31/07/19 to 31/07/20 |
31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
|
---|---|---|---|---|---|
Fund | -9.2% | -0.1% | 11.6% | -14.7% | -9.4% |
Sector | -5.8% | 4.9% | 14.2% | -14.4% | -0.8% |
Rank | 73/97 | 79/97 | 72/97 | 32/97 | 85/97 |
Quartile | 3 | 4 | 3 | 2 | 4 |
Annualised | ||||
---|---|---|---|---|
3 Years to 31/07/24 |
5 Years to 31/07/24 |
10 Years to 31/07/24 |
||
Fund | -4.8% | -4.8% | 1.0% | |
Sector | -1.0% | -0.8% | 2.3% | |
Rank | 83/97 | 84/97 | 68/94 | |
Quartile | 4 | 4 | 3 |
Stock | % Weight |
---|---|
BNP PARIBAS LONDON BRANCH | 7.00 |
PORTLAND RIDING ESTATE 80 92 | 6.12 |
MEDWAY VALLEY LEISURE PARK ROC | 5.08 |
3 TEMPLE QUAY BRISTOL | 4.88 |
FREMLIN WALK | 4.14 |
SELLY OAK STUDENT QUARTER | 3.55 |
A1 A29 ALTENS IND EST ABERDEEN | 3.22 |
ORBITAL ONE TRADING ESTATE | 3.05 |
8 GREENWICH VIEW PLACE | 3.05 |
SOUTHWATER SQUARE, TELFORD | 2.87 |
Total | 42.97 |
Objective: The investment strategy of the fund is to purchase units in the M&G Property Portfolio (the underlying fund). However, the underlying fund is currently being wound up, and when it has sufficient liquidity, cash distributions will be received by the Prudential fund. The unit price and performance of the Prudential fund will now reflect the value of cash proceeds received from property sales as well as units held in the underlying fund. Underlying Fund Objective: The investment objective of the fund is to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In doing so, the Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure and Property Expense Ratio, than the average return of the IA UK Direct Property Sector over any five-year period. At least 70% of the fund is invested directly in a diversified portfolio of commercial property in the UK. This may be reduced to 60%, if it is considered prudent for liquidity management. The fund may also invest in other property related assets such as: • other types of property, including residential property; • property of any type outside the UK; • funds (including funds managed by M&G); and • transferable securities (such as shares and bonds); and money market instruments. For liquidity management, the fund may invest in cash; near cash; money market instruments; and government bonds, directly, or via funds (including funds managed by M&G). Derivatives may be used for investment purposes, efficient portfolio management and hedging.
.
Bid (23/08/2024) | 1205.40 |
Offer (23/08/2024) | 1268.80 |
Fund size (30/06/2024) | £26.91m |
Underlying Fund size | £0.00m |
Number of holdings | 85 |
Launch date | 31/08/2004 |
Annual Management Charge (AMC) | 1.00% |
Further Costs | 1.26% |
Yearly Total | 2.26% |
Property | 61.77% | |
Cash and Equivalents | 30.57% | |
Money Market | 5.20% | |
UK Equities | 1.43% | |
UK Corporate Bonds | 0.19% | |
International Bonds | 0.12% | |
Other Assets | 0.71% |
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.
This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.
You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.
For more information please refer to your policy or scheme documentation.
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 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.
Property | 61.77% | |
Cash and Equivalents | 30.57% | |
Money Market | 5.20% | |
UK Equities | 1.43% | |
UK Corporate Bonds | 0.19% | |
International Bonds | 0.12% | |
Other Assets | 0.71% |
Property | 61.77% | |
Cash and Equivalents | 35.77% | |
UK | 1.62% | |
Non-Classified | 0.71% | |
Developed Europe - Excl UK | 0.12% |
Non-Fixed Interest Assets | 69.12% | |
Cash | 30.57% | |
Pound Sterling | 0.31% |
Region | Country | ||
---|---|---|---|
Property | 61.77% | - | |
Cash and Equivalents | 35.77% | - | |
UK | 1.62% | - | |
![]() |
- | 1.62% | |
Non-Classified | 0.71% | - | |
Developed Europe - Excl UK | 0.12% | - | |
![]() |
- | 0.08% | |
![]() |
- | 0.04% |
SOUTH EAST | 41.64% | |
THE MIDLANDS | 16.25% | |
THE NORTH | 10.15% | |
CENTRAL LONDON | 4.08% | |
SOUTH WEST | 2.59% | |
OTHER | 25.30% |
Office | 33.77% | |
Industrial | 19.45% | |
Retail Warehouse | 18.30% | |
Shopping Centre | 11.08% | |
Shop | 10.30% | |
Other | 7.10% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | BNP PARIBAS LONDON BRANCH | 7.00% | Property | Direct Property and REITs |
2 | PORTLAND RIDING ESTATE 80 92 | 6.12% | Property | Direct Property and REITs |
3 | MEDWAY VALLEY LEISURE PARK ROC | 5.08% | Property | Direct Property and REITs |
4 | 3 TEMPLE QUAY BRISTOL | 4.88% | Property | Direct Property and REITs |
5 | FREMLIN WALK | 4.14% | Property | Direct Property and REITs |
6 | SELLY OAK STUDENT QUARTER | 3.55% | Property | Direct Property and REITs |
7 | A1 A29 ALTENS IND EST ABERDEEN | 3.22% | Property | Direct Property and REITs |
8 | ORBITAL ONE TRADING ESTATE | 3.05% | Property | Direct Property and REITs |
9 | 8 GREENWICH VIEW PLACE | 3.05% | Property | Direct Property and REITs |
10 | SOUTHWATER SQUARE, TELFORD | 2.87% | Property | Direct Property and REITs |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Real Estate | 1.43% | - | - | - | - | 4.35% | - | - | 5.78% |
Property | - | - | - | - | - | 57.42% | - | - | 57.42% |
Cash and Equivalents | - | - | - | - | - | - | - | 30.57% | 30.57% |
Bonds | - | - | 0.19% | 0.12% | - | - | - | - | 0.31% |
Non-Classified | - | - | - | - | - | - | 0.71% | 5.20% | 5.91% |
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.
This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.
You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.
For more information please refer to your policy or scheme documentation.
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).
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.
Sedol Code | B0334F8 |
Mex Code | PUPET |
Isin Code | GB00B0334F89 |
Citi Code | ILF7 |
Annual Management Charge (AMC) | 1.00% |
Further Costs | 1.26% |
Yearly Total | 2.26% |
Aims | Objective: The investment strategy of the fund is to purchase units in the M&G Property Portfolio (the underlying fund). However, the underlying fund is currently being wound up, and when it has sufficient liquidity, cash distributions will be received by the Prudential fund. The unit price and performance of the Prudential fund will now reflect the value of cash proceeds received from property sales as well as units held in the underlying fund. Underlying Fund Objective: The investment objective of the fund is to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In doing so, the Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure and Property Expense Ratio, than the average return of the IA UK Direct Property Sector over any five-year period. At least 70% of the fund is invested directly in a diversified portfolio of commercial property in the UK. This may be reduced to 60%, if it is considered prudent for liquidity management. The fund may also invest in other property related assets such as: • other types of property, including residential property; • property of any type outside the UK; • funds (including funds managed by M&G); and • transferable securities (such as shares and bonds); and money market instruments. For liquidity management, the fund may invest in cash; near cash; money market instruments; and government bonds, directly, or via funds (including funds managed by M&G). Derivatives may be used for investment purposes, efficient portfolio management and hedging. |
Benchmark | IA UK Direct Property |
ABI Sector | UK Direct Property |
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.
This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.
You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.
For more information please refer to your policy or scheme documentation.
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 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.
Ratio | Value |
---|---|
Alpha | -4.71 |
Beta | 0.88 |
Sharpe | 0.00 |
Standard Deviation | 5.94 |
Info Ratio | -1.30 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | Yes |
Emerging Markets | No |
Concentrated Portfolio | No |
Smaller Companies | No |
High Yield Bonds | No |
Sector Specific | No |
Geared Investments | No |
Value of Investments | Yes |
Investments Long Term | Yes |
Property | Yes |
Exchange Rate | No |
Higher Risk | No |
Performance Charges | No |
Derivative Exposure | No |
Offshore | No |
Income Eroding Capital Growth | No |
Umbrella Liabilities | No |
New Fund | No |
Solvency of Depository | Yes |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | Yes |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
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 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.
The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)
The value of a cash or currency fund may be affected if any of the institutions with which cash is deposited becomes insolvent or experiences other financial difficulties.
This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
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.
This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.
You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.
For more information please refer to your policy or scheme documentation.
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 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.
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.
This fund invests in property and land. This can be difficult to sell - so you may not be able to sell/cash in this investment when you want to. We may have to delay acting on your instructions to sell your investment.
Other than in very exceptional circumstances we would not expect delays to be longer than six months for investments in property and land.
You should look upon your investment in the property fund as being long-term, so 10 years or more. There are large costs when we buy and sell property. The allowance for these costs amongst other factors can lead to short-term falls in the price of units in the Property fund. The return achieved from investing in property is a combination of rental income and changes in the value of the property; which is generally a matter of a valuer’s opinion rather than fact.
For more information please refer to your policy or scheme documentation.
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 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.