Prudential Dividend Maximiser D

Fund Objective:
To achieve a dividend yield better than that of the market and to grow capital and dividends in line with the market.
Investor profile:
Individuals with a medium-to-high risk tolerance, looking for a combination of high dividend yield and capital appreciation with an aggressive tilt towards value-type shares. The recommended investment horizon is 7 years or longer.
Investment Mandate:
The Fund invests in JSE listed companies that meet the portfolio manager’s primary criteria of high but sustainable dividend yields. The Fund also seeks out “value situations” by investing in shares with low relative PE ratios as well as shares that are trading at a discount to their intrinsic value. The intended maximum limits are Equity 100%, Listed Property 10%, Offshore 25%, plus additional 5% Africa (excl. SA).

Key stats

Management firm  Prudential Portfolio Managers
Domicile  South Africa
Global Branding Name  Prudential
12 month yield  1.40%
Fund currency  ZAR
Net Assets Date  2014-09-30
Net Assets  R4,294,967,295
Launch Date  2010-01-04
ISIN  ZAE000143319
Manager 1 Name  Ross Biggs
Manager 2 Name  Marc Beckenstrater
Fund Strategy  South Africa & Namibia Equity
Benchmark  ASISA SA Equity General - Sector Average
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -0.97%
Return - 2 Months  -0.75 %
Return - 3 Months  0.38%
Return - 6 Months  6.02 %
Return - 9 months  10.43 %
Return - 12 Months  17.57%
Annualized return 24 months  22.84 %
Annualized return 36 months  23.39 %
Annualized return 48 months  18.39 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  17.82%
Return YTD  10.43%

Ratings

Morning Star Rating Date   2014-09-30
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 - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Minimum Investment  R200,000,000
Maximum Managment Charge  0.63 %
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  2014-10-16
Pre-tax nav  10.11
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  R0.03
Price change (percentage)  0.26 %
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.
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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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