Prudential Long Term Growth Passive 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

30/06/17
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
30/06/21
to
30/06/22
Fund 7.6% 5.3% -4.6% 23.8% -3.6%
Benchmark 7.9% 5.2% -3.3% 23.5% -3.9%

Performance - to latest available quarter end

Quarter Annualised
2
2022
3 Years to
30/06/22
5 Years to
30/06/22
10 Years to
30/06/22
Fund -6.5% 4.4% 5.2% 8.9%
Benchmark -6.4% 4.7% 5.4% 9.0%

Top 10 Holdings

Stock % Weight
ASTRAZENECA 2.86
SHELL 2.74
HSBC HLDGS 1.85
TAIWAN SEMICONDUCTOR MANUFACTURING CO. 1.64
UNILEVER 1.62
GLAXOSMITHKLINE 1.51
BRITISH AMERICAN TOBACCO 1.37
DIAGEO 1.36
BP 1.27
RIO TINTO 1.16
Total 17.37

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G PP Long Term Growth Passive Fund - the underlying fund.

Underlying Fund Objective: The fund invests, via other M&G PP funds, in the shares of companies around the world against a benchmark of 40% UK equities and 60% overseas (in fixed proportions). It is a “fund of funds” and both the proportions invested in each region and investments in each region are passively managed except for emerging markets which are actively managed. The split between the UK and overseas regions may be reviewed from time to time.

Performance Objective: To match the performance of the benchmark as closely as possible.

Fund Manager

M&G Treasury & Investment Office manager of the underlying fund for 21 years and 7 months

Photo of M&G Treasury & Investment Office With access to investment professionals around the world and assets under management of £178bn, 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 (10/08/2022) 433.20
Fund size (30/06/2022) £26.07m
Underlying Fund size £0.00m
Number of holdings 3199
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 30/04/2002

Asset Allocation

pie chart
  International Equities 54.96%
  UK Equities 31.77%
  Cash and Equivalents 5.93%
  Investment Trusts 2.00%
  Property 1.55%
  International Bonds 0.11%
  Money Market 0.03%
  Alternative Trading Strategies 0.02%
  UK Corporate Bonds 0.00%
  Other Assets 3.62%

Commentary

Performance as at Q1 2022 - Global inflationary fears and Russia's invasion of Ukraine dominated global financial markets during the quarter.

The UK stockmarket, led by the FTSE 100 larger companies index, was remarkably resilient in a difficult start to the year, ending just in positive territory for a sixth-successive quarter and ahead of the major regional equity markets in local currency terms. Investors fretted about a sharp uptick in inflation, to 6.2%, caused by surging commodity prices and supply disruptions, leading bond yields to spike in anticipation of tighter monetary policy. The Bank of England duly raised interest rates twice to 0.75%.

The war in Ukraine and its consequences weighed heavily on European equities in the first quarter. They fell and lagged other major markets and regions. Concerns about inflation, driven in part by surging commodities prices as a result of the Russian invasion, and rising interest rates dampened investor sentiment. Austria was one of the weakest markets due to its relative proximity to the conflict. Share prices in Ireland and the Netherlands also fell sharply. In contrast, Norway, an oil producing nation, was the standout performer. Switzerland's stockmarket was relatively resilient too. Sector-wise, energy led the way as oil prices rallied. Financials and healthcare also outperformed the broader market, while consumer discretionary and information technology underperformed.

US investors had many reasons to be wary of holding shares in the first quarter of 2022. Inflation hit levels not seen for 40 years, prompting the Federal Reserve to raise interest rates for the first time since 2018, with more hikes predicted, and events in Ukraine caused additional nervousness. US stockmarkets fell during the quarter, with falls led by the technology-dominated Nasdaq, although losses were reduced by strong rallies late in March. Sector-wise, the biggest falls were suffered by technology and consumer discretionary companies, while energy producers rallied strongly, helped by surging oil prices.

Asia Pacific ex Japan performed broadly in line with other world markets, although once again its largest constituent market, China, performed poorly. China has stuck to a strict 'zero-COVID' approach and, along with uncertainty in its property sector, this has hurt economic growth. The South Korean stockmarket (with its large weighting in technology stocks) was also a notable laggard. Better-performing stockmarkets included Indonesia and Australia, both resource-rich countries which benefited from higher commodity prices. Healthcare and consumer discretionary stocks also underperformed, while energy and materials stocks outperformed on the back of higher oil and commodity prices, respectively. Bank shares rose on the back of expectations of higher interest rates, which can improve profitability.

The Japanese stockmarket fell in the first quarter and lagged the MSCI World Index. Fears of an economic slowdown in China (one of Japan's largest trading partners) continue to weigh on investors' minds; however, the recent reporting season (for the quarter ending December 2021) in Japan, has generally produced positive surprises. Over the quarter, the better-performing sectors included utilities, communication services and financials. Conversely, healthcare and technology lagged the broader market.

Emerging market equities had a tough first quarter, with the worries about interest rate rises in the US and the war in Ukraine unsettling investors. Russia's stockmarket and currency tumbled as a result of the war and Western sanctions. Hungary and Poland also declined, given their proximity to the conflict. Chinese shares were dragged down by concerns about rising COVID-19 cases and the economic outlook. Commodity producing nations, notably in Latin America, fared better, benefiting from surging energy and materials prices.

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: 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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

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
  International Equities 54.96%
  UK Equities 31.77%
  Cash and Equivalents 5.93%
  Investment Trusts 2.00%
  Property 1.55%
  International Bonds 0.11%
  Money Market 0.03%
  Alternative Trading Strategies 0.02%
  UK Corporate Bonds 0.00%
  Other Assets 3.62%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 17.83% - - -
 
Banks - 8.46% - -
 
Banks - - 8.46% -
 
Banks - - - 8.46%
 
Financial Services - 5.64% - -
 
Investment Banking & Brokerage Services - - 2.76% -
 
Asset Managers & Custodians - - - 1.22%
 
Investment Services - - - 0.82%
 
Diversified Financial Services - - - 0.71%
 
Equity Investment Instruments - - 2.02% -
 
Equity Investment Instruments - - - 2.02%
 
Finance & Credit Services - - 0.85% -
 
Financial Data & Systems - - - 0.58%
 
Mortgage Finance - - - 0.22%
 
Consumer Lending - - - 0.05%
 
Mortgage Real Estate Investment Trusts - - 0.01% -
 
Mortgage REITs: Residential - - - 0.01%
 
Mortgage REITs: Diversified - - - 0.00%
 
Nonequity Investment Instruments - - 0.00% -
 
Nonequity Investment Instruments - - - 0.00%
 
Insurance - 3.73% - -
 
Life Insurance - - 2.01% -
 
Life Insurance - - - 2.01%
 
Non-life Insurance - - 1.72% -
 
Property & Casualty Insurance - - - 0.90%
 
Full Line Insurance - - - 0.58%
 
Reinsurance - - - 0.16%
 
Insurance Brokers - - - 0.07%
 
Industrials 11.53% - - -
 
Industrial Goods & Services - 10.00% - -
 
Industrial Support Services - - 2.41% -
 
Professional Business Support Services - - - 1.04%
 
Transaction Processing Services - - - 0.60%
 
Industrial Suppliers - - - 0.45%
 
Business Training & Employment Agencies - - - 0.22%
 
Security Services - - - 0.07%
 
Forms & Bulk Printing Services - - - 0.02%
 
General Industrials - - 2.00% -
 
Diversified Industrials - - - 1.26%
 
Containers & Packaging - - - 0.52%
 
Plastics - - - 0.13%
 
Paints & Coatings - - - 0.05%
 
Glass - - - 0.04%
 
Industrial Transportation - - 1.97% -
 
Transportation Services - - - 0.50%
 
Railroads - - - 0.39%
 
Marine Transportation - - - 0.29%
 
Commercial Vehicle-Equipment Leasing - - - 0.27%
 
Delivery Services - - - 0.22%
 
Commercial Vehicles & Parts - - - 0.11%
 
Trucking - - - 0.09%
 
Railroad Equipment - - - 0.09%
 
Aerospace & Defence - - 1.36% -
 
Defense - - - 0.72%
 
Aerospace - - - 0.64%
 
Electronic & Electrical Equipment - - 1.29% -
 
Electrical Components - - - 0.48%
 
Electronic Equipment: Gauges & Meters - - - 0.46%
 
Electronic Equipment: Control & Filter - - - 0.31%
 
Electronic Equipment: Other - - - 0.03%
 
Electronic Equipment: Pollution Control - - - 0.02%
 
Industrial Engineering - - 0.97% -
 
Machinery: Industrial - - - 0.52%
 
Machinery: Construction & Handling - - - 0.22%
 
Machinery: Tools - - - 0.11%
 
Machinery: Agricultural - - - 0.08%
 
Machinery: Engines - - - 0.03%
 
Machinery: Specialty - - - 0.02%
 
Construction & Materials - 1.53% - -
 
Construction & Materials - - 1.53% -
 
Cement - - - 0.50%
 
Construction - - - 0.37%
 
Building Materials: Other - - - 0.37%
 
Building: Climate Control - - - 0.12%
 
Engineering & Contracting Services - - - 0.12%
 
Building, Roofing/Wallboard & Plumbing - - - 0.05%
 
Technology 11.51% - - -
 
Technology - 11.51% - -
 
Technology Hardware & Equipment - - 7.36% -
 
Semiconductors - - - 3.10%
 
Computer Hardware - - - 2.53%
 
Electronic Components - - - 1.00%
 
Production Technology Equipment - - - 0.64%
 
Electronic Office Equipment - - - 0.10%
 
Software & Computer Services - - 4.15% -
 
Software - - - 2.03%
 
Consumer Digital Services - - - 1.63%
 
Computer Services - - - 0.48%
 
Consumer Discretionary 10.55% - - -
 
Consumer Products & Services - 3.11% - -
 
Personal Goods - - 1.15% -
 
Clothing & Accessories - - - 0.65%
 
Footwear - - - 0.20%
 
Luxury Items - - - 0.19%
 
Cosmetics - - - 0.11%
 
Household Goods & Home Construction - - 0.67% -
 
Home Construction - - - 0.53%
 
Household Equipment & Products - - - 0.08%
 
Household Appliance - - - 0.04%
 
Household Furnishings - - - 0.02%
 
Leisure Goods - - 0.67% -
 
Consumer Electronics - - - 0.26%
 
Electronic Entertainment - - - 0.23%
 
Toys - - - 0.08%
 
Recreational Products - - - 0.05%
 
Photography - - - 0.03%
 
Recreational Vehicles & Boats - - - 0.02%
 
Consumer Services - - 0.63% -
 
Vending & Catering Service - - - 0.51%
 
Consumer Services: Misc. - - - 0.09%
 
Education Services - - - 0.03%
 
Funeral Parlors & Cemetery - - - 0.01%
 
Retail - 2.26% - -
 
Retailers - - 2.26% -
 
Diversified Retailers - - - 1.39%
 
Home Improvement Retailers - - - 0.38%
 
Apparel Retailers - - - 0.26%
 
Specialty Retailers - - - 0.22%
 
Travel & Leisure - 1.87% - -
 
Travel & Leisure - - 1.87% -
 
Casinos & Gambling - - - 0.70%
 
Restaurants & Bars - - - 0.33%
 
Travel & Tourism - - - 0.28%
 
Hotels & Motels - - - 0.28%
 
Airlines - - - 0.23%
 
Recreational Services - - - 0.06%
 
Automobiles & Parts - 1.75% - -
 
Automobiles & Parts - - 1.75% -
 
Automobiles - - - 1.38%
 
Auto Parts - - - 0.30%
 
Tires - - - 0.08%
 
Media - 1.55% - -
 
Media - - 1.55% -
 
Publishing - - - 0.88%
 
Media Agencies - - - 0.42%
 
Radio & TV Broadcasters - - - 0.14%
 
Entertainment - - - 0.12%
 
Consumer Staples 9.53% - - -
 
Food, Beverage & Tobacco - 5.78% - -
 
Beverages - - 2.20% -
 
Distillers & Vintners - - - 1.51%
 
Soft Drinks - - - 0.41%
 
Brewers - - - 0.28%
 
Tobacco - - 1.85% -
 
Tobacco - - - 1.85%
 
Food Producers - - 1.73% -
 
Food Products - - - 1.57%
 
Farming, Fishing, Ranching & Plantations - - - 0.10%
 
Fruit & Grain Processing - - - 0.05%
 
Personal Care, Drug & Grocery Stores - 3.75% - -
 
Personal Care, Drug & Grocery Stores - - 3.75% -
 
Personal Products - - - 1.96%
 
Food Retailers & Wholesalers - - - 0.99%
 
Nondurable Household Products - - - 0.69%
 
Drug Retailers - - - 0.12%
 
Health Care 9.29% - - -
 
Health Care - 9.29% - -
 
Pharmaceuticals & Biotechnology - - 7.09% -
 
Pharmaceuticals - - - 6.48%
 
Biotechnology - - - 0.61%
 
Cannabis Producers - - - 0.00%
 
Medical Equipment & Services - - 1.57% -
 
Medical Equipment - - - 1.03%
 
Medical Supplies - - - 0.50%
 
Medical Services - - - 0.05%
 
Health Care Providers - - 0.63% -
 
Health Care Management Services - - - 0.32%
 
Health Care Facilities - - - 0.16%
 
Health Care Services - - - 0.15%
 
Cash and Equivalents 5.93% - - -
 
Non-Classified 5.80% - - -
 
Non-Classified - 0.07% - -
 
Non-Classified - - 0.07% -
 
Non-Classified - - - 0.07%
 
Basic Materials 5.61% - - -
 
Basic Resources - 4.16% - -
 
Industrial Metals & Mining - - 3.68% -
 
General Mining - - - 2.83%
 
Iron & Steel - - - 0.40%
 
Copper - - - 0.31%
 
Metal Fabricating - - - 0.09%
 
Aluminum - - - 0.04%
 
Nonferrous Metals - - - 0.01%
 
Precious Metals & Mining - - 0.32% -
 
Gold Mining - - - 0.23%
 
Platinum & Precious Metals - - - 0.09%
 
Industrial Materials - - 0.16% -
 
Paper - - - 0.09%
 
Textile Products - - - 0.03%
 
Forestry - - - 0.03%
 
Diversified Materials - - - 0.01%
 
Chemicals - 1.45% - -
 
Chemicals - - 1.45% -
 
Chemicals: Diversified - - - 0.89%
 
Specialty Chemicals - - - 0.43%
 
Fertilizers - - - 0.10%
 
Chemicals & Synthetic Fibers - - - 0.03%
 
Energy 3.54% - - -
 
Energy - 3.54% - -
 
Non-Renewable Energy - - 3.41% -
 
Integrated Oil & Gas - - - 2.34%
 
Oil: Crude Producers - - - 0.42%
 
Oil Refining and Marketing - - - 0.29%
 
Pipelines - - - 0.18%
 
Oil Equipment & Services - - - 0.13%
 
Coal - - - 0.02%
 
Offshore Drilling & Other Services - - - 0.01%
 
Renewable Energy - - 0.13% -
 
Renewable Energy Equipment - - - 0.08%
 
Alternative Fuels - - - 0.05%
 
Real Estate 3.10% - - -
 
Real Estate - 3.10% - -
 
Real Estate Investment Trusts - - 2.04% -
 
Diversified REITs - - - 0.47%
 
Industrial REITs - - - 0.34%
 
Retail REITs - - - 0.34%
 
Office REITs - - - 0.22%
 
Residential REITs - - - 0.19%
 
Health Care REITs - - - 0.12%
 
Other Specialty REITs - - - 0.11%
 
Infrastructure REITs - - - 0.10%
 
Storage REITs - - - 0.10%
 
Hotel & Lodging REITs - - - 0.02%
 
Timber REITs - - - 0.02%
 
Real Estate Investment & Services - - 1.06% -
 
Real Estate Holding and Development - - - 0.91%
 
Real Estate Services - - - 0.15%
 
Utilities 3.00% - - -
 
Utilities - 3.00% - -
 
Electricity - - 1.47% -
 
Conventional Electricity - - - 1.20%
 
Alternative Electricity - - - 0.26%
 
Gas, Water & Multi-utilities - - 1.45% -
 
Multi-Utilities - - - 1.00%
 
Water - - - 0.33%
 
Gas Distribution - - - 0.13%
 
Waste & Disposal Services - - 0.08% -
 
Waste & Disposal Services - - - 0.08%
 
Telecommunications 2.64% - - -
 
Telecommunications - 2.64% - -
 
Telecommunications Service Providers - - 2.31% -
 
Telecommunications Services - - - 2.20%
 
Cable Television Services - - - 0.11%
 
Telecommunications Equipment - - 0.33% -
 
Telecommunications Equipment - - - 0.33%
 
Bonds 0.11% - - -
 
Alternative Trading Strategies 0.02% - - -
 
Alternative Trading Strategies - 0.02% - -
 
Alternative Trading Strategies - - 0.02% -
 
Alternative Trading Strategies - - - 0.02%

Regional Allocation

pie chart
  UK 31.81%
  Developed Europe - Excl UK 15.49%
  North America 14.62%
  Emerging Asia 9.72%
  Japan 6.32%
  Non-Classified 6.06%
  Cash and Equivalents 5.96%
  Australia & New Zealand 4.35%
  Developed Asia 2.89%
  Other Regions 2.79%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 93.95%
  Cash 5.94%
  Pound Sterling 0.03%
  Swedish Krona 0.03%
  Swiss Franc 0.02%
  Norwegian Krone 0.02%
  US Dollar 0.01%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 31.81% -
 
United Kingdom - 31.81%
 
Jersey - 0.00%
 
Developed Europe - Excl UK 15.49% -
 
Switzerland - 3.07%
 
France - 2.89%
 
Germany - 2.34%
 
Netherlands - 1.55%
 
Ireland - 1.27%
 
Spain - 0.85%
 
Sweden - 0.84%
 
Denmark - 0.79%
 
Italy - 0.58%
 
Finland - 0.39%
 
Belgium - 0.30%
 
Norway - 0.24%
 
Luxembourg - 0.15%
 
Portugal - 0.14%
 
Austria - 0.08%
 
North America 14.62% -
 
United States - 13.93%
 
Canada - 0.69%
 
Emerging Asia 9.72% -
 
Taiwan - 4.13%
 
South Korea - 3.73%
 
Thailand - 0.59%
 
China - 0.51%
 
Malaysia - 0.43%
 
India - 0.12%
 
Philippines - 0.08%
 
Indonesia - 0.08%
 
Pakistan - 0.05%
 
Japan 6.32% -
 
Japan - 6.32%
 
Non-Classified 6.06% -
 
Cash and Equivalents 5.96% -
 
Australia & New Zealand 4.35% -
 
Australia - 4.12%
 
New Zealand - 0.21%
 
New Caledonia - 0.01%
 
Developed Asia 2.89% -
 
Hong Kong - 2.16%
 
Singapore - 0.72%
 
Property 1.51% -
 
South & Central America 0.70% -
 
Brazil - 0.48%
 
Mexico - 0.18%
 
Chile - 0.04%
 
Cayman Islands - 0.00%
 
Middle East & Africa 0.32% -
 
South Africa - 0.27%
 
Israel - 0.05%
 
Cote D'Ivoire - 0.00%
 
Emerging Europe 0.27% -
 
Turkey - 0.11%
 
Poland - 0.07%
 
Greece - 0.04%
 
Hungary - 0.04%
 
Czech Republic - 0.01%
 
Russian Federation - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
52.48%
Large
 
 
20.79%
Medium
 
 
11.47%
Small
 
 
2.44%
Micro
 
 
0.30%
Non-Classified
 
 
6.47%
Bonds
 
 
0.11%
Cash
 
 
5.93%

Top 10 Holdings

Stock % Weight Sector Country
1 ASTRAZENECA 2.86% Pharmaceuticals & Biotechnology United Kingdom
2 SHELL 2.74% Non-Renewable Energy Non-Classified
3 HSBC HLDGS 1.85% Banks United Kingdom
4 TAIWAN SEMICONDUCTOR MANUFACTURING CO. 1.64% Technology Hardware & Equipment Taiwan
5 UNILEVER 1.62% Personal Care, Drug & Grocery Stores United Kingdom
6 GLAXOSMITHKLINE 1.51% Pharmaceuticals & Biotechnology United Kingdom
7 BRITISH AMERICAN TOBACCO 1.37% Tobacco United Kingdom
8 DIAGEO 1.36% Beverages United Kingdom
9 BP 1.27% Non-Renewable Energy United Kingdom
10 RIO TINTO 1.16% Industrial Metals & Mining United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.53% 10.99% - - - - - - 11.51%
Telecommunications 0.93% 1.71% - - - - - - 2.64%
Financials 6.15% 9.68% - 0.05% - - 2.23% - 18.10%
Real Estate 0.49% 1.11% - - - 1.50% 0.01% - 3.11%
Consumer Discretionary 3.63% 6.92% - 0.01% - - 0.09% - 10.65%
Consumer Staples 6.03% 3.51% - 0.02% - - 0.05% - 9.60%
Energy 1.41% 2.13% - - - - 2.89% - 6.43%
Utilities 1.37% 1.63% - - - - 0.01% - 3.00%
Health Care 3.33% 5.95% - - - - 0.05% - 9.34%
Industrials 3.56% 7.97% - - - - 0.14% - 11.67%
Basic Materials 2.80% 2.81% - - - - 0.03% - 5.65%
Cash and Equivalents - - - - - - - 5.93% 5.93%
Bonds - - - 0.03% - - - - 0.03%
Non-Classified 1.54% 0.56% - - - 0.05% 0.17% - 2.32%

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: 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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

Identification Codes

Sedol Code 3168637
Mex Code PULTGR
Isin Code GB0031686370
Citi Code P280

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 Long Term Growth Passive Fund - the underlying fund. Underlying Fund Objective: The fund invests, via other M&G PP funds, in the shares of companies around the world against a benchmark of 40% UK equities and 60% overseas (in fixed proportions). It is a “fund of funds” and both the proportions invested in each region and investments in each region are passively managed except for emerging markets which are actively managed. The split between the UK and overseas regions may be reviewed from time to time. Performance Objective: To match the performance of the benchmark as closely as possible.
Benchmark Mix of FTSE and MSCI regional indices
Sector ABI 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).

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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

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

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: 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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

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.