Prudential International Equity S1
Performance
Discrete performance - to latest available quarter end
| 30/06/19 to 30/06/20 |
30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
|
|---|---|---|---|---|---|
| Fund | -4.2% | 25.9% | -3.6% | 9.1% | 15.8% |
| Benchmark | 4.7% | 23.6% | -7.6% | 8.4% | 15.3% |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 2 2024 |
3 Years to 30/06/24 |
5 Years to 30/06/24 |
10 Years to 30/06/24 |
|
| Fund | 1.6% | 6.8% | 8.0% | 9.4% |
| Benchmark | 2.2% | 4.9% | 8.4% | 10.4% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| CME S&P EMI FUT Jun24 | 3.04 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.59 |
| SAMSUNG ELECTRONICS CO. LTD | 2.09 |
| MICROSOFT CORPORATION | 1.01 |
| APPLE | 0.97 |
| AIA GROUP LIMITED | 0.96 |
| TENCENT HOLDINGS LIMITED | 0.91 |
| NVIDIA CORPORATION | 0.80 |
| HDFC BANK LIMITED | 0.76 |
| TOYOTA MOTOR CORPORATION | 0.65 |
| Total | 13.78 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G PP International Equity Fund - the underlying fund.
Underlying Fund Objective: The fund invests, primarily via other M&G funds, in the shares of overseas companies. It is actively managed against an internal benchmark asset allocation set by the M&G Treasury & Investment Office. It is a "fund of funds" where both active stock selection, within the underlying sector funds, and asset allocation decisions are used to add value. Derivative instruments may be used for efficient portfolio management.
Performance Objective: To outperform the internal composite benchmark by 1.0% a year (before charges) on a rolling three year basis.
Fund Manager
With access to investment professionals around the world, the M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. Over the years they have built a thorough and effective governance framework, which includes the setting and monitoring of investment mandates, regular performance and activity health checks and independent analysis of investment, credit and liquidity risks.
Fund Overview
| Bid (24/07/2024) | 10.49 |
| Offer (24/07/2024) | 11.05 |
| Fund size (30/06/2024) | £118.64m |
| Underlying Fund size | £121.78m |
| Number of holdings | 2587 |
| Launch date | 02/07/1991 |
Fund Charges
| Annual Management Charge (AMC) | 0.75% |
| Further Costs | 0.06% |
| Yearly Total | 0.81% |
Asset Allocation
| International Equities | 75.77% | |
| Cash and Equivalents | 7.11% | |
| Property | 0.79% | |
| UK Equities | 0.51% | |
| International Bonds | 0.06% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 15.75% |
Commentary
Performance as at Q1 2024 - Supported by easing inflationary pressures, robust economic data and, initially, the prospect of interest rate cuts in the near term, the first quarter of 2024 ended with solid gains for global equity markets. The fund gained in the quarter and was slightly ahead of the benchmark and behind the comparator. Japan and the US were among the strongest performers, while Europe also produced robust gains, all in sterling terms. So too did Pacific and emerging markets, although to a lesser extent. In the Japanese market, technology shares gained strongly due to a positive earnings season. In other domestic news, the Bank of Japan raised interest rates, ending its negative interest rate policy and the first increase since 2007. Investors in the US stockmarket were encouraged by optimism about the domestic economy as well as the prospect of interest rate cuts. Continued excitement about artificial intelligence (AI) also drove the market gains. Europe was bolstered by decent corporate earnings, the continued gradual decline in inflation and the prospect of rate cuts. The poor performance of China weighed on Pacific and emerging markets, while the latter were also held back by some Latin American markets. Stockpicking in China, Japan, Europe and emerging and Pacific markets was beneficial, while selection in the US was broadly neutral.
Source: M&G
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.
Asset Allocation
| International Equities | 75.77% | |
| Cash and Equivalents | 7.11% | |
| Property | 0.79% | |
| UK Equities | 0.51% | |
| International Bonds | 0.06% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 15.75% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 17.05% | - | - | - | |
| Banks | - | 10.23% | - | - | |
| Banks | - | - | 10.23% | - | |
| Banks | - | - | - | 10.23% | |
| Insurance | - | 3.66% | - | - | |
| Non-life Insurance | - | - | 1.83% | - | |
| Property & Casualty Insurance | - | - | - | 1.02% | |
| Full Line Insurance | - | - | - | 0.43% | |
| Insurance Brokers | - | - | - | 0.23% | |
| Reinsurance | - | - | - | 0.16% | |
| Life Insurance | - | - | 1.83% | - | |
| Life Insurance | - | - | - | 1.83% | |
| Financial Services | - | 3.16% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.47% | - | |
| Investment Services | - | - | - | 1.31% | |
| Diversified Financial Services | - | - | - | 0.66% | |
| Asset Managers & Custodians | - | - | - | 0.50% | |
| Finance & Credit Services | - | - | 0.69% | - | |
| Financial Data & Systems | - | - | - | 0.43% | |
| Consumer Lending | - | - | - | 0.18% | |
| Mortgage Finance | - | - | - | 0.08% | |
| Non-Classified | 15.82% | - | - | - | |
| Non-Classified | - | 14.65% | - | - | |
| Non-Classified | - | - | 14.65% | - | |
| Non-Classified | - | - | - | 14.65% | |
| Technology | 14.53% | - | - | - | |
| Technology | - | 14.53% | - | - | |
| Technology Hardware & Equipment | - | - | 8.88% | - | |
| Semiconductors | - | - | - | 5.73% | |
| Computer Hardware | - | - | - | 1.37% | |
| Production Technology Equipment | - | - | - | 0.93% | |
| Electronic Components | - | - | - | 0.77% | |
| Electronic Office Equipment | - | - | - | 0.08% | |
| Software & Computer Services | - | - | 5.65% | - | |
| Consumer Digital Services | - | - | - | 2.75% | |
| Software | - | - | - | 1.81% | |
| Computer Services | - | - | - | 1.09% | |
| Industrials | 11.31% | - | - | - | |
| Industrial Goods & Services | - | 10.43% | - | - | |
| General Industrials | - | - | 2.23% | - | |
| Diversified Industrials | - | - | - | 1.55% | |
| Containers & Packaging | - | - | - | 0.55% | |
| Glass | - | - | - | 0.08% | |
| Paints & Coatings | - | - | - | 0.04% | |
| Plastics | - | - | - | 0.01% | |
| Industrial Support Services | - | - | 2.19% | - | |
| Transaction Processing Services | - | - | - | 0.75% | |
| Professional Business Support Services | - | - | - | 0.59% | |
| Industrial Suppliers | - | - | - | 0.48% | |
| Business Training & Employment Agencies | - | - | - | 0.30% | |
| Security Services | - | - | - | 0.04% | |
| Forms & Bulk Printing Services | - | - | - | 0.02% | |
| Industrial Transportation | - | - | 2.14% | - | |
| Marine Transportation | - | - | - | 0.74% | |
| Railroads | - | - | - | 0.51% | |
| Transportation Services | - | - | - | 0.50% | |
| Delivery Services | - | - | - | 0.25% | |
| Commercial Vehicles & Parts | - | - | - | 0.11% | |
| Trucking | - | - | - | 0.03% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.00% | |
| Railroad Equipment | - | - | - | 0.00% | |
| Industrial Engineering | - | - | 1.79% | - | |
| Machinery: Engines | - | - | - | 0.53% | |
| Machinery: Construction & Handling | - | - | - | 0.41% | |
| Machinery: Tools | - | - | - | 0.37% | |
| Machinery: Industrial | - | - | - | 0.33% | |
| Machinery: Specialty | - | - | - | 0.12% | |
| Machinery: Agricultural | - | - | - | 0.03% | |
| Electronic & Electrical Equipment | - | - | 1.65% | - | |
| Electrical Components | - | - | - | 1.06% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.20% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.19% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.16% | |
| Electronic Equipment: Other | - | - | - | 0.04% | |
| Aerospace & Defence | - | - | 0.43% | - | |
| Aerospace | - | - | - | 0.34% | |
| Defense | - | - | - | 0.09% | |
| Construction & Materials | - | 0.88% | - | - | |
| Construction & Materials | - | - | 0.88% | - | |
| Building: Climate Control | - | - | - | 0.31% | |
| Cement | - | - | - | 0.20% | |
| Construction | - | - | - | 0.18% | |
| Building Materials: Other | - | - | - | 0.14% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.04% | |
| Engineering & Contracting Services | - | - | - | 0.01% | |
| Consumer Discretionary | 10.45% | - | - | - | |
| Automobiles & Parts | - | 3.32% | - | - | |
| Automobiles & Parts | - | - | 3.32% | - | |
| Automobiles | - | - | - | 2.56% | |
| Auto Parts | - | - | - | 0.75% | |
| Tires | - | - | - | 0.01% | |
| Retail | - | 2.97% | - | - | |
| Retailers | - | - | 2.97% | - | |
| Diversified Retailers | - | - | - | 2.16% | |
| Apparel Retailers | - | - | - | 0.49% | |
| Specialty Retailers | - | - | - | 0.32% | |
| Home Improvement Retailers | - | - | - | 0.00% | |
| Consumer Products & Services | - | 2.34% | - | - | |
| Leisure Goods | - | - | 0.98% | - | |
| Consumer Electronics | - | - | - | 0.50% | |
| Electronic Entertainment | - | - | - | 0.21% | |
| Photography | - | - | - | 0.11% | |
| Recreational Vehicles & Boats | - | - | - | 0.10% | |
| Recreational Products | - | - | - | 0.04% | |
| Toys | - | - | - | 0.01% | |
| Personal Goods | - | - | 0.84% | - | |
| Clothing & Accessories | - | - | - | 0.45% | |
| Cosmetics | - | - | - | 0.19% | |
| Footwear | - | - | - | 0.13% | |
| Luxury Items | - | - | - | 0.08% | |
| Household Goods & Home Construction | - | - | 0.35% | - | |
| Household Appliance | - | - | - | 0.20% | |
| Home Construction | - | - | - | 0.14% | |
| Household Furnishings | - | - | - | 0.02% | |
| Household Equipment & Products | - | - | - | 0.00% | |
| Consumer Services | - | - | 0.16% | - | |
| Consumer Services: Misc. | - | - | - | 0.16% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Education Services | - | - | - | 0.00% | |
| Travel & Leisure | - | 1.29% | - | - | |
| Travel & Leisure | - | - | 1.29% | - | |
| Casinos & Gambling | - | - | - | 0.42% | |
| Restaurants & Bars | - | - | - | 0.39% | |
| Hotels & Motels | - | - | - | 0.26% | |
| Travel & Tourism | - | - | - | 0.11% | |
| Airlines | - | - | - | 0.09% | |
| Recreational Services | - | - | - | 0.03% | |
| Media | - | 0.53% | - | - | |
| Media | - | - | 0.53% | - | |
| Media Agencies | - | - | - | 0.19% | |
| Entertainment | - | - | - | 0.16% | |
| Radio & TV Broadcasters | - | - | - | 0.12% | |
| Publishing | - | - | - | 0.06% | |
| Cash and Equivalents | 7.11% | - | - | - | |
| Telecommunications | 5.82% | - | - | - | |
| Telecommunications | - | 5.82% | - | - | |
| Telecommunications Equipment | - | - | 2.95% | - | |
| Telecommunications Equipment | - | - | - | 2.95% | |
| Telecommunications Service Providers | - | - | 2.87% | - | |
| Telecommunications Services | - | - | - | 2.83% | |
| Cable Television Services | - | - | - | 0.04% | |
| Health Care | 4.85% | - | - | - | |
| Health Care | - | 4.85% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.17% | - | |
| Pharmaceuticals | - | - | - | 2.90% | |
| Biotechnology | - | - | - | 0.28% | |
| Medical Equipment & Services | - | - | 1.17% | - | |
| Medical Equipment | - | - | - | 1.00% | |
| Medical Supplies | - | - | - | 0.15% | |
| Medical Services | - | - | - | 0.01% | |
| Health Care Providers | - | - | 0.51% | - | |
| Health Care Management Services | - | - | - | 0.45% | |
| Health Care Facilities | - | - | - | 0.05% | |
| Health Care Services | - | - | - | 0.00% | |
| Consumer Staples | 3.07% | - | - | - | |
| Food, Beverage & Tobacco | - | 1.79% | - | - | |
| Food Producers | - | - | 0.92% | - | |
| Food Products | - | - | - | 0.87% | |
| Fruit & Grain Processing | - | - | - | 0.03% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.02% | |
| Beverages | - | - | 0.87% | - | |
| Soft Drinks | - | - | - | 0.42% | |
| Brewers | - | - | - | 0.29% | |
| Distillers & Vintners | - | - | - | 0.16% | |
| Personal Care, Drug & Grocery Stores | - | 1.28% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.28% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.72% | |
| Personal Products | - | - | - | 0.30% | |
| Drug Retailers | - | - | - | 0.22% | |
| Nondurable Household Products | - | - | - | 0.04% | |
| Basic Materials | 2.84% | - | - | - | |
| Basic Resources | - | 1.59% | - | - | |
| Industrial Metals & Mining | - | - | 1.26% | - | |
| General Mining | - | - | - | 0.71% | |
| Iron & Steel | - | - | - | 0.38% | |
| Aluminum | - | - | - | 0.09% | |
| Copper | - | - | - | 0.06% | |
| Nonferrous Metals | - | - | - | 0.01% | |
| Metal Fabricating | - | - | - | 0.00% | |
| Precious Metals & Mining | - | - | 0.22% | - | |
| Gold Mining | - | - | - | 0.22% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.11% | - | |
| Diversified Materials | - | - | - | 0.06% | |
| Paper | - | - | - | 0.05% | |
| Textile Products | - | - | - | 0.00% | |
| Chemicals | - | 1.25% | - | - | |
| Chemicals | - | - | 1.25% | - | |
| Chemicals: Diversified | - | - | - | 0.76% | |
| Specialty Chemicals | - | - | - | 0.33% | |
| Fertilizers | - | - | - | 0.08% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.08% | |
| Energy | 2.80% | - | - | - | |
| Energy | - | 2.80% | - | - | |
| Non-Renewable Energy | - | - | 2.78% | - | |
| Integrated Oil & Gas | - | - | - | 1.13% | |
| Oil: Crude Producers | - | - | - | 0.76% | |
| Oil Refining and Marketing | - | - | - | 0.45% | |
| Oil Equipment & Services | - | - | - | 0.22% | |
| Pipelines | - | - | - | 0.22% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Coal | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.01% | - | |
| Alternative Fuels | - | - | - | 0.01% | |
| Renewable Energy Equipment | - | - | - | 0.01% | |
| Real Estate | 2.41% | - | - | - | |
| Real Estate | - | 2.41% | - | - | |
| Real Estate Investment & Services | - | - | 1.38% | - | |
| Real Estate Holding and Development | - | - | - | 1.05% | |
| Real Estate Services | - | - | - | 0.33% | |
| Real Estate Investment Trusts | - | - | 1.03% | - | |
| Retail REITs | - | - | - | 0.31% | |
| Industrial REITs | - | - | - | 0.20% | |
| Timber REITs | - | - | - | 0.19% | |
| Residential REITs | - | - | - | 0.18% | |
| Health Care REITs | - | - | - | 0.08% | |
| Office REITs | - | - | - | 0.04% | |
| Hotel & Lodging REITs | - | - | - | 0.03% | |
| Other Specialty REITs | - | - | - | 0.01% | |
| Diversified REITs | - | - | - | 0.00% | |
| Infrastructure REITs | - | - | - | 0.00% | |
| Utilities | 1.87% | - | - | - | |
| Utilities | - | 1.87% | - | - | |
| Electricity | - | - | 1.29% | - | |
| Conventional Electricity | - | - | - | 1.21% | |
| Alternative Electricity | - | - | - | 0.08% | |
| Gas, Water & Multi-utilities | - | - | 0.54% | - | |
| Multi-Utilities | - | - | - | 0.49% | |
| Gas Distribution | - | - | - | 0.04% | |
| Water | - | - | - | 0.01% | |
| Waste & Disposal Services | - | - | 0.04% | - | |
| Waste & Disposal Services | - | - | - | 0.04% | |
| Bonds | 0.06% | - | - | - | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| North America | 24.07% | |
| Emerging Asia | 20.37% | |
| Non-Classified | 16.06% | |
| Japan | 11.08% | |
| Developed Europe - Excl UK | 8.73% | |
| Developed Asia | 7.15% | |
| Cash and Equivalents | 7.11% | |
| Australia & New Zealand | 2.36% | |
| Property | 0.79% | |
| Other Regions | 2.28% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 92.82% | |
| Cash | 7.11% | |
| Euro | 0.03% | |
| US Dollar | 0.02% | |
| Swiss Franc | 0.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 24.07% | - | |
United States
|
- | 21.39% | |
Canada
|
- | 2.68% | |
| Emerging Asia | 20.37% | - | |
South Korea
|
- | 5.76% | |
China
|
- | 4.81% | |
Taiwan
|
- | 3.90% | |
India
|
- | 3.08% | |
Indonesia
|
- | 1.37% | |
Thailand
|
- | 1.03% | |
Malaysia
|
- | 0.24% | |
Philippines
|
- | 0.18% | |
| Non-Classified | 16.06% | - | |
| Japan | 11.08% | - | |
Japan
|
- | 11.08% | |
| Developed Europe - Excl UK | 8.73% | - | |
France
|
- | 1.53% | |
Switzerland
|
- | 1.52% | |
Germany
|
- | 1.26% | |
Netherlands
|
- | 0.90% | |
Ireland
|
- | 0.85% | |
Sweden
|
- | 0.66% | |
Denmark
|
- | 0.58% | |
Spain
|
- | 0.49% | |
Belgium
|
- | 0.28% | |
Italy
|
- | 0.28% | |
Finland
|
- | 0.17% | |
Norway
|
- | 0.09% | |
Portugal
|
- | 0.07% | |
Luxembourg
|
- | 0.04% | |
Austria
|
- | 0.01% | |
| Developed Asia | 7.15% | - | |
Hong Kong
|
- | 4.78% | |
Singapore
|
- | 2.37% | |
| Cash and Equivalents | 7.11% | - | |
| Australia & New Zealand | 2.36% | - | |
Australia
|
- | 2.30% | |
New Caledonia
|
- | 0.06% | |
| Property | 0.79% | - | |
| South & Central America | 0.71% | - | |
Brazil
|
- | 0.45% | |
Mexico
|
- | 0.24% | |
Chile
|
- | 0.01% | |
Colombia
|
- | 0.00% | |
Cayman Islands
|
- | 0.00% | |
Peru
|
- | 0.00% | |
| Emerging Europe | 0.56% | - | |
Greece
|
- | 0.23% | |
Turkey
|
- | 0.14% | |
Hungary
|
- | 0.09% | |
Poland
|
- | 0.09% | |
Romania
|
- | 0.01% | |
Czech Republic
|
- | 0.01% | |
Russian Federation
|
- | 0.00% | |
| UK | 0.51% | - | |
United Kingdom
|
- | 0.51% | |
Jersey
|
- | 0.00% | |
| Middle East & Africa | 0.51% | - | |
South Africa
|
- | 0.28% | |
United Arab Emirates
|
- | 0.15% | |
Israel
|
- | 0.04% | |
Egypt
|
- | 0.02% | |
Saudi Arabia
|
- | 0.00% | |
Qatar
|
- | 0.00% | |
Kuwait
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
44.21% |
| Large |
|
19.13% |
| Medium |
|
6.48% |
| Small |
|
0.53% |
| Micro |
|
0.18% |
| Non-Classified |
|
22.30% |
| Bonds |
|
0.06% |
| Cash |
|
7.11% |
Top 10 Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A | 25.93% | Managed Funds | Managed Funds |
| 2 | M&G PP Europe Equity | 14.15% | Managed Funds | Managed Funds |
| 3 | M&G (ACS) Japan Equity Fund Z2A Acc | 11.01% | Managed Funds | Managed Funds |
| 4 | M&G (ACS) Blackrock US Equity Z2A Acc | 10.61% | Managed Funds | Managed Funds |
| 5 | M&G (ACS) BlackRock US Equity 2 GBPZ2A GBP ACC | 10.49% | Managed Funds | Managed Funds |
| 6 | M&G (LUX) FCP BlackRock Europe ex UK Equity Fund Z2A Acc | 6.30% | Managed Funds | Managed Funds |
| 7 | M&G (1) MFS Global Emerging Markets Equity Class GBPZ2A | 4.62% | Managed Funds | Managed Funds |
| 8 | M&G (1) GSAM Global Emerging Markets Equity Class GBPZ2A | 3.25% | Managed Funds | Managed Funds |
| 9 | M&G (ACS) BlackRock Canada Equity Fund Z2A Acc | 2.62% | Managed Funds | Managed Funds |
| 10 | M&G (LUX) FCP Pan European Smaller Co Fund Z2A Acc | 2.25% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | CME S&P EMI FUT Jun24 | 3.04% | Non-Classified | Non-Classified |
| 2 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.59% | Technology Hardware & Equipment | Taiwan |
| 3 | SAMSUNG ELECTRONICS CO. LTD | 2.09% | Telecommunications Equipment | South Korea |
| 4 | MICROSOFT CORPORATION | 1.01% | Software & Computer Services | United States |
| 5 | APPLE | 0.97% | Technology Hardware & Equipment | United States |
| 6 | AIA GROUP LIMITED | 0.96% | Life Insurance | Hong Kong |
| 7 | TENCENT HOLDINGS LIMITED | 0.91% | Software & Computer Services | China |
| 8 | NVIDIA CORPORATION | 0.80% | Technology Hardware & Equipment | United States |
| 9 | HDFC BANK LIMITED | 0.76% | Banks | India |
| 10 | TOYOTA MOTOR CORPORATION | 0.65% | Automobiles & Parts | Japan |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 14.53% | - | - | - | - | - | - | 14.53% |
| Telecommunications | - | 5.82% | - | 0.03% | - | - | - | - | 5.85% |
| Financials | 0.05% | 17.01% | - | 0.01% | - | - | - | - | 17.06% |
| Real Estate | - | 1.62% | - | - | - | 0.79% | - | - | 2.41% |
| Consumer Discretionary | 0.15% | 10.30% | - | 0.02% | - | - | - | - | 10.48% |
| Consumer Staples | 0.07% | 2.99% | - | - | - | - | - | - | 3.07% |
| Energy | - | 2.79% | - | - | - | - | - | - | 2.80% |
| Utilities | - | 1.87% | - | - | - | - | 0.01% | - | 1.88% |
| Health Care | - | 4.85% | - | - | - | - | - | - | 4.85% |
| Industrials | 0.17% | 11.14% | - | - | - | - | - | - | 11.31% |
| Basic Materials | - | 2.84% | - | - | - | - | - | - | 2.84% |
| Cash and Equivalents | - | - | - | - | - | - | - | 7.11% | 7.11% |
| Non-Classified | 0.06% | 0.01% | - | - | - | - | 15.74% | - | 15.81% |
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 | 0702276 |
| Mex Code | PUPMI |
| Isin Code | GB0007022766 |
| Citi Code | PS26 |
Fund Charges
| Annual Management Charge (AMC) | 0.75% |
| Further Costs | 0.06% |
| Yearly Total | 0.81% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the M&G PP International Equity Fund - the underlying fund. Underlying Fund Objective: The fund invests, primarily via other M&G funds, in the shares of overseas companies. It is actively managed against an internal benchmark asset allocation set by the M&G Treasury & Investment Office. It is a "fund of funds" where both active stock selection, within the underlying sector funds, and asset allocation decisions are used to add value. Derivative instruments may be used for efficient portfolio management. Performance Objective: To outperform the internal composite benchmark by 1.0% a year (before charges) on a rolling three year basis. |
| Benchmark | Internal composite benchmark, asset allocation set by the M&G Treasury & Investment Office (T&IO). |
| Sector | ABI 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.
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.
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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.