Fact sheet: Pru Long Term Bond Pn

Fund information
Fund name
Pru Long Term Bond Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund manager
  • Portfolio Management Groupsince 29/04/2002
Underlying fund
M&G PP Long Term Bond Pn
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Long Term Bond Fund. That fund invests, via other M&G PP funds, in long-dated bonds split equally between UK Government gilts and corporate bonds. It is a “fund of funds” with the gilts component passively managed. The actively managed corporate bonds are mainly high quality sterling issues, but may include limited amounts of high yield and hedged non-sterling bonds. The split between government and corporate bonds may be reviewed from time to time.
Benchmark
  • Prudential benchmark 7 - Pre-Retirement
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.5%
1 Year rank in sector
31/117
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£46m (£56m 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.
83
Bid price
299.1
Top in this sector
Fund name1 Year
Ignis Standard Lg Gilt Pn25.1%
Stan Life L&G Ov15Yr IL GltIdx Pn21.2%
OMW M&G PP Lg Dted Corp Bd Pn16%
Pru Sup Lg Idx Lkd Pn14.7%
M&G PP Super Long Index Linked Pn14.5%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-11.8%4.9%12.5%40.1%52.3%
Sector-2.7%-10.8%5.5%11.9%36.4%44.5%
Rank within sector24 / 11753 / 11840 / 11831 / 11737 / 10516 / 92
Quartile1st2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund16%-1.1%23.3%-3.6%8.5%
Sector13.9%0%21.3%-4.3%6.5%
Rank within sector10 / 11886 / 11055 / 10539 / 10029 / 92
Quartile1st4th3rd2nd2nd
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.
0.16
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.
1.09
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.
0.72
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%.
12.14
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.
2.49
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.
0.4
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.
0.96
Price movement
52 week high343
52 week low256.5
Current bid price299.1
Current offer price-
Current mid price-
Region
1UK100%
Industry sector
1Corporate Bonds50.3%
2UK Long Dated Gilts49.7%
Asset type
1Global Corporate Fixed Interest50.3%
2UK Gilts49.7%
Individual holdings
1TREASURY 4.25% GILT 07/06/2032 GBP0.014%
2TREASURY 4.25% GILT 07/12/55 GBP0.013.8%
3TREASURY 4.5% GILT 7/9/2034 GBP0.013.8%
4TREASURY 4.25% GILT 07/03/36 GBP0.013.5%
5TREASURY 4.5% GILT 7/12/42 GBP3.5%
6TREASURY 4% GILT 22/01/60 GBP0.013.4%
7TREASURY 3.5% GILT 22/01/45 GBP3.2%
8TREASURY 4.75% GILT 07/12/38 GBP3.2%
9TREASURY 4.25% GILT 07/12/403.1%
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 Bond Fund. That fund invests, via other M&G PP funds, in long-dated bonds split equally between UK Government gilts and corporate bonds. It is a “fund of funds” with the gilts component passively managed. The actively managed corporate bonds are mainly high quality sterling issues, but may include limited amounts of high yield and hedged non-sterling bonds. The split between government and corporate bonds may be reviewed from time to time.
Benchmark
  • Prudential benchmark 7 - Pre-Retirement
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Portfolio Management Group29/04/2002
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Long Term Bond 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 price299.1
Offer price-
Mid price-
CurrencyGBX
Price updated30/11/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeP282
Pru Long Term Bond 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 price272.94
Offer price-
Mid price-
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKZ55
Data provided by

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