Prudential Balanced Fund

20 January 2020

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
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 21,978,102,745.00 as at 30 Sep 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.


Latest NAV/Sell Price: ZAR 661.49 17 Jan 2020
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 17 January 2020

1 Year 3 Years 5 Years
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 September 2019

Holding Name Percentage
Foreign Bonds
Foreign Cash
Foreign Equities
Local Bonds
Local Cash
Local Equities
Local Property

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

Holding Name Sector Percentage
PRUWRLDMANG Equities 19.23%
PRUWRLDSTMANA Equities 7.21%
R209 Bond 5.19%
NASPERS-N Software & Computer Services 4.69%
U-PRUCOB Income 4.24%
STANBANK Banks 3.56%
BATS Tobacco 3.38%
ANGLO Mining 3.34%
U-PRUHGIN Income 3.06%
MTN GROUP Mobile Telecommunications 2.74%


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