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

31/07/14
to
31/07/15
31/07/15
to
31/07/16
31/07/16
to
31/07/17
31/07/17
to
31/07/18
31/07/18
to
31/07/19
Fund 2.7% 14.4% 25.2% 7.9% 3.9%
Sector 9.1% 13.0% 17.2% 8.9% 8.4%
Rank 705/777 334/819 26/854 623/871 740/873
Quartile 4 2 1 3 4

Annualised performance

Annualised
3 Years to
31/07/19
5 Years to
31/07/19
10 Years to
31/07/19
Fund 12.0% 10.6% 9.8%
Sector 11.4% 11.3% 11.2%
Rank 319/854 475/777 456/550
Quartile 2 3 4

Top 10 Holdings

Stock % Weight
M&G (Lux) Pan European Select Class A EUR 10.61
M&G Episode Macro S-Hedged Net GBP 10.46
M&G Global Select Class A GBP 10.26
M&G North American Value Class A GBP 10.18
Invesco Markets Plc Invesco Financials S&P US Select Sector UCITS ETF - 9.86
M&G Japan Class A GBP 8.98
M&G Global Emerging Markets Class A GBP 8.91
M&G Asian Class A GBP 5.93
M&G Global Themes Class A GBP 5.00
M&G (Lux) Pan European Dividend Class C EUR 4.88
Total 85.08

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 11 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.

Craig Moran manager of the underlying fund for 3 years and 11 months

Photo of Craig Moran Craig Moran joined M&G in 2005 as a performance and risk analyst. He was appointed deputy fund manager of the M&G Managed Fund and the M&G Global Dynamic Allocation Fund in January 2011. Previously, he was fund manager assistant to the multi asset team for three years, and in 2010 became an investment analyst in that team. Craig has a bachelor of business from Queensland University of Technology and a masters in applied finance and investments from the Financial Services Institute of Australasia. He is a CFA charterholder.

Fund Overview

Bid (23/08/2019) 339.30
Offer (23/08/2019) 357.10
Fund size (31/07/2019) £49.60m
Underlying Fund size £829.08m
Number of holdings 39
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
  Cash and Equivalents -0.92%
  Other Assets 100.92%
Portfolio data accurate as at: 31/07/19

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.

Source of portfolio data: FundsLibrary. Source of performance data: Financial Express (FE). 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 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
  Cash and Equivalents -0.92%
  Other Assets 100.92%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Non-Classified 100.92% - - -
 
Non-Classified - 99.81% - -
 
Non-Classified - - 99.81% -
 
Non-Classified - - - 99.81%
 
Cash and Equivalents -0.92% - - -

Regional Allocation

pie chart
  Non-Classified 100.92%
  Cash and Equivalents -0.92%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 89.01%
  US Dollar 6.97%
  Cash 2.61%
  Rand 0.17%
  Rupiah 0.17%
  Brazilian Real 0.16%
  Other Currencies 0.90%

Regional Breakdown

Expand allCollapse all
Region Country
 
Non-Classified 100.92% -
 
Cash and Equivalents -0.92% -

Top 10 Holdings

Stock % Weight Sector Country
1 M&G (Lux) Pan European Select Class A EUR 10.61% Managed Funds Non-Classified
2 M&G Episode Macro S-Hedged Net GBP 10.46% Managed Funds Non-Classified
3 M&G Global Select Class A GBP 10.26% Managed Funds Non-Classified
4 M&G North American Value Class A GBP 10.18% Managed Funds Non-Classified
5 Invesco Markets Plc Invesco Financials S&P US Select Sector UCITS ETF - 9.86% Managed Funds Non-Classified
6 M&G Japan Class A GBP 8.98% Managed Funds Non-Classified
7 M&G Global Emerging Markets Class A GBP 8.91% Managed Funds Non-Classified
8 M&G Asian Class A GBP 5.93% Managed Funds Non-Classified
9 M&G Global Themes Class A GBP 5.00% Managed Funds Non-Classified
10 M&G (Lux) Pan European Dividend Class C EUR 4.88% Managed Funds Non-Classified

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Cash and Equivalents - - - - - - - -0.92% -0.92%
Non-Classified - - - - - - 100.92% - 100.92%

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.

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

Annual Management Charge (AMC) 1.25%
Further Costs 0.00%
Yearly Total 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
Sector ABI Global Equities

Ratings

FE Crown Crown Rating of 5

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.

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 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

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.

Source of performance data: Financial Express (FE). 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 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.