Prudential Ninety One Cautious Managed Ser A

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

Performance

No data available! Please enter a valid code!

Top 10 Holdings

Stock % Weight
UNITED STATES TREASURY NOTE/BO 06/26 4.125 3.73
4¼% Treasury Stock 2032 2.84
UNITED STATES TREASURY NOTE/BO 10/24 0.625 2.66
UNITED STATES TREASURY NOTE/BO 07/25 4.75 2.61
UNITED STATES TREASURY NOTE/BO 10/24 4.375 1.83
UNITED STATES TREASURY NOTE/BO 05/32 2.875 1.72
MEXICAN BONOS BONDS 09/24 8 1.71
NEW ZEALAND LOCAL GOVERNMENT F LOCAL GOVT G 04/33 3.5 1.58
UNITED STATES TREASURY NOTE/BO 05/37 5 1.58
UNITED STATES TREASURY NOTE/BO 02/28 4 1.58
Total 21.84

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Ninety One Cautious Managed Fund – the underlying fund.

Underlying Fund Objective: The fund aims to provide capital growth (to grow the value of your investment) and income over at least 5 years. The fund targets a return of UK Consumer Prices Index (CPI) +4% each year (before fees), over 5-year rolling periods. While the fund aims to achieve its objective and its performance target, there is no guarantee that either will be achieved, over 5-year rolling periods or over any period and there is a risk of loss.

Fund Manager

Jason Borbora-Sheen manager of the underlying fund for 3 years and 10 months

Photo of Jason Borbora-Sheen Jason is a portfolio manager in the Multi-Asset team at Ninety One. He is co-portfolio manager of the Multi-Asset Income strategies and his research responsibilities include equities. He joined the firm in 2015 to work on the income strategy as an analyst with responsibility for its equity exposure. Prior to this he worked for Pan Asset Capital Management as an assistant fund manager on multi-asset portfolios. Previously, Jason worked for BlackRock as an analyst. Jason studied Law at Oxford University. He holds an Investment Management Certificate and is a CFA® charterholder.

John Stopford manager of the underlying fund for 3 years and 10 months

Photo of John Stopford John is Head of Multi-Asset Income at Ninety One. He is co-portfolio manager of the Multi-Asset Income strategies and has macro focussed research responsibilities.. During his time at the firm John has held senior positions as Co-Head of Fixed Income & Currency, having previously been responsible for the management of our South African fixed income assets from 1998 to 2004. John joined Guinness Flight in 1993, which was later acquired by our firm, and took responsibility for investments in emerging bond and currency markets. Prior to this, he worked in London and Tokyo as a specialist global bond and currency portfolio manager for Mitsui Trust Asset Management. John graduated from the University of Oxford with an honours degree in Chemistry in 1990 and he is a CFA® Charterholder.

Fund Overview

Bid (19/11/2021) 197.00
Offer (19/11/2021) 207.30
Fund size (31/10/2021) £1.74m
Underlying Fund size £629.10m
Number of holdings 7103
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.00%
Yearly Total 1.60%

Asset Allocation

pie chart
  International Bonds 53.52%
  International Equities 21.02%
  UK Equities 7.50%
  Alternative Trading Strategies 6.49%
  UK Gilts 3.09%
  Investment Trusts 1.75%
  Cash and Equivalents 0.72%
  UK Corporate Bonds 0.45%
  Property 0.21%
  Other Assets 5.24%
Portfolio data accurate as at: 31/01/24

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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 53.52%
  International Equities 21.02%
  UK Equities 7.50%
  Alternative Trading Strategies 6.49%
  UK Gilts 3.09%
  Investment Trusts 1.75%
  Cash and Equivalents 0.72%
  UK Corporate Bonds 0.45%
  Property 0.21%
  Other Assets 5.24%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 57.34% - - -
 
Financials 7.40% - - -
 
Financial Services - 2.71% - -
 
Equity Investment Instruments - - 1.75% -
 
Equity Investment Instruments - - - 1.75%
 
Investment Banking & Brokerage Services - - 0.95% -
 
Asset Managers & Custodians - - - 0.95%
 
Insurance - 2.44% - -
 
Non-life Insurance - - 2.18% -
 
Full Line Insurance - - - 0.79%
 
Property & Casualty Insurance - - - 0.74%
 
Reinsurance - - - 0.66%
 
Life Insurance - - 0.26% -
 
Life Insurance - - - 0.26%
 
Banks - 2.25% - -
 
Banks - - 2.25% -
 
Banks - - - 2.25%
 
Alternative Trading Strategies 6.49% - - -
 
Alternative Trading Strategies - 6.49% - -
 
Alternative Trading Strategies - - 6.49% -
 
Alternative Trading Strategies - - - 6.49%
 
Consumer Staples 5.68% - - -
 
Food, Beverage & Tobacco - 3.19% - -
 
Beverages - - 2.11% -
 
Soft Drinks - - - 1.54%
 
Distillers & Vintners - - - 0.57%
 
Food Producers - - 1.08% -
 
Food Products - - - 1.08%
 
Personal Care, Drug & Grocery Stores - 2.49% - -
 
Personal Care, Drug & Grocery Stores - - 2.49% -
 
Personal Products - - - 2.04%
 
Food Retailers & Wholesalers - - - 0.45%
 
Non-Classified 5.38% - - -
 
Non-Classified - 0.60% - -
 
Non-Classified - - 0.60% -
 
Non-Classified - - - 0.60%
 
Health Care 4.39% - - -
 
Health Care - 4.39% - -
 
Pharmaceuticals & Biotechnology - - 3.79% -
 
Pharmaceuticals - - - 3.79%
 
Medical Equipment & Services - - 0.61% -
 
Medical Supplies - - - 0.61%
 
Basic Materials 4.06% - - -
 
Basic Resources - 3.27% - -
 
Industrial Metals & Mining - - 1.72% -
 
General Mining - - - 1.00%
 
Aluminum - - - 0.72%
 
Precious Metals & Mining - - 1.55% -
 
Gold Mining - - - 1.55%
 
Chemicals - 0.79% - -
 
Chemicals - - 0.79% -
 
Fertilizers - - - 0.79%
 
Industrials 1.99% - - -
 
Industrial Goods & Services - 1.51% - -
 
Electronic & Electrical Equipment - - 0.54% -
 
Electrical Components - - - 0.54%
 
Industrial Transportation - - 0.50% -
 
Delivery Services - - - 0.50%
 
General Industrials - - 0.47% -
 
Containers & Packaging - - - 0.47%
 
Construction & Materials - 0.47% - -
 
Construction & Materials - - 0.47% -
 
Construction - - - 0.47%
 
Utilities 1.84% - - -
 
Utilities - 1.84% - -
 
Electricity - - 1.01% -
 
Conventional Electricity - - - 0.71%
 
Alternative Electricity - - - 0.30%
 
Gas, Water & Multi-utilities - - 0.83% -
 
Multi-Utilities - - - 0.83%
 
Technology 1.34% - - -
 
Technology - 1.34% - -
 
Technology Hardware & Equipment - - 1.34% -
 
Semiconductors - - - 1.34%
 
Telecommunications 1.25% - - -
 
Telecommunications - 1.25% - -
 
Telecommunications Equipment - - 1.25% -
 
Telecommunications Equipment - - - 1.25%
 
Real Estate 1.17% - - -
 
Real Estate - 1.17% - -
 
Real Estate Investment Trusts - - 1.17% -
 
Infrastructure REITs - - - 0.48%
 
Other Specialty REITs - - - 0.47%
 
Industrial REITs - - - 0.21%
 
Consumer Discretionary 0.95% - - -
 
Retail - 0.42% - -
 
Retailers - - 0.42% -
 
Home Improvement Retailers - - - 0.42%
 
Media - 0.28% - -
 
Media - - 0.28% -
 
Publishing - - - 0.28%
 
Consumer Products & Services - 0.25% - -
 
Household Goods & Home Construction - - 0.25% -
 
Household Appliance - - - 0.25%
 
Cash and Equivalents 0.72% - - -

Regional Allocation

pie chart
  North America 34.04%
  Non-Classified 19.11%
  UK 11.04%
  Developed Europe - Excl UK 10.66%
  South & Central America 10.16%
  Australia & New Zealand 5.55%
  Emerging Asia 4.21%
  Middle East & Africa 4.15%
  Cash and Equivalents 0.72%
  Other Regions 0.36%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 42.22%
  US Dollar 21.91%
  New Zealand Dollar 6.04%
  Canadian Dollar 5.23%
  Australian Dollar 4.36%
  Mexican Peso 3.69%
  Other Currencies 16.55%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 34.04% -
 
United States - 27.20%
 
Canada - 6.84%
 
Non-Classified 19.11% -
 
UK 11.04% -
 
United Kingdom - 11.04%
 
Jersey - 0.00%
 
Developed Europe - Excl UK 10.66% -
 
France - 2.86%
 
Switzerland - 2.71%
 
Netherlands - 1.13%
 
Ireland - 1.00%
 
Germany - 0.93%
 
Norway - 0.73%
 
Sweden - 0.52%
 
Spain - 0.40%
 
Luxembourg - 0.24%
 
Italy - 0.08%
 
Finland - 0.02%
 
Belgium - 0.02%
 
Austria - 0.01%
 
Denmark - 0.01%
 
Portugal - 0.00%
 
Liechtenstein - 0.00%
 
Iceland - 0.00%
 
South & Central America 10.16% -
 
Mexico - 4.72%
 
Brazil - 2.29%
 
Peru - 1.62%
 
Colombia - 1.48%
 
Uruguay - 0.05%
 
Chile - 0.00%
 
Australia & New Zealand 5.55% -
 
Australia - 4.15%
 
New Zealand - 1.40%
 
Emerging Asia 4.21% -
 
Indonesia - 2.57%
 
South Korea - 0.54%
 
Taiwan - 0.54%
 
India - 0.31%
 
China - 0.26%
 
Thailand - 0.00%
 
Middle East & Africa 4.15% -
 
South Africa - 3.56%
 
Kenya - 0.14%
 
Ghana - 0.13%
 
Uganda - 0.11%
 
Senegal - 0.06%
 
Cote D'Ivoire - 0.05%
 
Egypt - 0.05%
 
Benin - 0.04%
 
Israel - 0.01%
 
Cash and Equivalents 0.72% -
 
Property 0.21% -
 
Emerging Europe 0.15% -
 
Turkey - 0.15%
 
Czech Republic - 0.00%
 
Hungary - 0.00%
 
Poland - 0.00%
 
Slovakia (Slovak Republic) - 0.00%
 
Estonia - 0.00%
 
Croatia - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
19.05%
Large
 
 
4.80%
Medium
 
 
3.25%
Small
 
 
0.85%
Non-Classified
 
 
14.28%
Bonds
 
 
57.06%
Cash
 
 
0.72%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
25.70%
5Yr - 10Yr Maturity
 
 
20.79%
10Yr - 15Yr Maturity
 
 
7.83%
> 15Yr Maturity
 
 
2.73%
Cash And Equivalents
 
 
0.72%
Unknown Maturity
 
 
4.79%
Other Asset Types
 
 
37.43%

Fixed Interest Quality Profile

AAA
 
 
20.92%
AA
 
 
11.84%
A
 
 
1.47%
BBB
 
 
7.53%
Sub-Investment Grade
 
 
6.00%
Unknown Quality
 
 
9.30%
Cash and Equivalents
 
 
0.72%
Other Asset Types
 
 
42.22%

Top 10 Holdings

Stock % Weight Sector Country
1 UNITED STATES TREASURY NOTE/BO 06/26 4.125 3.73% Bonds United States
2 4¼% Treasury Stock 2032 2.84% Bonds United Kingdom
3 UNITED STATES TREASURY NOTE/BO 10/24 0.625 2.66% Bonds United States
4 UNITED STATES TREASURY NOTE/BO 07/25 4.75 2.61% Bonds United States
5 UNITED STATES TREASURY NOTE/BO 10/24 4.375 1.83% Bonds United States
6 UNITED STATES TREASURY NOTE/BO 05/32 2.875 1.72% Bonds United States
7 MEXICAN BONOS BONDS 09/24 8 1.71% Bonds Mexico
8 NEW ZEALAND LOCAL GOVERNMENT F LOCAL GOVT G 04/33 3.5 1.58% Bonds Non-Classified
9 UNITED STATES TREASURY NOTE/BO 05/37 5 1.58% Bonds United States
10 UNITED STATES TREASURY NOTE/BO 02/28 4 1.58% Bonds United States

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 B3BW4J2
Mex Code PUCTMG
Isin Code GB00B3BW4J21
Citi Code D9N7

Fund Charges

Annual Management Charge (AMC) 1.60%
Further Costs 0.00%
Yearly Total 1.60%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Ninety One Cautious Managed Fund – the underlying fund. Underlying Fund Objective: The fund aims to provide capital growth (to grow the value of your investment) and income over at least 5 years. The fund targets a return of UK Consumer Prices Index (CPI) +4% each year (before fees), over 5-year rolling periods. While the fund aims to achieve its objective and its performance target, there is no guarantee that either will be achieved, over 5-year rolling periods or over any period and there is a risk of loss.
Benchmark 45% MSCI AC World High Dividend Yield GBP Hedged +  55% Bloomberg Global Aggregate Total Return GBP Hedged (UK CPI +4% pre 04/07/2023)
ABI Sector Mixed Investment 20-60% Shares

Ratings

FE Crown Crown Rating of 1

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.