PIA Risk Managed Passive 1 Ser B
Performance
Discrete performance - to last month end
| 31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
31/07/24 to 31/07/25 |
|
|---|---|---|---|---|---|
| Fund | 4.9% | -9.4% | -1.6% | 6.9% | 5.1% |
| Sector | 3.3% | -3.8% | -3.1% | 6.2% | 4.6% |
| Rank | 53/156 | 122/165 | 61/166 | 67/174 | 68/175 |
| Quartile | 2 | 3 | 2 | 2 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/25 |
5 Years to 31/07/25 |
10 Years to 31/07/25 |
||
| Fund | 3.4% | 1.0% | 2.9% | |
| Sector | 2.5% | 1.4% | 2.9% | |
| Rank | 53/165 | 84/155 | 30/63 | |
| Quartile | 2 | 3 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 0.50 |
| L&G FREEHOLD PROPERTY | 0.33 |
| HSBC HOLDINGS | 0.27 |
| SHELL | 0.26 |
| ASTRAZENECA | 0.26 |
| UNILEVER | 0.19 |
| DZ BANK AG DEUTSCHE ZENTRAL GENOSS 0% 10/07/2025 | 0.16 |
| MUFG BANK LTD (LONDON BRANCH) 0% 07/07/2025 | 0.16 |
| SUMITOMO MITSUI TRUST BANK LTD 0% 01/07/2025 | 0.16 |
| CHESHAM FIN LTD / CHESHAM FIN LLC 0% 01/07/2025 | 0.16 |
| Total | 2.45 |
Fund Aims
Objective: The investment strategy of the fund is to buy units in the WS Prudential Risk Managed Passive 1 Fund - the underlying fund.
Underlying Fund Objective: The 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 9%. 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 9%. Capital invested is at risk. The fund aims to achieve its objective through investing at least 70% in passive collective investment schemes (e.g. funds which track an index). The Portfolio Manager constructs an actively managed portfolio to provide diversified, indirect exposure to global fixed income and variable rate assets, cash (including money market funds and near cash), equities and/or immovable property. The fund will have a high exposure to lower risk assets such as fixed income assets and cash.
Fund Manager
The M&G Treasury and Investment Office (T&IO) is our team of in-house investment strategists and ‘manager of managers’ for Pru in the UK. They are independent of the various underlying asset management businesses within M&G plc and carry out various stages of the investment process including setting the strategic asset allocation, manager selection and oversight and portfolio management*. The team includes investment professionals with expertise in capital market research, investment strategy design, liability management, derivatives and portfolio management*. *M&G Investment Management Ltd are the investment managers for the WS Prudential Risk Managed Active and Risk Managed Passive Funds. They make the relevant adjustments to the portfolios based on T&IO recommendations.
Fund Overview
| Bid (20/08/2025) | 2.03 |
| Offer (20/08/2025) | 2.14 |
| Fund size (30/06/2025) | £9.13m |
| Underlying Fund size | £260.39m |
| Number of holdings | 23562 |
| Launch date | 28/10/2005 |
Fund Charges
| Annual Management Charge (AMC) | 1.18% |
| Further Costs | 0.06% |
| Yearly Total | 1.24% |
Asset Allocation
| International Bonds | 48.74% | |
| International Equities | 12.05% | |
| UK Corporate Bonds | 11.80% | |
| Alternative Trading Strategies | 10.56% | |
| UK Equities | 4.28% | |
| Cash and Equivalents | 3.66% | |
| Property | 1.06% | |
| Investment Trusts | 0.23% | |
| Money Market | 0.21% | |
| Other Assets | 7.41% |
Commentary
The following commentary is for the underlying OEIC which the fund invests into:
July 2025 Investment Summary
A positive month for the Passive range with returns ranging from +0.91% for Passive 1 to +2.56% for Passive 5.
*P Acc share class with data sourced from FE analytics as at 31 July 2025.
July 2025 was a positive month for markets and the portfolios, in absolute terms.
Most major equity markets saw gains, driven by tech strength, easing geopolitical tensions and progress on trade talks. Asian equities, specifically Taiwan and Korea outperformed, continuing to benefit from their involvement in generative AI chip manufacture and distribution. The FTSE 100 returned +4.3%, with the UK market more insulated from tariff impacts with Consumer Staples, Healthcare and Financials proving to be some of the larger contributors. The Stoxx 600 edged up +1.0%, underperforming regional peers in the wake of an EU-US trade deal announcement that European investors have found disappointing. Top performing sectors were Financials and Healthcare, while Tech lagged. The S&P 500 increased +2.2% and Nasdaq climbed +3.7%, with technology stocks at fresh record highs. At a sector level, Information Technology was the driving force of returns, while Consumer Discretionary, Healthcare and Energy lagged.
Several trade deals were announced through the month, with the European Union, Japan and South Korea all settling on 15% tariff rates but with ambitious obligations to purchase an increased amount of US goods. An escalation in tensions was especially prominent with Brazil, Switzerland, India, Mexico and Canada, who are yet to agree to trade deals and face significantly increased effective tariff rates as a result.
The Federal Reserve (FED) held interest rates for the fifth meeting in a row in July, as Fed chair Jay Powell noted that there had been a “moderation in growth” in the first half of 2025 driven by cooling consumer spending. However, it was the Fed’s independence being called into question that fuelled a sell-off in rates markets, with President Trump increasing his threats to remove Powell as Chair, with yields only abating on Trump retreating on his stance. The European Central Bank (ECB) also delivered a hawkish hold, potentially signalling an end to their rate cutting cycle.
Focus at the start of the month had been on Government Policy, with the signing of the One Big Beautiful Bill Act enacting a number of tax cuts and calling the US government’s deficit into question. There was a similar focus on the fiscal balance sheet in the UK; after a government U-turn on welfare reforms leaves Chancellor Rachel Reeves in a challenging position to fund spending programmes while remaining true to her own “fiscal rules”.
With earnings season in full swing, investor attention is focused on corporate results and forward guidance. US Tech and the Magnificent 7 names have continued to lead on growth and revenue, providing strong outperformance against downbeat analyst forecasts. European earnings also reported stronger than expected, though tariff impacted sectors underperformed. While trade tensions continue to simmer in the background, markets appear to be taking comfort in resilient earnings and signs that trade negotiation may be prevailing over escalation. The coming weeks will be key in assessing whether this optimism is justified.
WS Prudential Risk Managed Passive - Tactical asset allocation activity
The Fund Managers maintain a small equity overweight of +1.75%, made up of a basket of US, Europe, Asia and GEM equity. The Fund Managers hold overweight positions in US Treasuries, UK Gilts and Real Estate (REITs), with underweights in US and European Corporate bonds.
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 the fund's currency of denomination 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.
Asset Allocation
| International Bonds | 48.74% | |
| International Equities | 12.05% | |
| UK Corporate Bonds | 11.80% | |
| Alternative Trading Strategies | 10.56% | |
| UK Equities | 4.28% | |
| Cash and Equivalents | 3.66% | |
| Property | 1.06% | |
| Investment Trusts | 0.23% | |
| Money Market | 0.21% | |
| Other Assets | 7.41% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 60.53% | - | - | - | |
| Alternative Trading Strategies | 10.56% | - | - | - | |
| Alternative Trading Strategies | - | 10.56% | - | - | |
| Alternative Trading Strategies | - | - | 10.56% | - | |
| Alternative Trading Strategies | - | - | - | 10.56% | |
| Non-Classified | 7.49% | - | - | - | |
| Non-Classified | - | 0.04% | - | - | |
| Non-Classified | - | - | 0.04% | - | |
| Non-Classified | - | - | - | 0.04% | |
| Cash and Equivalents | 3.88% | - | - | - | |
| Financials | 3.58% | - | - | - | |
| Banks | - | 2.01% | - | - | |
| Banks | - | - | 2.01% | - | |
| Banks | - | - | - | 2.01% | |
| Financial Services | - | 0.96% | - | - | |
| Investment Banking & Brokerage Services | - | - | 0.55% | - | |
| Asset Managers & Custodians | - | - | - | 0.22% | |
| Investment Services | - | - | - | 0.21% | |
| Diversified Financial Services | - | - | - | 0.11% | |
| Equity Investment Instruments | - | - | 0.23% | - | |
| Equity Investment Instruments | - | - | - | 0.23% | |
| Finance & Credit Services | - | - | 0.18% | - | |
| Financial Data & Systems | - | - | - | 0.11% | |
| Consumer Lending | - | - | - | 0.06% | |
| Mortgage Finance | - | - | - | 0.01% | |
| Mortgage Real Estate Investment Trusts | - | - | 0.00% | - | |
| Mortgage REITs: Residential | - | - | - | 0.00% | |
| Insurance | - | 0.61% | - | - | |
| Life Insurance | - | - | 0.32% | - | |
| Life Insurance | - | - | - | 0.32% | |
| Non-life Insurance | - | - | 0.29% | - | |
| Property & Casualty Insurance | - | - | - | 0.12% | |
| Full Line Insurance | - | - | - | 0.11% | |
| Reinsurance | - | - | - | 0.04% | |
| Insurance Brokers | - | - | - | 0.02% | |
| Technology | 2.70% | - | - | - | |
| Technology | - | 2.70% | - | - | |
| Technology Hardware & Equipment | - | - | 1.43% | - | |
| Semiconductors | - | - | - | 0.94% | |
| Computer Hardware | - | - | - | 0.22% | |
| Production Technology Equipment | - | - | - | 0.13% | |
| Electronic Components | - | - | - | 0.12% | |
| Electronic Office Equipment | - | - | - | 0.01% | |
| Software & Computer Services | - | - | 1.26% | - | |
| Consumer Digital Services | - | - | - | 0.57% | |
| Software | - | - | - | 0.41% | |
| Computer Services | - | - | - | 0.29% | |
| Industrials | 2.28% | - | - | - | |
| Industrial Goods & Services | - | 2.04% | - | - | |
| Aerospace & Defence | - | - | 0.48% | - | |
| Aerospace | - | - | - | 0.30% | |
| Defense | - | - | - | 0.18% | |
| Industrial Transportation | - | - | 0.45% | - | |
| Railroads | - | - | - | 0.19% | |
| Transportation Services | - | - | - | 0.10% | |
| Marine Transportation | - | - | - | 0.06% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.04% | |
| Delivery Services | - | - | - | 0.03% | |
| Commercial Vehicles & Parts | - | - | - | 0.02% | |
| Railroad Equipment | - | - | - | 0.01% | |
| Trucking | - | - | - | 0.00% | |
| Industrial Support Services | - | - | 0.35% | - | |
| Professional Business Support Services | - | - | - | 0.15% | |
| Transaction Processing Services | - | - | - | 0.09% | |
| Industrial Suppliers | - | - | - | 0.06% | |
| Business Training & Employment Agencies | - | - | - | 0.03% | |
| Security Services | - | - | - | 0.01% | |
| Forms & Bulk Printing Services | - | - | - | 0.00% | |
| Electronic & Electrical Equipment | - | - | 0.29% | - | |
| Electrical Components | - | - | - | 0.16% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.07% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.04% | |
| Electronic Equipment: Other | - | - | - | 0.01% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.01% | |
| General Industrials | - | - | 0.26% | - | |
| Diversified Industrials | - | - | - | 0.21% | |
| Containers & Packaging | - | - | - | 0.03% | |
| Plastics | - | - | - | 0.01% | |
| Paints & Coatings | - | - | - | 0.01% | |
| Glass | - | - | - | 0.00% | |
| Industrial Engineering | - | - | 0.21% | - | |
| Machinery: Industrial | - | - | - | 0.11% | |
| Machinery: Construction & Handling | - | - | - | 0.06% | |
| Machinery: Tools | - | - | - | 0.02% | |
| Machinery: Engines | - | - | - | 0.01% | |
| Machinery: Specialty | - | - | - | 0.01% | |
| Machinery: Agricultural | - | - | - | 0.01% | |
| Construction & Materials | - | 0.25% | - | - | |
| Construction & Materials | - | - | 0.25% | - | |
| Cement | - | - | - | 0.06% | |
| Construction | - | - | - | 0.06% | |
| Building Materials: Other | - | - | - | 0.06% | |
| Engineering & Contracting Services | - | - | - | 0.03% | |
| Building: Climate Control | - | - | - | 0.03% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.01% | |
| Consumer Discretionary | 1.74% | - | - | - | |
| Retail | - | 0.51% | - | - | |
| Retailers | - | - | 0.51% | - | |
| Diversified Retailers | - | - | - | 0.36% | |
| Apparel Retailers | - | - | - | 0.07% | |
| Specialty Retailers | - | - | - | 0.05% | |
| Home Improvement Retailers | - | - | - | 0.04% | |
| Consumer Products & Services | - | 0.50% | - | - | |
| Personal Goods | - | - | 0.17% | - | |
| Clothing & Accessories | - | - | - | 0.08% | |
| Luxury Items | - | - | - | 0.04% | |
| Cosmetics | - | - | - | 0.02% | |
| Footwear | - | - | - | 0.02% | |
| Leisure Goods | - | - | 0.14% | - | |
| Electronic Entertainment | - | - | - | 0.06% | |
| Consumer Electronics | - | - | - | 0.04% | |
| Toys | - | - | - | 0.02% | |
| Recreational Vehicles & Boats | - | - | - | 0.01% | |
| Recreational Products | - | - | - | 0.01% | |
| Photography | - | - | - | 0.00% | |
| Consumer Services | - | - | 0.10% | - | |
| Vending & Catering Service | - | - | - | 0.07% | |
| Consumer Services: Misc. | - | - | - | 0.02% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Education Services | - | - | - | 0.00% | |
| Household Goods & Home Construction | - | - | 0.09% | - | |
| Home Construction | - | - | - | 0.06% | |
| Household Appliance | - | - | - | 0.02% | |
| Household Equipment & Products | - | - | - | 0.00% | |
| Household Furnishings | - | - | - | 0.00% | |
| Automobiles & Parts | - | 0.31% | - | - | |
| Automobiles & Parts | - | - | 0.31% | - | |
| Automobiles | - | - | - | 0.24% | |
| Auto Parts | - | - | - | 0.06% | |
| Tires | - | - | - | 0.02% | |
| Auto Services | - | - | - | 0.00% | |
| Travel & Leisure | - | 0.29% | - | - | |
| Travel & Leisure | - | - | 0.29% | - | |
| Hotels & Motels | - | - | - | 0.07% | |
| Airlines | - | - | - | 0.06% | |
| Restaurants & Bars | - | - | - | 0.06% | |
| Casinos & Gambling | - | - | - | 0.05% | |
| Travel & Tourism | - | - | - | 0.04% | |
| Recreational Services | - | - | - | 0.01% | |
| Media | - | 0.13% | - | - | |
| Media | - | - | 0.13% | - | |
| Entertainment | - | - | - | 0.05% | |
| Media Agencies | - | - | - | 0.04% | |
| Radio & TV Broadcasters | - | - | - | 0.02% | |
| Publishing | - | - | - | 0.01% | |
| Real Estate | 1.30% | - | - | - | |
| Real Estate | - | 1.30% | - | - | |
| Real Estate Investment Trusts | - | - | 0.97% | - | |
| Diversified REITs | - | - | - | 0.23% | |
| Industrial REITs | - | - | - | 0.18% | |
| Retail REITs | - | - | - | 0.12% | |
| Residential REITs | - | - | - | 0.09% | |
| Office REITs | - | - | - | 0.09% | |
| Health Care REITs | - | - | - | 0.08% | |
| Other Specialty REITs | - | - | - | 0.07% | |
| Infrastructure REITs | - | - | - | 0.06% | |
| Storage REITs | - | - | - | 0.05% | |
| Hotel & Lodging REITs | - | - | - | 0.01% | |
| Timber REITs | - | - | - | 0.00% | |
| Real Estate Investment & Services | - | - | 0.32% | - | |
| Real Estate Holding and Development | - | - | - | 0.28% | |
| Real Estate Services | - | - | - | 0.04% | |
| Health Care | 1.21% | - | - | - | |
| Health Care | - | 1.21% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 0.92% | - | |
| Pharmaceuticals | - | - | - | 0.80% | |
| Biotechnology | - | - | - | 0.12% | |
| Medical Equipment & Services | - | - | 0.20% | - | |
| Medical Equipment | - | - | - | 0.13% | |
| Medical Supplies | - | - | - | 0.06% | |
| Medical Services | - | - | - | 0.01% | |
| Health Care Providers | - | - | 0.09% | - | |
| Health Care Facilities | - | - | - | 0.04% | |
| Health Care Management Services | - | - | - | 0.03% | |
| Health Care Services | - | - | - | 0.01% | |
| Consumer Staples | 1.19% | - | - | - | |
| Food, Beverage & Tobacco | - | 0.67% | - | - | |
| Beverages | - | - | 0.27% | - | |
| Distillers & Vintners | - | - | - | 0.11% | |
| Soft Drinks | - | - | - | 0.10% | |
| Brewers | - | - | - | 0.06% | |
| Tobacco | - | - | 0.20% | - | |
| Tobacco | - | - | - | 0.20% | |
| Food Producers | - | - | 0.19% | - | |
| Food Products | - | - | - | 0.17% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
| Fruit & Grain Processing | - | - | - | 0.01% | |
| Sugar | - | - | - | 0.00% | |
| Personal Care, Drug & Grocery Stores | - | 0.53% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.53% | - | |
| Personal Products | - | - | - | 0.24% | |
| Food Retailers & Wholesalers | - | - | - | 0.20% | |
| Nondurable Household Products | - | - | - | 0.06% | |
| Drug Retailers | - | - | - | 0.02% | |
| Utilities | 0.93% | - | - | - | |
| Utilities | - | 0.93% | - | - | |
| Electricity | - | - | 0.54% | - | |
| Conventional Electricity | - | - | - | 0.51% | |
| Alternative Electricity | - | - | - | 0.03% | |
| Gas, Water & Multi-utilities | - | - | 0.37% | - | |
| Multi-Utilities | - | - | - | 0.25% | |
| Water | - | - | - | 0.06% | |
| Gas Distribution | - | - | - | 0.06% | |
| Waste & Disposal Services | - | - | 0.01% | - | |
| Waste & Disposal Services | - | - | - | 0.01% | |
| Energy | 0.91% | - | - | - | |
| Energy | - | 0.91% | - | - | |
| Non-Renewable Energy | - | - | 0.88% | - | |
| Integrated Oil & Gas | - | - | - | 0.48% | |
| Pipelines | - | - | - | 0.18% | |
| Oil Refining and Marketing | - | - | - | 0.09% | |
| Oil: Crude Producers | - | - | - | 0.07% | |
| Coal | - | - | - | 0.03% | |
| Oil Equipment & Services | - | - | - | 0.02% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.04% | - | |
| Renewable Energy Equipment | - | - | - | 0.03% | |
| Alternative Fuels | - | - | - | 0.00% | |
| Basic Materials | 0.77% | - | - | - | |
| Basic Resources | - | 0.58% | - | - | |
| Industrial Metals & Mining | - | - | 0.40% | - | |
| General Mining | - | - | - | 0.29% | |
| Iron & Steel | - | - | - | 0.06% | |
| Copper | - | - | - | 0.02% | |
| Nonferrous Metals | - | - | - | 0.01% | |
| Metal Fabricating | - | - | - | 0.01% | |
| Aluminum | - | - | - | 0.01% | |
| Precious Metals & Mining | - | - | 0.16% | - | |
| Gold Mining | - | - | - | 0.14% | |
| Platinum & Precious Metals | - | - | - | 0.02% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.02% | - | |
| Paper | - | - | - | 0.01% | |
| Diversified Materials | - | - | - | 0.00% | |
| Forestry | - | - | - | 0.00% | |
| Textile Products | - | - | - | 0.00% | |
| Chemicals | - | 0.19% | - | - | |
| Chemicals | - | - | 0.19% | - | |
| Chemicals: Diversified | - | - | - | 0.11% | |
| Specialty Chemicals | - | - | - | 0.06% | |
| Fertilizers | - | - | - | 0.01% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.01% | |
| Telecommunications | 0.59% | - | - | - | |
| Telecommunications | - | 0.59% | - | - | |
| Telecommunications Service Providers | - | - | 0.38% | - | |
| Telecommunications Services | - | - | - | 0.36% | |
| Cable Television Services | - | - | - | 0.02% | |
| Telecommunications Equipment | - | - | 0.21% | - | |
| Telecommunications Equipment | - | - | - | 0.21% | |
| Property | 0.33% | - | - | - | |
| Property | - | 0.33% | - | - | |
| Property | - | - | 0.33% | - | |
| Property | - | - | - | 0.33% | |
Regional Allocation
| North America | 21.32% | |
| Non-Classified | 19.75% | |
| Developed Europe - Excl UK | 19.08% | |
| UK | 16.07% | |
| Emerging Asia | 9.54% | |
| Cash and Equivalents | 3.88% | |
| Japan | 2.19% | |
| Middle East & Africa | 1.86% | |
| South & Central America | 1.66% | |
| Other Regions | 4.66% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 35.87% | |
| Pound Sterling | 26.40% | |
| US Dollar | 18.53% | |
| Euro | 9.69% | |
| Cash | 3.60% | |
| Malaysian Ringgit | 0.76% | |
| Other Currencies | 5.15% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 21.32% | - | |
United States
|
- | 19.63% | |
Canada
|
- | 1.69% | |
Bermuda
|
- | 0.00% | |
| Non-Classified | 19.75% | - | |
| Developed Europe - Excl UK | 19.08% | - | |
France
|
- | 4.88% | |
Germany
|
- | 3.17% | |
Netherlands
|
- | 3.01% | |
Luxembourg
|
- | 2.12% | |
Spain
|
- | 1.10% | |
Switzerland
|
- | 0.89% | |
Italy
|
- | 0.78% | |
Sweden
|
- | 0.65% | |
Ireland
|
- | 0.62% | |
Denmark
|
- | 0.49% | |
Finland
|
- | 0.43% | |
Norway
|
- | 0.36% | |
Belgium
|
- | 0.33% | |
Austria
|
- | 0.21% | |
Portugal
|
- | 0.03% | |
Liechtenstein
|
- | 0.01% | |
Iceland
|
- | 0.00% | |
| UK | 16.07% | - | |
United Kingdom
|
- | 16.07% | |
Jersey
|
- | 0.01% | |
| Emerging Asia | 9.54% | - | |
India
|
- | 1.64% | |
China
|
- | 1.61% | |
South Korea
|
- | 1.39% | |
Indonesia
|
- | 1.06% | |
Philippines
|
- | 0.98% | |
Taiwan
|
- | 0.97% | |
Malaysia
|
- | 0.90% | |
Thailand
|
- | 0.64% | |
Uzbekistan
|
- | 0.09% | |
Tajikistan
|
- | 0.05% | |
Kazakhstan
|
- | 0.04% | |
Papua New Guinea
|
- | 0.04% | |
Viet Nam
|
- | 0.03% | |
Pakistan
|
- | 0.03% | |
Georgia
|
- | 0.03% | |
Azerbaijan
|
- | 0.02% | |
Sri Lanka
|
- | 0.02% | |
Mongolia
|
- | 0.01% | |
Kyrgyzstan
|
- | 0.01% | |
Armenia
|
- | 0.01% | |
Macau
|
- | 0.00% | |
| Cash and Equivalents | 3.88% | - | |
| Japan | 2.19% | - | |
Japan
|
- | 2.19% | |
| Middle East & Africa | 1.86% | - | |
South Africa
|
- | 0.67% | |
United Arab Emirates
|
- | 0.22% | |
Saudi Arabia
|
- | 0.20% | |
Cote D'Ivoire
|
- | 0.15% | |
Qatar
|
- | 0.09% | |
Nigeria
|
- | 0.07% | |
Israel
|
- | 0.07% | |
Iraq
|
- | 0.05% | |
Egypt
|
- | 0.05% | |
Benin
|
- | 0.05% | |
Ghana
|
- | 0.04% | |
Zambia
|
- | 0.04% | |
Oman
|
- | 0.03% | |
Kuwait
|
- | 0.02% | |
Morocco
|
- | 0.02% | |
Rwanda
|
- | 0.01% | |
Kenya
|
- | 0.01% | |
Angola
|
- | 0.01% | |
Mozambique
|
- | 0.01% | |
Cameroon
|
- | 0.01% | |
Gabon
|
- | 0.01% | |
Jordan
|
- | 0.01% | |
Togo
|
- | 0.00% | |
Senegal
|
- | 0.00% | |
Ethiopia
|
- | 0.00% | |
Lebanon
|
- | 0.00% | |
Tunisia
|
- | 0.00% | |
| South & Central America | 1.66% | - | |
Mexico
|
- | 0.52% | |
Peru
|
- | 0.19% | |
Brazil
|
- | 0.17% | |
Colombia
|
- | 0.15% | |
Chile
|
- | 0.11% | |
Venezuela
|
- | 0.11% | |
Argentina
|
- | 0.11% | |
Uruguay
|
- | 0.06% | |
Dominican Republic
|
- | 0.05% | |
Paraguay
|
- | 0.05% | |
Honduras
|
- | 0.04% | |
Jamaica
|
- | 0.02% | |
Guatemala
|
- | 0.01% | |
Barbados
|
- | 0.01% | |
Suriname
|
- | 0.01% | |
Trinidad and Tobago
|
- | 0.01% | |
Ecuador
|
- | 0.01% | |
El Salvador
|
- | 0.01% | |
Virgin Islands (British)
|
- | 0.01% | |
Costa Rica
|
- | 0.01% | |
Cayman Islands
|
- | 0.00% | |
Bolivia
|
- | 0.00% | |
| Developed Asia | 1.50% | - | |
Hong Kong
|
- | 0.77% | |
Singapore
|
- | 0.73% | |
| Australia & New Zealand | 1.43% | - | |
Australia
|
- | 1.37% | |
New Zealand
|
- | 0.05% | |
New Caledonia
|
- | 0.01% | |
| Property | 1.04% | - | |
| Emerging Europe | 0.69% | - | |
Poland
|
- | 0.14% | |
Turkey
|
- | 0.13% | |
Hungary
|
- | 0.11% | |
Romania
|
- | 0.10% | |
Greece
|
- | 0.05% | |
Ukraine
|
- | 0.05% | |
Czech Republic
|
- | 0.05% | |
Serbia
|
- | 0.03% | |
Bulgaria
|
- | 0.01% | |
Montenegro
|
- | 0.01% | |
Albania
|
- | 0.00% | |
Slovenia
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
8.81% |
| Large |
|
3.99% |
| Medium |
|
2.15% |
| Small |
|
0.39% |
| Micro |
|
0.08% |
| Non-Classified |
|
20.16% |
| Bonds |
|
60.53% |
| Cash |
|
3.88% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
28.33% |
| 5Yr - 10Yr Maturity |
|
16.40% |
| 10Yr - 15Yr Maturity |
|
5.44% |
| > 15Yr Maturity |
|
10.37% |
| Cash And Equivalents |
|
3.88% |
| Unknown Maturity |
|
7.42% |
| Other Asset Types |
|
28.17% |
Fixed Interest Quality Profile
| AAA |
|
6.58% |
| AA |
|
5.32% |
| A |
|
15.34% |
| BBB |
|
17.19% |
| Sub-Investment Grade |
|
1.58% |
| Unknown Quality |
|
14.53% |
| Cash and Equivalents |
|
3.88% |
| Other Asset Types |
|
35.59% |
Top 10 Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | BlackRock iShares Corporate Bond Index Class X | 26.06% | Managed Funds | Managed Funds |
| 2 | BlackRock (Dublin) iShares US Corporate Bond Index Flexible | 13.57% | Managed Funds | Managed Funds |
| 3 | M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc | 11.48% | Managed Funds | Managed Funds |
| 4 | BlackRock (Dublin) iShares ESG Screened Euro Corporate Bond Index Class Flexible Hedged | 9.55% | Managed Funds | Managed Funds |
| 5 | M&G (Lux) Asian Local Currency Bond Class ZI | 4.48% | Managed Funds | Managed Funds |
| 6 | BlackRock iShares UK Equity Index Class X | 4.33% | Managed Funds | Managed Funds |
| 7 | BlackRock iShares Pacific ex Japan Equity Index Class X | 2.37% | Managed Funds | Managed Funds |
| 8 | BlackRock iShares US Equity Index Class X | 2.19% | Managed Funds | Managed Funds |
| 9 | Legal & General European Index Trust C | 1.96% | Managed Funds | Managed Funds |
| 10 | M&G Emerging Markets Bond Class PP GBP | 1.77% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 0.50% | Technology Hardware & Equipment | Taiwan |
| 2 | L&G FREEHOLD PROPERTY | 0.33% | Property | Direct Property and REITs |
| 3 | HSBC HOLDINGS | 0.27% | Banks | United Kingdom |
| 4 | SHELL | 0.26% | Non-Renewable Energy | United Kingdom |
| 5 | ASTRAZENECA | 0.26% | Pharmaceuticals & Biotechnology | United Kingdom |
| 6 | UNILEVER | 0.19% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 7 | DZ BANK AG DEUTSCHE ZENTRAL GENOSS 0% 10/07/2025 | 0.16% | Non-Classified | Non-Classified |
| 8 | MUFG BANK LTD (LONDON BRANCH) 0% 07/07/2025 | 0.16% | Bonds | Japan |
| 9 | SUMITOMO MITSUI TRUST BANK LTD 0% 01/07/2025 | 0.16% | Non-Classified | Non-Classified |
| 10 | CHESHAM FIN LTD / CHESHAM FIN LLC 0% 01/07/2025 | 0.16% | Non-Classified | Non-Classified |
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 | B0MSS30 |
| Mex Code | SBMDEF |
| Isin Code | IE00B0MSS304 |
| Citi Code | TJ73 |
Fund Charges
| Annual Management Charge (AMC) | 1.18% |
| Further Costs | 0.06% |
| Yearly Total | 1.24% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to buy units in the WS Prudential Risk Managed Passive 1 Fund - the underlying fund. Underlying Fund Objective: The 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 9%. 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 9%. Capital invested is at risk. The fund aims to achieve its objective through investing at least 70% in passive collective investment schemes (e.g. funds which track an index). The Portfolio Manager constructs an actively managed portfolio to provide diversified, indirect exposure to global fixed income and variable rate assets, cash (including money market funds and near cash), equities and/or immovable property. The fund will have a high exposure to lower risk assets such as fixed income assets and cash. |
| Benchmark | IA Mixed Investment 0-35% shares |
| ABI Sector | Mixed Investment 0-35% Shares |
Ratings
| FE Crown |  |
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 the fund's currency of denomination 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.
The registered office of Prudential International is in Ireland at Fitzwilliam Court, Leeson Cl, Dublin 2, D02 TC95. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.