WS Prudential Risk Managed Passive 5 Class P Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/05/20 to 31/05/21 |
31/05/21 to 31/05/22 |
31/05/22 to 31/05/23 |
31/05/23 to 31/05/24 |
31/05/24 to 31/05/25 |
|
|---|---|---|---|---|---|
| Fund | 17.8% | -0.2% | 0.0% | 10.3% | 7.3% |
| Benchmark | 19.5% | -1.1% | -1.3% | 10.6% | 4.6% |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/05/25 |
5 Years to 31/05/25 |
10 Years to 31/05/25 |
||
| Fund | 5.8% | 6.8% | n/a | |
| Benchmark | 4.5% | 6.2% | 5.1% | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 1.52 |
| ASTRAZENECA | 1.08 |
| HSBC HOLDINGS | 1.00 |
| SHELL | 1.00 |
| UNILEVER | 0.78 |
| L&G FREEHOLD PROPERTY | 0.77 |
| iShares iShares plc European Property Yield UCITS ETF EUR (Dist) | 0.55 |
| RELX | 0.51 |
| BRITISH AMERICAN TOBACCO | 0.50 |
| APPLE | 0.50 |
| Total | 8.21 |
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 17%. 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 17%. 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 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
| Mid (12/06/2025) | 158.76p |
| Historic yield | 2.35% |
| Fund size (31/05/2025) | £150.87m |
| Number of holdings | 21607 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.32% |
| Launch date | 09/09/2015 |
Asset Allocation
| International Equities | 40.88% | |
| International Bonds | 17.08% | |
| UK Equities | 15.90% | |
| Alternative Trading Strategies | 9.35% | |
| UK Corporate Bonds | 3.70% | |
| Cash and Equivalents | 3.34% | |
| Property | 2.94% | |
| Investment Trusts | 0.78% | |
| Money Market | 0.08% | |
| Other Assets | 5.94% |
Commentary
May 2025 Investment Summary
A positive month for the Passive range with returns ranging from +0.67% for Passive 1 to +2.74% for Passive 5.
*P Acc share class with data sourced from FE analytics as at 31 May 2025.
May 2025 was a positive month for markets and the portfolios, in absolute terms.
Most major equity markets recovered this month, following tariff de-escalation between the US and China, with a 90-day pause on new tariffs improving optimism. Emerging Markets continued to perform well, supported by a weaker US dollar, with Taiwan and Korea two of the strongest performers due to their role in the global tech supply chain. The FTSE 100 rose 3.8%, as markets were boosted by UK-US and UK-EU trade deals, with performance across the board improved and specifically within technology, industrials and consumer cyclical sectors. The Stoxx 600 gained 5.1% after advancements in US-EU trade talks helped ease recession fears, top performing sectors included industrials, information technology and financials with healthcare continuing to lag. The S&P 500 increased 6.3% and Nasdaq climbed 9.6% with technology, communications and consumer discretionary sectors the top performers, the largest fall came from healthcare. US/ China trade tensions improved over the month with both countries reducing tariffs for the next 90 days by 115%.
The US market’s tech sector led the rally, in what was US stocks biggest monthly rally since late 2023 with the S&P now in a technical bull market (up 20% from April lows). The Federal Reserve held interest rates in May, as Fed chair Jay Powell stated the central bank was in no “hurry” to change rates as it assesses the effects of tariffs and the “right thing to do is await further clarity”. 10 year US Government bond yields increased through the month, due to concerns over budget deficits, inflation and more hawkish Fed stance. A US debt downgraded rating from Moody’s further compounded the investor sell off in sovereign bonds. Yields closed at 4.41%, from 4.17% and reached highs of 4.58%.
May’s US labour market data showed payrolls increased by 139,000, beating forecasts in a sign of a slowing but robust jobs market, however this month’s lower figures adds pressure on Donald Trump as he contends with voter frustration over the economy. Unemployment held steady at 4.2%. US consumer confidence recovered from its lowest level since May 2020 and five consecutive monthly falls. Households were encouraged by the Trump tariff pullbacks, pauses and negotiations and specifically the US-China tariff deal.
Middle East tensions remain. The Israeli military struck two ports in Yemen in retaliation to Houthi missile fire towards Israel, with Prime Minister Netanyahu stating the attacks would continue until the Houthis backed down. The conflicts impact remains limited on the global economy, with lower oil prices more attributable to trade tensions and increased production from Saudi Arabia.
The economic environment has been resilient so far. The recent stumbling blocks posed to tariff implementation on the scale initially laid out, has offered a temporary reprieve for world leaders and policymakers. We expect markets to remain volatile as the legality of tariff imposition moves into the spotlight, meaning nations may pause or pivot on their efforts to strike trade deals with the US.
WS Prudential Risk Managed Passive - Tactical asset allocation activity
We maintain a small equity overweight of +1.5%, made up of a basket of US, Asia and GEM. We hold overweight positions in US Treasuries, UK Gilts and Real Estate (REITs), 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 Equities | 40.88% | |
| International Bonds | 17.08% | |
| UK Equities | 15.90% | |
| Alternative Trading Strategies | 9.35% | |
| UK Corporate Bonds | 3.70% | |
| Cash and Equivalents | 3.34% | |
| Property | 2.94% | |
| Investment Trusts | 0.78% | |
| Money Market | 0.08% | |
| Other Assets | 5.94% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 20.78% | - | - | - | |
| Financials | 12.50% | - | - | - | |
| Banks | - | 6.92% | - | - | |
| Banks | - | - | 6.92% | - | |
| Banks | - | - | - | 6.92% | |
| Financial Services | - | 3.40% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.92% | - | |
| Asset Managers & Custodians | - | - | - | 0.78% | |
| Investment Services | - | - | - | 0.69% | |
| Diversified Financial Services | - | - | - | 0.44% | |
| Equity Investment Instruments | - | - | 0.79% | - | |
| Equity Investment Instruments | - | - | - | 0.79% | |
| Finance & Credit Services | - | - | 0.70% | - | |
| Financial Data & Systems | - | - | - | 0.46% | |
| Consumer Lending | - | - | - | 0.20% | |
| Mortgage Finance | - | - | - | 0.04% | |
| Mortgage Real Estate Investment Trusts | - | - | 0.00% | - | |
| Mortgage REITs: Residential | - | - | - | 0.00% | |
| Insurance | - | 2.17% | - | - | |
| Non-life Insurance | - | - | 1.10% | - | |
| Property & Casualty Insurance | - | - | - | 0.49% | |
| Full Line Insurance | - | - | - | 0.40% | |
| Reinsurance | - | - | - | 0.14% | |
| Insurance Brokers | - | - | - | 0.07% | |
| Life Insurance | - | - | 1.07% | - | |
| Life Insurance | - | - | - | 1.07% | |
| Alternative Trading Strategies | 9.35% | - | - | - | |
| Alternative Trading Strategies | - | 9.35% | - | - | |
| Alternative Trading Strategies | - | - | 9.35% | - | |
| Alternative Trading Strategies | - | - | - | 9.35% | |
| Technology | 8.70% | - | - | - | |
| Technology | - | 8.70% | - | - | |
| Technology Hardware & Equipment | - | - | 4.45% | - | |
| Semiconductors | - | - | - | 2.80% | |
| Computer Hardware | - | - | - | 0.80% | |
| Production Technology Equipment | - | - | - | 0.41% | |
| Electronic Components | - | - | - | 0.39% | |
| Electronic Office Equipment | - | - | - | 0.05% | |
| Software & Computer Services | - | - | 4.24% | - | |
| Consumer Digital Services | - | - | - | 1.81% | |
| Software | - | - | - | 1.35% | |
| Computer Services | - | - | - | 1.08% | |
| Industrials | 7.78% | - | - | - | |
| Industrial Goods & Services | - | 6.95% | - | - | |
| Industrial Transportation | - | - | 1.57% | - | |
| Railroads | - | - | - | 0.66% | |
| Transportation Services | - | - | - | 0.33% | |
| Marine Transportation | - | - | - | 0.22% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.13% | |
| Delivery Services | - | - | - | 0.12% | |
| Commercial Vehicles & Parts | - | - | - | 0.08% | |
| Railroad Equipment | - | - | - | 0.03% | |
| Trucking | - | - | - | 0.01% | |
| Aerospace & Defence | - | - | 1.49% | - | |
| Aerospace | - | - | - | 0.88% | |
| Defense | - | - | - | 0.61% | |
| Industrial Support Services | - | - | 1.30% | - | |
| Professional Business Support Services | - | - | - | 0.56% | |
| Transaction Processing Services | - | - | - | 0.32% | |
| Industrial Suppliers | - | - | - | 0.24% | |
| Business Training & Employment Agencies | - | - | - | 0.13% | |
| Security Services | - | - | - | 0.04% | |
| Forms & Bulk Printing Services | - | - | - | 0.01% | |
| Electronic & Electrical Equipment | - | - | 0.94% | - | |
| Electrical Components | - | - | - | 0.50% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.24% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.15% | |
| Electronic Equipment: Other | - | - | - | 0.03% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.02% | |
| General Industrials | - | - | 0.91% | - | |
| Diversified Industrials | - | - | - | 0.73% | |
| Containers & Packaging | - | - | - | 0.09% | |
| Plastics | - | - | - | 0.04% | |
| Paints & Coatings | - | - | - | 0.03% | |
| Glass | - | - | - | 0.01% | |
| Industrial Engineering | - | - | 0.74% | - | |
| Machinery: Industrial | - | - | - | 0.38% | |
| Machinery: Construction & Handling | - | - | - | 0.19% | |
| Machinery: Tools | - | - | - | 0.05% | |
| Machinery: Engines | - | - | - | 0.05% | |
| Machinery: Specialty | - | - | - | 0.04% | |
| Machinery: Agricultural | - | - | - | 0.03% | |
| Construction & Materials | - | 0.83% | - | - | |
| Construction & Materials | - | - | 0.83% | - | |
| Cement | - | - | - | 0.20% | |
| Building Materials: Other | - | - | - | 0.19% | |
| Construction | - | - | - | 0.19% | |
| Engineering & Contracting Services | - | - | - | 0.11% | |
| Building: Climate Control | - | - | - | 0.11% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.03% | |
| Non-Classified | 6.72% | - | - | - | |
| Non-Classified | - | 0.17% | - | - | |
| Non-Classified | - | - | 0.17% | - | |
| Non-Classified | - | - | - | 0.17% | |
| Consumer Discretionary | 6.29% | - | - | - | |
| Consumer Products & Services | - | 1.82% | - | - | |
| Personal Goods | - | - | 0.61% | - | |
| Clothing & Accessories | - | - | - | 0.29% | |
| Luxury Items | - | - | - | 0.14% | |
| Footwear | - | - | - | 0.09% | |
| Cosmetics | - | - | - | 0.08% | |
| Leisure Goods | - | - | 0.51% | - | |
| Electronic Entertainment | - | - | - | 0.20% | |
| Consumer Electronics | - | - | - | 0.17% | |
| Toys | - | - | - | 0.06% | |
| Recreational Vehicles & Boats | - | - | - | 0.05% | |
| Recreational Products | - | - | - | 0.02% | |
| Photography | - | - | - | 0.01% | |
| Consumer Services | - | - | 0.38% | - | |
| Vending & Catering Service | - | - | - | 0.29% | |
| Consumer Services: Misc. | - | - | - | 0.07% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.01% | |
| Education Services | - | - | - | 0.01% | |
| Household Goods & Home Construction | - | - | 0.32% | - | |
| Home Construction | - | - | - | 0.23% | |
| Household Appliance | - | - | - | 0.06% | |
| Household Equipment & Products | - | - | - | 0.01% | |
| Household Furnishings | - | - | - | 0.01% | |
| Retail | - | 1.79% | - | - | |
| Retailers | - | - | 1.79% | - | |
| Diversified Retailers | - | - | - | 1.20% | |
| Apparel Retailers | - | - | - | 0.25% | |
| Specialty Retailers | - | - | - | 0.18% | |
| Home Improvement Retailers | - | - | - | 0.17% | |
| Automobiles & Parts | - | 1.18% | - | - | |
| Automobiles & Parts | - | - | 1.18% | - | |
| Automobiles | - | - | - | 0.88% | |
| Auto Parts | - | - | - | 0.25% | |
| Tires | - | - | - | 0.06% | |
| Auto Services | - | - | - | 0.00% | |
| Travel & Leisure | - | 1.01% | - | - | |
| Travel & Leisure | - | - | 1.01% | - | |
| Hotels & Motels | - | - | - | 0.25% | |
| Airlines | - | - | - | 0.22% | |
| Restaurants & Bars | - | - | - | 0.22% | |
| Casinos & Gambling | - | - | - | 0.19% | |
| Travel & Tourism | - | - | - | 0.11% | |
| Recreational Services | - | - | - | 0.03% | |
| Media | - | 0.49% | - | - | |
| Media | - | - | 0.49% | - | |
| Entertainment | - | - | - | 0.17% | |
| Media Agencies | - | - | - | 0.16% | |
| Publishing | - | - | - | 0.09% | |
| Radio & TV Broadcasters | - | - | - | 0.06% | |
| Health Care | 4.68% | - | - | - | |
| Health Care | - | 4.68% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.58% | - | |
| Pharmaceuticals | - | - | - | 3.13% | |
| Biotechnology | - | - | - | 0.45% | |
| Medical Equipment & Services | - | - | 0.76% | - | |
| Medical Equipment | - | - | - | 0.47% | |
| Medical Supplies | - | - | - | 0.24% | |
| Medical Services | - | - | - | 0.05% | |
| Health Care Providers | - | - | 0.35% | - | |
| Health Care Facilities | - | - | - | 0.16% | |
| Health Care Management Services | - | - | - | 0.14% | |
| Health Care Services | - | - | - | 0.05% | |
| Consumer Staples | 4.64% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.58% | - | - | |
| Beverages | - | - | 1.06% | - | |
| Distillers & Vintners | - | - | - | 0.47% | |
| Soft Drinks | - | - | - | 0.36% | |
| Brewers | - | - | - | 0.23% | |
| Tobacco | - | - | 0.78% | - | |
| Tobacco | - | - | - | 0.78% | |
| Food Producers | - | - | 0.74% | - | |
| Food Products | - | - | - | 0.66% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.05% | |
| Fruit & Grain Processing | - | - | - | 0.03% | |
| Sugar | - | - | - | 0.01% | |
| Personal Care, Drug & Grocery Stores | - | 2.06% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.06% | - | |
| Personal Products | - | - | - | 0.99% | |
| Food Retailers & Wholesalers | - | - | - | 0.74% | |
| Nondurable Household Products | - | - | - | 0.24% | |
| Drug Retailers | - | - | - | 0.08% | |
| Cash and Equivalents | 3.42% | - | - | - | |
| Utilities | 3.27% | - | - | - | |
| Utilities | - | 3.27% | - | - | |
| Electricity | - | - | 1.85% | - | |
| Conventional Electricity | - | - | - | 1.75% | |
| Alternative Electricity | - | - | - | 0.10% | |
| Gas, Water & Multi-utilities | - | - | 1.35% | - | |
| Multi-Utilities | - | - | - | 0.92% | |
| Water | - | - | - | 0.23% | |
| Gas Distribution | - | - | - | 0.20% | |
| Waste & Disposal Services | - | - | 0.06% | - | |
| Waste & Disposal Services | - | - | - | 0.06% | |
| Energy | 3.24% | - | - | - | |
| Energy | - | 3.24% | - | - | |
| Non-Renewable Energy | - | - | 3.15% | - | |
| Integrated Oil & Gas | - | - | - | 1.76% | |
| Pipelines | - | - | - | 0.66% | |
| Oil Refining and Marketing | - | - | - | 0.30% | |
| Oil: Crude Producers | - | - | - | 0.24% | |
| Coal | - | - | - | 0.10% | |
| Oil Equipment & Services | - | - | - | 0.08% | |
| Offshore Drilling & Other Services | - | - | - | 0.01% | |
| Renewable Energy | - | - | 0.09% | - | |
| Renewable Energy Equipment | - | - | - | 0.08% | |
| Alternative Fuels | - | - | - | 0.01% | |
| Real Estate | 2.91% | - | - | - | |
| Real Estate | - | 2.91% | - | - | |
| Real Estate Investment Trusts | - | - | 2.19% | - | |
| Diversified REITs | - | - | - | 0.45% | |
| Industrial REITs | - | - | - | 0.44% | |
| Retail REITs | - | - | - | 0.24% | |
| Residential REITs | - | - | - | 0.22% | |
| Infrastructure REITs | - | - | - | 0.21% | |
| Other Specialty REITs | - | - | - | 0.18% | |
| Office REITs | - | - | - | 0.17% | |
| Health Care REITs | - | - | - | 0.15% | |
| Storage REITs | - | - | - | 0.09% | |
| Hotel & Lodging REITs | - | - | - | 0.03% | |
| Timber REITs | - | - | - | 0.01% | |
| Real Estate Investment & Services | - | - | 0.72% | - | |
| Real Estate Holding and Development | - | - | - | 0.57% | |
| Real Estate Services | - | - | - | 0.15% | |
| Basic Materials | 2.88% | - | - | - | |
| Basic Resources | - | 2.16% | - | - | |
| Industrial Metals & Mining | - | - | 1.57% | - | |
| General Mining | - | - | - | 1.20% | |
| Iron & Steel | - | - | - | 0.23% | |
| Copper | - | - | - | 0.06% | |
| Metal Fabricating | - | - | - | 0.03% | |
| Nonferrous Metals | - | - | - | 0.03% | |
| Aluminum | - | - | - | 0.02% | |
| Precious Metals & Mining | - | - | 0.54% | - | |
| Gold Mining | - | - | - | 0.49% | |
| Platinum & Precious Metals | - | - | - | 0.04% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.06% | - | |
| Paper | - | - | - | 0.05% | |
| Diversified Materials | - | - | - | 0.01% | |
| Forestry | - | - | - | 0.01% | |
| Textile Products | - | - | - | 0.00% | |
| Chemicals | - | 0.71% | - | - | |
| Chemicals | - | - | 0.71% | - | |
| Chemicals: Diversified | - | - | - | 0.42% | |
| Specialty Chemicals | - | - | - | 0.24% | |
| Fertilizers | - | - | - | 0.03% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.03% | |
| Telecommunications | 2.08% | - | - | - | |
| Telecommunications | - | 2.08% | - | - | |
| Telecommunications Service Providers | - | - | 1.37% | - | |
| Telecommunications Services | - | - | - | 1.27% | |
| Cable Television Services | - | - | - | 0.10% | |
| Telecommunications Equipment | - | - | 0.70% | - | |
| Telecommunications Equipment | - | - | - | 0.70% | |
| Property | 0.77% | - | - | - | |
| Property | - | 0.77% | - | - | |
| Property | - | - | 0.77% | - | |
| Property | - | - | - | 0.77% | |
Regional Allocation
| UK | 19.57% | |
| North America | 18.30% | |
| Non-Classified | 17.83% | |
| Developed Europe - Excl UK | 12.37% | |
| Emerging Asia | 12.36% | |
| Japan | 4.56% | |
| Cash and Equivalents | 3.42% | |
| Property | 2.88% | |
| Australia & New Zealand | 2.67% | |
| Other Regions | 6.04% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 76.27% | |
| Pound Sterling | 9.44% | |
| US Dollar | 7.43% | |
| Cash | 2.95% | |
| Euro | 1.89% | |
| Rupiah | 0.27% | |
| Other Currencies | 1.73% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 19.57% | - | |
United Kingdom
|
- | 19.60% | |
| North America | 18.30% | - | |
United States
|
- | 16.33% | |
Canada
|
- | 1.97% | |
Bermuda
|
- | 0.00% | |
| Non-Classified | 17.83% | - | |
| Developed Europe - Excl UK | 12.37% | - | |
France
|
- | 2.59% | |
Germany
|
- | 2.12% | |
Netherlands
|
- | 1.76% | |
Switzerland
|
- | 1.46% | |
Luxembourg
|
- | 0.95% | |
Spain
|
- | 0.67% | |
Sweden
|
- | 0.61% | |
Italy
|
- | 0.60% | |
Ireland
|
- | 0.44% | |
Denmark
|
- | 0.40% | |
Belgium
|
- | 0.27% | |
Finland
|
- | 0.26% | |
Norway
|
- | 0.18% | |
Austria
|
- | 0.06% | |
Portugal
|
- | 0.02% | |
Iceland
|
- | 0.00% | |
Liechtenstein
|
- | 0.00% | |
| Emerging Asia | 12.36% | - | |
Taiwan
|
- | 3.09% | |
India
|
- | 2.88% | |
China
|
- | 2.59% | |
South Korea
|
- | 1.72% | |
Malaysia
|
- | 0.61% | |
Thailand
|
- | 0.47% | |
Indonesia
|
- | 0.41% | |
Philippines
|
- | 0.36% | |
Uzbekistan
|
- | 0.06% | |
Tajikistan
|
- | 0.03% | |
Pakistan
|
- | 0.03% | |
Viet Nam
|
- | 0.02% | |
Georgia
|
- | 0.02% | |
Papua New Guinea
|
- | 0.02% | |
Kazakhstan
|
- | 0.01% | |
Azerbaijan
|
- | 0.01% | |
Sri Lanka
|
- | 0.01% | |
Mongolia
|
- | 0.00% | |
Macau
|
- | 0.00% | |
Bangladesh
|
- | 0.00% | |
| Japan | 4.56% | - | |
Japan
|
- | 4.56% | |
| Cash and Equivalents | 3.42% | - | |
| Property | 2.88% | - | |
| Australia & New Zealand | 2.67% | - | |
Australia
|
- | 2.51% | |
New Zealand
|
- | 0.14% | |
New Caledonia
|
- | 0.03% | |
| Middle East & Africa | 2.57% | - | |
South Africa
|
- | 1.82% | |
Saudi Arabia
|
- | 0.17% | |
United Arab Emirates
|
- | 0.12% | |
Qatar
|
- | 0.06% | |
Cote D'Ivoire
|
- | 0.06% | |
Nigeria
|
- | 0.05% | |
Iraq
|
- | 0.04% | |
Benin
|
- | 0.04% | |
Egypt
|
- | 0.03% | |
Israel
|
- | 0.03% | |
Kuwait
|
- | 0.03% | |
Ghana
|
- | 0.02% | |
Rwanda
|
- | 0.02% | |
Morocco
|
- | 0.02% | |
Oman
|
- | 0.01% | |
Cameroon
|
- | 0.01% | |
Tunisia
|
- | 0.01% | |
Kenya
|
- | 0.01% | |
Senegal
|
- | 0.01% | |
Angola
|
- | 0.01% | |
Mozambique
|
- | 0.01% | |
Jordan
|
- | 0.01% | |
Gabon
|
- | 0.00% | |
Lebanon
|
- | 0.00% | |
Ethiopia
|
- | 0.00% | |
| Developed Asia | 1.85% | - | |
Hong Kong
|
- | 1.21% | |
Singapore
|
- | 0.64% | |
| South & Central America | 1.10% | - | |
Mexico
|
- | 0.27% | |
Brazil
|
- | 0.25% | |
Peru
|
- | 0.11% | |
Colombia
|
- | 0.10% | |
Argentina
|
- | 0.09% | |
Chile
|
- | 0.07% | |
Dominican Republic
|
- | 0.05% | |
Venezuela
|
- | 0.04% | |
Uruguay
|
- | 0.03% | |
Paraguay
|
- | 0.03% | |
Guatemala
|
- | 0.01% | |
Jamaica
|
- | 0.01% | |
Barbados
|
- | 0.01% | |
Suriname
|
- | 0.01% | |
Honduras
|
- | 0.01% | |
Ecuador
|
- | 0.01% | |
Cayman Islands
|
- | 0.01% | |
Trinidad and Tobago
|
- | 0.01% | |
Virgin Islands (British)
|
- | 0.01% | |
El Salvador
|
- | 0.00% | |
Costa Rica
|
- | 0.00% | |
Bolivia
|
- | 0.00% | |
| Emerging Europe | 0.53% | - | |
Turkey
|
- | 0.13% | |
Poland
|
- | 0.11% | |
Hungary
|
- | 0.07% | |
Greece
|
- | 0.06% | |
Romania
|
- | 0.06% | |
Ukraine
|
- | 0.04% | |
Czech Republic
|
- | 0.02% | |
Serbia
|
- | 0.02% | |
Bulgaria
|
- | 0.01% | |
Bosnia and Herzegowina
|
- | 0.00% | |
Montenegro
|
- | 0.00% | |
Albania
|
- | 0.00% | |
Slovenia
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
31.55% |
| Large |
|
13.38% |
| Medium |
|
6.75% |
| Small |
|
1.35% |
| Micro |
|
0.18% |
| Non-Classified |
|
22.58% |
| Bonds |
|
20.78% |
| Cash |
|
3.42% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
10.05% |
| 5Yr - 10Yr Maturity |
|
5.28% |
| 10Yr - 15Yr Maturity |
|
1.83% |
| > 15Yr Maturity |
|
3.62% |
| Cash And Equivalents |
|
3.42% |
| Unknown Maturity |
|
6.50% |
| Other Asset Types |
|
69.31% |
Fixed Interest Quality Profile
| AAA |
|
2.59% |
| AA |
|
1.47% |
| A |
|
4.56% |
| BBB |
|
5.43% |
| Sub-Investment Grade |
|
1.46% |
| Unknown Quality |
|
5.27% |
| Cash and Equivalents |
|
3.42% |
| Other Asset Types |
|
75.80% |
Top 10 Fund Holdings
| Name | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | BlackRock iShares UK Equity Index Class X | 16.58% | Managed Funds | Managed Funds |
| 2 | BlackRock iShares Corporate Bond Index Class X | 9.50% | Managed Funds | Managed Funds |
| 3 | BlackRock iShares Pacific ex Japan Equity Index Class X | 8.63% | Managed Funds | Managed Funds |
| 4 | M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc | 8.10% | Managed Funds | Managed Funds |
| 5 | BlackRock iShares US Equity Index Class X | 7.44% | Managed Funds | Managed Funds |
| 6 | Legal & General European Index Trust C | 6.34% | Managed Funds | Managed Funds |
| 7 | BlackRock (Dublin) iShares US Corporate Bond Index Fund | 4.34% | Managed Funds | Managed Funds |
| 8 | BlackRock iShares Japan Equity Index Class X | 3.97% | Managed Funds | Managed Funds |
| 9 | Legal & General Global Infrastructure Index Class C | 2.88% | Managed Funds | Managed Funds |
| 10 | BlackRock iShares Emerging Markets Equity Index Class X | 2.78% | Managed Funds | Managed Funds |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 1.52% | Technology Hardware & Equipment | Taiwan |
| 2 | ASTRAZENECA | 1.08% | Pharmaceuticals & Biotechnology | United Kingdom |
| 3 | HSBC HOLDINGS | 1.00% | Banks | United Kingdom |
| 4 | SHELL | 1.00% | Non-Renewable Energy | United Kingdom |
| 5 | UNILEVER | 0.78% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 6 | L&G FREEHOLD PROPERTY | 0.77% | Property | Direct Property and REITs |
| 7 | iShares iShares plc European Property Yield UCITS ETF EUR (Dist) | 0.55% | Non-Classified | Direct Property and REITs |
| 8 | RELX | 0.51% | Media | United Kingdom |
| 9 | BRITISH AMERICAN TOBACCO | 0.50% | Tobacco | United Kingdom |
| 10 | APPLE | 0.50% | Technology Hardware & Equipment | United States |
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 | BVYV083 |
| Mex Code | - |
| Isin Code | GB00BVYV0838 |
| Citi Code | MEME |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.32% |
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 17%. 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 17%. 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 Flexible Investment |
| 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 | £25000 |
| 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.