Prudential BlackRock Aquila Pacific Rim Equity Index S3
Performance
Discrete performance - to latest available quarter end
| 31/12/19 to 31/12/20 |
31/12/20 to 31/12/21 |
31/12/21 to 31/12/22 |
31/12/22 to 31/12/23 |
31/12/23 to 31/12/24 |
|
|---|---|---|---|---|---|
| Fund | 16.6% | -0.2% | 0.0% | 1.6% | -0.2% |
| Benchmark | 14.9% | 2.2% | -1.6% | 4.8% | -3.9% |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 4 2024 |
3 Years to 31/12/24 |
5 Years to 31/12/24 |
10 Years to 31/12/24 |
|
| Fund | -4.9% | 0.5% | 3.4% | 6.3% |
| Benchmark | -6.3% | -0.3% | 3.1% | 6.1% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| SAMSUNG ELECTRONICS CO. LTD | 5.95 |
| COMMONWEALTH BANK OF AUSTRALIA | 5.82 |
| BHP GROUP LIMITED | 4.35 |
| CSL LTD | 2.93 |
| NATIONAL AUSTRALIA BANK LIMITED | 2.70 |
| AIA GROUP LIMITED | 2.64 |
| SK HYNIX | 2.56 |
| WESTPAC BANKING CORPORATION | 2.53 |
| DBS GROUP HOLDINGS LTD | 2.30 |
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | 1.99 |
| Total | 33.77 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Blackrock Aquila Life Pacific Rim Equity Index Fund - the underlying fund.
Underlying Fund Objective: This fund invests in the shares of companies in the Pacific Rim and aims to achieve a return that is consistent with the return of the FTSE All-World Developed Asia Pacific ex-Japan Index.
Performance objective: To match the performance of the benchmark.
Fund Manager
BlackRock Team Managed
Fund Overview
| Daily price (04/03/2025) | 661.30 |
| Fund size (31/01/2025) | £2.74m |
| Underlying Fund size | £734.06m |
| Number of holdings | 388 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 30/04/2004 |
Asset Allocation
| International Equities | 93.43% | |
| Property | 4.00% | |
| Cash and Equivalents | 1.05% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 1.52% |
Commentary
Performance as at Q4 2024 -MSCI Asia Pacific ex Japan rose 12% in 2024 (-7.6% in Q4) with a few drawdown episodes (China equities volatilities in early year, unwinding of crowded positions across Artificial Intelligence (AI), Carry trades, etc, and a reversal after the US election. Taiwan (+34.5%) was the best performer in 2024 driven by AI. China (+19.7%) saw a recovery in H2 2024 due to hopes for more stimulus. India (+12.5%) continued its rally although it faded in Q4. Korea (-23.6%) was the worst performer dragged by Samsung underperformance, KRW deprecation, and reversal from the short selling ban-driven rally in the previous year. The fund outperformed the index by 2.8% this quarter. Stock selection drove to the majority of gains over the period, with muted returns from country, industry and risk factor exposures. Sentiment-based insights were the largest contributors this quarter. Momentum-driven insights in particular were additive, with those following sales data in Taiwan consensus and tracking mobile app usage to capture consumer being a few top performers. The Fund Managers also saw high efficiency in their machine-learned complex designed to combine the most optimal set of insights for alpha generation in APAC markets. Fundamental insights were also additive, with both valuation and quality-focused insights adding significant value. Earnings-related quality-based insights, along with those selecting companies with founding members on the board based on the notion that better business decisions will be made, leading to higher profitability, were among the top contributors. The Fund Managers saw mixed results from insights focused on China – while Fundamental insights drove a lot of the stock selection that added value here, Sentiment-based insights struggled to navigate the volatility observed in the country during the tail-end of the year. An overweight position in the Chinese Consumer Discretionary sector, an underweight in Materials across most Asia ex Japan countries, and Industrials names within Korea and India were the largest contributors to positive performance. Meanwhile, overweights in Communication Services and Energy sectors detracted slightly.
Source: BlackRock
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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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 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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 93.43% | |
| Property | 4.00% | |
| Cash and Equivalents | 1.05% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 1.52% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 32.23% | - | - | - | |
| Banks | - | 21.37% | - | - | |
| Banks | - | - | 21.37% | - | |
| Banks | - | - | - | 21.37% | |
| Insurance | - | 5.46% | - | - | |
| Life Insurance | - | - | 3.15% | - | |
| Life Insurance | - | - | - | 3.15% | |
| Non-life Insurance | - | - | 2.30% | - | |
| Property & Casualty Insurance | - | - | - | 1.59% | |
| Full Line Insurance | - | - | - | 0.57% | |
| Insurance Brokers | - | - | - | 0.14% | |
| Financial Services | - | 5.40% | - | - | |
| Investment Banking & Brokerage Services | - | - | 5.37% | - | |
| Investment Services | - | - | - | 4.43% | |
| Asset Managers & Custodians | - | - | - | 0.49% | |
| Diversified Financial Services | - | - | - | 0.44% | |
| Finance & Credit Services | - | - | 0.03% | - | |
| Consumer Lending | - | - | - | 0.03% | |
| Industrials | 9.69% | - | - | - | |
| Industrial Goods & Services | - | 8.59% | - | - | |
| Industrial Transportation | - | - | 2.53% | - | |
| Marine Transportation | - | - | - | 1.24% | |
| Transportation Services | - | - | - | 0.82% | |
| Railroads | - | - | - | 0.28% | |
| Delivery Services | - | - | - | 0.13% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.06% | |
| General Industrials | - | - | 2.48% | - | |
| Diversified Industrials | - | - | - | 1.21% | |
| Containers & Packaging | - | - | - | 1.16% | |
| Glass | - | - | - | 0.06% | |
| Plastics | - | - | - | 0.03% | |
| Paints & Coatings | - | - | - | 0.02% | |
| Electronic & Electrical Equipment | - | - | 1.37% | - | |
| Electrical Components | - | - | - | 1.37% | |
| Industrial Engineering | - | - | 1.19% | - | |
| Machinery: Tools | - | - | - | 0.66% | |
| Machinery: Construction & Handling | - | - | - | 0.28% | |
| Machinery: Industrial | - | - | - | 0.24% | |
| Aerospace & Defence | - | - | 0.57% | - | |
| Aerospace | - | - | - | 0.57% | |
| Industrial Support Services | - | - | 0.46% | - | |
| Business Training & Employment Agencies | - | - | - | 0.17% | |
| Professional Business Support Services | - | - | - | 0.17% | |
| Industrial Suppliers | - | - | - | 0.07% | |
| Security Services | - | - | - | 0.03% | |
| Transaction Processing Services | - | - | - | 0.01% | |
| Construction & Materials | - | 1.10% | - | - | |
| Construction & Materials | - | - | 1.10% | - | |
| Building Materials: Other | - | - | - | 0.57% | |
| Engineering & Contracting Services | - | - | - | 0.26% | |
| Construction | - | - | - | 0.16% | |
| Building: Climate Control | - | - | - | 0.11% | |
| Basic Materials | 9.24% | - | - | - | |
| Basic Resources | - | 8.68% | - | - | |
| Industrial Metals & Mining | - | - | 8.03% | - | |
| General Mining | - | - | - | 6.39% | |
| Iron & Steel | - | - | - | 1.47% | |
| Nonferrous Metals | - | - | - | 0.13% | |
| Copper | - | - | - | 0.04% | |
| Precious Metals & Mining | - | - | 0.65% | - | |
| Gold Mining | - | - | - | 0.65% | |
| Chemicals | - | 0.56% | - | - | |
| Chemicals | - | - | 0.56% | - | |
| Chemicals: Diversified | - | - | - | 0.42% | |
| Specialty Chemicals | - | - | - | 0.11% | |
| Fertilizers | - | - | - | 0.03% | |
| Consumer Discretionary | 9.20% | - | - | - | |
| Travel & Leisure | - | 2.92% | - | - | |
| Travel & Leisure | - | - | 2.92% | - | |
| Casinos & Gambling | - | - | - | 2.13% | |
| Airlines | - | - | - | 0.62% | |
| Travel & Tourism | - | - | - | 0.08% | |
| Restaurants & Bars | - | - | - | 0.06% | |
| Hotels & Motels | - | - | - | 0.03% | |
| Retail | - | 2.34% | - | - | |
| Retailers | - | - | 2.34% | - | |
| Diversified Retailers | - | - | - | 2.02% | |
| Specialty Retailers | - | - | - | 0.27% | |
| Apparel Retailers | - | - | - | 0.05% | |
| Automobiles & Parts | - | 2.07% | - | - | |
| Automobiles & Parts | - | - | 2.07% | - | |
| Automobiles | - | - | - | 1.54% | |
| Auto Parts | - | - | - | 0.45% | |
| Tires | - | - | - | 0.07% | |
| Consumer Products & Services | - | 1.71% | - | - | |
| Personal Goods | - | - | 0.71% | - | |
| Clothing & Accessories | - | - | - | 0.50% | |
| Cosmetics | - | - | - | 0.11% | |
| Luxury Items | - | - | - | 0.06% | |
| Footwear | - | - | - | 0.05% | |
| Leisure Goods | - | - | 0.48% | - | |
| Electronic Entertainment | - | - | - | 0.45% | |
| Consumer Electronics | - | - | - | 0.03% | |
| Household Goods & Home Construction | - | - | 0.36% | - | |
| Household Appliance | - | - | - | 0.33% | |
| Household Furnishings | - | - | - | 0.03% | |
| Consumer Services | - | - | 0.16% | - | |
| Vending & Catering Service | - | - | - | 0.08% | |
| Education Services | - | - | - | 0.08% | |
| Media | - | 0.17% | - | - | |
| Media | - | - | 0.17% | - | |
| Entertainment | - | - | - | 0.11% | |
| Media Agencies | - | - | - | 0.04% | |
| Radio & TV Broadcasters | - | - | - | 0.01% | |
| Telecommunications | 8.18% | - | - | - | |
| Telecommunications | - | 8.18% | - | - | |
| Telecommunications Equipment | - | - | 6.84% | - | |
| Telecommunications Equipment | - | - | - | 6.84% | |
| Telecommunications Service Providers | - | - | 1.34% | - | |
| Telecommunications Services | - | - | - | 1.34% | |
| Health Care | 6.93% | - | - | - | |
| Health Care | - | 6.93% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 4.81% | - | |
| Biotechnology | - | - | - | 4.47% | |
| Pharmaceuticals | - | - | - | 0.33% | |
| Medical Equipment & Services | - | - | 1.64% | - | |
| Medical Equipment | - | - | - | 0.86% | |
| Medical Supplies | - | - | - | 0.48% | |
| Medical Services | - | - | - | 0.30% | |
| Health Care Providers | - | - | 0.49% | - | |
| Health Care Services | - | - | - | 0.31% | |
| Health Care Facilities | - | - | - | 0.18% | |
| Technology | 6.49% | - | - | - | |
| Technology | - | 6.49% | - | - | |
| Technology Hardware & Equipment | - | - | 3.69% | - | |
| Semiconductors | - | - | - | 2.56% | |
| Electronic Components | - | - | - | 0.53% | |
| Computer Hardware | - | - | - | 0.38% | |
| Production Technology Equipment | - | - | - | 0.22% | |
| Software & Computer Services | - | - | 2.80% | - | |
| Consumer Digital Services | - | - | - | 1.32% | |
| Software | - | - | - | 1.11% | |
| Computer Services | - | - | - | 0.37% | |
| Real Estate | 6.47% | - | - | - | |
| Real Estate | - | 6.47% | - | - | |
| Real Estate Investment Trusts | - | - | 4.35% | - | |
| Industrial REITs | - | - | - | 1.74% | |
| Retail REITs | - | - | - | 1.29% | |
| Diversified REITs | - | - | - | 0.59% | |
| Residential REITs | - | - | - | 0.27% | |
| Office REITs | - | - | - | 0.25% | |
| Other Specialty REITs | - | - | - | 0.14% | |
| Hotel & Lodging REITs | - | - | - | 0.06% | |
| Real Estate Investment & Services | - | - | 2.12% | - | |
| Real Estate Holding and Development | - | - | - | 1.85% | |
| Real Estate Services | - | - | - | 0.27% | |
| Consumer Staples | 3.19% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 1.70% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.70% | - | |
| Food Retailers & Wholesalers | - | - | - | 1.62% | |
| Personal Products | - | - | - | 0.08% | |
| Food, Beverage & Tobacco | - | 1.49% | - | - | |
| Food Producers | - | - | 0.70% | - | |
| Food Products | - | - | - | 0.54% | |
| Fruit & Grain Processing | - | - | - | 0.16% | |
| Beverages | - | - | 0.53% | - | |
| Distillers & Vintners | - | - | - | 0.20% | |
| Soft Drinks | - | - | - | 0.17% | |
| Brewers | - | - | - | 0.16% | |
| Tobacco | - | - | 0.25% | - | |
| Tobacco | - | - | - | 0.25% | |
| Utilities | 3.02% | - | - | - | |
| Utilities | - | 3.02% | - | - | |
| Electricity | - | - | 1.49% | - | |
| Conventional Electricity | - | - | - | 0.90% | |
| Alternative Electricity | - | - | - | 0.58% | |
| Gas, Water & Multi-utilities | - | - | 1.36% | - | |
| Multi-Utilities | - | - | - | 1.05% | |
| Gas Distribution | - | - | - | 0.31% | |
| Waste & Disposal Services | - | - | 0.18% | - | |
| Waste & Disposal Services | - | - | - | 0.18% | |
| Energy | 2.78% | - | - | - | |
| Energy | - | 2.78% | - | - | |
| Non-Renewable Energy | - | - | 2.74% | - | |
| Oil: Crude Producers | - | - | - | 1.57% | |
| Oil Refining and Marketing | - | - | - | 0.60% | |
| Coal | - | - | - | 0.38% | |
| Pipelines | - | - | - | 0.19% | |
| Renewable Energy | - | - | 0.05% | - | |
| Renewable Energy Equipment | - | - | - | 0.05% | |
| Non-Classified | 1.52% | - | - | - | |
| Non-Classified | - | 1.23% | - | - | |
| Non-Classified | - | - | 1.23% | - | |
| Non-Classified | - | - | - | 1.23% | |
| Cash and Equivalents | 1.05% | - | - | - | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| Australia & New Zealand | 45.90% | |
| Emerging Asia | 26.65% | |
| Developed Asia | 19.98% | |
| Property | 3.95% | |
| Non-Classified | 1.53% | |
| Cash and Equivalents | 1.05% | |
| Developed Europe - Excl UK | 0.79% | |
| North America | 0.15% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.96% | |
| Cash | 1.02% | |
| Won | 0.02% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Australia & New Zealand | 45.90% | - | |
Australia
|
- | 43.45% | |
New Zealand
|
- | 2.45% | |
| Emerging Asia | 26.65% | - | |
South Korea
|
- | 26.54% | |
Thailand
|
- | 0.11% | |
Malaysia
|
- | 0.00% | |
| Developed Asia | 19.98% | - | |
Hong Kong
|
- | 11.91% | |
Singapore
|
- | 8.08% | |
| Property | 3.95% | - | |
| Non-Classified | 1.53% | - | |
| Cash and Equivalents | 1.05% | - | |
| Developed Europe - Excl UK | 0.79% | - | |
Ireland
|
- | 0.51% | |
Italy
|
- | 0.14% | |
Luxembourg
|
- | 0.14% | |
| North America | 0.15% | - | |
United States
|
- | 0.15% | |
Breakdown By Market Cap (%)
| Mega |
|
50.97% |
| Large |
|
27.66% |
| Medium |
|
15.09% |
| Small |
|
0.57% |
| Micro |
|
0.01% |
| Non-Classified |
|
4.65% |
| Cash |
|
1.05% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | SAMSUNG ELECTRONICS CO. LTD | 5.95% | Telecommunications Equipment | South Korea |
| 2 | COMMONWEALTH BANK OF AUSTRALIA | 5.82% | Banks | Australia |
| 3 | BHP GROUP LIMITED | 4.35% | Industrial Metals & Mining | Australia |
| 4 | CSL LTD | 2.93% | Pharmaceuticals & Biotechnology | Australia |
| 5 | NATIONAL AUSTRALIA BANK LIMITED | 2.70% | Banks | Australia |
| 6 | AIA GROUP LIMITED | 2.64% | Life Insurance | Hong Kong |
| 7 | SK HYNIX | 2.56% | Technology Hardware & Equipment | South Korea |
| 8 | WESTPAC BANKING CORPORATION | 2.53% | Banks | Australia |
| 9 | DBS GROUP HOLDINGS LTD | 2.30% | Banks | Singapore |
| 10 | AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | 1.99% | Banks | Australia |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 6.49% | - | - | - | - | - | - | 6.49% |
| Telecommunications | - | 8.18% | - | - | - | - | - | - | 8.18% |
| Financials | - | 32.23% | - | - | - | - | - | - | 32.23% |
| Real Estate | - | 2.46% | - | - | - | 4.00% | 0.14% | - | 6.61% |
| Consumer Discretionary | - | 9.20% | - | - | - | - | - | - | 9.20% |
| Consumer Staples | - | 3.19% | - | - | - | - | - | - | 3.19% |
| Energy | - | 2.78% | - | - | - | - | - | - | 2.78% |
| Utilities | - | 3.02% | - | - | - | - | - | - | 3.02% |
| Health Care | - | 6.93% | - | - | - | - | - | - | 6.93% |
| Industrials | - | 9.69% | - | - | - | - | 0.03% | - | 9.72% |
| Basic Materials | - | 9.24% | - | - | - | - | - | - | 9.24% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.05% | 1.05% |
| Non-Classified | - | - | - | - | - | - | 1.35% | - | 1.35% |
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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | 3420133 |
| Mex Code | PUCPI |
| Isin Code | GB0034201334 |
| Citi Code | P561 |
Fund Charges
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Blackrock Aquila Life Pacific Rim Equity Index Fund - the underlying fund. Underlying Fund Objective: This fund invests in the shares of companies in the Pacific Rim and aims to achieve a return that is consistent with the return of the FTSE All-World Developed Asia Pacific ex-Japan Index. Performance objective: To match the performance of the benchmark. |
| Benchmark | FTSE All World Developed Asia Pacific ex Japan Net of Tax GBP |
| ABI Sector | Asia Pacific excluding Japan Equities |
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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 0.03 |
| Beta | 0.68 |
| Sharpe | 0.00 |
| Standard Deviation | 11.67 |
| Info Ratio | -0.09 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| 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 | No |
| Exchange Rate | Yes |
| 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 | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | No |
| Inflation | No |
| Taxation and Tax Relief | No |
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.
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.
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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.
We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.
Higher Risk
These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.
Help
Important Information
This factsheet is intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation 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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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 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 intended for the advisers of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. You should refer to your client's scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme 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 infomation or make any warranties regarding results from its usage.
'Prudential' is a trading name of Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.