Fact sheet: Pru Schroder Dyn Ml Ass Pn

Fund information
Fund name
Pru Schroder Dynamic Multi Asset Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Remi Olu Pitansince 30/09/2014
  • Johanna Kyrklundsince 30/09/2014
Underlying fund
Schroder Life Dyn Ml Ass
Fund objective
The investment strategy of the fund is to purchase units in the Schroder Life Dynamic Multi Asset Fund. That fund invests 100% in the Schroder Dynamic Multi Asset Fund. The fund's investment objective is to deliver positive returns over a market cycle based on long-term capital growth and income through investment in collective investment schemes as well as directly held transferable securities, derivatives, cash, deposits, warrants and money market instruments. The fund may gain exposure to alternative asset classes including but not limited to property, commodities, hedge funds and private equity directly where permitted or through investment in transferable securities and other permitted assets which themselves invest in these asset classes.
Benchmark
  • CPI +4% gross of fees
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.5%
1 Year rank in sector
310/515
Sector
PN Specialist
Yield
-
Fund size
£4m (£0m 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.
41
Offer price
106.9
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus98.4%
ReAssure AL NptRu&GtrRus Pn97%
L&G Nep Russia&Gtr Russia Pn94.7%
OMW InvescoPerpetualEmgEurpn83.1%
Scot Eq JPM Emg Eur Eq Pn65.4%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities45.6%
    Money Market13.1%
    High Yield Bond8.6%
    Hedge8.5%
    Investment Grade Bonds7.7%
  • Others72.2%
    Global Fixed Interest11.2%
    International Equities7.9%
    Money Market5.5%
    Global Short Maturity Fixed Interest3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%0.8%2.5%10.5%--
Sector0.8%0.4%4.2%16.1%21.5%42.5%
Rank within sector480 / 546164 / 542295 / 539310 / 515--
Quartile4th2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.2%7.5%-0.8%--
Sector0.3%11.6%2%7.2%11%
Rank within sector415 / 546294 / 510369 / 446--
Quartile4th3rd4th
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 high107.9
52 week low94.5
Current bid price-
Current offer price106.9
Current mid price-
Region
No data available.
Industry sector
1Equities45.6%
2Money Market13.1%
3High Yield Bond8.6%
4Hedge8.5%
5Investment Grade Bonds7.7%
6Debt6.7%
7Commodity & Energy3.5%
8Index Linked2.7%
9Government Bonds2.2%
Asset type
1Others72.24%
2Global Fixed Interest11.16%
3International Equities7.92%
4Money Market5.52%
5Global Short Maturity Fixed Interest3.7%
6Alternative Investment Strategies-0.54%
Individual holdings
1SCHRODER STERLING LIQUIDITY PLUS I ACC19.31%
2SCHRODER OFFSHORE CASH A9.87%
3SCHRODER QEP GLOBAL CORE X ACC9.41%
4SCHRODER UNIT TRUST LTD ADVANCED BETA GLOBAL EQ VALUE FD X ACC9.32%
5SCHRODER ISF GLOBAL HIGH YIELD I HEDGED ACC NAV GBP8.65%
6SCHRODER ISF GLOBAL CORPORATE BOND I ACC NAV USD7.7%
7SSGA SPDR BARCLAYS EMERGING MARKETS LOCAL BOND UCITS ETF USD6.78%
8SSGA SPDR BARCLAYS EMERGING MARKETS LOCAL BOND UCITS ETF USD6.78%
9TREASURY 0% TSY BILL 20/03/17 GBP14.41%
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 Schroder Life Dynamic Multi Asset Fund. That fund invests 100% in the Schroder Dynamic Multi Asset Fund. The fund's investment objective is to deliver positive returns over a market cycle based on long-term capital growth and income through investment in collective investment schemes as well as directly held transferable securities, derivatives, cash, deposits, warrants and money market instruments. The fund may gain exposure to alternative asset classes including but not limited to property, commodities, hedge funds and private equity directly where permitted or through investment in transferable securities and other permitted assets which themselves invest in these asset classes.
Benchmark
  • CPI +4% gross of fees
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Remi Olu Pitan30/09/2014Remi Ajewole is Fund Manager of UK Multi Asset portfolios including the Dynamic Multi-Asset Fund. She is a member of the Strategic Investment Group Multi-Asset (SIGMA), specializing in Equity and Volatility research. Her investment career commenced in 2006 upon joining Schroders. She is a Chartered Financial Analyst. She holds a Master's degree in Statistics from the London School of Economics and a Bachelor's degree in Business Finance, Durham University.
Johanna Kyrklund30/09/2014Johanna Kyrklund, Head of Multi-Asset Investments, joined Schroders in March 2007. Responsible for investment on behalf of all UK, European and US Multi Asset clients, member of Global Asset Allocation Committee, fund manager of the Schroder Diversified Growth funds. Prior to joining Schroders, Johanna specialised in tactical asset allocation strategies. From 2005 she worked at Insight Investment where she managed an unconstrained global macro absolute return fund. From 1997 to 2005 she worked at Deutsche Asset Management where she was Head of Asset Allocation in the UK and fund manager of the Deutsche tactical asset allocation fund. Johanna has a degree in Philosophy, Politics & Economics from Oxford University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Schroder Dynamic Multi Asset 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 price106.9
Mid price-
CurrencyGBX
Price updated20/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZ5A
Data provided by

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