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-4.51  /  -0.7%


NAV on 2019/05/22
NAV on 2019/05/21 652.01
52 week high on 2018/09/04 683.02
52 week low on 2019/01/02 604.82
Total Expense Ratio on 2019/03/31 1.68
Total Expense Ratio (performance fee) on 2019/03/31 0
NAV Incl Dividends
1 month change -3.69% -3.69%
3 month change 0.98% 0.98%
6 month change 5.22% 6.84%
1 year change -1.41% 1.62%
5 year change 3.8% 6.6%
10 year change 8.86% 11.89%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 2799.89 12.23%
Consumer Goods 1256.23 5.49%
Consumer Services 1071.24 4.68%
Derivatives 63.05 0.28%
Financials 4159.41 18.17%
Fixed Interest 1775.98 7.76%
Gilts 2889.85 12.63%
Health Care 38.81 0.17%
Industrials 465.13 2.03%
Liquid Assets 2.49 0.01%
Money Market 232.60 1.02%
Spec Equity 223.55 0.98%
Technology 1427.49 6.24%
Telecommunications 445.89 1.95%
Offshore 6035.20 26.37%
  • Top five holdings
PRUWRLDMANG 4531.22 19.8%
PRUWRLDSTMANA 1503.93 6.57%
 NASPERS-N 1379.50 6.03%
 SASOL 902.89 3.94%
U-PRUCOB 882.97 3.86%
  • Performance against peers
  • Fund data  
Management company:
Prudential Portfolio Managers Unit Trusts Ltd.
Formation date:
ISIN code:
Short name:
South African--Multi Asset--High Equity
ASISA South African - Multi Asset - High Equity Category Average
Contact details




  • Fund management  
David Knee
David joined Prudential Portfolio Managers SA, as Head of Fixed Income in January 2009.  Prior to Prudential, he was the senior fixed interest portfolio manager in the London office of M&G Investments.  David worked at Prudential in South Africa in 1999 and 2000, and was responsible for establishing our current fixed interest process. Before joining M&G, David worked for Hill Samuel Asset Management as a fixed income fund manager, managing both life and pension funds for a variety of clients. David graduated from the London School of Economics with a BSc in Economics and from Birkbeck College with an MSc in Economics. He is an Associate of the Institute of Investment Management and Research.
Michael Moyle
Michael is Head of Real Return at Prudential Investment Managers, with 19 years’ experience. He is co-Portfolio Manager of four Prudential unit trust funds, and has won several Raging Bull & Morningstar Awards. Michael is primarily responsible for helping determine asset allocation in our multi-asset funds and institutional mandates.
Johny Lambridis
Johny, a qualified actuary, has worked in the In vestment industry since 1997. He joined Prudential in 2013 as Portfolio Manager and Equity Analyst, focusing on Insurance and Financial Services companies.
Duncan Schwulst
With eleven years’ experience, Duncan is co-manager of two other Prudential funds. He is also responsible for equity analysis of the listed property companies and credit analysis of property company debt issuers.

  • Fund manager's comment

Prudential Balanced comment - Dec 15

2016/03/15 00:00:00
The FTSE/JSE All Share (ALSI) declined 1.7% on a total return basis in December 2015. The All Bond Index declined 6.7% and the Inflation- Linked Bond Index declined 1.8%. The SA Listed Property Index declined 6.1% for the month. Cash returned 0.5%
The Rand weakened 6.9% against the US Dollar and 9.5% against the Euro in December 2015. The MSCI World index declined 1.7% on a total return basis in US Dollar terms for the month.
The Fund realised a total return of -1.2% for the month. The key detractors from performance this month came from the Fund's positions in SA equity (excluding property) and SA bonds (excluding inflation-linked bonds). This brings the one year performance of the Fund to 8.4% (after fees).
  • Fund focus and objective  
The Prudential Balanced Fund conforms to the regulations governing retirement fund investments.
The fund aims to achieve steady growth of capital and income through global asset allocation and superior stock selection across all industry sectors.
Who should invest?
Those investors seeking a suitable vehicle for retirement provision and those investors wishing to tilt their portfolio to value with minimised risk exposure.
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