Fact sheet: Pru FRIA Dyn Focused 20-55 Pfl Pn

Fund information
Fund name
Pru FRIA Dynamic Focused 20-55 Portfolio Pn
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund managers
  • Al Denholmsince 16/12/2014
Underlying fund
CF PruDyFo20-55Pf
Fund objective
The investment strategy of the fund is to purchase units in the CF Prudential Dynamic Focused 20-55 Portfolio. That fund aims to achieve a long-term total return (the combination of income and growth of capital) by investing mainly in collective investment schemes. Between 20% and 55% of the fund will be invested in schemes whose predominant exposure is to equities.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
10.6%
1 Year rank in sector
77/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£25m (£21m 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.
47
Offer price
174.4
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn19.6%
AXA Wealth TEAMS cl Gvn ptfl VPn17.7%
AXA Wealth TEAMS cl Gvn ptfl IVPn16.8%
FL Investec Caut Mgd Pn15.5%
FL Investec Cautious Mgd AP15.4%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK31.2%
    North America18.7%
    Europe ex UK18.6%
    Not Specified13.7%
    International9.3%
  • Others63.5%
    Financials19.4%
    Consumer Services4.3%
    Cash & Cash Equivalents4.3%
    Consumer Goods2.8%
  • Global Fixed Interest24.6%
    International Equities23.8%
    UK Corporate Fixed Interest14.8%
    UK Equities14%
    Property13.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%0.9%7.6%10.6%17.8%43.2%
Sector-2%-1.9%6%7.4%16.8%38.9%
Rank within sector414 / 52955 / 529130 / 51777 / 462129 / 399126 / 339
Quartile4th1st2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.2%0.9%5.2%10.4%11%
Sector8.4%1.3%6%8.3%9.4%
Rank within sector120 / 463248 / 425198 / 399149 / 381119 / 339
Quartile2nd3rd2nd2nd2nd
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.
0.02
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.
1.03
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.
0.37
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%.
5.9
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.
2.37
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.
0.06
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.
0.84
Price movement
52 week high180
52 week low152.3
Current bid price-
Current offer price174.4
Current mid price-
Region
1UK31.22%
2North America18.74%
3Europe ex UK18.63%
4Not Specified13.65%
5International9.3%
6Money Market4.3%
7Emerging Asia4.16%
Industry sector
1Others63.45%
2Financials19.42%
3Consumer Services4.34%
4Cash & Cash Equivalents4.3%
5Consumer Goods2.84%
6Industrials2.65%
7Health Care1.04%
8Oil & Gas1.01%
9Basic Materials0.95%
Asset type
1Global Fixed Interest24.64%
2International Equities23.75%
3UK Corporate Fixed Interest14.78%
4UK Equities14.03%
5Property13.06%
6Others5.44%
7Cash & Cash Equivalents4.3%
Individual holdings
1M&G STRATEGIC CORPORATE BOND A ACC GBP22.48%
2LEGAL & GENERAL UK INDEX TRUST I15.55%
3M&G PROPERTY PORTFOLIO I ACC GBP13.71%
4M&G EUROPEAN CORPORATE BOND CLASS A7.67%
5LEGAL & GENERAL US INDEX TRUST I6.6%
6LEGAL & GENERAL EUROPEAN INDEX TRUST6.51%
7LEGAL & GENERAL PACIFIC INDEX TRUST I6.36%
8M&G GLOBAL HIGH YIELD BOND X ACC GBP3.8%
9M&G SHORT DATED CORPORATE BOND A INC GBP3.34%
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 CF Prudential Dynamic Focused 20-55 Portfolio. That fund aims to achieve a long-term total return (the combination of income and growth of capital) by investing mainly in collective investment schemes. Between 20% and 55% of the fund will be invested in schemes whose predominant exposure is to equities.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Al Denholm16/12/2014Al Denholm, CFA, is Chief Executive of PPMG (Prudential Portfolio Management Group), the team responsible for the management and oversight of Prudential UK's insurance and unit linked portfolios. Prior to joining Prudential, Al led BlackRock's Multi-Asset Client Solutions (BMACS) business in EMEA, and BMACS Active Asset Allocation and Research teams globally. Al was a member of BlackRock's Global Operating Committee, The EMEA Executive and Operating Committees and the BMACS Management Committee. Previously, Al was Deputy Chief Investment Officer of ING Investment Management (INGIM), headquartered in The Hague. He joined INGIM in 2005 as Head of Equities and was appointed Deputy CIO in 2008. From 2009, he was a member of the Global Investment Leadership Team responsible for overseeing ING IM's investment management activities in more than 20 countries. Prior to that, Al was Head of Equities and Deputy CIO of Insight Investment based in London from 2001 to 2005. Previously, he led the UK and US equities teams at Scottish Widows Investment Partnership, having joined Scottish Widows in 1990. He started his career in 1986 as a UK equity analyst with Capital House Investment Management in Edinburgh. Al earned a degree in Chemical Engineering from Edinburgh University and is a CFA charter holder
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru FRIA Dynamic Focused 20-55 Portfolio Pn
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.04%
Bid price-
Offer price174.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNL0
Data provided by

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