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 | 5.5% | 2.4% | -12.8% | -7.4% | 9.5% |
Benchmark | 6.4% | 1.7% | -13.1% | -6.9% | 9.7% |
Quarter | Annualised | |||
---|---|---|---|---|
2 2024 |
3 Years to 30/06/24 |
5 Years to 30/06/24 |
10 Years to 30/06/24 |
|
Fund | 0.2% | -4.0% | -0.9% | 2.4% |
Benchmark | -0.1% | -3.9% | -0.8% | 2.3% |
Stock | % Weight |
---|---|
KFW MTN RegS 1.125 07/04/2025 | 0.60 |
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 | 0.46 |
EUROPEAN INVESTMENT BANK MTN RegS 1.375 03/07/2025 | 0.46 |
KFW MTN RegS 4.125 02/18/2026 | 0.41 |
EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026 | 0.38 |
European Investment Bank 6% 2028 | 0.35 |
KFW MTN RegS 4.875 10/10/2028 | 0.34 |
KFW MTN RegS 3.75 01/09/2029 | 0.34 |
INTER-AMERICAN DEVELOPMENT BANK 1.25 12/15/2025 | 0.33 |
KFW MTN RegS 1.375 12/15/2025 | 0.32 |
Total | 3.99 |
Objective: The investment strategy of the fund is to purchase units in the BlackRock Aquila Life Corporate Bond Index Fund All Stocks - the underlying fund.
Underlying Fund Objective: The fund invests in investment grade corporate bonds denominated in sterling and aims to achieve a return consistent with the iBoxx £ Non-Gilts Index. This index covers the broad spectrum of investment grade corporate bonds in issue.
BlackRock Team Managed
Daily price (20/08/2024) | 204.30 |
Fund size (30/06/2024) | £5.15m |
Underlying Fund size | £564.23m |
Number of holdings | 1725 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Launch date | 15/07/2005 |
International Bonds | 61.05% | |
UK Corporate Bonds | 33.85% | |
Alternative Trading Strategies | 0.06% | |
Cash and Equivalents | -0.15% | |
Other Assets | 5.19% |
Performance as at Q2 2024 - Over the month, UK yields trended lower with a curve steepening bias as 2-year yields fell 4bps more than the 10-year, and 9bps more than the 30-year. This trend was driven by a combination of factors such as the French election news, which spurred a flight to safety across developed market government bonds. In the UK, this news came alongside dovish communications from the Bank of England, with markets now pricing in a rate cut for September, despite wage data and CPI prints showing continued resilience. A similar trend of lower yields and curve steepening was seen across developed market government bonds. In Europe, the European Central Bank’s interest rate cut marked the start of the cutting cycle – the effects of which were compounded by the French election news. In the US, the effects of these events were further spurred by weaker data releases over the month.
Source: BlackRock
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of 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.
International Bonds | 61.05% | |
UK Corporate Bonds | 33.85% | |
Alternative Trading Strategies | 0.06% | |
Cash and Equivalents | -0.15% | |
Other Assets | 5.19% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Bonds | 94.90% | - | - | - | |
Non-Classified | 5.19% | - | - | - | |
Non-Classified | - | 0.00% | - | - | |
Non-Classified | - | - | 0.00% | - | |
Non-Classified | - | - | - | 0.00% | |
Alternative Trading Strategies | 0.06% | - | - | - | |
Alternative Trading Strategies | - | 0.06% | - | - | |
Alternative Trading Strategies | - | - | 0.06% | - | |
Alternative Trading Strategies | - | - | - | 0.06% | |
Cash and Equivalents | -0.15% | - | - | - |
UK | 33.85% | |
Developed Europe - Excl UK | 31.82% | |
North America | 17.29% | |
Non-Classified | 13.13% | |
Emerging Asia | 1.39% | |
Australia & New Zealand | 1.10% | |
South & Central America | 0.52% | |
Middle East & Africa | 0.50% | |
Japan | 0.34% | |
Other Regions | 0.06% |
Pound Sterling | 91.59% | |
Non-Fixed Interest Assets | 5.25% | |
US Dollar | 2.05% | |
Euro | 1.14% | |
Australian Dollar | 0.06% | |
Lari | 0.06% | |
Cash | -0.15% |
Region | Country | ||
---|---|---|---|
UK | 33.85% | - | |
![]() |
- | 33.85% | |
Developed Europe - Excl UK | 31.82% | - | |
![]() |
- | 8.48% | |
![]() |
- | 5.89% | |
![]() |
- | 5.41% | |
![]() |
- | 4.82% | |
![]() |
- | 1.24% | |
![]() |
- | 1.15% | |
![]() |
- | 0.95% | |
![]() |
- | 0.86% | |
![]() |
- | 0.86% | |
![]() |
- | 0.80% | |
![]() |
- | 0.77% | |
![]() |
- | 0.38% | |
![]() |
- | 0.22% | |
North America | 17.29% | - | |
![]() |
- | 14.96% | |
![]() |
- | 2.32% | |
Non-Classified | 13.13% | - | |
Emerging Asia | 1.39% | - | |
![]() |
- | 1.18% | |
![]() |
- | 0.21% | |
Australia & New Zealand | 1.10% | - | |
![]() |
- | 1.10% | |
South & Central America | 0.52% | - | |
![]() |
- | 0.52% | |
Middle East & Africa | 0.50% | - | |
![]() |
- | 0.25% | |
![]() |
- | 0.25% | |
Japan | 0.34% | - | |
![]() |
- | 0.34% | |
Developed Asia | 0.22% | - | |
![]() |
- | 0.13% | |
![]() |
- | 0.09% | |
Cash and Equivalents | -0.15% | - |
< 5Yr Maturity |
|
44.94% |
5Yr - 10Yr Maturity |
|
21.42% |
10Yr - 15Yr Maturity |
|
10.00% |
> 15Yr Maturity |
|
18.54% |
Cash And Equivalents |
|
-0.15% |
Unknown Maturity |
|
5.14% |
Other Asset Types |
|
0.11% |
AAA |
|
20.07% |
AA |
|
10.91% |
A |
|
24.73% |
BBB |
|
29.91% |
Sub-Investment Grade |
|
0.47% |
Unknown Quality |
|
8.83% |
Cash and Equivalents |
|
-0.15% |
Other Asset Types |
|
5.25% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | KFW MTN RegS 1.125 07/04/2025 | 0.60% | Bonds | Germany |
2 | EUROPEAN INVESTMENT BANK 5.625 06/07/2032 | 0.46% | Bonds | Luxembourg |
3 | EUROPEAN INVESTMENT BANK MTN RegS 1.375 03/07/2025 | 0.46% | Bonds | Luxembourg |
4 | KFW MTN RegS 4.125 02/18/2026 | 0.41% | Bonds | Germany |
5 | EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026 | 0.38% | Bonds | Luxembourg |
6 | European Investment Bank 6% 2028 | 0.35% | Bonds | Luxembourg |
7 | KFW MTN RegS 4.875 10/10/2028 | 0.34% | Bonds | Germany |
8 | KFW MTN RegS 3.75 01/09/2029 | 0.34% | Bonds | Germany |
9 | INTER-AMERICAN DEVELOPMENT BANK 1.25 12/15/2025 | 0.33% | Bonds | United States |
10 | KFW MTN RegS 1.375 12/15/2025 | 0.32% | Bonds | Germany |
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).
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.
Sedol Code | B08ZTP4 |
Mex Code | PURAF |
Isin Code | GB00B08ZTP47 |
Citi Code | UO36 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims | Objective: The investment strategy of the fund is to purchase units in the BlackRock Aquila Life Corporate Bond Index Fund All Stocks - the underlying fund. Underlying Fund Objective: The fund invests in investment grade corporate bonds denominated in sterling and aims to achieve a return consistent with the iBoxx £ Non-Gilts Index. This index covers the broad spectrum of investment grade corporate bonds in issue. |
Benchmark | iBoxx Sterling Non-Gilts Index |
Sector | ABI Sterling Corporate Bond |
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).
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 | -0.91 |
Beta | 0.89 |
Sharpe | -0.01 |
Standard Deviation | 8.94 |
Info Ratio | -0.14 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | No |
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 | No |
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 | No |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | No |
Inflation | No |
Taxation and Tax Relief | No |
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.
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).
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.
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.
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of 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.