For UK financial advisers only. Not approved for use by customers. Visit the Prudential customer website For UK financial advisers only. Not approved for use by customers. Visit the Prudential customer website
OEIC Fund Range

OEIC Fund Range

The Open Ended Investment Company (OEIC) range of funds, operated by Link Fund Solutions Limited, offers your clients access to funds that invest in a range of different asset types and risk appetites to help meet their needs.

  • Choose from 10 OEIC funds

     

  • Switch funds at any time

  • Invest from £500 lump sum and/or £50 each month

  • Free withdrawals

What would you like to do now?

Minimise Maximize
Show More Show Less

Product details

Key documents

Link Fund Solutions documents

Some of the documents for the OEIC Fund Range, such as application forms, servicing forms and fund information documents, are only available on the Link Fund Solutions website.

MiFID II disclosure

As part of the Markets in Financial Instruments II Directive (MiFID II) we have provided disclosure documents related to this products.

Features and benefits

  • Prudential offer Open Ended Investment Company (OEIC) funds which are operated by Link Fund Solutions Limited. They are legally responsible for all servicing and administration of the funds.
  • Your client can invest in up to 10 OEIC funds, covering different levels of potential risk and return, to create a mix which they are comfortable with. 
  • Your client can invest with as little as £500 initial investment or £50 a month. They can take withdrawals of £250 or more at any time.

Please remember that the value of your client's investment and any income from it can go down as well as up. They may not get back the amount they put in.

About Open Ended Investment Company funds

Open Ended Investment Company (OEIC) funds could be a good way to help your clients boost their purchasing power and build up their own portfolio of investments. 

  • OEIC funds pool investments with that of other investors and may allow your client to access asset types which may otherwise be difficult to invest in.  

  • Investing in OEIC funds could offer the potential for long-term capital growth, income or a mixture of both.
  • No Capital Gains Tax is payable on any gains made by investments held within the fund.  
  • Your client can invest in up to 10 OEIC funds, covering different levels of potential risk and return. They can invest in one or more funds to suit their own needs and appetite for risk, creating a mix which they are comfortable with.  

Contributions & withdrawals

Initial contribution

  • Lump sum of £500 of more, or

  • From £50 a month.

Additional investment

  • Minimum lump sum of £250 or more, or

  • By increasing the direct debit payments by £5 each month.

Withdrawals

  • Free withdrawals of £250 or more at any time.

Tax

There are some tax considerations when investing in funds through an OEIC:

  • No Capital Gains Tax is payable on gains made by investments held within the fund.
  • Capital Gains Tax may be payable upon selling all or part of the investment however, and your client must detail this on their self-assessment tax return.
  • Income received in the way of dividends may be sheltered by a dividend tax allowance of £2,000 per year.
  • Payments which are treated as interest payments received within the OEIC fund, will be paid gross and savers will benefit from the Personal Savings Allowance - £1,000 of interest for basic rate tax payers and £500 for higher rate taxpayers.  

For more information on tax liabilities, see our Summary Tax Liabilities for Bonds and Collectives document.

Remember that the impact of taxation depends on individual circumstances and is subject to change.

Fund choices

Your client can choose from 10 multi-asset funds. Each is a “fund of funds”, invested in a range of underlying funds and offering a simple solution to the challenge of selecting funds and diversifying across asset types.

Prudential Portfolio Management Group (PPMG) recommends the asset allocation for each fund. Link Fund Solutions Limited, as Authorised Corporate Director, ensures that these recommendations are in line with the funds’ objectives. M&G Investment Management Ltd (MAGIM), part of the Prudential group, are the investment managers for the Prudential Dynamic Portfolios and the Prudential Dynamic Focused Portfolios. They make the asset allocations adjustments recommended by PPMG.

LF Dynamic Portfolios

A range of portfolios to help target different levels of risk and potential return. They offer a leading combination of experts - Prudential's Portfolio Management Group for asset allocation and Morningstar for fund recommendations. 

  • LF Prudential Dynamic 0-30

  • LF Prudential Dynamic 10-40

  • LF Prudential Dynamic 20-55

  • LF Prudential Dynamic 40-80

  • LF Prudential Dynamic 60-100

LF Dynamic Portfolios are available as an investment option on the following products:

*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.

For more information, view the Key Investment Information Documents for each portfolio.

LF Dynamic Focused Portfolios

The Prudential Dynamic Focused Portfolios use the combined expertise of PPMG and M&G Investment Management Ltd, one of the UK’s most respected investment research companies, to help meet the objectives of each portfolio.

  • LF Prudential Focused Dynamic 0-30

  • LF Prudential Focused Dynamic 10-40

  • LF Prudential Focused Dynamic 20-55

  • LF Prudential Focused Dynamic 40-80

  • LF Prudential Focused Dynamic 60-100

LF Dynamic Focused Portfolios are available as an investment option for the following products:

  LF Dynamic Focused 0-30 Portfolio LF Dynamic Focused 10-40 Portfolio LF Dynamic Focused 20-55 Portfolio  LF Dynamic Focused 40-80 Portfolio  LF Dynamic Focused 60-100 Portfolio 
Prudential ISA
Flexible Retirement Plan      
OEIC Funds*
Prudential Investment Plan      
Prudential International Investment Bond      
Trustee Investment Plan        
Retirement Account**

 *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.

For more information, view the Key Investment Information Documents for each portfolio.

Adviser charging

Adviser charging can be facilitated for the OEIC funds.

Download the Adviser charging guide (PDF) for more information.

Next steps

Minimise Maximize
Show More Show Less

© Prudential 2018