The Dynamic Portfolio range of funds
The Dynamic Portfolio range of funds can help to target different levels of risk and potential return. They offer a leading combination of experts - Prudential Portfolio Management Group Ltd (PPMG) for asset allocation and Morningstar Investment Management Europe Ltd for fund recommendations.
Your client can choose between five risk-managed funds, and portfolios can be matched to the outcomes from different risk tools.
Remember that the value of investment can go down as well as up and your client may not get back what they have paid in.
|Product||Dynamic 0-30 Portfolio||Dynamic 10-40 Portfolio||Dynamic 20-55 Portfolio||Dynamic 40-80 Portfolio||Dynamic 60-100 Portfolio|
|Prudential Retirement Account**||✓||✓||✓||✓||✓|
|Flexible Retirement Plan#||✓||✓||✓||✓||✓|
|Prudential Investment Plan||✓||✓||✓||✓||✓|
|Prudential International Investment Bond||✓||✓||✓||✓||✓|
# The Flexible Retirement Plan (FRP) closed to new business on 17 September 2018 but if your client is an existing FRP customer they can still make changes to their plan.
*Link Fund Solutions Limited are responsible for all the regulatory and legal aspects of the OEIC funds. Accordingly OEIC fund names are prefixed with "LF".
**The Prudential Retirement Account and Prudential ISA invest in the OEIC versions of the portfolios while the other products invest in the Unit-Linked versions. The Unit-Linked versions generally have a slightly larger proportion of their holdings in cash and may have different charges. This, together with the different taxation that may apply to different products, will mean their investment performance can differ from one product to another.
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.
The Dynamic Portfolios invest globally in a range of assets including equities, property, fixed interest, alternative assets and cash.
Morningstar Investment Management Europe Ltd independently select and recommend a range of single asset class funds and investment style 'blends' for the fund manager to implement.
PPMG recommend each portfolio's asset allocation.
When reviewing the asset allocation, PPMG consider their long-term view of each type of asset the portfolio can hold and decide which ones to use in line with appropriate risk parameters.
M&G Investment Management Ltd, part of the Prudential Group, are the investment managers for the Dynamic Portfolios. They make the relevant adjustments to the portfolios based on PPMG's asset allocation recommendations.
- Morningstar review the performance of the underlying fund managers - funds will be added or removed based on their recommendations.
- PPMG evaluate Morningstar processes for reviewing fund managers annually.
- There is no Prudential in-house bias to Morningstar selection and recommendation of the underlying funds being used.
- Alternatives (private equity, hedge funds and infrastructure funds) are selected and monitored by PPMG Alternatives team.