Fact sheet: Pru Pooled Abst Return Pn

Fund information
Fund name
Pru Pooled Absolute Return Pn
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund manager
  • Martin Brookessince 28/02/2005
No data available.
Fund objective
The fund invests, primarily via other M&G PP funds, in a diversified mix of UK and overseas shares, bonds, property, cash and alternative assets. Active asset allocation decisions are based on the fund manager’s view of the attractiveness of current market valuations compared to expected long-run returns for each asset class. The fund’s target is to give a return of 5% p.a. above the rate of inflation over a rolling 5-year period.
Benchmark
  • UK Consumer Price Index +5%
Investment style
Absolute Return
Investment method
No data available.
Quick stats
1 Year return
23.7%
1 Year rank in sector
152/514
Sector
PN Specialist
Yield
-
Fund size
£99m (£172m 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.
55
Bid price
24.23
Offer price
24.51
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus91.2%
ReAssure AL NptRu&GtrRus Pn90.1%
L&G Nep Russia&Gtr Russia Pn88.4%
OMW InvescoPerpetualEmgEurpn76.4%
Scot Eq JPM Emg Eur Eq Pn69.2%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • Not Specified36.5%
    UK26.4%
    Europe13.3%
    Pacific ex-Japan8.3%
    North America7.1%
  • No data available.
  • Global Fixed Interest31.6%
    UK Equities13.6%
    European Equities13.3%
    UK Property12.8%
    Asia Pacific ex Japan Equities8.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%4.5%12%23.7%28.1%57.6%
Sector2.6%1.8%5.9%16.2%22.2%45%
Rank within sector238 / 54664 / 54279 / 539152 / 514149 / 386119 / 317
Quartile2nd1st1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.5%16.7%2.3%6.3%11.3%
Sector1.3%11.6%2%7.2%11%
Rank within sector125 / 546160 / 510154 / 446176 / 384137 / 357
Quartile1st2nd2nd2nd2nd
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.
1.86
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.
0.92
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.
0.79
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%.
6.04
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.
2.35
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.
0.55
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.
0.85
Price movement
52 week high24.22
52 week low18.84
Current bid price24.23
Current offer price24.51
Current mid price-
Region
1Not Specified36.5%
2UK26.4%
3Europe13.3%
4Pacific ex-Japan8.3%
5North America7.1%
6Japan6%
7Global Emerging Markets2.1%
8International1.2%
9Money Market-0.9%
Industry sector
No data available.
Asset type
1Global Fixed Interest31.6%
2UK Equities13.6%
3European Equities13.3%
4UK Property12.8%
5Asia Pacific ex Japan Equities8.3%
6North American Equities7.1%
7Japanese Equities6%
8Others5.5%
9Private Equity2.7%
Individual holdings
No data available.
Management
Fund manager group
Prudential
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund objective
The fund invests, primarily via other M&G PP funds, in a diversified mix of UK and overseas shares, bonds, property, cash and alternative assets. Active asset allocation decisions are based on the fund manager’s view of the attractiveness of current market valuations compared to expected long-run returns for each asset class. The fund’s target is to give a return of 5% p.a. above the rate of inflation over a rolling 5-year period.
Benchmark
  • UK Consumer Price Index +5%
Investment style
Absolute Return
Investment method
No data available.
Fund manager
NameSinceBiography
Martin Brookes28/02/2005Martin is a Director of Portfolio Management and a member of the Portfolio Management Group (PMG), which is a team of 16 people including 12 investment professionals responsible for the day-to-day management of Prudential insurance funds. He is head of the Portfolio Management team. He has over 20 years investment management experience and holds a BA and MA in Politics, Philosophy and Economics from Oxford University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Pooled Absolute Return Pn
Initial charge-
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price24.23
Offer price24.51
Mid price-
CurrencyGBP
Price updated13/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeXH93
Data provided by

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