Prudential European Equity S2

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

Performance

Discrete performance - to last month end

30/06/19
to
30/06/20
30/06/20
to
30/06/21
30/06/21
to
30/06/22
30/06/22
to
30/06/23
30/06/23
to
30/06/24
Fund -2.1% 15.6% -2.6% 15.3% 13.2%
Sector 0.3% 19.2% -11.3% 14.9% 10.3%
Rank 142/172 138/172 9/172 94/172 32/172
Quartile 4 4 1 3 1

Annualised performance

Annualised
3 Years to
30/06/24
5 Years to
30/06/24
10 Years to
30/06/24
Fund 8.3% 7.5% 7.2%
Sector 4.0% 6.1% 6.7%
Rank 8/172 50/172 94/164
Quartile 1 2 3

Top 10 Holdings

Stock % Weight
NOVO NORDISK A/S 4.27
TOTAL SE 3.32
SIEMENS AKTIENGESELLSCHAFT 3.07
SAP SE 2.76
ROCHE HLDG AG 2.73
UBS GROUP AG 2.47
BNP PARIBAS SA 2.18
ALLIANZ SE 2.05
SANOFI 2.04
NESTLE S.A. 1.94
Total 26.83

Fund Aims

Objective: The investment strategy of the fund is to purchase shares in European (excluding UK) companies via other M&G funds. It is a "fund of funds" holding units in several more specialised European equity funds to give access to a variety of methods for generating investment returns in differing market conditions.

Fund Manager

M&G Treasury & Investment Office manager for 3 years and 2 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 (19/07/2024) 2008.00
Offer (19/07/2024) 2113.70
Fund size (31/05/2024) £21.95m
Number of holdings 340
Launch date 16/04/1984

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.08%
Yearly Total 1.08%

Asset Allocation

pie chart
  International Equities 99.50%
  International Bonds 1.51%
  UK Equities 0.39%
  Property 0.09%
  Alternative Trading Strategies 0.01%
  Cash and Equivalents -2.73%
  Other Assets 1.23%
Portfolio data accurate as at: 31/05/24

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 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 99.50%
  International Bonds 1.51%
  UK Equities 0.39%
  Property 0.09%
  Alternative Trading Strategies 0.01%
  Cash and Equivalents -2.73%
  Other Assets 1.23%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 21.00% - - -
 
Banks - 12.55% - -
 
Banks - - 12.55% -
 
Banks - - - 12.55%
 
Insurance - 5.25% - -
 
Non-life Insurance - - 4.63% -
 
Full Line Insurance - - - 2.71%
 
Reinsurance - - - 1.92%
 
Property & Casualty Insurance - - - 0.00%
 
Life Insurance - - 0.62% -
 
Life Insurance - - - 0.62%
 
Financial Services - 3.20% - -
 
Investment Banking & Brokerage Services - - 3.20% -
 
Asset Managers & Custodians - - - 2.54%
 
Diversified Financial Services - - - 0.62%
 
Investment Services - - - 0.05%
 
Industrials 19.09% - - -
 
Industrial Goods & Services - 15.16% - -
 
General Industrials - - 3.52% -
 
Diversified Industrials - - - 3.49%
 
Containers & Packaging - - - 0.02%
 
Glass - - - 0.01%
 
Industrial Transportation - - 3.32% -
 
Commercial Vehicles & Parts - - - 1.12%
 
Railroads - - - 0.84%
 
Marine Transportation - - - 0.70%
 
Transportation Services - - - 0.61%
 
Delivery Services - - - 0.04%
 
Electronic & Electrical Equipment - - 2.91% -
 
Electrical Components - - - 2.91%
 
Industrial Support Services - - 2.02% -
 
Security Services - - - 1.45%
 
Industrial Suppliers - - - 0.40%
 
Transaction Processing Services - - - 0.14%
 
Business Training & Employment Agencies - - - 0.03%
 
Professional Business Support Services - - - 0.01%
 
Industrial Engineering - - 1.84% -
 
Machinery: Construction & Handling - - - 0.95%
 
Machinery: Tools - - - 0.33%
 
Machinery: Industrial - - - 0.30%
 
Machinery: Engines - - - 0.26%
 
Aerospace & Defence - - 1.56% -
 
Defense - - - 1.40%
 
Aerospace - - - 0.15%
 
Construction & Materials - 3.93% - -
 
Construction & Materials - - 3.93% -
 
Building Materials: Other - - - 1.90%
 
Cement - - - 1.27%
 
Construction - - - 0.58%
 
Building, Roofing/Wallboard & Plumbing - - - 0.15%
 
Building: Climate Control - - - 0.03%
 
Health Care 15.84% - - -
 
Health Care - 15.84% - -
 
Pharmaceuticals & Biotechnology - - 14.51% -
 
Pharmaceuticals - - - 14.22%
 
Biotechnology - - - 0.29%
 
Medical Equipment & Services - - 1.14% -
 
Medical Equipment - - - 0.86%
 
Medical Supplies - - - 0.28%
 
Health Care Providers - - 0.19% -
 
Health Care Services - - - 0.19%
 
Consumer Discretionary 12.21% - - -
 
Retail - 3.42% - -
 
Retailers - - 3.42% -
 
Specialty Retailers - - - 1.74%
 
Apparel Retailers - - - 1.68%
 
Automobiles & Parts - 2.98% - -
 
Automobiles & Parts - - 2.98% -
 
Automobiles - - - 2.19%
 
Tires - - - 0.76%
 
Auto Parts - - - 0.03%
 
Consumer Products & Services - 2.55% - -
 
Personal Goods - - 2.53% -
 
Clothing & Accessories - - - 1.05%
 
Luxury Items - - - 0.67%
 
Cosmetics - - - 0.59%
 
Footwear - - - 0.22%
 
Household Goods & Home Construction - - 0.02% -
 
Household Appliance - - - 0.02%
 
Media - 2.51% - -
 
Media - - 2.51% -
 
Radio & TV Broadcasters - - - 1.64%
 
Entertainment - - - 0.45%
 
Publishing - - - 0.25%
 
Media Agencies - - - 0.17%
 
Travel & Leisure - 0.74% - -
 
Travel & Leisure - - 0.74% -
 
Airlines - - - 0.64%
 
Restaurants & Bars - - - 0.10%
 
Consumer Staples 6.55% - - -
 
Personal Care, Drug & Grocery Stores - 3.53% - -
 
Personal Care, Drug & Grocery Stores - - 3.53% -
 
Food Retailers & Wholesalers - - - 3.44%
 
Nondurable Household Products - - - 0.09%
 
Food, Beverage & Tobacco - 3.02% - -
 
Food Producers - - 2.59% -
 
Food Products - - - 2.59%
 
Beverages - - 0.43% -
 
Brewers - - - 0.34%
 
Distillers & Vintners - - - 0.09%
 
Basic Materials 6.18% - - -
 
Basic Resources - 3.82% - -
 
Industrial Metals & Mining - - 2.48% -
 
Iron & Steel - - - 2.34%
 
Aluminum - - - 0.09%
 
General Mining - - - 0.05%
 
Industrial Materials - - 1.33% -
 
Paper - - - 1.33%
 
Precious Metals & Mining - - 0.01% -
 
Gold Mining - - - 0.01%
 
Chemicals - 2.36% - -
 
Chemicals - - 2.36% -
 
Chemicals: Diversified - - - 1.22%
 
Specialty Chemicals - - - 0.79%
 
Fertilizers - - - 0.35%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Technology 6.16% - - -
 
Technology - 6.16% - -
 
Software & Computer Services - - 3.93% -
 
Software - - - 2.78%
 
Computer Services - - - 0.58%
 
Consumer Digital Services - - - 0.57%
 
Technology Hardware & Equipment - - 2.23% -
 
Production Technology Equipment - - - 1.40%
 
Semiconductors - - - 0.73%
 
Computer Hardware - - - 0.10%
 
Energy 5.97% - - -
 
Energy - 5.97% - -
 
Non-Renewable Energy - - 5.62% -
 
Integrated Oil & Gas - - - 4.33%
 
Oil Equipment & Services - - - 1.22%
 
Oil Refining and Marketing - - - 0.08%
 
Renewable Energy - - 0.35% -
 
Renewable Energy Equipment - - - 0.35%
 
Utilities 3.65% - - -
 
Utilities - 3.65% - -
 
Gas, Water & Multi-utilities - - 2.25% -
 
Multi-Utilities - - - 2.25%
 
Electricity - - 1.40% -
 
Conventional Electricity - - - 0.97%
 
Alternative Electricity - - - 0.44%
 
Telecommunications 2.37% - - -
 
Telecommunications - 2.37% - -
 
Telecommunications Service Providers - - 1.35% -
 
Telecommunications Services - - - 1.35%
 
Telecommunications Equipment - - 1.02% -
 
Telecommunications Equipment - - - 1.02%
 
Bonds 1.51% - - -
 
Non-Classified 1.23% - - -
 
Non-Classified - 0.63% - -
 
Non-Classified - - 0.63% -
 
Non-Classified - - - 0.63%
 
Real Estate 0.95% - - -
 
Real Estate - 0.95% - -
 
Real Estate Investment & Services - - 0.81% -
 
Real Estate Holding and Development - - - 0.81%
 
Real Estate Investment Trusts - - 0.14% -
 
Retail REITs - - - 0.09%
 
Office REITs - - - 0.05%
 
Alternative Trading Strategies 0.01% - - -
 
Alternative Trading Strategies - 0.01% - -
 
Alternative Trading Strategies - - 0.01% -
 
Alternative Trading Strategies - - - 0.01%
 
Cash and Equivalents -2.73% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 98.07%
  Non-Classified 3.14%
  Emerging Europe 0.65%
  North America 0.40%
  UK 0.39%
  Property 0.09%
  Cash and Equivalents -2.73%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 101.23%
  Euro 1.47%
  Swiss Franc 0.03%
  Cash -2.73%

Regional Breakdown

Expand allCollapse all
Region Country
 
Developed Europe - Excl UK 98.07% -
 
France - 23.31%
 
Germany - 21.24%
 
Switzerland - 11.87%
 
Netherlands - 8.03%
 
Denmark - 6.91%
 
Spain - 5.55%
 
Sweden - 3.55%
 
Italy - 3.36%
 
Ireland - 3.36%
 
Finland - 3.01%
 
Belgium - 2.90%
 
Austria - 1.72%
 
Norway - 1.66%
 
Luxembourg - 1.36%
 
Portugal - 0.23%
 
Non-Classified 3.14% -
 
Emerging Europe 0.65% -
 
Turkey - 0.37%
 
Greece - 0.10%
 
Poland - 0.10%
 
Hungary - 0.06%
 
Czech Republic - 0.03%
 
North America 0.40% -
 
United States - 0.40%
 
UK 0.39% -
 
United Kingdom - 0.39%
 
Property 0.09% -
 
Cash and Equivalents -2.73% -

Breakdown By Market Cap (%)

Mega
 
 
56.03%
Large
 
 
23.50%
Medium
 
 
7.56%
Small
 
 
1.58%
Micro
 
 
0.43%
Non-Classified
 
 
12.12%
Bonds
 
 
1.51%
Cash
 
-2.73%

Fund Holdings

Name % Weight Sector Country
1 M&G (LUX) FCP Europe ex UK Equity Fund Z1B Acc 62.07% Managed Funds Managed Funds
2 M&G (LUX) FCP BlackRock Europe ex UK Equity Fund Z1B Acc 30.90% Managed Funds Managed Funds
3 M&G European Sustain Paris Aligned Class PP GBP 10.34% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 NOVO NORDISK A/S 4.27% Pharmaceuticals & Biotechnology Denmark
2 TOTAL SE 3.32% Non-Renewable Energy France
3 SIEMENS AKTIENGESELLSCHAFT 3.07% General Industrials Germany
4 SAP SE 2.76% Software & Computer Services Germany
5 ROCHE HLDG AG 2.73% Pharmaceuticals & Biotechnology Switzerland
6 UBS GROUP AG 2.47% Investment Banking & Brokerage Services Switzerland
7 BNP PARIBAS SA 2.18% Banks France
8 ALLIANZ SE 2.05% Non-life Insurance Germany
9 SANOFI 2.04% Pharmaceuticals & Biotechnology France
10 NESTLE S.A. 1.94% Food Producers Switzerland

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 6.16% - - - - - - 6.16%
Telecommunications - 2.37% - 1.47% - - - - 3.84%
Financials 0.20% 20.80% - 0.03% - - - - 21.03%
Real Estate - 0.86% - - - 0.09% - - 0.95%
Consumer Discretionary 0.19% 12.02% - - - - - - 12.21%
Consumer Staples - 6.55% - - - - - - 6.55%
Energy - 5.97% - - - - - - 5.97%
Utilities - 3.65% - - - - - - 3.65%
Health Care - 15.84% - - - - - - 15.84%
Industrials - 19.09% - - - - - - 19.09%
Basic Materials - 6.18% - - - - - - 6.18%
Cash and Equivalents - - - - - - - -2.73% -2.73%
Non-Classified - - - - - - 1.24% - 1.24%

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).

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 0926258
Mex Code VNEU
Isin Code GB0009262584
Citi Code VA15

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.08%
Yearly Total 1.08%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase shares in European (excluding UK) companies via other M&G funds. It is a "fund of funds" holding units in several more specialised European equity funds to give access to a variety of methods for generating investment returns in differing market conditions.
Benchmark FTSE World Europe ex UK Index
ABI Sector Europe excluding UK 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).

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.