WS Prudential Risk Managed Active 1 Class P Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 28/02/21 to 28/02/22 |
28/02/22 to 28/02/23 |
28/02/23 to 28/02/24 |
28/02/24 to 28/02/25 |
28/02/25 to 28/02/26 |
|
|---|---|---|---|---|---|
| Fund | -1.3% | -4.6% | 3.0% | 7.6% | 9.2% |
| Benchmark | 0.0% | -5.8% | 4.1% | 6.7% | 9.0% |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 28/02/26 |
5 Years to 28/02/26 |
10 Years to 28/02/26 |
||
| Fund | 6.6% | 2.6% | 4.1% | |
| Benchmark | 6.6% | 2.7% | 3.4% | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| US 10YR NOTE (CBT)JUN26 | 1.50 |
| GBP FWD ASSET 17 FEB 2026 | 1.49 |
| LONG GILT FUTURE Jun26 | 1.47 |
| L&G FREEHOLD PROPERTY | 1.35 |
| S&P500 EMINI FUT Mar26 | 0.76 |
| EUR FWD ASSET 17 FEB 2026 | 0.61 |
| M&G EUROPEAN PROPERTY | 0.58 |
| EURO STOXX 50 Mar26 | 0.53 |
| US 5YR NOTE (CBT) Mar26 | 0.38 |
| GBP FWD ASSET 17 FEB 2026 | 0.38 |
| Total | 9.05 |
Fund Aims
The Sub-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. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.
Fund Manager
The M&G Life Investment Office (LIO) 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 LIO recommendations.
Fund Overview
| Mid (11/03/2026) | 122.10p |
| Historic yield | 0.72% |
| Fund size (31/01/2026) | £101.49m |
| Number of holdings | 12522 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.61% |
| Launch date | 15/11/2013 |
Asset Allocation
| International Bonds | 45.24% | |
| International Equities | 11.94% | |
| UK Corporate Bonds | 9.42% | |
| Commodities | 8.13% | |
| UK Equities | 3.78% | |
| Property | 3.70% | |
| Cash and Equivalents | 2.58% | |
| Investment Trusts | 1.68% | |
| UK Gilts | 1.49% | |
| Other Assets | 12.05% |
Commentary
February 2026 Investment Summary
A positive month for the Active range with returns ranging from 2.37% (Active 1) to 4.22% (Active 5).
*P Acc share class with data sourced from FE analytics as at 28 February 2026.
February brought sustained market volatility, but delivered solid portfolio returns.
Equity markets diverged as global policy shifts reshaped sentiment. The voiding of 2025 US duties, triggered President Trump to announce a new 10-15% global tariff for 150 days in response, pressuring emerging markets and putting existing tariff deals under threat. High-end manufacturing hubs such as South Korea and Taiwan remained focal, though the broader sector struggled as the AI-driven rally met valuation headwinds and disruption narratives. The FTSE 100 significantly outperformed, gaining +7.0% and surpassing 10,900, while the Stoxx 600 rose +3.9%, led by defensives. In contrast, the S&P 500 fell -0.8% and the Nasdaq dropped -3.3%, reflecting investor rotation away from various parts of disrupted technology, like software while investors exhibited some profit taking on AI and MAG 7 stocks, given stretched valuations and announcements CAPEX that were larger than anticipated.
In the US, the Supreme Court’s ruling against last year’s reciprocal tariffs prompted the administration to deploy a revised 10% global tariff with an ambition to move to 15%. Effective tariff levels remain broadly unchanged from 2025. The EU and UK are actively weighing responses.
US monetary policy turned more hawkish, with FOMC minutes revealing divisions over potential cuts versus hikes. Inflation eased to 2.4% (from 2.7%), yet Treasury yields stayed anchored as markets continued to price in 2 rate cuts by the Fed this year.
The Bank of England held rates at 3.75% by a narrow 5-4 vote, balancing easing inflation (3.0%, down from 3.4%) against deteriorating labour conditions with unemployment at 5.2%, its highest since early 2021.
Geopolitical risk escalated late in the month, as US-Iran relations deteriorated sharply. After nuclear talks failed to progress, the US and Israel launched coordinated strikes on Iranian military and nuclear-linked sites on 28 February. Iran retaliated with missile and drone attacks across Israel and several Gulf states, leading to regional airspace closures and elevated defence readiness. Investors have reacted by repositioning out of wining trades year-to-date and adding to laggards, while bond yields have risen sharply to levels seen at the start of the year, as the inflationary impact from higher oil prices could limit central banks’ abilities to cut interest rates. Markets remain attentive to evolving economic data, with volatility centred around key macro announcements, while geopolitical risks have grown. Diverging inflation paths and uneven growth are driving asymmetric central bank policies, while fiscal dynamics and liquidity conditions add complexity. This backdrop sets the stage for greater dispersion across assets and regions in the months ahead.
WS Prudential Risk Managed Passive - Tactical asset allocation activity
Following a sharp sell-off in some equity markets, we increased our equity overweight to 2.75%; adding to our Asian equity position and initiating a position in Japan. Our basket is now made up of US, Asia, Europe, Japan and GEM. We hold overweight positions in US Treasuries and UK Gilts with underweights in US and European Corporate bonds.
Important Information
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 ongoing charges, but take no account of product charges. Ongoing 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 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 | 45.24% | |
| International Equities | 11.94% | |
| UK Corporate Bonds | 9.42% | |
| Commodities | 8.13% | |
| UK Equities | 3.78% | |
| Property | 3.70% | |
| Cash and Equivalents | 2.58% | |
| Investment Trusts | 1.68% | |
| UK Gilts | 1.49% | |
| Other Assets | 12.05% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 56.15% | - | - | - | |
| Non-Classified | 12.78% | - | - | - | |
| Non-Classified | - | 0.18% | - | - | |
| Non-Classified | - | - | 0.18% | - | |
| Non-Classified | - | - | - | 0.18% | |
| Commodities | 8.13% | - | - | - | |
| Commodities | - | 8.13% | - | - | |
| Commodities | - | - | 8.13% | - | |
| Commodities | - | - | - | 8.13% | |
| Financials | 4.99% | - | - | - | |
| Financial Services | - | 2.59% | - | - | |
| Equity Investment Instruments | - | - | 1.68% | - | |
| Equity Investment Instruments | - | - | - | 1.68% | |
| Investment Banking & Brokerage Services | - | - | 0.78% | - | |
| Asset Managers & Custodians | - | - | - | 0.51% | |
| Investment Services | - | - | - | 0.21% | |
| Diversified Financial Services | - | - | - | 0.06% | |
| Finance & Credit Services | - | - | 0.14% | - | |
| Financial Data & Systems | - | - | - | 0.07% | |
| Consumer Lending | - | - | - | 0.03% | |
| Mortgage Finance | - | - | - | 0.03% | |
| Nonequity Investment Instruments | - | - | 0.00% | - | |
| Nonequity Investment Instruments | - | - | - | 0.00% | |
| Banks | - | 1.77% | - | - | |
| Banks | - | - | 1.77% | - | |
| Banks | - | - | - | 1.77% | |
| Insurance | - | 0.63% | - | - | |
| Life Insurance | - | - | 0.36% | - | |
| Life Insurance | - | - | - | 0.36% | |
| Non-life Insurance | - | - | 0.27% | - | |
| Property & Casualty Insurance | - | - | - | 0.13% | |
| Full Line Insurance | - | - | - | 0.07% | |
| Insurance Brokers | - | - | - | 0.04% | |
| Reinsurance | - | - | - | 0.03% | |
| Real Estate | 2.75% | - | - | - | |
| Real Estate | - | 2.75% | - | - | |
| Real Estate Investment Trusts | - | - | 2.04% | - | |
| Diversified REITs | - | - | - | 0.43% | |
| Retail REITs | - | - | - | 0.36% | |
| Industrial REITs | - | - | - | 0.34% | |
| Residential REITs | - | - | - | 0.23% | |
| Office REITs | - | - | - | 0.19% | |
| Other Specialty REITs | - | - | - | 0.16% | |
| Health Care REITs | - | - | - | 0.12% | |
| Infrastructure REITs | - | - | - | 0.08% | |
| Storage REITs | - | - | - | 0.08% | |
| Hotel & Lodging REITs | - | - | - | 0.05% | |
| Real Estate Investment & Services | - | - | 0.71% | - | |
| Real Estate Holding and Development | - | - | - | 0.62% | |
| Real Estate Services | - | - | - | 0.08% | |
| Cash and Equivalents | 2.64% | - | - | - | |
| Industrials | 2.46% | - | - | - | |
| Industrial Goods & Services | - | 2.20% | - | - | |
| Industrial Transportation | - | - | 0.66% | - | |
| Railroads | - | - | - | 0.31% | |
| Transportation Services | - | - | - | 0.14% | |
| Marine Transportation | - | - | - | 0.09% | |
| Commercial Vehicles & Parts | - | - | - | 0.04% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.03% | |
| Delivery Services | - | - | - | 0.03% | |
| Trucking | - | - | - | 0.01% | |
| Railroad Equipment | - | - | - | 0.00% | |
| Industrial Support Services | - | - | 0.36% | - | |
| Professional Business Support Services | - | - | - | 0.15% | |
| Industrial Suppliers | - | - | - | 0.11% | |
| Transaction Processing Services | - | - | - | 0.05% | |
| Business Training & Employment Agencies | - | - | - | 0.03% | |
| Security Services | - | - | - | 0.02% | |
| Electronic & Electrical Equipment | - | - | 0.35% | - | |
| Electrical Components | - | - | - | 0.20% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.07% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.07% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.01% | |
| Electronic Equipment: Other | - | - | - | 0.00% | |
| General Industrials | - | - | 0.34% | - | |
| Diversified Industrials | - | - | - | 0.24% | |
| Containers & Packaging | - | - | - | 0.08% | |
| Plastics | - | - | - | 0.01% | |
| Glass | - | - | - | 0.00% | |
| Aerospace & Defence | - | - | 0.25% | - | |
| Aerospace | - | - | - | 0.17% | |
| Defense | - | - | - | 0.08% | |
| Industrial Engineering | - | - | 0.25% | - | |
| Machinery: Industrial | - | - | - | 0.10% | |
| Machinery: Construction & Handling | - | - | - | 0.08% | |
| Machinery: Engines | - | - | - | 0.04% | |
| Machinery: Tools | - | - | - | 0.02% | |
| Machinery: Specialty | - | - | - | 0.01% | |
| Machinery: Agricultural | - | - | - | 0.00% | |
| Construction & Materials | - | 0.26% | - | - | |
| Construction & Materials | - | - | 0.26% | - | |
| Construction | - | - | - | 0.08% | |
| Building Materials: Other | - | - | - | 0.07% | |
| Cement | - | - | - | 0.05% | |
| Engineering & Contracting Services | - | - | - | 0.03% | |
| Building: Climate Control | - | - | - | 0.02% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.01% | |
| Property | 2.07% | - | - | - | |
| Property | - | 2.07% | - | - | |
| Property | - | - | 2.07% | - | |
| Property | - | - | - | 2.07% | |
| Technology | 2.01% | - | - | - | |
| Technology | - | 2.01% | - | - | |
| Technology Hardware & Equipment | - | - | 1.14% | - | |
| Semiconductors | - | - | - | 0.74% | |
| Computer Hardware | - | - | - | 0.16% | |
| Production Technology Equipment | - | - | - | 0.14% | |
| Electronic Components | - | - | - | 0.09% | |
| Electronic Office Equipment | - | - | - | 0.00% | |
| Software & Computer Services | - | - | 0.87% | - | |
| Consumer Digital Services | - | - | - | 0.44% | |
| Computer Services | - | - | - | 0.24% | |
| Software | - | - | - | 0.19% | |
| Consumer Discretionary | 1.66% | - | - | - | |
| Retail | - | 0.45% | - | - | |
| Retailers | - | - | 0.45% | - | |
| Diversified Retailers | - | - | - | 0.27% | |
| Specialty Retailers | - | - | - | 0.08% | |
| Home Improvement Retailers | - | - | - | 0.06% | |
| Apparel Retailers | - | - | - | 0.05% | |
| Consumer Products & Services | - | 0.38% | - | - | |
| Household Goods & Home Construction | - | - | 0.13% | - | |
| Home Construction | - | - | - | 0.09% | |
| Household Appliance | - | - | - | 0.03% | |
| Household Equipment & Products | - | - | - | 0.00% | |
| Household Furnishings | - | - | - | 0.00% | |
| Leisure Goods | - | - | 0.11% | - | |
| Consumer Electronics | - | - | - | 0.04% | |
| Electronic Entertainment | - | - | - | 0.03% | |
| Toys | - | - | - | 0.02% | |
| Recreational Vehicles & Boats | - | - | - | 0.01% | |
| Recreational Products | - | - | - | 0.01% | |
| Photography | - | - | - | 0.00% | |
| Personal Goods | - | - | 0.11% | - | |
| Clothing & Accessories | - | - | - | 0.04% | |
| Cosmetics | - | - | - | 0.04% | |
| Luxury Items | - | - | - | 0.02% | |
| Footwear | - | - | - | 0.01% | |
| Consumer Services | - | - | 0.04% | - | |
| Vending & Catering Service | - | - | - | 0.02% | |
| Consumer Services: Misc. | - | - | - | 0.01% | |
| Education Services | - | - | - | 0.00% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Travel & Leisure | - | 0.37% | - | - | |
| Travel & Leisure | - | - | 0.37% | - | |
| Hotels & Motels | - | - | - | 0.15% | |
| Restaurants & Bars | - | - | - | 0.07% | |
| Airlines | - | - | - | 0.06% | |
| Casinos & Gambling | - | - | - | 0.05% | |
| Travel & Tourism | - | - | - | 0.04% | |
| Recreational Services | - | - | - | 0.01% | |
| Automobiles & Parts | - | 0.33% | - | - | |
| Automobiles & Parts | - | - | 0.33% | - | |
| Automobiles | - | - | - | 0.23% | |
| Auto Parts | - | - | - | 0.08% | |
| Tires | - | - | - | 0.01% | |
| Media | - | 0.13% | - | - | |
| Media | - | - | 0.13% | - | |
| Media Agencies | - | - | - | 0.06% | |
| Entertainment | - | - | - | 0.03% | |
| Radio & TV Broadcasters | - | - | - | 0.02% | |
| Publishing | - | - | - | 0.01% | |
| Utilities | 1.21% | - | - | - | |
| Utilities | - | 1.21% | - | - | |
| Electricity | - | - | 0.71% | - | |
| Conventional Electricity | - | - | - | 0.69% | |
| Alternative Electricity | - | - | - | 0.02% | |
| Gas, Water & Multi-utilities | - | - | 0.49% | - | |
| Multi-Utilities | - | - | - | 0.32% | |
| Water | - | - | - | 0.09% | |
| Gas Distribution | - | - | - | 0.08% | |
| Waste & Disposal Services | - | - | 0.01% | - | |
| Waste & Disposal Services | - | - | - | 0.01% | |
| Health Care | 0.95% | - | - | - | |
| Health Care | - | 0.95% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 0.66% | - | |
| Pharmaceuticals | - | - | - | 0.58% | |
| Biotechnology | - | - | - | 0.08% | |
| Medical Equipment & Services | - | - | 0.18% | - | |
| Medical Equipment | - | - | - | 0.13% | |
| Medical Supplies | - | - | - | 0.05% | |
| Medical Services | - | - | - | 0.00% | |
| Health Care Providers | - | - | 0.11% | - | |
| Health Care Management Services | - | - | - | 0.07% | |
| Health Care Facilities | - | - | - | 0.03% | |
| Health Care Services | - | - | - | 0.01% | |
| Consumer Staples | 0.83% | - | - | - | |
| Food, Beverage & Tobacco | - | 0.46% | - | - | |
| Beverages | - | - | 0.24% | - | |
| Soft Drinks | - | - | - | 0.10% | |
| Distillers & Vintners | - | - | - | 0.07% | |
| Brewers | - | - | - | 0.07% | |
| Food Producers | - | - | 0.22% | - | |
| Food Products | - | - | - | 0.21% | |
| Fruit & Grain Processing | - | - | - | 0.00% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.00% | |
| Personal Care, Drug & Grocery Stores | - | 0.37% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.37% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.16% | |
| Personal Products | - | - | - | 0.11% | |
| Nondurable Household Products | - | - | - | 0.07% | |
| Drug Retailers | - | - | - | 0.03% | |
| Energy | 0.77% | - | - | - | |
| Energy | - | 0.77% | - | - | |
| Non-Renewable Energy | - | - | 0.74% | - | |
| Pipelines | - | - | - | 0.28% | |
| Integrated Oil & Gas | - | - | - | 0.27% | |
| Oil Refining and Marketing | - | - | - | 0.07% | |
| Oil: Crude Producers | - | - | - | 0.06% | |
| Oil Equipment & Services | - | - | - | 0.05% | |
| Offshore Drilling & Other Services | - | - | - | 0.01% | |
| Coal | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.03% | - | |
| Renewable Energy Equipment | - | - | - | 0.03% | |
| Alternative Fuels | - | - | - | 0.01% | |
| Telecommunications | 0.70% | - | - | - | |
| Telecommunications | - | 0.70% | - | - | |
| Telecommunications Service Providers | - | - | 0.37% | - | |
| Telecommunications Services | - | - | - | 0.37% | |
| Cable Television Services | - | - | - | 0.00% | |
| Telecommunications Equipment | - | - | 0.33% | - | |
| Telecommunications Equipment | - | - | - | 0.33% | |
| Basic Materials | 0.65% | - | - | - | |
| Basic Resources | - | 0.48% | - | - | |
| Industrial Metals & Mining | - | - | 0.34% | - | |
| General Mining | - | - | - | 0.15% | |
| Iron & Steel | - | - | - | 0.11% | |
| Copper | - | - | - | 0.04% | |
| Metal Fabricating | - | - | - | 0.03% | |
| Aluminum | - | - | - | 0.01% | |
| Nonferrous Metals | - | - | - | 0.01% | |
| Precious Metals & Mining | - | - | 0.12% | - | |
| Gold Mining | - | - | - | 0.12% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.01% | - | |
| Paper | - | - | - | 0.01% | |
| Diversified Materials | - | - | - | 0.01% | |
| Chemicals | - | 0.17% | - | - | |
| Chemicals | - | - | 0.17% | - | |
| Chemicals: Diversified | - | - | - | 0.10% | |
| Specialty Chemicals | - | - | - | 0.04% | |
| Fertilizers | - | - | - | 0.02% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.01% | |
| Alternative Trading Strategies | -0.74% | - | - | - | |
| Alternative Trading Strategies | - | -0.74% | - | - | |
| Alternative Trading Strategies | - | - | -0.74% | - | |
| Alternative Trading Strategies | - | - | - | -0.74% | |
Regional Allocation
| Developed Europe - Excl UK | 20.83% | |
| North America | 19.83% | |
| UK | 14.69% | |
| Emerging Asia | 14.45% | |
| Non-Classified | 14.45% | |
| Property | 3.60% | |
| Developed Asia | 3.31% | |
| Cash and Equivalents | 2.64% | |
| Japan | 1.97% | |
| Other Regions | 4.25% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 41.32% | |
| Pound Sterling | 21.37% | |
| US Dollar | 17.36% | |
| Euro | 4.59% | |
| Cash | 2.53% | |
| Indian Rupee | 1.84% | |
| Other Currencies | 10.99% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Europe - Excl UK | 20.83% | - | |
Ireland
|
- | 8.67% | |
France
|
- | 3.19% | |
Germany
|
- | 2.53% | |
Netherlands
|
- | 1.96% | |
Luxembourg
|
- | 1.43% | |
Switzerland
|
- | 0.55% | |
Italy
|
- | 0.50% | |
Sweden
|
- | 0.45% | |
Spain
|
- | 0.45% | |
Denmark
|
- | 0.36% | |
Finland
|
- | 0.22% | |
Belgium
|
- | 0.21% | |
Norway
|
- | 0.14% | |
Austria
|
- | 0.10% | |
Iceland
|
- | 0.04% | |
Portugal
|
- | 0.02% | |
| North America | 19.83% | - | |
United States
|
- | 18.57% | |
Canada
|
- | 1.26% | |
Bermuda
|
- | 0.00% | |
| UK | 14.69% | - | |
United Kingdom
|
- | 14.69% | |
Jersey
|
- | 0.01% | |
| Emerging Asia | 14.45% | - | |
India
|
- | 2.82% | |
South Korea
|
- | 2.45% | |
Indonesia
|
- | 2.18% | |
Malaysia
|
- | 1.85% | |
China
|
- | 1.76% | |
Thailand
|
- | 1.32% | |
Philippines
|
- | 1.20% | |
Taiwan
|
- | 0.47% | |
Uzbekistan
|
- | 0.08% | |
Kazakhstan
|
- | 0.06% | |
Tajikistan
|
- | 0.05% | |
Lao People's Democratic Republic
|
- | 0.04% | |
Papua New Guinea
|
- | 0.04% | |
Sri Lanka
|
- | 0.03% | |
Azerbaijan
|
- | 0.02% | |
Georgia
|
- | 0.02% | |
Pakistan
|
- | 0.02% | |
Kyrgyzstan
|
- | 0.01% | |
Viet Nam
|
- | 0.01% | |
Mongolia
|
- | 0.01% | |
Armenia
|
- | 0.01% | |
Macau
|
- | 0.00% | |
| Non-Classified | 14.45% | - | |
| Property | 3.60% | - | |
| Developed Asia | 3.31% | - | |
Hong Kong
|
- | 1.69% | |
Singapore
|
- | 1.62% | |
| Cash and Equivalents | 2.64% | - | |
| Japan | 1.97% | - | |
Japan
|
- | 1.97% | |
| South & Central America | 1.79% | - | |
Mexico
|
- | 0.56% | |
Brazil
|
- | 0.26% | |
Peru
|
- | 0.19% | |
Colombia
|
- | 0.13% | |
Argentina
|
- | 0.13% | |
Venezuela
|
- | 0.09% | |
Chile
|
- | 0.08% | |
Suriname
|
- | 0.05% | |
Dominican Republic
|
- | 0.05% | |
Paraguay
|
- | 0.04% | |
Ecuador
|
- | 0.04% | |
Uruguay
|
- | 0.04% | |
El Salvador
|
- | 0.03% | |
Guatemala
|
- | 0.02% | |
Barbados
|
- | 0.02% | |
Jamaica
|
- | 0.01% | |
Trinidad and Tobago
|
- | 0.01% | |
Honduras
|
- | 0.01% | |
Costa Rica
|
- | 0.01% | |
Panama
|
- | 0.01% | |
Virgin Islands (British)
|
- | 0.00% | |
Bolivia
|
- | 0.00% | |
| Middle East & Africa | 0.90% | - | |
South Africa
|
- | 0.17% | |
United Arab Emirates
|
- | 0.13% | |
Israel
|
- | 0.12% | |
Cote D'Ivoire
|
- | 0.08% | |
Saudi Arabia
|
- | 0.05% | |
Iraq
|
- | 0.04% | |
Nigeria
|
- | 0.04% | |
Zambia
|
- | 0.04% | |
Egypt
|
- | 0.03% | |
Benin
|
- | 0.02% | |
Morocco
|
- | 0.02% | |
Ghana
|
- | 0.02% | |
Kenya
|
- | 0.02% | |
Congo, People's Republic Of
|
- | 0.02% | |
Angola
|
- | 0.01% | |
Qatar
|
- | 0.01% | |
Gabon
|
- | 0.01% | |
Togo
|
- | 0.01% | |
Kuwait
|
- | 0.01% | |
Oman
|
- | 0.01% | |
Mozambique
|
- | 0.01% | |
Jordan
|
- | 0.01% | |
Senegal
|
- | 0.00% | |
Tunisia
|
- | 0.00% | |
Lebanon
|
- | 0.00% | |
Ethiopia
|
- | 0.00% | |
Cameroon
|
- | 0.00% | |
| Australia & New Zealand | 0.82% | - | |
Australia
|
- | 0.75% | |
New Zealand
|
- | 0.07% | |
| Emerging Europe | 0.74% | - | |
Poland
|
- | 0.16% | |
Romania
|
- | 0.16% | |
Turkey
|
- | 0.15% | |
Hungary
|
- | 0.11% | |
Czech Republic
|
- | 0.04% | |
Serbia
|
- | 0.03% | |
Greece
|
- | 0.02% | |
Ukraine
|
- | 0.02% | |
Bulgaria
|
- | 0.02% | |
Macedonia, The Former Yugoslav Republic Of
|
- | 0.01% | |
Montenegro
|
- | 0.01% | |
Croatia
|
- | 0.01% | |
Slovenia
|
- | 0.00% | |
Lithuania
|
- | 0.00% | |
Albania
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
6.90% |
| Large |
|
4.70% |
| Medium |
|
3.21% |
| Small |
|
0.64% |
| Micro |
|
1.08% |
| Non-Classified |
|
24.69% |
| Bonds |
|
56.15% |
| Cash |
|
2.64% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
25.98% |
| 5Yr - 10Yr Maturity |
|
14.44% |
| 10Yr - 15Yr Maturity |
|
4.56% |
| > 15Yr Maturity |
|
11.17% |
| Cash And Equivalents |
|
2.64% |
| Unknown Maturity |
|
12.48% |
| Other Asset Types |
|
28.74% |
Fixed Interest Quality Profile
| AAA |
|
3.76% |
| AA |
|
6.42% |
| A |
|
10.69% |
| BBB |
|
11.41% |
| Sub-Investment Grade |
|
2.34% |
| Unknown Quality |
|
21.53% |
| Cash and Equivalents |
|
2.64% |
| Other Asset Types |
|
41.21% |
Top 10 Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | M&G Sterling Investment Grade Corporate Bond Class Z2A | 21.45% | Managed Funds | Managed Funds |
| 2 | M&G (Lux) Asian Local Currency Bond Class ZI | 10.30% | Managed Funds | Managed Funds |
| 3 | M&G (1) US Corporate Bond Class Z4A GBP | 7.11% | Managed Funds | Managed Funds |
| 4 | M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc | 6.55% | Managed Funds | Managed Funds |
| 5 | M&G UST BOND ACT ETF GBP | 3.84% | Non-Classified | Ireland |
| 6 | M&G European Credit Investment Class E GBP Hedged | 3.72% | Managed Funds | Managed Funds |
| 7 | M&G (Lux) Asian Corporate Bond Class ZI-H A | 3.42% | Managed Funds | Managed Funds |
| 8 | M&G (1) US Short Duration Corporate Bond Class Z4A GBP | 3.03% | Managed Funds | Managed Funds |
| 9 | M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A | 2.47% | Managed Funds | Managed Funds |
| 10 | M&G Emerging Markets Bond Class PP GBP | 2.27% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | US 10YR NOTE (CBT)JUN26 | 1.50% | Non-Classified | Non-Classified |
| 2 | GBP FWD ASSET 17 FEB 2026 | 1.49% | Non-Classified | Non-Classified |
| 3 | LONG GILT FUTURE Jun26 | 1.47% | Non-Classified | Non-Classified |
| 4 | L&G FREEHOLD PROPERTY | 1.35% | Property | Direct Property and REITs |
| 5 | S&P500 EMINI FUT Mar26 | 0.76% | Non-Classified | Non-Classified |
| 6 | EUR FWD ASSET 17 FEB 2026 | 0.61% | Non-Classified | Non-Classified |
| 7 | M&G EUROPEAN PROPERTY | 0.58% | Non-Classified | Non-Classified |
| 8 | EURO STOXX 50 Mar26 | 0.53% | Non-Classified | Non-Classified |
| 9 | US 5YR NOTE (CBT) Mar26 | 0.38% | Non-Classified | Non-Classified |
| 10 | GBP FWD ASSET 17 FEB 2026 | 0.38% | Non-Classified | Non-Classified |
Important Information
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 | BF23249 |
| Mex Code | - |
| Isin Code | GB00BF232495 |
| Citi Code | JRPV |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.61% |
Aims and Benchmark
| Aims | The Sub-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. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target. |
| Benchmark | IA Mixed Investment 0-35% shares |
| Benchmark Category | Comparator |
| IA Sector | Volatility Managed |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 November | 31 December |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Bank of New York Mellon (International) Limited |
| Fund Administrator | Waystone |
| Fund Registrar | Waystone |
| Fund Custodian | Bank of New York Mellon (International) Limited |
Group Details
| Group name | Waystone Management (UK) Limited |
| Group address | PO Box 389, DARLINGTON, DL1 9UF |
| Group telephone | 0345 9220044 |
| Dealing telephone | 0344 3358936 |
| wtas-investorservices@waystone.com | |
| Homepage | www.waystone.com |
| Fax number | 0113 2246001 |
Dealing
| Minimum Investment | £500000 |
| Minimum Top Up | £10000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing 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 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
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 ongoing charges, but take no account of product charges. Ongoing 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 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.