Prudential Ex-DSF M&G Dividend

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

Performance

Discrete performance - to last month end

30/06/15
to
30/06/16
30/06/16
to
30/06/17
30/06/17
to
30/06/18
30/06/18
to
30/06/19
30/06/19
to
30/06/20
Fund -0.6% 21.0% 0.7% -1.4% -14.2%
Sector -1.0% 18.8% 4.9% -2.8% -14.7%
Rank 82/179 44/182 161/184 59/186 101/189
Quartile 2 1 4 2 3

Annualised performance

Annualised
3 Years to
30/06/20
5 Years to
30/06/20
10 Years to
30/06/20
Fund -5.2% 0.5% 6.0%
Sector -4.5% 0.5% 5.9%
Rank 127/184 102/179 79/143
Quartile 3 3 3

Top 10 Holdings

Stock % Weight
BRITISH AMERICAN TOBACCO 6.05
ASTRAZENECA 5.99
BP 5.08
RIO TINTO 4.49
IMPERIAL BRANDS 3.99
GLAXOSMITHKLINE 3.92
GVC HLDGS 3.35
NATIONAL GRID 2.89
PHOENIX GROUP HLDGS 2.41
SMITH(DS) 2.30
Total 40.48

Fund Aims

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

Underlying Fund Objective: The fund has three aims which are to provide an annual yield higher than that of the FTSE All-Share Index, to provide an income stream that increases every year and provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE All-Share Index over any five-year period.

At least 70% of the fund is invested in equity securities and equity-related securities of companies across any sector and market capitalisation, that are incorporated, domiciled, listed or do most of their business in the United Kingdom. The fund may also invest in other transferable securities, including the shares of non-UK companies, cash and near cash directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for efficient portfolio management and hedging.

Fund Manager

Michael Stiasny manager of the underlying fund for 1 years and 4 months

Photo of Michael Stiasny Michael Stiasny is the fund manager of Charifund and, since 1 April 2018, of the M&G UK Income Distribution Fund. He is also deputy fund manager of both the M&G Recovery Fund and the M&G Global Recovery Fund. He joined M&G in 1998 as an equity analyst, becoming head of the pan-European equity research team in 2005. He was appointed deputy fund manager of the M&G Recovery Fund in 2011. Michael graduated with a degree in philosophy, politics and economics from the University of Oxford. He is a CFA charterholder.

James Taylor manager of the underlying fund for 0 years and 10 months

Photo of James Taylor James Taylor was appointed deputy fund manager of the M&G Dividend Fund in August 2019. He joined M&G in 2014 as a graduate before becoming an embedded analyst in the Income team in January 2016 where he supported the managers of the M&G UK Select, M&G Dividend and M&G Pan-European Dividend funds. In March 2019, the M&G UK Select Fund and the M&G Dividend Fund were transferred to the UK Equities team and James moved across with them. He graduated from the University of Bath with a BSc in Business Administration, and has passed all three levels of the CFA program.

Fund Overview

Bid (08/07/2020) 348.00
Offer (08/07/2020) 366.40
Fund size (31/05/2019) £8.52m
Underlying Fund size £959.66m
Number of holdings 84
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
  UK Equities 86.80%
  International Equities 9.71%
  Property 2.32%
  Investment Trusts 1.15%
  Money Market 0.16%
  Cash and Equivalents -0.22%
  Other Assets 0.08%
Portfolio data accurate as at: 31/05/20

Important Information

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: 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
  UK Equities 86.80%
  International Equities 9.71%
  Property 2.32%
  Investment Trusts 1.15%
  Money Market 0.16%
  Cash and Equivalents -0.22%
  Other Assets 0.08%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 23.86% - - -
 
Insurance - 13.96% - -
 
Life Insurance - - 7.49% -
 
Life Insurance - - - 7.49%
 
Non-life Insurance - - 6.47% -
 
Property & Casualty Insurance - - - 5.80%
 
Full Line Insurance - - - 0.67%
 
Financial Services - 5.83% - -
 
Investment Banking & Brokerage Services - - 4.68% -
 
Asset Managers & Custodians - - - 4.68%
 
Equity Investment Instruments - - 1.15% -
 
Equity Investment Instruments - - - 1.15%
 
Banks - 4.07% - -
 
Banks - - 4.07% -
 
Banks - - - 4.07%
 
Consumer Staples 13.37% - - -
 
Food, Beverage & Tobacco - 12.13% - -
 
Tobacco - - 10.04% -
 
Tobacco - - - 10.04%
 
Beverages - - 1.42% -
 
Soft Drinks - - - 1.42%
 
Food Producers - - 0.66% -
 
Food Products - - - 0.66%
 
Personal Care, Drug & Grocery Stores - 1.24% - -
 
Personal Care, Drug & Grocery Stores - - 1.24% -
 
Personal Products - - - 1.24%
 
Consumer Discretionary 13.10% - - -
 
Travel & Leisure - 4.23% - -
 
Travel & Leisure - - 4.23% -
 
Casinos & Gambling - - - 3.35%
 
Travel & Tourism - - - 0.55%
 
Restaurants & Bars - - - 0.32%
 
Recreational Services - - - 0.01%
 
Consumer Products & Services - 3.47% - -
 
Household Goods & Home Construction - - 2.01% -
 
Home Construction - - - 2.01%
 
Leisure Goods - - 0.91% -
 
Toys - - - 0.91%
 
Consumer Services - - 0.55% -
 
Vending & Catering Service - - - 0.55%
 
Media - 3.35% - -
 
Media - - 3.35% -
 
Media Agencies - - - 1.74%
 
Radio & TV Broadcasters - - - 0.90%
 
Publishing - - - 0.71%
 
Retail - 1.21% - -
 
Retailers - - 1.21% -
 
Specialty Retailers - - - 0.62%
 
Home Improvement Retailers - - - 0.59%
 
Automobiles & Parts - 0.83% - -
 
Automobiles & Parts - - 0.83% -
 
Tires - - - 0.83%
 
Health Care 13.03% - - -
 
Health Care - 13.03% - -
 
Pharmaceuticals & Biotechnology - - 13.03% -
 
Pharmaceuticals - - - 13.03%
 
Energy 7.77% - - -
 
Energy - 7.77% - -
 
Non-Renewable Energy - - 7.77% -
 
Integrated Oil & Gas - - - 7.24%
 
Oil: Crude Producers - - - 0.50%
 
Oil Equipment & Services - - - 0.04%
 
Basic Materials 6.86% - - -
 
Basic Resources - 5.12% - -
 
Industrial Metals & Mining - - 4.58% -
 
General Mining - - - 4.58%
 
Industrial Materials - - 0.55% -
 
Paper - - - 0.55%
 
Chemicals - 1.74% - -
 
Chemicals - - 1.74% -
 
Specialty Chemicals - - - 1.74%
 
Utilities 6.51% - - -
 
Utilities - 6.51% - -
 
Gas, Water & Multi-utilities - - 5.33% -
 
Multi-Utilities - - - 3.34%
 
Water - - - 1.99%
 
Electricity - - 1.18% -
 
Conventional Electricity - - - 1.18%
 
Industrials 6.28% - - -
 
Industrial Goods & Services - 6.17% - -
 
Industrial Support Services - - 2.94% -
 
Industrial Suppliers - - - 1.82%
 
Transaction Processing Services - - - 0.62%
 
Professional Business Support Services - - - 0.50%
 
General Industrials - - 2.30% -
 
Containers & Packaging - - - 2.30%
 
Electronic & Electrical Equipment - - 0.94% -
 
Electronic Equipment: Control & Filter - - - 0.94%
 
Construction & Materials - 0.10% - -
 
Construction & Materials - - 0.10% -
 
Construction - - - 0.10%
 
Telecommunications 3.91% - - -
 
Telecommunications - 3.91% - -
 
Telecommunications Service Providers - - 3.05% -
 
Telecommunications Services - - - 3.05%
 
Telecommunications Equipment - - 0.86% -
 
Telecommunications Equipment - - - 0.86%
 
Real Estate 3.84% - - -
 
Real Estate - 3.84% - -
 
Real Estate Investment Trusts - - 2.87% -
 
Residential REITs - - - 1.45%
 
Industrial REITs - - - 0.60%
 
Office REITs - - - 0.54%
 
Retail REITs - - - 0.28%
 
Real Estate Investment & Services - - 0.97% -
 
Real Estate Holding and Development - - - 0.97%
 
Technology 1.46% - - -
 
Technology - 1.46% - -
 
Software & Computer Services - - 1.46% -
 
Software - - - 1.10%
 
Consumer Digital Services - - - 0.36%
 
Non-Classified 0.24% - - -
 
Cash and Equivalents -0.22% - - -

Regional Allocation

pie chart
  UK 86.81%
  Developed Europe - Excl UK 6.98%
  North America 2.33%
  Property 2.32%
  Non-Classified 1.21%
  Japan 0.39%
  Cash and Equivalents -0.06%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 98.79%
  Cash 1.02%
  Pound Sterling 0.18%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 86.81% -
 
United Kingdom - 86.81%
 
Developed Europe - Excl UK 6.98% -
 
Finland - 2.44%
 
Switzerland - 1.83%
 
France - 1.82%
 
Luxembourg - 0.86%
 
Norway - 0.04%
 
North America 2.33% -
 
United States - 1.56%
 
Canada - 0.77%
 
Property 2.32% -
 
Non-Classified 1.21% -
 
Japan 0.39% -
 
Japan - 0.39%
 
Cash and Equivalents -0.06% -

Breakdown By Market Cap (%)

Mega
 
 
42.22%
Large
 
 
18.11%
Medium
 
 
27.05%
Small
 
 
9.04%
Micro
 
 
1.66%
Non-Classified
 
 
2.14%
Cash
 
-0.22%

Top 10 Holdings

Stock % Weight Sector Country
1 BRITISH AMERICAN TOBACCO 6.05% Tobacco United Kingdom
2 ASTRAZENECA 5.99% Pharmaceuticals & Biotechnology United Kingdom
3 BP 5.08% Non-Renewable Energy United Kingdom
4 RIO TINTO 4.49% Industrial Metals & Mining United Kingdom
5 IMPERIAL BRANDS 3.99% Tobacco United Kingdom
6 GLAXOSMITHKLINE 3.92% Pharmaceuticals & Biotechnology United Kingdom
7 GVC HLDGS 3.35% Travel & Leisure United Kingdom
8 NATIONAL GRID 2.89% Gas, Water & Multi-utilities United Kingdom
9 PHOENIX GROUP HLDGS 2.41% Life Insurance United Kingdom
10 SMITH(DS) 2.30% General Industrials United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 1.46% - - - - - - - 1.46%
Telecommunications 3.05% 0.86% - - - - - - 3.91%
Financials 20.99% 1.72% - - - - 1.15% - 23.86%
Real Estate 1.51% - - - - 2.32% - - 3.84%
Consumer Discretionary 12.27% 0.83% - - - - - - 13.10%
Consumer Staples 13.37% - - - - - - - 13.37%
Energy 6.36% 1.41% - - - - - - 7.77%
Utilities 6.06% 0.45% - - - - - - 6.51%
Health Care 9.91% 3.12% - - - - - - 13.03%
Industrials 6.28% - - - - - - - 6.28%
Basic Materials 5.55% 1.32% - - - - - - 6.86%
Cash and Equivalents - - - - - - - -0.22% -0.22%
Non-Classified - - - - - - 0.24% - 0.24%

Important Information

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 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 B02SR44
Mex Code PUNKI
Isin Code GB00B02SR448
Citi Code ILF3

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 Dividend Fund - the underlying fund. Underlying Fund Objective: The fund has three aims which are to provide an annual yield higher than that of the FTSE All-Share Index, to provide an income stream that increases every year and provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE All-Share Index over any five-year period. At least 70% of the fund is invested in equity securities and equity-related securities of companies across any sector and market capitalisation, that are incorporated, domiciled, listed or do most of their business in the United Kingdom. The fund may also invest in other transferable securities, including the shares of non-UK companies, cash and near cash directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for efficient portfolio management and hedging.
Benchmark FTSE All-Share Index
Sector ABI UK Equity Income

Ratings

FE Crown Crown Rating of 1

Important Information

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 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

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: 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 net 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, 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.