to gradually open more sectors of the economy. However, daily infection rates will need to be monitored very closely over the next couple of weeks. Over the month the FTSE All Share returned 3.4% and the 10-year gilt is around 0.2%.

In the US, April unemployment rate reached 14.7%, the highest in post-war history and is expected to continue to worsen with the second quarter GDP expected to be worse than Q1, which registered a drop of 5%. Consensus estimates indicate a 34% annualised drop in GDP next quarter, according to Bloomberg. The were no adjustments to policy by the Fed this month but the Fed Chair signalled reluctance to using negative rates given downside effects on the banking sector.

In Europe, an EU wide recovery plan was announced which will allow the European commission to borrow an equivalent of 5.4% of EU GDP, funded by EU budgetary resources. This should help countries to access funding without having to issue more of their own debt (especially for counties with high debt such as Italy).

Significant uncertainty remains over the path of the economy and asset markets. It is still unclear when economies can fully and sustainably reopen.

Risk Managed Active - Tactical asset allocation activity

At the end of May the portfolio manager retains a small overweight position in equities, focused primarily in US equities and in particular the information technology focused index, the Nasdaq 100, due to its attractive defensive characteristics at present. The neutral position in global high yield was gradually moved to overweight as the combination of US Federal Reserve support and well compensated spreads. UK and European investment grade bonds remain a small underweight and the cash position continues to reduce but remains positive.

Source: Prudential

Portfolio data accurate as at: 31/05/20

Important Information

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). 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 ongoing charges, but take no account of product charges. Ongoing charges 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 income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, 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 29.69%
  International Bonds 18.50%
  UK Equities 12.87%
  Cash and Equivalents 11.84%
  UK Corporate Bonds 7.64%
  Investment Trusts 2.92%
  Other Assets 16.53%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 26.67% - - -
 
Non-Classified 14.85% - - -
 
Non-Classified - 6.41% - -
 
Non-Classified - - 6.41% -
 
Non-Classified - - - 6.41%
 
Financials 10.62% - - -
 
Banks - 4.56% - -
 
Banks - - 4.56% -
 
Banks - - - 4.56%
 
Financial Services - 4.52% - -
 
Equity Investment Instruments - - 2.92% -
 
Equity Investment Instruments - - - 2.92%
 
Investment Banking & Brokerage Services - - 1.27% -
 
Investment Services - - - 0.46%
 
Asset Managers & Custodians - - - 0.45%
 
Diversified Financial Services - - - 0.35%
 
Finance & Credit Services - - 0.33% -
 
Mortgage Finance - - - 0.23%
 
Consumer Lending - - - 0.10%
 
Financial Data & Systems - - - 0.00%
 
Insurance - 1.54% - -
 
Life Insurance - - 0.80% -
 
Life Insurance - - - 0.80%
 
Non-life Insurance - - 0.75% -
 
Property & Casualty Insurance - - - 0.37%
 
Full Line Insurance - - - 0.24%
 
Reinsurance - - - 0.14%
 
Cash and Equivalents 9.77% - - -
 
Industrials 6.48% - - -
 
Industrial Goods & Services - 5.44% - -
 
General Industrials - - 1.48% -
 
Diversified Industrials - - - 1.24%
 
Containers & Packaging - - - 0.16%
 
Glass - - - 0.08%
 
Industrial Support Services - - 1.45% -
 
Professional Business Support Services - - - 0.56%
 
Transaction Processing Services - - - 0.29%
 
Industrial Suppliers - - - 0.22%
 
Security Services - - - 0.20%
 
Business Training & Employment Agencies - - - 0.18%
 
Forms & Bulk Printing Services - - - 0.00%
 
Industrial Transportation - - 1.19% -
 
Marine Transportation - - - 0.46%
 
Railroads - - - 0.23%
 
Transportation Services - - - 0.17%
 
Commercial Vehicle-Equipment Leasing - - - 0.16%
 
Delivery Services - - - 0.11%
 
Commercial Vehicles & Parts - - - 0.07%
 
Trucking - - - 0.00%
 
Railroad Equipment - - - 0.00%
 
Electronic & Electrical Equipment - - 0.48% -
 
Electronic Equipment: Control & Filter - - - 0.21%
 
Electronic Equipment: Gauges & Meters - - - 0.13%
 
Electrical Components - - - 0.10%
 
Electronic Equipment: Other - - - 0.03%
 
Aerospace & Defence - - 0.43% -
 
Defense - - - 0.26%
 
Aerospace - - - 0.16%
 
Industrial Engineering - - 0.42% -
 
Machinery: Industrial - - - 0.30%
 
Machinery: Construction & Handling - - - 0.09%
 
Machinery: Agricultural - - - 0.02%
 
Machinery: Tools - - - 0.00%
 
Machinery: Engines - - - 0.00%
 
Construction & Materials - 1.04% - -
 
Construction & Materials - - 1.04% -
 
Building Materials: Other - - - 0.29%
 
Construction - - - 0.26%
 
Cement - - - 0.19%
 
Engineering & Contracting Services - - - 0.17%
 
Building, Roofing/Wallboard & Plumbing - - - 0.12%
 
Technology 5.54% - - -
 
Technology - 5.54% - -
 
Technology Hardware & Equipment - - 3.33% -
 
Semiconductors - - - 1.53%
 
Computer Hardware - - - 1.17%
 
Electronic Components - - - 0.47%
 
Electronic Office Equipment - - - 0.12%
 
Production Technology Equipment - - - 0.04%
 
Software & Computer Services - - 2.21% -
 
Consumer Digital Services - - - 1.27%
 
Software - - - 0.53%
 
Computer Services - - - 0.41%
 
Health Care 5.34% - - -
 
Health Care - 5.34% - -
 
Pharmaceuticals & Biotechnology - - 4.43% -
 
Pharmaceuticals - - - 3.80%
 
Biotechnology - - - 0.63%
 
Medical Equipment & Services - - 0.62% -
 
Medical Equipment - - - 0.47%
 
Medical Supplies - - - 0.15%
 
Health Care Providers - - 0.28% -
 
Health Care Management Services - - - 0.16%
 
Health Care: Misc. - - - 0.10%
 
Health Care Facilities - - - 0.02%
 
Health Care Services - - - 0.01%
 
Consumer Discretionary 4.94% - - -
 
Retail - 1.33% - -
 
Retailers - - 1.33% -
 
Diversified Retailers - - - 0.76%
 
Apparel Retailers - - - 0.25%
 
Specialty Retailers - - - 0.24%
 
Home Improvement Retailers - - - 0.08%
 
Automobiles & Parts - 1.19% - -
 
Automobiles & Parts - - 1.19% -
 
Automobiles - - - 0.91%
 
Auto Parts - - - 0.23%
 
Tires - - - 0.06%
 
Auto Services - - - 0.00%
 
Consumer Products & Services - 1.02% - -
 
Household Goods & Home Construction - - 0.41% -
 
Home Construction - - - 0.40%
 
Household Equipment & Products - - - 0.01%
 
Household Appliance - - - 0.00%
 
Leisure Goods - - 0.36% -
 
Consumer Electronics - - - 0.17%
 
Toys - - - 0.13%
 
Electronic Entertainment - - - 0.06%
 
Personal Goods - - 0.14% -
 
Clothing & Accessories - - - 0.09%
 
Cosmetics - - - 0.03%
 
Footwear - - - 0.01%
 
Luxury Items - - - 0.01%
 
Consumer Services - - 0.10% -
 
Consumer Services: Misc. - - - 0.04%
 
Vending & Catering Service - - - 0.04%
 
Funeral Parlors & Cemetery - - - 0.01%
 
Education Services - - - 0.01%
 
Travel & Leisure - 0.85% - -
 
Travel & Leisure - - 0.85% -
 
Travel & Tourism - - - 0.29%
 
Airlines - - - 0.28%
 
Casinos & Gambling - - - 0.18%
 
Hotels & Motels - - - 0.09%
 
Restaurants & Bars - - - 0.02%
 
Recreational Services - - - 0.00%
 
Media - 0.55% - -
 
Media - - 0.55% -
 
Media Agencies - - - 0.20%
 
Radio & TV Broadcasters - - - 0.17%
 
Publishing - - - 0.14%
 
Entertainment - - - 0.04%
 
Consumer Staples 3.85% - - -
 
Food, Beverage & Tobacco - 2.30% - -
 
Food Producers - - 0.99% -
 
Food Products - - - 0.94%
 
Farming, Fishing, Ranching & Plantations - - - 0.03%
 
Fruit & Grain Processing - - - 0.01%
 
Tobacco - - 0.72% -
 
Tobacco - - - 0.72%
 
Beverages - - 0.58% -
 
Soft Drinks - - - 0.30%
 
Distillers & Vintners - - - 0.15%
 
Brewers - - - 0.13%
 
Personal Care, Drug & Grocery Stores - 1.56% - -
 
Personal Care, Drug & Grocery Stores - - 1.56% -
 
Personal Products - - - 0.61%
 
Food Retailers & Wholesalers - - - 0.51%
 
Nondurable Household Products - - - 0.40%
 
Drug Retailers - - - 0.05%
 
Basic Materials 2.68% - - -
 
Basic Resources - 1.92% - -
 
Industrial Metals & Mining - - 1.43% -
 
General Mining - - - 0.76%
 
Iron & Steel - - - 0.49%
 
Copper - - - 0.10%
 
Metal Fabricating - - - 0.07%
 
Nonferrous Metals - - - 0.01%
 
Aluminum - - - 0.00%
 
Industrial Materials - - 0.33% -
 
Paper - - - 0.33%
 
Forestry - - - 0.00%
 
Diversified Materials - - - 0.00%
 
Precious Metals & Mining - - 0.16% -
 
Gold Mining - - - 0.15%
 
Diamonds & Gemstones - - - 0.01%
 
Chemicals - 0.76% - -
 
Chemicals - - 0.76% -
 
Chemicals: Diversified - - - 0.53%
 
Specialty Chemicals - - - 0.15%
 
Fertilizers - - - 0.07%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Energy 2.60% - - -
 
Energy - 2.60% - -
 
Non-Renewable Energy - - 2.55% -
 
Integrated Oil & Gas - - - 1.83%
 
Oil Refining and Marketing - - - 0.31%
 
Oil: Crude Producers - - - 0.25%
 
Coal - - - 0.10%
 
Oil Equipment & Services - - - 0.05%
 
Pipelines - - - 0.00%
 
Offshore Drilling & Other Services - - - 0.00%
 
Renewable Energy - - 0.05% -
 
Renewable Energy Equipment - - - 0.05%
 
Alternative Trading Strategies 2.04% - - -
 
Alternative Trading Strategies - 2.04% - -
 
Alternative Trading Strategies - - 2.04% -
 
Alternative Trading Strategies - - - 2.04%
 
Telecommunications 1.47% - - -
 
Telecommunications - 1.47% - -
 
Telecommunications Service Providers - - 1.11% -
 
Telecommunications Services - - - 0.98%
 
Cable Television Services - - - 0.14%
 
Telecommunications Equipment - - 0.35% -
 
Telecommunications Equipment - - - 0.35%
 
Property 1.11% - - -
 
Property - 1.11% - -
 
Property - - 1.11% -
 
Property - - - 1.11%
 
Utilities 1.09% - - -
 
Utilities - 1.09% - -
 
Electricity - - 0.55% -
 
Conventional Electricity - - - 0.55%
 
Alternative Electricity - - - 0.00%
 
Gas, Water & Multi-utilities - - 0.54% -
 
Multi-Utilities - - - 0.42%
 
Gas Distribution - - - 0.06%
 
Water - - - 0.06%
 
Waste & Disposal Services - - 0.00% -
 
Waste & Disposal Services - - - 0.00%
 
Real Estate 0.93% - - -
 
Real Estate - 0.93% - -
 
Real Estate Investment & Services - - 0.78% -
 
Real Estate Holding and Development - - - 0.78%
 
Real Estate Services - - - 0.00%
 
Real Estate Investment Trusts - - 0.15% -
 
Diversified REITs - - - 0.07%
 
Industrial REITs - - - 0.04%
 
Office REITs - - - 0.02%
 
Residential REITs - - - 0.02%
 
Storage REITs - - - 0.00%
 
Retail REITs - - - 0.00%
 
Health Care REITs - - - 0.00%

Regional Allocation

pie chart
  UK 21.06%
  North America 18.61%
  Non-Classified 19.38%
  Developed Europe - Excl UK 11.31%
  Cash and Equivalents 10.77%
  Emerging Asia 7.83%
  Other Regions 11.04%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 61.48%
  US Dollar 12.92%
  Cash 11.84%
  Pound Sterling 10.12%
  Euro 2.06%
  Won 0.32%
  Other Currencies 1.25%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 21.06% -
 
United Kingdom - 21.04%
 
Isle of Man - 0.02%
 
Jersey - 0.01%
 
North America 18.61% -
 
United States - 17.93%
 
Canada - 0.67%
 
Bermuda - 0.01%
 
Marshall Islands - 0.00%
 
Non-Classified 19.38% -
 
Developed Europe - Excl UK 11.31% -
 
France - 1.96%
 
Germany - 1.84%
 
Netherlands - 1.59%
 
Switzerland - 1.45%
 
Ireland - 0.93%
 
Italy - 0.60%
 
Luxembourg - 0.57%
 
Finland - 0.52%
 
Sweden - 0.46%
 
Belgium - 0.45%
 
Spain - 0.44%
 
Norway - 0.23%
 
Denmark - 0.15%
 
Austria - 0.13%
 
Portugal - 0.00%
 
Iceland - 0.00%
 
Cash and Equivalents 10.77% -
 
Emerging Asia 7.83% -
 
South Korea - 2.42%
 
Taiwan - 1.47%
 
China - 1.44%
 
India - 0.99%
 
Indonesia - 0.46%
 
Malaysia - 0.43%
 
Philippines - 0.31%
 
Thailand - 0.29%
 
Sri Lanka - 0.01%
 
Pakistan - 0.00%
 
Mongolia - 0.00%
 
Macau - 0.00%
 
Japan 3.83% -
 
Japan - 3.83%
 
Developed Asia 3.25% -
 
Hong Kong - 2.14%
 
Singapore - 1.10%
 
Australia & New Zealand 1.44% -
 
Australia - 1.44%
 
New Zealand - 0.00%
 
Property 1.24% -
 
South & Central America 0.72% -
 
Mexico - 0.34%
 
Brazil - 0.18%
 
Panama - 0.05%
 
Colombia - 0.05%
 
Virgin Islands (British) - 0.03%
 
Cayman Islands - 0.03%
 
Peru - 0.02%
 
Chile - 0.02%
 
Curaçao - 0.00%
 
Middle East & Africa 0.36% -
 
South Africa - 0.18%
 
United Arab Emirates - 0.11%
 
Israel - 0.04%
 
Qatar - 0.01%
 
Saudi Arabia - 0.01%
 
Zambia - 0.01%
 
Emerging Europe 0.21% -
 
Russian Federation - 0.12%
 
Czech Republic - 0.06%
 
Turkey - 0.02%
 
Poland - 0.01%
 
Hungary - 0.00%
 
Greece - 0.00%
 
Estonia - 0.00%
 
Romania - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
18.11%
Large
 
 
7.44%
Medium
 
 
7.51%
Small
 
 
1.80%
Micro
 
 
0.37%
Non-Classified
 
 
28.33%
Bonds
 
 
26.67%
Cash
 
 
9.77%

Fixed Interest Maturity Profile

Cash And Equivalents
 
 
9.77%
> 15Yr Maturity
 
 
9.36%
Unknown Maturity
 
 
8.40%
5Yr - 10Yr Maturity
 
 
8.07%
< 5Yr Maturity
 
 
6.82%
10Yr - 15Yr Maturity
 
 
2.43%
Other Asset Types
 
 
55.16%

Fixed Interest Quality Profile

BBB
 
 
8.43%
A
 
 
5.17%
AA
 
 
1.94%
AAA
 
 
1.72%
Sub-Investment Grade
 
 
3.59%
Unknown Quality
 
 
5.81%
Cash and Equivalents
 
 
9.77%
Other Asset Types
 
 
63.55%

Top 10 Fund Holdings

Name % Weight Sector Country
1 Eastspring Developed and Emerging Asia Equity Class E 8.15% Managed Funds Managed Funds
2 Eastspring US Corporate Bond EG (Hedged) 7.15% Managed Funds Managed Funds
3 M&G Strategic Corporate Bond Class A GBP 6.22% Managed Funds Managed Funds
4 Royal London Corporate Bond Class Z 6.08% Managed Funds Managed Funds
5 M&G UK Select Class I GBP 6.02% Managed Funds Managed Funds
6 LF Prudential UK Growth QIS Class C 5.95% Managed Funds Managed Funds
7 M&G Global High Yield Bond Class X GBP 5.25% Managed Funds Managed Funds
8 Legal & General UK Property Fund C 4.12% Managed Funds Managed Funds
9 M&G Recovery Class A GBP 3.91% Managed Funds Managed Funds
10 M&G European Credit Investment Class E GBP Hedged 3.67% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 L&G FREEHOLD PROPERTY 2.85% Non-Classified Non-Classified
2 US 10YR NOTE (CBT)SEP20 1.09% Non-Classified Non-Classified
3 TAIWAN SEMICONDUCTOR MANUFACTURING 0.78% Technology Hardware & Equipment Taiwan
4 FTSE 100 IDX FUT JUN20 0.75% Non-Classified Non-Classified
5 SAMSUNG ELECTRONICS CO 0.74% Technology Hardware & Equipment South Korea
6 ASTRAZENECA 0.73% Pharmaceuticals & Biotechnology United Kingdom
7 NASDAQ 100 E-MINI JUN20 0.71% Non-Classified Non-Classified
8 EURO STOXX 50 JUN20 0.71% Non-Classified Non-Classified
9 BP 0.68% Non-Renewable Energy United Kingdom
10 HSBC HLDGS 0.55% Banks United Kingdom

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, 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 B5272G3
Mex Code PUPRLB
Isin Code GB00B5272G32
Citi Code I4E5

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.81%

Aims and Benchmark

Aims The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 14.5%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 14.5%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.
Benchmark IA Mixed Investment 40-85% shares
Benchmark Category Comparator
IA Sector Volatility Managed

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
Nisa allowable Yes
Sipp allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 November 31 December

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
3.30% 3.80%

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator Link Fund Solutions Limited
Fund Registrar Link Fund Solutions Limited
Fund Custodian State Street Bank and Trust Company

Group Details

Group name Link Fund Solutions Limited
Group address PO Box 389, DARLINGTON, DL1 9UF
Group telephone 0345 9220044
Dealing telephone 0344 3358936
Email investorservices@linkgroup.co.uk
Homepage www.linkfundsolutions.co.uk
Fax number 0113 2246001

Dealing

Minimum Investment £500
Minimum Top Up £250
Minimum Regular Saving £50
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: Financial Express (FE). 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 ongoing charges, but take no account of product charges. Ongoing charges 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 income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 FundsLibrary, 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.