Fact sheet: Pru JPM UK Specialist Eq Pn

Fund information
Fund name
Pru JP Morgan UK Specialist Equity Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund managers
  • William Meadonsince 29/02/2008
  • James Illsleysince 29/02/2008
Underlying fund
JPM Life UK Specialist Equity
Fund objective
The investment strategy of the fund is to purchase units in the JPMorgan Life UK Specialist Equity Fund. That fund is a pooled life fund investing primarily in UK equities, which may include smaller companies on an ancillary basis, either directly or through other funds. The fund seeks to achieve excess return through style analysis and stock selection. The fund aims to be well diversified and under normal circumstances, is fully invested in UK listed securities, with cash holdings kept to a minimum.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
23.6%
1 Year rank in sector
58/856
Sector
PN UK All Companies
Yield
-
Fund size
£1m (£1m 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.
104
Offer price
210.3
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn39.3%
Fidelity UBS UK Select Pn33.9%
Halifax IM UK Growth Pn33.6%
CM UBS UK Opportunities Pension33.4%
SW UBS UK Opps Pn32.9%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK97%
    Money Market3%
  • Financials28.6%
    Consumer Goods14.4%
    Basic Materials12.2%
    Oil & Gas12%
    Consumer Services9.8%
  • UK Equities97%
    Money Market3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%4.9%11.8%23.6%28.6%78.7%
Sector1.4%4.6%6.7%17.4%20.6%57.3%
Rank within sector524 / 881453 / 87859 / 87258 / 856105 / 81898 / 775
Quartile3rd3rd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3%17.6%4.6%3.2%25.2%
Sector3.9%10.2%4.4%0.6%24.2%
Rank within sector696 / 87768 / 853377 / 840163 / 815345 / 796
Quartile4th1st2nd1st2nd
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.
5.09
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.
0.7
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.
0.57
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%.
9.05
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.
6.76
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.
0.51
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.
0.54
Price movement
52 week high214.6
52 week low164.7
Current bid price-
Current offer price210.3
Current mid price-
Region
1UK97%
2Money Market3%
Industry sector
1Financials28.6%
2Consumer Goods14.4%
3Basic Materials12.2%
4Oil & Gas12%
5Consumer Services9.8%
6Industrials8.9%
7Health Care6.9%
8Money Market3%
9Utilities1.8%
Asset type
1UK Equities97%
2Money Market3%
Individual holdings
1ROYAL DUTCH SHELL6.7%
2HSBC HOLDINGS PLC5.7%
3BP PLC4.6%
4BRITISH AMERICAN TOBACCO PLC4.1%
5RIO TINTO PLC3.7%
6JPM UK SMALL CAP EQUITY FUND3.5%
7GLAXOSMITHKLINE PLC2.8%
8LLOYDS BANKING GROUP PLC2.7%
9WPP PLC2.6%
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 JPMorgan Life UK Specialist Equity Fund. That fund is a pooled life fund investing primarily in UK equities, which may include smaller companies on an ancillary basis, either directly or through other funds. The fund seeks to achieve excess return through style analysis and stock selection. The fund aims to be well diversified and under normal circumstances, is fully invested in UK listed securities, with cash holdings kept to a minimum.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
William Meadon29/02/2008William Meadon, managing director, is head of UK Institutional Equities in the JPMorgan Asset Management European Equity Group. An employee since 1996, William was previously head of UK Specialist Pension Funds at Newton Investment Management Ltd, responsible for pension funds and the Newton Higher Income Fund. Before this, he was a Balanced Pension fund manager, and manager of the Schroder Income Fund, with Schroder Investment Management. Prior to Schroders, William was articled to Peat Marwick (now part of KPMG). William obtained a BA (Hons) in Economics from the University of Nottingham and is a qualified Chartered Accountant.
James Illsley29/02/2008James Illsley is a portfolio manager in the J.P. Morgan Asset Management European Equity Group. He specialises in managing institutional and charitable portfolios. An employee since 1999, James was previously a UK equity portfolio manager and Director with Prudential Portfolio Managers UK (Ltd). James obtained an M.Eng in Mechanical and Nuclear Engineering from London University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru JP Morgan UK Specialist Equity 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 price210.3
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8N6
Pru JP Morgan UK Specialist Equity 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 price204.78
Offer price-
Mid price-
CurrencyGBX
Price updated23/03/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeM8MV
Data provided by

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