Prudential BlackRock Aquila Pacific Rim Equity Index S3

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

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 -5.4% 27.4% -10.6% 4.9% 5.2%
Benchmark -5.6% 29.8% -11.1% 2.8% 8.0%

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 0.8% -0.4% 3.5% 6.7%
Benchmark 0.9% -0.4% 3.9% 6.7%

Top 10 Holdings

Stock % Weight
SAMSUNG ELECTRONICS CO. LTD 8.65
BHP GROUP LIMITED 5.10
COMMONWEALTH BANK OF AUSTRALIA 4.59
CSL LTD 3.07
AIA GROUP LIMITED 3.01
SK HYNIX 2.52
NATIONAL AUSTRALIA BANK LIMITED 2.42
WESTPAC BANKING CORPORATION 2.06
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 1.93
DBS GROUP HOLDINGS LTD 1.82
Total 35.16

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Blackrock Aquila Life Pacific Rim Equity Index Fund - the underlying fund.

Underlying Fund Objective: This fund invests in the shares of companies in the Pacific Rim and aims to achieve a return that is consistent with the return of the FTSE All-World Developed Asia Pacific ex-Japan Index.

Performance objective: To match the performance of the benchmark.

Fund Manager

BlackRock Team Managed manager of the underlying fund for 27 years and 11 months

Photo of BlackRock Team Managed BlackRock Team Managed

Fund Overview

Daily price (22/07/2024) 665.50
Fund size (30/06/2024) £3.15m
Underlying Fund size £851.86m
Number of holdings 406
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 30/04/2004

Asset Allocation

pie chart
  International Equities 93.98%
  Property 3.86%
  Cash and Equivalents 0.70%
  Alternative Trading Strategies 0.13%
  Other Assets 1.33%

Commentary

Performance as at Q1 2024 - MSCI Emerging Markets (EM) fully recovered from January weakness, gaining +2.4% in Q1 although still lagging Developing Markets (DM) (+9.0%) by a decent margin. Positive inflation dynamics and resilient growth in the US led to more muted optimism for early easing, whilst Artificial Intelligence (AI) optimism drove tech heavy markets. EM Asia (+2.4%) was the best performing region, driven by strong returns out of North Asia. Korea (+1.7%) saw decent foreign inflows on strong hopes surrounding the government's corporate Value-Up program. AI optimism was fuelled by strong Nvidia guidance, driving further upside across IT names, helping Taiwan to gain (+12.1%). China (-2.1%) was weaker as economic concerns continued to dominate. India (+6.2%) continues to be an outperformer on building economic confidence and strong earnings reports. Europe Middle East and Africa (EMEA) finished Q1 up +1.1%, with high degrees of dispersion across the region. Saudi Arabia was a net winner with very strong performance from the small and mid-cap space and expectations that OPEC+ voluntary production cuts would extend, supporting the oil price. Central Europe continues to print decent returns with Poland and Greece outpacing the region. On the other hand, South Africa pulled back as equities remain under pressure from a stronger US dollar and rising election uncertainty. Egypt was the worst performing market across Emerging Markets. Latin America lagged. Brazil was the major driver of muted returns on softer economic data. However, other countries posted positive returns. Peru was the best, followed by Colombia and Argentina. Mexico was flat.

Source: BlackRock

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 93.98%
  Property 3.86%
  Cash and Equivalents 0.70%
  Alternative Trading Strategies 0.13%
  Other Assets 1.33%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 28.50% - - -
 
Banks - 18.34% - -
 
Banks - - 18.34% -
 
Banks - - - 18.34%
 
Insurance - 5.52% - -
 
Life Insurance - - 3.53% -
 
Life Insurance - - - 3.53%
 
Non-life Insurance - - 2.00% -
 
Property & Casualty Insurance - - - 1.40%
 
Full Line Insurance - - - 0.46%
 
Insurance Brokers - - - 0.14%
 
Financial Services - 4.64% - -
 
Investment Banking & Brokerage Services - - 4.61% -
 
Investment Services - - - 3.89%
 
Asset Managers & Custodians - - - 0.36%
 
Diversified Financial Services - - - 0.36%
 
Finance & Credit Services - - 0.03% -
 
Consumer Lending - - - 0.03%
 
Basic Materials 11.33% - - -
 
Basic Resources - 10.57% - -
 
Industrial Metals & Mining - - 9.90% -
 
General Mining - - - 7.72%
 
Iron & Steel - - - 2.03%
 
Aluminum - - - 0.11%
 
Copper - - - 0.04%
 
Precious Metals & Mining - - 0.67% -
 
Gold Mining - - - 0.53%
 
Platinum & Precious Metals - - - 0.14%
 
Chemicals - 0.76% - -
 
Chemicals - - 0.76% -
 
Chemicals: Diversified - - - 0.61%
 
Specialty Chemicals - - - 0.10%
 
Fertilizers - - - 0.04%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Telecommunications 11.12% - - -
 
Telecommunications - 11.12% - -
 
Telecommunications Equipment - - 9.92% -
 
Telecommunications Equipment - - - 9.92%
 
Telecommunications Service Providers - - 1.19% -
 
Telecommunications Services - - - 1.19%
 
Industrials 9.29% - - -
 
Industrial Goods & Services - 7.78% - -
 
General Industrials - - 2.15% -
 
Containers & Packaging - - - 1.00%
 
Diversified Industrials - - - 0.97%
 
Glass - - - 0.09%
 
Plastics - - - 0.07%
 
Paints & Coatings - - - 0.03%
 
Industrial Transportation - - 2.10% -
 
Marine Transportation - - - 0.89%
 
Transportation Services - - - 0.75%
 
Railroads - - - 0.31%
 
Delivery Services - - - 0.10%
 
Commercial Vehicle-Equipment Leasing - - - 0.05%
 
Electronic & Electrical Equipment - - 1.62% -
 
Electrical Components - - - 1.62%
 
Industrial Engineering - - 1.02% -
 
Machinery: Tools - - - 0.55%
 
Machinery: Construction & Handling - - - 0.26%
 
Machinery: Industrial - - - 0.22%
 
Industrial Support Services - - 0.45% -
 
Business Training & Employment Agencies - - - 0.18%
 
Professional Business Support Services - - - 0.16%
 
Industrial Suppliers - - - 0.07%
 
Security Services - - - 0.03%
 
Transaction Processing Services - - - 0.02%
 
Aerospace & Defence - - 0.42% -
 
Aerospace - - - 0.42%
 
Construction & Materials - 1.52% - -
 
Construction & Materials - - 1.52% -
 
Building Materials: Other - - - 0.61%
 
Construction - - - 0.49%
 
Engineering & Contracting Services - - - 0.25%
 
Building: Climate Control - - - 0.13%
 
Cement - - - 0.04%
 
Consumer Discretionary 8.86% - - -
 
Travel & Leisure - 2.62% - -
 
Travel & Leisure - - 2.62% -
 
Casinos & Gambling - - - 1.90%
 
Airlines - - - 0.55%
 
Travel & Tourism - - - 0.08%
 
Restaurants & Bars - - - 0.07%
 
Hotels & Motels - - - 0.02%
 
Automobiles & Parts - 2.37% - -
 
Automobiles & Parts - - 2.37% -
 
Automobiles - - - 1.85%
 
Auto Parts - - - 0.45%
 
Tires - - - 0.08%
 
Retail - 2.06% - -
 
Retailers - - 2.06% -
 
Diversified Retailers - - - 1.82%
 
Specialty Retailers - - - 0.19%
 
Apparel Retailers - - - 0.05%
 
Consumer Products & Services - 1.63% - -
 
Personal Goods - - 0.61% -
 
Clothing & Accessories - - - 0.31%
 
Cosmetics - - - 0.18%
 
Luxury Items - - - 0.08%
 
Footwear - - - 0.04%
 
Leisure Goods - - 0.44% -
 
Electronic Entertainment - - - 0.35%
 
Consumer Electronics - - - 0.08%
 
Household Goods & Home Construction - - 0.42% -
 
Household Appliance - - - 0.37%
 
Household Furnishings - - - 0.04%
 
Consumer Services - - 0.17% -
 
Education Services - - - 0.10%
 
Vending & Catering Service - - - 0.06%
 
Media - 0.17% - -
 
Media - - 0.17% -
 
Entertainment - - - 0.10%
 
Media Agencies - - - 0.05%
 
Radio & TV Broadcasters - - - 0.02%
 
Health Care 6.49% - - -
 
Health Care - 6.49% - -
 
Pharmaceuticals & Biotechnology - - 4.66% -
 
Pharmaceuticals - - - 3.39%
 
Biotechnology - - - 1.27%
 
Medical Equipment & Services - - 1.45% -
 
Medical Equipment - - - 0.83%
 
Medical Supplies - - - 0.36%
 
Medical Services - - - 0.27%
 
Health Care Providers - - 0.37% -
 
Health Care Facilities - - - 0.23%
 
Health Care Services - - - 0.14%
 
Technology 6.42% - - -
 
Technology - 6.42% - -
 
Technology Hardware & Equipment - - 3.76% -
 
Semiconductors - - - 2.52%
 
Electronic Components - - - 0.49%
 
Computer Hardware - - - 0.45%
 
Production Technology Equipment - - - 0.30%
 
Software & Computer Services - - 2.66% -
 
Consumer Digital Services - - - 1.21%
 
Software - - - 0.99%
 
Computer Services - - - 0.45%
 
Real Estate 6.32% - - -
 
Real Estate - 6.32% - -
 
Real Estate Investment Trusts - - 4.15% -
 
Diversified REITs - - - 1.96%
 
Retail REITs - - - 1.24%
 
Industrial REITs - - - 0.30%
 
Residential REITs - - - 0.25%
 
Office REITs - - - 0.24%
 
Other Specialty REITs - - - 0.11%
 
Hotel & Lodging REITs - - - 0.06%
 
Real Estate Investment & Services - - 2.17% -
 
Real Estate Holding and Development - - - 1.95%
 
Real Estate Services - - - 0.21%
 
Consumer Staples 3.39% - - -
 
Personal Care, Drug & Grocery Stores - 1.83% - -
 
Personal Care, Drug & Grocery Stores - - 1.83% -
 
Food Retailers & Wholesalers - - - 1.68%
 
Personal Products - - - 0.16%
 
Food, Beverage & Tobacco - 1.55% - -
 
Food Producers - - 0.74% -
 
Food Products - - - 0.58%
 
Fruit & Grain Processing - - - 0.16%
 
Beverages - - 0.61% -
 
Distillers & Vintners - - - 0.23%
 
Soft Drinks - - - 0.20%
 
Brewers - - - 0.18%
 
Tobacco - - 0.21% -
 
Tobacco - - - 0.21%
 
Energy 3.20% - - -
 
Energy - 3.20% - -
 
Non-Renewable Energy - - 3.12% -
 
Oil: Crude Producers - - - 1.85%
 
Oil Refining and Marketing - - - 0.62%
 
Coal - - - 0.40%
 
Pipelines - - - 0.24%
 
Renewable Energy - - 0.08% -
 
Renewable Energy Equipment - - - 0.08%
 
Utilities 2.93% - - -
 
Utilities - 2.93% - -
 
Electricity - - 1.44% -
 
Conventional Electricity - - - 0.82%
 
Alternative Electricity - - - 0.61%
 
Gas, Water & Multi-utilities - - 1.31% -
 
Multi-Utilities - - - 1.00%
 
Gas Distribution - - - 0.31%
 
Waste & Disposal Services - - 0.18% -
 
Waste & Disposal Services - - - 0.18%
 
Non-Classified 1.33% - - -
 
Non-Classified - 1.20% - -
 
Non-Classified - - 1.20% -
 
Non-Classified - - - 1.20%
 
Cash and Equivalents 0.70% - - -
 
Alternative Trading Strategies 0.13% - - -
 
Alternative Trading Strategies - 0.13% - -
 
Alternative Trading Strategies - - 0.13% -
 
Alternative Trading Strategies - - - 0.13%

Regional Allocation

pie chart
  Australia & New Zealand 44.20%
  Emerging Asia 30.08%
  Developed Asia 18.87%
  Property 3.80%
  Non-Classified 1.46%
  Developed Europe - Excl UK 0.80%
  Cash and Equivalents 0.70%
  North America 0.07%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 98.96%
  Cash 1.02%
  Won 0.02%

Regional Breakdown

Expand allCollapse all
Region Country
 
Australia & New Zealand 44.20% -
 
Australia - 41.92%
 
New Zealand - 2.28%
 
Emerging Asia 30.08% -
 
South Korea - 29.97%
 
Thailand - 0.10%
 
Malaysia - 0.00%
 
Developed Asia 18.87% -
 
Hong Kong - 11.65%
 
Singapore - 7.22%
 
Property 3.80% -
 
Non-Classified 1.46% -
 
Developed Europe - Excl UK 0.80% -
 
Ireland - 0.46%
 
Luxembourg - 0.20%
 
Italy - 0.15%
 
Cash and Equivalents 0.70% -
 
North America 0.07% -
 
United States - 0.07%

Breakdown By Market Cap (%)

Mega
 
 
51.89%
Large
 
 
27.16%
Medium
 
 
14.89%
Small
 
 
0.81%
Micro
 
 
0.07%
Non-Classified
 
 
4.47%
Cash
 
 
0.70%

Top 10 Holdings

Stock % Weight Sector Country
1 SAMSUNG ELECTRONICS CO. LTD 8.65% Telecommunications Equipment South Korea
2 BHP GROUP LIMITED 5.10% Industrial Metals & Mining Australia
3 COMMONWEALTH BANK OF AUSTRALIA 4.59% Banks Australia
4 CSL LTD 3.07% Pharmaceuticals & Biotechnology Australia
5 AIA GROUP LIMITED 3.01% Life Insurance Hong Kong
6 SK HYNIX 2.52% Technology Hardware & Equipment South Korea
7 NATIONAL AUSTRALIA BANK LIMITED 2.42% Banks Australia
8 WESTPAC BANKING CORPORATION 2.06% Banks Australia
9 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 1.93% Banks Australia
10 DBS GROUP HOLDINGS LTD 1.82% Banks Singapore

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 6.42% - - - - - - 6.42%
Telecommunications - 11.12% - - - - - - 11.12%
Financials - 28.50% - - - - - - 28.50%
Real Estate - 2.46% - - - 3.86% 0.13% - 6.45%
Consumer Discretionary - 8.86% - - - - - - 8.86%
Consumer Staples - 3.39% - - - - - - 3.39%
Energy - 3.20% - - - - - - 3.20%
Utilities - 2.93% - - - - - - 2.93%
Health Care - 6.49% - - - - - - 6.49%
Industrials - 9.29% - - - - - - 9.29%
Basic Materials - 11.33% - - - - - - 11.33%
Cash and Equivalents - - - - - - - 0.70% 0.70%
Non-Classified - - - - - - 1.34% - 1.34%

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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 3420133
Mex Code PUCPI
Isin Code GB0034201334
Citi Code P561

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 Blackrock Aquila Life Pacific Rim Equity Index Fund - the underlying fund. Underlying Fund Objective: This fund invests in the shares of companies in the Pacific Rim and aims to achieve a return that is consistent with the return of the FTSE All-World Developed Asia Pacific ex-Japan Index. Performance objective: To match the performance of the benchmark.
Benchmark FTSE All World Developed Asia Pacific ex Japan Net of Tax GBP
Sector ABI Asia Pacific excluding Japan 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).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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.

  • Higher Risk
  • Medium to Higher Risk
  • Medium Risk
  • Lower to Medium Risk
  • Lower Risk
  • Minimal Risk

Higher Risk

These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.

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: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Source of 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.