Fact sheet: Pru FRIA M&G Asian Pn

Fund information
Fund name
Pru FRIA M&G Asian Pn
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund manager
  • Matthew Vaightsince 31/05/2007
Underlying fund
M&G Asian
Fund objective
The investment strategy of the fund is to purchase units in the M&G Asian Fund. That fund's sole aim is long-term capital growth. It invests wholly or mainly in a range of Asian (including Australasian) securities. When not wholly invested as above, the fund may also invest in global securities with the exception of Japanese securities.
Benchmark
  • MSCI AC Asia Pac ex Jap
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
48.3%
1 Year rank in sector
110/223
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£29m (£25m 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.
122
Bid price
518.7
Top in this sector
Fund name1 Year
SL SLI Indian Eq Midcap Opps Pn70.1%
FL Invesco Perp Asian Pn68%
FL Invesco Perpetual Asian AP67.1%
Aviva Invesco Perpetual Asian Pn66.7%
SIP Inv Perp Asian Pn66%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China20.6%
    Korea18%
    Taiwan16%
    Hong Kong13.8%
    Australia10.7%
  • Information Technology28.5%
    Financials26.8%
    Industrials10.6%
    Materials9.3%
    Utilities5.9%
  • Chinese Equities20.6%
    South Korean Equities18%
    Taiwanese Equities16%
    Hong Kong Equities13.8%
    Australian Equities10.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%10.7%11.7%48.3%48.2%53.3%
Sector1.9%9.3%7.8%46.7%48.1%51.6%
Rank within sector159 / 23037 / 23020 / 224110 / 22399 / 20992 / 193
Quartile3rd1st1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund7.8%27.2%-5.3%6.3%4.4%
Sector7.6%27%-3.6%8.3%0.7%
Rank within sector113 / 230125 / 222145 / 220136 / 20924 / 206
Quartile2nd3rd3rd3rd1st
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.
-0.07
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.
1.01
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.
0.66
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%.
14.73
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.
3.9
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.
-0.02
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.
0.93
Price movement
52 week high523.7
52 week low352.4
Current bid price518.7
Current offer price-
Current mid price-
Region
1China20.59%
2Korea18%
3Taiwan15.98%
4Hong Kong13.81%
5Australia10.72%
6Singapore5.31%
7India5.15%
8Money Market4.17%
9UK3.04%
Industry sector
1Information Technology28.54%
2Financials26.83%
3Industrials10.62%
4Materials9.3%
5Utilities5.87%
6Consumer Discretionary5.01%
7Money Market4.17%
8Telecommunications3.89%
9Energy3.62%
Asset type
1Chinese Equities20.59%
2South Korean Equities18%
3Taiwanese Equities15.98%
4Hong Kong Equities13.81%
5Australian Equities10.72%
6Singapore Equities5.31%
7Indian Equities5.15%
8Money Market4.17%
9UK Equities3.04%
Individual holdings
1SAMSUNG ELECTRONICS CO5.35%
2TAIWAN SEMICONDUCTOR CO4.4%
3AIA GROUP LTD3.39%
4DBS GROUP HLDGS LTD3.3%
5BAIDU INC3.24%
6CK HUTCHISON HLDGS LTD3.22%
7SHINHAN FINANCIAL GROUP2.99%
8QBE INSURANCE GROUP2.97%
9SK HYNIX INC2.82%
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 Asian Fund. That fund's sole aim is long-term capital growth. It invests wholly or mainly in a range of Asian (including Australasian) securities. When not wholly invested as above, the fund may also invest in global securities with the exception of Japanese securities.
Benchmark
  • MSCI AC Asia Pac ex Jap
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Matthew Vaight31/05/2007Matthew Vaight joined M&G’s UK equity desk in 1996. He is a member of the M&G Equities team and is manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund. Matthew graduated from Oxford University with a first class honours degree in mathematics. He is a member of the UK Society of Investment Professionals (UKSIP).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru FRIA M&G Asian Pn
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.59%
Bid price518.7
Offer price-
Mid price-
CurrencyGBX
Price updated16/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeMW35
Data provided by

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