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PAC With-Profits Funds

Important Information

Access to the Prudential PAC Sterling, Euro, and US Dollar With-Profits Funds is no longer available to new International Prudence Bond (IPB) customers from 11 September 2017 onward.

 

However, existing customers (before 11 September 2017) can still top up or switch into these funds. It is important to note we are not closing the Prudential With-Profits Fund; it remains accessible via the PruFund Range of Funds.

 

If you're unsure about your options, please speak to your Financial Adviser.

When you invest in these funds your investment is reinsured into the PAC With-Profits Fund. We combine your savings with those of other investors so you benefit from a better spread of assets than you could achieve by investing on your own.

To give further reassurance, these funds also aim to smooth the peaks and troughs of investment performance by using a system of bonuses in order to provide a more stable investment return.

These funds also benefit from the following:

  • You can buy funds in Euro, Sterling or US Dollars, which could be useful if you decide to move abroad in future

  • There's a minimum allocation rate of 100%, so all of your money goes directly into your investment. In addition, if you invest more than £75,000 we'll add 0.5% of the bond value and if you invest over £150,000, we'll give you 1.5% of the bond value

  • An Annual Growth Reward - which enhances the growth potential of your investment by adding an extra 0.1% of the bond value from the end of year one, where no regular or partial withdrawals are made

  • You can start your investment with £20,000, €25,000 or $35,000 and can top up from £15,000, €20,000 or $25,000

  • You can access your investment when you need to, potentially subject to charges

  • You can make 20 free switches in any 12-month rolling period

The value of your investment can go down as well as up so you might not get back the amount you put in.

Further information

For more information on the PAC With-Profits Range of funds, please see the following documents or speak to your financial adviser.

Key Information Documents

 

Ⓒ Prudential International

The registered office of Prudential International is in Ireland at Fitzwilliam Court, Leeson Cl, Dublin 2, D02 YW24. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.