Prudential UK Equity S1

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

Performance

Discrete performance - to latest available quarter end

30/09/19
to
30/09/20
30/09/20
to
30/09/21
30/09/21
to
30/09/22
30/09/22
to
30/09/23
30/09/23
to
30/09/24
Fund -14.8% 29.8% -12.8% 13.2% 12.5%
Benchmark -16.6% 27.9% -4.0% 13.8% 13.4%

Performance - to latest available quarter end

Quarter Annualised
3
2024
3 Years to
30/09/24
5 Years to
30/09/24
10 Years to
30/09/24
Fund 1.9% 3.6% 4.2% 5.3%
Benchmark 2.3% 7.4% 5.7% 6.3%

Top 10 Holdings

Stock % Weight
ASTRAZENECA 4.17
HSBC HOLDINGS 4.09
UNILEVER 3.20
SHELL 2.77
BP 2.08
NATIONAL GRID 1.98
RELX 1.66
BAE SYSTEMS 1.62
GSK 1.57
LONDON STOCK EXCHANGE GROUP 1.56
Total 24.71

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G UK Equity Fund - the underlying fund.

Underlying Fund Objective: The fund invests, via other M&G funds, in the shares of UK companies. The fund is actively managed against its benchmark, the FTSE All-Share Index. It is a “fund of funds” holding units in several more specialised UK equity funds giving access to a variety of methods for generating investment returns in differing market conditions. Derivative instruments may be used for efficient portfolio management.

Performance Objective: To outperform the benchmark by 0.75% - 1.0% a year (before charges) on a rolling three year basis.

Fund Manager

M&G Treasury & Investment Office manager of the underlying fund for 8 years and 10 months

Photo of M&G Treasury & Investment Office 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

Bid (19/12/2024) 9.30
Offer (19/12/2024) 9.79
Fund size (31/10/2024) £117.72m
Underlying Fund size £282.49m
Number of holdings 722
Launch date 02/07/1991

Fund Charges

Annual Management Charge (AMC) 0.75%
Further Costs 0.02%
Yearly Total 0.77%

Asset Allocation

pie chart
  UK Equities 91.00%
  Property 3.15%
  International Equities 2.54%
  Cash and Equivalents 1.04%
  Investment Trusts 0.68%
  Other Assets 1.59%

Commentary

Performance as at Q3 2024 - The fund recorded a positive return in the third quarter and was modestly behind the benchmark. Despite bouts of volatility fueled by decelerating macroeconomic indicators, shifting global monetary policy expectations and sharp movements in the Japanese yen, world equity markets registered gains in the quarter. UK equities recorded another three-month period of positive returns and outperformed the global market (in sterling terms). However, they trailed Asian and emerging market equities. The anticipated Labour Party victory in the July general election had limited impact on financial markets. Instead, investor confidence was lifted by the relatively resilient economic backdrop – gross domestic product expanded by 0.5% in the second quarter – and progress towards the Bank of England’s (BoE) 2.0% inflation target. Investors welcomed the BoE’s decision to cut interest rates by 25 basis points in August. Sectors that are expected to benefit from falling interest rates such as utilities and real estate were among the best performers. Energy stocks declined as oil prices fell, while technology stocks also lagged. Smaller, domestically focused companies in the FTSE 250 outperformed the larger global business in the FTSE 100. During the third quarter, we changed the assets the M&G PP UK Equity Fund invests into, to potentially generate better returns in the future whilst maintaining the current risk rating. The M&G UK Equity Fund transitioned out of the positions in the M&G PP UK Equity Dividend, UK Equity Growth and Recovery funds and has invested in the M&G (ACS) Blackrock UK Equity 200 and M&G (ACS) UK Listed Equity funds.

Source: M&G

Important Information

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
  UK Equities 91.00%
  Property 3.15%
  International Equities 2.54%
  Cash and Equivalents 1.04%
  Investment Trusts 0.68%
  Other Assets 1.59%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 22.11% - - -
 
Financial Services - 9.10% - -
 
Investment Banking & Brokerage Services - - 6.05% -
 
Asset Managers & Custodians - - - 5.32%
 
Investment Services - - - 0.68%
 
Diversified Financial Services - - - 0.05%
 
Finance & Credit Services - - 2.35% -
 
Financial Data & Systems - - - 1.56%
 
Consumer Lending - - - 0.39%
 
Mortgage Finance - - - 0.39%
 
Equity Investment Instruments - - 0.69% -
 
Equity Investment Instruments - - - 0.69%
 
Nonequity Investment Instruments - - 0.01% -
 
Nonequity Investment Instruments - - - 0.01%
 
Banks - 8.38% - -
 
Banks - - 8.38% -
 
Banks - - - 8.38%
 
Insurance - 4.62% - -
 
Life Insurance - - 2.75% -
 
Life Insurance - - - 2.75%
 
Non-life Insurance - - 1.87% -
 
Property & Casualty Insurance - - - 1.41%
 
Full Line Insurance - - - 0.46%
 
Consumer Discretionary 16.30% - - -
 
Media - 4.75% - -
 
Media - - 4.75% -
 
Publishing - - - 2.54%
 
Media Agencies - - - 1.82%
 
Radio & TV Broadcasters - - - 0.38%
 
Consumer Products & Services - 4.24% - -
 
Household Goods & Home Construction - - 2.39% -
 
Home Construction - - - 2.39%
 
Household Furnishings - - - 0.00%
 
Consumer Services - - 1.22% -
 
Vending & Catering Service - - - 1.22%
 
Personal Goods - - 0.44% -
 
Luxury Items - - - 0.27%
 
Clothing & Accessories - - - 0.17%
 
Leisure Goods - - 0.19% -
 
Toys - - - 0.18%
 
Electronic Entertainment - - - 0.01%
 
Retail - 3.61% - -
 
Retailers - - 3.61% -
 
Home Improvement Retailers - - - 1.28%
 
Specialty Retailers - - - 1.16%
 
Diversified Retailers - - - 0.90%
 
Apparel Retailers - - - 0.27%
 
Travel & Leisure - 3.51% - -
 
Travel & Leisure - - 3.51% -
 
Hotels & Motels - - - 1.51%
 
Airlines - - - 0.71%
 
Restaurants & Bars - - - 0.64%
 
Travel & Tourism - - - 0.51%
 
Recreational Services - - - 0.09%
 
Casinos & Gambling - - - 0.06%
 
Automobiles & Parts - 0.19% - -
 
Automobiles & Parts - - 0.19% -
 
Auto Parts - - - 0.10%
 
Automobiles - - - 0.09%
 
Industrials 15.40% - - -
 
Industrial Goods & Services - 13.86% - -
 
Industrial Support Services - - 4.95% -
 
Professional Business Support Services - - - 2.36%
 
Industrial Suppliers - - - 1.96%
 
Business Training & Employment Agencies - - - 0.57%
 
Security Services - - - 0.06%
 
Transaction Processing Services - - - 0.01%
 
Aerospace & Defence - - 3.28% -
 
Defense - - - 2.05%
 
Aerospace - - - 1.23%
 
Electronic & Electrical Equipment - - 1.83% -
 
Electronic Equipment: Control & Filter - - - 0.73%
 
Electrical Components - - - 0.55%
 
Electronic Equipment: Gauges & Meters - - - 0.55%
 
General Industrials - - 1.72% -
 
Containers & Packaging - - - 1.23%
 
Diversified Industrials - - - 0.48%
 
Industrial Engineering - - 1.46% -
 
Machinery: Construction & Handling - - - 0.87%
 
Machinery: Industrial - - - 0.56%
 
Machinery: Specialty - - - 0.03%
 
Industrial Transportation - - 0.62% -
 
Commercial Vehicle-Equipment Leasing - - - 0.31%
 
Delivery Services - - - 0.25%
 
Transportation Services - - - 0.05%
 
Marine Transportation - - - 0.01%
 
Construction & Materials - 1.54% - -
 
Construction & Materials - - 1.54% -
 
Construction - - - 1.02%
 
Engineering & Contracting Services - - - 0.23%
 
Building Materials: Other - - - 0.18%
 
Cement - - - 0.10%
 
Building, Roofing/Wallboard & Plumbing - - - 0.01%
 
Consumer Staples 11.80% - - -
 
Personal Care, Drug & Grocery Stores - 6.98% - -
 
Personal Care, Drug & Grocery Stores - - 6.98% -
 
Personal Products - - - 3.20%
 
Food Retailers & Wholesalers - - - 2.56%
 
Nondurable Household Products - - - 1.22%
 
Food, Beverage & Tobacco - 4.82% - -
 
Beverages - - 3.23% -
 
Soft Drinks - - - 1.71%
 
Distillers & Vintners - - - 1.52%
 
Food Producers - - 1.59% -
 
Food Products - - - 1.59%
 
Farming, Fishing, Ranching & Plantations - - - 0.00%
 
Health Care 6.78% - - -
 
Health Care - 6.78% - -
 
Pharmaceuticals & Biotechnology - - 6.02% -
 
Pharmaceuticals - - - 5.89%
 
Biotechnology - - - 0.13%
 
Medical Equipment & Services - - 0.76% -
 
Medical Equipment - - - 0.41%
 
Medical Supplies - - - 0.36%
 
Energy 5.56% - - -
 
Energy - 5.56% - -
 
Non-Renewable Energy - - 5.56% -
 
Integrated Oil & Gas - - - 4.85%
 
Oil: Crude Producers - - - 0.61%
 
Oil Equipment & Services - - - 0.08%
 
Offshore Drilling & Other Services - - - 0.02%
 
Basic Materials 5.56% - - -
 
Basic Resources - 4.07% - -
 
Industrial Metals & Mining - - 3.11% -
 
General Mining - - - 2.43%
 
Copper - - - 0.46%
 
Metal Fabricating - - - 0.19%
 
Iron & Steel - - - 0.04%
 
Precious Metals & Mining - - 0.95% -
 
Gold Mining - - - 0.92%
 
Platinum & Precious Metals - - - 0.03%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.00% -
 
Diversified Materials - - - 0.00%
 
Chemicals - 1.49% - -
 
Chemicals - - 1.49% -
 
Chemicals: Diversified - - - 1.12%
 
Specialty Chemicals - - - 0.37%
 
Real Estate 5.41% - - -
 
Real Estate - 5.41% - -
 
Real Estate Investment Trusts - - 4.62% -
 
Diversified REITs - - - 1.33%
 
Industrial REITs - - - 0.86%
 
Office REITs - - - 0.82%
 
Storage REITs - - - 0.56%
 
Residential REITs - - - 0.43%
 
Health Care REITs - - - 0.27%
 
Retail REITs - - - 0.22%
 
Other Specialty REITs - - - 0.12%
 
Real Estate Investment & Services - - 0.79% -
 
Real Estate Services - - - 0.57%
 
Real Estate Holding and Development - - - 0.22%
 
Utilities 4.12% - - -
 
Utilities - 4.12% - -
 
Gas, Water & Multi-utilities - - 2.92% -
 
Multi-Utilities - - - 1.98%
 
Water - - - 0.95%
 
Electricity - - 1.19% -
 
Conventional Electricity - - - 1.19%
 
Waste & Disposal Services - - 0.00% -
 
Waste & Disposal Services - - - 0.00%
 
Technology 2.73% - - -
 
Technology - 2.73% - -
 
Software & Computer Services - - 2.70% -
 
Software - - - 0.93%
 
Computer Services - - - 0.93%
 
Consumer Digital Services - - - 0.83%
 
Technology Hardware & Equipment - - 0.03% -
 
Electronic Components - - - 0.03%
 
Non-Classified 1.89% - - -
 
Non-Classified - 0.12% - -
 
Non-Classified - - 0.12% -
 
Non-Classified - - - 0.12%
 
Telecommunications 1.31% - - -
 
Telecommunications - 1.31% - -
 
Telecommunications Service Providers - - 1.23% -
 
Telecommunications Services - - - 1.23%
 
Telecommunications Equipment - - 0.08% -
 
Telecommunications Equipment - - - 0.08%
 
Cash and Equivalents 1.04% - - -

Regional Allocation

pie chart
  UK 90.88%
  Property 3.24%
  Non-Classified 2.46%
  Developed Europe - Excl UK 1.93%
  Cash and Equivalents 1.04%
  North America 0.30%
  Middle East & Africa 0.09%
  Developed Asia 0.06%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 97.76%
  Cash 2.23%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 90.88% -
 
United Kingdom - 91.00%
 
Property 3.24% -
 
Non-Classified 2.46% -
 
Developed Europe - Excl UK 1.93% -
 
Ireland - 0.98%
 
Switzerland - 0.62%
 
Spain - 0.22%
 
Netherlands - 0.08%
 
Luxembourg - 0.04%
 
Cash and Equivalents 1.04% -
 
North America 0.30% -
 
United States - 0.30%
 
Middle East & Africa 0.09% -
 
Israel - 0.09%
 
Developed Asia 0.06% -
 
Singapore - 0.06%

Breakdown By Market Cap (%)

Mega
 
 
32.74%
Large
 
 
22.30%
Medium
 
 
28.57%
Small
 
 
4.94%
Micro
 
 
1.14%
Non-Classified
 
 
9.26%
Cash
 
 
1.04%

Fund Holdings

Name % Weight Sector Country
1 M&G (ACS) BlackRock UK 200 Equity Fund Z2A Acc 39.93% Managed Funds Managed Funds
2 M&G (ACS) BlackRock UK All Share Equity PA 30.42% Managed Funds Managed Funds
3 M&G (ACS) UK Listed Equity Fund Z2A Acc 24.89% Managed Funds Managed Funds
4 M&G PP UK Smaller Companies Fund 4.01% Managed Funds Managed Funds
5 M&G (ACS) UK Listed Mid Cap Equity Fund Z2A Acc 1.00% Managed Funds Managed Funds
6 M&G PP UK Equity Dividend 0.02% Managed Funds Managed Funds
7 M&G PP UK Equity 350 Passive 0.00% Managed Funds Managed Funds
8 M&G PP UK Equity Growth 0.00% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 ASTRAZENECA 4.17% Pharmaceuticals & Biotechnology United Kingdom
2 HSBC HOLDINGS 4.09% Banks United Kingdom
3 UNILEVER 3.20% Personal Care, Drug & Grocery Stores United Kingdom
4 SHELL 2.77% Non-Renewable Energy United Kingdom
5 BP 2.08% Non-Renewable Energy United Kingdom
6 NATIONAL GRID 1.98% Gas, Water & Multi-utilities United Kingdom
7 RELX 1.66% Media United Kingdom
8 BAE SYSTEMS 1.62% Aerospace & Defence United Kingdom
9 GSK 1.57% Pharmaceuticals & Biotechnology United Kingdom
10 LONDON STOCK EXCHANGE GROUP 1.56% Finance & Credit Services United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 2.73% - - - - - - - 2.73%
Telecommunications 1.31% - - - - - - - 1.31%
Financials 21.33% 0.09% - - - - 0.68% - 22.11%
Real Estate 2.29% - - - - 3.12% - - 5.41%
Consumer Discretionary 16.04% 0.26% - - - - - - 16.30%
Consumer Staples 11.04% 0.75% - - - - - - 11.80%
Energy 5.56% - - - - - - - 5.56%
Utilities 4.12% - - - - - - - 4.12%
Health Care 6.78% - - - - - - - 6.78%
Industrials 14.22% 1.17% - - - - 0.08% - 15.47%
Basic Materials 5.46% 0.10% - - - - - - 5.56%
Cash and Equivalents - - - - - - - 1.04% 1.04%
Non-Classified 0.12% 0.15% - - - 0.04% 1.51% - 1.81%

Important Information

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.

Identification Codes

Sedol Code 0702265
Mex Code PUPME
Isin Code GB0007022659
Citi Code PS18

Fund Charges

Annual Management Charge (AMC) 0.75%
Further Costs 0.02%
Yearly Total 0.77%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G UK Equity Fund - the underlying fund. Underlying Fund Objective: The fund invests, via other M&G funds, in the shares of UK companies. The fund is actively managed against its benchmark, the FTSE All-Share Index. It is a “fund of funds” holding units in several more specialised UK equity funds giving access to a variety of methods for generating investment returns in differing market conditions. Derivative instruments may be used for efficient portfolio management. Performance Objective: To outperform the benchmark by 0.75% - 1.0% a year (before charges) on a rolling three year basis.
Benchmark FTSE All-Share Index
ABI Sector UK All Companies

Important Information

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.

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.

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Important Information

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.