AXA Investment Managers UK Ltd AXA Framlington Global Sustainable Managed Class Z Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/01/20 to 31/01/21 |
31/01/21 to 31/01/22 |
31/01/22 to 31/01/23 |
31/01/23 to 31/01/24 |
31/01/24 to 31/01/25 |
|
|---|---|---|---|---|---|
| Fund | 7.0% | 3.5% | -4.5% | 8.4% | 13.9% |
| Sector | 5.3% | 6.0% | -2.3% | 4.4% | 12.7% |
| Rank | 72/174 | 144/186 | 151/196 | 19/204 | 74/219 |
| Quartile | 2 | 4 | 4 | 1 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/01/25 |
5 Years to 31/01/25 |
10 Years to 31/01/25 |
||
| Fund | 5.6% | 5.5% | 6.6% | |
| Sector | 4.7% | 5.1% | 5.6% | |
| Rank | 70/196 | 79/174 | 25/107 | |
| Quartile | 2 | 2 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| APPLE | 1.85 |
| MICROSOFT CORPORATION | 1.65 |
| ASTRAZENECA | 1.51 |
| Government Of Japan 0.1% 20-sep-2026 | 1.49 |
| ALPHABET INC | 1.48 |
| PROGRESSIVE CORPORATION (THE) | 1.39 |
| INTUITIVE SURGICAL | 1.39 |
| AMERICAN EXPRESS COMPANY | 1.33 |
| FRESHPET | 1.32 |
| AMAZON.COM | 1.26 |
| Total | 14.66 |
Fund Aims
The aim of this Fund is to provide long-term capital growth over a period of 5 years or more.
The Fund invests in shares of listed companies which the Manager believes will provide above-average returns. The Fund invests in companies of any size and based anywhere in the world (including emerging markets). The Manager seeks to reduce the impact on the Fund of fluctuations in value of equity markets by investing in bonds issued by developed market governments. The Fund’s typical asset mix ranges between 60 – 85% of its Net Asset Value in shares, with the remainder being mainly in bonds and cash. The Manager invests in issuers of shares of listed companies which it believes have leading or improving environmental, social and governance (ESG) practices. These companies will either demonstrate leadership on sustainability issues (such as promoting better social outcomes, increasing the amount of renewable energy and using the planet’s resources more sustainably and increased digitalisation) through strong ESG practices (“leaders”) or will have shown a clear commitment to improve their ESG practices (“companies in transition”). The majority of the Fund’s equity investments (50% or more) will be in “leaders”. The Manager will actively engage on sustainability issues with a particular focus on “companies in transition”. When selecting shares, the Manager will also analyse a company’s financial status, quality of its management, expected profitability and prospects for growth. In selecting investments(bonds and shares), the Manager will take into account the company’s or issuer’s ESG score as one factor within its broader analysis of the company or issuer to identify investments which are expected to generate long-term capital growth. The Manager believes that companies and issuers with higher or improving ESG scores manage risk associated with ESG issues more effectively, contributing to better financial performance of such companies and issuers in the long term. ESG scores are obtained from our selected external provider(s) as detailed in the “Responsible Investment” section above. The “Responsible Investment” section of this prospectus contains details on our selected external provider(s). The Manager will only consider the lowest scoring companies or issuers in exceptional circumstances.
Fund Manager
Jamie joined AXA Framlington in 2003 as an investment manager responsible for charity, pension and private client portfolios. He began his career in 1996 as a graduate trainee with Wise Speke, a regional private client stockbroking firm. The company subsequently became part of Brewin Dolphin, where he worked as a private client portfolio manager. Jamie graduated from Exeter University in 1996 with a BA (Hons) degree in Economic History and Politics. He is a Fellow of the Securities Institute (FSI).
Fund Overview
| Mid (04/02/2025) | 248.40p |
| Historic yield | 1.18% |
| Fund size (30/09/2024) | £883.20m |
| Number of holdings | 170 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.68% |
| Launch date | 31/12/1992 |
Asset Allocation
| International Equities | 57.21% | |
| UK Equities | 25.08% | |
| International Bonds | 8.54% | |
| UK Gilts | 6.15% | |
| Cash and Equivalents | 2.00% | |
| Property | 1.02% |
Commentary
Main changes to the portfolio during August There were no significant changes to asset allocation during August. At the stock level we were reasonably active but there were few new investments and in general we used new cash to add to existing holdings. In the UK, however, we made a new investment in Marks & Spencer, which appears to be bucking the dull trend in the high street and we expect forecast upgrades.
Factors affecting performance during August World equity markets were strong in August though sterling's strength reduced returns for sterling based investors. The UK equity market also underperformed in local currency terms. The US Federal Reserve Board's decision to leave interest rates unchanged produced a change in expectations for interest rates and a better tone in markets. Bond yields also fell as a result and bonds produced positive returns. Global earnings estimates continue to be revised up in aggregate though the picture was more mixed than of late with oils and banks still strong. In the UK the FTSE 100 lagged the rest of the market, returning only 0.3%. The decision by the Monetary Policy Committee to increase interest rates to 4.75% was not expected but nevertheless the FTSE 250 and FTSE SmallCap indices were much stronger and returned 2.9% and 2.1% respectively.
Current market influences and outlook The economic and corporate news background continues to be positive for equities and we remain generally sanguine about the level of markets. Valuations do not, however, look particularly compelling so we expect only modest progress in the coming months. We continue to search for situations that can add value even if markets move little.
Past performance is not a guide to future performance. Source: AXA Framlington
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | 57.21% | |
| UK Equities | 25.08% | |
| International Bonds | 8.54% | |
| UK Gilts | 6.15% | |
| Cash and Equivalents | 2.00% | |
| Property | 1.02% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 15.46% | - | - | - | |
| Technology | - | 15.46% | - | - | |
| Software & Computer Services | - | - | 9.57% | - | |
| Software | - | - | - | 7.37% | |
| Consumer Digital Services | - | - | - | 1.48% | |
| Computer Services | - | - | - | 0.73% | |
| Technology Hardware & Equipment | - | - | 5.89% | - | |
| Semiconductors | - | - | - | 2.40% | |
| Computer Hardware | - | - | - | 1.92% | |
| Production Technology Equipment | - | - | - | 1.19% | |
| Electronic Office Equipment | - | - | - | 0.38% | |
| Bonds | 14.69% | - | - | - | |
| Financials | 13.37% | - | - | - | |
| Financial Services | - | 6.43% | - | - | |
| Investment Banking & Brokerage Services | - | - | 5.62% | - | |
| Investment Services | - | - | - | 2.77% | |
| Asset Managers & Custodians | - | - | - | 2.48% | |
| Diversified Financial Services | - | - | - | 0.37% | |
| Finance & Credit Services | - | - | 0.81% | - | |
| Financial Data & Systems | - | - | - | 0.81% | |
| Insurance | - | 4.93% | - | - | |
| Life Insurance | - | - | 2.51% | - | |
| Life Insurance | - | - | - | 2.51% | |
| Non-life Insurance | - | - | 2.42% | - | |
| Property & Casualty Insurance | - | - | - | 1.84% | |
| Full Line Insurance | - | - | - | 0.57% | |
| Banks | - | 2.01% | - | - | |
| Banks | - | - | 2.01% | - | |
| Banks | - | - | - | 2.01% | |
| Industrials | 13.10% | - | - | - | |
| Industrial Goods & Services | - | 11.70% | - | - | |
| Industrial Support Services | - | - | 5.11% | - | |
| Transaction Processing Services | - | - | - | 2.77% | |
| Professional Business Support Services | - | - | - | 1.34% | |
| Business Training & Employment Agencies | - | - | - | 0.46% | |
| Industrial Suppliers | - | - | - | 0.35% | |
| Security Services | - | - | - | 0.19% | |
| Electronic & Electrical Equipment | - | - | 3.18% | - | |
| Electrical Components | - | - | - | 2.88% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.30% | |
| Industrial Engineering | - | - | 1.29% | - | |
| Machinery: Construction & Handling | - | - | - | 1.29% | |
| General Industrials | - | - | 0.93% | - | |
| Diversified Industrials | - | - | - | 0.93% | |
| Industrial Transportation | - | - | 0.66% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.66% | |
| Aerospace & Defence | - | - | 0.54% | - | |
| Defense | - | - | - | 0.54% | |
| Construction & Materials | - | 1.40% | - | - | |
| Construction & Materials | - | - | 1.40% | - | |
| Building Materials: Other | - | - | - | 1.04% | |
| Construction | - | - | - | 0.36% | |
| Consumer Discretionary | 11.85% | - | - | - | |
| Retail | - | 3.61% | - | - | |
| Retailers | - | - | 3.61% | - | |
| Diversified Retailers | - | - | - | 2.48% | |
| Specialty Retailers | - | - | - | 0.58% | |
| Apparel Retailers | - | - | - | 0.55% | |
| Travel & Leisure | - | 3.52% | - | - | |
| Travel & Leisure | - | - | 3.52% | - | |
| Travel & Tourism | - | - | - | 1.14% | |
| Restaurants & Bars | - | - | - | 1.14% | |
| Recreational Services | - | - | - | 0.79% | |
| Hotels & Motels | - | - | - | 0.44% | |
| Consumer Products & Services | - | 2.87% | - | - | |
| Leisure Goods | - | - | 1.22% | - | |
| Electronic Entertainment | - | - | - | 0.98% | |
| Consumer Electronics | - | - | - | 0.24% | |
| Personal Goods | - | - | 0.94% | - | |
| Cosmetics | - | - | - | 0.54% | |
| Clothing & Accessories | - | - | - | 0.40% | |
| Household Goods & Home Construction | - | - | 0.71% | - | |
| Home Construction | - | - | - | 0.71% | |
| Automobiles & Parts | - | 1.31% | - | - | |
| Automobiles & Parts | - | - | 1.31% | - | |
| Automobiles | - | - | - | 1.02% | |
| Auto Parts | - | - | - | 0.29% | |
| Media | - | 0.55% | - | - | |
| Media | - | - | 0.55% | - | |
| Media Agencies | - | - | - | 0.55% | |
| Health Care | 11.77% | - | - | - | |
| Health Care | - | 11.77% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.04% | - | |
| Pharmaceuticals | - | - | - | 4.88% | |
| Biotechnology | - | - | - | 1.16% | |
| Medical Equipment & Services | - | - | 5.73% | - | |
| Medical Equipment | - | - | - | 3.00% | |
| Medical Supplies | - | - | - | 2.73% | |
| Consumer Staples | 4.66% | - | - | - | |
| Food, Beverage & Tobacco | - | 3.74% | - | - | |
| Food Producers | - | - | 3.74% | - | |
| Food Products | - | - | - | 3.74% | |
| Personal Care, Drug & Grocery Stores | - | 0.92% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.92% | - | |
| Personal Products | - | - | - | 0.66% | |
| Nondurable Household Products | - | - | - | 0.26% | |
| Basic Materials | 3.67% | - | - | - | |
| Basic Resources | - | 2.08% | - | - | |
| Industrial Metals & Mining | - | - | 2.08% | - | |
| General Mining | - | - | - | 0.90% | |
| Copper | - | - | - | 0.60% | |
| Metal Fabricating | - | - | - | 0.58% | |
| Chemicals | - | 1.58% | - | - | |
| Chemicals | - | - | 1.58% | - | |
| Chemicals: Diversified | - | - | - | 1.58% | |
| Real Estate | 3.48% | - | - | - | |
| Real Estate | - | 3.48% | - | - | |
| Real Estate Investment Trusts | - | - | 2.33% | - | |
| Diversified REITs | - | - | - | 1.02% | |
| Infrastructure REITs | - | - | - | 0.80% | |
| Storage REITs | - | - | - | 0.51% | |
| Real Estate Investment & Services | - | - | 1.15% | - | |
| Real Estate Holding and Development | - | - | - | 0.63% | |
| Real Estate Services | - | - | - | 0.52% | |
| Utilities | 2.81% | - | - | - | |
| Utilities | - | 2.81% | - | - | |
| Electricity | - | - | 1.90% | - | |
| Conventional Electricity | - | - | - | 1.90% | |
| Gas, Water & Multi-utilities | - | - | 0.75% | - | |
| Multi-Utilities | - | - | - | 0.75% | |
| Waste & Disposal Services | - | - | 0.16% | - | |
| Waste & Disposal Services | - | - | - | 0.16% | |
| Telecommunications | 2.00% | - | - | - | |
| Telecommunications | - | 2.00% | - | - | |
| Telecommunications Service Providers | - | - | 1.68% | - | |
| Telecommunications Services | - | - | - | 1.68% | |
| Telecommunications Equipment | - | - | 0.32% | - | |
| Telecommunications Equipment | - | - | - | 0.32% | |
| Cash and Equivalents | 2.00% | - | - | - | |
| Energy | 1.16% | - | - | - | |
| Energy | - | 1.16% | - | - | |
| Non-Renewable Energy | - | - | 0.89% | - | |
| Integrated Oil & Gas | - | - | - | 0.89% | |
| Renewable Energy | - | - | 0.27% | - | |
| Alternative Fuels | - | - | - | 0.27% | |
Regional Allocation
| North America | 34.02% | |
| UK | 31.23% | |
| Developed Europe - Excl UK | 16.74% | |
| Japan | 9.79% | |
| Australia & New Zealand | 2.34% | |
| Cash and Equivalents | 2.00% | |
| Developed Asia | 1.33% | |
| Emerging Asia | 1.18% | |
| Property | 1.02% | |
| Other Regions | 0.35% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 83.32% | |
| Pound Sterling | 6.15% | |
| US Dollar | 5.23% | |
| Cash | 2.00% | |
| Yen | 1.73% | |
| Euro | 1.20% | |
| Swiss Franc | 0.37% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 34.02% | - | |
United States
|
- | 34.02% | |
| UK | 31.23% | - | |
United Kingdom
|
- | 31.23% | |
| Developed Europe - Excl UK | 16.74% | - | |
France
|
- | 3.85% | |
Switzerland
|
- | 3.74% | |
Germany
|
- | 2.88% | |
Spain
|
- | 1.38% | |
Ireland
|
- | 1.36% | |
Denmark
|
- | 0.91% | |
Italy
|
- | 0.87% | |
Netherlands
|
- | 0.72% | |
Finland
|
- | 0.43% | |
Belgium
|
- | 0.36% | |
Norway
|
- | 0.21% | |
| Japan | 9.79% | - | |
Japan
|
- | 9.79% | |
| Australia & New Zealand | 2.34% | - | |
Australia
|
- | 2.34% | |
| Cash and Equivalents | 2.00% | - | |
| Developed Asia | 1.33% | - | |
Hong Kong
|
- | 1.33% | |
| Emerging Asia | 1.18% | - | |
China
|
- | 0.52% | |
Taiwan
|
- | 0.34% | |
South Korea
|
- | 0.32% | |
| Property | 1.02% | - | |
| Middle East & Africa | 0.21% | - | |
South Africa
|
- | 0.21% | |
| South & Central America | 0.14% | - | |
Mexico
|
- | 0.14% | |
Breakdown By Market Cap (%)
| Mega |
|
47.73% |
| Large |
|
16.35% |
| Medium |
|
11.16% |
| Small |
|
2.70% |
| Micro |
|
1.32% |
| Non-Classified |
|
4.06% |
| Bonds |
|
14.69% |
| Cash |
|
2.00% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | APPLE | 1.85% | Technology Hardware & Equipment | United States |
| 2 | MICROSOFT CORPORATION | 1.65% | Software & Computer Services | United States |
| 3 | ASTRAZENECA | 1.51% | Pharmaceuticals & Biotechnology | United Kingdom |
| 4 | Government Of Japan 0.1% 20-sep-2026 | 1.49% | Bonds | Japan |
| 5 | ALPHABET INC | 1.48% | Software & Computer Services | United States |
| 6 | PROGRESSIVE CORPORATION (THE) | 1.39% | Non-life Insurance | United States |
| 7 | INTUITIVE SURGICAL | 1.39% | Medical Equipment & Services | United States |
| 8 | AMERICAN EXPRESS COMPANY | 1.33% | Industrial Support Services | United States |
| 9 | FRESHPET | 1.32% | Food Producers | United States |
| 10 | AMAZON.COM | 1.26% | Retailers | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.13% | 14.33% | - | - | - | - | - | - | 15.46% |
| Telecommunications | 0.70% | 1.30% | - | - | - | - | - | - | 2.00% |
| Financials | 5.46% | 7.91% | - | 0.37% | - | - | - | - | 13.74% |
| Real Estate | 1.66% | 0.80% | - | - | - | 1.02% | - | - | 3.48% |
| Consumer Discretionary | 2.00% | 9.85% | - | - | - | - | - | - | 11.85% |
| Consumer Staples | 1.53% | 3.13% | - | - | - | - | - | - | 4.66% |
| Energy | 1.16% | - | - | - | - | - | - | - | 1.16% |
| Utilities | 1.66% | 1.15% | - | - | - | - | - | - | 2.81% |
| Health Care | 3.54% | 8.23% | - | - | - | - | - | - | 11.77% |
| Industrials | 4.77% | 8.34% | - | - | - | - | - | - | 13.10% |
| Basic Materials | 1.48% | 2.19% | - | - | - | - | - | - | 3.67% |
| Cash and Equivalents | - | - | - | - | - | - | - | 2.00% | 2.00% |
| Bonds | - | - | - | 8.17% | 6.15% | - | - | - | 14.32% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | B7MMHK1 |
| Mex Code | FRMGBC |
| Isin Code | GB00B7MMHK16 |
| Citi Code | 11VL |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.68% |
Aims and Benchmark
| Aims | The aim of this Fund is to provide long-term capital growth over a period of 5 years or more. The Fund invests in shares of listed companies which the Manager believes will provide above-average returns. The Fund invests in companies of any size and based anywhere in the world (including emerging markets). The Manager seeks to reduce the impact on the Fund of fluctuations in value of equity markets by investing in bonds issued by developed market governments. The Fund’s typical asset mix ranges between 60 – 85% of its Net Asset Value in shares, with the remainder being mainly in bonds and cash. The Manager invests in issuers of shares of listed companies which it believes have leading or improving environmental, social and governance (ESG) practices. These companies will either demonstrate leadership on sustainability issues (such as promoting better social outcomes, increasing the amount of renewable energy and using the planet’s resources more sustainably and increased digitalisation) through strong ESG practices (“leaders”) or will have shown a clear commitment to improve their ESG practices (“companies in transition”). The majority of the Fund’s equity investments (50% or more) will be in “leaders”. The Manager will actively engage on sustainability issues with a particular focus on “companies in transition”. When selecting shares, the Manager will also analyse a company’s financial status, quality of its management, expected profitability and prospects for growth. In selecting investments(bonds and shares), the Manager will take into account the company’s or issuer’s ESG score as one factor within its broader analysis of the company or issuer to identify investments which are expected to generate long-term capital growth. The Manager believes that companies and issuers with higher or improving ESG scores manage risk associated with ESG issues more effectively, contributing to better financial performance of such companies and issuers in the long term. ESG scores are obtained from our selected external provider(s) as detailed in the “Responsible Investment” section above. The “Responsible Investment” section of this prospectus contains details on our selected external provider(s). The Manager will only consider the lowest scoring companies or issuers in exceptional circumstances. |
| Benchmark | IA Mixed Investment 40-85% Shares |
| Benchmark Category | - |
| IA Sector | Mixed Investment 40-85% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | Unit Trust |
| Launch price | £0.50 |
| 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 January | 28 February |
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 | The National Westminster Bank plc |
| Fund Administrator | Internal |
| Fund Registrar | DST Financial Services Europe |
| Fund Custodian | HSBC Bank plc |
Group Details
| Group name | AXA Investment Managers UK Limited |
| Group address | Broker Services Team AXA Investment Managers 7 Newgate Street London EC1A 7NX |
| Group telephone | 020 7003 1234 |
| Dealing telephone | 0207 0031234 |
| broker.services@axa-im.com | |
| Homepage | www.axa-im.com |
| Fax number | 020 7003 2313 |
Dealing
| Minimum Investment | £100000 |
| Minimum Top Up | £5000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -1.02 |
| Beta | 1.31 |
| Sharpe | 0.20 |
| Standard Deviation | 10.50 |
| Info Ratio | 0.12 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | Yes |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Income Eroding Capital Growth
The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.