Fact sheet: Pru Gbl Eq Passive Pn

Fund information
Fund name
Pru Global Equity Passive Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund manager
  • Portfolio Management Groupsince 05/04/2001
Underlying fund
M&G PP Global Equity Passive Pn
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Global Equity Passive Fund. That fund invests, via other M&G PP funds, in the shares of UK and overseas companies. The fund is passively managed with a benchmark of 70% in UK equities and 30% in overseas equities (in proportions reflecting the average overseas equity distribution of the BNY Mellon CAPS Balanced Pooled Fund universe). It is a “fund of funds” and both the proportions invested in each region and investments in each region are passively managed except for emerging markets which are actively managed.
Benchmark
  • Mix of FTSE and MSCI regional indices
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.3%
1 Year rank in sector
724/961
Sector
PN Global Equities
Yield
-
Fund size
£0m (£0m 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
Offer price
285.5
Top in this sector
Fund name1 Year
RLP Dimensional Gbl Targeted Val Pn32.3%
Aviva M&G Global Div Pn32.1%
LV= M&G Global Div Pn31.9%
OMW IPL M&G Global Dividend Pn31.8%
Stan Life M&G Global Dividend Pn31.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK69.6%
    North America12.1%
    Europe9%
    Japan4.5%
    Asia Pacific2.4%
  • No data available.
  • UK Equities69.6%
    North American Equities12.1%
    European Equities9%
    Japanese Equities4.5%
    Asia Pacific Equities2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%0.5%10.9%14.3%23.3%61.8%
Sector0%1.4%13.3%17.3%33.2%74%
Rank within sector329 / 1039683 / 1035800 / 1025724 / 961716 / 849614 / 751
Quartile2nd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund13.7%2.3%3.2%20.6%12.4%
Sector16.4%3.7%7.8%21.4%11.2%
Rank within sector724 / 963678 / 921719 / 849579 / 820343 / 752
Quartile4th3rd4th3rd2nd
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.
-1.03
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.
0.82
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.
0.38
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%.
9.17
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.
4.28
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.
-0.63
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 high297.2
52 week low223.8
Current bid price-
Current offer price285.5
Current mid price-
Region
1UK69.6%
2North America12.1%
3Europe9%
4Japan4.5%
5Asia Pacific2.4%
6Global Emerging Markets2.4%
Industry sector
No data available.
Asset type
1UK Equities69.6%
2North American Equities12.1%
3European Equities9%
4Japanese Equities4.5%
5Asia Pacific Equities2.4%
6Global Emerging Market Equities2.4%
Individual holdings
1HSBC HOLDINGS PLC3.7%
2BRITISH AMERICAN TOBACCO PLC2.9%
3BP PLC2.7%
4GLAXOSMITHKLINE2.5%
5ROYAL DUTCH SHELL2.5%
6ROYAL DUTCH SHELL2.4%
7ASTRAZENECA PLC2%
8VODAFONE GROUP1.9%
9DIAGEO PLC1.8%
Management
Fund manager group
Prudential
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Global Equity Passive Fund. That fund invests, via other M&G PP funds, in the shares of UK and overseas companies. The fund is passively managed with a benchmark of 70% in UK equities and 30% in overseas equities (in proportions reflecting the average overseas equity distribution of the BNY Mellon CAPS Balanced Pooled Fund universe). It is a “fund of funds” and both the proportions invested in each region and investments in each region are passively managed except for emerging markets which are actively managed.
Benchmark
  • Mix of FTSE and MSCI regional indices
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Portfolio Management Group05/04/2001
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Global Equity Passive Pn S3
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price285.5
Mid price-
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeP274
Pru Global Equity Passive Pn S3 Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price281.27
Offer price-
Mid price-
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeM8MO
Data provided by

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