Prudential BlackRock Aquila World ex-UK Index S3
Performance
Discrete performance - to latest available quarter 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 | 46.6% | 14.1% | -3.1% | 23.7% | 6.1% |
| Benchmark | 39.7% | 14.3% | -1.3% | 22.7% | 4.2% |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 1 2025 |
3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
|
| Fund | -5.8% | 8.3% | 16.3% | 11.8% |
| Benchmark | -4.8% | 8.1% | 15.0% | 11.2% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| APPLE | 5.16 |
| MICROSOFT CORPORATION | 4.40 |
| NVIDIA CORPORATION | 4.35 |
| AMAZON.COM | 2.97 |
| META PLATFORMS | 2.18 |
| ALPHABET INC | 1.49 |
| BROADCOM | 1.35 |
| ALPHABET INC | 1.24 |
| TESLA | 1.21 |
| JPMORGAN CHASE & CO | 1.11 |
| Total | 25.46 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the BlackRock Aquila Life World (ex-UK) Equity Index Fund - the underlying fund.
Underlying Fund Objective: The fund invests in the shares of overseas companies, according to market capitalisation weightings. Within each of those markets, the fund aims to generate returns consistent with those of each country's primary share market. The fund aims to achieve a return in line with the FTSE All-World Developed ex-UK Index.
Fund Manager
BlackRock Team Managed
Fund Overview
| Daily price (24/04/2025) | 673.10 |
| Fund size (31/03/2025) | £42.09m |
| Underlying Fund size | £267.60m |
| Number of holdings | 2217 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 15/07/2005 |
Asset Allocation
| International Equities | 97.85% | |
| Property | 1.35% | |
| Money Market | 0.39% | |
| Cash and Equivalents | 0.18% | |
| International Bonds | 0.09% | |
| UK Equities | 0.04% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 0.09% |
Commentary
Performance as at Q4 2024 - Market performance over November was heavily influenced by the outcome of the US election. Trump’s victory and the Republican party’s majority win across both chambers of Congress supported the view that “US exceptionalism” can continue. Expectations for corporate tax cuts, expansionary fiscal policy, and a nationalist trade policy drove US equity markets higher with US small caps ending the month as the standout performers. Whilst the stark outperformance of US equities resulted in positive returns for global equities given their weight in global indices, the election outcome was not received positively by equity markets outside the US primarily due to the stronger US dollar and the prospect of trade tariffs. Indeed, trade concerns caused equities in Europe ex-UK to provide negative returns, as did Emerging Market equities, which were further impacted by the US dollar strength and potential for a less supportive US monetary environment from here. Waning views that the Chinese government support measures will be enough to boost the domestic economy also worked to spur further weakness in Chinese Equities. The UK equity market, on the other hand, benefitted from the strong performance from financials, which make up a significant part of the index. Global bonds only benefitted marginally despite the Federal Reserve’s decision to cut interest rates by a further 25 basis points, as the potential for Trump’s fiscal measures to be inflationary led to a downward revision in expectations for future interest rates cuts. Given the subsequent strength in the US dollar, EUR and GBP based investors in bonds benefitted to a greater degree than USD investors.
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.
