understanding interactive fund factsheets

7/28/2019 Understanding Interactive Fund Factsheets

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We have linked in with a leading provider of fund data

services, Funds Library to supply you with a broad

range of informative statistics and fund analysis tools.

As part of that service, we provide fund factsheets in

two formats.

PDF a summary of the important fund facts

Interactive allows you to choose sections ofcontent and perform tasks such as

expanding and adding data.

We aim to make this service as user-friendly

as possible and have designed this Guide to

understanding interactive fund factsheets to

make sure that you get the most from them.

However, if there is any terminology included in

this document or the tools it relates to which you

dont understand, please refer to the glossary on

http://www.pru.co.uk/guides_tools/glossary

or contact your adviser.

Understanding interactive

fund factsheets

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interactive PDF fle which

allows you to navigate

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the links.

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Contents

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How to access the

interactive factsheet 2

Essentials 3

Background data 13

Performance 17

Portfolio analysis 6
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Using Prudentials online fund information tool, you will have alreadyarrived at the fund that you wish to research. (www.pru.co.uk/funds). For

more details on the fund information tool, please see the separate guide

(Ref INVT11530).

To access the fund factsheet (1), simply click on

the fund name or select the icon in the Interactive

Factsheet column (2).

How to access the interactive factsheet

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The rst tab youll see is a summary of key fund information.

To get more in-depth facts and gures, you can click through each of the

tabs at the top of the page.

This shows the performance of your selected fund

over 5 years compared to a relevant investment

sector average.

> if your fund has not been running for 5 years,

performance will be shown to the nearest

full year.

> performance will only be shown when the

fund is a year old.

This is the key to refer to when looking at the

performance chart.

This table shows performance to the month end

over each of the last 5 years of the fund, along with

its investment sector.

It also includes

> the funds ranking within the sector e.g.

11/103 means that out of 103 funds in the same

investment sector, this fund comes 11th in terms

of performance over the time period shown.

> the funds quartile ranking this is a statistical

term which describes the division of fund

performance in to 4 quartiles within a fund

sector. e.g if a fund is 1st quartile it is in the top

25% of funds in the sector for performance.

Essentials

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Essentials (continued)

This table shows annualised performance to the

month end (over different time periods) of the fund

and its investment sector.

A simple explanation of how the fund is managed

and the types of investments that it holds.

Details of the manager who runs the funds

investments.

An at-a-glance view of some of the funds

background information.

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This table shows the biggest investments that

the fund holds, and how much of the fund they

make up.

A table that gives an overview of the investments

held in the fund. The information shown varies from

fund to fund, but will be broken down by countries,

industries or types of investments.

Details of how the information in this factsheet has

been sourced and how it should be used.

Points to note

If Funds Library have been unable to source data

for a specic fund, they will show this within the

Managed Funds category.

Essentials (continued)

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1. Asset Allocation

A pie chart and table that gives an overview of

investments held in the fund. The information shown

varies from fund to fund depending on the type of

investment it holds.

If the fund is a fund of funds (a portfolio of other

investment funds rather than investing directly in shares,

bonds or other securities) then the high level view will be

shown, as well as the aggregated view across all of the

underlying funds.

Portfolio Analysis

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2. Sector Allocation

A breakdown of the The Industry Classication

Benchmark (ICB) sectors.

(2a) A Help pop up section also provides this

information: The ICB is an industry classication system

developed by FTSE. It is used to segregate markets into

economic sectors. The ICB uses a system of 10 industries,

partitioned into 19 supersectors, which are further divided

into 41 sectors, which then contain 114 subsectors.

Portfolio Analysis (continued)

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3. Interactive Sector Breakdown

You can drill down the ICB sectors further by clicking

the arrows.


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4. ABI/IMA Sector Allocation

A pie chart and table of the areas in which the fund

invests.

The ABI (for life and pension funds) and the IMA

(for Unit Trust and OEIC funds) use a system of sectors

to classify funds. Every sector sets clear criteria that must

be followed by funds wishing to belong to that sector.

It ensures that funds operating similar investment

strategies are grouped together.

5. Regional Allocation

A pie chart and table of the geographical areas in which

the fund invests.


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6. Interactive Regional Allocation

You can further drill down the geographical investment

area of this fund by clicking the arrows.

7. Fixed Interest Analysis

Maturity Prole

A bar chart showing the

> lifetime (in years) of the bond investment

portion of the fund.

> the breakdown in percentage terms of the bondportion of the fund.

8. Fixed Interest Analysis

Quality Prole

A bar chart showing the

> credit rating of the bond investment portion of the

fund.

> the breakdown in percentage terms of the bond

portion of the fund.

Credit Rating is the formal evaluation of a companys loan

repayment history and current ability to repay its nancial

liabilities. AAA is the highest rating.


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9. Standard Top 10 Holdings

This table shows the biggest investments that the fund

holds, and how much of the fund they make up.

If the fund is a fund of funds (a portfolio of other

investment funds rather than investing directly in shares,

bonds or other securities) then the summary of the

underlying funds is shown.

10. Top 10 X-Ray

This table will only show on a fund of funds. It detailsthe aggregated view across all of the underlying funds.


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11. X-Ray Dual Aspect Analysis

This table details the % of the fund that is invested in

ICB Industry sectors along with the proportion in various

asset classes.

12. Currency Allocation

A pie chart and table showing the different currencies in

which the fund invests.

Other elds which you may see, depending on the

investments within the fund.


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1. Identication Codes

Sedol code

a 7 digit identication code issued by the

London Stock Exchange.

Mex code

an ID code issued by Financial Times (FT).

ISIN code

an ID code issued by the London Stock Exchange (or

Irish Stock Exchange for Prudential International Funds).

Citi code

an I.D. code issued by Financial Express (FE).

2. Charges

Any fund specic charges will be shown here.

Annual Management Charge (AMC)

a charge made over the year by fund managers and

product provides to cover the expenses associated

with running the fund and administering insurance and

pension products. Although it is expressed as an annual

percentage gure it is usually taken from the fund daily.

Initial Charge

charge made by an investment provider to cover the cost

of setting up an investment. The amount invested is the

amount contributed less the initial charge.

Background data

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3. Distribution details (for Distribution funds only)

Income Frequency

How often the income is paid out.

Distribution Type

How the income is paid out.

Distribution Payment Basis

> Net means that UK tax has been paid before the

income was paid out.

> Gross means that tax still has to be paid on the

income payment.

4. Ratings

Any of the following ratings may be shown.

OBSR

OBSR provides Fund Ratings which are based on a

qualitative research process.

Financial Express Crown Fund Ratings

Are a quantitative measure based on historical

performance and are ranked within their own sectors.

Background data (continued)

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5. Aims & Benchmark

Benchmark

A tool with which to measure a funds performance

often a market Index or model portfolio.

ABI/IMA Sector

The ABI (for life and pension funds) and the IMA (for

Unit Trust and OEIC funds) use a system of sectors to

classify funds. Every sector sets clear criteria that must

be followed by funds wishing to belong to that sector.

It ensures that funds operating similar investmentstrategies are grouped together.

Aims

A simple explanation of how the fund is managed and

the types of investments that it holds.

6. Fund Background

May include any of the following elds:

> Valuation point (when the funds price is calculated)

> Fund type

> Launch date

> Launch price

> Fund currency

> Fund domicile (the funds home country)


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7. Dealing

Pricing Basis

Forward If a fund is forward priced, it means that

the fund gets the next available price after monies are

invested.

Historic If a fund is historically priced, it means that

the unit price is set before money is invested.


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This shows the performance of your selected fund

over 5 years compared to a relevant investment

sector average.

> if your fund has not been running for 5 years,

performance will be shown to the nearest

full year.

> performance will only be shown when the

fund is a year old.

You have the option to change the time period by

either using a (2a)the slider bars to select your owntime period or (2b) you can choose from the drop

down menu.

This is the key to refer to when looking at the

performance chart.

Performance

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This link takes you to a tool which allows you to chart your fund againstother funds, benchmarks or industry indices.

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If you would like to see the performance of other

funds or instruments, you can select from the universe

of funds held in the Financial Express database.

You can then narrow this selection down by

choosing a particular investment manager or

investment sector.

Your selection will result in a list in this drop down

box, which you can then choose to add to the graph.

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To get the historical daily fund price choose a fund

from the drop down box at point 3 then click on Get

price. You will then need to select the date you want

the price at from the pop up box.

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This table shows performance to the month end

over each of the last 5 years of the fund, along with

its investment sector. It also includes

> the funds ranking within the sector.

e.g. 11/103 means that out of 103 funds in the

same investment sector, this fund comes 11th in

terms of performance over the time period shown.

> Quartile ranking

This is a statistical term which describes the

division of fund performance in to 4 quartileswithin a fund sector.

e.g if a fund is 1st quartile it is in the top 25% of

funds in the sector for performance.

This table shows annualised performance to the

month end over different time periods of the fund

and its investment sector.

Any additional fund choices you make will appear

underneath the default fund performance tables.


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Prudential is a trading name of The Prudential Assurance Company Limited (which is also used by ot her companies within the Prudential Group). The Prudential Assurance Company Limited is registered in England and Wales.Registered Ofce at Laurence Pountney Hill, London EC4R 0HH. Registered number 15454. IN

VT1153112/2012

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