Prudential Balanced Fund

14 December 2019

General Information

Status Open
Fund category: Unit Trust
Management company: Prudential Portfolio Managers Unit Trusts Ltd.
Asset Manager(s): - David Knee
- Michael Moyle
- Johny Lambridis
- Duncan Schwulst
Sector South African--Multi Asset--High Equity
Benchmark ASISA South African - Multi Asset - High Equity Category Average
Launch Date 02 August 1999
Fund Value ZAR 23,200,558,166.00 as at 30 Jun 2019
Risk Rating
Low Risk  High Risk
Performance Target N/A
Status is provided by the management company. This does not provide an indication of the availability of the fund within an Old Mutual product and may differ from the status of the fund within a product. The displayed risk rating may differ from the risk rating provided by the management company, where deemed appropriate.


Fund Description

The Prudential Balanced Fund conforms to the regulations governing retirement fund investments.

The fund aims to achieve steady growth of capital and income through global asset allocation and superior stock selection across all industry sectors.

Who should invest?

Those investors seeking a suitable vehicle for retirement provision and those investors wishing to tilt their portfolio to value with minimised risk exposure.


Prices

Latest NAV/Sell Price: ZAR 642.60 11 Sep 2019
Highest NAV/Sell Price: ZAR 675.21 23 Apr 2019

Prices are those of the class available to the public through an Old Mutual product.


Price Performance


Daily Performance Figures as at 11 September 2019


Fund:
Sector:
1 Year 3 Years 5 Years
-0.81%
0.48%
4.12%
2.98%
5.65%
4.36%
Fund performance results are calculated on the NAV-to-NAV fund performance of the oldest class, net of asset management fees. Figures are calculated on a lump sum basis in the currency of the fund and are annualised. Sector performance results include reinvested income and are gross of any deductions.


Asset Management Fees

Initial Fee: N/A
Annual Fee: 1.4375
Performance Fee: N/A
Total Expense Ratio: N/A
Fees are those of the class available to the public through an Old Mutual product and include VAT. Fees are those levied when investing in the fund through an Old Mutual product and are separate from product administration charges and adviser fees. For feeder funds and funds of funds, the total annual asset management fee does not include the fees in respect of underlying unit trust charges. The annual underlying unit trust charges generally vary between 0.46% and 1.14% including VAT, depending on the fund(s) chosen.


Asset Split as at 30 June 2019

Holding Name Percentage
Foreign Cash
0.01%
Foreign Equities
26.97%
Local Bonds
17.46%
Local Cash
5.12%
Local Equities
46.16%
Local Property
4.28%



Top Holdings (out of 65) as at 30 June 2019

Holding Name Sector Percentage
PRUWRLDMANG Equities 19.57%
PRUWRLDSTMANA Equities 6.50%
NASPERS-N Software & Computer Services 6.27%
R209 Bond 5.43%
U-PRUHGIN Income 4.75%
U-PRUCOB Income 3.96%
ANGLO Mining 3.61%
STANBANK Banks 3.47%
SASOL Chemicals 3.20%
MTN GROUP Mobile Telecommunications 2.66%

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