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International Prudence Bond - PruFund Expected Growth Rates and Unit Price Adjustments

Please note: International Prudence Bond was replaced by the Prudential International Investment Bond in the UK at R-day.

As part of our PruFund smoothing process, Prudential set Expected Growth Rates (EGR). These are the annualised rates your client’s investment would normally grow at. They are reviewed every three months, when they could rise or fall.

They are set quarterly by the Prudential Directors, with regard to the investment returns expected to be earned on the assets of the funds over the long-term (up to 15 years). They are published every quarter for each product. Your client’s investment will normally benefit from this growth rate on a daily basis, through an increase in the price of the units held (known as the unit price).

The table below shows the current and historic EGR (gross of all product charges) and Unit Price Adjustments (UPA), correct as at 25 May 2018.

International Prudence Bond

Sterling (£)

International Prudence Bond (£) Expected Growth Rate Historic Expected Growth Rate Historic Unit Price Adjustments
From To EGR Date End Or Mid term adjustment UPA
Expand Row Collapse Row PruFund Cautious (Sterling) Fund 5.50% 25/08/2016 Present 5.50% 25/08/2017 End +2.57%
25/05/2016 24/08/2016 6.00% 26/02/2016 End -3.40%
25/02/2016 24/05/2016 6.50% 28/05/2013 End +3.16%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Expand Row Collapse Row PruFund Growth (Sterling) Fund 6.20% 25/08/2016 Present 6.20% 27/02/2017 End +3.07%
25/05/2016 24/08/2016 6.60% 25/11/2016 End +2.65%
25/02/2016 24/05/2016 7.10% 26/02/2016 End -2.68%
25/11/2014 24/02/2016 7.30% 26/05/2015 End +2.73%
27/05/2014 24/11/2014 7.70% 25/02/2011 End +2.57%
26/11/2012 26/05/2014 7.50% 25/11/2010 End +3.54%
26/11/2009 25/11/2012 7.90% 25/11/2009 End +3.55%
25/11/2008 25/11/2009 8.00% 25/08/2009 End +8.15%
25/02/2009 End -2.55%
Expand Row Collapse Row PruFund Protected Cautious (Sterling) Fund 5.50% 25/08/2016 Present 5.50% 25/08/2017 End +2.57%
25/05/2016 24/08/2016 6.00% 26/02/2016 End -3.40%
25/02/2016 24/05/2016 6.50% 08/05/2013 End +3.16%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Expand Row Collapse Row PruFund Protected Growth (Sterling) Fund 6.20% 25/08/2016 Present 6.20% 27/02/2017 End +3.07%
25/05/2016 24/08/2016 6.60% 25/11/2016 End +2.65%
25/02/2016 24/05/2016 7.10% 26/02/2016 End -2.68%
25/11/2014 24/02/2016 7.30% 26/05/2015 End +2.73%
27/05/2014 24/11/2014 7.70% 25/02/2011 End +2.57%
26/11/2012 26/05/2014 7.50% 25/11/2010 End +3.54%
26/11/2009 25/11/2012 7.90% 25/11/2009 End +3.55%
25/11/2008 25/11/2009 8.00% 25/08/2009 End +8.15%
25/02/2009 End -2.55%

Euro (€)

International Prudence Bond (€) Expected Growth Rate Historic Expected Growth Rate Historic Unit Price Adjustments
From To EGR Date End Or Mid term adjustment UPA
Expand Row Collapse Row PruFund Cautious (Euro) Fund 4.80% 25/08/2016 Present 4.80% 26/02/2016 End -4.35%
25/05/2016 24/08/2016 5.00% 25/02/2015 End +2.77%
25/02/2016 24/05/2016 5.70% 28/05/2013 End +3.80%
25/11/2014 24/02/2016 5.90% 25/11/2011 End -4.60%
26/11/2012 24/11/2014 6.90%
25/11/2009 25/11/2012 7.00%
Expand Row Collapse Row PruFund Growth (Euro) Fund 5.30% 25/08/2016 Present 5.30% 27/02/2017 End +3.72%
25/05/2016 24/08/2016 5.60% 26/02/2016 End -3.41%
25/02/2016 24/05/2016 6.40% 25/08/2015 End -2.70%
25/11/2014 24/02/2016 6.50% 25/02/2015 End +3.90%
26/08/2014 24/11/2014 7.60% 28/05/2013 End +3.91%
26/11/2012 25/08/2014 7.40% 25/11/2011 End -3.34%
26/11/2009 25/11/2012 7.60% 25/08/2011 End -2.66%
26/05/2009 25/11/2009 7.70% 25/08/2010 End +2.56%
25/11/2008 25/05/2009 7.90% 25/11/2009 End +3.85%
25/08/2009 End +4.88%
26/05/2009 End +4.35%
25/02/2009 End -3.09%
Expand Row Collapse Row PruFund Protected Cautious (Euro) Fund 4.80% 25/08/2016 Present 4.80% 26/02/2016 End -4.35%
25/05/2016 24/08/2016 5.00% 25/02/2015 End +2.77%
25/02/2016 24/05/2016 5.70% 28/05/2013 End +3.80%
25/11/2014 24/02/2016 5.90% 25/11/2011 End -4.06%
26/11/2012 24/11/2014 6.90%
25/11/2009 25/11/2012 7.00%
Expand Row Collapse Row PruFund Protected Growth (Euro) Fund 5.30% 25/08/2016 Present 5.30% 27/02/2017 End +3.72%
25/05/2016 24/08/2016 5.60% 26/02/2016 End -3.41%
25/02/2016 24/05/2016 6.40% 25/08/2015 End -2.70%
25/11/2014 24/02/2016 6.50% 25/02/2015 End +3.90%
26/08/2014 24/11/2014 7.60% 28/05/2013 End +3.91%
26/11/2012 25/08/2014 7.40% 25/11/2011 End -3.34%
26/11/2009 25/11/2012 7.60% 25/08/2011 End -2.66%
26/05/2009 25/11/2009 7.70% 25/08/2010 End +2.56%
25/11/2008 25/05/2009 7.90% 25/11/2009 End +3.85%
25/08/2009 End +4.88%
26/05/2009 End +4.35%
25/02/2009 End -3.09%

Dollar ($)

International Prudence Bond ($) Expected Growth Rate Historic Expected Growth Rate Historic Unit Price Adjustments
From To EGR Date End Or Mid term adjustment UPA
Expand Row Collapse Row PruFund Cautious (US Dollar) Fund 6.00% 25/05/2016 Present 6.00% 25/11/2015 End -2.53%
25/02/2016 24/05/2016 6.30% 25/08/2015 End -3.78%
25/11/2014 24/02/2016 6.40% 28/05/2013 End +2.61%
26/11/2012 24/11/2014 6.90% 24/05/2011 End +3.18%
25/11/2009 25/11/2012 7.00%
Expand Row Collapse Row PruFund Growth (US Dollar) Fund 6.60% 25/05/2016 Present 6.60% 27/11/2017 End +2.84%
25/02/2016 24/05/2016 7.00% 25/05/2017 End +3.03%
25/11/2014 24/02/2016 7.20% 27/02/2017 End +2.65%
26/08/2014 24/11/2014 7.60% 15/02/2016 Mid -8.25%
27/05/2014 25/08/2014 7.50% 27/05/2014 End +2.61%
26/11/2012 26/05/2014 7.40% 28/05/2013 End +2.85%
26/11/2009 25/11/2012 7.60% 25/02/2011 End +3.64%
26/05/2009 25/11/2009 7.70% 22/10/2009 Mid +8.06%
25/11/2008 25/05/2009 7.90% 25/08/2009 End +4.73%
21/05/2009 Mid +9.44%
Expand Row Collapse Row PruFund Protected Cautious (US Dollar) Fund 6.00% 25/05/2016 Present 6.00% 25/11/2015 End -2.53%
25/02/2016 24/05/2016 6.30% 25/08/2015 End -3.78%
25/11/2014 24/02/2016 6.40% 28/05/2013 End +2.61%
26/11/2012 24/11/2014 6.90% 24/05/2011 End +3.18%
25/11/2009 25/11/2012 7.00%
Expand Row Collapse Row PruFund Protected Growth (US Dollar) Fund 6.60% 25/05/2016 Present 6.60% 27/11/2017 End +2.84%
25/02/2016 24/05/2016 7.00% 25/05/2017 End +3.03%
25/11/2014 24/02/2016 7.20% 27/02/2017 End +2.65%
26/08/2014 24/11/2014 7.60% 15/02/2016 Mid -8.25%
27/05/2014 25/08/2014 7.50% 27/05/2014 End +2.61%
26/11/2012 26/05/2014 7.40% 28/05/2013 End +2.85%
26/11/2009 25/11/2012 7.60% 25/02/2011 End +3.64%
26/05/2009 25/11/2009 7.70% 22/10/2009 Mid +8.06%
25/11/2008 25/05/2009 7.90% 25/08/2009 End +4.73%
21/05/2009 Mid +9.44%

Sterling (£)

PruFund Cautious (Sterling) Fund
Expected Growth Rate 5.50%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 5.50%
25/05/2016 24/08/2016 6.00%
25/02/2016 24/05/2016 6.50%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
25/08/2017 End +2.57%
26/02/2016 End -3.40%
28/05/2013 End +3.16%
PruFund Growth (Sterling) Fund
Expected Growth Rate 6.20%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 6.20%
25/05/2016 24/08/2016 6.60%
25/02/2016 24/05/2016 7.10%
25/11/2014 24/02/2016 7.30%
27/05/2014 24/11/2014 7.70%
26/11/2012 26/05/2014 7.50%
26/11/2009 25/11/2012 7.90%
25/11/2008 25/11/2009 8.00%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
27/02/2017 End +3.07%
25/11/2016 End +2.65%
26/02/2016 End -2.68%
26/05/2015 End +2.73%
25/02/2011 End +2.57%
25/11/2010 End +3.54%
25/11/2009 End +3.55%
25/08/2009 End +8.15%
25/02/2009 End -2.55%
PruFund Protected Cautious (Sterling) Fund
Expected Growth Rate 5.50%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 5.50%
25/05/2016 24/08/2016 6.00%
25/02/2016 24/05/2016 6.50%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
25/08/2017 End +2.57%
26/02/2016 End -3.40%
08/05/2013 End +3.16%
PruFund Protected Growth (Sterling) Fund
Expected Growth Rate 6.20%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 6.20%
25/05/2016 24/08/2016 6.60%
25/02/2016 24/05/2016 7.10%
25/11/2014 24/02/2016 7.30%
27/05/2014 24/11/2014 7.70%
26/11/2012 26/05/2014 7.50%
26/11/2009 25/11/2012 7.90%
25/11/2008 25/11/2009 8.00%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
27/02/2017 End +3.07%
25/11/2016 End +2.65%
26/02/2016 End -2.68%
26/05/2015 End +2.73%
25/02/2011 End +2.57%
25/11/2010 End +3.54%
25/11/2009 End +3.55%
25/08/2009 End +8.15%
25/02/2009 End -2.55%

Euro (€)

PruFund Cautious (Sterling) Fund
Expected Growth Rate 5.50%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 5.50%
25/05/2016 24/08/2016 6.00%
25/02/2016 24/05/2016 6.50%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
25/08/2017 End +2.57%
26/02/2016 End -3.40%
28/05/2013 End +3.16%
PruFund Growth (Sterling) Fund
Expected Growth Rate 6.20%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 6.20%
25/05/2016 24/08/2016 6.60%
25/02/2016 24/05/2016 7.10%
25/11/2014 24/02/2016 7.30%
27/05/2014 24/11/2014 7.70%
26/11/2012 26/05/2014 7.50%
26/11/2009 25/11/2012 7.90%
25/11/2008 25/11/2009 8.00%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
27/02/2017 End +3.07%
25/11/2016 End +2.65%
26/02/2016 End -2.68%
26/05/2015 End +2.73%
25/02/2011 End +2.57%
25/11/2010 End +3.54%
25/11/2009 End +3.55%
25/08/2009 End +8.15%
25/02/2009 End -2.55%
PruFund Protected Cautious (Sterling) Fund
Expected Growth Rate 5.50%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 5.50%
25/05/2016 24/08/2016 6.00%
25/02/2016 24/05/2016 6.50%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
25/08/2017 End +2.57%
26/02/2016 End -3.40%
08/05/2013 End +3.16%
PruFund Protected Growth (Sterling) Fund
Expected Growth Rate 6.20%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 6.20%
25/05/2016 24/08/2016 6.60%
25/02/2016 24/05/2016 7.10%
25/11/2014 24/02/2016 7.30%
27/05/2014 24/11/2014 7.70%
26/11/2012 26/05/2014 7.50%
26/11/2009 25/11/2012 7.90%
25/11/2008 25/11/2009 8.00%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
27/02/2017 End +3.07%
25/11/2016 End +2.65%
26/02/2016 End -2.68%
26/05/2015 End +2.73%
25/02/2011 End +2.57%
25/11/2010 End +3.54%
25/11/2009 End +3.55%
25/08/2009 End +8.15%
25/02/2009 End -2.55%

Dollar ($)

PruFund Cautious (Sterling) Fund
Expected Growth Rate 5.50%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 5.50%
25/05/2016 24/08/2016 6.00%
25/02/2016 24/05/2016 6.50%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
25/08/2017 End +2.57%
26/02/2016 End -3.40%
28/05/2013 End +3.16%
PruFund Growth (Sterling) Fund
Expected Growth Rate 6.20%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 6.20%
25/05/2016 24/08/2016 6.60%
25/02/2016 24/05/2016 7.10%
25/11/2014 24/02/2016 7.30%
27/05/2014 24/11/2014 7.70%
26/11/2012 26/05/2014 7.50%
26/11/2009 25/11/2012 7.90%
25/11/2008 25/11/2009 8.00%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
27/02/2017 End +3.07%
25/11/2016 End +2.65%
26/02/2016 End -2.68%
26/05/2015 End +2.73%
25/02/2011 End +2.57%
25/11/2010 End +3.54%
25/11/2009 End +3.55%
25/08/2009 End +8.15%
25/02/2009 End -2.55%
PruFund Protected Cautious (Sterling) Fund
Expected Growth Rate 5.50%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 5.50%
25/05/2016 24/08/2016 6.00%
25/02/2016 24/05/2016 6.50%
25/11/2014 24/02/2016 6.70%
27/05/2014 24/11/2014 7.20%
26/11/2012 26/05/2014 7.00%
25/11/2009 25/11/2012 7.50%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
25/08/2017 End +2.57%
26/02/2016 End -3.40%
08/05/2013 End +3.16%
PruFund Protected Growth (Sterling) Fund
Expected Growth Rate 6.20%
Historic Expected Growth Rate Expand All Collapse All
From To EGR
25/08/2016 Present 6.20%
25/05/2016 24/08/2016 6.60%
25/02/2016 24/05/2016 7.10%
25/11/2014 24/02/2016 7.30%
27/05/2014 24/11/2014 7.70%
26/11/2012 26/05/2014 7.50%
26/11/2009 25/11/2012 7.90%
25/11/2008 25/11/2009 8.00%
Historic Unit Price Adjustments Expand All Collapse All
Date End Or Mid term adjustment UPA
27/02/2017 End +3.07%
25/11/2016 End +2.65%
26/02/2016 End -2.68%
26/05/2015 End +2.73%
25/02/2011 End +2.57%
25/11/2010 End +3.54%
25/11/2009 End +3.55%
25/08/2009 End +8.15%
25/02/2009 End -2.55%

Important information

Past performance is not an indicator of future performance. Remember that the value of an investment can go down as well as up and your client may not get back what they paid in.

The Expected Growth Rates set at each quarter date may be higher, the same or lower than those applying at the start of the investment.

In addition, there may be times where the unit price may be adjusted which will impact any growth that clients may receive. The overall return achieved on any plan is affected by the amount of the investment, investment performance, the period over which the plan has been invested and the charges applicable to the plan.

There may be occasions where we have to suspend the smoothing process for one or more PruFund funds, to protect our With-Profits Fund and the clients invested in it. We may also suspend the smoothing process if unusually large volumes of money enter or leave the funds. When this happens, the smoothed price for the affected fund(s) is set to the unsmoothed price for each day until the smoothing process is reinstated. Suspension of smoothing can be applied independently for each fund in the PruFund Range of Funds.

You should refer to Key Features or Terms & Conditions of your client's plan for more information on how the Expected Growth Rates work.

© Prudential 2018