Prudential Ex-DSF M&G Dividend
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 | -10.0% | 15.4% | 10.0% | -2.7% | 14.7% |
| Sector | -12.0% | 16.0% | 5.8% | 1.6% | 15.0% |
| Rank | 74/161 | 81/163 | 38/164 | 154/166 | 110/166 |
| Quartile | 2 | 2 | 1 | 4 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | 7.1% | 5.0% | 5.3% | |
| Sector | 7.3% | 4.8% | 4.9% | |
| Rank | 102/164 | 90/161 | 82/148 | |
| Quartile | 3 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| HSBC HOLDINGS | 7.57 |
| IMPERIAL BRANDS | 5.45 |
| BP | 5.34 |
| ASTRAZENECA | 4.81 |
| BRITISH AMERICAN TOBACCO | 4.74 |
| SHELL | 3.97 |
| RIO TINTO | 3.67 |
| NATIONAL GRID | 3.45 |
| GSK | 3.28 |
| LLOYDS BANKING GROUP | 3.02 |
| Total | 45.27 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G Dividend Fund - the underlying fund.
Underlying Fund Objective: The fund has three aims which are to provide an annual yield higher than that of the FTSE All-Share Index, to provide an income stream that increases every year and provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE All-Share Index over any five-year period.
At least 70% of the fund is invested in equity securities and equity-related securities of companies across any sector and market capitalisation, that are incorporated, domiciled, listed or do most of their business in the United Kingdom. The fund may also invest in other transferable securities, including the shares of non-UK companies, cash and near cash directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for efficient portfolio management and hedging.
Fund Manager
Michael Stiasny is the fund manager of Charifund and, since 1 April 2018, of the M&G UK Income Distribution Fund. He is also deputy fund manager of both the M&G Recovery Fund and the M&G Global Recovery Fund. He joined M&G in 1998 as an equity analyst, becoming head of the pan-European equity research team in 2005. He was appointed deputy fund manager of the M&G Recovery Fund in 2011. Michael graduated with a degree in philosophy, politics and economics from the University of Oxford. He is a CFA charterholder.
Fund Overview
| Bid (23/12/2024) | 529.70 |
| Offer (23/12/2024) | 557.60 |
| Fund size (31/05/2019) | £8.52m |
| Underlying Fund size | £760.39m |
| Number of holdings | 75 |
| Launch date | 31/08/2004 |
Fund Charges
| Annual Management Charge (AMC) | 0.975% |
| Further Costs | 0.000% |
| Yearly Total | 0.975% |
Asset Allocation
| UK Equities | 88.67% | |
| International Equities | 7.15% | |
| Property | 2.51% | |
| Investment Trusts | 1.86% | |
| Cash and Equivalents | -0.20% |
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 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
| UK Equities | 88.67% | |
| International Equities | 7.15% | |
| Property | 2.51% | |
| Investment Trusts | 1.86% | |
| Cash and Equivalents | -0.20% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 32.89% | - | - | - | |
| Banks | - | 13.57% | - | - | |
| Banks | - | - | 13.57% | - | |
| Banks | - | - | - | 13.57% | |
| Insurance | - | 10.21% | - | - | |
| Life Insurance | - | - | 7.21% | - | |
| Life Insurance | - | - | - | 7.21% | |
| Non-life Insurance | - | - | 3.00% | - | |
| Property & Casualty Insurance | - | - | - | 2.09% | |
| Reinsurance | - | - | - | 0.91% | |
| Financial Services | - | 9.11% | - | - | |
| Investment Banking & Brokerage Services | - | - | 5.80% | - | |
| Asset Managers & Custodians | - | - | - | 4.16% | |
| Investment Services | - | - | - | 1.63% | |
| Equity Investment Instruments | - | - | 1.86% | - | |
| Equity Investment Instruments | - | - | - | 1.86% | |
| Finance & Credit Services | - | - | 1.45% | - | |
| Consumer Lending | - | - | - | 0.64% | |
| Mortgage Finance | - | - | - | 0.57% | |
| Financial Data & Systems | - | - | - | 0.24% | |
| Consumer Staples | 13.17% | - | - | - | |
| Food, Beverage & Tobacco | - | 10.18% | - | - | |
| Tobacco | - | - | 10.18% | - | |
| Tobacco | - | - | - | 10.18% | |
| Personal Care, Drug & Grocery Stores | - | 2.99% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.99% | - | |
| Personal Products | - | - | - | 1.37% | |
| Nondurable Household Products | - | - | - | 0.81% | |
| Food Retailers & Wholesalers | - | - | - | 0.81% | |
| Energy | 10.25% | - | - | - | |
| Energy | - | 10.25% | - | - | |
| Non-Renewable Energy | - | - | 10.25% | - | |
| Integrated Oil & Gas | - | - | - | 9.30% | |
| Oil: Crude Producers | - | - | - | 0.94% | |
| Consumer Discretionary | 8.53% | - | - | - | |
| Media | - | 3.67% | - | - | |
| Media | - | - | 3.67% | - | |
| Radio & TV Broadcasters | - | - | - | 1.47% | |
| Publishing | - | - | - | 1.28% | |
| Media Agencies | - | - | - | 0.93% | |
| Retail | - | 1.65% | - | - | |
| Retailers | - | - | 1.65% | - | |
| Home Improvement Retailers | - | - | - | 1.17% | |
| Specialty Retailers | - | - | - | 0.48% | |
| Consumer Products & Services | - | 1.52% | - | - | |
| Household Goods & Home Construction | - | - | 1.14% | - | |
| Home Construction | - | - | - | 1.14% | |
| Personal Goods | - | - | 0.38% | - | |
| Clothing & Accessories | - | - | - | 0.38% | |
| Travel & Leisure | - | 1.20% | - | - | |
| Travel & Leisure | - | - | 1.20% | - | |
| Casinos & Gambling | - | - | - | 1.20% | |
| Automobiles & Parts | - | 0.49% | - | - | |
| Automobiles & Parts | - | - | 0.49% | - | |
| Auto Parts | - | - | - | 0.49% | |
| Utilities | 8.33% | - | - | - | |
| Utilities | - | 8.33% | - | - | |
| Gas, Water & Multi-utilities | - | - | 5.95% | - | |
| Multi-Utilities | - | - | - | 4.76% | |
| Water | - | - | - | 1.19% | |
| Electricity | - | - | 2.38% | - | |
| Conventional Electricity | - | - | - | 2.38% | |
| Health Care | 8.09% | - | - | - | |
| Health Care | - | 8.09% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 8.09% | - | |
| Pharmaceuticals | - | - | - | 8.09% | |
| Basic Materials | 6.96% | - | - | - | |
| Basic Resources | - | 6.08% | - | - | |
| Industrial Metals & Mining | - | - | 5.44% | - | |
| General Mining | - | - | - | 5.44% | |
| Industrial Materials | - | - | 0.64% | - | |
| Paper | - | - | - | 0.64% | |
| Chemicals | - | 0.88% | - | - | |
| Chemicals | - | - | 0.88% | - | |
| Specialty Chemicals | - | - | - | 0.88% | |
| Industrials | 5.05% | - | - | - | |
| Industrial Goods & Services | - | 3.59% | - | - | |
| General Industrials | - | - | 1.87% | - | |
| Containers & Packaging | - | - | - | 1.87% | |
| Industrial Engineering | - | - | 0.78% | - | |
| Machinery: Specialty | - | - | - | 0.78% | |
| Industrial Support Services | - | - | 0.67% | - | |
| Business Training & Employment Agencies | - | - | - | 0.67% | |
| Industrial Transportation | - | - | 0.27% | - | |
| Marine Transportation | - | - | - | 0.27% | |
| Construction & Materials | - | 1.46% | - | - | |
| Construction & Materials | - | - | 1.46% | - | |
| Construction | - | - | - | 0.74% | |
| Building Materials: Other | - | - | - | 0.40% | |
| Engineering & Contracting Services | - | - | - | 0.32% | |
| Real Estate | 3.33% | - | - | - | |
| Real Estate | - | 3.33% | - | - | |
| Real Estate Investment Trusts | - | - | 2.93% | - | |
| Diversified REITs | - | - | - | 1.76% | |
| Retail REITs | - | - | - | 0.67% | |
| Office REITs | - | - | - | 0.42% | |
| Residential REITs | - | - | - | 0.09% | |
| Real Estate Investment & Services | - | - | 0.40% | - | |
| Real Estate Holding and Development | - | - | - | 0.40% | |
| Telecommunications | 2.86% | - | - | - | |
| Telecommunications | - | 2.86% | - | - | |
| Telecommunications Service Providers | - | - | 2.86% | - | |
| Telecommunications Services | - | - | - | 2.86% | |
| Technology | 0.74% | - | - | - | |
| Technology | - | 0.74% | - | - | |
| Software & Computer Services | - | - | 0.74% | - | |
| Consumer Digital Services | - | - | - | 0.74% | |
| Cash and Equivalents | -0.20% | - | - | - | |
Regional Allocation
| UK | 90.69% | |
| Developed Europe - Excl UK | 3.64% | |
| Property | 2.51% | |
| Non-Classified | 1.86% | |
| North America | 0.91% | |
| Developed Asia | 0.58% | |
| Cash and Equivalents | -0.20% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.91% | |
| Cash | 1.09% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 90.69% | - | |
United Kingdom
|
- | 88.67% | |
Isle of Man
|
- | 1.20% | |
Guernsey
|
- | 0.82% | |
| Developed Europe - Excl UK | 3.64% | - | |
France
|
- | 1.31% | |
Ireland
|
- | 1.04% | |
Finland
|
- | 0.64% | |
Germany
|
- | 0.64% | |
| Property | 2.51% | - | |
| Non-Classified | 1.86% | - | |
| North America | 0.91% | - | |
Bermuda
|
- | 0.91% | |
| Developed Asia | 0.58% | - | |
Singapore
|
- | 0.31% | |
Hong Kong
|
- | 0.27% | |
| Cash and Equivalents | -0.20% | - | |
Breakdown By Market Cap (%)
| Mega |
|
37.42% |
| Large |
|
13.27% |
| Medium |
|
15.19% |
| Small |
|
6.66% |
| Micro |
|
0.77% |
| Non-Classified |
|
26.89% |
| Cash |
|
-0.20% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | HSBC HOLDINGS | 7.57% | Banks | United Kingdom |
| 2 | IMPERIAL BRANDS | 5.45% | Tobacco | United Kingdom |
| 3 | BP | 5.34% | Non-Renewable Energy | United Kingdom |
| 4 | ASTRAZENECA | 4.81% | Pharmaceuticals & Biotechnology | United Kingdom |
| 5 | BRITISH AMERICAN TOBACCO | 4.74% | Tobacco | United Kingdom |
| 6 | SHELL | 3.97% | Non-Renewable Energy | United Kingdom |
| 7 | RIO TINTO | 3.67% | Industrial Metals & Mining | United Kingdom |
| 8 | NATIONAL GRID | 3.45% | Gas, Water & Multi-utilities | United Kingdom |
| 9 | GSK | 3.28% | Pharmaceuticals & Biotechnology | United Kingdom |
| 10 | LLOYDS BANKING GROUP | 3.02% | Banks | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 0.74% | - | - | - | - | - | - | - | 0.74% |
| Telecommunications | 2.55% | 0.31% | - | - | - | - | - | - | 2.86% |
| Financials | 29.47% | 1.55% | - | - | - | - | 1.86% | - | 32.89% |
| Real Estate | - | 0.82% | - | - | - | 2.51% | - | - | 3.33% |
| Consumer Discretionary | 7.33% | 1.20% | - | - | - | - | - | - | 8.53% |
| Consumer Staples | 13.17% | - | - | - | - | - | - | - | 13.17% |
| Energy | 10.25% | - | - | - | - | - | - | - | 10.25% |
| Utilities | 7.01% | 1.31% | - | - | - | - | - | - | 8.33% |
| Health Care | 8.09% | - | - | - | - | - | - | - | 8.09% |
| Industrials | 4.78% | 0.27% | - | - | - | - | - | - | 5.05% |
| Basic Materials | 5.27% | 1.69% | - | - | - | - | - | - | 6.96% |
| Cash and Equivalents | - | - | - | - | - | - | - | -0.20% | -0.20% |
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).
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 | B02SR44 |
| Mex Code | PUNKI |
| Isin Code | GB00B02SR448 |
| Citi Code | ILF3 |
Fund Charges
| Annual Management Charge (AMC) | 0.975% |
| Further Costs | 0.000% |
| Yearly Total | 0.975% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the M&G Dividend Fund - the underlying fund. Underlying Fund Objective: The fund has three aims which are to provide an annual yield higher than that of the FTSE All-Share Index, to provide an income stream that increases every year and provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE All-Share Index over any five-year period. At least 70% of the fund is invested in equity securities and equity-related securities of companies across any sector and market capitalisation, that are incorporated, domiciled, listed or do most of their business in the United Kingdom. The fund may also invest in other transferable securities, including the shares of non-UK companies, cash and near cash directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for efficient portfolio management and hedging. |
| Benchmark | FTSE All-Share Index |
| ABI Sector | UK Equity Income |
Ratings
| FE Crown |  |
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).
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
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.