Prudential BlackRock Ascent Pacific Rim Equity 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

30/06/17
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
30/06/21
to
30/06/22
Fund 5.3% 8.5% -5.4% 27.4% -10.6%
Benchmark 5.8% 6.1% -5.6% 29.8% -11.1%

Performance - to latest available quarter end

Quarter Annualised
2
2022
3 Years to
30/06/22
5 Years to
30/06/22
10 Years to
30/06/22
Fund -9.2% 2.6% 4.3% 7.4%
Benchmark -8.7% 2.9% 4.1% 7.4%

Top 10 Holdings

Stock % Weight
SAMSUNG ELECTRONICS CO. LTD 8.36
BHP GROUP LIMITED 5.23
AUSTRALIA (COMMONWEALTH BANK OF) 4.15
AIA GROUP LIMITED 4.06
CSL LTD 3.03
NATIONAL AUSTRALIA BANK LIMITED 2.36
WESTPAC BANKING CORPORATION 1.95
HONG KONG EXCHANGES AND CLEARING LIMITED 1.79
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 1.64
MACQUARIE GROUP LIMITED 1.51
Total 34.07

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the BlackRock Ascent Pacific Rim Equity Fund - the underlying fund.

Underlying Fund Objective: The fund invests in the shares of companies in the Pacific Rim and aims to provide returns consistent with the markets in which it invests. Please note, since March 2009 that Fund invests exclusively into the Aquila Life Pacific Rim Equity Index Fund.

Performance objective: To match the performance of the benchmark.

Fund Manager

Team Managed manager of the underlying fund for 23 years and 1 months

Photo of Team Managed Team Managed

Fund Overview

Daily price (11/08/2022) 650.70
Fund size (30/06/2022) £3.29m
Underlying Fund size £4.81m
Number of holdings 423
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 30/04/2004

Asset Allocation

pie chart
  International Equities 93.70%
  Property 3.71%
  Cash and Equivalents 0.54%
  UK Equities 0.04%
  Alternative Trading Strategies 0.03%
  Other Assets 1.98%

Commentary

Performance as at Q1 2022 - As the fund managers assess the ongoing events in Russia, they have laid out 5 key things they are monitoring with respect to the future direction of Emerging Market equities.

These are: 1) Degree to which the conflict is localised; 2) reaction of commodity prices and financial flows to sanctions and counter-sanctions; 3) response by public sector authorities; 4) China’s position; and 5) unintended consequences. Several outcomes are possible, from a sudden de-escalation to severe inflationary and growth shock waves, and globalisation of the conflict. Some outcomes could lead to a global de-risking of assets, which could significantly raise volatilities, potentially prompting a dangerous cascade of liquidations. Sanctions: A) It appears that sanctions exclude energy and some other commodities, although it’s not clear how financial institutions will be able to segregate relationships. B) Some Russian banks might be excluded from a SWIFT ban, reducing the impact. C) Russia tried to prepare for such an eventuality, with over 20% of reserves held in gold, and another 13% in Renminbi while share of USD in reserves dropped to 16%. D) Russia is not only a top ten global economy but also a major supplier of commodities, with any interruption causing global inflationary shocks.

China: If and when China takes a position on Russia’s actions this could be viewed in a wider context especially with regard to influencing Russia’s position and or a raising of risk premiums with regard to tensions in the South China Sea. China has given only lukewarm support to its long term partnership with Russia, while still affirming its stance of respecting territorial borders. Currently the managers believe President Xi’s primary focus remains on the upcoming party congress and maintaining domestic stability.

Unintended consequences: As risk of energy shock rises, the managers need to be aware of countries most vulnerable to this (India) or to a reversal of capital outflows on global de-risking ( India/Indonesia/Turkey/Brazil). Further spill-over risk should also be considered ( Korea/Greece). Our outlook for China remains relatively cautious but pragmatic given recent sharp relative underperformance. The managers have been adding during the recent events as they view the onshore China A market as relatively disconnected from current global risk off events while domestic liquidity is picking up. The policy crackdown across various sectors was far more severe than expected. This has not happened in China before. The managers see risk of further crackdowns to come especially where misaligned with the economic policy of the country although value is now appearing causing us to move back to neutral. They’re increasingly careful about where they invest on the long side as to not misalign ourselves with the social goals of the government. While they need to be selective, they still find interesting investment opportunities in China.

In Latin America, the managers see attractive stock valuations in Brazil and believe the country will benefit from a cyclical rebound on a tactical basis. Medium term they note rising inflation and rates as well as troubling debt dynamics and political noise give us some caution. They have liked Mexico based on the benign outcome of the mid-term election and improving economic trends. In Peru, they believe the stock market is attractive based on the improving trade position amid rising commodity prices and a weak currency.

While traditionally moments like these are buying opportunities, predicting what is going to happen is impossible – they continue to assess metrics of extreme market valuation stress while attempting to risk manage exposures through this tricky period. For most funds the managers exposure to Russian local equities is now 0% in line with fair valuation process.

Source: BlackRock

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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 93.70%
  Property 3.71%
  Cash and Equivalents 0.54%
  UK Equities 0.04%
  Alternative Trading Strategies 0.03%
  Other Assets 1.98%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 27.25% - - -
 
Banks - 16.63% - -
 
Banks - - 16.63% -
 
Banks - - - 16.63%
 
Insurance - 5.84% - -
 
Life Insurance - - 4.84% -
 
Life Insurance - - - 4.84%
 
Non-life Insurance - - 1.00% -
 
Property & Casualty Insurance - - - 1.00%
 
Financial Services - 4.79% - -
 
Investment Banking & Brokerage Services - - 4.76% -
 
Investment Services - - - 2.63%
 
Diversified Financial Services - - - 1.85%
 
Asset Managers & Custodians - - - 0.28%
 
Finance & Credit Services - - 0.03% -
 
Financial Data & Systems - - - 0.03%
 
Technology 15.77% - - -
 
Technology - 15.77% - -
 
Technology Hardware & Equipment - - 13.09% -
 
Computer Hardware - - - 10.06%
 
Semiconductors - - - 1.49%
 
Electronic Components - - - 1.45%
 
Production Technology Equipment - - - 0.09%
 
Software & Computer Services - - 2.68% -
 
Consumer Digital Services - - - 1.65%
 
Software - - - 0.52%
 
Computer Services - - - 0.50%
 
Basic Materials 12.25% - - -
 
Basic Resources - 10.72% - -
 
Industrial Metals & Mining - - 9.63% -
 
General Mining - - - 7.87%
 
Iron & Steel - - - 1.62%
 
Aluminum - - - 0.10%
 
Copper - - - 0.03%
 
Precious Metals & Mining - - 1.07% -
 
Gold Mining - - - 0.91%
 
Platinum & Precious Metals - - - 0.15%
 
Industrial Materials - - 0.03% -
 
Paper - - - 0.03%
 
Chemicals - 1.54% - -
 
Chemicals - - 1.54% -
 
Specialty Chemicals - - - 0.78%
 
Chemicals: Diversified - - - 0.51%
 
Fertilizers - - - 0.19%
 
Chemicals & Synthetic Fibers - - - 0.05%
 
Industrials 9.85% - - -
 
Industrial Goods & Services - 8.16% - -
 
Industrial Transportation - - 3.30% -
 
Transportation Services - - - 1.66%
 
Marine Transportation - - - 0.96%
 
Railroads - - - 0.41%
 
Trucking - - - 0.10%
 
Commercial Vehicles & Parts - - - 0.09%
 
Commercial Vehicle-Equipment Leasing - - - 0.05%
 
Delivery Services - - - 0.03%
 
General Industrials - - 2.80% -
 
Diversified Industrials - - - 1.41%
 
Containers & Packaging - - - 1.10%
 
Glass - - - 0.17%
 
Plastics - - - 0.08%
 
Paints & Coatings - - - 0.04%
 
Industrial Engineering - - 0.84% -
 
Machinery: Tools - - - 0.53%
 
Machinery: Industrial - - - 0.19%
 
Machinery: Construction & Handling - - - 0.12%
 
Industrial Support Services - - 0.67% -
 
Industrial Suppliers - - - 0.30%
 
Business Training & Employment Agencies - - - 0.20%
 
Professional Business Support Services - - - 0.14%
 
Security Services - - - 0.03%
 
Aerospace & Defence - - 0.29% -
 
Aerospace - - - 0.29%
 
Electronic & Electrical Equipment - - 0.26% -
 
Electrical Components - - - 0.15%
 
Electronic Equipment: Gauges & Meters - - - 0.11%
 
Construction & Materials - 1.68% - -
 
Construction & Materials - - 1.68% -
 
Construction - - - 0.80%
 
Building Materials: Other - - - 0.54%
 
Engineering & Contracting Services - - - 0.29%
 
Cement - - - 0.05%
 
Consumer Discretionary 8.46% - - -
 
Travel & Leisure - 2.40% - -
 
Travel & Leisure - - 2.40% -
 
Casinos & Gambling - - - 1.62%
 
Airlines - - - 0.48%
 
Travel & Tourism - - - 0.16%
 
Restaurants & Bars - - - 0.12%
 
Hotels & Motels - - - 0.03%
 
Automobiles & Parts - 2.09% - -
 
Automobiles & Parts - - 2.09% -
 
Automobiles - - - 1.47%
 
Auto Parts - - - 0.56%
 
Tires - - - 0.07%
 
Consumer Products & Services - 1.94% - -
 
Leisure Goods - - 1.01% -
 
Electronic Entertainment - - - 0.59%
 
Consumer Electronics - - - 0.32%
 
Recreational Vehicles & Boats - - - 0.10%
 
Personal Goods - - 0.57% -
 
Clothing & Accessories - - - 0.26%
 
Cosmetics - - - 0.19%
 
Luxury Items - - - 0.10%
 
Footwear - - - 0.03%
 
Household Goods & Home Construction - - 0.19% -
 
Household Equipment & Products - - - 0.11%
 
Household Furnishings - - - 0.07%
 
Household Appliance - - - 0.02%
 
Consumer Services - - 0.17% -
 
Education Services - - - 0.10%
 
Vending & Catering Service - - - 0.07%
 
Retail - 1.73% - -
 
Retailers - - 1.73% -
 
Diversified Retailers - - - 1.57%
 
Specialty Retailers - - - 0.12%
 
Apparel Retailers - - - 0.04%
 
Media - 0.28% - -
 
Media - - 0.28% -
 
Media Agencies - - - 0.17%
 
Entertainment - - - 0.11%
 
Real Estate 7.41% - - -
 
Real Estate - 7.41% - -
 
Real Estate Investment Trusts - - 4.21% -
 
Retail REITs - - - 1.88%
 
Diversified REITs - - - 1.02%
 
Office REITs - - - 0.44%
 
Residential REITs - - - 0.43%
 
Industrial REITs - - - 0.33%
 
Other Specialty REITs - - - 0.06%
 
Hotel & Lodging REITs - - - 0.05%
 
Real Estate Investment & Services - - 3.19% -
 
Real Estate Holding and Development - - - 3.06%
 
Real Estate Services - - - 0.13%
 
Health Care 6.34% - - -
 
Health Care - 6.34% - -
 
Pharmaceuticals & Biotechnology - - 4.68% -
 
Pharmaceuticals - - - 3.50%
 
Biotechnology - - - 1.18%
 
Medical Equipment & Services - - 0.83% -
 
Medical Equipment - - - 0.66%
 
Medical Supplies - - - 0.17%
 
Health Care Providers - - 0.82% -
 
Health Care Facilities - - - 0.41%
 
Health Care Services - - - 0.41%
 
Consumer Staples 3.93% - - -
 
Personal Care, Drug & Grocery Stores - 2.16% - -
 
Personal Care, Drug & Grocery Stores - - 2.16% -
 
Food Retailers & Wholesalers - - - 1.90%
 
Personal Products - - - 0.26%
 
Food, Beverage & Tobacco - 1.77% - -
 
Food Producers - - 1.06% -
 
Food Products - - - 0.82%
 
Fruit & Grain Processing - - - 0.20%
 
Farming, Fishing, Ranching & Plantations - - - 0.04%
 
Beverages - - 0.47% -
 
Distillers & Vintners - - - 0.22%
 
Brewers - - - 0.15%
 
Soft Drinks - - - 0.10%
 
Tobacco - - 0.24% -
 
Tobacco - - - 0.24%
 
Utilities 2.50% - - -
 
Utilities - 2.50% - -
 
Electricity - - 1.42% -
 
Conventional Electricity - - - 1.10%
 
Alternative Electricity - - - 0.32%
 
Gas, Water & Multi-utilities - - 0.92% -
 
Multi-Utilities - - - 0.47%
 
Gas Distribution - - - 0.45%
 
Waste & Disposal Services - - 0.16% -
 
Waste & Disposal Services - - - 0.16%
 
Energy 2.13% - - -
 
Energy - 2.13% - -
 
Non-Renewable Energy - - 2.13% -
 
Oil: Crude Producers - - - 0.70%
 
Oil Refining and Marketing - - - 0.62%
 
Pipelines - - - 0.31%
 
Coal - - - 0.27%
 
Oil Equipment & Services - - - 0.23%
 
Non-Classified 1.98% - - -
 
Non-Classified - 0.22% - -
 
Non-Classified - - 0.22% -
 
Non-Classified - - - 0.22%
 
Telecommunications 1.57% - - -
 
Telecommunications - 1.57% - -
 
Telecommunications Service Providers - - 1.52% -
 
Telecommunications Services - - - 1.52%
 
Telecommunications Equipment - - 0.05% -
 
Telecommunications Equipment - - - 0.05%
 
Cash and Equivalents 0.54% - - -
 
Alternative Trading Strategies 0.03% - - -
 
Alternative Trading Strategies - 0.03% - -
 
Alternative Trading Strategies - - 0.03% -
 
Alternative Trading Strategies - - - 0.03%

Regional Allocation

pie chart
  Australia & New Zealand 41.74%
  Emerging Asia 29.33%
  Developed Asia 21.74%
  Property 3.71%
  Non-Classified 2.01%
  Developed Europe - Excl UK 0.61%
  Cash and Equivalents 0.54%
  North America 0.29%
  UK 0.04%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.58%
  Cash 0.42%

Regional Breakdown

Expand allCollapse all
Region Country
 
Australia & New Zealand 41.74% -
 
Australia - 39.90%
 
New Zealand - 1.84%
 
Emerging Asia 29.33% -
 
South Korea - 29.33%
 
Malaysia - 0.00%
 
Developed Asia 21.74% -
 
Hong Kong - 15.12%
 
Singapore - 6.62%
 
Property 3.71% -
 
Non-Classified 2.01% -
 
Developed Europe - Excl UK 0.61% -
 
Ireland - 0.37%
 
Luxembourg - 0.14%
 
Italy - 0.10%
 
Cash and Equivalents 0.54% -
 
North America 0.29% -
 
United States - 0.29%
 
UK 0.04% -
 
United Kingdom - 0.04%

Breakdown By Market Cap (%)

Mega
 
 
53.13%
Large
 
 
26.92%
Medium
 
 
14.93%
Small
 
 
0.57%
Non-Classified
 
 
3.90%
Cash
 
 
0.54%

Top 10 Holdings

Stock % Weight Sector Country
1 SAMSUNG ELECTRONICS CO. LTD 8.36% Technology Hardware & Equipment South Korea
2 BHP GROUP LIMITED 5.23% Industrial Metals & Mining Australia
3 AUSTRALIA (COMMONWEALTH BANK OF) 4.15% Banks Australia
4 AIA GROUP LIMITED 4.06% Life Insurance Hong Kong
5 CSL LTD 3.03% Pharmaceuticals & Biotechnology Australia
6 NATIONAL AUSTRALIA BANK LIMITED 2.36% Banks Australia
7 WESTPAC BANKING CORPORATION 1.95% Banks Australia
8 HONG KONG EXCHANGES AND CLEARING LIMITED 1.79% Investment Banking & Brokerage Services Hong Kong
9 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 1.64% Banks Australia
10 MACQUARIE GROUP LIMITED 1.51% Investment Banking & Brokerage Services Australia

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 15.77% - - - - - - 15.77%
Telecommunications - 1.57% - - - - - - 1.57%
Financials - 27.25% - - - - - - 27.25%
Real Estate - 3.70% - - - 3.71% - - 7.41%
Consumer Discretionary - 8.46% - - - - 0.23% - 8.69%
Consumer Staples - 3.93% - - - - 0.03% - 3.95%
Energy - 2.13% - - - - 1.31% - 3.44%
Utilities - 2.50% - - - - - - 2.50%
Health Care 0.04% 6.30% - - - - - - 6.34%
Industrials - 9.85% - - - - - - 9.85%
Basic Materials - 12.25% - - - - 0.18% - 12.44%
Cash and Equivalents - - - - - - - 0.54% 0.54%
Non-Classified - - - - - - 0.25% - 0.25%

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Identification Codes

Sedol Code 3420133
Mex Code PUCPI
Isin Code GB0034201334
Citi Code P561

Fund Charges

Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the BlackRock Ascent Pacific Rim Equity Fund - the underlying fund. Underlying Fund Objective: The fund invests in the shares of companies in the Pacific Rim and aims to provide returns consistent with the markets in which it invests. Please note, since March 2009 that Fund invests exclusively into the Aquila Life Pacific Rim Equity Index Fund. Performance objective: To match the performance of the benchmark.
Benchmark FTSE All World Developed Asia Pacific ex Japan Net of Tax GBP
ABI Sector Asia Pacific excluding Japan 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).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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

Higher Risk

These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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.