Fact sheet: Pru M&G Tot Rtn Credit Inv Pn

Fund information
Fund name
Pru M&G Total Return Credit Investment Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund manager
  • Richard Ryansince 02/07/2015
Underlying fund
M&G PP Total Return Credit Pn
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Total Return Credit Investment Fund, which gains its exposure through the M&G Total Return Credit Investment Fund. That fund aims to maximise total return through prudent investment management. It aims to provide investors with attractive returns from capital and income from a diversified pool of debt and debt like assets, including but not limited to, debt instruments with a fixed, variable or floating rate coupon. The fund will identify opportunities at the market, sector, issuer or security level. There is no geographic limitation to the investment universe.
Benchmark
  • LIBOR GBP 1 Month
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
5.7%
1 Year rank in sector
305/514
Sector
PN Specialist
Yield
-
Fund size
£0m (£0m last year)
Offer price
105.8
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus48.9%
ReAssure AL NptRu&GtrRus Pn48.8%
L&G Nep Russia&Gtr Russia Pn48.2%
OMW InvescoPerpetualEmgEurpn44.4%
Scot Eq JPM Emg Eur Eq Pn43.8%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • International77.3%
    Money Market22.7%
  • Industrials28.8%
    Mortgage & Secured Bonds23.5%
    Money Market22.7%
    Financials17.8%
    Utilities3.1%
  • Global High Yield Fixed Interest77.3%
    Money Market22.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1%3.5%5.7%--
Sector-0%-0.1%6.8%9.4%21.6%42.3%
Rank within sector155 / 546157 / 545320 / 531305 / 514--
Quartile2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.4%----
Sector9.3%2%7.2%11%7.7%
Rank within sector280 / 514----
Quartile3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high105.6
52 week low95.3
Current bid price-
Current offer price105.8
Current mid price-
Region
1International77.3%
2Money Market22.7%
Industry sector
1Industrials28.8%
2Mortgage & Secured Bonds23.5%
3Money Market22.7%
4Financials17.8%
5Utilities3.1%
6Government Agency Bonds2.6%
7Government Bonds1.5%
Asset type
1Global High Yield Fixed Interest77.3%
2Money Market22.7%
Individual holdings
No data available.
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 Total Return Credit Investment Fund, which gains its exposure through the M&G Total Return Credit Investment Fund. That fund aims to maximise total return through prudent investment management. It aims to provide investors with attractive returns from capital and income from a diversified pool of debt and debt like assets, including but not limited to, debt instruments with a fixed, variable or floating rate coupon. The fund will identify opportunities at the market, sector, issuer or security level. There is no geographic limitation to the investment universe.
Benchmark
  • LIBOR GBP 1 Month
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Richard Ryan02/07/2015Richard Ryan joined M&G in 2001 as a fund manager in the fixed income team, managing a range of institutional corporate bond funds. He has responsibility for a number of M&G's sterling credit portfolios as well as its globally focused total return credit portfolios. Prior to joining M&G, Richard worked for Nomura Asset Management as an institutional fund manager with specific responsibility for global government and corporate bond portfolios. Before this, he worked for Dresdner Kleinwort Benson in the Credit Products Group trading sterling-denominated corporate bonds. Richard graduated from Southampton University with a degree in economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru M&G Total Return Credit Investment 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 price105.8
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCUK
Data provided by

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