Prudential Ninety One Global Strategic Equity S2

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

Performance

Discrete performance - to last month end

28/02/19
to
29/02/20
29/02/20
to
28/02/21
28/02/21
to
28/02/22
28/02/22
to
28/02/23
28/02/23
to
29/02/24
Fund -1.2% 20.8% 6.3% -1.3% 10.5%
Sector 5.5% 15.7% 6.9% 3.1% 10.6%
Rank 318/335 60/336 217/338 312/338 205/342
Quartile 4 1 3 4 3

Annualised performance

Annualised
3 Years to
29/02/24
5 Years to
29/02/24
10 Years to
29/02/24
Fund 5.1% 6.7% 7.7%
Sector 6.8% 8.2% 8.1%
Rank 277/337 276/334 216/312
Quartile 4 4 3

Top 10 Holdings

Stock % Weight
MICROSOFT CORPORATION 6.69
AMAZON.COM 4.98
NVIDIA CORP 4.31
UNITEDHEALTH GROUP INCORPORATED 4.14
EXXON MOBIL CORPORATION 3.58
UNICREDIT SOCIETA' PER AZIONI 2.84
TKO GROUP HOLDINGS INC 2.69
NEWMONT CORPORATION 2.41
BARRICK GOLD CORPORATION 2.34
UNILEVER 2.32
Total 36.31

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Ninety One Global Strategic Equity Fund - the underlying fund.

Underlying Fund Objective: That fund aims to provide capital growth (to grow the value of your investment) over at least 5 years. The fund invests primarily (at least two-thirds) in the shares of companies around the world and in related derivatives (financial contracts whose value is linked to the price of the shares of such companies).

Fund Manager

Dan Hanbury manager of the underlying fund for 0 years and 10 months

Photo of Dan Hanbury Dan is a portfolio manager within the 4Factor team at Ninety One, and is based in London. Prior to joining the firm, Dan was Partner and Portfolio Manager at River and Mercantile Group and was responsible for managing a of range of multi-capitalisation and small capitalisation portfolios. He was also a founding partner of R&M (2006-2022). Before River and Mercantile Group, Dan was a portfolio manager at Investec Asset Management (now Ninety One) (2000-2006) responsible for the UK High Alpha and UK Smaller Companies Funds. He was also a Global Industrials and Resources analyst. Dan began his career at Schroders on their Pan-European Capital Goods Team in 1996. Dan graduated from Loughborough University with a first class degree in Mechanical Engineering and is a member of the CFA® Institute.

Rhynhardt Roodt manager of the underlying fund for 2 years and 1 months

Photo of Rhynhardt Roodt Rhynhardt is the Co-Head of 4Factor and co-portfolio manager for the 4Factor Global Equity, Global Dynamic Equity and Global Strategic Equity Strategies at Ninety One. He was previously the Co-Head of SA Equity & Multi-Asset. Over the years he has been responsible for the fundamental analysis of a broad range of listed companies, the portfolio management of a number of equity and multi-asset strategies as well as driving the equity research agenda within these strategies. Rhynhardt initially joined the firm in 2004. Having left in 2008, he rejoined the firm in 2010 from Oryx Investment Management where he worked for two years as a research analyst and portfolio manager. He graduated from the University of Pretoria with a Bachelor of Commerce in Financial Management Sciences and a Bachelor of Commerce (Hons) in Investment Management (cum laude), before completing a Master’s degree in Financial Management (cum laude) at the University of Cape Town. Rhynhardt is also a CFA® Charterholder.

Mark Breedon manager of the underlying fund for 19 years and 8 months

Photo of Mark Breedon Mark is Co-Head of 4Factor at Ninety One. He is the portfolio manager for the Global Strategic Equity Strategy. He joined the firm from Alliance Capital Management where he managed portfolios including the $500 million Worldwide Privatisation Fund, NYSE listed Southern Africa Fund, Spain Fund and Austria Fund. Prior to this, he managed developed market equity accounts for Brinson Partners (formerly First Chicago), following an initial three-year spell in research at Vickers da Costa. Mark graduated with a Bachelor of Arts (Hons) degree in Economics.

Fund Overview

Bid (26/03/2024) 367.60
Offer (26/03/2024) 386.90
Fund size (29/02/2024) £5.94m
Underlying Fund size £281.78m
Number of holdings 57
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.12%
Yearly Total 1.72%

Asset Allocation

pie chart
  International Equities 91.44%
  UK Equities 8.07%
  Cash and Equivalents 0.49%
Portfolio data accurate as at: 31/10/23

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 GBP with net 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
  International Equities 91.44%
  UK Equities 8.07%
  Cash and Equivalents 0.49%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 23.60% - - -
 
Technology - 23.60% - -
 
Technology Hardware & Equipment - - 12.73% -
 
Semiconductors - - - 9.72%
 
Computer Hardware - - - 2.05%
 
Production Technology Equipment - - - 0.96%
 
Software & Computer Services - - 10.87% -
 
Software - - - 8.49%
 
Computer Services - - - 1.66%
 
Consumer Digital Services - - - 0.72%
 
Consumer Discretionary 21.47% - - -
 
Retail - 7.48% - -
 
Retailers - - 7.48% -
 
Diversified Retailers - - - 6.00%
 
Apparel Retailers - - - 1.48%
 
Consumer Products & Services - 5.92% - -
 
Leisure Goods - - 2.96% -
 
Electronic Entertainment - - - 1.97%
 
Consumer Electronics - - - 0.99%
 
Consumer Services - - 1.53% -
 
Consumer Services: Misc. - - - 1.53%
 
Personal Goods - - 1.43% -
 
Clothing & Accessories - - - 1.43%
 
Travel & Leisure - 3.08% - -
 
Travel & Leisure - - 3.08% -
 
Travel & Tourism - - - 1.61%
 
Restaurants & Bars - - - 1.09%
 
Casinos & Gambling - - - 0.39%
 
Media - 2.69% - -
 
Media - - 2.69% -
 
Entertainment - - - 2.69%
 
Automobiles & Parts - 2.29% - -
 
Automobiles & Parts - - 2.29% -
 
Automobiles - - - 2.29%
 
Industrials 13.87% - - -
 
Industrial Goods & Services - 13.87% - -
 
Industrial Support Services - - 7.84% -
 
Professional Business Support Services - - - 5.82%
 
Transaction Processing Services - - - 2.02%
 
General Industrials - - 2.34% -
 
Glass - - - 1.19%
 
Containers & Packaging - - - 1.15%
 
Industrial Engineering - - 1.38% -
 
Machinery: Engines - - - 1.38%
 
Industrial Transportation - - 1.33% -
 
Marine Transportation - - - 1.33%
 
Electronic & Electrical Equipment - - 0.99% -
 
Electrical Components - - - 0.99%
 
Health Care 10.74% - - -
 
Health Care - 10.74% - -
 
Health Care Providers - - 6.41% -
 
Health Care Management Services - - - 6.41%
 
Pharmaceuticals & Biotechnology - - 2.42% -
 
Pharmaceuticals - - - 2.42%
 
Medical Equipment & Services - - 1.91% -
 
Medical Supplies - - - 1.22%
 
Medical Equipment - - - 0.69%
 
Financials 9.43% - - -
 
Banks - 5.97% - -
 
Banks - - 5.97% -
 
Banks - - - 5.97%
 
Insurance - 2.14% - -
 
Life Insurance - - 2.14% -
 
Life Insurance - - - 2.14%
 
Financial Services - 1.32% - -
 
Finance & Credit Services - - 1.32% -
 
Financial Data & Systems - - - 1.32%
 
Basic Materials 7.70% - - -
 
Basic Resources - 7.70% - -
 
Precious Metals & Mining - - 4.75% -
 
Gold Mining - - - 4.75%
 
Industrial Metals & Mining - - 2.95% -
 
General Mining - - - 1.92%
 
Nonferrous Metals - - - 1.03%
 
Consumer Staples 6.85% - - -
 
Personal Care, Drug & Grocery Stores - 4.42% - -
 
Personal Care, Drug & Grocery Stores - - 4.42% -
 
Personal Products - - - 2.32%
 
Food Retailers & Wholesalers - - - 2.10%
 
Food, Beverage & Tobacco - 2.44% - -
 
Beverages - - 2.44% -
 
Distillers & Vintners - - - 2.44%
 
Energy 5.84% - - -
 
Energy - 5.84% - -
 
Non-Renewable Energy - - 5.84% -
 
Integrated Oil & Gas - - - 3.58%
 
Offshore Drilling & Other Services - - - 1.50%
 
Oil: Crude Producers - - - 0.76%
 
Cash and Equivalents 0.49% - - -

Regional Allocation

pie chart
  North America 57.72%
  Developed Europe - Excl UK 10.59%
  UK 8.46%
  Emerging Asia 7.72%
  Developed Asia 5.80%
  Japan 3.59%
  South & Central America 3.00%
  Australia & New Zealand 2.63%
  Cash and Equivalents 0.49%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.09%
  Euro 0.91%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 57.72% -
 
United States - 53.85%
 
Canada - 3.87%
 
Developed Europe - Excl UK 10.59% -
 
Italy - 2.84%
 
Denmark - 1.67%
 
Ireland - 1.57%
 
Netherlands - 1.26%
 
Switzerland - 1.22%
 
Austria - 1.02%
 
France - 1.00%
 
UK 8.46% -
 
United Kingdom - 8.07%
 
Isle of Man - 0.39%
 
Emerging Asia 7.72% -
 
China - 3.64%
 
Taiwan - 3.09%
 
South Korea - 0.99%
 
Developed Asia 5.80% -
 
Hong Kong - 4.47%
 
Singapore - 1.33%
 
Japan 3.59% -
 
Japan - 3.59%
 
South & Central America 3.00% -
 
Cayman Islands - 1.97%
 
Mexico - 1.03%
 
Australia & New Zealand 2.63% -
 
Australia - 2.63%
 
Cash and Equivalents 0.49% -

Breakdown By Market Cap (%)

Mega
 
 
46.83%
Large
 
 
13.22%
Medium
 
 
6.41%
Non-Classified
 
 
33.04%
Cash
 
 
0.49%

Top 10 Holdings

Stock % Weight Sector Country
1 MICROSOFT CORPORATION 6.69% Software & Computer Services United States
2 AMAZON.COM 4.98% Retailers United States
3 NVIDIA CORP 4.31% Technology Hardware & Equipment United States
4 UNITEDHEALTH GROUP INCORPORATED 4.14% Health Care Providers United States
5 EXXON MOBIL CORPORATION 3.58% Non-Renewable Energy United States
6 UNICREDIT SOCIETA' PER AZIONI 2.84% Banks Italy
7 TKO GROUP HOLDINGS INC 2.69% Media United States
8 NEWMONT CORPORATION 2.41% Precious Metals & Mining United States
9 BARRICK GOLD CORPORATION 2.34% Precious Metals & Mining Canada
10 UNILEVER 2.32% Personal Care, Drug & Grocery Stores United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 23.60% - - - - - - 23.60%
Financials 1.32% 8.11% - - - - - - 9.43%
Consumer Discretionary - 21.47% - - - - - - 21.47%
Consumer Staples 2.32% 4.53% - - - - - - 6.85%
Energy - 5.84% - - - - - - 5.84%
Health Care 0.75% 9.99% - - - - - - 10.74%
Industrials 2.48% 11.40% - - - - - - 13.87%
Basic Materials 1.20% 6.50% - - - - - - 7.70%
Cash and Equivalents - - - - - - - 0.49% 0.49%

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 B3BW4P8
Mex Code PUGFET
Isin Code GB00B3BW4P80
Citi Code D8W9

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.12%
Yearly Total 1.72%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Ninety One Global Strategic Equity Fund - the underlying fund. Underlying Fund Objective: That fund aims to provide capital growth (to grow the value of your investment) over at least 5 years. The fund invests primarily (at least two-thirds) in the shares of companies around the world and in related derivatives (financial contracts whose value is linked to the price of the shares of such companies).
Benchmark MSCI AC World Net Return (MSCI World Net Return pre 01/01/2011)
Sector ABI Global Equities

Ratings

FE Crown Crown Rating of 2

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 GBP with net 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.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.