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With-Profits

The Prudential With-Profits Funds are designed to spread the investment risk by investing in a range of different assets. They are managed by the investment experts of Prudential Portfolio Management Group Ltd (PPMG). The Funds aim to secure the highest total return for the Fund over the long-term (after any tax and expenses) while maintaining an acceptable level of risk and protecting our policyholders. In addition, through the bonus process, we'll continue to smooth some of the extreme ups and downs of short-term investment performance.

Funds included:

  • With-Profits*
  • With-Profits (Optimum Bonus)**
  • With-Profits (Optimum Return)**

* With Sterling, Euro and Dollar options for Prudential International investors.

** Available for Onshore Bond Products except the Prudential Onshore Portfolio Bond.

Key points

Diversification

With-Profits (referred to as Optimum Return for our Onshore Bond products)

  • Maintaining the financial security of the Fund is the overriding priority - within that Prudential Portfolio Management Group Ltd (PPMG) have latitude to actively manage the asset allocation to help meet the Funds' aim of securing the highest total return for the Fund over the long-term (after any tax and expenses) while maintaining an acceptable level of risk and protecting our policyholders.
  • The international With-Profits Funds are backed by assets in the With-Profits Fund of the Prudential Assurance Company Ltd through a reinsurance agreement.

Onshore Bonds only - Optimum Bonus

  • The Fund invests in the With-Profits Fund, but offers an alternative split of real (equities, property and alternative assets) versus nominal (fixed interest and cash) assets.
  • PPMG asset allocation changes in the With-Profits Fund will be reflected within the real and nominal assets held.

International Bonds

  • The international With-Profits Funds are backed by assets in the With-Profits Fund of the Prudential Assurance Company Ltd through a reinsurance agreement.
  • With Sterling, Euro and Dollar options for Prudential International investors.
Special Features
  • Smoothing
  • Guarantees
  • Financial strength
  • Asset liability management
Independent View
  • PAC are rated AA for financial strength by Standard & Poor's, as at January 2017. This is one of the highest ratings currently given to any UK Life Assurance Company.
  • The PAC With-Profits Fund has a 5 out of 5 rating for financial strength from AKG Actuaries & Consultants, who are specialists in providing independent With-Profits ratings. This is the highest rating AKG award. Source: AKG With-Profits Report, December 2016. Please note we're not responsible for contents/reliability of the websites.
  • AKG With-Profits Offshore Report
Availability

This is not a comprehensive list of the availability of these Funds. Please refer to the appropriate Fund guide or product information pages for more information.

For UK Adviser Use Only - Not Approved For Use With Clients