Important investment news for International Prudence Bond

Coming soon: new PruFund Cautious Funds

In response to increasing demands for more cautious investment solutions we are delighted to announce that we are extending the concept of PruFund. As we promised earlier in the year we are now rolling out our new PruFund Cautious range to International Prudence Bond.

These funds will have an asset allocation of around 70% in fixed interest securities and cash, with the remainder in equities, property and other assets. They will have the same smoothing formula as the PruFund Growth Funds, with the following Expected Growth Rates:

The new funds will be available from 12 October 2009. The Protected Cautious Funds will have a fifth anniversary guarantee, with a guarantee charge of 1.25% a year, and will be available for new bonds only.

If you normally select funds from a panel, please contact the relevant research area for the latest information on the availability of the PruFund Cautious Funds.

Look out for more news nearer the launch date.

Closure of PruFund Protected Growth Funds on International Prudence Bond

We will shortly stop accepting new investments into the PruFund Protected Growth Funds on International Prudence Bond.

You will be able to get illustrations on any of these funds until 9 October 2009. We will then continue to accept investments into the funds until 6 November 2009, as long as the chosen fund was selected on the illustration, the application form is fully completed, and we have received all the necessary documentation and payment.

These arrangements apply to each of the PruFund Protected Growth Funds - Sterling, Euro and US Dollar.

Existing investors in these funds will not be affected in any way.

The PruFund Growth Funds are not affected by these changes and will continue to be available to both new and existing investors. The PruFund Growth Fund has a greater equity exposure and continues to use our distinctive PruFund smoothing formula.

For further information please speak to your usual Prudential Account Manager.