Fact sheet: M&G PP Cash Pn

Fund information
Fund name
M&G PP Cash Pn
Fund manager company
M&G
Fund type
Pension Fund
Fund managers
  • Prudential Capitalsince 31/05/2010
No data available.
Fund objective
The Fund aims to provide a return consistent with investing in unsecured interest bearing deposits and / or reverse repurchase agreements (reverse repos) as well as short-term UK government bonds and bills and Certificates of Deposits. The fund is managed with the aim of beating its benchmark of the London Interbank 7 Day Deposit Rate over rolling three year periods.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.3%
1 Year rank in sector
9/54
Sector
PN Deposit & Treasury
Yield
-
Fund size
£194m
Bid price
78.79
Offer price
78.8
Top in this sector
Fund name1 Year
Aviva Deposit Pn0.6%
Aviva Reserve Pn0.6%
FL GM Cash Pension0.6%
Aviva YP Deposit (CGU) Pn0.6%
Pru Ex-DSF Cash Pn0.5%
...more in PN Deposit & Treasury

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0.1%0.3%0.9%1.6%
Sector-0%-0%-0%-0.1%-0.2%-0.4%
Rank within sector11 / 558 / 559 / 559 / 548 / 509 / 48
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.2%0.4%0.3%0.3%0.3%
Sector-0.1%-0%-0.1%-0.2%-0%
Rank within sector9 / 557 / 549 / 508 / 4911 / 48
Quartile1st1st1st1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.35
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.57
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
0.03
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.03
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
13.78
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.14
Price movement
52 week high78.79
52 week low78.59
Current bid price78.79
Current offer price78.8
Current mid price-
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
M&G
Fund manager company
M&G
Fund type
Pension Fund
Fund objective
The Fund aims to provide a return consistent with investing in unsecured interest bearing deposits and / or reverse repurchase agreements (reverse repos) as well as short-term UK government bonds and bills and Certificates of Deposits. The fund is managed with the aim of beating its benchmark of the London Interbank 7 Day Deposit Rate over rolling three year periods.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Prudential Capital31/05/2010
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
M&G PP Cash Pn
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price78.79
Offer price78.8
Mid price-
CurrencyGBP
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codePS01
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.