Prudential Ex-DSF M&G Gilt & Fixed Interest Income

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

Performance

Discrete performance - to last month end

30/04/16
to
30/04/17
30/04/17
to
30/04/18
30/04/18
to
30/04/19
30/04/19
to
30/04/20
30/04/20
to
30/04/21
Fund 8.4% -0.6% 3.5% 13.4% -7.5%
Sector 6.9% -1.8% 2.5% 13.4% -8.3%
Rank 10/155 7/156 16/157 79/159 31/162
Quartile 1 1 1 2 1

Annualised performance

Annualised
3 Years to
30/04/21
5 Years to
30/04/21
10 Years to
30/04/21
Fund 2.8% 3.2% 4.6%
Sector 2.2% 2.3% 3.7%
Rank 40/157 20/155 12/134
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
⅝% Treasury Gilt 2035 19.07
¼% Treasury Gilt 2031 14.48
⅛% Treasury Gilt 2024 12.89
1¼% Treasury Gilt 2051 11.66
3¾% Treasury Gilt 2021 7.09
1¼% Treasury Gilt 2027 5.81
⅝% Treasury Gilt 2050 5.67
KFW 1.125000% 07/12/2021 5.29
⅛% Treasury Gilt 2026 4.18
4¼% Treasury Stock 2032 3.73
Total 89.86

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G Gilt & Fixed Interest Income Fund - the underlying fund.

Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE UK Conventional Gilts All Stocks Index over any five-year period. At least 70% of the fund is invested, directly or indirectly through derivatives, in investment grade short, medium and long-dated gilts. These securities are issued or guaranteed by the UK government, and denominated in sterling. Other investments may include transferable securities, cash, and near cash, directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for investment purposes, efficient portfolio management and hedging.

Fund Manager

Miles Tym manager of the underlying fund for 0 years and 6 months

Photo of Miles Tym Miles Tym joined M&G Investments in January 2009 as a senior portfolio manager specialising in government bond and macro fixed income mandates. Before joining the investment management industry in 1996, Miles worked briefly as an accountant and a trader on the LIFFE floor. He spent the next eight years of his career managing both government and corporate bond portfolios for Alliance Capital. In 2004, Miles joined Morley with a brief to specialise in government bond portfolios. He graduated from Cambridge University in 1993 with a BA Hons in Economics.

Fund Overview

Bid (14/05/2021) 2180.90
Offer (14/05/2021) 2295.60
Fund size (30/03/2021) £112.45m
Underlying Fund size £534.82m
Number of holdings 19
Launch date 31/08/2004

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.00%
Yearly Total 1.00%

Asset Allocation

pie chart
  UK Gilts 91.58%
  International Bonds 7.11%
  UK Corporate Bonds 0.84%
  Money Market 0.83%
  Cash and Equivalents -0.36%
Portfolio data accurate as at: 30/04/21

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 GBP with gross 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 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
  UK Gilts 91.58%
  International Bonds 7.11%
  UK Corporate Bonds 0.84%
  Money Market 0.83%
  Cash and Equivalents -0.36%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 99.53% - - -
 
Non-Classified 0.83% - - -
 
Cash and Equivalents -0.36% - - -

Regional Allocation

pie chart
  UK 92.42%
  Developed Europe - Excl UK 7.11%
  Cash and Equivalents 0.47%

Fixed Interest Currencies

pie chart
  Pound Sterling 99.53%
  Non-Fixed Interest Assets 0.83%
  Cash -0.36%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 92.42% -
 
United Kingdom - 92.42%
 
Developed Europe - Excl UK 7.11% -
 
Germany - 5.96%
 
Finland - 1.15%
 
Cash and Equivalents 0.47% -

Top 10 Holdings

Stock % Weight Sector Country
1 ⅝% Treasury Gilt 2035 19.07% Bonds United Kingdom
2 ¼% Treasury Gilt 2031 14.48% Bonds United Kingdom
3 ⅛% Treasury Gilt 2024 12.89% Bonds United Kingdom
4 1¼% Treasury Gilt 2051 11.66% Bonds United Kingdom
5 3¾% Treasury Gilt 2021 7.09% Bonds United Kingdom
6 1¼% Treasury Gilt 2027 5.81% Bonds United Kingdom
7 ⅝% Treasury Gilt 2050 5.67% Bonds United Kingdom
8 KFW 1.125000% 07/12/2021 5.29% Bonds Germany
9 ⅛% Treasury Gilt 2026 4.18% Bonds United Kingdom
10 4¼% Treasury Stock 2032 3.73% Bonds United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Cash and Equivalents - - - - - - - -0.36% -0.36%
Bonds - - 0.84% 7.11% 91.58% - - - 99.53%
Non-Classified - - - - - - 0.83% - 0.83%

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 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 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 B02SQW5
Mex Code PUFXIT
Isin Code GB00B02SQW53
Citi Code ILE7

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.00%
Yearly Total 1.00%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G Gilt & Fixed Interest Income Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE UK Conventional Gilts All Stocks Index over any five-year period. At least 70% of the fund is invested, directly or indirectly through derivatives, in investment grade short, medium and long-dated gilts. These securities are issued or guaranteed by the UK government, and denominated in sterling. Other investments may include transferable securities, cash, and near cash, directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for investment purposes, efficient portfolio management and hedging.
Benchmark FTSE Actuaries UK Index-Linked Gilts All Stocks Index’
ABI Sector UK Gilts

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 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 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 GBP with gross 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 Broadridge, 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.