Fact sheet: Pru FRIA BlackRock UK Pn

Fund information
Fund name
Pru FRIA BlackRock UK Pn
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund managers
  • Nicholas Littlesince 13/07/2009
Underlying fund
BlackRock UK
Fund objective
The investment strategy of the fund is to purchase units in the BlackRock UK Fund. That fund aims to achieve long-term capital growth for investors by investing primarily in the shares of larger companies incorporated or listed in the UK. The fund may also invest in collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
17.7%
1 Year rank in sector
473/856
Sector
PN UK All Companies
Yield
-
Fund size
£2m (£2m 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.
92
Bid price
203.1
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn38.2%
Fidelity UBS UK Select Pn33%
Halifax IM UK Growth Pn32.8%
CM UBS UK Opportunities Pension32.5%
SW UBS UK Opps Pn32%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK98.8%
    Money Market1.2%
  • Consumer Services29.2%
    Consumer Goods20.4%
    Financials16.4%
    Industrials9.8%
    Oil & Gas6.9%
  • UK Equities98.8%
    Money Market1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%3.3%6.6%17.7%20.4%54.1%
Sector1%4%7.6%17%19.9%55.5%
Rank within sector504 / 881633 / 878604 / 872473 / 856384 / 818421 / 775
Quartile3rd3rd3rd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.1%6.7%11.2%-0.1%24%
Sector3.6%10.2%4.4%0.6%24.2%
Rank within sector591 / 877623 / 853110 / 840474 / 815385 / 796
Quartile3rd3rd1st3rd2nd
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.
0.82
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.
0.21
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%.
10.34
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.
4.49
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.
0.14
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.
0.81
Price movement
52 week high206.4
52 week low164.8
Current bid price203.1
Current offer price-
Current mid price-
Region
1UK98.79%
2Money Market1.21%
Industry sector
1Consumer Services29.21%
2Consumer Goods20.42%
3Financials16.44%
4Industrials9.76%
5Oil & Gas6.86%
6Health Care5.95%
7Basic Materials5.69%
8Technology4.46%
9Money Market1.21%
Asset type
1UK Equities98.79%
2Money Market1.21%
Individual holdings
1BRITISH AMERICAN TOBACCO6.32%
2RIO TINTO5.69%
3ROYAL DUTCH SHELL5.19%
4RECKITT BENCKISER GROUP PLC4.79%
5MICRO FOCUS INTERNATIONAL4.46%
6RELX PLC4.44%
7SHIRE PLC4.05%
8UNILEVER3.96%
9HSBC HLDGS3.85%
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 BlackRock UK Fund. That fund aims to achieve long-term capital growth for investors by investing primarily in the shares of larger companies incorporated or listed in the UK. The fund may also invest in collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Nicholas Little13/07/2009Nick Little, CFA, Director and portfolio manager, is a member of the UK Specialist Equity team within BlackRock's Fundamental Equity division of BlackRock's Alpha Strategies Group. He covers the mining and industrials sectors. Mr. Little's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Little was a research analyst on the UK equity team. Prior to joining MLIM in 2001, Mr. Little worked in Arthur Andersen's corporate tax department. Mr. Little earned an MA degree, with first class honours, in economics from Pembroke College, Cambridge in 2001.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru FRIA BlackRock UK Pn
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.57%
Bid price203.1
Offer price-
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNI7
Data provided by

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