Prudential Ex-DSF M&G Managed Growth
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 | 2.5% | 16.2% | 4.8% | 6.2% | 16.7% |
| Sector | 4.6% | 14.2% | -6.0% | 2.4% | 14.8% |
| Rank | 110/196 | 67/200 | 7/200 | 16/200 | 53/203 |
| Quartile | 3 | 2 | 1 | 1 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | 9.1% | 9.1% | 9.6% | |
| Sector | 3.4% | 5.7% | 6.3% | |
| Rank | 4/200 | 8/196 | 4/172 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| XTrackers Xtrackers MSCI Mexico UCITS ETF 1C | 3.36 |
| 4⅜% Treasury Gilt 2054 | 2.97 |
| cash | 1.16 |
| MICROSOFT CORPORATION | 1.13 |
| cash | 1.11 |
| cash | 1.08 |
| cash | 1.08 |
| cash | 1.05 |
| cash | 1.04 |
| ALPHABET INC | 1.03 |
| Total | 15.01 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund - the underlying fund.
Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Flexible Investment Sector over any five-year period. At least 70% of the fund is invested in other funds to give exposure to a range of assets from anywhere in the world. The fund may also invest directly in these assets and use derivatives. In aggregate, at least 70% of the fund’s assets will be invested in company shares, either directly or via other funds. The fund has a flexible investment approach which combines in-depth research to determine the value of assets over the medium to long term, with analysis of investors’ emotional reaction to events to identify investment opportunities.
Fund Manager
Craig Simpson was appointed co-manager of the M&G Episode Growth Fund in December 2019, and co-deputy fund manager of the M&G Global Target Return Fund from launch in December 2016. In February 2015, he was appointed Head of Portfolio Management for the Multi Asset team. Craig joined M&G in 2004 as a portfolio manager and has more than 15 years’ experience in the investment industry. Prior to joining M&G, Craig was a trainee fund manager at Equitable Life Assurance and an analyst at Pictet Asset Management. He graduated from the University of Aberdeen with a degree in land economics.
Fund Overview
| Bid (23/12/2024) | 545.30 |
| Offer (23/12/2024) | 574.00 |
| Fund size (31/10/2024) | £40.85m |
| Underlying Fund size | £1010.91m |
| Number of holdings | 2789 |
| Launch date | 31/08/2004 |
Fund Charges
| Annual Management Charge (AMC) | 1.09% |
| Further Costs | 0.00% |
| Yearly Total | 1.09% |
Asset Allocation
| International Equities | 59.41% | |
| UK Equities | 12.79% | |
| International Bonds | 10.07% | |
| Commodities | 4.00% | |
| Cash and Equivalents | 3.16% | |
| UK Gilts | 3.08% | |
| Property | 0.70% | |
| UK Corporate Bonds | 0.13% | |
| Money Market | 0.10% | |
| Other Assets | 6.55% |
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 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 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.
Asset Allocation
| International Equities | 59.41% | |
| UK Equities | 12.79% | |
| International Bonds | 10.07% | |
| Commodities | 4.00% | |
| Cash and Equivalents | 3.16% | |
| UK Gilts | 3.08% | |
| Property | 0.70% | |
| UK Corporate Bonds | 0.13% | |
| Money Market | 0.10% | |
| Other Assets | 6.55% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 13.28% | - | - | - | |
| Financials | 12.75% | - | - | - | |
| Banks | - | 7.16% | - | - | |
| Banks | - | - | 7.16% | - | |
| Banks | - | - | - | 7.16% | |
| Insurance | - | 3.10% | - | - | |
| Non-life Insurance | - | - | 2.05% | - | |
| Property & Casualty Insurance | - | - | - | 0.94% | |
| Reinsurance | - | - | - | 0.46% | |
| Full Line Insurance | - | - | - | 0.42% | |
| Insurance Brokers | - | - | - | 0.22% | |
| Life Insurance | - | - | 1.06% | - | |
| Life Insurance | - | - | - | 1.06% | |
| Financial Services | - | 2.49% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.88% | - | |
| Asset Managers & Custodians | - | - | - | 0.96% | |
| Investment Services | - | - | - | 0.53% | |
| Diversified Financial Services | - | - | - | 0.39% | |
| Finance & Credit Services | - | - | 0.58% | - | |
| Financial Data & Systems | - | - | - | 0.44% | |
| Mortgage Finance | - | - | - | 0.13% | |
| Equity Investment Instruments | - | - | 0.03% | - | |
| Equity Investment Instruments | - | - | - | 0.03% | |
| Industrials | 12.03% | - | - | - | |
| Industrial Goods & Services | - | 11.26% | - | - | |
| Industrial Support Services | - | - | 3.45% | - | |
| Transaction Processing Services | - | - | - | 1.71% | |
| Business Training & Employment Agencies | - | - | - | 0.55% | |
| Professional Business Support Services | - | - | - | 0.43% | |
| Security Services | - | - | - | 0.39% | |
| Industrial Suppliers | - | - | - | 0.37% | |
| General Industrials | - | - | 2.24% | - | |
| Diversified Industrials | - | - | - | 1.47% | |
| Containers & Packaging | - | - | - | 0.47% | |
| Plastics | - | - | - | 0.14% | |
| Glass | - | - | - | 0.13% | |
| Paints & Coatings | - | - | - | 0.03% | |
| Industrial Transportation | - | - | 2.07% | - | |
| Marine Transportation | - | - | - | 0.64% | |
| Railroads | - | - | - | 0.60% | |
| Transportation Services | - | - | - | 0.54% | |
| Commercial Vehicles & Parts | - | - | - | 0.22% | |
| Delivery Services | - | - | - | 0.06% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.01% | |
| Electronic & Electrical Equipment | - | - | 1.81% | - | |
| Electrical Components | - | - | - | 1.43% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.31% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.07% | |
| Industrial Engineering | - | - | 1.45% | - | |
| Machinery: Construction & Handling | - | - | - | 0.66% | |
| Machinery: Industrial | - | - | - | 0.56% | |
| Machinery: Specialty | - | - | - | 0.14% | |
| Machinery: Engines | - | - | - | 0.09% | |
| Aerospace & Defence | - | - | 0.23% | - | |
| Defense | - | - | - | 0.17% | |
| Aerospace | - | - | - | 0.06% | |
| Construction & Materials | - | 0.76% | - | - | |
| Construction & Materials | - | - | 0.76% | - | |
| Building Materials: Other | - | - | - | 0.31% | |
| Construction | - | - | - | 0.13% | |
| Cement | - | - | - | 0.13% | |
| Engineering & Contracting Services | - | - | - | 0.13% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.08% | |
| Technology | 10.93% | - | - | - | |
| Technology | - | 10.93% | - | - | |
| Software & Computer Services | - | - | 6.82% | - | |
| Consumer Digital Services | - | - | - | 3.25% | |
| Software | - | - | - | 3.01% | |
| Computer Services | - | - | - | 0.57% | |
| Technology Hardware & Equipment | - | - | 4.11% | - | |
| Semiconductors | - | - | - | 2.79% | |
| Computer Hardware | - | - | - | 0.44% | |
| Production Technology Equipment | - | - | - | 0.41% | |
| Electronic Components | - | - | - | 0.40% | |
| Electronic Office Equipment | - | - | - | 0.06% | |
| Non-Classified | 10.24% | - | - | - | |
| Non-Classified | - | 6.03% | - | - | |
| Non-Classified | - | - | 6.03% | - | |
| Non-Classified | - | - | - | 6.03% | |
| Consumer Discretionary | 8.81% | - | - | - | |
| Retail | - | 2.68% | - | - | |
| Retailers | - | - | 2.68% | - | |
| Specialty Retailers | - | - | - | 1.43% | |
| Diversified Retailers | - | - | - | 0.90% | |
| Home Improvement Retailers | - | - | - | 0.29% | |
| Apparel Retailers | - | - | - | 0.06% | |
| Consumer Products & Services | - | 2.35% | - | - | |
| Leisure Goods | - | - | 0.91% | - | |
| Consumer Electronics | - | - | - | 0.44% | |
| Toys | - | - | - | 0.17% | |
| Photography | - | - | - | 0.16% | |
| Recreational Vehicles & Boats | - | - | - | 0.08% | |
| Recreational Products | - | - | - | 0.06% | |
| Personal Goods | - | - | 0.71% | - | |
| Clothing & Accessories | - | - | - | 0.40% | |
| Luxury Items | - | - | - | 0.20% | |
| Cosmetics | - | - | - | 0.05% | |
| Footwear | - | - | - | 0.05% | |
| Consumer Services | - | - | 0.52% | - | |
| Consumer Services: Misc. | - | - | - | 0.37% | |
| Vending & Catering Service | - | - | - | 0.09% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.07% | |
| Household Goods & Home Construction | - | - | 0.21% | - | |
| Home Construction | - | - | - | 0.20% | |
| Household Appliance | - | - | - | 0.01% | |
| Automobiles & Parts | - | 1.81% | - | - | |
| Automobiles & Parts | - | - | 1.81% | - | |
| Automobiles | - | - | - | 1.27% | |
| Auto Parts | - | - | - | 0.52% | |
| Tires | - | - | - | 0.02% | |
| Media | - | 1.19% | - | - | |
| Media | - | - | 1.19% | - | |
| Entertainment | - | - | - | 0.42% | |
| Publishing | - | - | - | 0.37% | |
| Radio & TV Broadcasters | - | - | - | 0.29% | |
| Media Agencies | - | - | - | 0.11% | |
| Travel & Leisure | - | 0.79% | - | - | |
| Travel & Leisure | - | - | 0.79% | - | |
| Airlines | - | - | - | 0.24% | |
| Hotels & Motels | - | - | - | 0.24% | |
| Casinos & Gambling | - | - | - | 0.13% | |
| Travel & Tourism | - | - | - | 0.09% | |
| Recreational Services | - | - | - | 0.09% | |
| Health Care | 7.34% | - | - | - | |
| Health Care | - | 7.34% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 5.08% | - | |
| Pharmaceuticals | - | - | - | 4.63% | |
| Biotechnology | - | - | - | 0.46% | |
| Health Care Providers | - | - | 1.23% | - | |
| Health Care Management Services | - | - | - | 0.98% | |
| Health Care Services | - | - | - | 0.22% | |
| Health Care Facilities | - | - | - | 0.03% | |
| Medical Equipment & Services | - | - | 1.03% | - | |
| Medical Equipment | - | - | - | 0.68% | |
| Medical Supplies | - | - | - | 0.31% | |
| Medical Services | - | - | - | 0.03% | |
| Consumer Staples | 5.06% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 2.87% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.87% | - | |
| Food Retailers & Wholesalers | - | - | - | 1.19% | |
| Personal Products | - | - | - | 1.13% | |
| Nondurable Household Products | - | - | - | 0.49% | |
| Drug Retailers | - | - | - | 0.06% | |
| Food, Beverage & Tobacco | - | 2.19% | - | - | |
| Beverages | - | - | 1.04% | - | |
| Distillers & Vintners | - | - | - | 0.39% | |
| Brewers | - | - | - | 0.38% | |
| Soft Drinks | - | - | - | 0.26% | |
| Food Producers | - | - | 0.87% | - | |
| Food Products | - | - | - | 0.85% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.02% | |
| Tobacco | - | - | 0.27% | - | |
| Tobacco | - | - | - | 0.27% | |
| Commodities | 4.00% | - | - | - | |
| Commodities | - | 4.00% | - | - | |
| Commodities | - | - | 4.00% | - | |
| Commodities | - | - | - | 4.00% | |
| Cash and Equivalents | 3.26% | - | - | - | |
| Telecommunications | 2.89% | - | - | - | |
| Telecommunications | - | 2.89% | - | - | |
| Telecommunications Service Providers | - | - | 1.50% | - | |
| Telecommunications Services | - | - | - | 1.35% | |
| Cable Television Services | - | - | - | 0.15% | |
| Telecommunications Equipment | - | - | 1.38% | - | |
| Telecommunications Equipment | - | - | - | 1.38% | |
| Basic Materials | 2.81% | - | - | - | |
| Basic Resources | - | 1.48% | - | - | |
| Industrial Metals & Mining | - | - | 1.30% | - | |
| General Mining | - | - | - | 0.58% | |
| Iron & Steel | - | - | - | 0.49% | |
| Nonferrous Metals | - | - | - | 0.16% | |
| Copper | - | - | - | 0.06% | |
| Precious Metals & Mining | - | - | 0.10% | - | |
| Gold Mining | - | - | - | 0.10% | |
| Industrial Materials | - | - | 0.08% | - | |
| Paper | - | - | - | 0.08% | |
| Chemicals | - | 1.33% | - | - | |
| Chemicals | - | - | 1.33% | - | |
| Chemicals: Diversified | - | - | - | 0.64% | |
| Specialty Chemicals | - | - | - | 0.41% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.20% | |
| Fertilizers | - | - | - | 0.07% | |
| Energy | 2.74% | - | - | - | |
| Energy | - | 2.74% | - | - | |
| Non-Renewable Energy | - | - | 2.46% | - | |
| Integrated Oil & Gas | - | - | - | 1.20% | |
| Oil: Crude Producers | - | - | - | 0.48% | |
| Pipelines | - | - | - | 0.33% | |
| Offshore Drilling & Other Services | - | - | - | 0.21% | |
| Oil Equipment & Services | - | - | - | 0.16% | |
| Oil Refining and Marketing | - | - | - | 0.08% | |
| Renewable Energy | - | - | 0.27% | - | |
| Alternative Fuels | - | - | - | 0.20% | |
| Renewable Energy Equipment | - | - | - | 0.07% | |
| Real Estate | 2.16% | - | - | - | |
| Real Estate | - | 2.16% | - | - | |
| Real Estate Investment Trusts | - | - | 1.30% | - | |
| Industrial REITs | - | - | - | 0.26% | |
| Infrastructure REITs | - | - | - | 0.21% | |
| Diversified REITs | - | - | - | 0.20% | |
| Other Specialty REITs | - | - | - | 0.15% | |
| Office REITs | - | - | - | 0.15% | |
| Retail REITs | - | - | - | 0.12% | |
| Timber REITs | - | - | - | 0.09% | |
| Residential REITs | - | - | - | 0.07% | |
| Health Care REITs | - | - | - | 0.06% | |
| Real Estate Investment & Services | - | - | 0.86% | - | |
| Real Estate Holding and Development | - | - | - | 0.66% | |
| Real Estate Services | - | - | - | 0.20% | |
| Utilities | 1.92% | - | - | - | |
| Utilities | - | 1.92% | - | - | |
| Electricity | - | - | 1.36% | - | |
| Conventional Electricity | - | - | - | 0.77% | |
| Alternative Electricity | - | - | - | 0.59% | |
| Gas, Water & Multi-utilities | - | - | 0.53% | - | |
| Multi-Utilities | - | - | - | 0.47% | |
| Water | - | - | - | 0.06% | |
| Waste & Disposal Services | - | - | 0.03% | - | |
| Waste & Disposal Services | - | - | - | 0.03% | |
| Alternative Trading Strategies | -0.21% | - | - | - | |
| Alternative Trading Strategies | - | -0.21% | - | - | |
| Alternative Trading Strategies | - | - | -0.21% | - | |
| Alternative Trading Strategies | - | - | - | -0.21% | |
Regional Allocation
| North America | 31.07% | |
| Developed Europe - Excl UK | 17.46% | |
| UK | 16.27% | |
| Japan | 8.82% | |
| Emerging Asia | 6.64% | |
| Non-Classified | 6.99% | |
| South & Central America | 4.44% | |
| Cash and Equivalents | 3.26% | |
| Developed Asia | 2.80% | |
| Other Regions | 2.23% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 83.56% | |
| US Dollar | 9.63% | |
| Pound Sterling | 3.34% | |
| Cash | 3.16% | |
| Euro | 0.13% | |
| Mexican Peso | 0.09% | |
| Other Currencies | 0.09% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 31.07% | - | |
United States
|
- | 29.91% | |
Canada
|
- | 1.16% | |
| Developed Europe - Excl UK | 17.46% | - | |
Ireland
|
- | 5.96% | |
Germany
|
- | 3.03% | |
Denmark
|
- | 2.42% | |
France
|
- | 2.17% | |
Netherlands
|
- | 1.35% | |
Switzerland
|
- | 0.96% | |
Spain
|
- | 0.41% | |
Austria
|
- | 0.35% | |
Finland
|
- | 0.21% | |
Sweden
|
- | 0.19% | |
Luxembourg
|
- | 0.15% | |
Belgium
|
- | 0.13% | |
Norway
|
- | 0.08% | |
Italy
|
- | 0.04% | |
Portugal
|
- | 0.00% | |
Iceland
|
- | 0.00% | |
| UK | 16.27% | - | |
United Kingdom
|
- | 16.01% | |
Jersey
|
- | 0.20% | |
Isle of Man
|
- | 0.04% | |
Guernsey
|
- | 0.02% | |
| Japan | 8.82% | - | |
Japan
|
- | 8.82% | |
| Emerging Asia | 6.64% | - | |
South Korea
|
- | 1.80% | |
China
|
- | 1.49% | |
India
|
- | 1.14% | |
Taiwan
|
- | 1.13% | |
Thailand
|
- | 0.50% | |
Indonesia
|
- | 0.46% | |
Philippines
|
- | 0.08% | |
Kazakhstan
|
- | 0.03% | |
Viet Nam
|
- | 0.00% | |
| Non-Classified | 6.99% | - | |
| South & Central America | 4.44% | - | |
Mexico
|
- | 3.50% | |
Brazil
|
- | 0.81% | |
Colombia
|
- | 0.07% | |
Cayman Islands
|
- | 0.06% | |
| Cash and Equivalents | 3.26% | - | |
| Developed Asia | 2.80% | - | |
Hong Kong
|
- | 2.18% | |
Singapore
|
- | 0.63% | |
| Australia & New Zealand | 0.79% | - | |
Australia
|
- | 0.79% | |
New Zealand
|
- | 0.01% | |
| Property | 0.70% | - | |
| Middle East & Africa | 0.69% | - | |
South Africa
|
- | 0.43% | |
Israel
|
- | 0.17% | |
Saudi Arabia
|
- | 0.06% | |
Egypt
|
- | 0.03% | |
| Emerging Europe | 0.04% | - | |
Romania
|
- | 0.04% | |
Greece
|
- | 0.00% | |
Poland
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
25.63% |
| Large |
|
11.71% |
| Medium |
|
8.09% |
| Small |
|
1.86% |
| Micro |
|
0.30% |
| Non-Classified |
|
35.86% |
| Bonds |
|
13.28% |
| Cash |
|
3.26% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | XTrackers Xtrackers MSCI Mexico UCITS ETF 1C | 3.36% | Non-Classified | Mexico |
| 2 | 4⅜% Treasury Gilt 2054 | 2.97% | Bonds | United Kingdom |
| 3 | cash | 1.16% | Bonds | United States |
| 4 | MICROSOFT CORPORATION | 1.13% | Software & Computer Services | United States |
| 5 | cash | 1.11% | Bonds | United States |
| 6 | cash | 1.08% | Bonds | United States |
| 7 | cash | 1.08% | Bonds | United States |
| 8 | cash | 1.05% | Bonds | United States |
| 9 | cash | 1.04% | Bonds | United States |
| 10 | ALPHABET INC | 1.03% | Software & Computer Services | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 0.37% | 10.55% | - | - | - | - | - | - | 10.93% |
| Telecommunications | 0.06% | 2.82% | - | 0.07% | - | - | - | - | 2.96% |
| Financials | 2.25% | 10.47% | - | - | - | - | 0.03% | - | 12.75% |
| Real Estate | 0.05% | 1.41% | - | - | - | 0.70% | 0.01% | - | 2.17% |
| Consumer Discretionary | 2.13% | 6.68% | - | - | - | - | - | - | 8.81% |
| Consumer Staples | 2.51% | 2.55% | - | - | - | - | - | - | 5.06% |
| Energy | 0.86% | 1.87% | - | - | - | - | - | - | 2.74% |
| Utilities | 0.46% | 1.47% | - | - | - | - | - | - | 1.93% |
| Health Care | 1.97% | 5.37% | - | - | - | - | - | - | 7.34% |
| Industrials | 1.81% | 10.21% | - | - | - | - | - | - | 12.03% |
| Basic Materials | 0.31% | 2.50% | - | - | - | - | - | - | 2.81% |
| Cash and Equivalents | - | - | - | - | - | - | - | 3.16% | 3.16% |
| Bonds | - | - | 0.13% | 10.00% | 3.08% | - | - | - | 13.21% |
| Non-Classified | - | 3.50% | - | - | - | - | 10.52% | 0.10% | 14.12% |
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 | B02SR55 |
| Mex Code | PUNUM |
| Isin Code | GB00B02SR554 |
| Citi Code | ILF4 |
Fund Charges
| Annual Management Charge (AMC) | 1.09% |
| Further Costs | 0.00% |
| Yearly Total | 1.09% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Flexible Investment Sector over any five-year period. At least 70% of the fund is invested in other funds to give exposure to a range of assets from anywhere in the world. The fund may also invest directly in these assets and use derivatives. In aggregate, at least 70% of the fund’s assets will be invested in company shares, either directly or via other funds. The fund has a flexible investment approach which combines in-depth research to determine the value of assets over the medium to long term, with analysis of investors’ emotional reaction to events to identify investment opportunities. |
| Benchmark | IA Flexible Investment Sector |
| ABI Sector | Flexible Investment |
Ratings
| FE Crown |  |
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 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 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.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.