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 | 5.1% | 11.8% | -8.9% | 12.7% | 14.3% |
Benchmark | 6.8% | 12.0% | -8.5% | 12.7% | 14.2% |
Quarter | Annualised | |||
---|---|---|---|---|
2 2024 |
3 Years to 30/06/24 |
5 Years to 30/06/24 |
10 Years to 30/06/24 |
|
Fund | -3.4% | 5.5% | 6.6% | 8.9% |
Benchmark | -4.3% | 5.6% | 7.1% | 9.2% |
Stock | % Weight |
---|---|
TOYOTA MOTOR CORPORATION | 5.42 |
SONY CORP | 3.36 |
HITACHI | 2.93 |
MITSUBISHI UFJ FINANCIAL GROUP | 2.91 |
TOKYO ELECTRON LIMITED | 2.82 |
MITSUI SUMITOMO INSURANCE CO. | 2.50 |
MITSUI & CO. | 2.43 |
HONDA MOTOR CO. | 2.18 |
DAIICHI SANKYO CO LTD | 1.91 |
TOKIO MARINE HOLDINGS | 1.85 |
Total | 28.29 |
Objective: The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Index Fund – the underlying fund.
Underlying fund objective: The fund gains its exposure via the M&G (ACS) BlackRock Japan Equity fund. The underlying fund aims to be fully invested in the equity securities and equity related securities of companies that are constituents of the MSCI Japan Index. Within the index-relative limits, the Investment Manager uses a structured and systematic, bottom up stock selection process to build a portfolio with similar risk-return characteristics as the index in order to meet the fund’s investment objectives. In addition to the fund’s objective, the Investment Manager aims to reflect a fundamental ESG approach by overweighting its investments in securities which score well against the Investment Manager’s ESG research framework and underweighting the securities which score less well.
Richard O’Connor joined Prudential Group in July 2002 and is an index fund manager with responsibility for some 15 funds. He is also fund manager of the M&G Global Real Estate Securities Fund. He joined the business from Goldman Sachs where he worked as a consultant to the fixed income derivatives department. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management (South Africa) in a research analyst role, which he held for more than three years. Richard graduated with an honours degree in investment management from Rand Afrikaans University and a bachelor of commerce degree from the University of Natal.
Daily price (29/08/2024) | 350.30 |
Fund size (31/07/2024) | £5.23m |
Underlying Fund size | £5.28m |
Number of holdings | 142 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Launch date | 31/03/2004 |
International Equities | 98.07% | |
Cash and Equivalents | 1.40% | |
Property | 0.35% | |
Other Assets | 0.18% |
Performance as at Q2 2024 - After a strong start to the year, the performance of the Japanese stockmarket was disappointing in the second quarter and lagged global equities, as measured by the FTSE World Index. The Japanese yen weakened notably over the quarter, hitting a multi-decade low, meaning that returns for sterling-based investors were eroded. The weakness of the currency has been a concern for the Bank of Japan (BoJ), which intervened in the currency markets. The BoJ has said it would increase interest rates to support the yen and combat inflation and that it would start trimming its bond purchases. Against this backdrop, Japanese government bond yields hit 1% for the first time since 2012. Meanwhile, the Japanese economy shrank by 1.8% (on an annualised basis) in the first quarter of 2024, compared to the previous three months.
Source: M&G
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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.
International Equities | 98.07% | |
Cash and Equivalents | 1.40% | |
Property | 0.35% | |
Other Assets | 0.18% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Industrials | 24.28% | - | - | - | |
Industrial Goods & Services | - | 22.45% | - | - | |
General Industrials | - | - | 6.28% | - | |
Diversified Industrials | - | - | - | 6.22% | |
Glass | - | - | - | 0.04% | |
Paints & Coatings | - | - | - | 0.02% | |
Industrial Engineering | - | - | 5.38% | - | |
Machinery: Industrial | - | - | - | 2.48% | |
Machinery: Construction & Handling | - | - | - | 1.59% | |
Machinery: Agricultural | - | - | - | 1.31% | |
Industrial Support Services | - | - | 5.10% | - | |
Industrial Suppliers | - | - | - | 2.43% | |
Business Training & Employment Agencies | - | - | - | 1.51% | |
Forms & Bulk Printing Services | - | - | - | 0.86% | |
Security Services | - | - | - | 0.30% | |
Electronic & Electrical Equipment | - | - | 3.44% | - | |
Electrical Components | - | - | - | 2.11% | |
Electronic Equipment: Gauges & Meters | - | - | - | 1.33% | |
Industrial Transportation | - | - | 2.27% | - | |
Marine Transportation | - | - | - | 1.31% | |
Transportation Services | - | - | - | 0.35% | |
Delivery Services | - | - | - | 0.32% | |
Railroads | - | - | - | 0.29% | |
Construction & Materials | - | 1.83% | - | - | |
Construction & Materials | - | - | 1.83% | - | |
Building: Climate Control | - | - | - | 0.98% | |
Construction | - | - | - | 0.67% | |
Building Materials: Other | - | - | - | 0.18% | |
Consumer Discretionary | 19.84% | - | - | - | |
Automobiles & Parts | - | 9.85% | - | - | |
Automobiles & Parts | - | - | 9.85% | - | |
Automobiles | - | - | - | 7.95% | |
Auto Parts | - | - | - | 1.86% | |
Tires | - | - | - | 0.04% | |
Consumer Products & Services | - | 6.40% | - | - | |
Leisure Goods | - | - | 4.61% | - | |
Consumer Electronics | - | - | - | 3.65% | |
Electronic Entertainment | - | - | - | 0.81% | |
Toys | - | - | - | 0.15% | |
Household Goods & Home Construction | - | - | 1.61% | - | |
Home Construction | - | - | - | 1.61% | |
Personal Goods | - | - | 0.18% | - | |
Footwear | - | - | - | 0.18% | |
Travel & Leisure | - | 1.65% | - | - | |
Travel & Leisure | - | - | 1.65% | - | |
Recreational Services | - | - | - | 0.96% | |
Airlines | - | - | - | 0.64% | |
Restaurants & Bars | - | - | - | 0.05% | |
Retail | - | 1.62% | - | - | |
Retailers | - | - | 1.62% | - | |
Apparel Retailers | - | - | - | 1.62% | |
Media | - | 0.33% | - | - | |
Media | - | - | 0.33% | - | |
Media Agencies | - | - | - | 0.33% | |
Financials | 15.42% | - | - | - | |
Banks | - | 8.44% | - | - | |
Banks | - | - | 8.44% | - | |
Banks | - | - | - | 8.44% | |
Insurance | - | 4.73% | - | - | |
Non-life Insurance | - | - | 2.88% | - | |
Property & Casualty Insurance | - | - | - | 2.88% | |
Life Insurance | - | - | 1.85% | - | |
Life Insurance | - | - | - | 1.85% | |
Financial Services | - | 2.25% | - | - | |
Investment Banking & Brokerage Services | - | - | 2.25% | - | |
Investment Services | - | - | - | 1.57% | |
Diversified Financial Services | - | - | - | 0.68% | |
Technology | 13.71% | - | - | - | |
Technology | - | 13.71% | - | - | |
Technology Hardware & Equipment | - | - | 9.52% | - | |
Production Technology Equipment | - | - | - | 4.61% | |
Electronic Office Equipment | - | - | - | 2.08% | |
Electronic Components | - | - | - | 1.79% | |
Semiconductors | - | - | - | 0.92% | |
Computer Hardware | - | - | - | 0.13% | |
Software & Computer Services | - | - | 4.19% | - | |
Computer Services | - | - | - | 2.72% | |
Consumer Digital Services | - | - | - | 1.42% | |
Software | - | - | - | 0.05% | |
Health Care | 7.91% | - | - | - | |
Health Care | - | 7.91% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 5.50% | - | |
Pharmaceuticals | - | - | - | 5.50% | |
Medical Equipment & Services | - | - | 2.42% | - | |
Medical Equipment | - | - | - | 1.37% | |
Medical Supplies | - | - | - | 1.05% | |
Consumer Staples | 5.41% | - | - | - | |
Personal Care, Drug & Grocery Stores | - | 2.76% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 2.76% | - | |
Food Retailers & Wholesalers | - | - | - | 1.42% | |
Personal Products | - | - | - | 1.34% | |
Food, Beverage & Tobacco | - | 2.65% | - | - | |
Food Producers | - | - | 1.45% | - | |
Food Products | - | - | - | 1.45% | |
Beverages | - | - | 1.20% | - | |
Brewers | - | - | - | 0.81% | |
Soft Drinks | - | - | - | 0.39% | |
Telecommunications | 4.22% | - | - | - | |
Telecommunications | - | 4.22% | - | - | |
Telecommunications Service Providers | - | - | 4.22% | - | |
Telecommunications Services | - | - | - | 4.22% | |
Basic Materials | 3.90% | - | - | - | |
Chemicals | - | 3.47% | - | - | |
Chemicals | - | - | 3.47% | - | |
Chemicals: Diversified | - | - | - | 2.06% | |
Chemicals & Synthetic Fibers | - | - | - | 0.88% | |
Specialty Chemicals | - | - | - | 0.53% | |
Basic Resources | - | 0.43% | - | - | |
Industrial Metals & Mining | - | - | 0.43% | - | |
Nonferrous Metals | - | - | - | 0.28% | |
Iron & Steel | - | - | - | 0.15% | |
Real Estate | 1.77% | - | - | - | |
Real Estate | - | 1.77% | - | - | |
Real Estate Investment & Services | - | - | 1.17% | - | |
Real Estate Holding and Development | - | - | - | 1.17% | |
Real Estate Investment Trusts | - | - | 0.60% | - | |
Diversified REITs | - | - | - | 0.35% | |
Office REITs | - | - | - | 0.25% | |
Cash and Equivalents | 1.40% | - | - | - | |
Utilities | 1.02% | - | - | - | |
Utilities | - | 1.02% | - | - | |
Gas, Water & Multi-utilities | - | - | 1.02% | - | |
Gas Distribution | - | - | - | 1.02% | |
Energy | 0.95% | - | - | - | |
Energy | - | 0.95% | - | - | |
Non-Renewable Energy | - | - | 0.95% | - | |
Oil: Crude Producers | - | - | - | 0.55% | |
Oil Refining and Marketing | - | - | - | 0.40% | |
Non-Classified | 0.18% | - | - | - |
Japan | 98.07% | |
Cash and Equivalents | 1.40% | |
Property | 0.35% | |
Non-Classified | 0.18% |
Region | Country | ||
---|---|---|---|
Japan | 98.07% | - | |
![]() |
- | 98.07% | |
Cash and Equivalents | 1.40% | - | |
Property | 0.35% | - | |
Non-Classified | 0.18% | - |
Mega |
|
60.95% |
Large |
|
32.65% |
Medium |
|
3.85% |
Non-Classified |
|
1.15% |
Cash |
|
1.40% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | TOYOTA MOTOR CORPORATION | 5.42% | Automobiles & Parts | Japan |
2 | SONY CORP | 3.36% | Leisure Goods | Japan |
3 | HITACHI | 2.93% | General Industrials | Japan |
4 | MITSUBISHI UFJ FINANCIAL GROUP | 2.91% | Banks | Japan |
5 | TOKYO ELECTRON LIMITED | 2.82% | Technology Hardware & Equipment | Japan |
6 | MITSUI SUMITOMO INSURANCE CO. | 2.50% | Banks | Japan |
7 | MITSUI & CO. | 2.43% | Industrial Support Services | Japan |
8 | HONDA MOTOR CO. | 2.18% | Automobiles & Parts | Japan |
9 | DAIICHI SANKYO CO LTD | 1.91% | Pharmaceuticals & Biotechnology | Japan |
10 | TOKIO MARINE HOLDINGS | 1.85% | Non-life Insurance | Japan |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | - | 13.71% | - | - | - | - | - | - | 13.71% |
Telecommunications | - | 4.22% | - | - | - | - | - | - | 4.22% |
Financials | - | 15.42% | - | - | - | - | - | - | 15.42% |
Real Estate | - | 1.42% | - | - | - | 0.35% | - | - | 1.77% |
Consumer Discretionary | - | 19.84% | - | - | - | - | - | - | 19.84% |
Consumer Staples | - | 5.41% | - | - | - | - | - | - | 5.41% |
Energy | - | 0.95% | - | - | - | - | - | - | 0.95% |
Utilities | - | 1.02% | - | - | - | - | - | - | 1.02% |
Health Care | - | 7.91% | - | - | - | - | - | - | 7.91% |
Industrials | - | 24.28% | - | - | - | - | - | - | 24.28% |
Basic Materials | - | 3.90% | - | - | - | - | - | - | 3.90% |
Cash and Equivalents | - | - | - | - | - | - | - | 1.40% | 1.40% |
Non-Classified | - | - | - | - | - | - | 0.18% | - | 0.18% |
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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.
Sedol Code | 3424801 |
Mex Code | PUPUSH |
Isin Code | GB0034248012 |
Citi Code | P541 |
Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims | Objective: The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Index Fund – the underlying fund. Underlying fund objective: The fund gains its exposure via the M&G (ACS) BlackRock Japan Equity fund. The underlying fund aims to be fully invested in the equity securities and equity related securities of companies that are constituents of the MSCI Japan Index. Within the index-relative limits, the Investment Manager uses a structured and systematic, bottom up stock selection process to build a portfolio with similar risk-return characteristics as the index in order to meet the fund’s investment objectives. In addition to the fund’s objective, the Investment Manager aims to reflect a fundamental ESG approach by overweighting its investments in securities which score well against the Investment Manager’s ESG research framework and underweighting the securities which score less well. |
Benchmark | MSCI Japan Index |
ABI Sector | Japan Equities |
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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.
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.
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: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
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.