PAC With-Profits Funds

Important Information

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 are an existing customer pre 11/09/2017, you 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.

If you are in any doubt about this product please speak to your Financial Adviser.

Reference to With-Profits on this page is only applicable to policyholders pre 11/09/17.

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