Prudential Wellington Global Impact Bond Ser A
Performance
Discrete performance - to last month end
| 31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
|---|---|---|---|---|---|
| Fund | n/a | n/a | n/a | n/a | 4.6% |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | n/a | n/a | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASIAN DEVELOPMENT BANK 7.8000% 03-15-34 | 429.72 |
| EUROPEAN INVESTMENT BANK RGSS 5.7500% 01-24-25 | 70.01 |
| ASIAN DEVELOPMENT BANK11.0000% 08-31-26 | 28.58 |
| HUNGARY GOVERNMENT BOND 4.5000% 05-27-32 | 10.22 |
| EUROPEAN INVESTMENT BANK 144A 5.7500% 01-24-25 | 8.93 |
| ASIAN DEVELOPMENT BANK 7.0000% 08-01-25 | 6.47 |
| IRS CNY 5 Fixed 2.2800% 03-20-29 | 5.36 |
| IRS JPY 30 Fixed 1.4100% 03-15-53 | 3.75 |
| JAPAN RAILWAY CONSTRUCTION TRA 0.5420% 05-27-50 | 1.79 |
| THAILAND GOVERNMENT BOND 1.5850% 12-17-35 | 1.25 |
| Total | 566.08 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Wellington Global Impact Bond Fund - the underlying fund.
Underlying Fund Objective: The fund seeks long-term total returns (capital appreciation and income). The fund has a sustainable objective to seek to understand the world's social and environmental problems and to invest in companies and organisations that it believes are addressing these needs in a differentiated way through their core products, services and projects. The fund through its investments, seeks to improve access to, and the quality of, basic life essentials, reduce inequality and mitigate the effects of climate change. The fund will be actively managed and seeks to deliver long-term total returns in excess of the Bloomberg Barclays Global Aggregate Index (USD Hedged) ("the Index") and achieve its objectives by investing primarily in investment-grade global fixed income securities.
Fund Manager
Campe is a fixed income portfolio manager with expertise in asset allocation across the major fixed income sectors. He manages the Multi-Sector Credit and Global Impact Bond strategies.
Fund Overview
| Bid (26/04/2024) | 94.80 |
| Offer (26/04/2024) | 99.80 |
| Fund size (31/03/2024) | £1.06m |
| Underlying Fund size | £607.77m |
| Number of holdings | 650 |
| Launch date | 10/08/2022 |
Fund Charges
| Annual Management Charge (AMC) | 1.35% |
| Further Costs | 0.00% |
| Yearly Total | 1.35% |
Asset Allocation
| International Bonds | 523.62% | |
| Cash and Equivalents | 65.63% | |
| UK Gilts | 0.65% | |
| UK Corporate Bonds | 0.22% | |
| Alternative Trading Strategies | -489.90% | |
| Other Assets | -0.21% |
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 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 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 | 523.62% | |
| Cash and Equivalents | 65.63% | |
| UK Gilts | 0.65% | |
| UK Corporate Bonds | 0.22% | |
| Alternative Trading Strategies | -489.90% | |
| Other Assets | -0.21% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 524.48% | - | - | - | |
| Cash and Equivalents | 65.63% | - | - | - | |
| Non-Classified | -0.21% | - | - | - | |
| Alternative Trading Strategies | -489.90% | - | - | - | |
| Alternative Trading Strategies | - | -489.90% | - | - | |
| Alternative Trading Strategies | - | - | -489.90% | - | |
| Alternative Trading Strategies | - | - | - | -489.90% | |
Regional Allocation
| Emerging Asia | 431.95% | |
| Developed Europe - Excl UK | 74.94% | |
| Cash and Equivalents | 65.63% | |
| Emerging Europe | 10.49% | |
| North America | 3.58% | |
| UK | 0.86% | |
| Australia & New Zealand | 0.24% | |
| South & Central America | 0.18% | |
| Developed Asia | 0.10% | |
| Other Regions | -487.96% |
Fixed Interest Currencies
| Rupiah | 499.74% | |
| Forint | 10.22% | |
| Euro | 4.49% | |
| US Dollar | 1.84% | |
| Yen | 1.79% | |
| Mexican Peso | 1.78% | |
| Other Currencies | -419.86% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 431.95% | - | |
Philippines
|
- | 430.66% | |
Thailand
|
- | 1.25% | |
South Korea
|
- | 0.03% | |
India
|
- | 0.01% | |
| Developed Europe - Excl UK | 74.94% | - | |
Luxembourg
|
- | 70.78% | |
Germany
|
- | 1.51% | |
France
|
- | 0.75% | |
Belgium
|
- | 0.62% | |
Spain
|
- | 0.30% | |
Italy
|
- | 0.27% | |
Denmark
|
- | 0.21% | |
Netherlands
|
- | 0.19% | |
Ireland
|
- | 0.14% | |
Austria
|
- | 0.12% | |
Sweden
|
- | 0.04% | |
| Cash and Equivalents | 65.63% | - | |
| Emerging Europe | 10.49% | - | |
Hungary
|
- | 10.29% | |
Romania
|
- | 0.11% | |
Poland
|
- | 0.05% | |
Czech Republic
|
- | 0.04% | |
Turkey
|
- | 0.01% | |
| North America | 3.58% | - | |
United States
|
- | 3.53% | |
Canada
|
- | 0.05% | |
| UK | 0.86% | - | |
United Kingdom
|
- | 0.86% | |
| Australia & New Zealand | 0.24% | - | |
Australia
|
- | 0.22% | |
New Zealand
|
- | 0.02% | |
| South & Central America | 0.18% | - | |
Chile
|
- | 0.05% | |
Peru
|
- | 0.05% | |
Mexico
|
- | 0.04% | |
Guatemala
|
- | 0.03% | |
Colombia
|
- | 0.01% | |
| Developed Asia | 0.10% | - | |
Singapore
|
- | 0.06% | |
Hong Kong
|
- | 0.04% | |
| Japan | 0.07% | - | |
Japan
|
- | 0.07% | |
| Middle East & Africa | 0.04% | - | |
Benin
|
- | 0.02% | |
Israel
|
- | 0.02% | |
Cote D'Ivoire
|
- | 0.01% | |
| Non-Classified | -488.08% | - | |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
73.63% |
| 5Yr - 10Yr Maturity |
|
15.44% |
| 10Yr - 15Yr Maturity |
|
432.37% |
| > 15Yr Maturity |
|
3.04% |
| Cash And Equivalents |
|
65.63% |
| Unknown Maturity |
|
-0.21% |
| Other Asset Types |
|
-489.90% |
Fixed Interest Quality Profile
| AAA |
|
5.30% |
| AA |
|
1.42% |
| A |
|
2.44% |
| BBB |
|
0.92% |
| Sub-Investment Grade |
|
0.09% |
| Unknown Quality |
|
514.31% |
| Cash and Equivalents |
|
65.63% |
| Other Asset Types |
|
-490.11% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASIAN DEVELOPMENT BANK 7.8000% 03-15-34 | 429.72% | Bonds | Philippines |
| 2 | EUROPEAN INVESTMENT BANK RGSS 5.7500% 01-24-25 | 70.01% | Bonds | Luxembourg |
| 3 | ASIAN DEVELOPMENT BANK11.0000% 08-31-26 | 28.58% | Non-Classified | Non-Classified |
| 4 | HUNGARY GOVERNMENT BOND 4.5000% 05-27-32 | 10.22% | Bonds | Hungary |
| 5 | EUROPEAN INVESTMENT BANK 144A 5.7500% 01-24-25 | 8.93% | Non-Classified | Non-Classified |
| 6 | ASIAN DEVELOPMENT BANK 7.0000% 08-01-25 | 6.47% | Non-Classified | Non-Classified |
| 7 | IRS CNY 5 Fixed 2.2800% 03-20-29 | 5.36% | Non-Classified | Non-Classified |
| 8 | IRS JPY 30 Fixed 1.4100% 03-15-53 | 3.75% | Non-Classified | Non-Classified |
| 9 | JAPAN RAILWAY CONSTRUCTION TRA 0.5420% 05-27-50 | 1.79% | Bonds | Non-Classified |
| 10 | THAILAND GOVERNMENT BOND 1.5850% 12-17-35 | 1.25% | Bonds | Thailand |
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 | BLFK034 |
| Mex Code | PRAAZE |
| Isin Code | GB00BLFK0349 |
| Citi Code | W5PE |
Fund Charges
| Annual Management Charge (AMC) | 1.35% |
| Further Costs | 0.00% |
| Yearly Total | 1.35% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Wellington Global Impact Bond Fund - the underlying fund. Underlying Fund Objective: The fund seeks long-term total returns (capital appreciation and income). The fund has a sustainable objective to seek to understand the world's social and environmental problems and to invest in companies and organisations that it believes are addressing these needs in a differentiated way through their core products, services and projects. The fund through its investments, seeks to improve access to, and the quality of, basic life essentials, reduce inequality and mitigate the effects of climate change. The fund will be actively managed and seeks to deliver long-term total returns in excess of the Bloomberg Barclays Global Aggregate Index (USD Hedged) ("the Index") and achieve its objectives by investing primarily in investment-grade global fixed income securities. |
| Benchmark | Bloomberg Barclays Global Aggregate Hedged to USD |
| ABI Sector | Global Fixed Interest |
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 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 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.