WS Prudential Risk Managed Passive 5 Class A Inc

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

Performance

Discrete performance - to last month 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 0.0% 16.8% -5.9% 4.1% 11.5%
Benchmark 0.3% 19.5% -7.1% 3.3% 11.8%

Annualised performance

Annualised
3 Years to
30/06/24
5 Years to
30/06/24
10 Years to
30/06/24
Fund 3.0% 5.0% n/a
Benchmark 2.4% 5.2% 5.9%

Top 10 Holdings

Stock % Weight
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 1.65
SHELL 1.25
ASTRAZENECA 1.23
iShares iShares plc European Property Yield UCITS ETF EUR (Dist) 0.92
HSBC HOLDINGS 0.91
L&G FREEHOLD PROPERTY 0.88
UNILEVER 0.73
BP 0.56
SAMSUNG ELECTRONICS CO. LTD 0.54
GSK 0.49
Total 9.14

Fund Aims

The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 17%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 17%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.

Fund Manager

Philip Butler manager for 7 years and 8 months

Photo of Philip Butler Phil Butler, CFA, is Portfolio Manager at M&G, part of the Treasury and Investment Office (T&IO formerly PPMG). The Investment Office is the fiduciary manager of Prudential UK&E Assets managing the retail saving solutions, legacy annuity products, with-profits policies and unit-linked solutions of Prudential UK&E. Phil is the lead portfolio manager of the WS Prudential Risk Managed Active and Passive fund ranges, the recently launched PruFund Planet range, as well as the Groups Unit Linked business; managing over £7bn in assets. Phil provides cover on a wider £100bn+ of multi-asset funds, including RM PruFund. Phil joined the Investment Office in late 2011 to become a member of the Multi-Asset Portfolio Management Team and specialised in the management of the unitised multi-asset funds. Prior to this, Phil was part of M&Gs Investment graduate scheme rotating through various specialist investment teams in different asset classes across the company. Before M&G, he spent 13 months at the Bank of England as a research assistant whilst completing his Banking and International Finance BSc at Cass Business School. Phil is governed by M&G Investment Management under the FCA’s Certification Regime and is a CFA charterholder.

Fund Overview

Mid (16/07/2024) 152.26p
Historic yield 2.16%
Fund size (30/06/2024) £143.58m
Number of holdings 9543
Entry Charge 0.00%
Ongoing Charges 0.56%
Launch date 09/09/2015

Asset Allocation

pie chart
  International Equities 38.35%
  UK Equities 15.82%
  International Bonds 10.17%
  Alternative Trading Strategies 8.26%
  Money Market 5.95%
  UK Corporate Bonds 3.47%
  Property 2.29%
  Investment Trusts 0.88%
  Cash and Equivalents 0.74%
  Other Assets 14.07%

Commentary

June 2024 Investment Summary

June 2024 was a positive month for the the Passive range with returns ranging from +0.97% for Passive 5 to +1.12% for Passive 1.
P Acc share class with data sourced from FE analytics as at 28 June 2024.

June 2024 was a better month for portfolios generally.

Most major equity markets rose in June led by the US and emerging markets, with the Nasdaq as the S&P 500 climbed to further all-time highs, led by robust earnings reports and continued enthusiasm towards artificial intelligence (AI). Information technology and Communication Services led the sector-wise performance while Utilities lagged. The FTSE 100 and Stoxx Europe 600 were flat over the month with a focus on the upcoming elections in the UK and France.

The US labour market government data beat expectations to show payrolls increased by 206,000 in June, higher than forecasts, but down from the previous month. Evidence that the US labour market remains strong albeit slightly cooling has dampened hopes of imminent interest rates cuts. US consumer confidence eased in June, as households remain concerned over the economic outlook but are more upbeat about a moderation in inflation over the next year and the strength of the labour market. Unemployment data ticked up slightly to 4.1% from 4.0% and the first time its surpassed 4% since November 2021.

Tensions in the Middle East continue as fears over an all-out conflict have intensified in recent weeks, following threatening rhetoric from both camps. The US and France seek de-escalation between Israel and Lebanon’s Hizbollah which remains dangerously poised. The conflicts Impact remains limited on the global economy. Brent Crude prices have risen to over $86/barrel from $79/barrel in June, as refineries gear up for the summer driving season and traders fret over renewed tensions in the Middle East.

More central banks may be in a position to ease policy rates later this year, but employment activity and inflation data over the next few months will be critical to the evolution of their thinking. The US economy continues to look strong, but other regions, including the Eurozone, face more challenging conditions. This could lead to diverging rate cutting cycles and opportunities in relative value trades.

Officials remain cautious to confirm when interest rate cuts will be implemented, with a careful eye on data to ensure a sustainable route back to the inflation target.

WS Prudential Risk Managed Passive - Tactical asset allocation activity

*Our equity position is currently +1%, made up of a diversified basket across the US, UK, Asia, GEM. This is funded from a small European credit and cash underweights, with an overweight to US Treasuries.

Portfolio data accurate as at: 30/06/24

Important Information

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 ongoing charges, but take no account of product charges. Ongoing charges 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 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 38.35%
  UK Equities 15.82%
  International Bonds 10.17%
  Alternative Trading Strategies 8.26%
  Money Market 5.95%
  UK Corporate Bonds 3.47%
  Property 2.29%
  Investment Trusts 0.88%
  Cash and Equivalents 0.74%
  Other Assets 14.07%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Non-Classified 15.13% - - -
 
Non-Classified - 11.51% - -
 
Non-Classified - - 11.51% -
 
Non-Classified - - - 11.51%
 
Bonds 13.63% - - -
 
Financials 10.94% - - -
 
Banks - 5.89% - -
 
Banks - - 5.89% -
 
Banks - - - 5.89%
 
Financial Services - 3.10% - -
 
Investment Banking & Brokerage Services - - 1.72% -
 
Asset Managers & Custodians - - - 0.74%
 
Investment Services - - - 0.63%
 
Diversified Financial Services - - - 0.36%
 
Equity Investment Instruments - - 0.89% -
 
Equity Investment Instruments - - - 0.89%
 
Finance & Credit Services - - 0.49% -
 
Financial Data & Systems - - - 0.38%
 
Consumer Lending - - - 0.10%
 
Mortgage Finance - - - 0.01%
 
Mortgage Real Estate Investment Trusts - - 0.00% -
 
Mortgage REITs: Residential - - - 0.00%
 
Insurance - 1.95% - -
 
Life Insurance - - 1.02% -
 
Life Insurance - - - 1.02%
 
Non-life Insurance - - 0.93% -
 
Property & Casualty Insurance - - - 0.43%
 
Full Line Insurance - - - 0.34%
 
Reinsurance - - - 0.11%
 
Insurance Brokers - - - 0.05%
 
Alternative Trading Strategies 8.26% - - -
 
Alternative Trading Strategies - 8.26% - -
 
Alternative Trading Strategies - - 8.26% -
 
Alternative Trading Strategies - - - 8.26%
 
Technology 7.91% - - -
 
Technology - 7.91% - -
 
Technology Hardware & Equipment - - 4.93% -
 
Semiconductors - - - 3.01%
 
Computer Hardware - - - 0.76%
 
Production Technology Equipment - - - 0.62%
 
Electronic Components - - - 0.49%
 
Electronic Office Equipment - - - 0.06%
 
Software & Computer Services - - 2.98% -
 
Consumer Digital Services - - - 1.52%
 
Software - - - 1.08%
 
Computer Services - - - 0.37%
 
Industrials 7.64% - - -
 
Industrial Goods & Services - 6.87% - -
 
Industrial Transportation - - 1.76% -
 
Railroads - - - 0.74%
 
Transportation Services - - - 0.37%
 
Marine Transportation - - - 0.21%
 
Commercial Vehicle-Equipment Leasing - - - 0.19%
 
Delivery Services - - - 0.12%
 
Commercial Vehicles & Parts - - - 0.07%
 
Railroad Equipment - - - 0.04%
 
Trucking - - - 0.01%
 
Industrial Support Services - - 1.23% -
 
Professional Business Support Services - - - 0.51%
 
Industrial Suppliers - - - 0.27%
 
Transaction Processing Services - - - 0.27%
 
Business Training & Employment Agencies - - - 0.13%
 
Security Services - - - 0.04%
 
Forms & Bulk Printing Services - - - 0.01%
 
Aerospace & Defence - - 1.07% -
 
Aerospace - - - 0.63%
 
Defense - - - 0.44%
 
General Industrials - - 1.05% -
 
Diversified Industrials - - - 0.72%
 
Containers & Packaging - - - 0.23%
 
Paints & Coatings - - - 0.04%
 
Plastics - - - 0.03%
 
Glass - - - 0.03%
 
Electronic & Electrical Equipment - - 1.00% -
 
Electrical Components - - - 0.58%
 
Electronic Equipment: Gauges & Meters - - - 0.20%
 
Electronic Equipment: Control & Filter - - - 0.17%
 
Electronic Equipment: Pollution Control - - - 0.03%
 
Electronic Equipment: Other - - - 0.02%
 
Industrial Engineering - - 0.76% -
 
Machinery: Industrial - - - 0.33%
 
Machinery: Construction & Handling - - - 0.23%
 
Machinery: Tools - - - 0.07%
 
Machinery: Specialty - - - 0.06%
 
Machinery: Engines - - - 0.04%
 
Machinery: Agricultural - - - 0.03%
 
Construction & Materials - 0.77% - -
 
Construction & Materials - - 0.77% -
 
Construction - - - 0.20%
 
Building Materials: Other - - - 0.19%
 
Cement - - - 0.16%
 
Building: Climate Control - - - 0.10%
 
Engineering & Contracting Services - - - 0.08%
 
Building, Roofing/Wallboard & Plumbing - - - 0.02%
 
Cash and Equivalents 6.69% - - -
 
Consumer Discretionary 6.25% - - -
 
Consumer Products & Services - 1.92% - -
 
Personal Goods - - 0.76% -
 
Clothing & Accessories - - - 0.37%
 
Luxury Items - - - 0.17%
 
Cosmetics - - - 0.12%
 
Footwear - - - 0.10%
 
Consumer Services - - 0.40% -
 
Vending & Catering Service - - - 0.26%
 
Consumer Services: Misc. - - - 0.10%
 
Education Services - - - 0.03%
 
Rental & Leasing Services: Consumer - - - 0.01%
 
Household Goods & Home Construction - - 0.38% -
 
Home Construction - - - 0.27%
 
Household Appliance - - - 0.07%
 
Household Equipment & Products - - - 0.02%
 
Household Furnishings - - - 0.01%
 
Leisure Goods - - 0.38% -
 
Electronic Entertainment - - - 0.15%
 
Consumer Electronics - - - 0.13%
 
Toys - - - 0.04%
 
Recreational Vehicles & Boats - - - 0.03%
 
Recreational Products - - - 0.02%
 
Photography - - - 0.01%
 
Retail - 1.48% - -
 
Retailers - - 1.48% -
 
Diversified Retailers - - - 0.92%
 
Apparel Retailers - - - 0.22%
 
Specialty Retailers - - - 0.18%
 
Home Improvement Retailers - - - 0.15%
 
Automobiles & Parts - 1.07% - -
 
Automobiles & Parts - - 1.07% -
 
Automobiles - - - 0.81%
 
Auto Parts - - - 0.18%
 
Tires - - - 0.07%
 
Auto Services - - - 0.00%
 
Media - 0.91% - -
 
Media - - 0.91% -
 
Publishing - - - 0.53%
 
Media Agencies - - - 0.20%
 
Entertainment - - - 0.11%
 
Radio & TV Broadcasters - - - 0.06%
 
Travel & Leisure - 0.87% - -
 
Travel & Leisure - - 0.87% -
 
Casinos & Gambling - - - 0.22%
 
Hotels & Motels - - - 0.19%
 
Airlines - - - 0.17%
 
Restaurants & Bars - - - 0.15%
 
Travel & Tourism - - - 0.10%
 
Recreational Services - - - 0.04%
 
Health Care 4.82% - - -
 
Health Care - 4.82% - -
 
Pharmaceuticals & Biotechnology - - 3.82% -
 
Pharmaceuticals - - - 3.55%
 
Biotechnology - - - 0.28%
 
Medical Equipment & Services - - 0.74% -
 
Medical Equipment - - - 0.46%
 
Medical Supplies - - - 0.25%
 
Medical Services - - - 0.03%
 
Health Care Providers - - 0.26% -
 
Health Care Management Services - - - 0.13%
 
Health Care Facilities - - - 0.10%
 
Health Care Services - - - 0.04%
 
Consumer Staples 4.17% - - -
 
Food, Beverage & Tobacco - 2.38% - -
 
Beverages - - 0.98% -
 
Distillers & Vintners - - - 0.57%
 
Soft Drinks - - - 0.21%
 
Brewers - - - 0.20%
 
Food Producers - - 0.78% -
 
Food Products - - - 0.68%
 
Farming, Fishing, Ranching & Plantations - - - 0.05%
 
Fruit & Grain Processing - - - 0.04%
 
Sugar - - - 0.01%
 
Tobacco - - 0.62% -
 
Tobacco - - - 0.62%
 
Personal Care, Drug & Grocery Stores - 1.80% - -
 
Personal Care, Drug & Grocery Stores - - 1.80% -
 
Personal Products - - - 0.90%
 
Food Retailers & Wholesalers - - - 0.59%
 
Nondurable Household Products - - - 0.23%
 
Drug Retailers - - - 0.07%
 
Energy 3.70% - - -
 
Energy - 3.70% - -
 
Non-Renewable Energy - - 3.62% -
 
Integrated Oil & Gas - - - 2.32%
 
Pipelines - - - 0.53%
 
Oil: Crude Producers - - - 0.32%
 
Oil Refining and Marketing - - - 0.26%
 
Coal - - - 0.11%
 
Oil Equipment & Services - - - 0.08%
 
Offshore Drilling & Other Services - - - 0.01%
 
Renewable Energy - - 0.08% -
 
Renewable Energy Equipment - - - 0.08%
 
Alternative Fuels - - - 0.00%
 
Basic Materials 3.38% - - -
 
Basic Resources - 2.56% - -
 
Industrial Metals & Mining - - 2.13% -
 
General Mining - - - 1.67%
 
Iron & Steel - - - 0.28%
 
Copper - - - 0.08%
 
Aluminum - - - 0.04%
 
Metal Fabricating - - - 0.03%
 
Nonferrous Metals - - - 0.03%
 
Precious Metals & Mining - - 0.34% -
 
Gold Mining - - - 0.29%
 
Platinum & Precious Metals - - - 0.05%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.09% -
 
Paper - - - 0.06%
 
Diversified Materials - - - 0.02%
 
Forestry - - - 0.01%
 
Textile Products - - - 0.00%
 
Chemicals - 0.82% - -
 
Chemicals - - 0.82% -
 
Chemicals: Diversified - - - 0.51%
 
Specialty Chemicals - - - 0.25%
 
Fertilizers - - - 0.05%
 
Chemicals & Synthetic Fibers - - - 0.02%
 
Utilities 3.03% - - -
 
Utilities - 3.03% - -
 
Electricity - - 1.85% -
 
Conventional Electricity - - - 1.71%
 
Alternative Electricity - - - 0.14%
 
Gas, Water & Multi-utilities - - 1.14% -
 
Multi-Utilities - - - 0.75%
 
Water - - - 0.21%
 
Gas Distribution - - - 0.19%
 
Waste & Disposal Services - - 0.04% -
 
Waste & Disposal Services - - - 0.04%
 
Real Estate 2.49% - - -
 
Real Estate - 2.49% - -
 
Real Estate Investment Trusts - - 1.92% -
 
Diversified REITs - - - 0.53%
 
Industrial REITs - - - 0.36%
 
Infrastructure REITs - - - 0.20%
 
Retail REITs - - - 0.18%
 
Residential REITs - - - 0.16%
 
Office REITs - - - 0.15%
 
Other Specialty REITs - - - 0.11%
 
Storage REITs - - - 0.10%
 
Health Care REITs - - - 0.10%
 
Hotel & Lodging REITs - - - 0.02%
 
Timber REITs - - - 0.01%
 
Real Estate Investment & Services - - 0.56% -
 
Real Estate Holding and Development - - - 0.45%
 
Real Estate Services - - - 0.12%
 
Telecommunications 1.94% - - -
 
Telecommunications - 1.94% - -
 
Telecommunications Service Providers - - 1.09% -
 
Telecommunications Services - - - 1.00%
 
Cable Television Services - - - 0.08%
 
Telecommunications Equipment - - 0.86% -
 
Telecommunications Equipment - - - 0.86%

Regional Allocation

pie chart
  UK 19.28%
  Non-Classified 24.44%
  North America 12.88%
  Developed Europe - Excl UK 11.59%
  Emerging Asia 10.26%
  Cash and Equivalents 6.69%
  Japan 4.38%
  Australia & New Zealand 2.96%
  Property 2.30%
  Other Regions 5.21%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 85.99%
  Pound Sterling 9.28%
  US Dollar 2.65%
  Euro 0.78%
  Cash 0.38%
  Brazilian Real 0.08%
  Other Currencies 0.84%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 19.28% -
 
United Kingdom - 19.31%
 
Non-Classified 24.44% -
 
North America 12.88% -
 
United States - 11.42%
 
Canada - 1.46%
 
Developed Europe - Excl UK 11.59% -
 
France - 2.24%
 
Germany - 1.89%
 
Netherlands - 1.66%
 
Switzerland - 1.49%
 
Luxembourg - 0.81%
 
Sweden - 0.65%
 
Spain - 0.63%
 
Denmark - 0.59%
 
Italy - 0.47%
 
Ireland - 0.41%
 
Finland - 0.28%
 
Belgium - 0.25%
 
Norway - 0.16%
 
Austria - 0.04%
 
Portugal - 0.02%
 
Iceland - 0.00%
 
Emerging Asia 10.26% -
 
Taiwan - 3.68%
 
China - 2.38%
 
South Korea - 1.90%
 
India - 0.95%
 
Malaysia - 0.44%
 
Thailand - 0.39%
 
Philippines - 0.19%
 
Indonesia - 0.16%
 
Uzbekistan - 0.04%
 
Viet Nam - 0.03%
 
Azerbaijan - 0.02%
 
Kazakhstan - 0.02%
 
Tajikistan - 0.01%
 
Georgia - 0.01%
 
Mongolia - 0.01%
 
Armenia - 0.01%
 
Sri Lanka - 0.01%
 
Papua New Guinea - 0.01%
 
Pakistan - 0.00%
 
Macau - 0.00%
 
Cash and Equivalents 6.69% -
 
Japan 4.38% -
 
Japan - 4.38%
 
Australia & New Zealand 2.96% -
 
Australia - 2.80%
 
New Zealand - 0.15%
 
New Caledonia - 0.02%
 
Property 2.30% -
 
Middle East & Africa 1.84% -
 
South Africa - 1.15%
 
Saudi Arabia - 0.18%
 
United Arab Emirates - 0.10%
 
Cote D'Ivoire - 0.06%
 
Qatar - 0.06%
 
Israel - 0.04%
 
Kuwait - 0.04%
 
Egypt - 0.03%
 
Morocco - 0.03%
 
Oman - 0.02%
 
Benin - 0.02%
 
Nigeria - 0.02%
 
Kenya - 0.02%
 
Gabon - 0.01%
 
Senegal - 0.01%
 
Cameroon - 0.01%
 
Angola - 0.01%
 
Jordan - 0.01%
 
Mozambique - 0.01%
 
Rwanda - 0.01%
 
Zambia - 0.01%
 
Ghana - 0.01%
 
Iraq - 0.00%
 
Developed Asia 1.58% -
 
Hong Kong - 1.05%
 
Singapore - 0.53%
 
South & Central America 1.22% -
 
Mexico - 0.37%
 
Brazil - 0.35%
 
Colombia - 0.11%
 
Peru - 0.05%
 
Dominican Republic - 0.05%
 
Uruguay - 0.05%
 
Argentina - 0.04%
 
Chile - 0.04%
 
Paraguay - 0.03%
 
Jamaica - 0.02%
 
Venezuela - 0.02%
 
Guatemala - 0.02%
 
Barbados - 0.01%
 
Ecuador - 0.01%
 
Suriname - 0.01%
 
El Salvador - 0.01%
 
Trinidad and Tobago - 0.01%
 
Honduras - 0.01%
 
Costa Rica - 0.01%
 
Cayman Islands - 0.00%
 
Bolivia - 0.00%
 
Emerging Europe 0.58% -
 
Turkey - 0.18%
 
Poland - 0.09%
 
Romania - 0.07%
 
Hungary - 0.07%
 
Greece - 0.07%
 
Czech Republic - 0.04%
 
Serbia - 0.02%
 
Ukraine - 0.01%
 
Montenegro - 0.01%
 
Bosnia and Herzegowina - 0.01%
 
Albania - 0.00%
 
Russian Federation - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
30.15%
Large
 
 
12.79%
Medium
 
 
6.88%
Small
 
 
1.20%
Micro
 
 
0.20%
Non-Classified
 
 
28.45%
Bonds
 
 
13.63%
Cash
 
 
6.69%

Top 10 Fund Holdings

Name % Weight Sector Country
1 BlackRock iShares UK Equity Index Class X 16.85% Managed Funds Managed Funds
2 BlackRock iShares Pacific ex Japan Equity Index Class X 9.82% Managed Funds Managed Funds
3 BlackRock iShares Corporate Bond Index Class X 9.66% Managed Funds Managed Funds
4 M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc 7.01% Managed Funds Managed Funds
5 Legal & General European Index Trust C 6.78% Managed Funds Managed Funds
6 BlackRock (Dublin) iShares US Corporate Bond Index Fund 6.24% Managed Funds Managed Funds
7 BlackRock iShares US Equity Index Class X 5.88% Managed Funds Managed Funds
8 BlackRock iShares Japan Equity Index Class X 4.13% Managed Funds Managed Funds
9 BlackRock iShares Emerging Markets Equity Index Class X 3.96% Managed Funds Managed Funds
10 Legal & General Global Infrastructure Index Class C 2.95% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 1.65% Technology Hardware & Equipment Taiwan
2 SHELL 1.25% Non-Renewable Energy United Kingdom
3 ASTRAZENECA 1.23% Pharmaceuticals & Biotechnology United Kingdom
4 iShares iShares plc European Property Yield UCITS ETF EUR (Dist) 0.92% Non-Classified Direct Property and REITs
5 HSBC HOLDINGS 0.91% Banks United Kingdom
6 L&G FREEHOLD PROPERTY 0.88% Non-Classified Non-Classified
7 UNILEVER 0.73% Personal Care, Drug & Grocery Stores United Kingdom
8 BP 0.56% Non-Renewable Energy United Kingdom
9 SAMSUNG ELECTRONICS CO. LTD 0.54% Telecommunications Equipment South Korea
10 GSK 0.49% Pharmaceuticals & Biotechnology United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.21% 7.69% - - - - - - 7.91%
Telecommunications 0.20% 1.74% - 0.02% - - - - 1.96%
Financials 3.09% 6.97% - 0.02% - - 0.88% - 10.96%
Real Estate 0.40% 0.72% - - - 1.37% 0.01% - 2.50%
Consumer Discretionary 1.75% 4.49% - - - - 0.05% - 6.31%
Consumer Staples 2.27% 1.90% - - - - 0.01% - 4.19%
Energy 1.85% 1.85% - - - - - - 3.70%
Utilities 0.60% 2.43% 0.01% - - - 0.02% - 3.06%
Health Care 2.01% 2.81% - - - - - - 4.83%
Industrials 2.01% 5.63% - - - - 0.01% - 7.65%
Basic Materials 1.35% 2.03% - - - - - - 3.39%
Cash and Equivalents - - - - - - - 0.74% 0.74%
Bonds - - 3.46% 10.12% - - - - 13.58%
Non-Classified 0.07% 0.07% - - - 0.93% 22.22% 5.95% 29.23%

Important Information

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 BVYV0C7
Mex Code -
Isin Code GB00BVYV0C70
Citi Code MEMC

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.56%

Aims and Benchmark

Aims The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 17%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 17%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.
Benchmark IA Flexible Investment
Benchmark Category Comparator
Sector IA Volatility Managed

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 November 31 December

Ratings

FE Crown Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The Bank of New York Mellon (International) Limited
Fund Administrator Link Fund Administrators Limited
Fund Registrar Link Fund Administrators Limited
Fund Custodian The Bank of New York Mellon (International) Limited

Group Details

Group name Waystone Management (UK) Limited
Group address PO Box 389, DARLINGTON, DL1 9UF
Group telephone 0345 9220044
Dealing telephone 0344 3358936
Email investorservices@linkgroup.co.uk
Homepage www.waystone.com
Fax number 0113 2246001

Dealing

Minimum Investment £500
Minimum Top Up £250
Minimum Regular Saving £50
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges 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

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 ongoing charges, but take no account of product charges. Ongoing charges 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 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.