Fact sheet: Pru Fidelity MnyBld Inc Pn

Fund information
Fund name
Pru Fidelity MoneyBuilder Income Pn Ser A
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund manager
  • Ian Spreadburysince 02/10/1995
Underlying fund
Fidelity Moneybld Income
Fund objective
The investment strategy of the fund is to purchase units in the Fidelity MoneyBuilder Income Fund. That fund's investment objective is to achieve an attractive level of income. The fund will obtain exposure primarily to Sterling-denominated (or hedged back to Sterling) fixed interest securities.
Benchmark
  • ML Eurosterling Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.2%
1 Year rank in sector
167/260
Sector
PN Sterling Corporate Bond
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.
35
Bid price
142.6
Offer price
150.1
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn14.3%
FL TEActv Bln Bd IE12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.1%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12%
AEGON Long Core Plus Pn11.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK67.6%
    USA11.4%
    France5.2%
    International3.5%
    Germany2.7%
  • Investment Grade Bonds41%
    Financials20.1%
    Asset/Mortgage-Backed Securities13.6%
    Government Bonds9%
    Investment Grade Government Bonds8.9%
  • UK Fixed Interest67.6%
    US Fixed Interest11.4%
    French Fixed Interest5.2%
    European Fixed Interest4.2%
    German Fixed Interest2.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-5.1%2%6.2%19.2%34%
Sector-1.3%-4.7%2.5%6.8%19%38.6%
Rank within sector217 / 265180 / 265201 / 265167 / 260111 / 235174 / 210
Quartile4th3rd4th3rd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund7.3%-0.5%11.9%-0.3%11%
Sector7.7%0.2%10.5%1%13.5%
Rank within sector161 / 260200 / 24655 / 235194 / 226184 / 210
Quartile3rd4th1st4th4th
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.
-0.29
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.
1.04
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.
0.39
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%.
5.64
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.
0.91
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.
-0.05
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.
0.98
Price movement
52 week high151.1
52 week low132.9
Current bid price142.6
Current offer price150.1
Current mid price-
Region
1UK67.64%
2USA11.37%
3France5.2%
4International3.46%
5Germany2.66%
6Europe2.4%
7Australasia2.15%
8Continental Europe1.82%
9Money Market1.44%
Industry sector
1Investment Grade Bonds40.99%
2Financials20.09%
3Asset/Mortgage-Backed Securities13.63%
4Government Bonds8.97%
5Investment Grade Government Bonds8.91%
6High Yield Bond4.75%
7Others1.93%
8Money Market1.44%
9Index Linked0.14%
Asset type
1UK Fixed Interest67.64%
2US Fixed Interest11.37%
3French Fixed Interest5.2%
4European Fixed Interest4.22%
5German Fixed Interest2.66%
6Global Fixed Interest2.64%
7Asia Pacific Fixed Interest2.15%
8Money Market1.44%
9Swiss Fixed Interest1.19%
Individual holdings
1EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10002.25%
2NETWORK RAIL INFRASTRUCTURE FINANCE 4.75% NTS 29/11/35 GBP500001.65%
3TREASURY 1.5% GILT 22/07/26 GBP0.011.31%
4RESEAU FERRE DE FRANCE 5.25% EURO MED TRM NTS 7/12/2028 GBP10001.26%
5TREASURY 5% GILT 07/03/18 GBP1.24%
6ASPIRE DEFENCE FINANCE 4.674% SER`A`GTD SEC BD 31/3/40 GBP500001.23%
7SANTANDER UK PLC 5.125% NTS 14/04/22 GBP10001.22%
8FIDELITY INSTITUTIONAL LIQUIDITY GBP A DIS1.15%
9TREASURY 4.25% GILT 07/06/2032 GBP0.011.11%
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 Fidelity MoneyBuilder Income Fund. That fund's investment objective is to achieve an attractive level of income. The fund will obtain exposure primarily to Sterling-denominated (or hedged back to Sterling) fixed interest securities.
Benchmark
  • ML Eurosterling Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Ian Spreadbury02/10/1995Ian Spreadbury is a Senior Portfolio Manager at Fidelity International with 30 years investment experience. Since joining Fidelity in 1995, he has been responsible for managing several of Fidelity's bond strategies. Previously, he worked for Legal and General in various positions including Senior Portfolio Manager (Bonds). Ian has a BSc in Pure & Applied Mathematics from University College of North Wales and an MSc in Mathematical Statistics from University of Sussex. He is also a Fellow of the Institute of Actuaries and is one of the most experienced fixed income managers in the industry.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Fidelity MoneyBuilder Income Pn Ser A
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price142.6
Offer price150.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI2X8
Data provided by

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