PIA European Index Tracker EUR Ser B
Performance
Discrete performance - to last month end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | 38.7% | 6.0% | 2.3% | 14.6% | 3.2% |
| Sector | 47.1% | 5.4% | 0.3% | 14.8% | 4.9% |
| Rank | 84/108 | 44/113 | 47/113 | 72/113 | 74/113 |
| Quartile | 4 | 2 | 2 | 3 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | 6.6% | 12.2% | 4.7% | |
| Sector | 6.5% | 13.4% | 5.2% | |
| Rank | 60/111 | 78/105 | 67/85 | |
| Quartile | 3 | 3 | 4 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| SAP SE | 3.43 |
| ASML HOLDING N.V. | 3.32 |
| NOVO NORDISK A/S | 2.96 |
| ROCHE HOLDING AG | 2.50 |
| NESTLE S.A. | 2.48 |
| NOVARTIS AG | 2.41 |
| LVMH MOET HENNESSY LOUIS VUITTON | 2.03 |
| SIEMENS AKTIENGESELLSCHAFT | 1.79 |
| SCHNEIDER ELECTRIC SE | 1.54 |
| ALLIANZ SE | 1.43 |
| Total | 23.90 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the M&G (Lux) BlackRock Europe ex UK Equity Fund. That fund aims to provide a total return (i.e. capital growth plus income) gross of the Ongoing Charges Figure over any three year period. Underlying Fund Objective: The Sub-Fund aims to be fully invested in the equity securities and equity related securities of companies that are constituents of the FTSE World Europe ex UK Index (the "Index"). The Sub-Fund typically invests directly. The Sub-Fund invests in securities that meet the ESG Criteria, applying an Exclusionary Approach and a Positive ESG Outcome as described in the precontractual annex to this Sub-Fund. The Sub-Fund may also invest in cash, and near cash, directly or via collective investment schemes (including collective investment schemes managed by M&G). The Sub-Investment Manager may allocate more of the Sub-Fund's net assets to cash and near cash as a result of certain exceptional market conditions and in order to mitigate exposure to market risk. The Sub-Fund may use derivatives for Efficient Portfolio Management and hedging only.
Fund Manager
The Index Fund Management Team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The Team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns
Fund Overview
| Bid (02/04/2025) | 2.47 |
| Offer (02/04/2025) | 2.60 |
| Fund size (28/02/2025) | €9.85m |
| Underlying Fund size | £3311.65m |
| Number of holdings | 634 |
| Launch date | 05/04/2002 |
Fund Charges
| Annual Management Charge (AMC) | 1.20% |
| Further Costs | 0.00% |
| Yearly Total | 1.20% |
Asset Allocation
| International Equities | 97.93% | |
| Cash and Equivalents | 0.77% | |
| International Bonds | 0.64% | |
| Property | 0.27% | |
| Alternative Trading Strategies | 0.00% | |
| Other Assets | 0.38% |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in the fund's currency of denomination with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
