| PIA PruFund Risk Managed 1 | |
|---|---|
| Previous objective | Updated objective |
The fund aims to achieve long-term total return (the combination of income and growth of capital). The fund is actively managed and aims to limit the fluctuations ('volatility') your investment experiences, after allowing for smoothing, to 9% per annum over the medium to long-term. There is no guarantee that the fund will achieve its objective of managing the volatility to the target level. |
The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes UK and international equities, property, fixed interest securities, index-linked securities and other specialist investments. The fund is actively managed and aims to limit the fluctuations ('volatility') the fund experiences, to 9% per annum (before smoothing). There is no guarantee that the fund will achieve its objective of managing the volatility below this limit. |
| PIA PruFund Risk Managed 2 | |
| Previous objective | Updated objective |
The fund aims to achieve long-term total return (the combination of income and growth of capital). The fund is actively managed and aims to limit the fluctuations ('volatility') your investment experiences, after allowing for smoothing, to 10% per annum over the medium to long-term. There is no guarantee that the fund will achieve its objective of managing the volatility to the target level. |
The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes UK and international equities, property, fixed interest securities, index-linked securities and other specialist investments. The fund is actively managed and aims to limit the fluctuations ('volatility') the fund experiences, to 10% per annum (before smoothing). There is no guarantee that the fund will achieve its objective of managing the volatility below this limit. |
| PIA PruFund Risk Managed 3 | |
| Previous objective | Updated objective |
The fund aims to achieve long-term total return (the combination of income and growth of capital). The fund is actively managed and aims to limit the fluctuations ('volatility') your investment experiences, after allowing for smoothing, to 12% per annum over the medium to long-term. There is no guarantee that the fund will achieve its objective of managing the volatility to the target level. |
The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes UK and international equities, property, fixed interest securities, index-linked securities and other specialist investments. The fund is actively managed and aims to limit the fluctuations ('volatility') the fund experiences, to 12% per annum (before smoothing). There is no guarantee that the fund will achieve its objective of managing the volatility below this limit. |
| PIA PruFund Risk Managed 4 | |
| Previous objective | Updated objective |
The fund aims to achieve long-term total return (the combination of income and growth of capital). The fund is actively managed and aims to limit the fluctuations ('volatility') your investment experiences, after allowing for smoothing, to 14.5% per annum over the medium to long-term. There is no guarantee that the fund will achieve its objective of managing the volatility to the target level. |
The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes UK and international equities, property, fixed interest securities, index-linked securities and other specialist investments. The fund is actively managed and aims to limit the fluctuations ('volatility') the fund experiences, to 14.5% per annum (before smoothing). There is no guarantee that the fund will achieve its objective of managing the volatility below this limit. |
| PIA PruFund Risk Managed 5 | |
| Previous objective | Updated objective |
The fund aims to achieve long-term total return (the combination of income and growth of capital). The fund is actively managed and aims to limit the fluctuations ('volatility') your investment experiences, after allowing for smoothing, to 17% per annum over the medium to long-term. There is no guarantee that the fund will achieve its objective of managing the volatility to the target level. |
The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes UK and international equities, property, fixed interest securities, index-linked securities and other specialist investments. The fund is actively managed and aims to limit the fluctuations ('volatility') the fund experiences, to 17% per annum (before smoothing). There is no guarantee that the fund will achieve its objective of managing the volatility below this limit. |
Prudential International Investment fund updates and key information
Our Prudential International funds are always potentially subject to changes, and we want to keep you up-to-date with what's happening. You'll find information on recent changes to Prudential International funds below.
We'd recommend that you visit this page for information if you are considering your investment choice. This page is for information purposes only. Please speak to your financial adviser if you require any more information.
We offer a range of funds you can invest in. You can find the relevant Key Information and Investment Option documents for each fund here.
For more information about our available fund range, please read our client fund guides:
PIA International Unit linked Fund Guide
PIA International Investment Bond and International Prudence Bond Fund Guide
Following a review we have made some changes to the objectives of the PIA PruFund Risk Managed Funds to aid consistency. The changes are to wording only, the investment strategy and operation of the funds remains unchanged.
What changed?
The table below shows the details of the changes:
Following a review we have made some changes to the objective of the PIA PruFund Growth Fund to aid consistency with other PruFunds.
The changes are to wording only, the actual investment strategy and operation of the funds remain unchanged.
What changed?
The table below shows the details of the changes:
| Previous objective | Updated objective |
|---|---|
The fund aims to maximise growth over the medium to long-term by investing in shares, property, fixed interest and other investments. The fund currently invests in UK and international equities, property, fixed interest securities, index-linked securities and other specialist investments. |
The fund aims to produce growth over the medium to long-term (5 to 10 years or more) while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes UK and international equities, property, fixed interest securities, index-linked securities and other specialist investments. |
Following a review we have made some changes to the objective of the PIA PruFund Cautious Fund to aid consistency with other PruFunds.
The changes are to wording only, the actual investment strategy and operation of the funds remain unchanged.
What changed?
The table below shows the details of the changes:
| Previous objective | Updated objective |
|---|---|
The fund aims for steady and consistent growth over the medium to long term (5 to 10 years or more) through a cautious approach to investing. The fund invests in UK and international equities, property, fixed interest securities, index-linked securities, cash and other specialist investments. The fund will aim to invest 50-75% in fixed interest securities, index-linked securities and cash, although we may occasionally move outside this range to meet the fund objectives. |
The fund aims to produce growth over the medium to long term (5 to 10 years or more) using a cautious approach to investing while smoothing some of the ups and downs of short-term investment performance. The fund spreads investment risk by investing in a range of different asset types, which currently includes UK and international equities, property, fixed interest securities, index-linked securities, cash and other specialist investments. The cautious approach to investment means the fund aims to invest 50-75% in fixed interest securities, index-linked securities and cash, although we may occasionally move outside this range to meet the fund objectives. |
We have suspended transactions on the property fund that we offer. The fund was suspended from 11 am on 20th October 2023.
The affected fund is shown in the table below. For more information, please go to our information page.
| Name of suspended property fund |
|---|
| PIA Ser B M&G Property Fund |
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"Prudential" is a trading name of Prudential Distribution Limited. Prudential Distribution Limited is registered in Scotland. Registered Office at 5 Central Way, Kildean Business Park, Stirling, FK8 1FT. Registered number SC212640. Authorised and regulated by the Financial Conduct Authority. Prudential Distribution Limited is part of the same corporate group as the Prudential Assurance Company Limited. The Prudential Assurance Company Limited and Prudential Distribution Limited are direct/indirect subsidiaries of M&G plc which is a holding company registered in England and Wales with registered number 11444019 and registered office at 10 Fenchurch Avenue, London EC3M 5AG, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority. These companies are 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.