Fact sheet: Pru Discretionary Pn

Fund information
Fund name
Pru Discretionary Pn S1
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund manager
  • Portfolio Management Groupsince 01/07/1991
No data available.
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Discretionary Fund. That fund provides a traditional balanced approach to investment, holding a mix of UK and overseas company shares, bonds, property and cash via other M&G PP funds. It is actively managed against the average asset allocation of the BNY Mellon CAPS Balanced Pooled Fund universe. It is a “fund of funds” where both active stock selection, within the underlying sector funds, and asset allocation decisions are used to add value.
Benchmark
  • ABI Mixed Investment 40%-85% Shares
Investment style
Aggressive
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
15.4%
1 Year rank in sector
49/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£550m (£523m 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.
77
Bid price
6.46
Offer price
6.8
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.5%
FL My Ftr Adv Gth XE/IE Pn21.6%
Scot Eq Ext Bal Coll (ex MLC) Pn20%
FL Tailored Adventurous Pfl Pn19.2%
FL My Ftr Advantage Gth Pn18.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK30%
    North America21.3%
    Europe ex UK16.2%
    Japan10.3%
    International10%
  • Others27.9%
    Financials17.5%
    Industrials12%
    Consumer Goods10.6%
    Consumer Services8.8%
  • International Equities53.9%
    UK Equities28.8%
    Others6.3%
    Cash & Cash Equivalents3.3%
    Global Fixed Interest3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%2.1%12.7%15.4%26.7%59.9%
Sector-0.9%-1.2%7.9%10.1%20.9%47.1%
Rank within sector19 / 91325 / 91234 / 89449 / 79583 / 69272 / 595
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund14.9%3.3%4.2%16.8%11.2%
Sector9.9%2.2%5.7%13.1%9.9%
Rank within sector49 / 800202 / 753473 / 692122 / 661167 / 596
Quartile1st2nd3rd1st2nd
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.
1.24
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.
1.04
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.
0.58
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%.
7.75
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.
2.4
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.
0.6
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.
0.9
Price movement
52 week high6.66
52 week low5.11
Current bid price6.46
Current offer price6.8
Current mid price-
Region
1UK30.04%
2North America21.3%
3Europe ex UK16.19%
4Japan10.27%
5International9.96%
6Not Specified5.64%
7Emerging Asia3.3%
8Money Market3.3%
Industry sector
1Others27.88%
2Financials17.52%
3Industrials11.99%
4Consumer Goods10.64%
5Consumer Services8.77%
6Health Care8.54%
7Oil & Gas6.46%
8Basic Materials4.9%
9Cash & Cash Equivalents3.3%
Asset type
1International Equities53.87%
2UK Equities28.81%
3Others6.25%
4Cash & Cash Equivalents3.3%
5Global Fixed Interest3.25%
6Property2.65%
7UK Gilts1.87%
Individual holdings
1BP1.72%
2HSBC HLDGS1.26%
3ROYAL DUTCH SHELL1.18%
4BRITISH AMERICAN TOBACCO1.16%
5GLAXOSMITHKLINE1.02%
6ASTRAZENECA PLC0.8%
7APPLE INC0.71%
8VODAFONE GROUP0.71%
9MICROSOFT CORP0.66%
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 M&G PP Discretionary Fund. That fund provides a traditional balanced approach to investment, holding a mix of UK and overseas company shares, bonds, property and cash via other M&G PP funds. It is actively managed against the average asset allocation of the BNY Mellon CAPS Balanced Pooled Fund universe. It is a “fund of funds” where both active stock selection, within the underlying sector funds, and asset allocation decisions are used to add value.
Benchmark
  • ABI Mixed Investment 40%-85% Shares
Investment style
Aggressive
Investment method
Equity, Fixed Interest
Fund manager
NameSinceBiography
Portfolio Management Group01/07/1991
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Discretionary Pn S1
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price6.46
Offer price6.8
Mid price-
CurrencyGBP
Price updated02/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codePS17
Pru Discretionary 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 price290
Offer price-
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeP271
Data provided by

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