Prudential Asia Pacific Bond Fund Acc (ex M&G)

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

Performance

Discrete performance - to last month end

31/07/17
to
31/07/18
31/07/18
to
31/07/19
31/07/19
to
31/07/20
31/07/20
to
31/07/21
31/07/21
to
31/07/22
Fund n/a n/a -10.4% 18.4% 4.0%

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 3.3% n/a n/a

Top 10 Holdings

Stock % Weight
TAIWAN SEMICONDUCTOR MANUFACTURING CO. 6.86
SAMSUNG ELECTRONICS CO. LTD 5.20
AIA GROUP LIMITED 4.26
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED 2.58
CK HUTCHISON HLDGS LTD 2.41
BHP GROUP LIMITED 2.28
AMCOR 2.20
SUN HUNG KAI PROPERTIES LTD 2.13
JD.COM INC 2.01
DBS GROUP HOLDINGS LTD 1.87
Total 31.78

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G Funds (1) - Asia Pacific (ex Japan) Equity fund – the underlying fund.

Underlying Fund Objective: The Sub-Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than the FTSE Custom Asia Pacific ex Japan Country Capped Index over any three-year period.

Fund Manager

David Perrett manager for 0 years and 10 months

Photo of David Perrett David joined the M&G Equity team in September 2019 as the co-Head of Asia Pacific Equity Investments. He is the fund manager for the China strategy, and deputy fund manager of the M&G Japan Fund and M&G Japan Smaller Companies Fund. David began his investment career in 1991 in the graduate scheme with Prudential Portfolio Managers in London before becoming the Asian Equity Strategist the following year. Later, as the regional strategist and regional director for Prudential Portfolio Managers (Hong Kong and Singapore), he worked with the CEO to introduce a new investment process. In 2001, David became the Chief Investment Officer, Life & Institutional for Prudential Asset Management (Hong Kong), managing a large team of investment professionals and assets across the Asia Pacific region. From 2004, David was the Managing Director and Portfolio Manager for the Fundamental Investment Group (FIG) of UBS Securities. Responsible for directly investing UBS’s proprietary capital across the Asia Pacific region via an absolute return, fundamentally driven long-short strategy. He subsequently moved to UBS O’Connor Asia ex Japan Long-Short Equity strategy within the same role following restructuring in UBS Securities in 2012. David co-founded Port Meadow Capital Management in 2014, where he ran pan Asian longshort equity strategies for institutional clients. He graduated from the London School of Economics with a Bachelor of Science, Economics and also holds a Master of Science from the University of London.

Fund Overview

Bid (16/08/2022) 117.00
Offer (16/08/2022) 123.00
Fund size (30/06/2022) £22.42m
Number of holdings 193
Launch date 09/11/2018

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.04%
Yearly Total 1.04%

Asset Allocation

pie chart
  International Equities 96.52%
  Property 0.76%
  Cash and Equivalents 0.27%
  UK Equities 0.17%
  Other Assets 2.28%
Portfolio data accurate as at: 30/06/22

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 96.52%
  Property 0.76%
  Cash and Equivalents 0.27%
  UK Equities 0.17%
  Other Assets 2.28%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 32.35% - - -
 
Banks - 18.45% - -
 
Banks - - 18.45% -
 
Banks - - - 18.45%
 
Financial Services - 7.77% - -
 
Investment Banking & Brokerage Services - - 4.61% -
 
Investment Services - - - 2.88%
 
Diversified Financial Services - - - 1.73%
 
Finance & Credit Services - - 3.17% -
 
Mortgage Finance - - - 3.17%
 
Insurance - 6.13% - -
 
Life Insurance - - 4.84% -
 
Life Insurance - - - 4.84%
 
Non-life Insurance - - 1.29% -
 
Property & Casualty Insurance - - - 1.29%
 
Technology 22.26% - - -
 
Technology - 22.26% - -
 
Technology Hardware & Equipment - - 16.62% -
 
Semiconductors - - - 9.52%
 
Computer Hardware - - - 5.20%
 
Electronic Components - - - 1.90%
 
Software & Computer Services - - 5.65% -
 
Consumer Digital Services - - - 3.99%
 
Computer Services - - - 1.66%
 
Industrials 13.75% - - -
 
Industrial Goods & Services - 13.75% - -
 
General Industrials - - 5.95% -
 
Diversified Industrials - - - 3.03%
 
Containers & Packaging - - - 2.92%
 
Industrial Transportation - - 5.15% -
 
Marine Transportation - - - 2.75%
 
Railroads - - - 0.99%
 
Transportation Services - - - 0.73%
 
Commercial Vehicles & Parts - - - 0.68%
 
Industrial Engineering - - 2.40% -
 
Machinery: Engines - - - 1.27%
 
Machinery: Tools - - - 1.13%
 
Electronic & Electrical Equipment - - 0.26% -
 
Electronic Equipment: Control & Filter - - - 0.26%
 
Consumer Discretionary 10.05% - - -
 
Retail - 4.01% - -
 
Retailers - - 4.01% -
 
Diversified Retailers - - - 4.01%
 
Automobiles & Parts - 2.77% - -
 
Automobiles & Parts - - 2.77% -
 
Automobiles - - - 2.07%
 
Auto Parts - - - 0.70%
 
Travel & Leisure - 2.44% - -
 
Travel & Leisure - - 2.44% -
 
Hotels & Motels - - - 1.18%
 
Casinos & Gambling - - - 0.84%
 
Restaurants & Bars - - - 0.42%
 
Consumer Products & Services - 0.84% - -
 
Consumer Services - - 0.84% -
 
Vending & Catering Service - - - 0.84%
 
Basic Materials 4.26% - - -
 
Basic Resources - 3.78% - -
 
Industrial Metals & Mining - - 3.78% -
 
General Mining - - - 2.28%
 
Iron & Steel - - - 1.50%
 
Chemicals - 0.48% - -
 
Chemicals - - 0.48% -
 
Chemicals: Diversified - - - 0.48%
 
Telecommunications 3.92% - - -
 
Telecommunications - 3.92% - -
 
Telecommunications Service Providers - - 3.92% -
 
Telecommunications Services - - - 3.92%
 
Real Estate 3.61% - - -
 
Real Estate - 3.61% - -
 
Real Estate Investment & Services - - 2.85% -
 
Real Estate Holding and Development - - - 2.26%
 
Real Estate Services - - - 0.59%
 
Real Estate Investment Trusts - - 0.76% -
 
Residential REITs - - - 0.76%
 
Energy 2.61% - - -
 
Energy - 2.61% - -
 
Non-Renewable Energy - - 2.61% -
 
Oil Refining and Marketing - - - 1.59%
 
Integrated Oil & Gas - - - 1.02%
 
Non-Classified 2.28% - - -
 
Consumer Staples 1.92% - - -
 
Food, Beverage & Tobacco - 1.31% - -
 
Beverages - - 0.91% -
 
Brewers - - - 0.91%
 
Food Producers - - 0.40% -
 
Food Products - - - 0.40%
 
Personal Care, Drug & Grocery Stores - 0.61% - -
 
Personal Care, Drug & Grocery Stores - - 0.61% -
 
Food Retailers & Wholesalers - - - 0.61%
 
Utilities 1.58% - - -
 
Utilities - 1.58% - -
 
Electricity - - 1.58% -
 
Conventional Electricity - - - 1.58%
 
Health Care 1.15% - - -
 
Health Care - 1.15% - -
 
Pharmaceuticals & Biotechnology - - 1.15% -
 
Pharmaceuticals - - - 1.15%
 
Cash and Equivalents 0.27% - - -

Regional Allocation

pie chart
  Emerging Asia 53.94%
  Developed Asia 25.11%
  Australia & New Zealand 12.11%
  North America 5.10%
  Non-Classified 2.54%
  Property 0.76%
  Cash and Equivalents 0.27%
  UK 0.17%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.07%
  Cash -0.07%

Regional Breakdown

Expand allCollapse all
Region Country
 
Emerging Asia 53.94% -
 
South Korea - 15.31%
 
China - 11.36%
 
Taiwan - 10.42%
 
India - 8.94%
 
Indonesia - 4.10%
 
Thailand - 2.68%
 
Malaysia - 0.86%
 
Philippines - 0.27%
 
Developed Asia 25.11% -
 
Hong Kong - 18.05%
 
Singapore - 7.07%
 
Australia & New Zealand 12.11% -
 
Australia - 12.11%
 
North America 5.10% -
 
United States - 4.08%
 
Canada - 1.02%
 
Non-Classified 2.54% -
 
Property 0.76% -
 
Cash and Equivalents 0.27% -
 
UK 0.17% -
 
United Kingdom - 0.17%

Breakdown By Market Cap (%)

Mega
 
 
58.10%
Large
 
 
21.58%
Medium
 
 
10.96%
Small
 
 
0.26%
Non-Classified
 
 
8.82%
Cash
 
 
0.27%

Top 10 Holdings

Stock % Weight Sector Country
1 TAIWAN SEMICONDUCTOR MANUFACTURING CO. 6.86% Technology Hardware & Equipment Taiwan
2 SAMSUNG ELECTRONICS CO. LTD 5.20% Technology Hardware & Equipment South Korea
3 AIA GROUP LIMITED 4.26% Life Insurance Hong Kong
4 HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED 2.58% Finance & Credit Services India
5 CK HUTCHISON HLDGS LTD 2.41% General Industrials Hong Kong
6 BHP GROUP LIMITED 2.28% Industrial Metals & Mining Australia
7 AMCOR 2.20% General Industrials Australia
8 SUN HUNG KAI PROPERTIES LTD 2.13% Real Estate Investment & Services Hong Kong
9 JD.COM INC 2.01% Retailers China
10 DBS GROUP HOLDINGS LTD 1.87% Banks Singapore

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 22.26% - - - - - - 22.26%
Telecommunications - 3.92% - - - - - - 3.92%
Financials - 32.35% - - - - - - 32.35%
Real Estate - 2.85% - - - 0.76% - - 3.61%
Consumer Discretionary - 10.05% - - - - - - 10.05%
Consumer Staples - 1.92% - - - - - - 1.92%
Energy - 2.61% - - - - 1.49% - 4.10%
Utilities - 1.58% - - - - - - 1.58%
Health Care 0.17% 0.98% - - - - - - 1.15%
Industrials - 13.75% - - - - - - 13.75%
Basic Materials - 4.26% - - - - - - 4.26%
Cash and Equivalents - - - - - - - 0.27% 0.27%
Non-Classified - - - - - - 0.79% - 0.79%

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 BFCMQM2
Mex Code PUWDD
Isin Code GB00BFCMQM29
Citi Code PKU4

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.04%
Yearly Total 1.04%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G Funds (1) - Asia Pacific (ex Japan) Equity fund – the underlying fund. Underlying Fund Objective: The Sub-Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than the FTSE Custom Asia Pacific ex Japan Country Capped Index over any three-year period.
Benchmark FTSE Custom Asia Pacific ex Japan Country Capped Index
ABI Sector Asia Pacific excluding Japan Equities

Ratings

FE Crown Crown Rating of 3

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.