Prudential Aegon Investment Grade Bond Ser A
Performance
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Top 10 Holdings
| Stock | % Weight |
|---|---|
| ROTHESAY LIFE 3.375% 12/07/2026 REGS | 1.96 |
| QBE INSURANCE GROUP LTD VAR 02/12/2044 | 1.76 |
| DWR CYMRU FINANCING UK 1.625% 31/03/2026 EMTN | 1.64 |
| DEUTSCHE BANK AG VAR 22/12/2028 EMTN | 1.55 |
| PRUDENTIAL PLC VAR 03/11/2033 EMTN | 1.47 |
| CPUK FINANCE LTD 6.5% 28/08/2026 | 1.46 |
| RAC BOND CO PLC 4.87% 06/05/2026 EMTN | 1.36 |
| ORSTED A/S 2.5% 16/05/2033 EMTN | 1.34 |
| LEGAL & GENERAL GROUP VAR 26/11/2049 EMTN | 1.33 |
| LEGAL & GENERAL GROUP VAR 14/11/2048 | 1.29 |
| Total | 15.16 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Aegon Investment Grade Bond Fund - the underlying fund.
Underlying Fund Objective: The fund aims to maximise total return (income plus capital) by investing primarily in investment grade and government bonds denominated in sterling and other currencies. The fund may hold a maximum of 20% in high yield bonds and also hold cash. A minimum of 80% of the fund will be hedged back to sterling. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions.
Fund Manager
Euan McNeil is an investment manager in the Fixed Income team. He specialises in investment grade credit and co-manages two investment grade bond funds as well as several institutional portfolios. Euan joined us in 2003 from Britannic Asset Management, where he worked in the corporate bond team. Prior to that, he was an international equities manager at Blairlogie Capital Management. Euan studied International Business and French at the University of Strathclyde and has an MSc in Investment Analysis from the University of Stirling.
Fund Overview
| Bid (20/08/2021) | 175.00 |
| Offer (20/08/2021) | 184.20 |
| Fund size (31/07/2021) | £0.50m |
| Underlying Fund size | £182.31m |
| Number of holdings | 140 |
| Launch date | 25/01/2010 |
Fund Charges
| Annual Management Charge (AMC) | 1.70% |
| Further Costs | 0.00% |
| Yearly Total | 1.70% |
Asset Allocation
| International Bonds | 47.05% | |
| UK Corporate Bonds | 40.71% | |
| Cash and Equivalents | 3.16% | |
| UK Gilts | 0.72% | |
| Alternative Trading Strategies | 0.18% | |
| Other Assets | 8.18% |
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 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 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.
Asset Allocation
| International Bonds | 47.05% | |
| UK Corporate Bonds | 40.71% | |
| Cash and Equivalents | 3.16% | |
| UK Gilts | 0.72% | |
| Alternative Trading Strategies | 0.18% | |
| Other Assets | 8.18% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 88.48% | - | - | - | |
| Non-Classified | 8.18% | - | - | - | |
| Cash and Equivalents | 3.16% | - | - | - | |
| Alternative Trading Strategies | 0.18% | - | - | - | |
| Alternative Trading Strategies | - | 0.18% | - | - | |
| Alternative Trading Strategies | - | - | 0.18% | - | |
| Alternative Trading Strategies | - | - | - | 0.18% | |
Regional Allocation
| UK | 41.43% | |
| Developed Europe - Excl UK | 25.79% | |
| Non-Classified | 19.72% | |
| North America | 6.51% | |
| Australia & New Zealand | 3.39% | |
| Cash and Equivalents | 3.16% |
Fixed Interest Currencies
| Pound Sterling | 71.02% | |
| US Dollar | 9.74% | |
| Non-Fixed Interest Assets | 8.36% | |
| Euro | 7.72% | |
| Cash | 3.16% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 41.43% | - | |
United Kingdom
|
- | 41.43% | |
| Developed Europe - Excl UK | 25.79% | - | |
France
|
- | 7.96% | |
Netherlands
|
- | 3.95% | |
Italy
|
- | 3.33% | |
Switzerland
|
- | 2.58% | |
Germany
|
- | 2.41% | |
Luxembourg
|
- | 1.95% | |
Denmark
|
- | 1.34% | |
Spain
|
- | 0.72% | |
Sweden
|
- | 0.52% | |
Austria
|
- | 0.51% | |
Belgium
|
- | 0.51% | |
| Non-Classified | 19.72% | - | |
| North America | 6.51% | - | |
United States
|
- | 6.51% | |
| Australia & New Zealand | 3.39% | - | |
Australia
|
- | 3.39% | |
| Cash and Equivalents | 3.16% | - | |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
15.83% |
| 5Yr - 10Yr Maturity |
|
37.93% |
| 10Yr - 15Yr Maturity |
|
7.44% |
| > 15Yr Maturity |
|
27.28% |
| Cash And Equivalents |
|
3.16% |
| Unknown Maturity |
|
8.18% |
| Other Asset Types |
|
0.18% |
Fixed Interest Quality Profile
| AAA |
|
1.12% |
| AA |
|
4.29% |
| A |
|
18.40% |
| BBB |
|
39.91% |
| Sub-Investment Grade |
|
4.18% |
| Unknown Quality |
|
20.57% |
| Cash and Equivalents |
|
3.16% |
| Other Asset Types |
|
8.36% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ROTHESAY LIFE 3.375% 12/07/2026 REGS | 1.96% | Bonds | United Kingdom |
| 2 | QBE INSURANCE GROUP LTD VAR 02/12/2044 | 1.76% | Bonds | Australia |
| 3 | DWR CYMRU FINANCING UK 1.625% 31/03/2026 EMTN | 1.64% | Bonds | Non-Classified |
| 4 | DEUTSCHE BANK AG VAR 22/12/2028 EMTN | 1.55% | Bonds | Germany |
| 5 | PRUDENTIAL PLC VAR 03/11/2033 EMTN | 1.47% | Bonds | United Kingdom |
| 6 | CPUK FINANCE LTD 6.5% 28/08/2026 | 1.46% | Bonds | Non-Classified |
| 7 | RAC BOND CO PLC 4.87% 06/05/2026 EMTN | 1.36% | Bonds | United Kingdom |
| 8 | ORSTED A/S 2.5% 16/05/2033 EMTN | 1.34% | Bonds | Denmark |
| 9 | LEGAL & GENERAL GROUP VAR 26/11/2049 EMTN | 1.33% | Bonds | United Kingdom |
| 10 | LEGAL & GENERAL GROUP VAR 14/11/2048 | 1.29% | Bonds | United Kingdom |
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 | B5BGJ93 |
| Mex Code | PUAIGB |
| Isin Code | GB00B5BGJ933 |
| Citi Code | I2X5 |
Fund Charges
| Annual Management Charge (AMC) | 1.70% |
| Further Costs | 0.00% |
| Yearly Total | 1.70% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Aegon Investment Grade Bond Fund - the underlying fund. Underlying Fund Objective: The fund aims to maximise total return (income plus capital) by investing primarily in investment grade and government bonds denominated in sterling and other currencies. The fund may hold a maximum of 20% in high yield bonds and also hold cash. A minimum of 80% of the fund will be hedged back to sterling. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions. |
| Benchmark | Investment Association Sterling Corporate Bond sector |
| ABI Sector | Sterling Corporate Bond |
Ratings
| FE Crown |  |
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 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 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.