Prudential M&G Episode Growth (exSA) S1

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

Performance

Discrete performance - to last month end

30/09/20
to
30/09/21
30/09/21
to
30/09/22
30/09/22
to
30/09/23
30/09/23
to
30/09/24
30/09/24
to
30/09/25
Fund 12.4% -4.8% 7.6% 13.0% 10.0%
Sector 14.1% -8.4% 5.1% 11.1% 8.0%
Rank 241/334 35/334 38/336 49/337 49/337
Quartile 3 1 1 1 1

Annualised performance

Annualised
3 Years to
30/09/25
5 Years to
30/09/25
10 Years to
30/09/25
Fund 10.2% 7.4% 6.6%
Sector 8.0% 5.7% 5.5%
Rank 19/336 27/334 71/319
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
3¾% Treasury Gilt 2053 7.03
UNITED KINGDOM OF GREAT BRITAIN AN 0% 29/09/2025 5.11
UNITED KINGDOM OF GREAT BRITAIN AN 0% 27/10/2025 4.83
NVIDIA CORPORATION 2.84
AMAZON.COM 2.15
META PLATFORMS 1.98
MICROSOFT CORPORATION 1.73
ALPHABET 1.33
BROADCOM 1.28
APPLE 1.25
Total 29.54

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G Episode Growth Fund - the underlying fund.

Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Mixed Investment 40-85% Shares Sector over any five-year period. The fund has a very flexible investment approach, with the freedom to invest in different types of assets. The approach combines indepth research to determine the value of assets over the medium to long term, with analysis of investors’ emotional reaction to events to identify investment opportunities. The fund gains access to assets directly and indirectly through other funds or derivatives.

Fund Manager

Tony Finding manager of the underlying fund for 2 years and 10 months

Photo of Tony Finding Tony Finding joined PPM (now M&G) in 1997 as an economist. Subsequently, he took responsibility for the generation of views on yield curve and foreign exchange trading opportunities. In 2001, Tony developed his expertise in credit and exotic fixed interest securities by spending time seconded to Prudential's US-based investment management team. Tony has been in his current role as a member of the multi asset team since 1999. In January 2011, Tony was appointed co-manager of the M&G Cautious Multi Asset Fund and the M&G Dynamic Allocation Fund. He has a BSc in economics from the LSE and is also a CFA charterholder.

Craig Simpson manager of the underlying fund for 2 years and 10 months

Photo of Craig Simpson Craig Simpson was appointed co-manager of the M&G Episode Growth Fund in December 2019, and co-deputy fund manager of the M&G Global Target Return Fund from launch in December 2016. In February 2015, he was appointed Head of Portfolio Management for the Multi Asset team. Craig joined M&G in 2004 as a portfolio manager and has more than 15 years’ experience in the investment industry. Prior to joining M&G, Craig was a trainee fund manager at Equitable Life Assurance and an analyst at Pictet Asset Management. He graduated from the University of Aberdeen with a degree in land economics.

Fund Overview

Bid (15/10/2025) 455.20
Offer (15/10/2025) 479.20
Fund size (28/02/2025) £16.36m
Underlying Fund size £916.53m
Number of holdings 5815
Launch date 19/06/1995

Fund Charges

Annual Management Charge (AMC) 0.75%
Further Costs 0.01%
Yearly Total 0.76%

Asset Allocation

pie chart
  International Equities 74.82%
  UK Corporate Bonds 11.89%
  UK Gilts 7.03%
  UK Equities 2.47%
  Cash and Equivalents 0.72%
  Alternative Trading Strategies 0.55%
  Property 0.50%
  Money Market 0.07%
  International Bonds -4.38%
  Other Assets 6.34%
Portfolio data accurate as at: 30/08/25

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 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 74.82%
  UK Corporate Bonds 11.89%
  UK Gilts 7.03%
  UK Equities 2.47%
  Cash and Equivalents 0.72%
  Alternative Trading Strategies 0.55%
  Property 0.50%
  Money Market 0.07%
  International Bonds -4.38%
  Other Assets 6.34%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 18.96% - - -
 
Technology - 18.96% - -
 
Software & Computer Services - - 9.97% -
 
Consumer Digital Services - - - 5.33%
 
Software - - - 4.17%
 
Computer Services - - - 0.47%
 
Technology Hardware & Equipment - - 8.99% -
 
Semiconductors - - - 6.28%
 
Computer Hardware - - - 1.45%
 
Production Technology Equipment - - - 0.93%
 
Electronic Components - - - 0.31%
 
Electronic Office Equipment - - - 0.01%
 
Non-Classified 16.26% - - -
 
Non-Classified - 4.49% - -
 
Non-Classified - - 4.49% -
 
Non-Classified - - - 4.49%
 
Bonds 14.54% - - -
 
Consumer Discretionary 10.44% - - -
 
Retail - 4.17% - -
 
Retailers - - 4.17% -
 
Diversified Retailers - - - 3.03%
 
Specialty Retailers - - - 0.52%
 
Apparel Retailers - - - 0.44%
 
Home Improvement Retailers - - - 0.19%
 
Automobiles & Parts - 1.97% - -
 
Automobiles & Parts - - 1.97% -
 
Automobiles - - - 1.85%
 
Auto Parts - - - 0.07%
 
Tires - - - 0.05%
 
Auto Services - - - 0.01%
 
Consumer Products & Services - 1.93% - -
 
Personal Goods - - 1.03% -
 
Clothing & Accessories - - - 0.64%
 
Luxury Items - - - 0.18%
 
Cosmetics - - - 0.11%
 
Footwear - - - 0.10%
 
Leisure Goods - - 0.56% -
 
Electronic Entertainment - - - 0.43%
 
Consumer Electronics - - - 0.06%
 
Recreational Vehicles & Boats - - - 0.05%
 
Photography - - - 0.01%
 
Toys - - - 0.01%
 
Recreational Products - - - 0.01%
 
Consumer Services - - 0.19% -
 
Consumer Services: Misc. - - - 0.13%
 
Rental & Leasing Services: Consumer - - - 0.04%
 
Vending & Catering Service - - - 0.02%
 
Education Services - - - 0.01%
 
Household Goods & Home Construction - - 0.15% -
 
Home Construction - - - 0.10%
 
Household Equipment & Products - - - 0.03%
 
Household Appliance - - - 0.02%
 
Household Furnishings - - - 0.00%
 
Media - 1.43% - -
 
Media - - 1.43% -
 
Entertainment - - - 1.10%
 
Media Agencies - - - 0.14%
 
Radio & TV Broadcasters - - - 0.09%
 
Publishing - - - 0.09%
 
Travel & Leisure - 0.95% - -
 
Travel & Leisure - - 0.95% -
 
Travel & Tourism - - - 0.30%
 
Hotels & Motels - - - 0.21%
 
Restaurants & Bars - - - 0.20%
 
Casinos & Gambling - - - 0.18%
 
Airlines - - - 0.04%
 
Recreational Services - - - 0.01%
 
Financials 10.31% - - -
 
Banks - 4.91% - -
 
Banks - - 4.91% -
 
Banks - - - 4.91%
 
Financial Services - 2.92% - -
 
Investment Banking & Brokerage Services - - 2.45% -
 
Investment Services - - - 1.07%
 
Diversified Financial Services - - - 0.82%
 
Asset Managers & Custodians - - - 0.56%
 
Finance & Credit Services - - 0.47% -
 
Consumer Lending - - - 0.31%
 
Financial Data & Systems - - - 0.11%
 
Mortgage Finance - - - 0.06%
 
Mortgage Real Estate Investment Trusts - - 0.00% -
 
Mortgage REITs: Residential - - - 0.00%
 
Insurance - 2.47% - -
 
Non-life Insurance - - 1.87% -
 
Full Line Insurance - - - 0.80%
 
Property & Casualty Insurance - - - 0.65%
 
Reinsurance - - - 0.24%
 
Insurance Brokers - - - 0.17%
 
Life Insurance - - 0.61% -
 
Life Insurance - - - 0.61%
 
Industrials 8.13% - - -
 
Industrial Goods & Services - 6.88% - -
 
Aerospace & Defence - - 1.91% -
 
Aerospace - - - 1.53%
 
Defense - - - 0.37%
 
Industrial Support Services - - 1.27% -
 
Transaction Processing Services - - - 0.70%
 
Professional Business Support Services - - - 0.38%
 
Industrial Suppliers - - - 0.10%
 
Business Training & Employment Agencies - - - 0.05%
 
Security Services - - - 0.03%
 
Forms & Bulk Printing Services - - - 0.00%
 
Industrial Transportation - - 1.11% -
 
Transportation Services - - - 0.47%
 
Marine Transportation - - - 0.19%
 
Railroads - - - 0.14%
 
Delivery Services - - - 0.12%
 
Commercial Vehicles & Parts - - - 0.11%
 
Commercial Vehicle-Equipment Leasing - - - 0.03%
 
Railroad Equipment - - - 0.03%
 
Trucking - - - 0.02%
 
General Industrials - - 0.99% -
 
Diversified Industrials - - - 0.77%
 
Containers & Packaging - - - 0.15%
 
Paints & Coatings - - - 0.04%
 
Plastics - - - 0.01%
 
Glass - - - 0.01%
 
Electronic & Electrical Equipment - - 0.90% -
 
Electrical Components - - - 0.70%
 
Electronic Equipment: Control & Filter - - - 0.09%
 
Electronic Equipment: Gauges & Meters - - - 0.07%
 
Electronic Equipment: Other - - - 0.03%
 
Electronic Equipment: Pollution Control - - - 0.02%
 
Industrial Engineering - - 0.70% -
 
Machinery: Construction & Handling - - - 0.27%
 
Machinery: Industrial - - - 0.23%
 
Machinery: Engines - - - 0.06%
 
Machinery: Agricultural - - - 0.06%
 
Machinery: Tools - - - 0.04%
 
Machinery: Specialty - - - 0.04%
 
Construction & Materials - 1.25% - -
 
Construction & Materials - - 1.25% -
 
Building Materials: Other - - - 0.33%
 
Cement - - - 0.31%
 
Construction - - - 0.25%
 
Building: Climate Control - - - 0.17%
 
Engineering & Contracting Services - - - 0.12%
 
Building, Roofing/Wallboard & Plumbing - - - 0.07%
 
Health Care 6.75% - - -
 
Health Care - 6.75% - -
 
Pharmaceuticals & Biotechnology - - 3.57% -
 
Pharmaceuticals - - - 3.10%
 
Biotechnology - - - 0.46%
 
Medical Equipment & Services - - 2.22% -
 
Medical Equipment - - - 1.88%
 
Medical Supplies - - - 0.31%
 
Medical Services - - - 0.03%
 
Health Care Providers - - 0.96% -
 
Health Care Management Services - - - 0.67%
 
Health Care Facilities - - - 0.22%
 
Health Care Services - - - 0.07%
 
Consumer Staples 3.29% - - -
 
Food, Beverage & Tobacco - 2.25% - -
 
Beverages - - 1.12% -
 
Soft Drinks - - - 0.72%
 
Brewers - - - 0.32%
 
Distillers & Vintners - - - 0.08%
 
Food Producers - - 0.96% -
 
Food Products - - - 0.91%
 
Farming, Fishing, Ranching & Plantations - - - 0.03%
 
Fruit & Grain Processing - - - 0.02%
 
Tobacco - - 0.17% -
 
Tobacco - - - 0.17%
 
Personal Care, Drug & Grocery Stores - 1.05% - -
 
Personal Care, Drug & Grocery Stores - - 1.05% -
 
Personal Products - - - 0.49%
 
Drug Retailers - - - 0.33%
 
Food Retailers & Wholesalers - - - 0.20%
 
Nondurable Household Products - - - 0.02%
 
Energy 2.44% - - -
 
Energy - 2.44% - -
 
Non-Renewable Energy - - 2.30% -
 
Integrated Oil & Gas - - - 0.97%
 
Oil Equipment & Services - - - 0.54%
 
Oil: Crude Producers - - - 0.26%
 
Oil Refining and Marketing - - - 0.24%
 
Pipelines - - - 0.23%
 
Coal - - - 0.03%
 
Offshore Drilling & Other Services - - - 0.03%
 
Renewable Energy - - 0.14% -
 
Renewable Energy Equipment - - - 0.13%
 
Alternative Fuels - - - 0.01%
 
Telecommunications 2.18% - - -
 
Telecommunications - 2.18% - -
 
Telecommunications Service Providers - - 1.28% -
 
Telecommunications Services - - - 1.16%
 
Cable Television Services - - - 0.12%
 
Telecommunications Equipment - - 0.90% -
 
Telecommunications Equipment - - - 0.90%
 
Basic Materials 2.05% - - -
 
Basic Resources - 1.18% - -
 
Industrial Metals & Mining - - 0.96% -
 
Iron & Steel - - - 0.35%
 
Nonferrous Metals - - - 0.28%
 
General Mining - - - 0.16%
 
Metal Fabricating - - - 0.10%
 
Aluminum - - - 0.03%
 
Copper - - - 0.03%
 
Industrial Materials - - 0.11% -
 
Paper - - - 0.09%
 
Diversified Materials - - - 0.01%
 
Forestry - - - 0.01%
 
Precious Metals & Mining - - 0.11% -
 
Gold Mining - - - 0.11%
 
Platinum & Precious Metals - - - 0.00%
 
Chemicals - 0.88% - -
 
Chemicals - - 0.88% -
 
Chemicals: Diversified - - - 0.60%
 
Specialty Chemicals - - - 0.25%
 
Fertilizers - - - 0.03%
 
Chemicals & Synthetic Fibers - - - 0.00%
 
Utilities 1.95% - - -
 
Utilities - 1.95% - -
 
Electricity - - 1.34% -
 
Conventional Electricity - - - 1.19%
 
Alternative Electricity - - - 0.15%
 
Gas, Water & Multi-utilities - - 0.37% -
 
Multi-Utilities - - - 0.23%
 
Water - - - 0.10%
 
Gas Distribution - - - 0.04%
 
Waste & Disposal Services - - 0.25% -
 
Waste & Disposal Services - - - 0.25%
 
Real Estate 1.35% - - -
 
Real Estate - 1.35% - -
 
Real Estate Investment Trusts - - 0.93% -
 
Other Specialty REITs - - - 0.32%
 
Residential REITs - - - 0.14%
 
Industrial REITs - - - 0.10%
 
Diversified REITs - - - 0.08%
 
Health Care REITs - - - 0.08%
 
Retail REITs - - - 0.07%
 
Storage REITs - - - 0.06%
 
Infrastructure REITs - - - 0.06%
 
Office REITs - - - 0.01%
 
Hotel & Lodging REITs - - - 0.01%
 
Timber REITs - - - 0.00%
 
Real Estate Investment & Services - - 0.43% -
 
Real Estate Holding and Development - - - 0.25%
 
Real Estate Services - - - 0.17%
 
Cash and Equivalents 0.79% - - -
 
Alternative Trading Strategies 0.55% - - -
 
Alternative Trading Strategies - 0.55% - -
 
Alternative Trading Strategies - - 0.55% -
 
Alternative Trading Strategies - - - 0.55%

Regional Allocation

pie chart
  North America 37.24%
  UK 21.39%
  Developed Europe - Excl UK 16.65%
  Emerging Asia 7.38%
  Non-Classified 7.61%
  South & Central America 3.27%
  Middle East & Africa 1.96%
  Japan 1.24%
  Developed Asia 1.23%
  Other Regions 2.02%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 85.00%
  Pound Sterling 22.08%
  Rand 1.90%
  Cash 0.45%
  US Dollar 0.19%
  Euro 0.05%
  Other Currencies -9.67%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 37.24% -
 
United States - 36.43%
 
Canada - 0.80%
 
UK 21.39% -
 
United Kingdom - 21.39%
 
Developed Europe - Excl UK 16.65% -
 
France - 3.60%
 
Germany - 2.91%
 
Switzerland - 2.60%
 
Netherlands - 2.13%
 
Spain - 0.98%
 
Italy - 0.84%
 
Sweden - 0.79%
 
Ireland - 0.78%
 
Luxembourg - 0.63%
 
Denmark - 0.60%
 
Finland - 0.28%
 
Belgium - 0.24%
 
Norway - 0.19%
 
Austria - 0.06%
 
Portugal - 0.04%
 
Emerging Asia 7.38% -
 
China - 2.31%
 
Taiwan - 1.79%
 
India - 1.54%
 
South Korea - 1.15%
 
Thailand - 0.25%
 
Indonesia - 0.24%
 
Malaysia - 0.08%
 
Philippines - 0.03%
 
Non-Classified 7.61% -
 
South & Central America 3.27% -
 
Brazil - 1.81%
 
Mexico - 1.42%
 
Cayman Islands - 0.04%
 
Middle East & Africa 1.96% -
 
South Africa - 1.90%
 
Israel - 0.06%
 
Japan 1.24% -
 
Japan - 1.24%
 
Developed Asia 1.23% -
 
Hong Kong - 0.89%
 
Singapore - 0.34%
 
Cash and Equivalents 0.79% -
 
Australia & New Zealand 0.69% -
 
Australia - 0.67%
 
New Zealand - 0.01%
 
Property 0.47% -
 
Emerging Europe 0.07% -
 
Poland - 0.07%

Breakdown By Market Cap (%)

Mega
 
 
40.75%
Large
 
 
10.51%
Medium
 
 
3.23%
Small
 
 
1.08%
Micro
 
 
0.10%
Non-Classified
 
 
29.00%
Bonds
 
 
14.54%
Cash
 
 
0.79%

Top 10 Holdings

Stock % Weight Sector Country
1 3¾% Treasury Gilt 2053 7.03% Bonds United Kingdom
2 UNITED KINGDOM OF GREAT BRITAIN AN 0% 29/09/2025 5.11% Bonds United Kingdom
3 UNITED KINGDOM OF GREAT BRITAIN AN 0% 27/10/2025 4.83% Bonds United Kingdom
4 NVIDIA CORPORATION 2.84% Technology Hardware & Equipment United States
5 AMAZON.COM 2.15% Retailers United States
6 META PLATFORMS 1.98% Software & Computer Services United States
7 MICROSOFT CORPORATION 1.73% Software & Computer Services United States
8 ALPHABET 1.33% Software & Computer Services United States
9 BROADCOM 1.28% Technology Hardware & Equipment United States
10 APPLE 1.25% Technology Hardware & Equipment United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.12% 18.84% - - - - - - 18.96%
Telecommunications 0.01% 2.16% - 0.04% - - 0.01% - 2.22%
Financials 0.52% 9.79% - 0.04% - - - - 10.36%
Real Estate 0.11% 0.75% - - - 0.49% - - 1.35%
Consumer Discretionary 0.55% 9.89% - - - - 0.01% - 10.45%
Consumer Staples 0.18% 3.11% - - - - 0.02% - 3.32%
Energy 0.15% 2.29% - - - - - - 2.44%
Utilities 0.04% 1.92% - - - - - - 1.95%
Health Care 0.20% 6.55% - - - - - - 6.75%
Industrials 0.48% 7.65% - - - - - - 8.13%
Basic Materials 0.11% 1.95% - - - - - - 2.06%
Cash and Equivalents - - - - - - - 0.72% 0.72%
Bonds - - 11.89% -4.47% 7.03% - - - 14.46%
Non-Classified - 9.93% - - - - 6.83% 0.07% 16.83%

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 0779797
Mex Code SBGUK
Isin Code GB0007797979
Citi Code S203

Fund Charges

Annual Management Charge (AMC) 0.75%
Further Costs 0.01%
Yearly Total 0.76%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G Episode Growth Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Mixed Investment 40-85% Shares Sector over any five-year period. The fund has a very flexible investment approach, with the freedom to invest in different types of assets. The approach combines indepth research to determine the value of assets over the medium to long term, with analysis of investors’ emotional reaction to events to identify investment opportunities. The fund gains access to assets directly and indirectly through other funds or derivatives.
Benchmark IA Mixed Investment 40%-85% Shares sector average
ABI Sector Mixed Investment 40-85% Shares

Ratings

FE Crown Crown Rating of 5

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.