Investment options
Funds available within the Prudential ISA:
- PruFund range of funds
- LF Prudential OEIC Fund range
The PruFund range of funds
The Prudential ISA offers the PruFund range of funds which aim to grow a client’s money while giving a smoothed investment experience.
- PruFund Risk Managed 1 Fund
- PruFund Risk Managed 2 Fund
- PruFund Risk Managed 3 Fund
- PruFund Risk Managed 4 Fund
- PruFund Risk Managed 5 Fund
- PruFund Cautious Fund
- PruFund Growth Fund
Expected Growth Rates
Expected Growth Rates that apply to the PruFund Range of Funds are announced every quarter.
LF Prudential OEIC Fund range
Prudential offer a range of five Risk Managed Active and five Risk Managed Passive funds which are Open Ended Investment Company (OEIC) funds that pool a client’s money together with other investors.
Risk Managed Active Range
- LF Prudential Risk Managed Active 1 Fund
- LF Prudential Risk Managed Active 2 Fund
- LF Prudential Risk Managed Active 3 Fund
- LF Prudential Risk Managed Active 4 Fund
- LF Prudential Risk Managed Active 5 Fund
Find out more about the Risk Managed Active range
Risk Managed Passive Range
- LF Prudential Risk Managed Passive 1 Fund
- LF Prudential Risk Managed Passive 2 Fund
- LF Prudential Risk Managed Passive 3 Fund
- LF Prudential Risk Managed Passive 4 Fund
- LF Prudential Risk Managed Passive 5 Fund
Find out more about the Risk Managed Passive range
Fund switching
Clients can switch funds whenever they need to, without charge, giving them control over their investments.
Charges and costs
The main charges will be:
- Annual Management Charges (AMC)
- Fund switching charges
- Adviser Charges
Annual Management Charge
Annual Management Charges apply for each fund.
Prudential will take a charge each year for the management and administration of funds held within the Prudential ISA.
- PruFund Funds: for these funds, the AMC is taken by the monthly cancellation of units from each investment. Note: if a client has only invested in a PruFund Fund for part of a month, Prudential still take a full month’s charge. A reduction to the AMC on a client’s PruFund Funds will apply if the total value of the client’s PruFund Funds held in their Prudential ISA is £100,000 or more.
- Risk Managed Active/Passive Funds: the Ongoing Charge figure is based on the total of all charge payments made over a year, and includes charges such as the fund’s Annual Management Charge, custodian charge and administration fee.
- Further costs incurred by the funds: In addition to standard Prudential charges, there may be further costs incurred, which can vary over time. Where these are applicable, they are paid for by the relevant fund and will impact on its overall performance.
Further information on the PruFund Fund charges and costs can be found in Fund Guide (PDF).
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