Fact sheet: Pru Bailie Gif Dvsfd Gth Pn

Fund information
Fund name
Pru Baillie Gifford Diversified Growth Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Team Managedsince 23/03/2015
Underlying fund
Baillie Gifford Divfd Gth Pn
Fund objective
The investment strategy of the fund is to purchase units in the Baillie Gifford Diversified Growth Pension Fund which in turn invests solely in the Baillie Gifford Diversified Growth Fund, a collective investment scheme managed by Baillie Gifford & Co Limited. The objective of that fund is to outperform the UK base rate by at least 3.5% per annum (after fees) over rolling five year periods with an annualised volatility of less than 10% over rolling 5 year periods. The Baillie Gifford Diversified Growth Fund may invest across a broad range of traditional and alternative asset classes which may include but is not limited to equities, investment grade and high yield bonds, property, private equity, infrastructure, commodities and currencies. The Fund may invest directly or hold up to 100% of the Fund in other collective investment vehicles and my use exchange traded and over-the-counter financial derivatives, such as currency forwards or futures, for both investment as well as hedging purposes.
Benchmark
  • UK base rate + 3.5% (Target Return)
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
7.3%
1 Year rank in sector
267/514
Sector
PN Specialist
Yield
-
Fund size
£32m (£25m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
36
Offer price
134.5
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus48.9%
ReAssure AL NptRu&GtrRus Pn48.8%
L&G Nep Russia&Gtr Russia Pn48.2%
OMW InvescoPerpetualEmgEurpn44.4%
Scot Eq JPM Emg Eur Eq Pn43.8%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities19.3%
    High Yield Bond13.8%
    Fixed Interest10.9%
    Structured Products10.5%
    Hedge8.6%
  • International Equities19.3%
    Global High Yield Fixed Interest13.8%
    Others12.4%
    Global Emerging Market Fixed Interest10.9%
    Structured Products10.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%0.4%4.6%7.3%17%37.7%
Sector-0%-0.1%6.8%9.4%21.6%42.3%
Rank within sector84 / 546199 / 545278 / 531267 / 514221 / 386168 / 317
Quartile1st2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.2%1.8%6.2%5.9%12.2%
Sector9.3%2%7.2%11%7.7%
Rank within sector269 / 514181 / 450180 / 388208 / 35773 / 318
Quartile3rd2nd2nd3rd1st
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.
1.48
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.
0.55
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.
0.34
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%.
4.33
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.
3.83
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.
-0.33
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.
0.58
Price movement
52 week high134.9
52 week low119.7
Current bid price-
Current offer price134.5
Current mid price-
Region
No data available.
Industry sector
1Equities19.3%
2High Yield Bond13.8%
3Fixed Interest10.9%
4Structured Products10.5%
5Hedge8.6%
6Infrastructure7.8%
7Property7.1%
8Investment Grade Bonds4.9%
9Insurance4.3%
Asset type
1International Equities19.3%
2Global High Yield Fixed Interest13.8%
3Others12.4%
4Global Emerging Market Fixed Interest10.9%
5Structured Products10.5%
6Hedge8.6%
7Property7.1%
8Global Investment Grade Fixed Interest4.9%
9Cash & Cash Equivalents4.1%
Individual holdings
1BG EMERGING MARKETS BOND FUND9.2%
2BG GLOBAL ALPHA GROWTH FUND5.7%
3GALENE FUND 5%
4BG GLOBAL INCOME GROWTH FUND4.9%
5BG WORLDWIDE GLOBAL CREDIT FUND4.9%
6BG HIGH YIELD BOND FUND4%
7UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/01/26 USD1003.8%
8BG WORLDWIDE JAPANESE FUND3.5%
9ALLIANZ MERGER ARBITRAGE STRATEGY2.9%
Management
Fund manager group
Prudential
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund objective
The investment strategy of the fund is to purchase units in the Baillie Gifford Diversified Growth Pension Fund which in turn invests solely in the Baillie Gifford Diversified Growth Fund, a collective investment scheme managed by Baillie Gifford & Co Limited. The objective of that fund is to outperform the UK base rate by at least 3.5% per annum (after fees) over rolling five year periods with an annualised volatility of less than 10% over rolling 5 year periods. The Baillie Gifford Diversified Growth Fund may invest across a broad range of traditional and alternative asset classes which may include but is not limited to equities, investment grade and high yield bonds, property, private equity, infrastructure, commodities and currencies. The Fund may invest directly or hold up to 100% of the Fund in other collective investment vehicles and my use exchange traded and over-the-counter financial derivatives, such as currency forwards or futures, for both investment as well as hedging purposes.
Benchmark
  • UK base rate + 3.5% (Target Return)
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Team Managed23/03/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Baillie Gifford Diversified Growth Pn S3
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price134.5
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08K4
Pru Baillie Gifford Diversified Growth Pn S3 Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price131.04
Offer price-
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeM8NM
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.