Prudential Long Term Growth 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 | 2.8% | 15.4% | -3.9% | 10.7% | 10.5% |
| Benchmark | 4.0% | 14.9% | -3.9% | 9.8% | 11.8% |
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 | 0.2% | 5.5% | 6.8% | 8.2% |
| Benchmark | 0.7% | 5.6% | 7.1% | 8.4% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 2.53 |
| HSBC HOLDINGS | 2.50 |
| SHELL | 1.94 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 1.92 |
| UNILEVER | 1.65 |
| RELX | 1.34 |
| LONDON STOCK EXCHANGE GROUP | 1.28 |
| DIAGEO | 1.20 |
| BP | 1.12 |
| RECKITT BENCKISER GROUP | 0.92 |
| Total | 16.40 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G PP Long Term Growth Index Fund – the underlying fund.
Underlying fund objective: The fund invests, primarily via other M&G funds managed by BlackRock and M&G, in the shares of UK and overseas companies. The fund allocates 35% to UK equities and 65% to overseas equities, with the overseas equities subject to a regional allocation set by the M&G Treasury and Investment Office. Most of the sub-funds (circa 80%-90%) follow a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as their indices in order to meet their investment objectives. In addition to the fund's objective, the Investment Manager aims to maximise the fund's ESG characteristics 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 (within constraints). Derivative instruments may be used for efficient portfolio management.
Performance Objective: To provide a return that is in line with that of the benchmark.
Fund Manager
With access to investment professionals around the world, the M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. Over the years they have built a thorough and effective governance framework, which includes the setting and monitoring of investment mandates, regular performance and activity health checks and independent analysis of investment, credit and liquidity risks.
Fund Overview
| Daily price (20/02/2025) | 550.40 |
| Fund size (31/12/2024) | £27.33m |
| Underlying Fund size | £35.38m |
| Number of holdings | 2188 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 30/04/2002 |
Asset Allocation
| International Equities | 59.65% | |
| UK Equities | 32.33% | |
| Cash and Equivalents | 4.56% | |
| Property | 1.23% | |
| Investment Trusts | 0.76% | |
| International Bonds | 0.10% | |
| Other Assets | 1.37% |
Commentary
Performance as at Q4 2024 - The price of UK government bonds (gilts) fell 3.1% in the fourth quarter of 2024, outperforming US government bonds (Treasuries), in sterling terms. The yield of the 10-year UK gilt rose to 4.6%, from 4.0% at the end of September (bond yields and prices move in opposite directions). During the quarter, the UK Chancellor Rachel Reeves delivered what was largely considered a ‘tax and spend’ budget. Markets initially reacted negatively, with bond yields spiking before stabilising. Not only is the budget expected to dampen the UK’s economic growth prospects, it is also likely to constrain the actions of the Bank of England (BoE) as it contained policies which could fuel inflation. The BoE cut interest rates by 25 basis points in November, before keeping them unchanged at its December meeting when it indicated a gradual approach to future interest rate cuts. Shorter-dated gilts outperformed longer-dated gilts in the period, while inflation-linked gilts were particularly weak. In contrast, UK corporate bonds were relatively resilient, declining 0.5%.
Source: M&G
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 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 investment can go down as well as up so you might get back less than you put in.
This factsheet is intended for the trustees, sponsors, advisers and members 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. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their 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 information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 59.65% | |
| UK Equities | 32.33% | |
| Cash and Equivalents | 4.56% | |
| Property | 1.23% | |
| Investment Trusts | 0.76% | |
| International Bonds | 0.10% | |
| Other Assets | 1.37% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 21.31% | - | - | - | |
| Banks | - | 11.06% | - | - | |
| Banks | - | - | 11.06% | - | |
| Banks | - | - | - | 11.06% | |
| Financial Services | - | 6.51% | - | - | |
| Investment Banking & Brokerage Services | - | - | 4.02% | - | |
| Asset Managers & Custodians | - | - | - | 2.28% | |
| Investment Services | - | - | - | 1.25% | |
| Diversified Financial Services | - | - | - | 0.49% | |
| Finance & Credit Services | - | - | 1.72% | - | |
| Financial Data & Systems | - | - | - | 1.54% | |
| Consumer Lending | - | - | - | 0.14% | |
| Mortgage Finance | - | - | - | 0.05% | |
| Equity Investment Instruments | - | - | 0.76% | - | |
| Equity Investment Instruments | - | - | - | 0.76% | |
| Insurance | - | 3.74% | - | - | |
| Non-life Insurance | - | - | 1.88% | - | |
| Full Line Insurance | - | - | - | 0.81% | |
| Property & Casualty Insurance | - | - | - | 0.64% | |
| Reinsurance | - | - | - | 0.27% | |
| Insurance Brokers | - | - | - | 0.16% | |
| Life Insurance | - | - | 1.85% | - | |
| Life Insurance | - | - | - | 1.85% | |
| Technology | 13.19% | - | - | - | |
| Technology | - | 13.19% | - | - | |
| Technology Hardware & Equipment | - | - | 8.10% | - | |
| Semiconductors | - | - | - | 4.65% | |
| Computer Hardware | - | - | - | 1.24% | |
| Production Technology Equipment | - | - | - | 1.20% | |
| Electronic Components | - | - | - | 0.85% | |
| Electronic Office Equipment | - | - | - | 0.17% | |
| Software & Computer Services | - | - | 5.09% | - | |
| Consumer Digital Services | - | - | - | 2.46% | |
| Software | - | - | - | 1.90% | |
| Computer Services | - | - | - | 0.73% | |
| Industrials | 12.31% | - | - | - | |
| Industrial Goods & Services | - | 10.86% | - | - | |
| Aerospace & Defence | - | - | 2.12% | - | |
| Aerospace | - | - | - | 1.25% | |
| Defense | - | - | - | 0.86% | |
| General Industrials | - | - | 1.92% | - | |
| Diversified Industrials | - | - | - | 1.28% | |
| Containers & Packaging | - | - | - | 0.49% | |
| Plastics | - | - | - | 0.10% | |
| Paints & Coatings | - | - | - | 0.04% | |
| Glass | - | - | - | 0.00% | |
| Electronic & Electrical Equipment | - | - | 1.89% | - | |
| Electrical Components | - | - | - | 1.39% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.30% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.13% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.05% | |
| Electronic Equipment: Other | - | - | - | 0.02% | |
| Industrial Support Services | - | - | 1.72% | - | |
| Professional Business Support Services | - | - | - | 0.83% | |
| Transaction Processing Services | - | - | - | 0.34% | |
| Industrial Suppliers | - | - | - | 0.28% | |
| Business Training & Employment Agencies | - | - | - | 0.18% | |
| Forms & Bulk Printing Services | - | - | - | 0.06% | |
| Security Services | - | - | - | 0.03% | |
| Industrial Transportation | - | - | 1.63% | - | |
| Marine Transportation | - | - | - | 0.54% | |
| Transportation Services | - | - | - | 0.47% | |
| Railroads | - | - | - | 0.26% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.18% | |
| Delivery Services | - | - | - | 0.10% | |
| Railroad Equipment | - | - | - | 0.06% | |
| Trucking | - | - | - | 0.01% | |
| Commercial Vehicles & Parts | - | - | - | 0.01% | |
| Industrial Engineering | - | - | 1.58% | - | |
| Machinery: Construction & Handling | - | - | - | 0.51% | |
| Machinery: Industrial | - | - | - | 0.49% | |
| Machinery: Engines | - | - | - | 0.30% | |
| Machinery: Tools | - | - | - | 0.18% | |
| Machinery: Agricultural | - | - | - | 0.09% | |
| Machinery: Specialty | - | - | - | 0.01% | |
| Construction & Materials | - | 1.45% | - | - | |
| Construction & Materials | - | - | 1.45% | - | |
| Construction | - | - | - | 0.61% | |
| Building Materials: Other | - | - | - | 0.35% | |
| Cement | - | - | - | 0.20% | |
| Building: Climate Control | - | - | - | 0.18% | |
| Engineering & Contracting Services | - | - | - | 0.10% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.02% | |
| Consumer Discretionary | 11.77% | - | - | - | |
| Consumer Products & Services | - | 3.00% | - | - | |
| Personal Goods | - | - | 1.24% | - | |
| Clothing & Accessories | - | - | - | 0.68% | |
| Cosmetics | - | - | - | 0.22% | |
| Luxury Items | - | - | - | 0.19% | |
| Footwear | - | - | - | 0.16% | |
| Household Goods & Home Construction | - | - | 0.61% | - | |
| Home Construction | - | - | - | 0.42% | |
| Household Appliance | - | - | - | 0.18% | |
| Household Equipment & Products | - | - | - | 0.01% | |
| Household Furnishings | - | - | - | 0.00% | |
| Consumer Services | - | - | 0.59% | - | |
| Vending & Catering Service | - | - | - | 0.52% | |
| Consumer Services: Misc. | - | - | - | 0.07% | |
| Education Services | - | - | - | 0.00% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Leisure Goods | - | - | 0.56% | - | |
| Consumer Electronics | - | - | - | 0.34% | |
| Electronic Entertainment | - | - | - | 0.16% | |
| Toys | - | - | - | 0.04% | |
| Recreational Vehicles & Boats | - | - | - | 0.02% | |
| Photography | - | - | - | 0.00% | |
| Retail | - | 2.78% | - | - | |
| Retailers | - | - | 2.78% | - | |
| Diversified Retailers | - | - | - | 1.71% | |
| Apparel Retailers | - | - | - | 0.60% | |
| Specialty Retailers | - | - | - | 0.28% | |
| Home Improvement Retailers | - | - | - | 0.19% | |
| Media | - | 2.47% | - | - | |
| Media | - | - | 2.47% | - | |
| Publishing | - | - | - | 1.75% | |
| Media Agencies | - | - | - | 0.62% | |
| Radio & TV Broadcasters | - | - | - | 0.06% | |
| Entertainment | - | - | - | 0.05% | |
| Automobiles & Parts | - | 1.98% | - | - | |
| Automobiles & Parts | - | - | 1.98% | - | |
| Automobiles | - | - | - | 1.64% | |
| Auto Parts | - | - | - | 0.32% | |
| Tires | - | - | - | 0.02% | |
| Travel & Leisure | - | 1.53% | - | - | |
| Travel & Leisure | - | - | 1.53% | - | |
| Hotels & Motels | - | - | - | 0.64% | |
| Restaurants & Bars | - | - | - | 0.44% | |
| Airlines | - | - | - | 0.27% | |
| Travel & Tourism | - | - | - | 0.12% | |
| Recreational Services | - | - | - | 0.07% | |
| Consumer Staples | 8.44% | - | - | - | |
| Food, Beverage & Tobacco | - | 4.24% | - | - | |
| Beverages | - | - | 2.56% | - | |
| Distillers & Vintners | - | - | - | 1.44% | |
| Soft Drinks | - | - | - | 0.84% | |
| Brewers | - | - | - | 0.28% | |
| Food Producers | - | - | 1.68% | - | |
| Food Products | - | - | - | 1.62% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.05% | |
| Fruit & Grain Processing | - | - | - | 0.01% | |
| Personal Care, Drug & Grocery Stores | - | 4.20% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 4.20% | - | |
| Personal Products | - | - | - | 1.92% | |
| Food Retailers & Wholesalers | - | - | - | 1.26% | |
| Nondurable Household Products | - | - | - | 0.92% | |
| Drug Retailers | - | - | - | 0.11% | |
| Health Care | 8.28% | - | - | - | |
| Health Care | - | 8.28% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.63% | - | |
| Pharmaceuticals | - | - | - | 5.95% | |
| Biotechnology | - | - | - | 0.68% | |
| Medical Equipment & Services | - | - | 1.31% | - | |
| Medical Equipment | - | - | - | 0.93% | |
| Medical Supplies | - | - | - | 0.36% | |
| Medical Services | - | - | - | 0.03% | |
| Health Care Providers | - | - | 0.34% | - | |
| Health Care Management Services | - | - | - | 0.24% | |
| Health Care Facilities | - | - | - | 0.08% | |
| Health Care Services | - | - | - | 0.02% | |
| Energy | 5.32% | - | - | - | |
| Energy | - | 5.32% | - | - | |
| Non-Renewable Energy | - | - | 5.18% | - | |
| Integrated Oil & Gas | - | - | - | 3.83% | |
| Oil Refining and Marketing | - | - | - | 0.45% | |
| Oil: Crude Producers | - | - | - | 0.38% | |
| Pipelines | - | - | - | 0.26% | |
| Oil Equipment & Services | - | - | - | 0.25% | |
| Coal | - | - | - | 0.01% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.13% | - | |
| Renewable Energy Equipment | - | - | - | 0.12% | |
| Alternative Fuels | - | - | - | 0.02% | |
| Cash and Equivalents | 4.56% | - | - | - | |
| Basic Materials | 4.29% | - | - | - | |
| Basic Resources | - | 3.06% | - | - | |
| Industrial Metals & Mining | - | - | 2.60% | - | |
| General Mining | - | - | - | 1.71% | |
| Iron & Steel | - | - | - | 0.34% | |
| Copper | - | - | - | 0.27% | |
| Metal Fabricating | - | - | - | 0.12% | |
| Aluminum | - | - | - | 0.11% | |
| Nonferrous Metals | - | - | - | 0.05% | |
| Precious Metals & Mining | - | - | 0.31% | - | |
| Gold Mining | - | - | - | 0.27% | |
| Platinum & Precious Metals | - | - | - | 0.03% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.15% | - | |
| Paper | - | - | - | 0.08% | |
| Diversified Materials | - | - | - | 0.07% | |
| Chemicals | - | 1.23% | - | - | |
| Chemicals | - | - | 1.23% | - | |
| Chemicals: Diversified | - | - | - | 0.85% | |
| Specialty Chemicals | - | - | - | 0.25% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.09% | |
| Fertilizers | - | - | - | 0.04% | |
| Utilities | 3.27% | - | - | - | |
| Utilities | - | 3.27% | - | - | |
| Gas, Water & Multi-utilities | - | - | 1.75% | - | |
| Multi-Utilities | - | - | - | 1.21% | |
| Water | - | - | - | 0.32% | |
| Gas Distribution | - | - | - | 0.21% | |
| Electricity | - | - | 1.42% | - | |
| Conventional Electricity | - | - | - | 1.19% | |
| Alternative Electricity | - | - | - | 0.23% | |
| Waste & Disposal Services | - | - | 0.10% | - | |
| Waste & Disposal Services | - | - | - | 0.10% | |
| Telecommunications | 3.09% | - | - | - | |
| Telecommunications | - | 3.09% | - | - | |
| Telecommunications Service Providers | - | - | 1.86% | - | |
| Telecommunications Services | - | - | - | 1.84% | |
| Cable Television Services | - | - | - | 0.02% | |
| Telecommunications Equipment | - | - | 1.23% | - | |
| Telecommunications Equipment | - | - | - | 1.23% | |
| Real Estate | 2.25% | - | - | - | |
| Real Estate | - | 2.25% | - | - | |
| Real Estate Investment Trusts | - | - | 1.49% | - | |
| Industrial REITs | - | - | - | 0.49% | |
| Retail REITs | - | - | - | 0.24% | |
| Diversified REITs | - | - | - | 0.20% | |
| Office REITs | - | - | - | 0.17% | |
| Residential REITs | - | - | - | 0.13% | |
| Timber REITs | - | - | - | 0.09% | |
| Health Care REITs | - | - | - | 0.07% | |
| Storage REITs | - | - | - | 0.07% | |
| Hotel & Lodging REITs | - | - | - | 0.02% | |
| Other Specialty REITs | - | - | - | 0.01% | |
| Real Estate Investment & Services | - | - | 0.75% | - | |
| Real Estate Holding and Development | - | - | - | 0.59% | |
| Real Estate Services | - | - | - | 0.17% | |
| Non-Classified | 1.82% | - | - | - | |
| Non-Classified | - | 0.17% | - | - | |
| Non-Classified | - | - | 0.17% | - | |
| Non-Classified | - | - | - | 0.17% | |
| Bonds | 0.10% | - | - | - | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| UK | 32.20% | |
| Emerging Asia | 16.02% | |
| North America | 14.61% | |
| Developed Europe - Excl UK | 13.33% | |
| Japan | 7.39% | |
| Cash and Equivalents | 4.56% | |
| Australia & New Zealand | 4.01% | |
| Developed Asia | 2.70% | |
| Non-Classified | 2.84% | |
| Other Regions | 2.34% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 95.34% | |
| Cash | 4.56% | |
| Euro | 0.06% | |
| Swiss Franc | 0.03% | |
| US Dollar | 0.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 32.20% | - | |
United Kingdom
|
- | 32.33% | |
| Emerging Asia | 16.02% | - | |
Taiwan
|
- | 6.03% | |
China
|
- | 4.28% | |
South Korea
|
- | 2.78% | |
India
|
- | 1.70% | |
Thailand
|
- | 0.57% | |
Malaysia
|
- | 0.57% | |
Indonesia
|
- | 0.05% | |
Philippines
|
- | 0.03% | |
| North America | 14.61% | - | |
United States
|
- | 13.00% | |
Canada
|
- | 1.61% | |
| Developed Europe - Excl UK | 13.33% | - | |
France
|
- | 2.66% | |
Switzerland
|
- | 2.61% | |
Germany
|
- | 1.97% | |
Netherlands
|
- | 1.40% | |
Denmark
|
- | 0.89% | |
Spain
|
- | 0.86% | |
Sweden
|
- | 0.83% | |
Ireland
|
- | 0.81% | |
Italy
|
- | 0.53% | |
Finland
|
- | 0.25% | |
Belgium
|
- | 0.22% | |
Norway
|
- | 0.15% | |
Portugal
|
- | 0.11% | |
Luxembourg
|
- | 0.02% | |
Austria
|
- | 0.01% | |
| Japan | 7.39% | - | |
Japan
|
- | 7.39% | |
| Cash and Equivalents | 4.56% | - | |
| Australia & New Zealand | 4.01% | - | |
Australia
|
- | 3.74% | |
New Zealand
|
- | 0.24% | |
New Caledonia
|
- | 0.04% | |
| Developed Asia | 2.70% | - | |
Hong Kong
|
- | 1.82% | |
Singapore
|
- | 0.88% | |
| Non-Classified | 2.84% | - | |
| Property | 1.29% | - | |
| Middle East & Africa | 0.40% | - | |
South Africa
|
- | 0.12% | |
Saudi Arabia
|
- | 0.11% | |
United Arab Emirates
|
- | 0.09% | |
Israel
|
- | 0.07% | |
| Emerging Europe | 0.38% | - | |
Turkey
|
- | 0.19% | |
Greece
|
- | 0.10% | |
Poland
|
- | 0.04% | |
Hungary
|
- | 0.03% | |
Czech Republic
|
- | 0.03% | |
Russian Federation
|
- | 0.00% | |
| South & Central America | 0.27% | - | |
Brazil
|
- | 0.16% | |
Mexico
|
- | 0.07% | |
Chile
|
- | 0.03% | |
Colombia
|
- | 0.01% | |
Breakdown By Market Cap (%)
| Mega |
|
55.74% |
| Large |
|
20.19% |
| Medium |
|
8.10% |
| Small |
|
1.79% |
| Micro |
|
0.17% |
| Non-Classified |
|
9.35% |
| Bonds |
|
0.10% |
| Cash |
|
4.56% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 2.53% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | HSBC HOLDINGS | 2.50% | Banks | United Kingdom |
| 3 | SHELL | 1.94% | Non-Renewable Energy | United Kingdom |
| 4 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 1.92% | Technology Hardware & Equipment | Taiwan |
| 5 | UNILEVER | 1.65% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 6 | RELX | 1.34% | Media | United Kingdom |
| 7 | LONDON STOCK EXCHANGE GROUP | 1.28% | Finance & Credit Services | United Kingdom |
| 8 | DIAGEO | 1.20% | Beverages | United Kingdom |
| 9 | BP | 1.12% | Non-Renewable Energy | United Kingdom |
| 10 | RECKITT BENCKISER GROUP | 0.92% | 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 | 0.59% | 12.60% | - | - | - | - | - | - | 13.19% |
| Telecommunications | 0.46% | 2.64% | - | 0.06% | - | - | - | - | 3.16% |
| Financials | 8.04% | 12.51% | - | 0.03% | - | - | 0.76% | - | 21.33% |
| Real Estate | 0.16% | 0.91% | - | - | - | 1.19% | 0.01% | - | 2.26% |
| Consumer Discretionary | 3.93% | 7.84% | - | 0.01% | - | - | 0.04% | - | 11.81% |
| Consumer Staples | 5.29% | 3.15% | - | - | - | - | - | - | 8.44% |
| Energy | 3.16% | 2.15% | - | - | - | - | - | - | 5.32% |
| Utilities | 1.37% | 1.90% | - | - | - | - | - | - | 3.27% |
| Health Care | 3.40% | 4.88% | - | - | - | - | 0.01% | - | 8.29% |
| Industrials | 3.91% | 8.40% | - | - | - | - | - | - | 12.31% |
| Basic Materials | 1.88% | 2.41% | - | - | - | - | 0.01% | - | 4.30% |
| Cash and Equivalents | - | - | - | - | - | - | - | 4.56% | 4.56% |
| Non-Classified | 0.14% | 0.27% | - | - | - | 0.04% | 1.32% | - | 1.77% |
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).
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 | 3168637 |
| Mex Code | PULTGR |
| Isin Code | GB0031686370 |
| Citi Code | P280 |
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 Long Term Growth Index Fund – the underlying fund. Underlying fund objective: The fund invests, primarily via other M&G funds managed by BlackRock and M&G, in the shares of UK and overseas companies. The fund allocates 35% to UK equities and 65% to overseas equities, with the overseas equities subject to a regional allocation set by the M&G Treasury and Investment Office. Most of the sub-funds (circa 80%-90%) follow a structured and systematic, bottom-up stock selection process to build a portfolio with similar risk-return characteristics as their indices in order to meet their investment objectives. In addition to the fund's objective, the Investment Manager aims to maximise the fund's ESG characteristics 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 (within constraints). Derivative instruments may be used for efficient portfolio management. Performance Objective: To provide a return that is in line with that of the benchmark. |
| Benchmark | Mix of FTSE and MSCI regional indices |
| ABI Sector | Global 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).
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
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.
You should also consider discussing your decision and the appropriateness of a fund's risk rating with an adviser.
Medium to Higher Risk
These funds offer a diverse geographical spread of equity investment or have multi-asset strategies with a specialist focus (e.g. ethical). The equity funds within this category will have greater overseas exposure and underlying volatility than the "medium" sector.
Help
Important Information
This factsheet is intended for the trustees, sponsors, advisers and members 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. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their 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 information 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 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 investment can go down as well as up so you might get back less than you put in.
This factsheet is intended for the trustees, sponsors, advisers and members 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. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their 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 information 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.