Prudential Global High Yield Bond FoF C

Fund Objective:
To maximise total return while generating a relatively high yield when compared to global bond markets. This is obtained through exposure to a selection of higher-yielding global corporate bonds.
Investor profile:
Individuals who require an ongoing high level of income from their investment capital combined with global diversification.
Investment Mandate:
This specialist Fund invests in a blend of international unit trust funds, with underlying bond holdings diversified in terms of geography, currency, maturity and credit risk to ensure a high risk adjusted return. The Fund primarily invests in developed markets which provide a hedge against the Rand and emerging market risk.

Key stats

Management firm  Prudential Portfolio Managers
Domicile  South Africa
Global Branding Name  Prudential
Fund currency  ZAR
Net Assets Date  2014-06-30
Net Assets  R171,357,222
Launch Date  2005-01-03
ISIN  ZAE000062436
Manager 1 Name  David Knee
Manager 2 Name  Michael Moyle
Fund Strategy  Global Bond - ZAR/NAD
Benchmark  Barclays Global Aggregate TR USD
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  1.12%
Return - 2 Months  1.80 %
Return - 3 Months  2.65%
Return - 6 Months  4.57 %
Return - 9 months  10.74 %
Return - 12 Months  15.45%
Annualized return 24 months  18.72 %
Annualized return 36 months  19.86 %
Annualized return 48 months  12.25 %
Annualized return 60 months  10.93 %
Return 120 months  0.00 %
Annualized return since Inception  9.82%
Return YTD  4.57%

Ratings

Morning Star Rating Date   2014-06-30
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  2.11 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  7th Floor, Protea Place, 40 Dreyer Street
Contact Address 2  Claremont, 7708
Contact Address 3  PO Box 23167, Claremont
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  Prudential Portfolio Managers
Web Address  www.prudential.co.za
Phone  +27 (0)21 670 5100

Price

Last Price Date  2014-07-17
Pre-tax nav  2.35
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  R-0.00
Price change (percentage)  -0.10 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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