Fact sheet: Pru M&G Index Tracker Pn

Fund information
Fund name
Pru M&G Index Tracker Pn Ser A
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund managers
  • Richard O'Connorsince 03/12/2010
Underlying fund
M&G Index Tracker
Fund objective
The investment strategy of the fund is to purchase units in the M&G Index Tracker Fund. That fund aims to track the FTSE All Share Index.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Indices
Quick stats
1 Year return
11.5%
1 Year rank in sector
148/845
Sector
PN UK All Companies
Yield
-
Fund size
£21m (£20m 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.
95
Bid price
182.8
Offer price
192.4
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn45.6%
Fidelity UBS UK Select Pn27.9%
Halifax IM UK Growth Pn27.6%
CM UBS UK Opportunities Pension27.4%
SW UBS UK Opps Pn26.9%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK97.8%
    Money Market2.2%
  • Financials24.2%
    Consumer Goods14.8%
    Oil & Gas12.2%
    Consumer Services11.3%
    Industrials10.4%
  • UK Equities97.8%
    Money Market2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%0.7%9.3%11.5%16.1%47.8%
Sector1.8%-0.5%6.2%6.6%15.6%58.1%
Rank within sector456 / 867239 / 864179 / 863148 / 845357 / 807556 / 758
Quartile3rd2nd1st1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund10.9%1.2%-0.7%20.4%10.8%
Sector6.1%4.4%0.6%24.2%15.4%
Rank within sector168 / 845563 / 833551 / 808563 / 787589 / 760
Quartile1st3rd3rd3rd4th
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.
0.27
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.
0.94
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.
0.08
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%.
9.73
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.
3.62
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.
-0.01
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.
0.87
Price movement
52 week high188.5
52 week low146
Current bid price182.8
Current offer price192.4
Current mid price-
Region
1UK97.8%
2Money Market2.2%
Industry sector
1Financials24.21%
2Consumer Goods14.81%
3Oil & Gas12.17%
4Consumer Services11.34%
5Industrials10.38%
6Health Care9.31%
7Basic Materials6.58%
8Telecommunications4.34%
9Utilities3.79%
Asset type
1UK Equities97.8%
2Money Market2.2%
Individual holdings
1ROYAL DUTCH SHELL7.49%
2HSBC HLDGS5.51%
3BP4.06%
4BRITISH AMERICAN TOBACCO3.91%
5GLAXOSMITHKLINE3.53%
6VODAFONE GROUP2.67%
7ASTRAZENECA PLC2.6%
8DIAGEO2.45%
9RECKITT BENCKISER GROUP PLC2.06%
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 M&G Index Tracker Fund. That fund aims to track the FTSE All Share Index.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Indices
Fund managers
NameSinceBiography
Richard O'Connor03/12/2010Richard O'Connor joined M&G in 2002 and is manager of the M&G Fund of Investment Trust Shares, the PPL Ethical Fund and a number of index funds. He joined the business from Goldman Sachs where he worked as a consultant. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management in a research analyst role, which he held for more than three years. Richard graduated with a bachelor of commerce degree from the University of Natal and holds an honours degree in investment management from the University of Johannesburg (formerly RAU).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru M&G Index Tracker Pn Pre A
Initial charge-
Annual charge0.78%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price187
Offer price196.8
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSG81
Pru M&G Index Tracker Pn Ser A
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price182.8
Offer price192.4
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSG80
Data provided by

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