Prudential BlackRock Aquila UK Equity Index S3

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

Performance

Discrete performance - to latest available quarter end

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
30/06/20
to
30/06/21
Fund 18.6% 8.6% 2.3% -12.8% 21.0%
Benchmark 18.1% 9.0% 0.6% -13.0% 21.5%

Performance - to latest available quarter end

Quarter Annualised
2
2021
3 Years to
30/06/21
5 Years to
30/06/21
10 Years to
30/06/21
Fund 5.2% 2.6% 6.8% 6.4%
Benchmark 5.6% 2.0% 6.5% 6.4%

Top 10 Holdings

Stock % Weight
UNILEVER 4.47
ASTRAZENECA 4.21
HSBC HLDGS 3.84
DIAGEO 3.10
GLAXOSMITHKLINE 2.75
RIO TINTO 2.74
BRITISH AMERICAN TOBACCO 2.55
BP 2.50
ROYAL DUTCH SHELL 2.33
ROYAL DUTCH SHELL 2.00
Total 30.49

Fund Aims

Objective:The investment strategy of the fund is to purchase units in the BlackRock Aquila Life UK Equity Index Fund - the underlying fund.

Underlying Fund Objective: The fund invests in the shares of UK companies and aims to achieve a return that is consistent with the return of the FTSE All-Share Index.

Fund Manager

Team Managed manager of the underlying fund for 26 years and 9 months

Photo of Team Managed Team Managed

Fund Overview

Daily price (20/07/2021) 1155.90
Fund size (31/05/2021) £7.12m
Underlying Fund size £4460.25m
Number of holdings 798
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 07/06/2001

Asset Allocation

pie chart
  UK Equities 84.20%
  International Equities 5.42%
  Investment Trusts 5.32%
  Property 1.64%
  Cash and Equivalents 0.82%
  Alternative Trading Strategies 0.24%
  International Bonds 0.10%
  UK Corporate Bonds 0.01%
  Other Assets 2.25%

Performance comment

Performance as at Q1 2021 - Weekly new Covid infection rates across the UK remained subdued throughout March as the country’s vaccination rollout kept a swift pace. Over 31.1 million first doses were administered as of 31st March. As vaccination targets remained on track, the UK continued its gradual reopening of the UK’s economy. Stage 1 saw all pupils returned to school early in the month, paving the road for stage 2 to follow on 12th April.

March’s UK composite purchasing managers’ index (“PMI”) of 56.4 recorded a significant increase from previous months reading of 49.6. Service PMI recorded a notable improvement of 56.8, alongside a lower manufacturing figure of 55.6. The reading signaled decreasing bifurcation between the service and manufacturing sectors for the first time since the beginning of the pandemic in February 2020.

UK retail sales volume increased only moderately in February by 2.1% as COVID restrictions hindered sales. As a result of the subsided activity, sales volume was 3.7% yoy lower compared with pre-lockdown levels. Non-food stores contributed most to the monthly growth in both amount spent and quantity purchased, with solid increases in volume of 16.2% and 16.1% across department stores and household goods, respectively. The proportion spent online increased to a record 36.1% in February, reflecting pent up demand and changing consumer behaviour.

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 0.7% in February, a decrease of 20 basis points, from 0.9% in January. The largest contribution came from transport, followed closely by recreation and culture. During the initial lockdown many CPIH items were not available to UK consumers. In February the amount unavailable stood at 69 items or 8.3% of the basket. The 30-year UK breakeven rate stood at 3.33% at the end of March.

Source: BlackRock

Important Information

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  UK Equities 84.20%
  International Equities 5.42%
  Investment Trusts 5.32%
  Property 1.64%
  Cash and Equivalents 0.82%
  Alternative Trading Strategies 0.24%
  International Bonds 0.10%
  UK Corporate Bonds 0.01%
  Other Assets 2.25%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 21.31% - - -
 
Financial Services - 9.66% - -
 
Equity Investment Instruments - - 5.34% -
 
Equity Investment Instruments - - - 5.34%
 
Investment Banking & Brokerage Services - - 3.04% -
 
Asset Managers & Custodians - - - 2.64%
 
Investment Services - - - 0.33%
 
Diversified Financial Services - - - 0.07%
 
Finance & Credit Services - - 1.28% -
 
Financial Data & Systems - - - 1.11%
 
Consumer Lending - - - 0.09%
 
Mortgage Finance - - - 0.07%
 
Banks - 7.63% - -
 
Banks - - 7.63% -
 
Banks - - - 7.63%
 
Insurance - 4.02% - -
 
Life Insurance - - 3.19% -
 
Life Insurance - - - 3.19%
 
Non-life Insurance - - 0.83% -
 
Property & Casualty Insurance - - - 0.72%
 
Full Line Insurance - - - 0.11%
 
Consumer Staples 14.97% - - -
 
Personal Care, Drug & Grocery Stores - 7.73% - -
 
Personal Care, Drug & Grocery Stores - - 7.73% -
 
Personal Products - - - 4.50%
 
Nondurable Household Products - - - 1.70%
 
Food Retailers & Wholesalers - - - 1.54%
 
Food, Beverage & Tobacco - 7.24% - -
 
Beverages - - 3.44% -
 
Distillers & Vintners - - - 3.15%
 
Soft Drinks - - - 0.30%
 
Tobacco - - 3.13% -
 
Tobacco - - - 3.13%
 
Food Producers - - 0.67% -
 
Food Products - - - 0.65%
 
Farming, Fishing, Ranching & Plantations - - - 0.01%
 
Consumer Discretionary 12.09% - - -
 
Travel & Leisure - 3.61% - -
 
Travel & Leisure - - 3.61% -
 
Casinos & Gambling - - - 1.59%
 
Hotels & Motels - - - 0.67%
 
Airlines - - - 0.60%
 
Travel & Tourism - - - 0.42%
 
Restaurants & Bars - - - 0.29%
 
Recreational Services - - - 0.04%
 
Consumer Products & Services - 3.54% - -
 
Household Goods & Home Construction - - 1.73% -
 
Home Construction - - - 1.72%
 
Household Furnishings - - - 0.01%
 
Consumer Services - - 1.18% -
 
Vending & Catering Service - - - 1.17%
 
Funeral Parlors & Cemetery - - - 0.01%
 
Education Services - - - 0.01%
 
Personal Goods - - 0.47% -
 
Clothing & Accessories - - - 0.35%
 
Footwear - - - 0.07%
 
Luxury Items - - - 0.05%
 
Leisure Goods - - 0.15% -
 
Toys - - - 0.14%
 
Photography - - - 0.01%
 
Recreational Products - - - 0.00%
 
Media - 2.86% - -
 
Media - - 2.86% -
 
Publishing - - - 1.71%
 
Media Agencies - - - 0.97%
 
Radio & TV Broadcasters - - - 0.19%
 
Retail - 2.00% - -
 
Retailers - - 2.00% -
 
Diversified Retailers - - - 0.75%
 
Home Improvement Retailers - - - 0.73%
 
Specialty Retailers - - - 0.31%
 
Apparel Retailers - - - 0.21%
 
Automobiles & Parts - 0.08% - -
 
Automobiles & Parts - - 0.08% -
 
Automobiles - - - 0.05%
 
Auto Parts - - - 0.03%
 
Industrials 11.84% - - -
 
Industrial Goods & Services - 10.45% - -
 
Industrial Support Services - - 4.25% -
 
Professional Business Support Services - - - 2.33%
 
Industrial Suppliers - - - 1.60%
 
Business Training & Employment Agencies - - - 0.22%
 
Transaction Processing Services - - - 0.08%
 
Forms & Bulk Printing Services - - - 0.01%
 
Security Services - - - 0.01%
 
General Industrials - - 1.98% -
 
Containers & Packaging - - - 1.02%
 
Diversified Industrials - - - 0.96%
 
Aerospace & Defence - - 1.40% -
 
Defense - - - 0.93%
 
Aerospace - - - 0.47%
 
Industrial Transportation - - 1.14% -
 
Commercial Vehicle-Equipment Leasing - - - 0.91%
 
Delivery Services - - - 0.18%
 
Marine Transportation - - - 0.03%
 
Transportation Services - - - 0.01%
 
Trucking - - - 0.00%
 
Electronic & Electrical Equipment - - 1.07% -
 
Electronic Equipment: Gauges & Meters - - - 0.54%
 
Electronic Equipment: Control & Filter - - - 0.30%
 
Electrical Components - - - 0.22%
 
Electronic Equipment: Other - - - 0.00%
 
Industrial Engineering - - 0.61% -
 
Machinery: Industrial - - - 0.36%
 
Machinery: Construction & Handling - - - 0.20%
 
Machinery: Specialty - - - 0.05%
 
Construction & Materials - 1.39% - -
 
Construction & Materials - - 1.39% -
 
Cement - - - 1.15%
 
Construction - - - 0.12%
 
Building Materials: Other - - - 0.06%
 
Building, Roofing/Wallboard & Plumbing - - - 0.05%
 
Engineering & Contracting Services - - - 0.01%
 
Basic Materials 9.36% - - -
 
Basic Resources - 8.50% - -
 
Industrial Metals & Mining - - 8.10% -
 
General Mining - - - 7.52%
 
Copper - - - 0.27%
 
Iron & Steel - - - 0.20%
 
Metal Fabricating - - - 0.11%
 
Precious Metals & Mining - - 0.39% -
 
Gold Mining - - - 0.37%
 
Platinum & Precious Metals - - - 0.02%
 
Industrial Materials - - 0.00% -
 
Diversified Materials - - - 0.00%
 
Chemicals - 0.86% - -
 
Chemicals - - 0.86% -
 
Chemicals: Diversified - - - 0.73%
 
Specialty Chemicals - - - 0.12%
 
Health Care 8.41% - - -
 
Health Care - 8.41% - -
 
Pharmaceuticals & Biotechnology - - 7.55% -
 
Pharmaceuticals - - - 7.37%
 
Biotechnology - - - 0.18%
 
Medical Equipment & Services - - 0.71% -
 
Medical Equipment - - - 0.57%
 
Medical Supplies - - - 0.14%
 
Health Care Providers - - 0.15% -
 
Health Care: Misc. - - - 0.09%
 
Health Care Facilities - - - 0.05%
 
Health Care Services - - - 0.01%
 
Energy 7.05% - - -
 
Energy - 7.05% - -
 
Non-Renewable Energy - - 7.05% -
 
Integrated Oil & Gas - - - 6.83%
 
Oil: Crude Producers - - - 0.14%
 
Oil Equipment & Services - - - 0.08%
 
Non-Classified 4.33% - - -
 
Non-Classified - 2.19% - -
 
Non-Classified - - 2.19% -
 
Non-Classified - - - 2.19%
 
Utilities 2.92% - - -
 
Utilities - 2.92% - -
 
Gas, Water & Multi-utilities - - 2.17% -
 
Multi-Utilities - - - 1.48%
 
Water - - - 0.69%
 
Electricity - - 0.72% -
 
Conventional Electricity - - - 0.72%
 
Waste & Disposal Services - - 0.03% -
 
Waste & Disposal Services - - - 0.03%
 
Real Estate 2.65% - - -
 
Real Estate - 2.65% - -
 
Real Estate Investment Trusts - - 2.17% -
 
Diversified REITs - - - 0.69%
 
Industrial REITs - - - 0.50%
 
Office REITs - - - 0.26%
 
Residential REITs - - - 0.22%
 
Health Care REITs - - - 0.16%
 
Storage REITs - - - 0.15%
 
Other Specialty REITs - - - 0.13%
 
Retail REITs - - - 0.06%
 
Real Estate Investment & Services - - 0.49% -
 
Real Estate Services - - - 0.29%
 
Real Estate Holding and Development - - - 0.19%
 
Telecommunications 2.28% - - -
 
Telecommunications - 2.28% - -
 
Telecommunications Service Providers - - 2.21% -
 
Telecommunications Services - - - 2.21%
 
Telecommunications Equipment - - 0.06% -
 
Telecommunications Equipment - - - 0.06%
 
Technology 1.62% - - -
 
Technology - 1.62% - -
 
Software & Computer Services - - 1.60% -
 
Consumer Digital Services - - - 0.70%
 
Software - - - 0.70%
 
Computer Services - - - 0.20%
 
Technology Hardware & Equipment - - 0.02% -
 
Electronic Components - - - 0.01%
 
Computer Hardware - - - 0.00%
 
Semiconductors - - - 0.00%
 
Cash and Equivalents 0.82% - - -
 
Alternative Trading Strategies 0.24% - - -
 
Alternative Trading Strategies - 0.24% - -
 
Alternative Trading Strategies - - 0.24% -
 
Alternative Trading Strategies - - - 0.24%
 
Bonds 0.11% - - -

Regional Allocation

pie chart
  UK 84.18%
  Non-Classified 8.92%
  Developed Europe - Excl UK 4.32%
  Property 1.64%
  Cash and Equivalents 0.82%
  Middle East & Africa 0.06%
  Developed Asia 0.04%
  North America 0.01%
  Japan 0.01%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.07%
  Cash 0.82%
  Pound Sterling 0.11%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 84.18% -
 
United Kingdom - 84.21%
 
Non-Classified 8.92% -
 
Developed Europe - Excl UK 4.32% -
 
Ireland - 3.05%
 
Netherlands - 0.42%
 
Spain - 0.31%
 
Luxembourg - 0.21%
 
Switzerland - 0.21%
 
Germany - 0.13%
 
France - 0.00%
 
Sweden - 0.00%
 
Finland - 0.00%
 
Property 1.64% -
 
Cash and Equivalents 0.82% -
 
Middle East & Africa 0.06% -
 
Israel - 0.06%
 
Developed Asia 0.04% -
 
Singapore - 0.04%
 
North America 0.01% -
 
United States - 0.01%
 
Canada - 0.00%
 
Japan 0.01% -
 
Japan - 0.01%

Breakdown By Market Cap (%)

Mega
 
 
53.07%
Large
 
 
22.60%
Medium
 
 
14.52%
Small
 
 
3.29%
Micro
 
 
0.49%
Non-Classified
 
 
5.10%
Bonds
 
 
0.11%
Cash
 
 
0.82%

Top 10 Holdings

Stock % Weight Sector Country
1 UNILEVER 4.47% Personal Care, Drug & Grocery Stores United Kingdom
2 ASTRAZENECA 4.21% Pharmaceuticals & Biotechnology United Kingdom
3 HSBC HLDGS 3.84% Banks United Kingdom
4 DIAGEO 3.10% Beverages United Kingdom
5 GLAXOSMITHKLINE 2.75% Pharmaceuticals & Biotechnology United Kingdom
6 RIO TINTO 2.74% Industrial Metals & Mining United Kingdom
7 BRITISH AMERICAN TOBACCO 2.55% Tobacco United Kingdom
8 BP 2.50% Non-Renewable Energy United Kingdom
9 ROYAL DUTCH SHELL 2.33% Non-Renewable Energy United Kingdom
10 ROYAL DUTCH SHELL 2.00% Non-Renewable Energy United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 1.25% 0.37% - - - - - - 1.62%
Telecommunications 2.27% 0.01% - - - - - - 2.28%
Financials 15.91% 0.08% - - - - 5.32% - 21.31%
Real Estate 1.02% - - - - 1.63% - - 2.65%
Consumer Discretionary 10.44% 1.66% - - - - - - 12.09%
Consumer Staples 14.70% 0.27% - - - - - - 14.97%
Energy 7.05% - - - - - - - 7.05%
Utilities 2.92% - - - - - - - 2.92%
Health Care 8.32% 0.09% - - - - - - 8.41%
Industrials 9.93% 1.91% - - - - - - 11.84%
Basic Materials 9.31% 0.05% - - - - - - 9.36%
Cash and Equivalents - - - - - - - 0.82% 0.82%
Bonds - - 0.01% 0.10% - - - - 0.11%
Non-Classified 1.08% 0.99% - - - 0.01% 2.49% - 4.57%

Important Information

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Identification Codes

Sedol Code B08ZTQ5
Mex Code PUGIU
Isin Code GB00B08ZTQ53
Citi Code UO47

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 BlackRock Aquila Life UK Equity Index Fund - the underlying fund. Underlying Fund Objective: The fund invests in the shares of UK companies and aims to achieve a return that is consistent with the return of the FTSE All-Share Index.
Benchmark FTSE All-Share Index
Sector ABI UK All Companies

Important Information

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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.

  • Higher Risk
  • Medium to Higher Risk
  • Medium Risk
  • Lower to Medium Risk
  • Lower Risk
  • Minimal Risk

Higher Risk

These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.

Help

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

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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.