Prudential Ex-DSF M&G Property Portfolio

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

Performance

Discrete performance - to last month end

31/07/14
to
31/07/15
31/07/15
to
31/07/16
31/07/16
to
31/07/17
31/07/17
to
31/07/18
31/07/18
to
31/07/19
Fund 18.2% -1.6% 11.2% 8.0% 0.5%
Sector 11.8% -1.4% 8.5% 8.1% 1.7%
Rank 9/136 78/140 40/141 50/143 94/144
Quartile 1 3 2 2 3

Annualised performance

Annualised
3 Years to
31/07/19
5 Years to
31/07/19
10 Years to
31/07/19
Fund 6.5% 7.0% 6.0%
Sector 6.0% 5.6% 6.7%
Rank 49/141 34/136 79/113
Quartile 2 1 3

Top 10 Holdings

Stock % Weight
1 8 NEW SQUARE BEDFONT LAKES 5.08
ROYAL BANK OF CANADA (UK) 4.36
PARC TROSTRE RETAIL PARK, LLAN 3.73
WALES DESIGNER OUTLET 3.66
ALDER CASTLE 10 NOBLE STREET 3.04
UK TREASURY BILL GBP 2.84
FREMLIN WALK 2.72
RIVERSIDE RETAIL PARK, NORTHAM 2.60
IRON MOUNTAIN DISTRIBUTION WAR 2.40
AURORA 120 BOTHWELL STREET 2.32
Total 32.74

Fund Aims

The investment strategy of the fund is to purchase units in the M&G Property Portfolio. That fund aims to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In so doing, the fund aims to maximise long term total return (the combination of income and growth of capital) through investment mainly in commercial property.

Fund Manager

Janet Perry manager of the underlying fund for 9 years and 9 months

Photo of Janet Perry Janet is a Fund Director and the property fund manager for the £650m Scottish Amicable Insurance Fund, an actively managed closed life fund with an exposure to International markets in Europe, North America, and Asia in addition to the UK. She is also property fund manager of smaller unit linked life and pension funds and distribution bond property portfolio. Janet has 29 years of experience with Prudential, most of which has been in the investment and fund management areas of M&G Real Estate, following a brief spell analysing property equities and research. Prior to joining the Prudential Group, Janet gained four years’ experience at Coal Industry Nominees Pension Fund. She has a first class honours degree in Land Management from Reading University and is a Fellow of the Royal Institution of Chartered Surveyors and a member of the Investment Property Forum.

Fund Overview

Bid (23/08/2019) 1539.10
Offer (23/08/2019) 1620.10
Fund size (30/06/2019) £66.20m
Underlying Fund size £70.89m
Number of holdings 109
Launch date 31/08/2004

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 1.16%
Yearly Total 2.16%

Asset Allocation

pie chart
  Property 81.59%
  Cash and Equivalents 7.96%
  UK Corporate Bonds 2.84%
  Other Assets 7.61%
Portfolio data accurate as at: 31/03/19

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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). 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 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 FundsLibrary, 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
  Property 81.59%
  Cash and Equivalents 7.96%
  UK Corporate Bonds 2.84%
  Other Assets 7.61%

Regional Allocation

pie chart
  Property 81.59%
  Cash and Equivalents 7.96%
  Non-Classified 7.61%
  UK 2.84%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 89.20%
  Cash 7.96%
  Pound Sterling 2.84%

Regional Breakdown

Expand allCollapse all
Region Country
 
Property 81.59% -
 
Cash and Equivalents 7.96% -
 
Non-Classified 7.61% -
 
UK 2.84% -
 
United Kingdom - 2.84%

Property Regions

pie chart
  SOUTH EAST 41.64%
  THE MIDLANDS 16.25%
  THE NORTH 10.15%
  CENTRAL LONDON 4.08%
  SOUTH WEST 2.59%
  OTHER 25.30%

Asset Allocation

pie chart
  Office 33.77%
  Industrial 19.45%
  Retail Warehouse 18.30%
  Shopping Centre 11.08%
  Shop 10.30%
  Other 7.10%

Top 10 Holdings

Stock % Weight Sector Country
1 1 8 NEW SQUARE BEDFONT LAKES 5.08% Property Direct Property and REITs
2 ROYAL BANK OF CANADA (UK) 4.36% Non-Classified Non-Classified
3 PARC TROSTRE RETAIL PARK, LLAN 3.73% Property Direct Property and REITs
4 WALES DESIGNER OUTLET 3.66% Property Direct Property and REITs
5 ALDER CASTLE 10 NOBLE STREET 3.04% Property Direct Property and REITs
6 UK TREASURY BILL GBP 2.84% Bonds United Kingdom
7 FREMLIN WALK 2.72% Property Direct Property and REITs
8 RIVERSIDE RETAIL PARK, NORTHAM 2.60% Property Direct Property and REITs
9 IRON MOUNTAIN DISTRIBUTION WAR 2.40% Property Direct Property and REITs
10 AURORA 120 BOTHWELL STREET 2.32% Property Direct Property and REITs

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Financials - - - - - 0.13% - - 0.13%
Property - - - - - 81.46% - - 81.46%
Cash and Equivalents - - - - - - - 7.96% 7.96%
Bonds - - 2.84% - - - - - 2.84%
Non-Classified - - - - - - 7.61% - 7.61%

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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

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 FundsLibrary, 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 B0334F8
Mex Code PUPET
Isin Code GB00B0334F89
Citi Code ILF7

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 1.16%
Yearly Total 2.16%

Aims and Benchmark

Aims The investment strategy of the fund is to purchase units in the M&G Property Portfolio. That fund aims to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In so doing, the fund aims to maximise long term total return (the combination of income and growth of capital) through investment mainly in commercial property.
Benchmark Investment Property Databank Index
Sector ABI UK Direct Property

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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

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 FundsLibrary, 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.

This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.

You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.

For more information please refer to your policy or scheme documentation.

Source of performance data: Financial Express (FE). 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 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 FundsLibrary, 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 (PACL), which is registered in England and Wales. This name is also used by other companies within the Prudential Group. 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.