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Prudential Inflation Plus Fund

18 August 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--Low Equity
Benchmark CPI + 5% over a rolling 3 year period
Launch Date 01 June 2001
Fund Value ZAR 32,536,160,230.00 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 primary objective of this Fund is to outperform CPI by 5% (before fees) over a rolling 3-year period. The secondary objective is to reduce the risk of capital loss over any rolling 12-month period. The Fund invests in an actively managed, diversified combination of domestic and international assets where the asset allocation is tactically managed. The intended maximum limits are Equity 40%, Listed Property 25%, Offshore 25%, plus additional 5% Africa (excl. SA). The Fund is managed to comply with regulations governing retirement fund investments (Regulation 28).

Who should Invest?
Individuals looking for a low-to medium-risk multi-asset fund. Individuals and retirees who want to protect their investment from the detrimental effects of inflation over time. The recommended investment horizon is 3 years or longer.


Prices

Latest NAV/Sell Price: ZAR 371.01 16 Aug 2019
Highest NAV/Sell Price: ZAR 389.81 03 May 2019

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


Price Performance


Daily Performance Figures as at 16 August 2019


Fund:
Sector:
1 Year 3 Years 5 Years
-0.71%
3.22%
2.59%
4.95%
5.04%
5.77%
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: 0%
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
26.23%
Local Bonds
36.84%
Local Cash
2.78%
Local Equities
21.84%
Local Property
12.29%



Top Holdings (out of 55) as at 30 June 2019

Holding Name Sector Percentage
PRUWORLDRET Equities 17.46%
U-PRUCOB Income 9.49%
PRUWSTRATRET Equities 6.47%
R202 Bond 5.26%
NASPERS-N Software & Computer Services 2.96%
I2025 Bond 2.31%
DERIVATIVB Derivatives 2.30%
MM-06MONTH Money Market 2.27%
R210 Bond 2.02%
GROWPNT Real Estate Investment Trusts 1.96%

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