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

31/05/14
to
31/05/15
31/05/15
to
31/05/16
31/05/16
to
31/05/17
31/05/17
to
31/05/18
31/05/18
to
31/05/19
Fund 10.4% 5.2% 8.2% -0.1% 4.6%
Sector 8.2% 4.4% 6.2% -0.8% 3.4%
Rank 9/153 24/155 7/155 26/156 9/157
Quartile 1 1 1 1 1

Annualised performance

Annualised
3 Years to
31/05/19
5 Years to
31/05/19
10 Years to
31/05/19
Fund 4.2% 5.6% 5.6%
Sector 2.9% 4.2% 4.6%
Rank 7/155 7/153 6/127
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
1½% Treasury Gilt 2026 15.28
6% Treasury Stock 2028 13.55
1 3/4 Treasury 2057 9.80
3¾% Treasury Gilt 2020 8.67
1¾% Treasury Gilt 2022 6.58
4¼% Treasury Gilt 2040 6.32
Kreditanstalt fuer Wiederaufbau 1.125% 07/12/2021 4.85
1½% Treasury Gilt 2047 4.82
2½% Treasury Gilt 2065 4.54
3¼% Treasury Gilt 2044 3.06
Total 77.47

Fund Aims

The investment strategy of the fund is to purchase units in the M&G Gilt & Fixed Interest Income Fund. The fund aims to provide income and capital growth. At least 70% of the fund is invested in short, medium or long-dated gilts according to the fund manager’s view at any given moment of the likely course of interest rates and trend of the gilt market. The fund’s exposure to gilts may be gained through the use of derivatives. Derivatives may also be used for efficient portfolio management. The fund may also invest in collective investment schemes, other transferable securities, other debt instruments, cash, near cash, other money market securities, warrants and other derivative instruments.

Fund Manager

Matthew Russell manager of the underlying fund for 3 years and 11 months

Photo of Matthew Russell Matthew Russell joined M&G in 2007 and was appointed fund manager of the M&G Short Dated Corporate Bond Fund in September 2013, having served as deputy fund manager since 2011. Matthew joined M&G as a fund managers’ assistant covering the retail fixed interest fund range. He has a BSc in economics from the University of Birmingham and is also a CFA charterholder.

Fund Overview

Bid (14/06/2019) 2161.50
Offer (14/06/2019) 2275.30
Fund size (31/03/2019) £112.12m
Underlying Fund size £518.54m
Number of holdings 29
Launch date 31/08/2004

Fund Charges

Base Annual Management Charge (AMC) 1.00%
Additional Charges 0.00%
Total Charges 1.00%

Asset Allocation

pie chart
  UK Gilts 81.27%
  International Bonds 14.66%
  UK Corporate Bonds 3.92%
  Cash and Equivalents 0.15%
Portfolio data accurate as at: 30/04/19

Important Information

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our 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 gross income reinvested. The value of your investment can go down as well as up and you may not get back the amount 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
  UK Gilts 81.27%
  International Bonds 14.66%
  UK Corporate Bonds 3.92%
  Cash and Equivalents 0.15%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 3.82% - - -
 
Banks - 2.95% - -
 
Banks - - 2.95% -
 
Banks - - - 2.95%
 
Financial Services - 0.87% - -
 
Financial Services - - 0.87% -
 
Asset Managers - - - 0.87%
 
Industrials 1.23% - - -
 
Industrial Goods & Services - 1.23% - -
 
Industrial Transportation - - 1.23% -
 
Transportation Services - - - 1.23%
 
Government 82.64% - - -
 
Government - 82.64% - -
 
Government - - 82.64% -
 
Government - - - 82.64%
 
Corporate Bonds 1.54% - - -
 
Corporate Bonds - 1.54% - -
 
Corporate Bonds - - 1.54% -
 
Corporate Bonds - - - 1.54%
 
Non-Classified 10.62% - - -
 
Cash and Equivalents 0.15% - - -

Regional Allocation

pie chart
  UK 85.19%
  Developed Europe - Excl UK 14.66%
  Cash and Equivalents 0.15%

Fixed Interest Currencies

pie chart
  Pound Sterling 98.89%
  US Dollar 0.96%
  Cash 0.15%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 85.19% -
 
United Kingdom - 85.19%
 
Developed Europe - Excl UK 14.66% -
 
Germany - 7.65%
 
Luxembourg - 4.48%
 
Finland - 2.53%
 
Cash and Equivalents 0.15% -

Fixed Interest Maturity Profile

> 15Yr Maturity
 
 
39.04%
5Yr - 10Yr Maturity
 
 
29.86%
< 5Yr Maturity
 
 
29.43%
10Yr - 15Yr Maturity
 
 
1.52%
Cash And Equivalents
 
 
0.15%

Fixed Interest Quality Profile

AA
 
 
88.69%
AAA
 
 
11.16%
Cash and Equivalents
 
 
0.15%

Top 10 Holdings

Stock % Weight Sector Country
1 1½% Treasury Gilt 2026 15.28% Bonds United Kingdom
2 6% Treasury Stock 2028 13.55% Bonds United Kingdom
3 1 3/4 Treasury 2057 9.80% Bonds United Kingdom
4 3¾% Treasury Gilt 2020 8.67% Bonds United Kingdom
5 1¾% Treasury Gilt 2022 6.58% Bonds United Kingdom
6 4¼% Treasury Gilt 2040 6.32% Bonds United Kingdom
7 Kreditanstalt fuer Wiederaufbau 1.125% 07/12/2021 4.85% Bonds Germany
8 1½% Treasury Gilt 2047 4.82% Bonds United Kingdom
9 2½% Treasury Gilt 2065 4.54% Bonds United Kingdom
10 3¼% Treasury Gilt 2044 3.06% Bonds 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 B02SQW5
Mex Code PUFXIT
Isin Code GB00B02SQW53
Citi Code ILE7

Fund Charges

Base Annual Management Charge (AMC) 1.00%
Additional Charges 0.00%
Total Charges 1.00%

Aims and Benchmark

Aims The investment strategy of the fund is to purchase units in the M&G Gilt & Fixed Interest Income Fund. The fund aims to provide income and capital growth. At least 70% of the fund is invested in short, medium or long-dated gilts according to the fund manager’s view at any given moment of the likely course of interest rates and trend of the gilt market. The fund’s exposure to gilts may be gained through the use of derivatives. Derivatives may also be used for efficient portfolio management. The fund may also invest in collective investment schemes, other transferable securities, other debt instruments, cash, near cash, other money market securities, warrants and other derivative instruments.
Benchmark FTSE UK Conventional Gilts All Stocks Index
Sector ABI UK Gilts

Ratings

FE Crown Crown Rating of 2

Important Information

Our 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). Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our 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 gross income reinvested. The value of your investment can go down as well as up and you may not get back the amount 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 (PACL), which is registered in England and Wales. This name is also used by other companies within the Prudential Group. 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.