PIA Conservative Managed USD Ser A

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 5.8% 2.1% -12.5% 3.1% 8.0%
Sector 7.3% 1.6% -15.9% 5.5% 8.3%
Rank 89/137 72/160 29/168 123/168 99/177
Quartile 3 2 1 3 3

Annualised performance

Annualised
3 Years to
30/11/24
5 Years to
30/11/24
10 Years to
30/11/24
Fund -0.9% 1.0% 1.5%
Sector -1.3% 0.9% 0.5%
Rank 72/168 58/137 9/55
Quartile 2 2 1

Top 10 Holdings

Stock % Weight
GBP FWD ASSET 28 OCT 2024 6.88
GBP FWD ASSET 28 OCT 2024 1.74
CBT US 5YR NOT (CB Dec24 1.63
GBP FWD ASSET 28 OCT 2024 1.31
US TRE 0.875% 30/06/2026 1.10
CBT US 5YR NOT (CB Dec24 1.08
CBT US 2YR NOT (CB Dec24 0.82
NVIDIA CORPORATION 0.74
APPLE 0.69
MICROSOFT CORPORATION 0.67
Total 16.67

Fund Aims

Objective: The fund aims to maximise the total long term growth (the combination of income and growth of capital) in US Dollars.

Fund Investments: The fund will have a high exposure towards lower risk assets such as international fixed income funds and cash instruments. The fund also invests in international equity funds.

Fund Manager

M&G Treasury & Investment Office manager for 30 years and 5 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.

Fund Overview

Bid (20/12/2024) 1.82
Offer (20/12/2024) 1.91
Fund size (31/10/2024) $0.19m
Number of holdings 2764
Launch date 30/06/1994

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.04%
Yearly Total 1.79%

Asset Allocation

pie chart
  International Bonds 65.38%
  International Equities 21.29%
  UK Equities 3.93%
  Cash and Equivalents 3.53%
  UK Corporate Bonds 0.94%
  Property 0.40%
  Investment Trusts 0.03%
  Alternative Trading Strategies 0.00%
  Other Assets 4.50%

Commentary

Not currently available.

Portfolio data accurate as at: 31/10/24

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 product charges, or 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 the fund's currency of denomination 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 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 65.38%
  International Equities 21.29%
  UK Equities 3.93%
  Cash and Equivalents 3.53%
  UK Corporate Bonds 0.94%
  Property 0.40%
  Investment Trusts 0.03%
  Alternative Trading Strategies 0.00%
  Other Assets 4.50%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 66.32% - - -
 
Financials 5.05% - - -
 
Banks - 2.57% - -
 
Banks - - 2.57% -
 
Banks - - - 2.57%
 
Financial Services - 1.32% - -
 
Investment Banking & Brokerage Services - - 0.98% -
 
Investment Services - - - 0.40%
 
Asset Managers & Custodians - - - 0.37%
 
Diversified Financial Services - - - 0.21%
 
Finance & Credit Services - - 0.31% -
 
Financial Data & Systems - - - 0.26%
 
Mortgage Finance - - - 0.03%
 
Consumer Lending - - - 0.02%
 
Equity Investment Instruments - - 0.03% -
 
Equity Investment Instruments - - - 0.03%
 
Nonequity Investment Instruments - - 0.00% -
 
Nonequity Investment Instruments - - - 0.00%
 
Insurance - 1.16% - -
 
Non-life Insurance - - 0.60% -
 
Property & Casualty Insurance - - - 0.22%
 
Full Line Insurance - - - 0.19%
 
Insurance Brokers - - - 0.12%
 
Reinsurance - - - 0.07%
 
Life Insurance - - 0.56% -
 
Life Insurance - - - 0.56%
 
Technology 5.00% - - -
 
Technology - 5.00% - -
 
Technology Hardware & Equipment - - 2.74% -
 
Semiconductors - - - 1.65%
 
Computer Hardware - - - 0.74%
 
Production Technology Equipment - - - 0.21%
 
Electronic Components - - - 0.13%
 
Electronic Office Equipment - - - 0.02%
 
Software & Computer Services - - 2.26% -
 
Software - - - 1.06%
 
Consumer Digital Services - - - 0.93%
 
Computer Services - - - 0.27%
 
Non-Classified 4.55% - - -
 
Non-Classified - 0.84% - -
 
Non-Classified - - 0.84% -
 
Non-Classified - - - 0.84%
 
Industrials 3.79% - - -
 
Industrial Goods & Services - 3.44% - -
 
Industrial Support Services - - 0.95% -
 
Professional Business Support Services - - - 0.34%
 
Transaction Processing Services - - - 0.29%
 
Industrial Suppliers - - - 0.18%
 
Business Training & Employment Agencies - - - 0.07%
 
Security Services - - - 0.06%
 
General Industrials - - 0.69% -
 
Diversified Industrials - - - 0.48%
 
Containers & Packaging - - - 0.20%
 
Glass - - - 0.01%
 
Paints & Coatings - - - 0.00%
 
Industrial Transportation - - 0.57% -
 
Marine Transportation - - - 0.20%
 
Railroads - - - 0.13%
 
Transportation Services - - - 0.10%
 
Delivery Services - - - 0.07%
 
Commercial Vehicles & Parts - - - 0.05%
 
Commercial Vehicle-Equipment Leasing - - - 0.01%
 
Industrial Engineering - - 0.52% -
 
Machinery: Engines - - - 0.17%
 
Machinery: Tools - - - 0.12%
 
Machinery: Industrial - - - 0.12%
 
Machinery: Construction & Handling - - - 0.10%
 
Machinery: Agricultural - - - 0.00%
 
Machinery: Specialty - - - 0.00%
 
Electronic & Electrical Equipment - - 0.43% -
 
Electrical Components - - - 0.24%
 
Electronic Equipment: Pollution Control - - - 0.10%
 
Electronic Equipment: Gauges & Meters - - - 0.05%
 
Electronic Equipment: Control & Filter - - - 0.03%
 
Aerospace & Defence - - 0.29% -
 
Aerospace - - - 0.17%
 
Defense - - - 0.12%
 
Construction & Materials - 0.35% - -
 
Construction & Materials - - 0.35% -
 
Building Materials: Other - - - 0.13%
 
Building: Climate Control - - - 0.11%
 
Construction - - - 0.07%
 
Cement - - - 0.04%
 
Building, Roofing/Wallboard & Plumbing - - - 0.01%
 
Engineering & Contracting Services - - - 0.00%
 
Cash and Equivalents 3.53% - - -
 
Consumer Discretionary 3.52% - - -
 
Retail - 1.34% - -
 
Retailers - - 1.34% -
 
Diversified Retailers - - - 0.91%
 
Apparel Retailers - - - 0.21%
 
Specialty Retailers - - - 0.16%
 
Home Improvement Retailers - - - 0.05%
 
Automobiles & Parts - 0.64% - -
 
Automobiles & Parts - - 0.64% -
 
Automobiles - - - 0.51%
 
Auto Parts - - - 0.14%
 
Consumer Products & Services - 0.59% - -
 
Household Goods & Home Construction - - 0.17% -
 
Home Construction - - - 0.17%
 
Household Appliance - - - 0.00%
 
Household Furnishings - - - 0.00%
 
Leisure Goods - - 0.16% -
 
Consumer Electronics - - - 0.09%
 
Electronic Entertainment - - - 0.02%
 
Photography - - - 0.02%
 
Recreational Vehicles & Boats - - - 0.02%
 
Recreational Products - - - 0.01%
 
Toys - - - 0.01%
 
Personal Goods - - 0.14% -
 
Clothing & Accessories - - - 0.07%
 
Luxury Items - - - 0.04%
 
Cosmetics - - - 0.02%
 
Footwear - - - 0.01%
 
Consumer Services - - 0.12% -
 
Consumer Services: Misc. - - - 0.07%
 
Vending & Catering Service - - - 0.05%
 
Travel & Leisure - 0.56% - -
 
Travel & Leisure - - 0.56% -
 
Hotels & Motels - - - 0.18%
 
Restaurants & Bars - - - 0.17%
 
Casinos & Gambling - - - 0.11%
 
Airlines - - - 0.06%
 
Travel & Tourism - - - 0.04%
 
Recreational Services - - - 0.00%
 
Media - 0.39% - -
 
Media - - 0.39% -
 
Media Agencies - - - 0.17%
 
Publishing - - - 0.11%
 
Radio & TV Broadcasters - - - 0.08%
 
Entertainment - - - 0.03%
 
Health Care 2.11% - - -
 
Health Care - 2.11% - -
 
Pharmaceuticals & Biotechnology - - 1.42% -
 
Pharmaceuticals - - - 1.35%
 
Biotechnology - - - 0.06%
 
Medical Equipment & Services - - 0.53% -
 
Medical Equipment - - - 0.47%
 
Medical Supplies - - - 0.06%
 
Health Care Providers - - 0.16% -
 
Health Care Management Services - - - 0.15%
 
Health Care Services - - - 0.01%
 
Consumer Staples 1.36% - - -
 
Food, Beverage & Tobacco - 0.71% - -
 
Beverages - - 0.43% -
 
Soft Drinks - - - 0.21%
 
Brewers - - - 0.15%
 
Distillers & Vintners - - - 0.07%
 
Food Producers - - 0.28% -
 
Food Products - - - 0.27%
 
Farming, Fishing, Ranching & Plantations - - - 0.00%
 
Personal Care, Drug & Grocery Stores - 0.65% - -
 
Personal Care, Drug & Grocery Stores - - 0.65% -
 
Food Retailers & Wholesalers - - - 0.33%
 
Personal Products - - - 0.25%
 
Nondurable Household Products - - - 0.06%
 
Drug Retailers - - - 0.00%
 
Telecommunications 1.27% - - -
 
Telecommunications - 1.27% - -
 
Telecommunications Service Providers - - 0.70% -
 
Telecommunications Services - - - 0.70%
 
Cable Television Services - - - 0.00%
 
Telecommunications Equipment - - 0.57% -
 
Telecommunications Equipment - - - 0.57%
 
Real Estate 1.00% - - -
 
Real Estate - 1.00% - -
 
Real Estate Investment Trusts - - 0.55% -
 
Retail REITs - - - 0.14%
 
Industrial REITs - - - 0.09%
 
Timber REITs - - - 0.07%
 
Diversified REITs - - - 0.07%
 
Residential REITs - - - 0.07%
 
Office REITs - - - 0.04%
 
Health Care REITs - - - 0.04%
 
Storage REITs - - - 0.02%
 
Other Specialty REITs - - - 0.01%
 
Hotel & Lodging REITs - - - 0.00%
 
Infrastructure REITs - - - 0.00%
 
Real Estate Investment & Services - - 0.45% -
 
Real Estate Holding and Development - - - 0.32%
 
Real Estate Services - - - 0.12%
 
Basic Materials 0.99% - - -
 
Basic Resources - 0.57% - -
 
Industrial Metals & Mining - - 0.46% -
 
General Mining - - - 0.25%
 
Iron & Steel - - - 0.17%
 
Copper - - - 0.02%
 
Metal Fabricating - - - 0.01%
 
Aluminum - - - 0.00%
 
Industrial Materials - - 0.07% -
 
Paper - - - 0.04%
 
Diversified Materials - - - 0.03%
 
Precious Metals & Mining - - 0.04% -
 
Gold Mining - - - 0.04%
 
Platinum & Precious Metals - - - 0.00%
 
Diamonds & Gemstones - - - 0.00%
 
Chemicals - 0.41% - -
 
Chemicals - - 0.41% -
 
Chemicals: Diversified - - - 0.28%
 
Specialty Chemicals - - - 0.10%
 
Chemicals & Synthetic Fibers - - - 0.01%
 
Fertilizers - - - 0.01%
 
Energy 0.85% - - -
 
Energy - 0.85% - -
 
Non-Renewable Energy - - 0.84% -
 
Integrated Oil & Gas - - - 0.50%
 
Oil Equipment & Services - - - 0.14%
 
Oil: Crude Producers - - - 0.13%
 
Oil Refining and Marketing - - - 0.05%
 
Pipelines - - - 0.02%
 
Offshore Drilling & Other Services - - - 0.00%
 
Renewable Energy - - 0.01% -
 
Renewable Energy Equipment - - - 0.01%
 
Utilities 0.66% - - -
 
Utilities - 0.66% - -
 
Electricity - - 0.37% -
 
Conventional Electricity - - - 0.36%
 
Alternative Electricity - - - 0.01%
 
Gas, Water & Multi-utilities - - 0.30% -
 
Multi-Utilities - - - 0.26%
 
Water - - - 0.04%
 
Waste & Disposal Services - - 0.00% -
 
Waste & Disposal Services - - - 0.00%
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%

Regional Allocation

pie chart
  North America 73.01%
  Developed Europe - Excl UK 4.92%
  UK 4.86%
  Non-Classified 4.93%
  Cash and Equivalents 3.53%
  Emerging Asia 3.33%
  Japan 2.26%
  Developed Asia 1.98%
  Australia & New Zealand 0.71%
  Other Regions 0.46%

Fixed Interest Currencies

pie chart
  US Dollar 66.12%
  Non-Fixed Interest Assets 30.15%
  Cash 3.53%
  Euro 0.14%
  Canadian Dollar 0.06%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 73.01% -
 
United States - 72.08%
 
Canada - 0.94%
 
Developed Europe - Excl UK 4.92% -
 
France - 0.99%
 
Germany - 0.80%
 
Ireland - 0.63%
 
Switzerland - 0.58%
 
Netherlands - 0.42%
 
Spain - 0.33%
 
Sweden - 0.30%
 
Denmark - 0.27%
 
Finland - 0.16%
 
Italy - 0.12%
 
Belgium - 0.11%
 
Norway - 0.10%
 
Austria - 0.06%
 
Luxembourg - 0.05%
 
Portugal - 0.01%
 
UK 4.86% -
 
United Kingdom - 4.87%
 
Non-Classified 4.93% -
 
Cash and Equivalents 3.53% -
 
Emerging Asia 3.33% -
 
South Korea - 0.89%
 
China - 0.82%
 
Taiwan - 0.61%
 
India - 0.34%
 
Thailand - 0.30%
 
Indonesia - 0.27%
 
Malaysia - 0.07%
 
Philippines - 0.03%
 
Japan 2.26% -
 
Japan - 2.26%
 
Developed Asia 1.98% -
 
Hong Kong - 1.34%
 
Singapore - 0.64%
 
Australia & New Zealand 0.71% -
 
Australia - 0.70%
 
New Zealand - 0.01%
 
Property 0.41% -
 
South & Central America 0.02% -
 
Brazil - 0.02%
 
Mexico - 0.00%
 
Emerging Europe 0.02% -
 
Turkey - 0.01%
 
Greece - 0.00%
 
Poland - 0.00%
 
Hungary - 0.00%
 
Czech Republic - 0.00%
 
Middle East & Africa 0.01% -
 
Israel - 0.01%

Breakdown By Market Cap (%)

Mega
 
 
15.19%
Large
 
 
5.82%
Medium
 
 
2.29%
Small
 
 
0.23%
Micro
 
 
0.04%
Non-Classified
 
 
6.58%
Bonds
 
 
66.32%
Cash
 
 
3.53%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
36.59%
5Yr - 10Yr Maturity
 
 
16.02%
10Yr - 15Yr Maturity
 
 
1.42%
> 15Yr Maturity
 
 
12.29%
Cash And Equivalents
 
 
3.53%
Unknown Maturity
 
 
3.68%
Other Asset Types
 
 
26.47%

Fixed Interest Quality Profile

AAA
 
 
33.48%
AA
 
 
1.21%
A
 
 
12.22%
BBB
 
 
13.64%
Sub-Investment Grade
 
 
3.09%
Unknown Quality
 
 
2.68%
Cash and Equivalents
 
 
3.53%
Other Asset Types
 
 
30.15%

Fund Holdings

Name % Weight Sector Country
1 M&G (1) US Corporate Bond Class Z2A USD 29.12% Managed Funds Managed Funds
2 Vanguard US Government Bond Index Acc 29.08% Managed Funds Managed Funds
3 M&G (1) US Short Duration Corporate Bond - 12.38% Managed Funds Managed Funds
4 M&G (ACS) Blackrock US Equity Z3A Acc 9.59% Managed Funds Managed Funds
5 M&G (1) Asia Pacific (ex Japan) Equity Class GBPZ2A 6.60% Managed Funds Managed Funds
6 PIA UK Equity Ser A 4.28% Managed Funds Managed Funds
7 PIA European Equity Ser B 3.50% Managed Funds Managed Funds
8 M&G (ACS) Japan Equity Fund Z3A Acc 2.11% Managed Funds Managed Funds
9 PIA US Deposit USD Ser A 1.27% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 GBP FWD ASSET 28 OCT 2024 6.88% Non-Classified Non-Classified
2 GBP FWD ASSET 28 OCT 2024 1.74% Non-Classified Non-Classified
3 CBT US 5YR NOT (CB Dec24 1.63% Non-Classified Non-Classified
4 GBP FWD ASSET 28 OCT 2024 1.31% Non-Classified Non-Classified
5 US TRE 0.875% 30/06/2026 1.10% Bonds United States
6 CBT US 5YR NOT (CB Dec24 1.08% Non-Classified Non-Classified
7 CBT US 2YR NOT (CB Dec24 0.82% Non-Classified Non-Classified
8 NVIDIA CORPORATION 0.74% Technology Hardware & Equipment United States
9 APPLE 0.69% Technology Hardware & Equipment United States
10 MICROSOFT CORPORATION 0.67% Software & Computer Services United States

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 0794659
Mex Code SBECD
Isin Code IE0007946597
Citi Code SY40

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.04%
Yearly Total 1.79%

Aims and Benchmark

Aims Objective: The fund aims to maximise the total long term growth (the combination of income and growth of capital) in US Dollars. Fund Investments: The fund will have a high exposure towards lower risk assets such as international fixed income funds and cash instruments. The fund also invests in international equity funds.
Benchmark Composite
ABI Sector Mixed Investment 0-35% Shares

Ratings

FE Crown Crown Rating of 4

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.

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 product charges, or 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 the fund's currency of denomination 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 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.

The registered office of Prudential International is in Ireland at Fitzwilliam Court, Leeson Cl, Dublin 2, D02 TC95. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.