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

31/03/16
to
31/03/17
31/03/17
to
31/03/18
31/03/18
to
31/03/19
31/03/19
to
31/03/20
31/03/20
to
31/03/21
Fund 37.7% 5.5% 2.5% -13.1% 38.9%
Sector 27.7% 1.7% 7.4% -7.8% 37.5%
Rank 7/770 105/794 729/796 642/816 351/825
Quartile 1 1 4 4 2

Annualised performance

Annualised
3 Years to
31/03/21
5 Years to
31/03/21
10 Years to
31/03/21
Fund 7.4% 12.4% 7.9%
Sector 10.9% 12.1% 9.3%
Rank 626/796 347/770 444/577
Quartile 4 2 4

Top 10 Holdings

Stock % Weight
BERKSHIRE HATHAWAY INC 1.16
SAMSUNG ELECTRONICS CO 1.15
UNITED STATES TREASURY 0.000000% 03/06/2021 1.03
UNITED STATES TREASURY 0.000000% 22/04/2021 1.03
UNITED STATES TREASURY 0.000000% 17/06/2021 1.02
MICROSOFT CORP 1.02
UNITED STATES TREASURY 0.000000% 20/05/2021 1.02
UNITED STATES TREASURY 0.000000% 27/05/2021 1.02
UNITED STATES TREASURY 0.000000% 26/08/2021 1.01
JPMORGAN CHASE & CO 1.00
Total 10.44

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund - the underlying fund.

Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Flexible Investment Sector over any five-year period.

Fund Manager

David Fishwick manager of the underlying fund for 5 years and 7 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 (15/04/2021) 408.80
Offer (15/04/2021) 430.30
Fund size (31/01/2021) £46.88m
Underlying Fund size £868.79m
Number of holdings 1370
Launch date 31/08/2004

Fund Charges

Annual Management Charge (AMC) 1.25%
Further Costs 0.00%
Yearly Total 1.25%

Asset Allocation

pie chart
  International Equities 67.50%
  International Bonds 9.91%
  UK Equities 8.34%
  Cash and Equivalents 1.01%
  Alternative Trading Strategies 0.98%
  Money Market 0.56%
  Property 0.35%
  UK Corporate Bonds 0.19%
  Investment Trusts 0.06%
  Other Assets 11.11%
Portfolio data accurate as at: 31/03/21

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 Equities 67.50%
  International Bonds 9.91%
  UK Equities 8.34%
  Cash and Equivalents 1.01%
  Alternative Trading Strategies 0.98%
  Money Market 0.56%
  Property 0.35%
  UK Corporate Bonds 0.19%
  Investment Trusts 0.06%
  Other Assets 11.11%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 19.39% - - -
 
Banks - 10.08% - -
 
Banks - - 10.08% -
 
Banks - - - 10.08%
 
Financial Services - 5.61% - -
 
Investment Banking & Brokerage Services - - 4.19% -
 
Investment Services - - - 1.73%
 
Diversified Financial Services - - - 1.42%
 
Asset Managers & Custodians - - - 1.04%
 
Finance & Credit Services - - 1.36% -
 
Mortgage Finance - - - 0.84%
 
Financial Data & Systems - - - 0.52%
 
Consumer Lending - - - 0.00%
 
Equity Investment Instruments - - 0.06% -
 
Equity Investment Instruments - - - 0.06%
 
Insurance - 3.70% - -
 
Non-life Insurance - - 2.53% -
 
Property & Casualty Insurance - - - 1.40%
 
Full Line Insurance - - - 0.68%
 
Insurance Brokers - - - 0.42%
 
Reinsurance - - - 0.03%
 
Life Insurance - - 1.17% -
 
Life Insurance - - - 1.17%
 
Industrials 13.36% - - -
 
Industrial Goods & Services - 11.47% - -
 
Industrial Transportation - - 3.53% -
 
Marine Transportation - - - 1.35%
 
Trucking - - - 0.70%
 
Railroads - - - 0.46%
 
Transportation Services - - - 0.42%
 
Commercial Vehicles & Parts - - - 0.37%
 
Delivery Services - - - 0.13%
 
Railroad Equipment - - - 0.09%
 
Commercial Vehicle-Equipment Leasing - - - 0.01%
 
Industrial Support Services - - 3.47% -
 
Transaction Processing Services - - - 1.83%
 
Industrial Suppliers - - - 0.56%
 
Security Services - - - 0.47%
 
Business Training & Employment Agencies - - - 0.34%
 
Professional Business Support Services - - - 0.26%
 
Electronic & Electrical Equipment - - 2.04% -
 
Electrical Components - - - 1.17%
 
Electronic Equipment: Control & Filter - - - 0.53%
 
Electronic Equipment: Gauges & Meters - - - 0.34%
 
Electronic Equipment: Pollution Control - - - 0.01%
 
General Industrials - - 1.39% -
 
Containers & Packaging - - - 0.83%
 
Diversified Industrials - - - 0.43%
 
Plastics - - - 0.13%
 
Industrial Engineering - - 0.72% -
 
Machinery: Industrial - - - 0.34%
 
Machinery: Specialty - - - 0.17%
 
Machinery: Construction & Handling - - - 0.12%
 
Machinery: Engines - - - 0.08%
 
Aerospace & Defence - - 0.32% -
 
Defense - - - 0.28%
 
Aerospace - - - 0.04%
 
Construction & Materials - 1.89% - -
 
Construction & Materials - - 1.89% -
 
Construction - - - 0.60%
 
Engineering & Contracting Services - - - 0.59%
 
Cement - - - 0.48%
 
Building Materials: Other - - - 0.22%
 
Non-Classified 11.74% - - -
 
Non-Classified - 9.72% - -
 
Non-Classified - - 9.72% -
 
Non-Classified - - - 9.72%
 
Bonds 10.10% - - -
 
Consumer Discretionary 9.36% - - -
 
Retail - 2.85% - -
 
Retailers - - 2.85% -
 
Specialty Retailers - - - 1.63%
 
Diversified Retailers - - - 0.86%
 
Home Improvement Retailers - - - 0.23%
 
Apparel Retailers - - - 0.14%
 
Consumer Products & Services - 2.65% - -
 
Leisure Goods - - 1.37% -
 
Consumer Electronics - - - 0.49%
 
Electronic Entertainment - - - 0.47%
 
Photography - - - 0.18%
 
Toys - - - 0.18%
 
Recreational Products - - - 0.05%
 
Personal Goods - - 0.83% -
 
Clothing & Accessories - - - 0.32%
 
Cosmetics - - - 0.29%
 
Luxury Items - - - 0.19%
 
Footwear - - - 0.03%
 
Consumer Services - - 0.44% -
 
Consumer Services: Misc. - - - 0.22%
 
Vending & Catering Service - - - 0.14%
 
Education Services - - - 0.06%
 
Funeral Parlors & Cemetery - - - 0.02%
 
Household Goods & Home Construction - - 0.01% -
 
Home Construction - - - 0.01%
 
Automobiles & Parts - 1.64% - -
 
Automobiles & Parts - - 1.64% -
 
Automobiles - - - 1.20%
 
Auto Parts - - - 0.44%
 
Media - 1.26% - -
 
Media - - 1.26% -
 
Entertainment - - - 0.39%
 
Radio & TV Broadcasters - - - 0.38%
 
Publishing - - - 0.37%
 
Media Agencies - - - 0.12%
 
Travel & Leisure - 0.96% - -
 
Travel & Leisure - - 0.96% -
 
Hotels & Motels - - - 0.32%
 
Airlines - - - 0.31%
 
Travel & Tourism - - - 0.25%
 
Restaurants & Bars - - - 0.07%
 
Casinos & Gambling - - - 0.01%
 
Technology 8.94% - - -
 
Technology - 8.94% - -
 
Software & Computer Services - - 4.95% -
 
Software - - - 2.43%
 
Consumer Digital Services - - - 1.59%
 
Computer Services - - - 0.93%
 
Technology Hardware & Equipment - - 3.99% -
 
Semiconductors - - - 1.84%
 
Computer Hardware - - - 1.39%
 
Electronic Components - - - 0.40%
 
Production Technology Equipment - - - 0.31%
 
Electronic Office Equipment - - - 0.05%
 
Health Care 7.74% - - -
 
Health Care - 7.74% - -
 
Pharmaceuticals & Biotechnology - - 5.27% -
 
Pharmaceuticals - - - 4.72%
 
Biotechnology - - - 0.55%
 
Health Care Providers - - 1.60% -
 
Health Care Management Services - - - 1.19%
 
Health Care Services - - - 0.34%
 
Health Care Facilities - - - 0.08%
 
Medical Equipment & Services - - 0.87% -
 
Medical Supplies - - - 0.40%
 
Medical Equipment - - - 0.35%
 
Medical Services - - - 0.12%
 
Consumer Staples 4.03% - - -
 
Food, Beverage & Tobacco - 2.11% - -
 
Food Producers - - 1.15% -
 
Food Products - - - 1.04%
 
Farming, Fishing, Ranching & Plantations - - - 0.11%
 
Beverages - - 0.66% -
 
Brewers - - - 0.32%
 
Soft Drinks - - - 0.31%
 
Distillers & Vintners - - - 0.04%
 
Tobacco - - 0.30% -
 
Tobacco - - - 0.30%
 
Personal Care, Drug & Grocery Stores - 1.91% - -
 
Personal Care, Drug & Grocery Stores - - 1.91% -
 
Personal Products - - - 0.62%
 
Nondurable Household Products - - - 0.62%
 
Food Retailers & Wholesalers - - - 0.57%
 
Drug Retailers - - - 0.10%
 
Basic Materials 3.97% - - -
 
Basic Resources - 2.03% - -
 
Industrial Metals & Mining - - 1.33% -
 
General Mining - - - 0.76%
 
Iron & Steel - - - 0.30%
 
Copper - - - 0.24%
 
Nonferrous Metals - - - 0.04%
 
Precious Metals & Mining - - 0.40% -
 
Gold Mining - - - 0.28%
 
Platinum & Precious Metals - - - 0.12%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.29% -
 
Paper - - - 0.29%
 
Chemicals - 1.94% - -
 
Chemicals - - 1.94% -
 
Chemicals: Diversified - - - 1.00%
 
Specialty Chemicals - - - 0.82%
 
Fertilizers - - - 0.12%
 
Energy 3.54% - - -
 
Energy - 3.54% - -
 
Non-Renewable Energy - - 3.44% -
 
Integrated Oil & Gas - - - 1.72%
 
Oil: Crude Producers - - - 0.78%
 
Pipelines - - - 0.32%
 
Oil Equipment & Services - - - 0.27%
 
Oil Refining and Marketing - - - 0.24%
 
Offshore Drilling & Other Services - - - 0.07%
 
Coal - - - 0.03%
 
Renewable Energy - - 0.11% -
 
Renewable Energy Equipment - - - 0.11%
 
Telecommunications 2.65% - - -
 
Telecommunications - 2.65% - -
 
Telecommunications Service Providers - - 1.85% -
 
Telecommunications Services - - - 1.41%
 
Cable Television Services - - - 0.44%
 
Telecommunications Equipment - - 0.80% -
 
Telecommunications Equipment - - - 0.80%
 
Real Estate 1.69% - - -
 
Real Estate - 1.69% - -
 
Real Estate Investment Trusts - - 0.92% -
 
Infrastructure REITs - - - 0.29%
 
Diversified REITs - - - 0.22%
 
Other Specialty REITs - - - 0.13%
 
Timber REITs - - - 0.10%
 
Residential REITs - - - 0.08%
 
Retail REITs - - - 0.05%
 
Office REITs - - - 0.05%
 
Real Estate Investment & Services - - 0.77% -
 
Real Estate Holding and Development - - - 0.77%
 
Utilities 1.48% - - -
 
Utilities - 1.48% - -
 
Electricity - - 0.94% -
 
Conventional Electricity - - - 0.73%
 
Alternative Electricity - - - 0.21%
 
Gas, Water & Multi-utilities - - 0.44% -
 
Multi-Utilities - - - 0.33%
 
Water - - - 0.11%
 
Gas Distribution - - - 0.00%
 
Waste & Disposal Services - - 0.11% -
 
Waste & Disposal Services - - - 0.11%
 
Cash and Equivalents 1.01% - - -
 
Alternative Trading Strategies 0.98% - - -
 
Alternative Trading Strategies - 0.98% - -
 
Alternative Trading Strategies - - 0.98% -
 
Alternative Trading Strategies - - - 0.98%
 
Commodities 0.02% - - -
 
Commodities - 0.02% - -
 
Commodities - - 0.02% -
 
Commodities - - - 0.02%

Regional Allocation

pie chart
  North America 39.77%
  Developed Europe - Excl UK 14.63%
  Non-Classified 12.13%
  Japan 9.31%
  UK 8.52%
  Emerging Asia 6.52%
  Developed Asia 3.35%
  Cash and Equivalents 1.57%
  Australia & New Zealand 1.19%
  Other Regions 3.01%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 88.90%
  US Dollar 9.30%
  Cash 1.01%
  Pound Sterling 0.22%
  Euro 0.12%
  Rand 0.09%
  Other Currencies 0.38%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 39.77% -
 
United States - 38.71%
 
Canada - 1.06%
 
Developed Europe - Excl UK 14.63% -
 
Denmark - 2.70%
 
Ireland - 2.34%
 
Switzerland - 1.92%
 
Germany - 1.87%
 
France - 1.76%
 
Netherlands - 1.23%
 
Spain - 0.63%
 
Norway - 0.46%
 
Belgium - 0.45%
 
Austria - 0.29%
 
Finland - 0.28%
 
Luxembourg - 0.27%
 
Sweden - 0.24%
 
Italy - 0.14%
 
Portugal - 0.06%
 
Non-Classified 12.13% -
 
Japan 9.31% -
 
Japan - 9.31%
 
UK 8.52% -
 
United Kingdom - 8.52%
 
Guernsey - 0.00%
 
Emerging Asia 6.52% -
 
South Korea - 2.25%
 
China - 1.68%
 
Taiwan - 0.99%
 
India - 0.78%
 
Thailand - 0.24%
 
Philippines - 0.24%
 
Indonesia - 0.23%
 
Pakistan - 0.07%
 
Malaysia - 0.04%
 
Developed Asia 3.35% -
 
Hong Kong - 2.89%
 
Singapore - 0.46%
 
Cash and Equivalents 1.57% -
 
Australia & New Zealand 1.19% -
 
Australia - 1.18%
 
New Zealand - 0.02%
 
South & Central America 1.14% -
 
Mexico - 0.57%
 
Brazil - 0.52%
 
Peru - 0.02%
 
Colombia - 0.02%
 
Chile - 0.02%
 
Panama - 0.00%
 
Middle East & Africa 0.83% -
 
South Africa - 0.59%
 
Israel - 0.20%
 
Kenya - 0.03%
 
Zambia - 0.01%
 
Saudi Arabia - 0.00%
 
Emerging Europe 0.68% -
 
Russian Federation - 0.53%
 
Turkey - 0.11%
 
Czech Republic - 0.04%
 
Property 0.35% -

Breakdown By Market Cap (%)

Mega
 
 
39.45%
Large
 
 
12.59%
Medium
 
 
13.81%
Small
 
 
3.98%
Micro
 
 
0.65%
Non-Classified
 
 
18.42%
Bonds
 
 
10.10%
Cash
 
 
1.01%

Top 10 Holdings

Stock % Weight Sector Country
1 BERKSHIRE HATHAWAY INC 1.16% Investment Banking & Brokerage Services United States
2 SAMSUNG ELECTRONICS CO 1.15% Technology Hardware & Equipment South Korea
3 UNITED STATES TREASURY 0.000000% 03/06/2021 1.03% Bonds United States
4 UNITED STATES TREASURY 0.000000% 22/04/2021 1.03% Bonds United States
5 UNITED STATES TREASURY 0.000000% 17/06/2021 1.02% Bonds United States
6 MICROSOFT CORP 1.02% Software & Computer Services United States
7 UNITED STATES TREASURY 0.000000% 20/05/2021 1.02% Bonds United States
8 UNITED STATES TREASURY 0.000000% 27/05/2021 1.02% Bonds United States
9 UNITED STATES TREASURY 0.000000% 26/08/2021 1.01% Bonds United States
10 JPMORGAN CHASE & CO 1.00% Banks United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.13% 8.81% - - - - - - 8.94%
Telecommunications 0.10% 2.55% - - - - - - 2.65%
Financials 1.39% 17.94% - - - - 0.06% - 19.39%
Real Estate 0.04% 1.30% - - - 0.35% - - 1.69%
Consumer Discretionary 2.34% 7.02% - - - - - - 9.36%
Consumer Staples 1.72% 2.31% - - - - - - 4.03%
Energy 0.49% 3.05% - - - - - - 3.54%
Utilities 0.19% 1.29% - - - - - - 1.48%
Health Care 0.94% 6.81% - - - - - - 7.74%
Industrials 0.62% 12.75% - - - - - - 13.36%
Basic Materials 0.38% 3.58% - - - - - - 3.97%
Cash and Equivalents - - - - - - - 1.01% 1.01%
Bonds - - 0.19% 9.91% - - - - 10.10%
Non-Classified - 0.09% - - - - 12.65% - 12.74%

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 B02SR55
Mex Code PUNUM
Isin Code GB00B02SR554
Citi Code ILF4

Fund Charges

Annual Management Charge (AMC) 1.25%
Further Costs 0.00%
Yearly Total 1.25%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Flexible Investment Sector over any five-year period.
Benchmark IA Flexible Investment Sector
ABI Sector Flexible Investment

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.