Fact sheet: Pru Threadneedle Prop Pn

Fund information
Fund name
Pru Threadneedle Property Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Nathan Hargreavessince 31/03/2013
  • James Riggsince 20/02/2008
Underlying fund
Threadneedle Property
Fund objective
The investment strategy of the fund is to purchase units in the Threadneedle Pensions Property Fund. That fund aims to invest primarily in direct UK commercial property. It aims to generate total returns (from income and capital appreciation) that are above its benchmark, over rolling 3 year periods.
Benchmark
  • All Balanced Property Fund component of the AREF / IPD UK Quarterly Property Fund Index
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
-3.1%
1 Year rank in sector
98/159
Sector
PN UK Direct Property
Yield
-
Fund size
£0m (£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
Bid price
147.3
Top in this sector
Fund name1 Year
Guardian Property Pn11.6%
Guardian Choices Property Pn11.6%
OMW IPL Aviva Lm Prp Pn8.9%
FL Property AP5.7%
FL GM Property Pension5.3%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • South East UK51.3%
    International48.7%
  • Offices - Property33.8%
    Industrials26.8%
    Warehouse - Property19.7%
    Retail15.3%
    Miscellaneous4.4%
  • Property100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1.7%-7.4%-3.1%33.7%46.9%
Sector0.2%2.7%-2.6%-0.9%25.1%33.5%
Rank within sector57 / 161105 / 160153 / 15998 / 15926 / 15424 / 149
Quartile2nd3rd4th3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-4.2%14%19.7%10%1.7%
Sector-1.8%9.7%14.3%6.9%1%
Rank within sector111 / 15922 / 1587 / 15427 / 15244 / 149
Quartile3rd1st1st1st2nd
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.
1.99
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.
1.06
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.
1.4
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%.
4.96
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.
3.36
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.
0.72
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.
0.55
Price movement
52 week high159.6
52 week low144.9
Current bid price147.3
Current offer price-
Current mid price-
Region
1South East UK51.3%
2International48.7%
Industry sector
1Offices - Property33.8%
2Industrials26.8%
3Warehouse - Property19.7%
4Retail15.3%
5Miscellaneous4.4%
Asset type
1Property100%
Individual holdings
1COVENTRY. SKYDOME2%
2LONDON W1, 46 FOLEY STREET2%
3YORK, FOSS ISLANDS RETAIL PARK1.8%
4CROYDON, 19 COMMERCE WAY1.6%
5LONDON W14, AVON HOUSE1.6%
6LONDON SW1, WARWICK HOUSE1.5%
7REDHILL, RED CENTRAL1.5%
8SELBY, THREE LAKES RETAIL PARK1.5%
9ST ALBANS, ABBEY VIEW1.4%
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 Threadneedle Pensions Property Fund. That fund aims to invest primarily in direct UK commercial property. It aims to generate total returns (from income and capital appreciation) that are above its benchmark, over rolling 3 year periods.
Benchmark
  • All Balanced Property Fund component of the AREF / IPD UK Quarterly Property Fund Index
Investment style
No data available.
Investment method
Physical
Fund managers
NameSinceBiography
Nathan Hargreaves31/03/2013Nathan Hargreaves joined Threadneedle in 2005 as an Investment Surveyor. Since January 2009 he has been the deputy fund manager of the Threadneedle Pensions Property Fund, focusing on fund strategy and the sale and acquisition of property investment stock. Nathan has gained a broad range of property experience, starting off as a Building Surveyor, moving into the occupational agency, before specialising in commercial property investment.
James Rigg20/02/2008James began his career working for Jones Lang Wootton (now Jones Lang LaSalle) in September 1990. He moved to Nikko Securities in June 1994. James graduated from Exeter University with a BA (Hons) in Philosophy and also received a Post Graduate Diploma in Estate Management from Southbank University. He is also a member of the RICS.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Threadneedle Property 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 price147.3
Offer price-
Mid price-
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8N5
Pru Threadneedle Property 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 price141.69
Offer price-
Mid price-
CurrencyGBX
Price updated30/11/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeM8MQ
Data provided by

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