PIA Deferred Distribution GBP Ser B

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

Performance

Discrete performance - to last month end

31/05/19
to
31/05/20
31/05/20
to
31/05/21
31/05/21
to
31/05/22
31/05/22
to
31/05/23
31/05/23
to
31/05/24
Fund -6.6% 14.2% 1.9% -7.2% 6.0%
Sector 1.4% 8.6% -2.7% -2.6% 6.7%
Rank 231/245 42/259 53/273 254/276 181/288
Quartile 4 1 1 4 3

Annualised performance

Annualised
3 Years to
31/05/24
5 Years to
31/05/24
10 Years to
31/05/24
Fund 0.1% 1.4% 2.4%
Sector 0.4% 2.2% 3.3%
Rank 141/273 146/245 121/173
Quartile 3 3 3

Top 10 Holdings

Stock % Weight
BP 3.25
HSBC HOLDINGS 3.07
ASTRAZENECA 2.26
RIO TINTO 1.95
IMPERIAL BRANDS 1.90
GSK 1.90
BRITISH AMERICAN TOBACCO 1.88
SHELL 1.85
LLOYDS BANKING GROUP 1.37
NATIONAL GRID 1.30
Total 20.73

Fund Aims

Objective: The fund aims to deliver capital growth together with reinvested income over the longer term.

Fund Investments: The fund primarily invests in UK equity funds, European (including UK) fixed income funds, UK property funds and cash. These assets are predominantly denominated in sterling.

Fund Manager

M&G Treasury & Investment Office manager for 18 years and 7 months

Photo of M&G Treasury & Investment Office 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

Bid (13/06/2024) 1.95
Offer (13/06/2024) 2.06
Fund size (30/04/2024) £5.99m
Number of holdings 732
Launch date 28/10/2005

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.31%
Yearly Total 1.61%

Asset Allocation

pie chart
  UK Equities 40.67%
  International Bonds 22.08%
  UK Corporate Bonds 12.62%
  Property 11.17%
  Cash and Equivalents 3.78%
  International Equities 3.56%
  UK Gilts 1.63%
  Investment Trusts 0.88%
  Money Market 0.87%
  Other Assets 2.75%

Commentary

Not currently available.

Portfolio data accurate as at: 30/04/24

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 the fund's currency of denomination 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 Equities 40.67%
  International Bonds 22.08%
  UK Corporate Bonds 12.62%
  Property 11.17%
  Cash and Equivalents 3.78%
  International Equities 3.56%
  UK Gilts 1.63%
  Investment Trusts 0.88%
  Money Market 0.87%
  Other Assets 2.75%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 36.32% - - -
 
Financials 14.93% - - -
 
Banks - 5.60% - -
 
Banks - - 5.60% -
 
Banks - - - 5.60%
 
Insurance - 5.30% - -
 
Life Insurance - - 3.93% -
 
Life Insurance - - - 3.93%
 
Non-life Insurance - - 1.37% -
 
Property & Casualty Insurance - - - 0.94%
 
Reinsurance - - - 0.43%
 
Financial Services - 4.04% - -
 
Investment Banking & Brokerage Services - - 3.04% -
 
Asset Managers & Custodians - - - 2.42%
 
Investment Services - - - 0.63%
 
Equity Investment Instruments - - 0.88% -
 
Equity Investment Instruments - - - 0.88%
 
Finance & Credit Services - - 0.12% -
 
Mortgage Finance - - - 0.12%
 
Property 9.42% - - -
 
Property - 9.42% - -
 
Property - - 9.42% -
 
Property - - - 9.42%
 
Energy 5.66% - - -
 
Energy - 5.66% - -
 
Non-Renewable Energy - - 5.66% -
 
Integrated Oil & Gas - - - 5.28%
 
Oil: Crude Producers - - - 0.39%
 
Consumer Staples 4.94% - - -
 
Food, Beverage & Tobacco - 3.78% - -
 
Tobacco - - 3.78% -
 
Tobacco - - - 3.78%
 
Personal Care, Drug & Grocery Stores - 1.15% - -
 
Personal Care, Drug & Grocery Stores - - 1.15% -
 
Food Retailers & Wholesalers - - - 0.59%
 
Personal Products - - - 0.57%
 
Cash and Equivalents 4.65% - - -
 
Health Care 4.16% - - -
 
Health Care - 4.16% - -
 
Pharmaceuticals & Biotechnology - - 4.16% -
 
Pharmaceuticals - - - 4.16%
 
Utilities 3.65% - - -
 
Utilities - 3.65% - -
 
Gas, Water & Multi-utilities - - 2.58% -
 
Multi-Utilities - - - 2.04%
 
Water - - - 0.54%
 
Electricity - - 1.08% -
 
Conventional Electricity - - - 1.08%
 
Consumer Discretionary 3.38% - - -
 
Media - 1.58% - -
 
Media - - 1.58% -
 
Radio & TV Broadcasters - - - 0.68%
 
Publishing - - - 0.50%
 
Media Agencies - - - 0.41%
 
Consumer Products & Services - 0.78% - -
 
Household Goods & Home Construction - - 0.56% -
 
Home Construction - - - 0.56%
 
Personal Goods - - 0.21% -
 
Clothing & Accessories - - - 0.21%
 
Travel & Leisure - 0.59% - -
 
Travel & Leisure - - 0.59% -
 
Casinos & Gambling - - - 0.59%
 
Retail - 0.43% - -
 
Retailers - - 0.43% -
 
Home Improvement Retailers - - - 0.43%
 
Basic Materials 3.37% - - -
 
Basic Resources - 3.07% - -
 
Industrial Metals & Mining - - 2.66% -
 
General Mining - - - 2.66%
 
Industrial Materials - - 0.41% -
 
Paper - - - 0.41%
 
Chemicals - 0.29% - -
 
Chemicals - - 0.29% -
 
Specialty Chemicals - - - 0.29%
 
Non-Classified 2.75% - - -
 
Non-Classified - 0.61% - -
 
Non-Classified - - 0.61% -
 
Non-Classified - - - 0.61%
 
Industrials 2.65% - - -
 
Industrial Goods & Services - 2.39% - -
 
General Industrials - - 1.03% -
 
Containers & Packaging - - - 1.03%
 
Industrial Support Services - - 0.63% -
 
Business Training & Employment Agencies - - - 0.39%
 
Professional Business Support Services - - - 0.22%
 
Transaction Processing Services - - - 0.01%
 
Industrial Engineering - - 0.38% -
 
Machinery: Specialty - - - 0.38%
 
Industrial Transportation - - 0.35% -
 
Delivery Services - - - 0.22%
 
Marine Transportation - - - 0.13%
 
Construction & Materials - 0.26% - -
 
Construction & Materials - - 0.26% -
 
Building Materials: Other - - - 0.14%
 
Construction - - - 0.08%
 
Engineering & Contracting Services - - - 0.03%
 
Real Estate 2.36% - - -
 
Real Estate - 2.36% - -
 
Real Estate Investment Trusts - - 2.09% -
 
Diversified REITs - - - 0.81%
 
Retail REITs - - - 0.39%
 
Residential REITs - - - 0.30%
 
Industrial REITs - - - 0.25%
 
Office REITs - - - 0.24%
 
Other Specialty REITs - - - 0.10%
 
Real Estate Investment & Services - - 0.28% -
 
Real Estate Holding and Development - - - 0.28%
 
Telecommunications 1.37% - - -
 
Telecommunications - 1.37% - -
 
Telecommunications Service Providers - - 1.37% -
 
Telecommunications Services - - - 1.37%
 
Technology 0.40% - - -
 
Technology - 0.40% - -
 
Software & Computer Services - - 0.40% -
 
Consumer Digital Services - - - 0.40%

Regional Allocation

pie chart
  UK 55.88%
  Developed Europe - Excl UK 12.04%
  Property 11.17%
  North America 8.43%
  Non-Classified 6.38%
  Cash and Equivalents 4.65%
  South & Central America 0.44%
  Emerging Asia 0.29%
  Developed Asia 0.28%
  Other Regions 0.44%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 59.90%
  Pound Sterling 34.86%
  Cash 3.78%
  US Dollar 0.81%
  Euro 0.64%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 55.88% -
 
United Kingdom - 54.91%
 
Isle of Man - 0.59%
 
Guernsey - 0.38%
 
Developed Europe - Excl UK 12.04% -
 
France - 4.42%
 
Netherlands - 1.62%
 
Germany - 1.59%
 
Luxembourg - 1.10%
 
Finland - 0.59%
 
Switzerland - 0.54%
 
Sweden - 0.52%
 
Spain - 0.35%
 
Denmark - 0.33%
 
Norway - 0.32%
 
Italy - 0.30%
 
Ireland - 0.28%
 
Belgium - 0.07%
 
Property 11.17% -
 
North America 8.43% -
 
United States - 7.00%
 
Canada - 1.00%
 
Bermuda - 0.43%
 
Non-Classified 6.38% -
 
Cash and Equivalents 4.65% -
 
South & Central America 0.44% -
 
Mexico - 0.44%
 
Emerging Asia 0.29% -
 
Philippines - 0.29%
 
Developed Asia 0.28% -
 
Singapore - 0.15%
 
Hong Kong - 0.13%
 
Australia & New Zealand 0.20% -
 
Australia - 0.20%
 
Japan 0.15% -
 
Japan - 0.15%
 
Middle East & Africa 0.09% -
 
United Arab Emirates - 0.09%

Breakdown By Market Cap (%)

Mega
 
 
17.17%
Large
 
 
6.29%
Medium
 
 
7.65%
Small
 
 
2.79%
Micro
 
 
0.29%
Non-Classified
 
 
24.85%
Bonds
 
 
36.32%
Cash
 
 
4.65%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
16.84%
5Yr - 10Yr Maturity
 
 
9.57%
10Yr - 15Yr Maturity
 
 
3.22%
> 15Yr Maturity
 
 
6.68%
Cash And Equivalents
 
 
4.65%
Unknown Maturity
 
 
2.13%
Other Asset Types
 
 
56.90%

Fixed Interest Quality Profile

AAA
 
 
5.00%
AA
 
 
5.97%
A
 
 
10.28%
BBB
 
 
11.95%
Sub-Investment Grade
 
 
0.23%
Unknown Quality
 
 
2.90%
Cash and Equivalents
 
 
4.65%
Other Asset Types
 
 
59.03%

Fund Holdings

Name % Weight Sector Country
1 M&G Dividend Class C GBP 46.44% Managed Funds Managed Funds
2 M&G (1) Sterling Investment Grade Corporate Bond Class Z2A GBP 39.07% Managed Funds Managed Funds
3 M&G Feeder of Property Portfolio Class A GBP 12.79% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 BP 3.25% Non-Renewable Energy United Kingdom
2 HSBC HOLDINGS 3.07% Banks United Kingdom
3 ASTRAZENECA 2.26% Pharmaceuticals & Biotechnology United Kingdom
4 RIO TINTO 1.95% Industrial Metals & Mining United Kingdom
5 IMPERIAL BRANDS 1.90% Tobacco United Kingdom
6 GSK 1.90% Pharmaceuticals & Biotechnology United Kingdom
7 BRITISH AMERICAN TOBACCO 1.88% Tobacco United Kingdom
8 SHELL 1.85% Non-Renewable Energy United Kingdom
9 LLOYDS BANKING GROUP 1.37% Banks United Kingdom
10 NATIONAL GRID 1.30% Gas, Water & Multi-utilities United Kingdom

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 B0MSS85
Mex Code SBPDEF
Isin Code IE00B0MSS858
Citi Code TJ78

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.31%
Yearly Total 1.61%

Aims and Benchmark

Aims Objective: The fund aims to deliver capital growth together with reinvested income over the longer term. Fund Investments: The fund primarily invests in UK equity funds, European (including UK) fixed income funds, UK property funds and cash. These assets are predominantly denominated in sterling.
Benchmark Variable
Sector OI Mixed Investment 20-60% Shares

Ratings

FE Crown Crown Rating of 3

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 the fund's currency of denomination 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.

The registered office of Prudential International is in Ireland at Fitzwilliam Court, Leeson Cl, Dublin 2, D02 TC95. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.