Prudential UK Equity Index S3
Performance
Discrete performance - to latest available quarter end
| 30/06/19 to 30/06/20 |
30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
|
|---|---|---|---|---|---|
| Fund | -12.7% | 21.2% | 0.8% | 7.7% | 15.2% |
| Benchmark | -13.0% | 21.5% | 1.6% | 7.9% | 13.0% |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 2 2024 |
3 Years to 30/06/24 |
5 Years to 30/06/24 |
10 Years to 30/06/24 |
|
| Fund | 5.3% | 7.7% | 5.8% | 6.0% |
| Benchmark | 3.7% | 7.4% | 5.5% | 5.9% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 8.07 |
| HSBC HOLDINGS | 6.40 |
| SHELL | 6.29 |
| UNILEVER | 4.24 |
| BP | 3.61 |
| RELX | 3.41 |
| DIAGEO | 3.19 |
| LONDON STOCK EXCHANGE GROUP | 2.82 |
| BAE SYSTEMS | 2.39 |
| RECKITT BENCKISER GROUP | 2.28 |
| Total | 42.70 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G PP UK Equity Index Fund – the underlying fund.
Underlying fund objective: The fund gains its exposure via the M&G (ACS) BlackRock UK All Share Equity fund. The underlying fund aims to be fully invested in the equity securities and equity related securities of companies that are constituents of the FTSE All Share Index. Within the index-related limits, the Investment Manager uses a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as the Index in order to meet the fund’s investment objective. In addition the Investment Manager aims to reflect a fundamental ESG approach by overweighting its investments in securities which score well against the Investment Manager’s ESG research framework, and underweighting the securities which score less well.
Performance Objective: The fund aims to provide a total return (i.e. capital growth plus income), gross of the Ongoing Charges Figure, over any three year period.
Fund Manager
Nigel Booth is head of index funds and manages some 20 index funds. Before joining Prudential Group, he was responsible for index/passive funds and derivatives dealing at Clerical Medical Investment Management (now Insight Investment). Nigel graduated in business studies.
Fund Overview
| Daily price (01/07/2024) | 382.00 |
| Fund size (31/05/2024) | £55.86m |
| Underlying Fund size | £98.44m |
| Number of holdings | 459 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 06/04/2001 |
Asset Allocation
| UK Equities | 88.98% | |
| Cash and Equivalents | 3.01% | |
| International Equities | 2.51% | |
| Investment Trusts | 2.35% | |
| Property | 1.70% | |
| Alternative Trading Strategies | 0.10% | |
| Other Assets | 1.37% |
Commentary
Performance as at Q1 2024 - The UK stockmarket made a positive start to the year as share prices extended their recent advance. However, the UK continued to lag other regions and the global market index in the first quarter, as investor confidence was hurt by the lacklustre economic outlook. The UK entered a technical recession last year, after posting two consecutive quarters of negative economic growth. Sentiment improved towards the end of the quarter when the Bank of England indicated that progress in bringing inflation down towards the 2% target increased the possibility of interest rate cuts ahead. From a sector perspective, industrials led the way, while financials and healthcare also outperformed the broader market. In contrast, materials was the weakest sector. Real estate and utilities were notable laggards too. Meanwhile, large-cap stocks in the FTSE 100 Index outperformed smaller companies
Source: M&G
Important Information
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
| UK Equities | 88.98% | |
| Cash and Equivalents | 3.01% | |
| International Equities | 2.51% | |
| Investment Trusts | 2.35% | |
| Property | 1.70% | |
| Alternative Trading Strategies | 0.10% | |
| Other Assets | 1.37% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 22.14% | - | - | - | |
| Banks | - | 9.94% | - | - | |
| Banks | - | - | 9.94% | - | |
| Banks | - | - | - | 9.94% | |
| Financial Services | - | 9.64% | - | - | |
| Investment Banking & Brokerage Services | - | - | 4.28% | - | |
| Asset Managers & Custodians | - | - | - | 3.92% | |
| Investment Services | - | - | - | 0.36% | |
| Diversified Financial Services | - | - | - | 0.00% | |
| Finance & Credit Services | - | - | 2.99% | - | |
| Financial Data & Systems | - | - | - | 2.82% | |
| Consumer Lending | - | - | - | 0.18% | |
| Equity Investment Instruments | - | - | 2.37% | - | |
| Equity Investment Instruments | - | - | - | 2.37% | |
| Insurance | - | 2.56% | - | - | |
| Life Insurance | - | - | 2.39% | - | |
| Life Insurance | - | - | - | 2.39% | |
| Non-life Insurance | - | - | 0.17% | - | |
| Property & Casualty Insurance | - | - | - | 0.15% | |
| Full Line Insurance | - | - | - | 0.02% | |
| Consumer Staples | 14.46% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 8.37% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 8.37% | - | |
| Personal Products | - | - | - | 4.24% | |
| Nondurable Household Products | - | - | - | 2.28% | |
| Food Retailers & Wholesalers | - | - | - | 1.85% | |
| Food, Beverage & Tobacco | - | 6.09% | - | - | |
| Beverages | - | - | 4.58% | - | |
| Distillers & Vintners | - | - | - | 3.34% | |
| Soft Drinks | - | - | - | 1.24% | |
| Food Producers | - | - | 1.51% | - | |
| Food Products | - | - | - | 1.50% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
| Industrials | 11.93% | - | - | - | |
| Industrial Goods & Services | - | 11.45% | - | - | |
| Aerospace & Defence | - | - | 4.62% | - | |
| Defense | - | - | - | 2.65% | |
| Aerospace | - | - | - | 1.98% | |
| Industrial Support Services | - | - | 2.41% | - | |
| Professional Business Support Services | - | - | - | 1.93% | |
| Industrial Suppliers | - | - | - | 0.31% | |
| Transaction Processing Services | - | - | - | 0.10% | |
| Business Training & Employment Agencies | - | - | - | 0.04% | |
| Security Services | - | - | - | 0.03% | |
| General Industrials | - | - | 1.82% | - | |
| Containers & Packaging | - | - | - | 1.44% | |
| Diversified Industrials | - | - | - | 0.38% | |
| Industrial Transportation | - | - | 0.93% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.73% | |
| Transportation Services | - | - | - | 0.19% | |
| Delivery Services | - | - | - | 0.01% | |
| Industrial Engineering | - | - | 0.85% | - | |
| Machinery: Industrial | - | - | - | 0.49% | |
| Machinery: Construction & Handling | - | - | - | 0.31% | |
| Machinery: Specialty | - | - | - | 0.05% | |
| Electronic & Electrical Equipment | - | - | 0.82% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.38% | |
| Electrical Components | - | - | - | 0.34% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.10% | |
| Construction & Materials | - | 0.48% | - | - | |
| Construction & Materials | - | - | 0.48% | - | |
| Construction | - | - | - | 0.35% | |
| Building Materials: Other | - | - | - | 0.08% | |
| Engineering & Contracting Services | - | - | - | 0.05% | |
| Consumer Discretionary | 11.47% | - | - | - | |
| Media | - | 5.19% | - | - | |
| Media | - | - | 5.19% | - | |
| Publishing | - | - | - | 4.10% | |
| Media Agencies | - | - | - | 0.98% | |
| Radio & TV Broadcasters | - | - | - | 0.11% | |
| Entertainment | - | - | - | 0.00% | |
| Consumer Products & Services | - | 3.20% | - | - | |
| Consumer Services | - | - | 1.85% | - | |
| Vending & Catering Service | - | - | - | 1.83% | |
| Consumer Services: Misc. | - | - | - | 0.02% | |
| Household Goods & Home Construction | - | - | 1.21% | - | |
| Home Construction | - | - | - | 1.20% | |
| Household Furnishings | - | - | - | 0.01% | |
| Personal Goods | - | - | 0.14% | - | |
| Clothing & Accessories | - | - | - | 0.14% | |
| Leisure Goods | - | - | 0.00% | - | |
| Electronic Entertainment | - | - | - | 0.00% | |
| Travel & Leisure | - | 1.76% | - | - | |
| Travel & Leisure | - | - | 1.76% | - | |
| Hotels & Motels | - | - | - | 1.10% | |
| Restaurants & Bars | - | - | - | 0.30% | |
| Travel & Tourism | - | - | - | 0.23% | |
| Airlines | - | - | - | 0.10% | |
| Recreational Services | - | - | - | 0.03% | |
| Retail | - | 1.24% | - | - | |
| Retailers | - | - | 1.24% | - | |
| Diversified Retailers | - | - | - | 0.57% | |
| Home Improvement Retailers | - | - | - | 0.55% | |
| Specialty Retailers | - | - | - | 0.11% | |
| Apparel Retailers | - | - | - | 0.01% | |
| Automobiles & Parts | - | 0.08% | - | - | |
| Automobiles & Parts | - | - | 0.08% | - | |
| Auto Parts | - | - | - | 0.05% | |
| Automobiles | - | - | - | 0.03% | |
| Health Care | 10.73% | - | - | - | |
| Health Care | - | 10.73% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 10.36% | - | |
| Pharmaceuticals | - | - | - | 10.33% | |
| Biotechnology | - | - | - | 0.02% | |
| Medical Equipment & Services | - | - | 0.37% | - | |
| Medical Supplies | - | - | - | 0.22% | |
| Medical Equipment | - | - | - | 0.15% | |
| Energy | 10.29% | - | - | - | |
| Energy | - | 10.29% | - | - | |
| Non-Renewable Energy | - | - | 10.29% | - | |
| Integrated Oil & Gas | - | - | - | 9.90% | |
| Oil: Crude Producers | - | - | - | 0.27% | |
| Oil Equipment & Services | - | - | - | 0.12% | |
| Basic Materials | 6.08% | - | - | - | |
| Basic Resources | - | 5.28% | - | - | |
| Industrial Metals & Mining | - | - | 4.93% | - | |
| General Mining | - | - | - | 3.74% | |
| Copper | - | - | - | 0.79% | |
| Metal Fabricating | - | - | - | 0.32% | |
| Iron & Steel | - | - | - | 0.08% | |
| Precious Metals & Mining | - | - | 0.34% | - | |
| Gold Mining | - | - | - | 0.27% | |
| Platinum & Precious Metals | - | - | - | 0.07% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.01% | - | |
| Diversified Materials | - | - | - | 0.01% | |
| Chemicals | - | 0.80% | - | - | |
| Chemicals | - | - | 0.80% | - | |
| Chemicals: Diversified | - | - | - | 0.78% | |
| Specialty Chemicals | - | - | - | 0.02% | |
| Cash and Equivalents | 3.01% | - | - | - | |
| Utilities | 2.74% | - | - | - | |
| Utilities | - | 2.74% | - | - | |
| Gas, Water & Multi-utilities | - | - | 2.26% | - | |
| Multi-Utilities | - | - | - | 1.53% | |
| Water | - | - | - | 0.73% | |
| Electricity | - | - | 0.47% | - | |
| Conventional Electricity | - | - | - | 0.47% | |
| Waste & Disposal Services | - | - | 0.01% | - | |
| Waste & Disposal Services | - | - | - | 0.01% | |
| Real Estate | 2.20% | - | - | - | |
| Real Estate | - | 2.20% | - | - | |
| Real Estate Investment Trusts | - | - | 2.11% | - | |
| Industrial REITs | - | - | - | 0.73% | |
| Diversified REITs | - | - | - | 0.56% | |
| Storage REITs | - | - | - | 0.27% | |
| Residential REITs | - | - | - | 0.19% | |
| Office REITs | - | - | - | 0.14% | |
| Other Specialty REITs | - | - | - | 0.10% | |
| Health Care REITs | - | - | - | 0.07% | |
| Retail REITs | - | - | - | 0.05% | |
| Real Estate Investment & Services | - | - | 0.09% | - | |
| Real Estate Holding and Development | - | - | - | 0.05% | |
| Real Estate Services | - | - | - | 0.04% | |
| Non-Classified | 2.01% | - | - | - | |
| Technology | 1.63% | - | - | - | |
| Technology | - | 1.63% | - | - | |
| Software & Computer Services | - | - | 1.57% | - | |
| Software | - | - | - | 0.91% | |
| Consumer Digital Services | - | - | - | 0.47% | |
| Computer Services | - | - | - | 0.19% | |
| Technology Hardware & Equipment | - | - | 0.06% | - | |
| Production Technology Equipment | - | - | - | 0.02% | |
| Electronic Components | - | - | - | 0.02% | |
| Semiconductors | - | - | - | 0.02% | |
| Telecommunications | 1.24% | - | - | - | |
| Telecommunications | - | 1.24% | - | - | |
| Telecommunications Service Providers | - | - | 1.21% | - | |
| Telecommunications Services | - | - | - | 1.21% | |
| Telecommunications Equipment | - | - | 0.03% | - | |
| Telecommunications Equipment | - | - | - | 0.03% | |
| Alternative Trading Strategies | 0.10% | - | - | - | |
| Alternative Trading Strategies | - | 0.10% | - | - | |
| Alternative Trading Strategies | - | - | 0.10% | - | |
| Alternative Trading Strategies | - | - | - | 0.10% | |
Regional Allocation
| UK | 88.74% | |
| Non-Classified | 4.02% | |
| Cash and Equivalents | 3.01% | |
| Developed Europe - Excl UK | 1.97% | |
| Property | 1.95% | |
| Middle East & Africa | 0.17% | |
| North America | 0.13% | |
| Developed Asia | 0.01% | |
| South & Central America | 0.01% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.82% | |
| Cash | 1.10% | |
| Pound Sterling | 0.08% | |
| US Dollar | 0.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 88.74% | - | |
United Kingdom
|
- | 89.08% | |
| Non-Classified | 4.02% | - | |
| Cash and Equivalents | 3.01% | - | |
| Developed Europe - Excl UK | 1.97% | - | |
Ireland
|
- | 1.28% | |
Switzerland
|
- | 0.45% | |
Germany
|
- | 0.19% | |
Netherlands
|
- | 0.04% | |
Luxembourg
|
- | 0.01% | |
France
|
- | 0.01% | |
Sweden
|
- | 0.00% | |
| Property | 1.95% | - | |
| Middle East & Africa | 0.17% | - | |
Israel
|
- | 0.17% | |
| North America | 0.13% | - | |
United States
|
- | 0.13% | |
Canada
|
- | 0.00% | |
| Developed Asia | 0.01% | - | |
Hong Kong
|
- | 0.01% | |
| South & Central America | 0.01% | - | |
Cayman Islands
|
- | 0.01% | |
Breakdown By Market Cap (%)
| Mega |
|
52.02% |
| Large |
|
17.21% |
| Medium |
|
11.97% |
| Small |
|
4.04% |
| Micro |
|
0.51% |
| Non-Classified |
|
11.24% |
| Cash |
|
3.01% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 8.07% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | HSBC HOLDINGS | 6.40% | Banks | United Kingdom |
| 3 | SHELL | 6.29% | Non-Renewable Energy | United Kingdom |
| 4 | UNILEVER | 4.24% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 5 | BP | 3.61% | Non-Renewable Energy | United Kingdom |
| 6 | RELX | 3.41% | Media | United Kingdom |
| 7 | DIAGEO | 3.19% | Beverages | United Kingdom |
| 8 | LONDON STOCK EXCHANGE GROUP | 2.82% | Finance & Credit Services | United Kingdom |
| 9 | BAE SYSTEMS | 2.39% | Aerospace & Defence | United Kingdom |
| 10 | RECKITT BENCKISER GROUP | 2.28% | Personal Care, Drug & Grocery Stores | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.54% | 0.09% | - | - | - | - | - | - | 1.63% |
| Telecommunications | 1.24% | - | - | - | - | - | - | - | 1.24% |
| Financials | 19.60% | 0.19% | - | - | - | - | 2.35% | - | 22.14% |
| Real Estate | 0.60% | - | - | - | - | 1.60% | - | - | 2.20% |
| Consumer Discretionary | 11.21% | 0.26% | - | - | - | - | - | - | 11.47% |
| Consumer Staples | 13.59% | 0.87% | - | - | - | - | - | - | 14.46% |
| Energy | 10.29% | - | - | - | - | - | - | - | 10.29% |
| Utilities | 2.74% | - | - | - | - | - | 0.10% | - | 2.84% |
| Health Care | 10.70% | 0.03% | - | - | - | - | - | - | 10.73% |
| Industrials | 11.15% | 0.78% | - | - | - | - | - | - | 11.93% |
| Basic Materials | 5.99% | 0.09% | - | - | - | - | - | - | 6.08% |
| Cash and Equivalents | - | - | - | - | - | - | - | 3.01% | 3.01% |
| Non-Classified | 0.34% | 0.20% | - | - | - | 0.10% | 1.37% | - | 2.01% |
Important Information
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 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 | 3169458 |
| Mex Code | PUKP |
| Isin Code | GB0031694580 |
| Citi Code | P287 |
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 M&G PP UK Equity Index Fund – the underlying fund. Underlying fund objective: The fund gains its exposure via the M&G (ACS) BlackRock UK All Share Equity fund. The underlying fund aims to be fully invested in the equity securities and equity related securities of companies that are constituents of the FTSE All Share Index. Within the index-related limits, the Investment Manager uses a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as the Index in order to meet the fund’s investment objective. In addition the Investment Manager aims to reflect a fundamental ESG approach by overweighting its investments in securities which score well against the Investment Manager’s ESG research framework, and underweighting the securities which score less well. Performance Objective: The fund aims to provide a total return (i.e. capital growth plus income), gross of the Ongoing Charges Figure, over any three year period. |
| Benchmark | FTSE All-Share Index |
| Sector | ABI UK All Companies |
Important Information
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 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 | 4.28 |
| Beta | 0.90 |
| Sharpe | 0.39 |
| Standard Deviation | 10.66 |
| Info Ratio | 1.34 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | Yes |
| 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 | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
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).
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.
Sector Specific
The fund invests in specific sectors. Funds which invest in specific sectors may carry more risk than those spread across a number of different sectors. They may assume higher risk, as markets/sectors can be more volatile. In particular, gold, technology funds and other focused funds can suffer as the underlying stocks can be more volatile and less liquid.
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.
Property
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)
Solvency of Depository
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.
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
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
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.