Prudential Asia Pacific S2
Performance
Discrete performance - to last month end
| 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 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | 34.5% | 2.3% | 1.4% | 4.4% | 6.6% |
| Sector | 42.5% | -3.2% | -3.7% | -0.1% | 4.9% |
| Rank | 78/97 | 34/97 | 13/97 | 34/97 | 32/97 |
| Quartile | 4 | 2 | 1 | 2 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | 4.1% | 9.2% | 4.8% | |
| Sector | 0.3% | 6.8% | 5.0% | |
| Rank | 8/97 | 28/97 | 62/91 | |
| Quartile | 1 | 2 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 8.04 |
| AIA GROUP LIMITED | 4.43 |
| SAMSUNG ELECTRONICS CO. LTD | 3.59 |
| HDFC BANK LIMITED | 2.75 |
| AMCOR | 2.58 |
| USD FWD ASSET 15 JUL 2025 | 2.04 |
| UNITED OVERSEAS BANK LIMITED | 2.04 |
| TENCENT HOLDINGS LIMITED | 2.02 |
| SUN HUNG KAI PROPERTIES LIMITED | 1.99 |
| BOC HONG KONG (HOLDINGS) LIMITED | 1.96 |
| Total | 31.46 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G Funds (1) - Asia Pacific (ex Japan) Equity fund - the underlying fund.
Underlying Fund Objective: The Sub-Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than the FTSE Custom Asia Pacific ex Japan Country Capped Index over any three-year period.
Fund Manager
David joined the M&G Equity team in September 2019 as the co-Head of Asia Pacific Equity Investments. He is the fund manager for the China strategy, and deputy fund manager of the M&G Japan Fund and M&G Japan Smaller Companies Fund.
David began his investment career in 1991 in the graduate scheme with Prudential Portfolio Managers in London before becoming the Asian Equity Strategist the following year. Later, as the regional strategist and regional director for Prudential Portfolio Managers (Hong Kong and Singapore), he worked with the CEO to introduce a new investment process.
In 2001, David became the Chief Investment Officer, Life & Institutional for Prudential Asset Management (Hong Kong), managing a large team of investment professionals and assets across the Asia Pacific region.
From 2004, David was the Managing Director and Portfolio Manager for the Fundamental Investment Group (FIG) of UBS Securities. Responsible for directly investing UBS’s proprietary capital across the Asia Pacific region via an absolute return, fundamentally driven long-short strategy. He subsequently moved to UBS O’Connor Asia ex Japan Long-Short Equity strategy within the same role following restructuring in UBS Securities in 2012.
David co-founded Port Meadow Capital Management in 2014, where he ran pan Asian longshort equity strategies for institutional clients.
He graduated from the London School of Economics with a Bachelor of Science, Economics and also holds a Master of Science from the University of London.
Fund Overview
| Bid (28/04/2025) | 951.20 |
| Offer (28/04/2025) | 1001.30 |
| Fund size (28/02/2025) | £22.41m |
| Number of holdings | 105 |
| Launch date | 25/05/1990 |
Fund Charges
| Annual Management Charge (AMC) | 1.00% |
| Further Costs | 0.08% |
| Yearly Total | 1.08% |
Asset Allocation
| International Equities | 95.16% | |
| Property | 1.71% | |
| Cash and Equivalents | 0.74% | |
| Other Assets | 2.38% |
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 net 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.
