Prudential Global Equity S3
Performance
Discrete performance - to latest available quarter end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | 36.3% | 7.6% | 0.9% | 10.2% | 5.9% |
| Benchmark | 31.6% | 9.5% | 2.3% | 10.6% | 7.7% |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 1 2025 |
3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
|
| Fund | 0.5% | 5.6% | 11.5% | 6.7% |
| Benchmark | 2.1% | 6.8% | 11.9% | 7.0% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 2.60 |
| HSBC HOLDINGS | 2.04 |
| UNILEVER | 1.67 |
| SHELL | 1.49 |
| GSK | 1.07 |
| BP P.L.C. | 1.05 |
| RELX | 1.05 |
| NATIONAL GRID | 1.02 |
| BARCLAYS | 1.02 |
| ROLLS-ROYCE HLDGS | 0.97 |
| Total | 13.97 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G PP Global Equity Fund - the underlying fund.
Underlying Fund Objective: The fund provides an all-equity approach to investment, holding a 55% UK equity and 45% mix of overseas company shares. For the overseas shares, the fund is actively managed against an internal composite benchmark asset allocation set by the M&G Treasury & Investment Office. It is a “fund of funds” where both active stock selection, within the underlying sector funds, and asset allocation decisions are used to add value. Derivative instruments may be used for efficient portfolio management.
Performance Objective: To outperform the internal composite benchmark by 1.0% a year (before charges) on a rolling three year basis.
Fund Manager
With access to investment professionals around the world, 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
| Daily price (06/06/2025) | 501.40 |
| Fund size (30/04/2025) | £65.11m |
| Underlying Fund size | £110.01m |
| Number of holdings | 2813 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 06/04/2001 |
Asset Allocation
| UK Equities | 51.23% | |
| International Equities | 43.63% | |
| Property | 2.15% | |
| Cash and Equivalents | 1.07% | |
| Investment Trusts | 0.23% | |
| International Bonds | 0.14% | |
| Other Assets | 1.56% |
Commentary
Performance as at Q1 2025 - Going into 2025, the global economic outlook was initially positive, but proposals for broad trade tariffs by the new US administration brought about significant economic uncertainty. Despite moderating, inflation in major economies remained above central bank targets. The Federal Reserve (Fed) opted to hold interest rates steady at 4.25% to 4.5% in the quarter, the Bank of England (BoE) cut interest rates by 0.25 percentage points to 4.5% and the European Central Bank (ECB) reduced its key interest rate twice, bringing the deposit rate to 2.5%. Global equity markets had a volatile first quarter. The fund rose slightly in the quarter and was behind the benchmark but ahead of the comparator. In absolute terms, the larger weights in European (inc UK) equity markets drove performance, with China making modest gains, while the US, Japan, India and Asia Pacific (ex Japan) detracted, all in sterling terms. The US stockmarket declined due to new tariff measures and growing concerns about valuations of big technology firms. The S&P 500 saw its most significant quarterly drop since the third quarter of 2022 (in US dollars). Notably, the ‘Magnificent Seven’ group of mega-cap US tech stocks, which have driven the market lately, were weak and lost nearly US$2 trillion in market value. The UK stockmarket started 2025 with positive momentum, but worries about President Trump’s proposed tariff plans curbed investor risk appetite towards the end of the period. The Japanese stockmarket fell in the first quarter of 2025 in local currency terms as a strong yen and fears about global growth weighed on investors’ minds. However, the strength of the currency enhanced returns for non-yen-based investors. Better performing markets in the Asia Pacific ex Japan region in the first quarter included China, South Korea and Singapore. China’s share rally was initially driven by investors piling into the country’s technology companies following the announcement of DeepSeek’s artificial intelligence (AI) breakthrough in late January. As the quarter progressed, the technology rally broadened out to other areas. Emerging market equities rose in the first quarter and outperformed the global market index. European equities made a positive start to the year with solid gains in the first quarter. Investors were encouraged by the prospect of fiscal stimulus in Germany and increased defence spending on the continent. Europe was one of the leading markets globally and outperformed the US by a wide margin. In relative terms, stockpicking in Europe (ex UK) and Asia (ex Japan) contributed, while stock picks in the UK and the US held back returns. The fund retains a slight above-index allocation to equities, comprising a diversified basket across the US, UK, Asia and global emerging markets. Central bankers and politicians have some tough decisions to make following mixed data, fiscal/policy uncertainty, and sticky inflation. In the US, concerns linked to tariffs and federal job cuts are starting to show in consumer and business surveys. Regional differentiation may continue to be an important theme, with decoupled economic cycles and trade war repercussions.
Source: M&G
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 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 intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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
| UK Equities | 51.23% | |
| International Equities | 43.63% | |
| Property | 2.15% | |
| Cash and Equivalents | 1.07% | |
| Investment Trusts | 0.23% | |
| International Bonds | 0.14% | |
| Other Assets | 1.56% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 23.29% | - | - | - | |
| Banks | - | 11.25% | - | - | |
| Banks | - | - | 11.25% | - | |
| Banks | - | - | - | 11.25% | |
| Financial Services | - | 7.08% | - | - | |
| Investment Banking & Brokerage Services | - | - | 4.95% | - | |
| Asset Managers & Custodians | - | - | - | 3.29% | |
| Investment Services | - | - | - | 1.37% | |
| Diversified Financial Services | - | - | - | 0.29% | |
| Finance & Credit Services | - | - | 1.89% | - | |
| Financial Data & Systems | - | - | - | 1.07% | |
| Consumer Lending | - | - | - | 0.49% | |
| Mortgage Finance | - | - | - | 0.33% | |
| Equity Investment Instruments | - | - | 0.23% | - | |
| Equity Investment Instruments | - | - | - | 0.23% | |
| Nonequity Investment Instruments | - | - | 0.01% | - | |
| Nonequity Investment Instruments | - | - | - | 0.01% | |
| Insurance | - | 4.97% | - | - | |
| Life Insurance | - | - | 2.68% | - | |
| Life Insurance | - | - | - | 2.68% | |
| Non-life Insurance | - | - | 2.29% | - | |
| Property & Casualty Insurance | - | - | - | 1.44% | |
| Full Line Insurance | - | - | - | 0.48% | |
| Reinsurance | - | - | - | 0.21% | |
| Insurance Brokers | - | - | - | 0.16% | |
| Industrials | 14.77% | - | - | - | |
| Industrial Goods & Services | - | 13.22% | - | - | |
| Industrial Support Services | - | - | 3.50% | - | |
| Professional Business Support Services | - | - | - | 1.37% | |
| Industrial Suppliers | - | - | - | 1.30% | |
| Business Training & Employment Agencies | - | - | - | 0.40% | |
| Transaction Processing Services | - | - | - | 0.28% | |
| Security Services | - | - | - | 0.15% | |
| Aerospace & Defence | - | - | 2.80% | - | |
| Aerospace | - | - | - | 1.40% | |
| Defense | - | - | - | 1.40% | |
| Industrial Transportation | - | - | 1.96% | - | |
| Railroads | - | - | - | 0.45% | |
| Marine Transportation | - | - | - | 0.35% | |
| Delivery Services | - | - | - | 0.32% | |
| Transportation Services | - | - | - | 0.30% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.27% | |
| Commercial Vehicles & Parts | - | - | - | 0.24% | |
| Railroad Equipment | - | - | - | 0.02% | |
| Trucking | - | - | - | 0.00% | |
| Electronic & Electrical Equipment | - | - | 1.76% | - | |
| Electrical Components | - | - | - | 0.63% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.58% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.47% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.04% | |
| Electronic Equipment: Other | - | - | - | 0.04% | |
| General Industrials | - | - | 1.74% | - | |
| Diversified Industrials | - | - | - | 1.21% | |
| Containers & Packaging | - | - | - | 0.47% | |
| Plastics | - | - | - | 0.04% | |
| Glass | - | - | - | 0.03% | |
| Paints & Coatings | - | - | - | 0.00% | |
| Industrial Engineering | - | - | 1.46% | - | |
| Machinery: Construction & Handling | - | - | - | 0.58% | |
| Machinery: Industrial | - | - | - | 0.52% | |
| Machinery: Engines | - | - | - | 0.17% | |
| Machinery: Specialty | - | - | - | 0.09% | |
| Machinery: Tools | - | - | - | 0.08% | |
| Machinery: Agricultural | - | - | - | 0.02% | |
| Construction & Materials | - | 1.55% | - | - | |
| Construction & Materials | - | - | 1.55% | - | |
| Construction | - | - | - | 0.65% | |
| Building Materials: Other | - | - | - | 0.45% | |
| Cement | - | - | - | 0.22% | |
| Building: Climate Control | - | - | - | 0.11% | |
| Engineering & Contracting Services | - | - | - | 0.08% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.04% | |
| Consumer Discretionary | 13.88% | - | - | - | |
| Retail | - | 3.92% | - | - | |
| Retailers | - | - | 3.92% | - | |
| Diversified Retailers | - | - | - | 1.92% | |
| Specialty Retailers | - | - | - | 0.92% | |
| Home Improvement Retailers | - | - | - | 0.77% | |
| Apparel Retailers | - | - | - | 0.31% | |
| Consumer Products & Services | - | 3.31% | - | - | |
| Household Goods & Home Construction | - | - | 1.49% | - | |
| Home Construction | - | - | - | 1.32% | |
| Household Appliance | - | - | - | 0.13% | |
| Household Equipment & Products | - | - | - | 0.03% | |
| Household Furnishings | - | - | - | 0.01% | |
| Leisure Goods | - | - | 0.70% | - | |
| Consumer Electronics | - | - | - | 0.25% | |
| Toys | - | - | - | 0.17% | |
| Electronic Entertainment | - | - | - | 0.17% | |
| Recreational Vehicles & Boats | - | - | - | 0.06% | |
| Photography | - | - | - | 0.03% | |
| Recreational Products | - | - | - | 0.02% | |
| Personal Goods | - | - | 0.58% | - | |
| Clothing & Accessories | - | - | - | 0.27% | |
| Luxury Items | - | - | - | 0.19% | |
| Cosmetics | - | - | - | 0.06% | |
| Footwear | - | - | - | 0.06% | |
| Consumer Services | - | - | 0.54% | - | |
| Vending & Catering Service | - | - | - | 0.43% | |
| Consumer Services: Misc. | - | - | - | 0.11% | |
| Education Services | - | - | - | 0.00% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Travel & Leisure | - | 3.17% | - | - | |
| Travel & Leisure | - | - | 3.17% | - | |
| Hotels & Motels | - | - | - | 1.21% | |
| Airlines | - | - | - | 0.70% | |
| Restaurants & Bars | - | - | - | 0.67% | |
| Travel & Tourism | - | - | - | 0.29% | |
| Casinos & Gambling | - | - | - | 0.27% | |
| Recreational Services | - | - | - | 0.04% | |
| Automobiles & Parts | - | 1.77% | - | - | |
| Automobiles & Parts | - | - | 1.77% | - | |
| Automobiles | - | - | - | 1.24% | |
| Auto Parts | - | - | - | 0.53% | |
| Media | - | 1.71% | - | - | |
| Media | - | - | 1.71% | - | |
| Media Agencies | - | - | - | 0.97% | |
| Publishing | - | - | - | 0.38% | |
| Radio & TV Broadcasters | - | - | - | 0.24% | |
| Entertainment | - | - | - | 0.12% | |
| Technology | 9.24% | - | - | - | |
| Technology | - | 9.24% | - | - | |
| Software & Computer Services | - | - | 5.93% | - | |
| Computer Services | - | - | - | 2.35% | |
| Consumer Digital Services | - | - | - | 2.08% | |
| Software | - | - | - | 1.50% | |
| Technology Hardware & Equipment | - | - | 3.31% | - | |
| Semiconductors | - | - | - | 2.14% | |
| Computer Hardware | - | - | - | 0.45% | |
| Electronic Components | - | - | - | 0.36% | |
| Production Technology Equipment | - | - | - | 0.35% | |
| Electronic Office Equipment | - | - | - | 0.02% | |
| Consumer Staples | 8.50% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 4.61% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 4.61% | - | |
| Personal Products | - | - | - | 1.82% | |
| Food Retailers & Wholesalers | - | - | - | 1.74% | |
| Nondurable Household Products | - | - | - | 0.87% | |
| Drug Retailers | - | - | - | 0.18% | |
| Food, Beverage & Tobacco | - | 3.89% | - | - | |
| Beverages | - | - | 2.16% | - | |
| Distillers & Vintners | - | - | - | 0.96% | |
| Soft Drinks | - | - | - | 0.89% | |
| Brewers | - | - | - | 0.31% | |
| Food Producers | - | - | 1.73% | - | |
| Food Products | - | - | - | 1.73% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
| Fruit & Grain Processing | - | - | - | 0.00% | |
| Health Care | 7.26% | - | - | - | |
| Health Care | - | 7.26% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 5.75% | - | |
| Pharmaceuticals | - | - | - | 5.37% | |
| Biotechnology | - | - | - | 0.38% | |
| Medical Equipment & Services | - | - | 1.07% | - | |
| Medical Equipment | - | - | - | 0.76% | |
| Medical Supplies | - | - | - | 0.28% | |
| Medical Services | - | - | - | 0.03% | |
| Health Care Providers | - | - | 0.43% | - | |
| Health Care Management Services | - | - | - | 0.27% | |
| Health Care Facilities | - | - | - | 0.12% | |
| Health Care Services | - | - | - | 0.04% | |
| Real Estate | 4.47% | - | - | - | |
| Real Estate | - | 4.47% | - | - | |
| Real Estate Investment Trusts | - | - | 2.96% | - | |
| Diversified REITs | - | - | - | 0.88% | |
| Industrial REITs | - | - | - | 0.51% | |
| Office REITs | - | - | - | 0.40% | |
| Storage REITs | - | - | - | 0.29% | |
| Residential REITs | - | - | - | 0.26% | |
| Retail REITs | - | - | - | 0.23% | |
| Health Care REITs | - | - | - | 0.21% | |
| Other Specialty REITs | - | - | - | 0.10% | |
| Timber REITs | - | - | - | 0.04% | |
| Infrastructure REITs | - | - | - | 0.03% | |
| Hotel & Lodging REITs | - | - | - | 0.01% | |
| Real Estate Investment & Services | - | - | 1.51% | - | |
| Real Estate Holding and Development | - | - | - | 0.92% | |
| Real Estate Services | - | - | - | 0.59% | |
| Energy | 4.44% | - | - | - | |
| Energy | - | 4.44% | - | - | |
| Non-Renewable Energy | - | - | 4.34% | - | |
| Integrated Oil & Gas | - | - | - | 3.12% | |
| Oil: Crude Producers | - | - | - | 0.44% | |
| Oil Refining and Marketing | - | - | - | 0.35% | |
| Pipelines | - | - | - | 0.23% | |
| Oil Equipment & Services | - | - | - | 0.19% | |
| Offshore Drilling & Other Services | - | - | - | 0.02% | |
| Coal | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.09% | - | |
| Renewable Energy Equipment | - | - | - | 0.07% | |
| Alternative Fuels | - | - | - | 0.02% | |
| Basic Materials | 4.42% | - | - | - | |
| Basic Resources | - | 3.10% | - | - | |
| Industrial Metals & Mining | - | - | 2.33% | - | |
| General Mining | - | - | - | 1.37% | |
| Iron & Steel | - | - | - | 0.47% | |
| Copper | - | - | - | 0.32% | |
| Metal Fabricating | - | - | - | 0.14% | |
| Aluminum | - | - | - | 0.02% | |
| Nonferrous Metals | - | - | - | 0.01% | |
| Precious Metals & Mining | - | - | 0.68% | - | |
| Gold Mining | - | - | - | 0.64% | |
| Platinum & Precious Metals | - | - | - | 0.05% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.08% | - | |
| Paper | - | - | - | 0.06% | |
| Diversified Materials | - | - | - | 0.02% | |
| Chemicals | - | 1.33% | - | - | |
| Chemicals | - | - | 1.33% | - | |
| Chemicals: Diversified | - | - | - | 0.82% | |
| Specialty Chemicals | - | - | - | 0.38% | |
| Fertilizers | - | - | - | 0.08% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.05% | |
| Utilities | 3.66% | - | - | - | |
| Utilities | - | 3.66% | - | - | |
| Gas, Water & Multi-utilities | - | - | 2.26% | - | |
| Multi-Utilities | - | - | - | 1.55% | |
| Water | - | - | - | 0.68% | |
| Gas Distribution | - | - | - | 0.02% | |
| Electricity | - | - | 1.33% | - | |
| Conventional Electricity | - | - | - | 1.27% | |
| Alternative Electricity | - | - | - | 0.06% | |
| Waste & Disposal Services | - | - | 0.08% | - | |
| Waste & Disposal Services | - | - | - | 0.08% | |
| Telecommunications | 3.13% | - | - | - | |
| Telecommunications | - | 3.13% | - | - | |
| Telecommunications Service Providers | - | - | 2.22% | - | |
| Telecommunications Services | - | - | - | 2.20% | |
| Cable Television Services | - | - | - | 0.02% | |
| Telecommunications Equipment | - | - | 0.90% | - | |
| Telecommunications Equipment | - | - | - | 0.90% | |
| Non-Classified | 1.73% | - | - | - | |
| Non-Classified | - | 0.81% | - | - | |
| Non-Classified | - | - | 0.81% | - | |
| Non-Classified | - | - | - | 0.81% | |
| Cash and Equivalents | 1.07% | - | - | - | |
| Bonds | 0.14% | - | - | - | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| UK | 51.17% | |
| North America | 11.69% | |
| Emerging Asia | 11.61% | |
| Developed Europe - Excl UK | 9.67% | |
| Japan | 5.45% | |
| Developed Asia | 3.37% | |
| Property | 2.17% | |
| Non-Classified | 2.28% | |
| Cash and Equivalents | 1.07% | |
| Other Regions | 1.52% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.80% | |
| Cash | 1.06% | |
| Euro | 0.13% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 51.17% | - | |
United Kingdom
|
- | 51.23% | |
| North America | 11.69% | - | |
United States
|
- | 10.46% | |
Canada
|
- | 1.23% | |
| Emerging Asia | 11.61% | - | |
China
|
- | 4.03% | |
India
|
- | 3.41% | |
South Korea
|
- | 1.61% | |
Taiwan
|
- | 1.34% | |
Indonesia
|
- | 0.58% | |
Thailand
|
- | 0.47% | |
Malaysia
|
- | 0.11% | |
Philippines
|
- | 0.06% | |
Viet Nam
|
- | 0.00% | |
| Developed Europe - Excl UK | 9.67% | - | |
Germany
|
- | 2.20% | |
France
|
- | 1.62% | |
Switzerland
|
- | 1.53% | |
Ireland
|
- | 1.15% | |
Netherlands
|
- | 0.66% | |
Spain
|
- | 0.49% | |
Denmark
|
- | 0.41% | |
Sweden
|
- | 0.41% | |
Italy
|
- | 0.30% | |
Finland
|
- | 0.27% | |
Belgium
|
- | 0.21% | |
Austria
|
- | 0.16% | |
Norway
|
- | 0.12% | |
Luxembourg
|
- | 0.11% | |
Portugal
|
- | 0.02% | |
| Japan | 5.45% | - | |
Japan
|
- | 5.45% | |
| Developed Asia | 3.37% | - | |
Hong Kong
|
- | 2.39% | |
Singapore
|
- | 0.98% | |
| Property | 2.17% | - | |
| Non-Classified | 2.28% | - | |
| Cash and Equivalents | 1.07% | - | |
| Australia & New Zealand | 0.76% | - | |
Australia
|
- | 0.73% | |
New Caledonia
|
- | 0.03% | |
| Middle East & Africa | 0.38% | - | |
Israel
|
- | 0.14% | |
South Africa
|
- | 0.11% | |
United Arab Emirates
|
- | 0.07% | |
Saudi Arabia
|
- | 0.06% | |
Egypt
|
- | 0.01% | |
| South & Central America | 0.21% | - | |
Brazil
|
- | 0.15% | |
Mexico
|
- | 0.05% | |
Chile
|
- | 0.00% | |
| Emerging Europe | 0.18% | - | |
Greece
|
- | 0.09% | |
Hungary
|
- | 0.03% | |
Poland
|
- | 0.03% | |
Turkey
|
- | 0.03% | |
Czech Republic
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
40.61% |
| Large |
|
24.15% |
| Medium |
|
19.71% |
| Small |
|
2.84% |
| Micro |
|
0.30% |
| Non-Classified |
|
11.18% |
| Bonds |
|
0.14% |
| Cash |
|
1.07% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 2.60% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | HSBC HOLDINGS | 2.04% | Banks | United Kingdom |
| 3 | UNILEVER | 1.67% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 4 | SHELL | 1.49% | Non-Renewable Energy | United Kingdom |
| 5 | GSK | 1.07% | Pharmaceuticals & Biotechnology | United Kingdom |
| 6 | BP P.L.C. | 1.05% | Non-Renewable Energy | United Kingdom |
| 7 | RELX | 1.05% | Software & Computer Services | United Kingdom |
| 8 | NATIONAL GRID | 1.02% | Gas, Water & Multi-utilities | United Kingdom |
| 9 | BARCLAYS | 1.02% | Banks | United Kingdom |
| 10 | ROLLS-ROYCE HLDGS | 0.97% | Aerospace & Defence | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 2.56% | 6.67% | - | - | - | - | - | - | 9.24% |
| Telecommunications | 0.65% | 2.48% | - | 0.13% | - | - | - | - | 3.26% |
| Financials | 13.08% | 9.99% | - | - | - | - | 0.23% | - | 23.30% |
| Real Estate | 1.26% | 1.09% | - | - | - | 2.13% | - | - | 4.47% |
| Consumer Discretionary | 7.69% | 6.19% | - | - | - | - | 0.02% | - | 13.90% |
| Consumer Staples | 5.67% | 2.83% | - | - | - | - | - | - | 8.50% |
| Energy | 2.83% | 1.61% | - | - | - | - | - | - | 4.44% |
| Utilities | 2.51% | 1.15% | - | - | - | - | - | - | 3.67% |
| Health Care | 4.45% | 2.81% | - | - | - | - | - | - | 7.26% |
| Industrials | 7.65% | 7.12% | - | - | - | - | 0.01% | - | 14.77% |
| Basic Materials | 2.79% | 1.63% | - | - | - | - | - | - | 4.42% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.07% | 1.07% |
| Non-Classified | 0.09% | 0.07% | - | - | - | 0.02% | 1.53% | - | 1.70% |
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 | 3168596 |
| Mex Code | PUGLE |
| Isin Code | GB0031685968 |
| Citi Code | P273 |
Fund Charges
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the M&G PP Global Equity Fund - the underlying fund. Underlying Fund Objective: The fund provides an all-equity approach to investment, holding a 55% UK equity and 45% mix of overseas company shares. For the overseas shares, the fund is actively managed against an internal composite benchmark asset allocation set by the M&G Treasury & Investment Office. It is a “fund of funds” where both active stock selection, within the underlying sector funds, and asset allocation decisions are used to add value. Derivative instruments may be used for efficient portfolio management. Performance Objective: To outperform the internal composite benchmark by 1.0% a year (before charges) on a rolling three year basis. |
| Benchmark | Internal composite benchmark, asset allocation set by the M&G Treasury & Investment Office (T&IO). |
| ABI Sector | 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 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.
These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.
We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.
You should also consider discussing your decision and the appropriateness of a fund's risk rating with an adviser.
Medium to Higher Risk
These funds offer a diverse geographical spread of equity investment or have multi-asset strategies with a specialist focus (e.g. ethical). The equity funds within this category will have greater overseas exposure and underlying volatility than the "medium" sector.
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Important Information
This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 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 intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.