Fact sheet: Pru Ex-DSF M&G Mgd Gth Pn

Fund information
Fund name
Pru Ex-DSF M&G Managed Growth Pn
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund managers
  • David Fishwicksince 31/07/2015
Underlying fund
M&G Managed Growth
Fund objective
The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund. That Fund is an actively managed fund investing predominantly in collective investment schemes in order to provide a well diversified exposure to global equities. The Fund may also invest in other collective investment schemes and directly in securities, fixed income assets, warrants, money market instruments, deposits, cash, near cash, and derivatives for the purposes of efficient portfolio management.
Benchmark
  • FTSE World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
41.8%
1 Year rank in sector
20/980
Sector
PN Global Equities
Yield
-
Fund size
£155m (£125m 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.
97
Bid price
303.1
Offer price
319.1
Top in this sector
Fund name1 Year
SIP FOUR Act Gbl Inc & Gth Pn48.7%
RLP Dimensional Gbl Targeted Val Pn46.2%
Aegon Hend GlblTecPn46.1%
Stan Life M&G Global Dividend Pn43.9%
Aviva M&G Global Div Pn43.3%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA45.3%
    UK10.2%
    Japan10%
    Germany4.6%
    Money Market3.6%
  • Financials30%
    Industrials13.5%
    Consumer Goods10.4%
    Technology8.5%
    Others8.5%
  • US Equities45.3%
    UK Equities10.2%
    Japanese Equities10%
    German Equities4.6%
    Money Market3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%8.1%17.7%41.8%47.6%62.9%
Sector2.4%6.9%10.2%29.3%41.3%75.6%
Rank within sector708 / 1051132 / 103510 / 102320 / 980299 / 856634 / 768
Quartile3rd1st1st1st2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund4.2%33.9%0.1%4%4.2%
Sector3.3%22.4%3.7%7.8%21.4%
Rank within sector241 / 103625 / 957804 / 915651 / 844793 / 818
Quartile1st1st4th4th4th
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.
0.95
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.
1.02
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.
0.95
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%.
10.85
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.
3.69
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.
0.31
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.
0.88
Price movement
52 week high304.7
52 week low211.6
Current bid price303.1
Current offer price319.1
Current mid price-
Region
1USA45.28%
2UK10.25%
3Japan9.96%
4Germany4.63%
5Money Market3.56%
6Hong Kong3.41%
7Korea2.73%
8Denmark2.39%
9Taiwan2.37%
Industry sector
1Financials30.03%
2Industrials13.5%
3Consumer Goods10.43%
4Technology8.52%
5Others8.48%
6Health Care8.13%
7Consumer Services6.19%
8Basic Materials5.27%
9Oil & Gas3.93%
Asset type
1US Equities45.28%
2UK Equities10.25%
3Japanese Equities9.96%
4German Equities4.63%
5Money Market3.56%
6Hong Kong Equities3.41%
7South Korean Equities2.73%
8Danish Equities2.39%
9Taiwanese Equities2.37%
Individual holdings
1SOURCE FINANCIAL S&P US SECTOR11.68%
2M&G GLOBAL SELECT FUND11.38%
3M&G MACRO EPISODE FUND9.85%
4M&G JAPAN A INC GBP9.49%
5M&G NORTH AMERICAN VALUE A INC GBP9.08%
6M&G GLOBAL EMERGING MARKETS A ACC GBP8.88%
7M&G INVESTMENT FUNDS 1 PAN EUROPEAN7.52%
8M&G ASIAN C ACC EUR6.38%
9M&G PAN EUROPEAN DIVIDEND A ACC GBP5.49%
Management
Fund manager group
Prudential
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund objective
The investment strategy of the fund is to purchase units in the M&G Managed Growth Fund. That Fund is an actively managed fund investing predominantly in collective investment schemes in order to provide a well diversified exposure to global equities. The Fund may also invest in other collective investment schemes and directly in securities, fixed income assets, warrants, money market instruments, deposits, cash, near cash, and derivatives for the purposes of efficient portfolio management.
Benchmark
  • FTSE World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
David Fishwick31/07/2015David Fishwick is Head of Macro and Equities Investment at M&G Investments and co-fund manager of the M&G Episode Macro Fund. He is also fund manager of the M&G Managed Growth Fund. Dave has more than 20 years of investment management experience, having joined Prudential Portfolio Managers (now M&G Investments) in 1987 as a European economist and subsequently being responsible for forming views on global bond and currency markets and applying them to multi-asset funds. In 1994, Dave relocated to Australia where he was appointed head of fixed interest and asset allocation strategy in 1997. During that time, he developed his ideas on market behaviour and designed the strategy, philosophy and process implemented for an overlay mandate for the Prudential Life Fund upon his return to Europe in 1999. In light of the success of this mandate, the M&G Episode Macro Fund was launched in 2010, which follows the same strategy. Dave has a BSc in economics from Brunel University, London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Ex-DSF M&G Managed Growth Pn
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price303.1
Offer price319.1
Mid price-
CurrencyGBX
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeILF4
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.