Prudential Positive Impact Fund 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

30/06/16
to
30/06/17
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
Fund n/a n/a n/a n/a 24.4%
Benchmark 22.9% 9.5% 10.3% 5.7% 25.1%

Performance - to latest available quarter end

Quarter Annualised
2
2021
3 Years to
30/06/21
5 Years to
30/06/21
10 Years to
30/06/21
Fund 4.9% n/a n/a n/a
Benchmark 7.4% 13.4% 14.4% 12.2%

Top 10 Holdings

Stock % Weight
JOHNSON CONTROLS INTERNATIONAL 4.89
ALK-ABELLO A/S 4.59
HDFC BANK LTD 4.09
ROCKWOOL INTERNATIONAL 3.98
NOVO NORDISK A/S 3.85
SCHNEIDER ELECTRIC SE 3.85
ON SEMICONDUCTOR CORP 3.84
THERMO FISHER SCIENTIFIC INC 3.80
ORSTED A/S 3.78
SOLAREDGE TECHNOLOGIES INC 3.63
Total 40.30

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G PP Positive Impact fund (the underlying fund).

Underlying fund objective: The fund has two aims: To provide a higher total return (the combination of capital growth and income), net of the Ongoing Charges Figure, than the MSCI ACWI Index over any five-year period; and To invest in companies that aim to have a positive societal impact through addressing the world’s major social and environmental challenges. The fund gains its exposure through the M&G Positive Impact Fund, an M&G OEIC. The fund is a concentrated portfolio of global stocks, usually holding fewer than 40 stocks, investing over the long term in companies that make a positive social and/or environmental impact alongside a financial return, using a disciplined stock selection process. Sustainability and impact considerations are fundamental in determining the fund’s investment universe and assessing business models. The fund embraces the United Nations Sustainable Development Goals framework and invests in companies focused on areas including climate action, pollution reduction, circular economy, health and wellbeing, education and innovation, and working conditions. The fund invests in three categories of positive impact companies: “Pioneers”, whose products or services have a transformational effect on society or the environment; “Enablers”, which provide the tools for others to deliver positive social or environmental impact; and “Leaders”, which spearhead the development of sustainability in their industries. Investing in these categories provides diversification across industries and maturity of business models. Dialogue with the companies in which the fund invests is fundamental to the investment approach. The objective is to support and influence their contribution to the world’s major social and environmental challenges. The fund manager has discretion to invest in companies with limited exposure to fossil fuels but which are driving or significantly participating in the transition to a more sustainable economy. The fund may also invest in other transferable securities, cash, and near cash, directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for Efficient Portfolio Management and hedging.

Fund Manager

John William Olsen manager of the underlying fund for 2 years and 8 months

Photo of John William Olsen John William Olsen, a Danish national, joined M&G in April 2014, and was appointed fund manager of the M&G Global Growth Fund and M&G Pan European Fund in July 2014. John William joined M&G from Danske Capital, where from 2002 he had managed non-domestic equity portfolios, including the Global Stock Picking and Global Select equity funds, and also the European Select strategy. He joined Danske Capital in 1998 as a fund manager on the domestic Danish equities team, and in 2000 also became a global sector analyst focusing on technology and telecommunications stocks. John William gained a BA in business economics and then an MSc in finance and accounting from Copenhagen Business School.

Fund Overview

Daily price (22/07/2021) 127.20
Fund size -
Underlying Fund size £254.22m
Number of holdings 42
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 20/02/2020

Asset Allocation

pie chart
  International Equities 85.82%
  UK Equities 9.54%
  Cash and Equivalents 4.64%
  Alternative Trading Strategies 0.00%

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 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 85.82%
  UK Equities 9.54%
  Cash and Equivalents 4.64%
  Alternative Trading Strategies 0.00%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Health Care 34.37% - - -
 
Health Care - 34.37% - -
 
Pharmaceuticals & Biotechnology - - 15.54% -
 
Pharmaceuticals - - - 8.44%
 
Biotechnology - - - 7.09%
 
Medical Equipment & Services - - 12.69% -
 
Medical Equipment - - - 6.73%
 
Medical Services - - - 3.07%
 
Medical Supplies - - - 2.89%
 
Health Care Providers - - 6.15% -
 
Health Care Management Services - - - 3.48%
 
Health Care Services - - - 2.67%
 
Industrials 23.45% - - -
 
Industrial Goods & Services - 19.48% - -
 
Electronic & Electrical Equipment - - 11.20% -
 
Electronic Equipment: Control & Filter - - - 4.89%
 
Electrical Components - - - 3.85%
 
Electronic Equipment: Gauges & Meters - - - 2.46%
 
General Industrials - - 4.99% -
 
Containers & Packaging - - - 4.99%
 
Industrial Support Services - - 2.03% -
 
Industrial Suppliers - - - 2.03%
 
Industrial Transportation - - 1.26% -
 
Railroads - - - 1.26%
 
Construction & Materials - 3.98% - -
 
Construction & Materials - - 3.98% -
 
Building Materials: Other - - - 3.98%
 
Technology 10.39% - - -
 
Technology - 10.39% - -
 
Technology Hardware & Equipment - - 6.87% -
 
Semiconductors - - - 3.84%
 
Production Technology Equipment - - - 3.02%
 
Software & Computer Services - - 3.52% -
 
Software - - - 3.52%
 
Financials 8.47% - - -
 
Banks - 5.64% - -
 
Banks - - 5.64% -
 
Banks - - - 5.64%
 
Insurance - 2.83% - -
 
Non-life Insurance - - 1.51% -
 
Property & Casualty Insurance - - - 1.51%
 
Life Insurance - - 1.32% -
 
Life Insurance - - - 1.32%
 
Utilities 6.28% - - -
 
Utilities - 6.28% - -
 
Electricity - - 3.78% -
 
Alternative Electricity - - - 3.78%
 
Waste & Disposal Services - - 2.50% -
 
Waste & Disposal Services - - - 2.50%
 
Energy 5.13% - - -
 
Energy - 5.13% - -
 
Renewable Energy - - 5.13% -
 
Renewable Energy Equipment - - - 3.63%
 
Alternative Fuels - - - 1.51%
 
Telecommunications 4.82% - - -
 
Telecommunications - 4.82% - -
 
Telecommunications Service Providers - - 4.82% -
 
Telecommunications Services - - - 4.82%
 
Cash and Equivalents 4.64% - - -
 
Consumer Discretionary 2.36% - - -
 
Consumer Products & Services - 2.36% - -
 
Consumer Services - - 2.36% -
 
Education Services - - - 2.36%
 
Non-Classified 0.08% - - -
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%

Regional Allocation

pie chart
  North America 41.61%
  Developed Europe - Excl UK 29.54%
  UK 9.54%
  Cash and Equivalents 4.64%
  Middle East & Africa 4.21%
  Emerging Asia 4.09%
  Japan 3.72%
  Australia & New Zealand 2.29%
  South & Central America 0.37%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 41.61% -
 
United States - 41.61%
 
Developed Europe - Excl UK 29.54% -
 
Denmark - 16.20%
 
Ireland - 4.89%
 
France - 3.85%
 
Germany - 2.67%
 
Spain - 1.94%
 
UK 9.54% -
 
United Kingdom - 9.54%
 
Cash and Equivalents 4.64% -
 
Middle East & Africa 4.21% -
 
Kenya - 2.89%
 
South Africa - 1.32%
 
Emerging Asia 4.09% -
 
India - 4.09%
 
Japan 3.72% -
 
Japan - 3.72%
 
Australia & New Zealand 2.29% -
 
Australia - 2.29%
 
South & Central America 0.37% -
 
Brazil - 0.37%

Breakdown By Market Cap (%)

Mega
 
 
38.80%
Large
 
 
32.73%
Medium
 
 
14.37%
Small
 
 
3.35%
Non-Classified
 
 
6.11%
Cash
 
 
4.64%

Top 10 Holdings

Stock % Weight Sector Country
1 JOHNSON CONTROLS INTERNATIONAL 4.89% Electronic & Electrical Equipment Ireland
2 ALK-ABELLO A/S 4.59% Pharmaceuticals & Biotechnology Denmark
3 HDFC BANK LTD 4.09% Banks India
4 ROCKWOOL INTERNATIONAL 3.98% Construction & Materials Denmark
5 NOVO NORDISK A/S 3.85% Pharmaceuticals & Biotechnology Denmark
6 SCHNEIDER ELECTRIC SE 3.85% Electronic & Electrical Equipment France
7 ON SEMICONDUCTOR CORP 3.84% Technology Hardware & Equipment United States
8 THERMO FISHER SCIENTIFIC INC 3.80% Medical Equipment & Services United States
9 ORSTED A/S 3.78% Electricity Denmark
10 SOLAREDGE TECHNOLOGIES INC 3.63% Renewable Energy United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 10.39% - - - - - - 10.39%
Telecommunications 1.93% 2.89% - - - - - - 4.82%
Financials 1.55% 6.92% - - - - - - 8.47%
Consumer Discretionary - 2.36% - - - - - - 2.36%
Energy 1.51% 3.63% - - - - - - 5.13%
Utilities - 6.28% - - - - - - 6.28%
Health Care 1.85% 32.53% - - - - - - 34.37%
Industrials 2.70% 20.75% - - - - - - 23.45%
Cash and Equivalents - - - - - - - 4.64% 4.64%
Non-Classified - 0.08% - - - - - - 0.08%

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 BKTPJ31
Mex Code PUAABJ
Isin Code GB00BKTPJ319
Citi Code QYKJ

Fund Charges

Annual Management Charge (AMC) Please refer to the "Guide to Fund Options"
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 Positive Impact fund (the underlying fund). Underlying fund objective: The fund has two aims: To provide a higher total return (the combination of capital growth and income), net of the Ongoing Charges Figure, than the MSCI ACWI Index over any five-year period; and To invest in companies that aim to have a positive societal impact through addressing the world’s major social and environmental challenges. The fund gains its exposure through the M&G Positive Impact Fund, an M&G OEIC. The fund is a concentrated portfolio of global stocks, usually holding fewer than 40 stocks, investing over the long term in companies that make a positive social and/or environmental impact alongside a financial return, using a disciplined stock selection process. Sustainability and impact considerations are fundamental in determining the fund’s investment universe and assessing business models. The fund embraces the United Nations Sustainable Development Goals framework and invests in companies focused on areas including climate action, pollution reduction, circular economy, health and wellbeing, education and innovation, and working conditions. The fund invests in three categories of positive impact companies: “Pioneers”, whose products or services have a transformational effect on society or the environment; “Enablers”, which provide the tools for others to deliver positive social or environmental impact; and “Leaders”, which spearhead the development of sustainability in their industries. Investing in these categories provides diversification across industries and maturity of business models. Dialogue with the companies in which the fund invests is fundamental to the investment approach. The objective is to support and influence their contribution to the world’s major social and environmental challenges. The fund manager has discretion to invest in companies with limited exposure to fossil fuels but which are driving or significantly participating in the transition to a more sustainable economy. The fund may also invest in other transferable securities, cash, and near cash, directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for Efficient Portfolio Management and hedging.
Benchmark MSCI ACWI Index
ABI Sector 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).

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.

Help

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 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.