Prudential High Yield Bond comment - Sep 13 - Fund Manager Comment24 Dec 2013
The All Bond Index gained 3.9% and the Inflation-Linked Bond Index gained 2.9%. Cash returned 0.4%.
The Fund achieved a total return of 4.1% for the month. This brings the one year return for the Fund to 4.0%, outperforming the All Bond Index of 3.1% even after fees. The Fund retains a neutral duration and an overweight credit position.
Prudential High Yield Bond comment - Jun 13 - Fund Manager Comment13 Sep 2013
The All Bond Index declined 1.5% and the Inflation-Linked Bond Index declined 5.5%. Cash returned 0.4%.
The Fund achieved a total negative return of -1.5% for the month. This brings the one year return for the Fund to 6.9%, outperforming the All Bond Index of 6.3% even after fees. The
Fund retains a neutral duration and an overweight credit position.
Prudential High Yield Bond comment - Mar 13 - Fund Manager Comment21 May 2013
The All Bond Index gained 0.2% and the Inflation-Linked Bond Index gained 1.6%. Cash returned 0.4%.
The Fund achieved a total return of 0.2% for the month. This brings the 1 year return for the Fund to 14.3%, almost matching the All Bond Index of 14.4% even after fees. The Fund
retains a neutral duration and an overweight credit position.
Prudential High Yield Bond comment - Dec 12 - Fund Manager Comment20 Mar 2013
The All Bond Index gained 2.3% and the Inflation-Linked Bond Index gained 3.0%. Cash returned 0.43%.
The Fund achieved a total return of 2.3% for the month. This brings the return for the calendar year to 15.8%, almost matching the All Bond Index of 16.0% even after fees. The Fund retains a neutral duration and an overweight credit position.