Fact sheet: Pru Europe Eq Pass Pn

Fund information
Fund name
Pru Europe Equity Passive Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Richard O'Connorsince 30/03/2004
Underlying fund
M&G PP Europe Passive Pn
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Europe Equity Passive Fund. That fund invests in the shares of European companies outside the UK. The fund is passively managed against its benchmark, the FTSE World Europe (ex UK) Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.6%
1 Year rank in sector
127/358
Sector
PN Europe Excluding UK
Yield
-
Fund size
£9m (£7m 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.
103
Offer price
284
Top in this sector
Fund name1 Year
OMW Old Mut Euro (ex UK) Sm Cos28.1%
OMW Henderson Euro Sm Cos24.3%
SIP Hend Eurpn Sm Cos Pn24.1%
Guardian Choices European Pn23.4%
L&G JPM Europe Sm Cos Pn19.5%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Europe ex UK100%
  • Consumer Goods20.2%
    Financials19.5%
    Health Care14.9%
    Industrials14.3%
    Basic Materials7.8%
  • Europe ex UK Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%1%10%11.6%17.9%69.4%
Sector-5.8%-0.8%8.9%10.2%20.2%75.9%
Rank within sector119 / 36863 / 367158 / 367127 / 358205 / 339202 / 311
Quartile2nd1st2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund11.2%5.3%0.2%24.7%17.4%
Sector8.6%9.4%-0.2%25.6%19.2%
Rank within sector99 / 358263 / 352150 / 340194 / 328217 / 310
Quartile2nd3rd2nd3rd3rd
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.
-0.55
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.
0.98
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.
0.36
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%.
10.96
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.
3.62
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.
-0.21
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.
0.89
Price movement
52 week high303.4
52 week low225.9
Current bid price-
Current offer price284
Current mid price-
Region
1Europe ex UK100%
Industry sector
1Consumer Goods20.2%
2Financials19.5%
3Health Care14.9%
4Industrials14.3%
5Basic Materials7.8%
6Consumer Services5.6%
7Oil & Gas4.5%
8Technology4.4%
9Telecommunications4.1%
Asset type
1Europe ex UK Equities100%
Individual holdings
1NESTLE SA4.4%
2NOVARTIS AG3.6%
3ROCHE HLDG AG3.6%
4ANHEUSER-BUSCH INBEV SA/NV1.9%
5TOTAL SA1.9%
6NOVO-NORDISK AS1.8%
7SANOFI1.8%
8BAYER AG1.5%
9Siemens AG Common Stock (Stamp Exempt)1.5%
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 Europe Equity Passive Fund. That fund invests in the shares of European companies outside the UK. The fund is passively managed against its benchmark, the FTSE World Europe (ex UK) Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Richard O'Connor30/03/2004Richard O'Connor joined M&G in 2002 and is manager of the M&G Fund of Investment Trust Shares, the PPL Ethical Fund and a number of index funds. He joined the business from Goldman Sachs where he worked as a consultant. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management in a research analyst role, which he held for more than three years. Richard graduated with a bachelor of commerce degree from the University of Natal and holds an honours degree in investment management from the University of Johannesburg (formerly RAU).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Europe Equity Passive 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 price284
Mid price-
CurrencyGBX
Price updated30/11/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeP543
Pru Europe Equity Passive 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 price-
Offer price-
Mid price270.01
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKZ41
Data provided by

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