WS Prudential Risk Managed Active 1 Class A Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/11/19
to
30/11/20
30/11/20
to
30/11/21
30/11/21
to
30/11/22
30/11/22
to
30/11/23
30/11/23
to
30/11/24
Fund 4.6% 3.1% -10.1% 2.0% 9.1%
Benchmark 3.2% 3.7% -9.5% 1.3% 9.1%

Annualised performance

Annualised
3 Years to
30/11/24
5 Years to
30/11/24
10 Years to
30/11/24
Fund 0.0% 1.5% 2.7%
Benchmark 0.0% 1.4% 2.4%

Top 10 Holdings

Stock % Weight
GBP FWD ASSET 18 NOV 2024 1.89
iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) 1.11
L&G FREEHOLD PROPERTY 1.08
M&G EUROPEAN PROPERTY 0.48
GBP FWD ASSET 18 NOV 2024 0.48
⅞ Treasury 2046 0.41
CBT US 5YR NOT (CB Dec24 0.40
GBP FWD ASSET 18 NOV 2024 0.36
3¼% Treasury Gilt 2044 0.35
CBT US 5YR NOT (CB Dec24 0.27
Total 6.83

Fund Aims

The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 9%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 9%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.

Fund Manager

M&G Treasury & Investment Office manager for 8 years and 1 months

Photo of M&G Treasury & Investment Office The M&G Treasury and Investment Office (T&IO) is our team of in-house investment strategists and ‘manager of managers’ for Pru in the UK. They are independent of the various underlying asset management businesses within M&G plc and carry out various stages of the investment process including setting the strategic asset allocation, manager selection and oversight and portfolio management*. The team includes investment professionals with expertise in capital market research, investment strategy design, liability management, derivatives and portfolio management*. * M&G Investment Management Ltd are the investment managers for the WS Prudential Risk Managed Active and Risk Managed Passive Funds. They make the relevant adjustments to the portfolios based on T&IO recommendations.

Fund Overview

Mid (23/12/2024) 168.77p
Historic yield 1.60%
Fund size (30/11/2024) £109.83m
Number of holdings 7924
Entry Charge 0.00%
Ongoing Charges 0.88%
Launch date 22/01/2010

Asset Allocation

pie chart
  International Bonds 45.71%
  Alternative Trading Strategies 10.42%
  International Equities 9.73%
  UK Corporate Bonds 7.95%
  Cash and Equivalents 4.35%
  Property 3.72%
  UK Equities 3.45%
  Investment Trusts 1.83%
  UK Gilts 0.97%
  Other Assets 11.88%

Commentary

November 2024 Investment Summary

A positive month for the Active range with returns ranging from +0.51% for Active 1 to +1.72% for Active 5.
*P Acc share class with data sourced from FE analytics as at 29 November 2024.

November 2024 was a better month for portfolios generally.

Most major equity markets saw gains in November, with global stocks rising back to all-time highs. Chinese stocks pared back last month’s gains. The Nasdaq and S&P 500 rose from last month, with the S&P 500 increasing 5.4% and Nasdaq 7.5%. Financials and Consumer Discretionary led the sector specific performance, while healthcare continued to lag. The FTSE 100 made smaller gains of 1.7%, with markets recouping losses from the fallout of October’s UK budget announcement. The Stoxx Europe 600 Index was flat this month with Information Technology and Communication services the top two sectors registering a positive return over the month.

Donald Trump was announced as the new US President at the start of November, with a Republican party sweep secured. Government bond prices were higher as the ten-year Treasury yield lowered to 4.18% from 4.28% over the month, hovering at seven week lows, with investors concerned that Trump’s policy proposals could be inflationary. Federal Reserve chair Jay Powell stated the Fed will wait and see how Trump’s plans unfold before it makes policy adjustments. “The decisions we’re making right now are not about that” “they’re about what’s happening in the economy now”. It remains prepared to respond, if labour market data weakens unexpectedly, with markets pricing a further 0.25% cut at the next meeting in December at 87%.

US labour market data this month showed payrolls increased by 227,000 in November, higher than forecast. It marks a strong recovery from October’s weak “hurricane affected” jobs report - the weakest since December 2020, and highlights the current labour markets resilience. US retail sales, measuring the quantity of goods bought, rose slightly more than expected while consumer confidence rose for the fifth month running to a seven-month high, as household expectations for business conditions and personal finances improved after the US Election. Unemployment data increased to 4.2%, from October’s four month low of 4.1%.

Tensions in the Middle East and the prospect of further escalation in the region have subsided somewhat. A US-brokered ceasefire has taken effect in Lebanon raising hopes of an end to the year- long conflict between Israel and Hezbollah. The agreement calls for an initial 60-day ceasefire and the withdrawal of the Lebanese militant group and Israeli troops from southern Lebanon. The conflicts impact still remains limited on the global economy as Brent Crude prices remain range-bound rising to $74/barrel from $73/barrel in November.

Central banks cutting cycles have been rapidly reassessed in recent weeks, following stronger data, fiscal/policy uncertainty and some stickier inflation. A robust US economy, with the potential for increased spending and tax cuts, should be good for risk assets, but regional differentiation could be larger than usual, with decoupled economic cycles and the potential for trade wars. Heightened geo-political tensions remain a significant near-term risk.

WS Prudential Risk Managed Active - Tactical asset allocation activity

We currently have an equity overweight of +1.35%, made up of a diversified basket across the US, UK, Asia and GEM. This is funded from small underweights in US Credit, European credit and cash. We also hold small overweight positions in US Treasuries, UK Gilts and Real Estate (REITs).

Portfolio data accurate as at: 30/11/24

Important Information

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 ongoing charges, but take no account of product charges. Ongoing charges 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 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 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 45.71%
  Alternative Trading Strategies 10.42%
  International Equities 9.73%
  UK Corporate Bonds 7.95%
  Cash and Equivalents 4.35%
  Property 3.72%
  UK Equities 3.45%
  Investment Trusts 1.83%
  UK Gilts 0.97%
  Other Assets 11.88%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 54.62% - - -
 
Non-Classified 13.29% - - -
 
Non-Classified - 0.91% - -
 
Non-Classified - - 0.91% -
 
Non-Classified - - - 0.91%
 
Alternative Trading Strategies 10.42% - - -
 
Alternative Trading Strategies - 10.42% - -
 
Alternative Trading Strategies - - 10.42% -
 
Alternative Trading Strategies - - - 10.42%
 
Financials 4.70% - - -
 
Financial Services - 2.78% - -
 
Equity Investment Instruments - - 1.84% -
 
Equity Investment Instruments - - - 1.84%
 
Investment Banking & Brokerage Services - - 0.81% -
 
Asset Managers & Custodians - - - 0.57%
 
Investment Services - - - 0.16%
 
Diversified Financial Services - - - 0.08%
 
Finance & Credit Services - - 0.14% -
 
Financial Data & Systems - - - 0.07%
 
Consumer Lending - - - 0.04%
 
Mortgage Finance - - - 0.02%
 
Nonequity Investment Instruments - - 0.00% -
 
Nonequity Investment Instruments - - - 0.00%
 
Banks - 1.39% - -
 
Banks - - 1.39% -
 
Banks - - - 1.39%
 
Insurance - 0.53% - -
 
Life Insurance - - 0.28% -
 
Life Insurance - - - 0.28%
 
Non-life Insurance - - 0.25% -
 
Property & Casualty Insurance - - - 0.13%
 
Full Line Insurance - - - 0.06%
 
Insurance Brokers - - - 0.03%
 
Reinsurance - - - 0.03%
 
Cash and Equivalents 4.35% - - -
 
Industrials 1.98% - - -
 
Industrial Goods & Services - 1.81% - -
 
Industrial Transportation - - 0.64% -
 
Railroads - - - 0.36%
 
Transportation Services - - - 0.13%
 
Marine Transportation - - - 0.07%
 
Commercial Vehicles & Parts - - - 0.02%
 
Delivery Services - - - 0.02%
 
Commercial Vehicle-Equipment Leasing - - - 0.02%
 
Railroad Equipment - - - 0.00%
 
Trucking - - - 0.00%
 
Industrial Support Services - - 0.32% -
 
Professional Business Support Services - - - 0.12%
 
Industrial Suppliers - - - 0.09%
 
Transaction Processing Services - - - 0.05%
 
Business Training & Employment Agencies - - - 0.03%
 
Security Services - - - 0.02%
 
General Industrials - - 0.25% -
 
Diversified Industrials - - - 0.15%
 
Containers & Packaging - - - 0.08%
 
Glass - - - 0.00%
 
Plastics - - - 0.00%
 
Paints & Coatings - - - 0.00%
 
Electronic & Electrical Equipment - - 0.23% -
 
Electrical Components - - - 0.14%
 
Electronic Equipment: Gauges & Meters - - - 0.03%
 
Electronic Equipment: Control & Filter - - - 0.03%
 
Electronic Equipment: Pollution Control - - - 0.01%
 
Electronic Equipment: Other - - - 0.01%
 
Industrial Engineering - - 0.19% -
 
Machinery: Industrial - - - 0.06%
 
Machinery: Construction & Handling - - - 0.05%
 
Machinery: Engines - - - 0.04%
 
Machinery: Tools - - - 0.03%
 
Machinery: Specialty - - - 0.01%
 
Machinery: Agricultural - - - 0.00%
 
Aerospace & Defence - - 0.19% -
 
Defense - - - 0.10%
 
Aerospace - - - 0.09%
 
Construction & Materials - 0.17% - -
 
Construction & Materials - - 0.17% -
 
Building Materials: Other - - - 0.06%
 
Construction - - - 0.04%
 
Cement - - - 0.04%
 
Building: Climate Control - - - 0.02%
 
Engineering & Contracting Services - - - 0.01%
 
Building, Roofing/Wallboard & Plumbing - - - 0.01%
 
Property 1.75% - - -
 
Property - 1.75% - -
 
Property - - 1.75% -
 
Property - - - 1.75%
 
Consumer Discretionary 1.57% - - -
 
Retail - 0.47% - -
 
Retailers - - 0.47% -
 
Diversified Retailers - - - 0.28%
 
Specialty Retailers - - - 0.09%
 
Apparel Retailers - - - 0.06%
 
Home Improvement Retailers - - - 0.05%
 
Consumer Products & Services - 0.36% - -
 
Household Goods & Home Construction - - 0.13% -
 
Home Construction - - - 0.10%
 
Household Appliance - - - 0.03%
 
Household Equipment & Products - - - 0.00%
 
Household Furnishings - - - 0.00%
 
Personal Goods - - 0.09% -
 
Clothing & Accessories - - - 0.04%
 
Luxury Items - - - 0.03%
 
Cosmetics - - - 0.01%
 
Footwear - - - 0.01%
 
Leisure Goods - - 0.07% -
 
Consumer Electronics - - - 0.03%
 
Electronic Entertainment - - - 0.02%
 
Recreational Vehicles & Boats - - - 0.01%
 
Toys - - - 0.01%
 
Photography - - - 0.01%
 
Recreational Products - - - 0.00%
 
Consumer Services - - 0.06% -
 
Vending & Catering Service - - - 0.04%
 
Consumer Services: Misc. - - - 0.02%
 
Education Services - - - 0.00%
 
Rental & Leasing Services: Consumer - - - 0.00%
 
Travel & Leisure - 0.29% - -
 
Travel & Leisure - - 0.29% -
 
Hotels & Motels - - - 0.11%
 
Restaurants & Bars - - - 0.06%
 
Airlines - - - 0.05%
 
Casinos & Gambling - - - 0.04%
 
Travel & Tourism - - - 0.03%
 
Recreational Services - - - 0.01%
 
Automobiles & Parts - 0.25% - -
 
Automobiles & Parts - - 0.25% -
 
Automobiles - - - 0.17%
 
Auto Parts - - - 0.08%
 
Tires - - - 0.00%
 
Media - 0.20% - -
 
Media - - 0.20% -
 
Publishing - - - 0.08%
 
Media Agencies - - - 0.07%
 
Radio & TV Broadcasters - - - 0.04%
 
Entertainment - - - 0.02%
 
Technology 1.43% - - -
 
Technology - 1.43% - -
 
Software & Computer Services - - 0.81% -
 
Consumer Digital Services - - - 0.44%
 
Software - - - 0.20%
 
Computer Services - - - 0.17%
 
Technology Hardware & Equipment - - 0.62% -
 
Semiconductors - - - 0.42%
 
Computer Hardware - - - 0.08%
 
Electronic Components - - - 0.06%
 
Production Technology Equipment - - - 0.05%
 
Electronic Office Equipment - - - 0.00%
 
Real Estate 1.29% - - -
 
Real Estate - 1.29% - -
 
Real Estate Investment Trusts - - 1.04% -
 
Diversified REITs - - - 0.22%
 
Industrial REITs - - - 0.19%
 
Infrastructure REITs - - - 0.12%
 
Retail REITs - - - 0.10%
 
Residential REITs - - - 0.10%
 
Office REITs - - - 0.09%
 
Other Specialty REITs - - - 0.08%
 
Health Care REITs - - - 0.07%
 
Storage REITs - - - 0.06%
 
Hotel & Lodging REITs - - - 0.01%
 
Timber REITs - - - 0.01%
 
Real Estate Investment & Services - - 0.25% -
 
Real Estate Holding and Development - - - 0.19%
 
Real Estate Services - - - 0.06%
 
Utilities 1.22% - - -
 
Utilities - 1.22% - -
 
Electricity - - 0.76% -
 
Conventional Electricity - - - 0.74%
 
Alternative Electricity - - - 0.02%
 
Gas, Water & Multi-utilities - - 0.45% -
 
Multi-Utilities - - - 0.30%
 
Water - - - 0.08%
 
Gas Distribution - - - 0.07%
 
Waste & Disposal Services - - 0.01% -
 
Waste & Disposal Services - - - 0.01%
 
Consumer Staples 0.79% - - -
 
Food, Beverage & Tobacco - 0.42% - -
 
Beverages - - 0.24% -
 
Soft Drinks - - - 0.10%
 
Distillers & Vintners - - - 0.08%
 
Brewers - - - 0.06%
 
Food Producers - - 0.16% -
 
Food Products - - - 0.15%
 
Farming, Fishing, Ranching & Plantations - - - 0.01%
 
Sugar - - - 0.00%
 
Fruit & Grain Processing - - - 0.00%
 
Tobacco - - 0.02% -
 
Tobacco - - - 0.02%
 
Personal Care, Drug & Grocery Stores - 0.38% - -
 
Personal Care, Drug & Grocery Stores - - 0.38% -
 
Food Retailers & Wholesalers - - - 0.18%
 
Personal Products - - - 0.13%
 
Nondurable Household Products - - - 0.04%
 
Drug Retailers - - - 0.03%
 
Energy 0.75% - - -
 
Energy - 0.75% - -
 
Non-Renewable Energy - - 0.73% -
 
Integrated Oil & Gas - - - 0.28%
 
Pipelines - - - 0.27%
 
Oil: Crude Producers - - - 0.06%
 
Oil Equipment & Services - - - 0.05%
 
Oil Refining and Marketing - - - 0.05%
 
Coal - - - 0.02%
 
Offshore Drilling & Other Services - - - 0.00%
 
Renewable Energy - - 0.02% -
 
Renewable Energy Equipment - - - 0.01%
 
Alternative Fuels - - - 0.00%
 
Health Care 0.73% - - -
 
Health Care - 0.73% - -
 
Pharmaceuticals & Biotechnology - - 0.55% -
 
Pharmaceuticals - - - 0.49%
 
Biotechnology - - - 0.06%
 
Medical Equipment & Services - - 0.12% -
 
Medical Equipment - - - 0.09%
 
Medical Supplies - - - 0.03%
 
Medical Services - - - 0.00%
 
Health Care Providers - - 0.06% -
 
Health Care Management Services - - - 0.04%
 
Health Care Facilities - - - 0.02%
 
Health Care Services - - - 0.01%
 
Basic Materials 0.55% - - -
 
Basic Resources - 0.39% - -
 
Industrial Metals & Mining - - 0.27% -
 
General Mining - - - 0.15%
 
Iron & Steel - - - 0.07%
 
Copper - - - 0.02%
 
Aluminum - - - 0.02%
 
Metal Fabricating - - - 0.02%
 
Nonferrous Metals - - - 0.00%
 
Precious Metals & Mining - - 0.09% -
 
Gold Mining - - - 0.08%
 
Platinum & Precious Metals - - - 0.01%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.03% -
 
Paper - - - 0.02%
 
Diversified Materials - - - 0.01%
 
Chemicals - 0.16% - -
 
Chemicals - - 0.16% -
 
Chemicals: Diversified - - - 0.11%
 
Specialty Chemicals - - - 0.04%
 
Fertilizers - - - 0.01%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Telecommunications 0.54% - - -
 
Telecommunications - 0.54% - -
 
Telecommunications Service Providers - - 0.34% -
 
Telecommunications Services - - - 0.32%
 
Cable Television Services - - - 0.02%
 
Telecommunications Equipment - - 0.21% -
 
Telecommunications Equipment - - - 0.21%
 
Commodities 0.00% - - -
 
Commodities - 0.00% - -
 
Commodities - - 0.00% -
 
Commodities - - - 0.00%

Regional Allocation

pie chart
  Non-Classified 27.67%
  North America 20.72%
  UK 12.36%
  Developed Europe - Excl UK 12.10%
  Emerging Asia 11.67%
  Cash and Equivalents 4.35%
  Property 3.70%
  Developed Asia 2.61%
  South & Central America 1.52%
  Other Regions 3.31%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 41.03%
  Pound Sterling 20.63%
  US Dollar 18.22%
  Euro 5.48%
  Cash 4.35%
  Malaysian Ringgit 1.57%
  Other Currencies 8.72%

Regional Breakdown

Expand allCollapse all
Region Country
 
Non-Classified 27.67% -
 
North America 20.72% -
 
United States - 19.26%
 
Canada - 1.46%
 
UK 12.36% -
 
United Kingdom - 12.36%
 
Developed Europe - Excl UK 12.10% -
 
France - 3.48%
 
Netherlands - 2.03%
 
Germany - 1.81%
 
Luxembourg - 1.07%
 
Switzerland - 0.62%
 
Spain - 0.57%
 
Sweden - 0.56%
 
Italy - 0.53%
 
Denmark - 0.35%
 
Ireland - 0.25%
 
Norway - 0.25%
 
Finland - 0.24%
 
Belgium - 0.17%
 
Austria - 0.09%
 
Iceland - 0.05%
 
Portugal - 0.03%
 
Emerging Asia 11.67% -
 
India - 2.01%
 
South Korea - 2.01%
 
Indonesia - 1.92%
 
Malaysia - 1.67%
 
Philippines - 1.28%
 
Thailand - 1.22%
 
China - 0.90%
 
Taiwan - 0.29%
 
Uzbekistan - 0.07%
 
Viet Nam - 0.06%
 
Sri Lanka - 0.04%
 
Kazakhstan - 0.04%
 
Azerbaijan - 0.04%
 
Tajikistan - 0.03%
 
Georgia - 0.03%
 
Pakistan - 0.02%
 
Papua New Guinea - 0.01%
 
Armenia - 0.01%
 
Mongolia - 0.01%
 
Macau - 0.00%
 
Cash and Equivalents 4.35% -
 
Property 3.70% -
 
Developed Asia 2.61% -
 
Singapore - 1.38%
 
Hong Kong - 1.23%
 
South & Central America 1.52% -
 
Mexico - 0.52%
 
Brazil - 0.21%
 
Colombia - 0.17%
 
Peru - 0.10%
 
Dominican Republic - 0.09%
 
Argentina - 0.08%
 
Uruguay - 0.06%
 
Paraguay - 0.05%
 
Venezuela - 0.03%
 
Trinidad and Tobago - 0.03%
 
Guatemala - 0.03%
 
Jamaica - 0.03%
 
Barbados - 0.03%
 
Suriname - 0.02%
 
Ecuador - 0.02%
 
Honduras - 0.02%
 
Chile - 0.01%
 
Costa Rica - 0.01%
 
Bolivia - 0.00%
 
Middle East & Africa 1.16% -
 
South Africa - 0.51%
 
United Arab Emirates - 0.09%
 
Israel - 0.07%
 
Egypt - 0.05%
 
Morocco - 0.04%
 
Cote D'Ivoire - 0.04%
 
Qatar - 0.04%
 
Nigeria - 0.04%
 
Oman - 0.03%
 
Gabon - 0.03%
 
Kenya - 0.03%
 
Benin - 0.03%
 
Senegal - 0.03%
 
Jordan - 0.02%
 
Cameroon - 0.02%
 
Mozambique - 0.02%
 
Rwanda - 0.02%
 
Angola - 0.02%
 
Saudi Arabia - 0.01%
 
Ethiopia - 0.01%
 
Kuwait - 0.01%
 
Ghana - 0.00%
 
Japan 1.04% -
 
Japan - 1.04%
 
Australia & New Zealand 0.57% -
 
Australia - 0.51%
 
New Zealand - 0.06%
 
New Caledonia - 0.00%
 
Emerging Europe 0.54% -
 
Romania - 0.12%
 
Poland - 0.12%
 
Turkey - 0.10%
 
Hungary - 0.07%
 
Serbia - 0.04%
 
Ukraine - 0.04%
 
Greece - 0.02%
 
Bosnia and Herzegowina - 0.01%
 
Albania - 0.01%
 
Montenegro - 0.01%
 
Czech Republic - 0.00%
 
Russian Federation - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
6.06%
Large
 
 
3.57%
Medium
 
 
2.63%
Small
 
 
0.76%
Micro
 
 
1.05%
Non-Classified
 
 
26.95%
Bonds
 
 
54.62%
Cash
 
 
4.35%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
25.84%
5Yr - 10Yr Maturity
 
 
14.65%
10Yr - 15Yr Maturity
 
 
4.10%
> 15Yr Maturity
 
 
10.03%
Cash And Equivalents
 
 
4.35%
Unknown Maturity
 
 
12.23%
Other Asset Types
 
 
28.79%

Fixed Interest Quality Profile

AAA
 
 
4.88%
AA
 
 
4.36%
A
 
 
10.87%
BBB
 
 
12.98%
Sub-Investment Grade
 
 
3.73%
Unknown Quality
 
 
17.82%
Cash and Equivalents
 
 
4.35%
Other Asset Types
 
 
41.03%

Top 10 Fund Holdings

Name % Weight Sector Country
1 M&G (1) Sterling Investment Grade Corporate Bond Class Z2A GBP 21.38% Managed Funds Managed Funds
2 M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc 13.15% Managed Funds Managed Funds
3 M&G (LUX) FCP Asian Local CCY Bond Class ZI 9.63% Managed Funds Managed Funds
4 M&G (1) US Corporate Bond Class Z4A GBP 7.69% Managed Funds Managed Funds
5 M&G European Credit Investment Class E GBP Hedged 4.39% Managed Funds Managed Funds
6 M&G Emerging Markets Bond Class PP GBP 4.10% Managed Funds Managed Funds
7 M&G (1) US Short Duration Corporate Bond Class Z4A GBP 3.29% Managed Funds Managed Funds
8 M&G (Lux) Asian Corporate Bond Class ZI-H A 3.24% Managed Funds Managed Funds
9 M&G Global High Yield Bond Class A GBP 2.39% Managed Funds Managed Funds
10 M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A 1.84% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 GBP FWD ASSET 18 NOV 2024 1.89% Non-Classified Non-Classified
2 iShares iShares II plc Asia Property Yield UCITS ETF USD (Dist) 1.11% Non-Classified Direct Property and REITs
3 L&G FREEHOLD PROPERTY 1.08% Property Direct Property and REITs
4 M&G EUROPEAN PROPERTY 0.48% Property Direct Property and REITs
5 GBP FWD ASSET 18 NOV 2024 0.48% Non-Classified Non-Classified
6 ⅞ Treasury 2046 0.41% Bonds United Kingdom
7 CBT US 5YR NOT (CB Dec24 0.40% Non-Classified Non-Classified
8 GBP FWD ASSET 18 NOV 2024 0.36% Non-Classified Non-Classified
9 3¼% Treasury Gilt 2044 0.35% Bonds United Kingdom
10 CBT US 5YR NOT (CB Dec24 0.27% Non-Classified Non-Classified

Important Information

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 B5460Q4
Mex Code PUPLVE
Isin Code GB00B5460Q40
Citi Code I2R9

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.88%

Aims and Benchmark

Aims The Sub-fund aims to achieve long-term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit the average volatility per annum over rolling 5 year periods to 9%. There is no guarantee the objective will be achieved over any time period and the actual volatility, at any time, may be higher or lower than 9%. Capital invested is at risk. There is no guarantee that the volatility target will be met and at any time the actual volatility may be higher or lower than the long-term target.
Benchmark IA Mixed Investment 0-35% shares
Benchmark Category Comparator
IA Sector Volatility Managed

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 November 31 December

Ratings

FE Crown Crown Rating of 1

Effect of Deductions

Assuming a growth rate of 5.00% Assuming a growth rate of 6.00%
2.50% 3.00%

Fund Administration

Fund Trustee/Depository The Bank of New York Mellon (International) Limited
Fund Administrator Waystone
Fund Registrar Waystone
Fund Custodian The Bank of New York Mellon (International) Limited

Group Details

Group name Waystone Management (UK) Limited
Group address PO Box 389, DARLINGTON, DL1 9UF
Group telephone 0345 9220044
Dealing telephone 0344 3358936
Email wtas-investorservices@waystone.com
Homepage www.waystone.com
Fax number 0113 2246001

Dealing

Minimum Investment £500
Minimum Top Up £250
Minimum Regular Saving £50
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges 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.