PIA Deferred Distribution USD Ser B

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

Performance

Discrete performance - to last month end

31/10/19
to
31/10/20
31/10/20
to
31/10/21
31/10/21
to
31/10/22
31/10/22
to
31/10/23
31/10/23
to
31/10/24
Fund 3.9% 18.1% -15.5% 4.4% 20.3%
Sector 0.6% 15.9% -23.5% 5.1% 18.6%
Rank 73/245 104/261 21/271 172/273 95/287
Quartile 2 2 1 3 2

Annualised performance

Annualised
3 Years to
31/10/24
5 Years to
31/10/24
10 Years to
31/10/24
Fund 2.0% 5.4% 5.4%
Sector -1.5% 2.2% 1.3%
Rank 11/271 16/245 4/173
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
GBP FWD ASSET 28 OCT 2024 6.65
APPLE 3.59
MICROSOFT CORPORATION 3.39
NVIDIA CORPORATION 3.36
AMAZON.COM 2.11
GBP FWD ASSET 28 OCT 2024 1.68
CBT US 5YR NOT (CB Dec24 1.57
META PLATFORMS 1.42
GBP FWD ASSET 28 OCT 2024 1.26
ALPHABET INC 1.08
Total 26.11

Fund Aims

Objective: The fund aims to deliver capital growth together with reinvested income over the longer term.

Fund Investments: The fund primarily invests in US equity funds, US fixed income funds, UK property funds and cash. These assets are predominantly denominated in US dollars.

Fund Manager

M&G Treasury & Investment Office manager for 19 years

Photo of M&G Treasury & Investment Office With access to investment professionals around the world, the M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. Over the years they have built a thorough and effective governance framework, which includes the setting and monitoring of investment mandates, regular performance and activity health checks and independent analysis of investment, credit and liquidity risks.

Fund Overview

Bid (01/11/2024) 2.43
Offer (01/11/2024) 2.56
Fund size (30/09/2024) $2.17m
Number of holdings 1241
Launch date 28/10/2005

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.27%
Yearly Total 1.57%

Asset Allocation

pie chart
  International Equities 47.74%
  International Bonds 35.09%
  Property 8.00%
  Cash and Equivalents 2.26%
  UK Corporate Bonds 0.91%
  Other Assets 5.99%

Commentary

Not currently available

Portfolio data accurate as at: 30/09/24

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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 47.74%
  International Bonds 35.09%
  Property 8.00%
  Cash and Equivalents 2.26%
  UK Corporate Bonds 0.91%
  Other Assets 5.99%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 36.00% - - -
 
Technology 17.54% - - -
 
Technology - 17.54% - -
 
Technology Hardware & Equipment - - 9.20% -
 
Semiconductors - - - 4.88%
 
Computer Hardware - - - 3.68%
 
Production Technology Equipment - - - 0.64%
 
Software & Computer Services - - 8.34% -
 
Software - - - 4.70%
 
Consumer Digital Services - - - 3.24%
 
Computer Services - - - 0.40%
 
Property 7.30% - - -
 
Property - 7.30% - -
 
Property - - 7.30% -
 
Property - - - 7.30%
 
Consumer Discretionary 6.60% - - -
 
Retail - 3.85% - -
 
Retailers - - 3.85% -
 
Diversified Retailers - - - 2.94%
 
Apparel Retailers - - - 0.65%
 
Specialty Retailers - - - 0.26%
 
Travel & Leisure - 0.89% - -
 
Travel & Leisure - - 0.89% -
 
Restaurants & Bars - - - 0.76%
 
Travel & Tourism - - - 0.13%
 
Automobiles & Parts - 0.75% - -
 
Automobiles & Parts - - 0.75% -
 
Automobiles - - - 0.75%
 
Consumer Products & Services - 0.65% - -
 
Consumer Services - - 0.36% -
 
Consumer Services: Misc. - - - 0.36%
 
Personal Goods - - 0.17% -
 
Clothing & Accessories - - - 0.13%
 
Footwear - - - 0.04%
 
Household Goods & Home Construction - - 0.10% -
 
Home Construction - - - 0.10%
 
Leisure Goods - - 0.02% -
 
Consumer Electronics - - - 0.02%
 
Media - 0.46% - -
 
Media - - 0.46% -
 
Media Agencies - - - 0.36%
 
Entertainment - - - 0.10%
 
Non-Classified 6.09% - - -
 
Non-Classified - 1.61% - -
 
Non-Classified - - 1.61% -
 
Non-Classified - - - 1.61%
 
Industrials 5.92% - - -
 
Industrial Goods & Services - 5.44% - -
 
Industrial Support Services - - 2.63% -
 
Transaction Processing Services - - - 1.35%
 
Professional Business Support Services - - - 1.28%
 
Industrial Engineering - - 0.96% -
 
Machinery: Engines - - - 0.53%
 
Machinery: Tools - - - 0.23%
 
Machinery: Industrial - - - 0.12%
 
Machinery: Construction & Handling - - - 0.09%
 
Aerospace & Defence - - 0.64% -
 
Aerospace - - - 0.60%
 
Defense - - - 0.04%
 
Electronic & Electrical Equipment - - 0.52% -
 
Electronic Equipment: Pollution Control - - - 0.52%
 
General Industrials - - 0.35% -
 
Diversified Industrials - - - 0.33%
 
Paints & Coatings - - - 0.02%
 
Industrial Transportation - - 0.33% -
 
Delivery Services - - - 0.30%
 
Railroads - - - 0.02%
 
Construction & Materials - 0.48% - -
 
Construction & Materials - - 0.48% -
 
Building: Climate Control - - - 0.45%
 
Building Materials: Other - - - 0.03%
 
Health Care 5.39% - - -
 
Health Care - 5.39% - -
 
Pharmaceuticals & Biotechnology - - 2.49% -
 
Pharmaceuticals - - - 2.34%
 
Biotechnology - - - 0.14%
 
Medical Equipment & Services - - 2.00% -
 
Medical Equipment - - - 1.94%
 
Medical Supplies - - - 0.06%
 
Health Care Providers - - 0.90% -
 
Health Care Management Services - - - 0.90%
 
Financials 5.05% - - -
 
Financial Services - 2.45% - -
 
Investment Banking & Brokerage Services - - 1.44% -
 
Diversified Financial Services - - - 0.64%
 
Investment Services - - - 0.54%
 
Asset Managers & Custodians - - - 0.26%
 
Finance & Credit Services - - 1.01% -
 
Financial Data & Systems - - - 1.01%
 
Banks - 1.44% - -
 
Banks - - 1.44% -
 
Banks - - - 1.44%
 
Insurance - 1.15% - -
 
Non-life Insurance - - 1.08% -
 
Insurance Brokers - - - 0.54%
 
Full Line Insurance - - - 0.33%
 
Property & Casualty Insurance - - - 0.21%
 
Life Insurance - - 0.08% -
 
Life Insurance - - - 0.08%
 
Cash and Equivalents 2.26% - - -
 
Consumer Staples 1.84% - - -
 
Food, Beverage & Tobacco - 1.16% - -
 
Beverages - - 0.72% -
 
Soft Drinks - - - 0.72%
 
Food Producers - - 0.44% -
 
Food Products - - - 0.44%
 
Personal Care, Drug & Grocery Stores - 0.68% - -
 
Personal Care, Drug & Grocery Stores - - 0.68% -
 
Personal Products - - - 0.57%
 
Nondurable Household Products - - - 0.05%
 
Food Retailers & Wholesalers - - - 0.03%
 
Drug Retailers - - - 0.01%
 
Energy 1.48% - - -
 
Energy - 1.48% - -
 
Non-Renewable Energy - - 1.47% -
 
Integrated Oil & Gas - - - 0.58%
 
Oil Equipment & Services - - - 0.45%
 
Oil: Crude Producers - - - 0.30%
 
Pipelines - - - 0.07%
 
Oil Refining and Marketing - - - 0.06%
 
Renewable Energy - - 0.01% -
 
Renewable Energy Equipment - - - 0.01%
 
Utilities 1.32% - - -
 
Utilities - 1.32% - -
 
Electricity - - 1.04% -
 
Conventional Electricity - - - 1.04%
 
Gas, Water & Multi-utilities - - 0.28% -
 
Multi-Utilities - - - 0.28%
 
Real Estate 1.15% - - -
 
Real Estate - 1.15% - -
 
Real Estate Investment Trusts - - 1.15% -
 
Timber REITs - - - 0.40%
 
Industrial REITs - - - 0.27%
 
Retail REITs - - - 0.24%
 
Health Care REITs - - - 0.14%
 
Residential REITs - - - 0.04%
 
Office REITs - - - 0.03%
 
Infrastructure REITs - - - 0.02%
 
Hotel & Lodging REITs - - - 0.02%
 
Telecommunications 1.04% - - -
 
Telecommunications - 1.04% - -
 
Telecommunications Service Providers - - 0.57% -
 
Telecommunications Services - - - 0.54%
 
Cable Television Services - - - 0.03%
 
Telecommunications Equipment - - 0.47% -
 
Telecommunications Equipment - - - 0.47%
 
Basic Materials 1.02% - - -
 
Chemicals - 0.79% - -
 
Chemicals - - 0.79% -
 
Chemicals: Diversified - - - 0.50%
 
Specialty Chemicals - - - 0.29%
 
Basic Resources - 0.23% - -
 
Industrial Materials - - 0.15% -
 
Diversified Materials - - - 0.15%
 
Precious Metals & Mining - - 0.07% -
 
Gold Mining - - - 0.07%
 
Industrial Metals & Mining - - 0.01% -
 
Copper - - - 0.01%

Regional Allocation

pie chart
  North America 79.07%
  Property 8.00%
  Non-Classified 6.18%
  Developed Europe - Excl UK 3.18%
  Cash and Equivalents 2.26%
  UK 0.91%
  Japan 0.19%
  Australia & New Zealand 0.15%
  Developed Asia 0.04%
  South & Central America 0.02%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 61.76%
  US Dollar 35.86%
  Cash 2.24%
  Euro 0.09%
  Canadian Dollar 0.06%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 79.07% -
 
United States - 78.20%
 
Canada - 0.87%
 
Property 8.00% -
 
Non-Classified 6.18% -
 
Developed Europe - Excl UK 3.18% -
 
Ireland - 1.94%
 
Switzerland - 0.34%
 
France - 0.26%
 
Netherlands - 0.19%
 
Sweden - 0.16%
 
Spain - 0.12%
 
Finland - 0.04%
 
Denmark - 0.04%
 
Germany - 0.04%
 
Norway - 0.04%
 
Belgium - 0.01%
 
Cash and Equivalents 2.26% -
 
UK 0.91% -
 
United Kingdom - 0.91%
 
Japan 0.19% -
 
Japan - 0.19%
 
Australia & New Zealand 0.15% -
 
Australia - 0.14%
 
New Zealand - 0.01%
 
Developed Asia 0.04% -
 
Singapore - 0.04%
 
South & Central America 0.02% -
 
Brazil - 0.02%

Breakdown By Market Cap (%)

Mega
 
 
38.56%
Large
 
 
7.07%
Medium
 
 
0.56%
Micro
 
 
0.04%
Non-Classified
 
 
15.51%
Bonds
 
 
36.00%
Cash
 
 
2.26%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
19.03%
5Yr - 10Yr Maturity
 
 
9.21%
10Yr - 15Yr Maturity
 
 
1.27%
> 15Yr Maturity
 
 
6.50%
Cash And Equivalents
 
 
2.26%
Unknown Maturity
 
 
4.39%
Other Asset Types
 
 
57.35%

Fixed Interest Quality Profile

AAA
 
 
5.15%
AA
 
 
1.17%
A
 
 
11.75%
BBB
 
 
13.10%
Sub-Investment Grade
 
 
2.97%
Unknown Quality
 
 
1.87%
Cash and Equivalents
 
 
2.26%
Other Asset Types
 
 
61.73%

Fund Holdings

Name % Weight Sector Country
1 M&G (ACS) Blackrock US Equity Z3A Acc 49.15% Managed Funds Managed Funds
2 M&G (1) US Corporate Bond Class Z2A USD 27.92% Managed Funds Managed Funds
3 M&G (1) US Short Duration Corporate Bond - 11.96% Managed Funds Managed Funds
4 M&G Feeder of Property Portfolio Class A GBP 10.18% Managed Funds Managed Funds
5 PIA US Deposit USD Ser B 0.02% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 GBP FWD ASSET 28 OCT 2024 6.65% Non-Classified Non-Classified
2 APPLE 3.59% Technology Hardware & Equipment United States
3 MICROSOFT CORPORATION 3.39% Software & Computer Services United States
4 NVIDIA CORPORATION 3.36% Technology Hardware & Equipment United States
5 AMAZON.COM 2.11% Retailers United States
6 GBP FWD ASSET 28 OCT 2024 1.68% Non-Classified Non-Classified
7 CBT US 5YR NOT (CB Dec24 1.57% Non-Classified Non-Classified
8 META PLATFORMS 1.42% Software & Computer Services United States
9 GBP FWD ASSET 28 OCT 2024 1.26% Non-Classified Non-Classified
10 ALPHABET INC 1.08% Software & Computer Services United States

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 B0MSS96
Mex Code SBPDDB
Isin Code IE00B0MSS965
Citi Code TJ79

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.27%
Yearly Total 1.57%

Aims and Benchmark

Aims Objective: The fund aims to deliver capital growth together with reinvested income over the longer term. Fund Investments: The fund primarily invests in US equity funds, US fixed income funds, UK property funds and cash. These assets are predominantly denominated in US dollars.
Benchmark Variable
Sector OI Mixed Investment 20-60% Shares

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.

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.