Fact sheet: Pru FRIA M&G Gbl Sel Pn

Fund information
Fund name
Pru FRIA M&G Global Select Pn
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund managers
  • John William Olsensince 01/06/2007
Underlying fund
M&G Global Select
Fund objective
The investment strategy of the fund is to purchase units in the M&G Global Select Fund. That fund aims to maximise long-term total return (the combination of capital growth and income) by investing mainly in a wide range of global equities. The Fund will invest globally (including in the UK) in the equities of companies across a wide range of geographies, sectors and market capitalisations. Income is of secondary importance to capital growth when investments are selected. The Fund may at any time be concentrated in a limited number of equities.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
31.9%
1 Year rank in sector
362/985
Sector
PN Global Equities
Yield
-
Fund size
£13m (£12m 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.
96
Bid price
468.2
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn52.9%
FL Baillie Giff LT Gbl Gth Pn51.9%
Baillie Gifford Lng Tm Gbl Gth Pn50.9%
Zurich BailGfrd LgTrmGblGth50.5%
Stan Life BGiff LgTmGlGtOEICPn49.7%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA58.5%
    UK10.1%
    Germany6.5%
    Netherlands5.6%
    Denmark4.9%
  • Financials23%
    Health Care22.8%
    Information Technology12.8%
    Industrials12.8%
    Consumer Discretionary11.4%
  • US Equities58.5%
    UK Equities10.1%
    German Equities6.5%
    Dutch Equities5.6%
    Danish Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%0.7%7.3%31.9%50%97.2%
Sector3.2%2%9.3%29.7%43.9%94.2%
Rank within sector650 / 1037780 / 1032834 / 1015362 / 985277 / 851397 / 769
Quartile3rd4th4th2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.9%27.3%5.5%5.5%17.8%
Sector5.8%22.4%3.7%7.8%21.4%
Rank within sector810 / 1017251 / 939263 / 897544 / 828674 / 800
Quartile4th2nd2nd3rd4th
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.
1.94
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.
0.94
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.
1.02
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%.
10.27
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.
4.26
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.
0.27
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.
0.83
Price movement
52 week high479
52 week low351.8
Current bid price468.2
Current offer price-
Current mid price-
Region
1USA58.5%
2UK10.07%
3Germany6.51%
4Netherlands5.62%
5Denmark4.93%
6Switzerland4.23%
7Japan3.54%
8Money Market2.57%
9Israel2.02%
Industry sector
1Financials22.98%
2Health Care22.79%
3Information Technology12.82%
4Industrials12.76%
5Consumer Discretionary11.37%
6Consumer Staples9.32%
7Materials2.64%
8Money Market2.57%
9Energy1.78%
Asset type
1US Equities58.5%
2UK Equities10.07%
3German Equities6.51%
4Dutch Equities5.62%
5Danish Equities4.93%
6Swiss Equities4.23%
7Japanese Equities3.54%
8Money Market2.57%
9Israeli Equities2.02%
Individual holdings
1BECTON DICKINSON & CO5.85%
2UNITEDHEALTH GROUP INC5.15%
3NOVO-NORDISK AS4.93%
4NESTLE SA4.23%
5MICROSOFT CORP4.01%
6WH SMITH PLC4.01%
7GRACO INC3.83%
8ALPHABET INC3.75%
9BANK OF NEW YORK MELLON CORP3.64%
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 Global Select Fund. That fund aims to maximise long-term total return (the combination of capital growth and income) by investing mainly in a wide range of global equities. The Fund will invest globally (including in the UK) in the equities of companies across a wide range of geographies, sectors and market capitalisations. Income is of secondary importance to capital growth when investments are selected. The Fund may at any time be concentrated in a limited number of equities.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
John William Olsen01/06/2007John William Olsen, a Danish national, joined M&G in April 2014, and was appointed fund manager of the M&G Global Select Fund and M&G Pan European Select Fund in July 2014. He was later appointed manager of the M&G European Select Fund and deputy manager of the M&G European Smaller Companies Fund in July 2016. John William joined M&G from Danske Capital, where from 2002 he had managed non-domestic equity portfolios, including the Global Stock Picking and Global Select equity funds, and also the European Select strategy. He joined Danske Capital in 1998 as a fund manager on the domestic Danish equities team, and in 2000 also became a global sector analyst focusing on technology and telecommunications stocks. John William gained a BA in business economics and then an MSc in finance and accounting from Copenhagen Business School.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru FRIA M&G Global Select Pn
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.02%
Bid price468.2
Offer price-
Mid price-
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeMW30
Data provided by

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