PRULink Cash Flow Fund Plus​​
(PhP Hedged Share Class)​​​​

PRULink Cash Flow Fund Plus is the latest PRULink fund offer for new policyowners of peso-denominated PRUMillionaire and PRULink Investor Account Plus.

Policyowners can potentially receive regular payouts* up to 6% every year or 1.5% per quarter based on your policy’s fund value at the time of Declaration Date.

New customers and existing policyowners of Pru Life UK may invest in the Fund by getting a new peso-denominated PRUMillionaire or PRULink Investor Account Plus.

The limited offer is available from 13 December 2022 to 28 December 2023 only.

Beginning November 1, 2022, premium cash and PDC payments are no longer accepted at Pru Life UK Customer Centers / GA offices. Customers may pay for their policy through any of our cashless payment facilities.

Learn more about how you can pay your policy premiums with ease and convenience through the link: Premium Payment Facilities

No. An existing policyowner cannot switch or top-up to invest in PRULink Cash Flow Fund Plus.  

However, you may invest in PRULink Cash Flow Fund Plus once you avail of a new peso-denominated PRUMillionaire or PRULink Investor Account Plus during the offer period until 28 December 2023 (Offer Period).  

Once you avail and invest in the Fund, you can make top-ups to the PRULink Cash Flow Fund Plus during the Offer Period only.  

On the other hand, you can switch from PRULink Cash Flow Fund Plus to other PRULink Funds during or after the Offer Period. 

PRULink Cash Flow Fund Plus will be valued at an inception price of PHP 1.00 per unit beginning December 13, 2022.

Once launched, it will be valued on a marked-to-market basis or based on asset or market price movements.

The price of the Fund is NOT fixed or locked even during the limited offer period.

The value of the payout* shall be based on the percentage of the fund value held by the policyowner as at the relevant Declaration Date, subject to a maximum payout rate of 6.00% per annum or 1.5% per quarter.

The basis of the fund value is at the time of the Declaration Date.

Amount of payout = Payout rate x Fund value held by policyowner

The payout*, at the discretion of the fund manager - Eastspring Investments (Singapore) Ltd., shall be based and sourced from the following:

• Income (such as coupons and dividends)

• Net capital gains

• Capital of the Fund

• Combination of (a), and/or (b), and/or (c) 

Payout declaration and the payout rate shall be determined, recommended, and approved by Eastspring Investments (Singapore) Ltd. and Pru Life UK. 

Furthermore, policyowners should also note that the payouts* may be made out of the capital of the Fund, in the event that income and net capital gains become insufficient. 

No. The payout* is not guaranteed. 

There is no guarantee that any distribution will be made or that the frequency and amount of distributions as set out in the sales materials will be met.  If payout is made, such payout is not, in any way, a forecast, indication or projection of the future or likely performance or distribution of the Fund. The making of any payout shall not be taken to imply that further payouts will be made. The Fund Manager may vary the amount of the payouts made during the duration of the customer’s insurance policy and there may be periods where there are no payouts.          

Pru Life UK informs the policyowners of the payout declaration and the payout rate on the last business day of each quarter of the calendar year.  Particularly, these fall on the following dates (Declaration Date), at the latest:

• March 31

• June 30

• September 30

• December 31

In the event the Declaration Date is a holiday or work is suspended, it will be set on the last business day preceding the scheduled Declaration Date.  Any change in the Declaration Date shall have no effect on the calculation of the payout* for the said period.   

The payout rate may vary over time and there may be period/s when there is/are no declaration of payout distribution.

Declaration of payout schedule will start in Q1 2023.  Payout schedule declaration may be subject to change. 

Policyowners are qualified to the payout* if they are invested in the PRULink Cash Flow Fund Plus before the Declaration Date and as long as they remain invested and have units credited and held in their account on Declaration Date.

A customer should have availed of either a PRUMillionaire or PRULink Investor Account Plus and invests in PRULink Cash Flow Fund Plus during the offer period from 31 December 2022 to 28 December 2023.

Yes. The offer period only serves as a limited time that the Fund is available as an option for a policyholder to invest in. 

Policyowners remains qualified to the payout if they are invested in the PRULink Cash Flow Fund Plus before the Declaration Date and as long as they remain invested and have under the PRULink Cash Flow Fund Plus credited and held in their account on Declaration Date. 

The distribution will be payable to policyowners within twenty (20) business days from the relevant Declaration Date. 

Holidays and work suspensions are not counted in the 20-business day window period to receive the payout*. 

For example:

Declaration Date: March 31, 2023

Expected credit: from April 3, 2023 to May 3, 2023

The holidays that exclude the count of 20 business days during this period are:

April 6 - Holy Thursday

April 7 - Good Friday

May 1 - Labor Day

The cash payout* shall be credited to the policyowners’ nominated PhP-denominated deposit account from any of the following banks:

• Banco de Oro Universal Bank (BDO)

• Bank of the Philippine Islands (BPI)

• Citibank

• EastWest Bank

• Hong Kong Shanghai Banking Corporation (HSBC)

• Metropolitan Bank & Trust Company (Metrobank)

• Philippine Bank of Communications (PBCom)

• Robinsons Bank

• Security Bank

Yes.  The amount of payout* a policyowner will receive are mainly affected by the following factors:

• Payout rate

• Fund value (no. of outstanding units x unit price)

Pru Life UK announces 1.5% payout rate for the quarter in a given year.

Your policy’s fund value at the time of payout declaration is ₱ 100,000.00.

You potentially get ₱ 1,500.00.

Pru Life UK announces 1.5% payout rate for the quarter in a given year.

Your policy’s fund value at the time of payout declaration is ₱ 1 million.

You potentially get ₱ 15,000.00.

Note:  These are sample illustrations only and intend to solely show how the amount of payout is computed.  Insurance charges and other costs are not imputed here.  *Payout is non-guaranteed.  The rate of payout is at a maximum of 1.5% per quarter or 6.0% per year.

Payout sourced from income, capital gains, and/or capital or principal of the Fund will not affect the number of outstanding units of the policyholders. In general, payout may result to a drop in the unit price of the Fund at the time of payout declaration. 

The sustainability of the policy may be at risk due to, but not limited to, decline in fund value caused by downward market conditions and/or continued declaration of non-guaranteed payout*. Hence, it is important for policyholders to conduct regular policy and fund review with servicing Pru Life UK insurance agent.