Through our International Prudence Bond (IPB) your clients can choose to invest in the PAC With-Profits Range of Funds, the PruFund Range of Funds or the Risk Managed Active Range.
Access to the Prudential PAC Sterling, PAC Euro and PAC US Dollar With-Profits Funds is no longer available to new customers investing in International Prudence Bond (IPB) post 11/09/2017.
However, if you have an existing customer pre 11/09/2017, they will still be able to top up or switch into the Prudential With-Profits PAC Sterling, PAC Euro and PAC US Dollar Funds.
It is important to note we are not closing the Prudential With-Profits Fund. The underlying fund and ongoing management of the fund will remain the same and access will continue to be available to the With-Profits Fund through the PruFund range of funds.
Reference to With-Profits on this page is only applicable to policyholders pre 11/09/17.
These documents are provided for the products listed below and the funds that are available to new investors through these products.
There are changes to the regulations that outline what should be included in these documents. These changes should be in place from the 1 January 2023. Unfortunately some portfolio transaction cost information from some fund managers has, so far, not been provided to us.
Where this is the case we’re still showing the portfolio transaction cost figure the fund manager provided to us before the regulations changed. The new calculation approach may produce a figure that is higher than the one we are showing. We’re working with the fund manager to get this information as quickly as possible.