PruFund range of funds guide (2024)

FAQs

What is an introduction to the PruFund range of funds? ›

PruFunds are long-term investments (at least 5-10 years). Their approach relies on assessing the long-term potential returns from a broad range of asset classes and seeks to deliver relatively stable returns across a range of market environments.

The PruFund Value assessment only considers the value offered by the investment itself and not the value offered by the products or services in which the investment is held.

The top performer was Pru Discretionary S3, a large-cap UK-biased strategy that made 84.9% and is managed by the former Prudential Portfolio Management Group, now M&G Treasury & Investment Office.

PruFund is designed to be a medium to long term investment (over 5 years) and over this time period PruFund has delivered consistent returns comparative to other multi-asset funds.

When you invest in one or more of our PruFund funds, your money will be put in a 'holding account' where it will stay until the next PruFund investment date. There is a PruFund Account (holding account) for each fund in the PruFund range of funds.

What Was the Reason for the Reduction? The performance of the PruFund is supported by the underlying investments of the fund that drives returns and put simply, the performance of the underlying assets over the last quarter did not support the rates of return on the smoothed fund.

PruFund aims to be more transparent. Each fund has an expected growth rate (EGR), which is applied to the fund each day. Should rises or falls in the underlying portfolio value be significantly higher or lower than the EGR, a unit price adjustment kicks in.

In the pension, PruFund Growths EGR is 7.7% pa and Cautious is 7.0% (up from 7.3% and 6.3% respectively).

The PruFund range of funds aim to grow an investor's money over the medium to long term (5 to 10 years or more) while protecting investors from some of the short term ups and downs of direct stockmarket investments by using an established smoothing process.

Equity mutual funds are the best option for long term investment. Based on your risk-taking capacity, investment can be made in other sub-categories within equity mutual funds, such as large cap funds, mid-cap funds, and small-cap funds.

How much is invested in PruFund? ›

Over £61bn currently invested*.

Corporate & Other reported a loss, on an adjusted operating income basis, of $656 million for the fourth quarter of 2023, compared to a loss of $525 million in the year-ago quarter.

Both Fidelity Investments and Prudential are reliable options when it comes to retirement planning. Still, Fidelity Investments is a preferred choice due to its trading commissions, account fees, and wide selection of funds.

Fees Under Prudential Financial Planning Services

Client fees are based on the value of their assets under management. In the PSP program, client fees range between 1.95% and 0.27%.

The PruFund range of funds aim to grow an investor's money over the medium to long term (5 to 10 years or more) while protecting investors from some of the short term ups and downs of direct stockmarket investments by using an established smoothing process.

The investment strategy of the fund is to provide an investment return that is consistent with a high degree of security with short-term liquidity. The fund holds a mixture of deposits and short-term bonds and securities issued by banks, the UK Government, local authorities and leading UK companies.

Our PruFund Protected Cautious Fund offers a guarantee that protects the value of your investment on the plan anniversary at the end of 10 years (also known as the Guarantee Date). It is available on our Prudential Investment Plan.

The Prudential Investment Plan is an investment bond where you can invest your money in a range of different funds that aim to increase the value of your investment over the medium- to long-term, so 5 to 10 years or more.