Fact sheet: Pru Lg Trm Glt Pasv Pn

Fund information
Fund name
Pru Long Term Gilt Passive Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Robert Burrowssince 30/09/2012
Underlying fund
M&G PP Lg Trm Glt Pasv Pn
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Long-Term Gilt Passive Fund. That fund invests in UK Government gilts with over 15 years to maturity. The fund is passively managed against its benchmark, the FTSE Actuaries UK Conventional Gilts Over 15 Years Index. Tracking this index is achieved by fully replicating the stocks in the index.
Benchmark
  • FTSE Actuaries UK Conventional Gilts Over 15 Years
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.5%
1 Year rank in sector
83/117
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£204m (£181m 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.
94
Bid price
291.4
Top in this sector
Fund name1 Year
Ignis Standard Lg Gilt Pn25.5%
Stan Life L&G Ov15Yr IL GltIdx Pn23.6%
Pru Sup Lg Idx Lkd Pn16.4%
M&G PP Super Long Index Linked Pn16.3%
OMW M&G PP Lg Dted Corp Bd Pn15.7%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.2%-12.7%2%11.5%43.8%44.7%
Sector-3.3%-10.1%4%13%38.2%45.1%
Rank within sector49 / 117106 / 11989 / 11883 / 11726 / 10540 / 92
Quartile2nd4th4th3rd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund14.6%-0%26.1%-5.9%2.9%
Sector14.2%0%21.3%-4.3%6.5%
Rank within sector43 / 11847 / 11010 / 10560 / 10044 / 92
Quartile2nd2nd1st3rd2nd
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.
-0.39
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.
1.2
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.
0.68
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%.
13.65
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.
4.1
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.
0.37
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 high339.1
52 week low252.8
Current bid price291.4
Current offer price-
Current mid price-
Region
1UK100%
Industry sector
No data available.
Asset type
1UK Gilts100%
Individual holdings
1TREASURY 4.25% GILT 07/06/2032 GBP0.018.1%
2TREASURY 4.25% GILT 07/12/55 GBP0.017.6%
3TREASURY 4.5% GILT 7/9/2034 GBP0.017.6%
4TREASURY 4.25% GILT 07/03/36 GBP0.017%
5TREASURY 4.5% GILT 7/12/42 GBP6.9%
6TREASURY 4% GILT 22/01/60 GBP0.016.8%
7TREASURY 4.75% GILT 07/12/38 GBP6.5%
8TREASURY 3.5% GILT 22/01/45 GBP6.3%
9TREASURY 4.25% GILT 07/12/406.2%
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 Long-Term Gilt Passive Fund. That fund invests in UK Government gilts with over 15 years to maturity. The fund is passively managed against its benchmark, the FTSE Actuaries UK Conventional Gilts Over 15 Years Index. Tracking this index is achieved by fully replicating the stocks in the index.
Benchmark
  • FTSE Actuaries UK Conventional Gilts Over 15 Years
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Robert Burrows30/09/2012
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Long Term Gilt 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 price291.4
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeP284
Pru Long Term Gilt 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 price262.98
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKZ57
Data provided by

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