Prudential Japan Equity Passive S3
Performance
Discrete performance - to latest available quarter end
| 30/06/17 to 30/06/18 |
30/06/18 to 30/06/19 |
30/06/19 to 30/06/20 |
30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
|
|---|---|---|---|---|---|
| Fund | 8.9% | -0.9% | 5.1% | 11.8% | -8.9% |
| Sector | 9.5% | -3.6% | 3.0% | 13.4% | -9.2% |
| Rank | 79/162 | 29/163 | 88/164 | 99/164 | 93/167 |
| Quartile | 2 | 1 | 3 | 3 | 3 |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 2 2022 |
3 Years to 30/06/22 |
5 Years to 30/06/22 |
10 Years to 30/06/22 |
|
| Fund | -6.5% | 2.3% | 2.9% | 8.6% |
| Sector | -7.0% | 2.0% | 2.3% | 8.2% |
| Rank | 52/167 | 86/164 | 68/162 | 70/155 |
| Quartile | 2 | 3 | 2 | 2 |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TOYOTA MOTOR CORPORATION | 5.27 |
| SONY CORP | 2.80 |
| KEYENCE CORP | 1.94 |
| MITSUBISHI UFJ FINANCIAL GROUP | 1.81 |
| KDDI CORP | 1.43 |
| DAIICHI SANKYO CO LTD | 1.35 |
| TOKYO ELECTRON | 1.33 |
| NINTENDO CO | 1.31 |
| SHIN-ETSU CHEMICAL CO | 1.28 |
| HITACHI | 1.21 |
| Total | 19.73 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Passive Fund - the underlying fund.
Underlying Fund Objective: The fund invests in the shares of Japanese companies. The fund is passively managed against its benchmark, the FTSE Japan Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index.
Performance Objective: To match the performance of the benchmark as closely as possible.
Fund Manager
Richard O’Connor joined Prudential Group in July 2002 and is an index fund manager with responsibility for some 15 funds. He is also fund manager of the M&G Global Real Estate Securities Fund. He joined the business from Goldman Sachs where he worked as a consultant to the fixed income derivatives department. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management (South Africa) in a research analyst role, which he held for more than three years. Richard graduated with an honours degree in investment management from Rand Afrikaans University and a bachelor of commerce degree from the University of Natal.
Fund Overview
| Daily price (04/08/2022) | 281.40 |
| Fund size (30/06/2022) | £5.56m |
| Underlying Fund size | £0.00m |
| Number of holdings | 397 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 31/03/2004 |
Asset Allocation
| International Equities | 96.90% | |
| Property | 1.30% | |
| Cash and Equivalents | 1.06% | |
| Other Assets | 0.74% |
Commentary
Performance as at Q1 2022 - The Japanese stockmarket fell in the first quarter and lagged the MSCI World Index. Fears of an economic slowdown in China (one of Japan's largest trading partners) continue to weigh on investors' minds; however, the recent reporting season (for the quarter ending December 2021) in Japan, has generally produced positive surprises. This continues to produce more ongoing evidence of an increasingly resilient profits structure in Japan, in our view. Over the quarter, the better-performing sectors included utilities, communication services and financials (shares in banks rose on the back of expectations of higher interest rates, which can improve profitability). Conversely, healthcare and technology lagged the broader market. Some of the companies in these sectors are high-growth and tend to be more sensitive to the prospect of rising interest rates.
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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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 | 96.90% | |
| Property | 1.30% | |
| Cash and Equivalents | 1.06% | |
| Other Assets | 0.74% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 23.72% | - | - | - | |
| Industrial Goods & Services | - | 21.10% | - | - | |
| Electronic & Electrical Equipment | - | - | 4.59% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 3.78% | |
| Electrical Components | - | - | - | 0.64% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.12% | |
| Electronic Equipment: Other | - | - | - | 0.06% | |
| Industrial Engineering | - | - | 4.33% | - | |
| Machinery: Industrial | - | - | - | 2.96% | |
| Machinery: Construction & Handling | - | - | - | 0.75% | |
| Machinery: Agricultural | - | - | - | 0.42% | |
| Machinery: Tools | - | - | - | 0.12% | |
| Machinery: Specialty | - | - | - | 0.08% | |
| General Industrials | - | - | 4.14% | - | |
| Diversified Industrials | - | - | - | 3.58% | |
| Paints & Coatings | - | - | - | 0.25% | |
| Glass | - | - | - | 0.19% | |
| Containers & Packaging | - | - | - | 0.13% | |
| Industrial Transportation | - | - | 4.12% | - | |
| Railroads | - | - | - | 2.55% | |
| Marine Transportation | - | - | - | 0.70% | |
| Delivery Services | - | - | - | 0.43% | |
| Commercial Vehicles & Parts | - | - | - | 0.34% | |
| Transportation Services | - | - | - | 0.10% | |
| Industrial Support Services | - | - | 3.91% | - | |
| Industrial Suppliers | - | - | - | 1.77% | |
| Business Training & Employment Agencies | - | - | - | 1.21% | |
| Security Services | - | - | - | 0.43% | |
| Forms & Bulk Printing Services | - | - | - | 0.29% | |
| Transaction Processing Services | - | - | - | 0.21% | |
| Construction & Materials | - | 2.63% | - | - | |
| Construction & Materials | - | - | 2.63% | - | |
| Building: Climate Control | - | - | - | 1.19% | |
| Construction | - | - | - | 0.68% | |
| Engineering & Contracting Services | - | - | - | 0.38% | |
| Building Materials: Other | - | - | - | 0.29% | |
| Cement | - | - | - | 0.08% | |
| Consumer Discretionary | 23.40% | - | - | - | |
| Automobiles & Parts | - | 10.10% | - | - | |
| Automobiles & Parts | - | - | 10.10% | - | |
| Automobiles | - | - | - | 7.58% | |
| Auto Parts | - | - | - | 1.86% | |
| Tires | - | - | - | 0.67% | |
| Consumer Products & Services | - | 8.71% | - | - | |
| Leisure Goods | - | - | 6.53% | - | |
| Consumer Electronics | - | - | - | 3.36% | |
| Electronic Entertainment | - | - | - | 2.00% | |
| Recreational Products | - | - | - | 0.56% | |
| Toys | - | - | - | 0.38% | |
| Recreational Vehicles & Boats | - | - | - | 0.14% | |
| Photography | - | - | - | 0.09% | |
| Household Goods & Home Construction | - | - | 1.22% | - | |
| Home Construction | - | - | - | 0.96% | |
| Household Equipment & Products | - | - | - | 0.16% | |
| Household Appliance | - | - | - | 0.10% | |
| Personal Goods | - | - | 0.82% | - | |
| Cosmetics | - | - | - | 0.71% | |
| Footwear | - | - | - | 0.12% | |
| Consumer Services | - | - | 0.14% | - | |
| Consumer Services: Misc. | - | - | - | 0.10% | |
| Education Services | - | - | - | 0.04% | |
| Retail | - | 2.72% | - | - | |
| Retailers | - | - | 2.72% | - | |
| Diversified Retailers | - | - | - | 1.67% | |
| Apparel Retailers | - | - | - | 0.74% | |
| Home Improvement Retailers | - | - | - | 0.20% | |
| Specialty Retailers | - | - | - | 0.10% | |
| Travel & Leisure | - | 1.42% | - | - | |
| Travel & Leisure | - | - | 1.42% | - | |
| Recreational Services | - | - | - | 0.74% | |
| Casinos & Gambling | - | - | - | 0.20% | |
| Travel & Tourism | - | - | - | 0.19% | |
| Restaurants & Bars | - | - | - | 0.15% | |
| Airlines | - | - | - | 0.14% | |
| Media | - | 0.45% | - | - | |
| Media | - | - | 0.45% | - | |
| Media Agencies | - | - | - | 0.24% | |
| Entertainment | - | - | - | 0.14% | |
| Radio & TV Broadcasters | - | - | - | 0.07% | |
| Technology | 10.77% | - | - | - | |
| Technology | - | 10.77% | - | - | |
| Technology Hardware & Equipment | - | - | 8.27% | - | |
| Electronic Components | - | - | - | 3.17% | |
| Production Technology Equipment | - | - | - | 1.94% | |
| Electronic Office Equipment | - | - | - | 1.49% | |
| Computer Hardware | - | - | - | 1.05% | |
| Semiconductors | - | - | - | 0.61% | |
| Software & Computer Services | - | - | 2.50% | - | |
| Computer Services | - | - | - | 1.51% | |
| Consumer Digital Services | - | - | - | 0.61% | |
| Software | - | - | - | 0.37% | |
| Financials | 10.04% | - | - | - | |
| Banks | - | 5.22% | - | - | |
| Banks | - | - | 5.22% | - | |
| Banks | - | - | - | 5.22% | |
| Insurance | - | 3.03% | - | - | |
| Non-life Insurance | - | - | 1.81% | - | |
| Property & Casualty Insurance | - | - | - | 1.81% | |
| Life Insurance | - | - | 1.22% | - | |
| Life Insurance | - | - | - | 1.22% | |
| Financial Services | - | 1.78% | - | - | |
| Investment Banking & Brokerage Services | - | - | 0.94% | - | |
| Investment Services | - | - | - | 0.71% | |
| Asset Managers & Custodians | - | - | - | 0.22% | |
| Finance & Credit Services | - | - | 0.85% | - | |
| Mortgage Finance | - | - | - | 0.78% | |
| Consumer Lending | - | - | - | 0.07% | |
| Health Care | 9.18% | - | - | - | |
| Health Care | - | 9.18% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.08% | - | |
| Pharmaceuticals | - | - | - | 6.05% | |
| Biotechnology | - | - | - | 0.03% | |
| Medical Equipment & Services | - | - | 2.76% | - | |
| Medical Equipment | - | - | - | 1.78% | |
| Medical Supplies | - | - | - | 0.88% | |
| Medical Services | - | - | - | 0.10% | |
| Health Care Providers | - | - | 0.34% | - | |
| Health Care Services | - | - | - | 0.34% | |
| Consumer Staples | 5.63% | - | - | - | |
| Food, Beverage & Tobacco | - | 3.56% | - | - | |
| Food Producers | - | - | 1.89% | - | |
| Food Products | - | - | - | 1.89% | |
| Beverages | - | - | 1.12% | - | |
| Brewers | - | - | - | 0.79% | |
| Soft Drinks | - | - | - | 0.25% | |
| Distillers & Vintners | - | - | - | 0.09% | |
| Tobacco | - | - | 0.55% | - | |
| Tobacco | - | - | - | 0.55% | |
| Personal Care, Drug & Grocery Stores | - | 2.08% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.08% | - | |
| Personal Products | - | - | - | 1.04% | |
| Food Retailers & Wholesalers | - | - | - | 0.52% | |
| Drug Retailers | - | - | - | 0.52% | |
| Basic Materials | 5.06% | - | - | - | |
| Chemicals | - | 3.88% | - | - | |
| Chemicals | - | - | 3.88% | - | |
| Chemicals: Diversified | - | - | - | 2.93% | |
| Specialty Chemicals | - | - | - | 0.56% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.39% | |
| Basic Resources | - | 1.18% | - | - | |
| Industrial Metals & Mining | - | - | 1.04% | - | |
| Iron & Steel | - | - | - | 0.58% | |
| Metal Fabricating | - | - | - | 0.27% | |
| Nonferrous Metals | - | - | - | 0.19% | |
| Industrial Materials | - | - | 0.15% | - | |
| Paper | - | - | - | 0.15% | |
| Telecommunications | 4.54% | - | - | - | |
| Telecommunications | - | 4.54% | - | - | |
| Telecommunications Service Providers | - | - | 4.46% | - | |
| Telecommunications Services | - | - | - | 4.46% | |
| Telecommunications Equipment | - | - | 0.07% | - | |
| Telecommunications Equipment | - | - | - | 0.07% | |
| Real Estate | 3.55% | - | - | - | |
| Real Estate | - | 3.55% | - | - | |
| Real Estate Investment & Services | - | - | 1.96% | - | |
| Real Estate Holding and Development | - | - | - | 1.96% | |
| Real Estate Investment Trusts | - | - | 1.59% | - | |
| Industrial REITs | - | - | - | 0.37% | |
| Office REITs | - | - | - | 0.31% | |
| Residential REITs | - | - | - | 0.28% | |
| Diversified REITs | - | - | - | 0.27% | |
| Retail REITs | - | - | - | 0.26% | |
| Other Specialty REITs | - | - | - | 0.10% | |
| Utilities | 1.48% | - | - | - | |
| Utilities | - | 1.48% | - | - | |
| Electricity | - | - | 0.92% | - | |
| Conventional Electricity | - | - | - | 0.92% | |
| Gas, Water & Multi-utilities | - | - | 0.56% | - | |
| Gas Distribution | - | - | - | 0.56% | |
| Cash and Equivalents | 1.06% | - | - | - | |
| Energy | 0.84% | - | - | - | |
| Energy | - | 0.84% | - | - | |
| Non-Renewable Energy | - | - | 0.84% | - | |
| Oil Refining and Marketing | - | - | - | 0.36% | |
| Oil: Crude Producers | - | - | - | 0.31% | |
| Integrated Oil & Gas | - | - | - | 0.17% | |
| Non-Classified | 0.74% | - | - | - | |
| Non-Classified | - | 0.63% | - | - | |
| Non-Classified | - | - | 0.63% | - | |
| Non-Classified | - | - | - | 0.63% | |
Regional Allocation
| Japan | 97.03% | |
| Property | 1.17% | |
| Cash and Equivalents | 1.06% | |
| Non-Classified | 0.74% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Japan | 97.03% | - | |
Japan
|
- | 97.03% | |
| Property | 1.17% | - | |
| Cash and Equivalents | 1.06% | - | |
| Non-Classified | 0.74% | - | |
Breakdown By Market Cap (%)
| Mega |
|
45.56% |
| Large |
|
32.83% |
| Medium |
|
19.53% |
| Small |
|
0.20% |
| Non-Classified |
|
0.82% |
| Cash |
|
1.06% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TOYOTA MOTOR CORPORATION | 5.27% | Automobiles & Parts | Japan |
| 2 | SONY CORP | 2.80% | Leisure Goods | Japan |
| 3 | KEYENCE CORP | 1.94% | Electronic & Electrical Equipment | Japan |
| 4 | MITSUBISHI UFJ FINANCIAL GROUP | 1.81% | Banks | Japan |
| 5 | KDDI CORP | 1.43% | Telecommunications Service Providers | Japan |
| 6 | DAIICHI SANKYO CO LTD | 1.35% | Pharmaceuticals & Biotechnology | Japan |
| 7 | TOKYO ELECTRON | 1.33% | Technology Hardware & Equipment | Japan |
| 8 | NINTENDO CO | 1.31% | Leisure Goods | Japan |
| 9 | SHIN-ETSU CHEMICAL CO | 1.28% | Chemicals | Japan |
| 10 | HITACHI | 1.21% | Electronic & Electrical Equipment | Japan |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 10.77% | - | - | - | - | - | - | 10.77% |
| Telecommunications | - | 4.54% | - | - | - | - | - | - | 4.54% |
| Financials | - | 10.04% | - | - | - | - | - | - | 10.04% |
| Real Estate | - | 2.25% | - | - | - | 1.30% | - | - | 3.55% |
| Consumer Discretionary | - | 23.40% | - | - | - | - | - | - | 23.40% |
| Consumer Staples | - | 5.63% | - | - | - | - | - | - | 5.63% |
| Energy | - | 0.84% | - | - | - | - | - | - | 0.84% |
| Utilities | - | 1.48% | - | - | - | - | - | - | 1.48% |
| Health Care | - | 9.18% | - | - | - | - | - | - | 9.18% |
| Industrials | - | 23.72% | - | - | - | - | 0.12% | - | 23.84% |
| Basic Materials | - | 5.06% | - | - | - | - | - | - | 5.06% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.06% | 1.06% |
| Non-Classified | - | - | - | - | - | - | 0.63% | - | 0.63% |
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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Identification Codes
| Sedol Code | 3424801 |
| Mex Code | PUPUSH |
| Isin Code | GB0034248012 |
| Citi Code | P541 |
Fund Charges
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Passive Fund - the underlying fund. Underlying Fund Objective: The fund invests in the shares of Japanese companies. The fund is passively managed against its benchmark, the FTSE Japan Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index. Performance Objective: To match the performance of the benchmark as closely as possible. |
| Benchmark | FTSE Japan Index |
| Sector | ABI Japan 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).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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.
Higher Risk
These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.
Help
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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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.