Prudential Ex-DSF M&G Managed Growth

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

Performance

Discrete performance - to last month end

31/05/14
to
31/05/15
31/05/15
to
31/05/16
31/05/16
to
31/05/17
31/05/17
to
31/05/18
31/05/18
to
31/05/19
Fund 9.4% -5.9% 38.6% 8.9% -2.0%
Sector 13.7% -2.9% 29.8% 6.9% 2.0%
Rank 676/768 691/814 20/843 212/867 726/870
Quartile 4 4 1 1 4

Annualised performance

Annualised
3 Years to
31/05/19
5 Years to
31/05/19
10 Years to
31/05/19
Fund 14.0% 8.8% 9.3%
Sector 12.3% 9.3% 10.8%
Rank 231/843 437/768 457/539
Quartile 2 3 4

Top 10 Holdings

Stock % Weight
Berkshire Hathaway B 1.24
WH Smith 1.22
Wells Fargo & Co. 1.19
United States Treasury Bill 1.18
Novo Nordisk A/S B 1.18
Samsung Electronics Co. 1.12
JPMorgan Chase & Co. 1.12
Citigroup 1.10
Microsoft Corp. 1.10
United States Treasury Bill 1.07
Total 11.51

Fund Aims

The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund. The fund aims to deliver a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of a composite index comprising 85% global equities and 15% global bonds, over any five-year period. The fund is a multi-asset fund that invests at least 70% of its assets in other collective investment schemes in order to gain exposure to assets from anywhere in the world, including equities, fixed income, convertibles, cash, or near cash. The fund may also invest directly in these assets. In aggregate, the fund will invest at least 70% of its assets in equities, either directly or via collective investment schemes. Derivatives may be used for investment purposes, efficient portfolio management and hedging.

Fund Manager

David Fishwick manager of the underlying fund for 3 years and 9 months

Photo of David Fishwick David Fishwick is Head of Macro and Equities Investment at M&G Investments and co-fund manager of the M&G Episode Macro Fund. Dave has more than 20 years of investment management experience, having joined Prudential Portfolio Managers (now M&G Investments) in 1987 as a European economist and subsequently being responsible for forming views on global bond and currency markets and applying them to multi-asset funds. In 1994, Dave relocated to Australia where he was appointed head of fixed interest and asset allocation strategy in 1997. During that time, he developed his ideas on market behaviour and designed the strategy, philosophy and process implemented for an overlay mandate for the Prudential Life Fund upon his return to Europe in 1999. In light of the success of this mandate, the M&G Episode Macro Fund was launched in 2010, which follows the same strategy. Dave has a BSc in economics from Brunel University, London. Eric Lonergan joined M&G in 2006 as a member of Dave Fishwick’s Multi Asset team and is manager of the M&G Episode Defensive Fund since launch in September 2012. He is also co-manager of the M&G Episode Macro Fund and the M&G Episode Growth Fund. Prior to joining M&G, Eric was managing director and head of macro research at JP Morgan Cazenove. He has a BA in politics, philosophy and economics from Pembroke College, Oxford, and an MSc in economics from the London School of Economics.

Fund Overview

Bid (24/06/2019) 342.90
Offer (24/06/2019) 361.00
Fund size (31/03/2019) £50.12m
Underlying Fund size £765.70m
Number of holdings 3861
Launch date 31/08/2004

Fund Charges

Base Annual Management Charge (AMC) 1.25%
Additional Charges 0.00%
Total Charges 1.25%

Asset Allocation

pie chart
  International Equities 76.16%
  UK Equities 10.69%
  International Bonds 8.23%
  Cash and Equivalents 2.91%
  Property 0.57%
  Investment Trusts 0.08%
  Other Assets 1.36%
Portfolio data accurate as at: 31/05/19

Important Information

Exchange rate fluctuations may cause the Sterling values of overseas investments to rise or fall.

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our 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 gross income reinvested. The value of your investment can go down as well as up and you may not get back the amount 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 FundsLibrary, 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 76.16%
  UK Equities 10.69%
  International Bonds 8.23%
  Cash and Equivalents 2.91%
  Property 0.57%
  Investment Trusts 0.08%
  Other Assets 1.36%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 3.90% - - -
 
Chemicals - 2.69% - -
 
Chemicals - - 2.69% -
 
Specialty Chemicals - - - 1.44%
 
Commodity Chemicals - - - 1.25%
 
Basic Resources - 1.21% - -
 
Mining - - 0.84% -
 
Gold Mining - - - 0.39%
 
General Mining - - - 0.37%
 
Coal - - - 0.04%
 
Diamonds & Gemstones - - - 0.03%
 
Platinum & Precious Metals - - - 0.02%
 
Industrial Metals & Mining - - 0.35% -
 
Nonferrous Metals - - - 0.25%
 
Iron & Steel - - - 0.11%
 
Aluminium - - - 0.00%
 
Forestry & Paper - - 0.02% -
 
Paper - - - 0.02%
 
Consumer Goods 9.31% - - -
 
Personal & Household Goods - 4.98% - -
 
Personal Goods - - 2.21% -
 
Personal Products - - - 1.25%
 
Clothing & Accessories - - - 0.96%
 
Footwear - - - 0.00%
 
Household Goods & Home Construction - - 1.22% -
 
Nondurable Household Products - - - 1.03%
 
Home Construction - - - 0.15%
 
Durable Household Products - - - 0.03%
 
Furnishings - - - 0.01%
 
Leisure Goods - - 1.09% -
 
Consumer Electronics - - - 0.50%
 
Recreational Products - - - 0.43%
 
Toys - - - 0.16%
 
Tobacco - - 0.46% -
 
Tobacco - - - 0.46%
 
Food & Beverage - 2.57% - -
 
Food Producers - - 1.97% -
 
Food Products - - - 1.94%
 
Farming & Fishing - - - 0.03%
 
Beverages - - 0.60% -
 
Brewers - - - 0.21%
 
Soft Drinks - - - 0.20%
 
Distillers & Vintners - - - 0.19%
 
Automobiles & Parts - 1.76% - -
 
Automobiles & Parts - - 1.76% -
 
Automobiles - - - 1.12%
 
Tyres - - - 0.56%
 
Auto Parts - - - 0.08%
 
Consumer Services 7.61% - - -
 
Retail - 3.60% - -
 
General Retailers - - 2.87% -
 
Specialty Retailers - - - 1.91%
 
Apparel Retailers - - - 0.48%
 
Specialized Consumer Services - - - 0.22%
 
Broadline Retailers - - - 0.16%
 
Home Improvement Retailers - - - 0.10%
 
Food & Drug Retailers - - 0.73% -
 
Food Retailers & Wholesalers - - - 0.56%
 
Drug Retailers - - - 0.17%
 
Media - 2.15% - -
 
Media - - 2.15% -
 
Broadcasting & Entertainment - - - 1.58%
 
Publishing - - - 0.32%
 
Media Agencies - - - 0.25%
 
Travel & Leisure - 1.86% - -
 
Travel & Leisure - - 1.86% -
 
Travel & Tourism - - - 0.60%
 
Restaurants & Bars - - - 0.34%
 
Gambling - - - 0.29%
 
Recreational Services - - - 0.24%
 
Airlines - - - 0.21%
 
Hotels - - - 0.19%
 
Financials 27.74% - - -
 
Banks - 14.23% - -
 
Banks - - 14.23% -
 
Banks - - - 14.23%
 
Financial Services - 6.38% - -
 
Financial Services - - 6.30% -
 
Consumer Finance - - - 2.22%
 
Investment Services - - - 1.73%
 
Asset Managers - - - 1.20%
 
Specialty Finance - - - 1.15%
 
Mortgage Finance - - - 0.00%
 
Equity Investment Instruments - - 0.08% -
 
Equity Investment Instruments - - - 0.08%
 
Nonequity Investment Instruments - - 0.00% -
 
Nonequity Investment Instruments - - - 0.00%
 
Insurance - 5.82% - -
 
Nonlife Insurance - - 4.21% -
 
Property & Casualty Insurance - - - 2.13%
 
Reinsurance - - - 1.43%
 
Insurance Brokers - - - 0.33%
 
Full Line Insurance - - - 0.31%
 
Life Insurance - - 1.60% -
 
Life Insurance - - - 1.60%
 
Real Estate - 1.31% - -
 
Real Estate Investment & Services - - 0.74% -
 
Real Estate Holding & Development - - - 0.74%
 
Real Estate Services - - - 0.00%
 
Real Estate Investment Trusts - - 0.57% -
 
Specialty REITs - - - 0.47%
 
Diversified REITs - - - 0.08%
 
Mortgage REITs - - - 0.01%
 
Retail REITs - - - 0.01%
 
Industrial & Office REITs - - - 0.00%
 
Residential REITs - - - 0.00%
 
Hotel & Lodging REITs - - - 0.00%
 
Health Care 8.66% - - -
 
Health Care - 8.66% - -
 
Pharmaceuticals & Biotechnology - - 5.77% -
 
Pharmaceuticals - - - 5.28%
 
Biotechnology - - - 0.48%
 
Health Care Equipment & Services - - 2.89% -
 
Health Care Providers - - - 2.09%
 
Medical Supplies - - - 0.71%
 
Medical Equipment - - - 0.08%
 
Industrials 14.02% - - -
 
Industrial Goods & Services - 12.97% - -
 
Industrial Engineering - - 2.82% -
 
Industrial Machinery - - - 2.28%
 
Commercial Vehicles & Trucks - - - 0.54%
 
Support Services - - 2.67% -
 
Business Support Services - - - 1.82%
 
Financial Administration - - - 0.27%
 
Industrial Suppliers - - - 0.26%
 
Waste & Disposal Services - - - 0.19%
 
Business Training & Employment Agencies - - - 0.12%
 
Electronic & Electrical Equipment - - 2.58% -
 
Electrical Components & Equipment - - - 1.36%
 
Electronic Equipment - - - 1.22%
 
General Industrials - - 2.44% -
 
Containers & Packaging - - - 1.27%
 
Diversified Industrials - - - 1.17%
 
Industrial Transportation - - 2.21% -
 
Marine Transportation - - - 0.69%
 
Transportation Services - - - 0.68%
 
Trucking - - - 0.47%
 
Railroads - - - 0.20%
 
Delivery Services - - - 0.17%
 
Aerospace & Defence - - 0.24% -
 
Aerospace - - - 0.19%
 
Defence - - - 0.05%
 
Construction & Materials - 1.06% - -
 
Construction & Materials - - 1.06% -
 
Building Materials & Fixtures - - - 0.68%
 
Heavy Construction - - - 0.37%
 
Oil & Gas 4.89% - - -
 
Oil & Gas - 4.89% - -
 
Oil & Gas Producers - - 4.01% -
 
Integrated Oil & Gas - - - 2.51%
 
Oil & Gas Exploration & Production - - - 1.50%
 
Oil Equipment, Services & Distribution - - 0.69% -
 
Oil Equipment & Services - - - 0.35%
 
Pipelines - - - 0.34%
 
Alternative Energy - - 0.19% -
 
Renewable Energy Equipment - - - 0.19%
 
Technology 9.24% - - -
 
Technology - 9.24% - -
 
Software & Computer Services - - 4.69% -
 
Software - - - 2.54%
 
Internet - - - 1.19%
 
Computer Services - - - 0.96%
 
Technology Hardware & Equipment - - 4.56% -
 
Computer Hardware - - - 2.04%
 
Semiconductors - - - 1.77%
 
Telecommunications Equipment - - - 0.46%
 
Electronic Office Equipment - - - 0.29%
 
Telecommunications 0.57% - - -
 
Telecommunications - 0.57% - -
 
Fixed Line Telecommunications - - 0.45% -
 
Fixed Line Telecommunications - - - 0.45%
 
Mobile Telecommunications - - 0.12% -
 
Mobile Telecommunications - - - 0.12%
 
Utilities 1.49% - - -
 
Utilities - 1.49% - -
 
Electricity - - 0.78% -
 
Conventional Electricity - - - 0.78%
 
Alternative Electricity - - - 0.00%
 
Gas, Water & Multiutilities - - 0.71% -
 
Multiutilities - - - 0.34%
 
Water - - - 0.28%
 
Gas Distribution - - - 0.10%
 
Government 1.33% - - -
 
Government - 1.33% - -
 
Government - - 1.33% -
 
Government - - - 1.33%
 
Investment Grade Corp Bonds 0.02% - - -
 
Investment Grade Corp Bonds - 0.02% - -
 
Investment Grade Corp Bonds - - 0.02% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
High Yield Corporate Bond - - 0.01% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
High Yield Corporate Bond - 0.01% - -
 
Investment Grade Corp Bonds - - 0.02% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
High Yield Corporate Bond - - 0.01% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
High Yield Corporate Bond 0.01% - - -
 
Investment Grade Corp Bonds - 0.02% - -
 
Investment Grade Corp Bonds - - 0.02% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
High Yield Corporate Bond - - 0.01% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
High Yield Corporate Bond - 0.01% - -
 
Investment Grade Corp Bonds - - 0.02% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
High Yield Corporate Bond - - 0.01% -
 
Investment Grade Corp Bonds - - - 0.02%
 
High Yield Corporate Bond - - - 0.01%
 
Asset Backed securities 0.01% - - -
 
Asset backed securities - 0.01% - -
 
Asset backed securities - - 0.01% -
 
Asset backed securities - - - 0.01%
 
Mortgage Backed securities 0.01% - - -
 
Mortgage backed securities - 0.01% - -
 
Mortgage backed securities - - 0.01% -
 
Mortgage backed securities - - - 0.01%
 
Commodities 0.05% - - -
 
Commodities - 0.05% - -
 
Commodities - - 0.05% -
 
Commodities - - - 0.05%
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%
 
Non-Classified 8.23% - - -
 
Non-Classified - 0.05% - -
 
Non-Classified - - 0.05% -
 
Non-Classified - - - 0.05%
 
Cash and Equivalents 2.91% - - -

Regional Allocation

pie chart
  North America 41.52%
  Developed Europe - Excl UK 17.57%
  UK 10.70%
  Japan 9.35%
  Emerging Asia 6.49%
  Developed Asia 4.42%
  Other Regions 9.93%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 88.84%
  US Dollar 6.85%
  Cash 2.91%
  Rand 0.17%
  Rupiah 0.17%
  Mexican Peso 0.16%
  Other Currencies 0.90%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 41.52% -
 
United States - 40.09%
 
Canada - 1.44%
 
Developed Europe - Excl UK 17.57% -
 
Denmark - 3.00%
 
Germany - 2.73%
 
Switzerland - 2.54%
 
Ireland - 2.15%
 
Netherlands - 2.15%
 
France - 1.56%
 
Finland - 0.79%
 
Spain - 0.77%
 
Norway - 0.48%
 
Italy - 0.44%
 
Belgium - 0.34%
 
Portugal - 0.23%
 
Austria - 0.21%
 
Luxembourg - 0.12%
 
Sweden - 0.05%
 
UK 10.70% -
 
United Kingdom - 10.70%
 
Jersey - 0.00%
 
Japan 9.35% -
 
Japan - 9.35%
 
Emerging Asia 6.49% -
 
South Korea - 2.46%
 
Taiwan - 1.51%
 
China - 0.77%
 
India - 0.51%
 
Philippines - 0.46%
 
Indonesia - 0.45%
 
Pakistan - 0.13%
 
Malaysia - 0.12%
 
Thailand - 0.09%
 
Developed Asia 4.42% -
 
Hong Kong - 3.83%
 
Singapore - 0.58%
 
Cash and Equivalents 2.91% -
 
South & Central America 1.73% -
 
Brazil - 0.91%
 
Mexico - 0.62%
 
Colombia - 0.07%
 
Peru - 0.05%
 
Chile - 0.05%
 
Argentina - 0.03%
 
Australia & New Zealand 1.33% -
 
Australia - 1.30%
 
New Zealand - 0.04%
 
Non-Classified 1.37% -
 
Emerging Europe 1.03% -
 
Russian Federation - 0.50%
 
Turkey - 0.32%
 
Poland - 0.10%
 
Hungary - 0.04%
 
Czech Republic - 0.04%
 
Romania - 0.03%
 
Greece - 0.00%
 
Middle East & Africa 0.99% -
 
South Africa - 0.75%
 
Israel - 0.13%
 
United Arab Emirates - 0.11%
 
Zambia - 0.01%
 
Saudi Arabia - 0.00%
 
Qatar - 0.00%
 
Egypt - 0.00%
 
Property 0.57% -

Breakdown By Market Cap (%)

Mega
 
 
40.99%
Large
 
 
17.97%
Medium
 
 
16.60%
Small
 
 
3.84%
Micro
 
 
1.36%
Non-Classified
 
 
8.08%
Bonds
 
 
8.25%
Cash
 
 
2.91%

Top 10 Holdings

Stock % Weight Sector Country
1 Berkshire Hathaway B 1.24% Nonlife Insurance United States
2 WH Smith 1.22% General Retailers United Kingdom
3 Wells Fargo & Co. 1.19% Banks United States
4 United States Treasury Bill 1.18% Bonds United States
5 Novo Nordisk A/S B 1.18% Pharmaceuticals & Biotechnology Denmark
6 Samsung Electronics Co. 1.12% Technology Hardware & Equipment South Korea
7 JPMorgan Chase & Co. 1.12% Banks United States
8 Citigroup 1.10% Banks United States
9 Microsoft Corp. 1.10% Software & Computer Services United States
10 United States Treasury Bill 1.07% Bonds United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Basic Materials 0.23% 3.67% - - - - - - 3.91%
Consumer Goods 1.35% 7.96% - - - - - - 9.31%
Consumer Services 2.54% 5.07% - - - - - - 7.61%
Financials 2.69% 24.40% - 0.03% - 0.57% 0.08% - 27.77%
Health Care 1.09% 7.57% - 0.05% - - - - 8.71%
Industrials 1.29% 12.73% - - - - - - 14.02%
Oil & Gas 1.22% 3.67% - - - - - - 4.89%
Technology 0.12% 9.13% - 0.01% - - - - 9.25%
Telecommunications 0.09% 0.48% - - - - - - 0.57%
Utilities 0.07% 1.42% - - - - - - 1.49%
Property - - - - - - - - -
Cash and Equivalents - - - - - - - 2.91% 2.91%
Bonds - - 0.01% 8.14% - - - - 8.15%
Non-Classified - 0.05% - - - - 1.34% - 1.40%
Commodities - - - - - - - - -
Alternative Trading Strategies - - - - - - - - -

Important Information

Exchange rate fluctuations may cause the Sterling values of overseas investments to rise or fall.

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 FundsLibrary, 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 B02SR55
Mex Code PUNUM
Isin Code GB00B02SR554
Citi Code ILF4

Fund Charges

Base Annual Management Charge (AMC) 1.25%
Additional Charges 0.00%
Total Charges 1.25%

Aims and Benchmark

Aims The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund. The fund aims to deliver a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of a composite index comprising 85% global equities and 15% global bonds, over any five-year period. The fund is a multi-asset fund that invests at least 70% of its assets in other collective investment schemes in order to gain exposure to assets from anywhere in the world, including equities, fixed income, convertibles, cash, or near cash. The fund may also invest directly in these assets. In aggregate, the fund will invest at least 70% of its assets in equities, either directly or via collective investment schemes. Derivatives may be used for investment purposes, efficient portfolio management and hedging.
Benchmark Composite
ABI Sector Global Equities

Ratings

FE Crown Crown Rating of 5

Important Information

Exchange rate fluctuations may cause the Sterling values of overseas investments to rise or fall.

Our 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 FundsLibrary, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Exchange rate fluctuations may cause the Sterling values of overseas investments to rise or fall.

Source of performance data: Financial Express (FE). Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges, or the Annual Management Charge for any available PruFund funds. The application of charges may impact the overall performance. Please also note that our 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 gross income reinvested. The value of your investment can go down as well as up and you may not get back the amount 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 FundsLibrary, 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 (PACL), which is registered in England and Wales. This name is also used by other companies within the Prudential Group. 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.