Prudential Long Term Growth 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 | -4.6% | 23.8% | -3.6% | 9.1% | 15.0% |
| Benchmark | -3.3% | 23.6% | -3.9% | 9.1% | 15.3% |
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 | 3.1% | 6.5% | 7.4% | 8.2% |
| Benchmark | 2.9% | 6.5% | 7.6% | 8.4% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 2.87 |
| HSBC HOLDINGS | 2.30 |
| SHELL | 2.23 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.02 |
| UNILEVER | 1.68 |
| SAMSUNG ELECTRONICS CO. LTD | 1.31 |
| RELX | 1.29 |
| BP | 1.17 |
| LONDON STOCK EXCHANGE GROUP | 1.05 |
| DIAGEO | 1.03 |
| Total | 16.96 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G Long Term Growth Index Fund – the underlying fund.
Underlying fund objective: The fund invests, primarily via other M&G funds, in the shares of UK and overseas companies. The fund is passively managed with a benchmark of 35% in UK equities and 65% in overseas equities. For the overseas shares the fund is passively managed against an internal composite benchmark asset allocation set by the M&G Treasury and Investment Office. The sub-funds 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. 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 (29/08/2024) | 520.30 |
| Fund size (31/07/2024) | £30.08m |
| Underlying Fund size | £37.94m |
| Number of holdings | 2081 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 30/04/2002 |
Asset Allocation
| International Equities | 56.42% | |
| UK Equities | 31.48% | |
| Cash and Equivalents | 7.73% | |
| Property | 1.29% | |
| Investment Trusts | 0.80% | |
| Alternative Trading Strategies | 0.78% | |
| International Bonds | 0.11% | |
| Other Assets | 1.41% |
Commentary
Performance as at Q2 2024 - The global economy showed signs of improvement with disinflationary trends resuming and steering clear of a recession. Equities progressed following a sluggish start whereas sovereign bonds encountered challenges amid investor concerns over delayed interest rate cuts and political uncertainties. UK stocks advanced and outperform the global market. Investor sentiment was lifted by an improving economic backdrop and the prospect of interest rate cuts. The market also benefited from increased corporate activity; a number of UK companies received takeover bids in the period, mining firm Anglo American and financials company Hargreaves Lansdown. Telecommunications led the way with basic materials and financials outperforming the wider market. Consumer services and utilities were the weakest areas. European equities registered a gain but underperformed most other major stockmarkets. Strong company earnings and optimism around interest rate cuts supported markets. The European Central Bank cut interest rates by 25 basis points in June. Share prices retreated amid political uncertainty in France after President Macron announced a snap election. French and Italian markets ended the quarter in negative territory whereas Switzerland and the Netherlands rose. Technology stocks delivered solid gains again. Healthcare and telecommunications outperformed. Consumer services, basic materials and industrials were the weakest areas. Markets in Asia Pacific ex Japan delivered robust gains outperforming global equities, measured by the FTSE World Index. The better-performing stockmarkets included China, India and Taiwan. Chinese equities are recovering from lows in January and India's stockmarket reached an all-time high, despite volatility Prime Minister Modi's third consecutive victory was widely anticipated, but the margin was much tighter than expected. Taiwan's stockmarket was boosted by the price of its largest stock TSMC (Taiwan Seminconductor Manufacturing Company) surging to a record high. Several ASEAN (Association of Southeast Asian Nations) struggled, Indonesia, the Philippines and Thailand. The Japanese stockmarket was disappointing lagging global equities. The Japanese yen weakened hitting a multi-decade low, meaning returns for sterling based investors were eroded. The weakness has been a concern for the Bank of Japan (BoJ), which intervened in the currency markets. They said it would increase interest rates to support the yen and combat inflation and trim its bond purchases. Japanese government bond yields hit 1% for the first time since 2012. The Japanese economy shrank by 1.8% (on an annualised basis) in the first quarter, compared to the previous three months. US equities rose and outperformed the broad global market. The S&P (Standard & Poor) 500 Index advanced to a new all-time high. The likelihood of interest rate cuts lifted investor sentiment. Optimism about artificial intelligence continued to fuel the market's rise as the so-called Magnificent Seven group of mega-cap technology stocks rallied. The gains were narrow, however, as the equally weighted S&P 500 Index declined in the period. Information technology and communications services were the stand-out sectors. Utilities outperformed the wider market. Most other sectors fell in energy, materials and industrials. Canada's stockmarket declined, weighed down by weakness in natural resources stocks. Emerging market stocks performed ahead of global equities. In Asia Pacific ex Japan, China and India were among the better-performing markets. In Europe, Middle East and Africa (EMEA), Middle Eastern stockmarkets were weaker however, betterperforming markets included Turkey and South Africa. Latin America was dragged down by heavyweight markets Brazil and Mexico.
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 | 56.42% | |
| UK Equities | 31.48% | |
| Cash and Equivalents | 7.73% | |
| Property | 1.29% | |
| Investment Trusts | 0.80% | |
| Alternative Trading Strategies | 0.78% | |
| International Bonds | 0.11% | |
| Other Assets | 1.41% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 19.30% | - | - | - | |
| Banks | - | 9.95% | - | - | |
| Banks | - | - | 9.95% | - | |
| Banks | - | - | - | 9.95% | |
| Financial Services | - | 5.81% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.53% | - | |
| Asset Managers & Custodians | - | - | - | 2.00% | |
| Investment Services | - | - | - | 1.08% | |
| Diversified Financial Services | - | - | - | 0.45% | |
| Finance & Credit Services | - | - | 1.47% | - | |
| Financial Data & Systems | - | - | - | 1.34% | |
| Consumer Lending | - | - | - | 0.13% | |
| Equity Investment Instruments | - | - | 0.80% | - | |
| Equity Investment Instruments | - | - | - | 0.80% | |
| Insurance | - | 3.54% | - | - | |
| Life Insurance | - | - | 1.83% | - | |
| Life Insurance | - | - | - | 1.83% | |
| Non-life Insurance | - | - | 1.71% | - | |
| Full Line Insurance | - | - | - | 0.70% | |
| Property & Casualty Insurance | - | - | - | 0.64% | |
| Reinsurance | - | - | - | 0.22% | |
| Insurance Brokers | - | - | - | 0.16% | |
| Technology | 12.04% | - | - | - | |
| Technology | - | 12.04% | - | - | |
| Technology Hardware & Equipment | - | - | 7.88% | - | |
| Semiconductors | - | - | - | 4.49% | |
| Production Technology Equipment | - | - | - | 1.29% | |
| Computer Hardware | - | - | - | 1.16% | |
| Electronic Components | - | - | - | 0.78% | |
| Electronic Office Equipment | - | - | - | 0.16% | |
| Software & Computer Services | - | - | 4.16% | - | |
| Software | - | - | - | 1.75% | |
| Consumer Digital Services | - | - | - | 1.69% | |
| Computer Services | - | - | - | 0.72% | |
| Industrials | 11.78% | - | - | - | |
| Industrial Goods & Services | - | 10.41% | - | - | |
| Aerospace & Defence | - | - | 1.97% | - | |
| Aerospace | - | - | - | 1.01% | |
| Defense | - | - | - | 0.96% | |
| Industrial Support Services | - | - | 1.94% | - | |
| Professional Business Support Services | - | - | - | 0.97% | |
| Transaction Processing Services | - | - | - | 0.42% | |
| Industrial Suppliers | - | - | - | 0.31% | |
| Business Training & Employment Agencies | - | - | - | 0.15% | |
| Forms & Bulk Printing Services | - | - | - | 0.06% | |
| Security Services | - | - | - | 0.04% | |
| General Industrials | - | - | 1.78% | - | |
| Diversified Industrials | - | - | - | 1.22% | |
| Containers & Packaging | - | - | - | 0.39% | |
| Plastics | - | - | - | 0.09% | |
| Paints & Coatings | - | - | - | 0.07% | |
| Glass | - | - | - | 0.01% | |
| Electronic & Electrical Equipment | - | - | 1.74% | - | |
| Electrical Components | - | - | - | 1.27% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.26% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.12% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.07% | |
| Electronic Equipment: Other | - | - | - | 0.02% | |
| Industrial Engineering | - | - | 1.52% | - | |
| Machinery: Construction & Handling | - | - | - | 0.51% | |
| Machinery: Industrial | - | - | - | 0.40% | |
| Machinery: Tools | - | - | - | 0.25% | |
| Machinery: Engines | - | - | - | 0.24% | |
| Machinery: Agricultural | - | - | - | 0.10% | |
| Machinery: Specialty | - | - | - | 0.02% | |
| Industrial Transportation | - | - | 1.46% | - | |
| Marine Transportation | - | - | - | 0.48% | |
| Transportation Services | - | - | - | 0.40% | |
| Railroads | - | - | - | 0.22% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.20% | |
| Delivery Services | - | - | - | 0.14% | |
| Trucking | - | - | - | 0.02% | |
| Commercial Vehicles & Parts | - | - | - | 0.01% | |
| Railroad Equipment | - | - | - | 0.00% | |
| Construction & Materials | - | 1.37% | - | - | |
| Construction & Materials | - | - | 1.37% | - | |
| Construction | - | - | - | 0.59% | |
| Building Materials: Other | - | - | - | 0.31% | |
| Cement | - | - | - | 0.19% | |
| Building: Climate Control | - | - | - | 0.19% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.06% | |
| Engineering & Contracting Services | - | - | - | 0.03% | |
| Consumer Discretionary | 10.56% | - | - | - | |
| Consumer Products & Services | - | 2.92% | - | - | |
| Personal Goods | - | - | 1.16% | - | |
| Clothing & Accessories | - | - | - | 0.58% | |
| Cosmetics | - | - | - | 0.27% | |
| Luxury Items | - | - | - | 0.19% | |
| Footwear | - | - | - | 0.12% | |
| Household Goods & Home Construction | - | - | 0.71% | - | |
| Home Construction | - | - | - | 0.55% | |
| Household Appliance | - | - | - | 0.16% | |
| Household Furnishings | - | - | - | 0.00% | |
| Consumer Services | - | - | 0.65% | - | |
| Vending & Catering Service | - | - | - | 0.60% | |
| Consumer Services: Misc. | - | - | - | 0.04% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Education Services | - | - | - | 0.00% | |
| Leisure Goods | - | - | 0.40% | - | |
| Consumer Electronics | - | - | - | 0.28% | |
| Electronic Entertainment | - | - | - | 0.10% | |
| Recreational Vehicles & Boats | - | - | - | 0.01% | |
| Toys | - | - | - | 0.01% | |
| Media | - | 2.35% | - | - | |
| Media | - | - | 2.35% | - | |
| Publishing | - | - | - | 1.68% | |
| Media Agencies | - | - | - | 0.54% | |
| Entertainment | - | - | - | 0.07% | |
| Radio & TV Broadcasters | - | - | - | 0.06% | |
| Retail | - | 2.26% | - | - | |
| Retailers | - | - | 2.26% | - | |
| Diversified Retailers | - | - | - | 1.21% | |
| Apparel Retailers | - | - | - | 0.54% | |
| Specialty Retailers | - | - | - | 0.30% | |
| Home Improvement Retailers | - | - | - | 0.21% | |
| Automobiles & Parts | - | 1.86% | - | - | |
| Automobiles & Parts | - | - | 1.86% | - | |
| Automobiles | - | - | - | 1.59% | |
| Auto Parts | - | - | - | 0.24% | |
| Tires | - | - | - | 0.03% | |
| Travel & Leisure | - | 1.16% | - | - | |
| Travel & Leisure | - | - | 1.16% | - | |
| Hotels & Motels | - | - | - | 0.42% | |
| Restaurants & Bars | - | - | - | 0.40% | |
| Airlines | - | - | - | 0.20% | |
| Recreational Services | - | - | - | 0.08% | |
| Travel & Tourism | - | - | - | 0.06% | |
| Health Care | 8.84% | - | - | - | |
| Health Care | - | 8.84% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 7.14% | - | |
| Pharmaceuticals | - | - | - | 6.82% | |
| Biotechnology | - | - | - | 0.32% | |
| Medical Equipment & Services | - | - | 1.33% | - | |
| Medical Equipment | - | - | - | 0.94% | |
| Medical Supplies | - | - | - | 0.37% | |
| Medical Services | - | - | - | 0.02% | |
| Health Care Providers | - | - | 0.37% | - | |
| Health Care Management Services | - | - | - | 0.28% | |
| Health Care Facilities | - | - | - | 0.08% | |
| Health Care Services | - | - | - | 0.00% | |
| Consumer Staples | 8.05% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 4.03% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 4.03% | - | |
| Personal Products | - | - | - | 2.01% | |
| Food Retailers & Wholesalers | - | - | - | 1.14% | |
| Nondurable Household Products | - | - | - | 0.78% | |
| Drug Retailers | - | - | - | 0.10% | |
| Food, Beverage & Tobacco | - | 4.01% | - | - | |
| Beverages | - | - | 2.26% | - | |
| Distillers & Vintners | - | - | - | 1.15% | |
| Soft Drinks | - | - | - | 0.85% | |
| Brewers | - | - | - | 0.26% | |
| Food Producers | - | - | 1.75% | - | |
| Food Products | - | - | - | 1.68% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.04% | |
| Fruit & Grain Processing | - | - | - | 0.03% | |
| Cash and Equivalents | 7.73% | - | - | - | |
| Energy | 5.65% | - | - | - | |
| Energy | - | 5.65% | - | - | |
| Non-Renewable Energy | - | - | 5.62% | - | |
| Integrated Oil & Gas | - | - | - | 4.30% | |
| Oil: Crude Producers | - | - | - | 0.59% | |
| Oil Refining and Marketing | - | - | - | 0.42% | |
| Oil Equipment & Services | - | - | - | 0.17% | |
| Pipelines | - | - | - | 0.14% | |
| Coal | - | - | - | 0.00% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.03% | - | |
| Renewable Energy Equipment | - | - | - | 0.02% | |
| Alternative Fuels | - | - | - | 0.00% | |
| Basic Materials | 4.51% | - | - | - | |
| Basic Resources | - | 3.25% | - | - | |
| Industrial Metals & Mining | - | - | 2.79% | - | |
| General Mining | - | - | - | 1.87% | |
| Iron & Steel | - | - | - | 0.34% | |
| Copper | - | - | - | 0.30% | |
| Metal Fabricating | - | - | - | 0.13% | |
| Aluminum | - | - | - | 0.11% | |
| Nonferrous Metals | - | - | - | 0.04% | |
| Precious Metals & Mining | - | - | 0.33% | - | |
| Gold Mining | - | - | - | 0.29% | |
| Platinum & Precious Metals | - | - | - | 0.03% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.13% | - | |
| Paper | - | - | - | 0.09% | |
| Diversified Materials | - | - | - | 0.04% | |
| Chemicals | - | 1.26% | - | - | |
| Chemicals | - | - | 1.26% | - | |
| Chemicals: Diversified | - | - | - | 0.82% | |
| Specialty Chemicals | - | - | - | 0.32% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.07% | |
| Fertilizers | - | - | - | 0.05% | |
| Telecommunications | 3.49% | - | - | - | |
| Telecommunications | - | 3.49% | - | - | |
| Telecommunications Service Providers | - | - | 1.78% | - | |
| Telecommunications Services | - | - | - | 1.76% | |
| Cable Television Services | - | - | - | 0.02% | |
| Telecommunications Equipment | - | - | 1.70% | - | |
| Telecommunications Equipment | - | - | - | 1.70% | |
| Utilities | 3.05% | - | - | - | |
| Utilities | - | 3.05% | - | - | |
| Gas, Water & Multi-utilities | - | - | 1.58% | - | |
| Multi-Utilities | - | - | - | 1.12% | |
| Water | - | - | - | 0.27% | |
| Gas Distribution | - | - | - | 0.20% | |
| Electricity | - | - | 1.41% | - | |
| Conventional Electricity | - | - | - | 1.19% | |
| Alternative Electricity | - | - | - | 0.22% | |
| Waste & Disposal Services | - | - | 0.07% | - | |
| Waste & Disposal Services | - | - | - | 0.07% | |
| Real Estate | 2.31% | - | - | - | |
| Real Estate | - | 2.31% | - | - | |
| Real Estate Investment Trusts | - | - | 1.66% | - | |
| Diversified REITs | - | - | - | 0.45% | |
| Industrial REITs | - | - | - | 0.37% | |
| Retail REITs | - | - | - | 0.19% | |
| Office REITs | - | - | - | 0.16% | |
| Residential REITs | - | - | - | 0.16% | |
| Timber REITs | - | - | - | 0.13% | |
| Storage REITs | - | - | - | 0.09% | |
| Health Care REITs | - | - | - | 0.07% | |
| Other Specialty REITs | - | - | - | 0.02% | |
| Hotel & Lodging REITs | - | - | - | 0.02% | |
| Real Estate Investment & Services | - | - | 0.64% | - | |
| Real Estate Holding and Development | - | - | - | 0.56% | |
| Real Estate Services | - | - | - | 0.08% | |
| Non-Classified | 1.82% | - | - | - | |
| Non-Classified | - | 0.11% | - | - | |
| Non-Classified | - | - | 0.11% | - | |
| Non-Classified | - | - | - | 0.11% | |
| Alternative Trading Strategies | 0.78% | - | - | - | |
| Alternative Trading Strategies | - | 0.78% | - | - | |
| Alternative Trading Strategies | - | - | 0.78% | - | |
| Alternative Trading Strategies | - | - | - | 0.78% | |
| Bonds | 0.11% | - | - | - | |
Regional Allocation
| UK | 32.13% | |
| Developed Europe - Excl UK | 13.75% | |
| North America | 13.65% | |
| Emerging Asia | 13.57% | |
| Cash and Equivalents | 7.73% | |
| Japan | 7.41% | |
| Australia & New Zealand | 4.30% | |
| Non-Classified | 2.82% | |
| Developed Asia | 2.05% | |
| Other Regions | 2.60% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 92.16% | |
| Cash | 7.73% | |
| Euro | 0.07% | |
| Swiss Franc | 0.02% | |
| US Dollar | 0.02% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 32.13% | - | |
United Kingdom
|
- | 32.25% | |
| Developed Europe - Excl UK | 13.75% | - | |
Switzerland
|
- | 2.75% | |
France
|
- | 2.69% | |
Germany
|
- | 1.85% | |
Netherlands
|
- | 1.47% | |
Denmark
|
- | 1.09% | |
Spain
|
- | 0.86% | |
Ireland
|
- | 0.84% | |
Sweden
|
- | 0.83% | |
Italy
|
- | 0.53% | |
Finland
|
- | 0.28% | |
Belgium
|
- | 0.25% | |
Norway
|
- | 0.14% | |
Portugal
|
- | 0.11% | |
Luxembourg
|
- | 0.05% | |
Austria
|
- | 0.01% | |
| North America | 13.65% | - | |
United States
|
- | 12.12% | |
Canada
|
- | 1.53% | |
| Emerging Asia | 13.57% | - | |
Taiwan
|
- | 5.98% | |
South Korea
|
- | 3.98% | |
India
|
- | 1.23% | |
China
|
- | 1.10% | |
Malaysia
|
- | 0.61% | |
Thailand
|
- | 0.53% | |
Indonesia
|
- | 0.09% | |
Philippines
|
- | 0.05% | |
| Cash and Equivalents | 7.73% | - | |
| Japan | 7.41% | - | |
Japan
|
- | 7.41% | |
| Australia & New Zealand | 4.30% | - | |
Australia
|
- | 4.00% | |
New Zealand
|
- | 0.26% | |
New Caledonia
|
- | 0.04% | |
| Non-Classified | 2.82% | - | |
| Developed Asia | 2.05% | - | |
Hong Kong
|
- | 1.31% | |
Singapore
|
- | 0.73% | |
| Property | 1.38% | - | |
| Emerging Europe | 0.45% | - | |
Turkey
|
- | 0.19% | |
Greece
|
- | 0.14% | |
Poland
|
- | 0.06% | |
Hungary
|
- | 0.04% | |
Czech Republic
|
- | 0.02% | |
Russian Federation
|
- | 0.00% | |
| South & Central America | 0.42% | - | |
Brazil
|
- | 0.26% | |
Mexico
|
- | 0.11% | |
Chile
|
- | 0.03% | |
Colombia
|
- | 0.02% | |
| Middle East & Africa | 0.36% | - | |
South Africa
|
- | 0.16% | |
United Arab Emirates
|
- | 0.12% | |
Israel
|
- | 0.07% | |
Saudi Arabia
|
- | 0.02% | |
Breakdown By Market Cap (%)
| Mega |
|
53.98% |
| Large |
|
20.16% |
| Medium |
|
7.77% |
| Small |
|
1.49% |
| Micro |
|
0.19% |
| Non-Classified |
|
8.58% |
| Bonds |
|
0.11% |
| Cash |
|
7.73% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 2.87% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | HSBC HOLDINGS | 2.30% | Banks | United Kingdom |
| 3 | SHELL | 2.23% | Non-Renewable Energy | United Kingdom |
| 4 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.02% | Technology Hardware & Equipment | Taiwan |
| 5 | UNILEVER | 1.68% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 6 | SAMSUNG ELECTRONICS CO. LTD | 1.31% | Telecommunications Equipment | South Korea |
| 7 | RELX | 1.29% | Media | United Kingdom |
| 8 | BP | 1.17% | Non-Renewable Energy | United Kingdom |
| 9 | LONDON STOCK EXCHANGE GROUP | 1.05% | Finance & Credit Services | United Kingdom |
| 10 | DIAGEO | 1.03% | Beverages | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 0.58% | 11.46% | - | - | - | - | - | - | 12.04% |
| Telecommunications | 0.44% | 3.05% | - | 0.07% | - | - | - | - | 3.56% |
| Financials | 7.03% | 11.47% | - | 0.02% | - | - | 0.80% | - | 19.31% |
| Real Estate | 0.20% | 0.86% | - | - | - | 1.25% | - | - | 2.31% |
| Consumer Discretionary | 3.94% | 6.62% | - | 0.02% | - | - | - | - | 10.58% |
| Consumer Staples | 4.99% | 3.06% | - | - | - | - | - | - | 8.05% |
| Energy | 3.53% | 2.12% | - | - | - | - | - | - | 5.65% |
| Utilities | 1.22% | 1.84% | - | - | - | - | - | - | 3.05% |
| Health Care | 3.66% | 5.18% | - | - | - | - | - | - | 8.84% |
| Industrials | 3.81% | 7.97% | - | - | - | - | - | - | 11.78% |
| Basic Materials | 1.96% | 2.55% | - | - | - | - | 0.01% | - | 4.51% |
| Cash and Equivalents | - | - | - | - | - | - | - | 7.73% | 7.73% |
| Non-Classified | 0.13% | 0.25% | - | - | - | 0.04% | 2.17% | - | 2.59% |
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 Long Term Growth Index Fund – the underlying fund. Underlying fund objective: The fund invests, primarily via other M&G funds, in the shares of UK and overseas companies. The fund is passively managed with a benchmark of 35% in UK equities and 65% in overseas equities. For the overseas shares the fund is passively managed against an internal composite benchmark asset allocation set by the M&G Treasury and Investment Office. The sub-funds 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. 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 |
| Sector | ABI 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.
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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.