PRULink Global Tech Navigator Fund
A peso-denominated fund that invests in stocks of companies worldwide that thrive on technological advancements
Currency: Philippine peso
Investment appetite: Aggressive
The investments of variable life insurance contracts are not mutual funds or unit investment trust funds. Life insurance products are regulated by the Insurance Commission
World-class fund management
Growth of tech-driven global companies
Access to US dollar-denominated stocks with Phillippine pesos
The Fund is a PHP unhedged share class subject to currency risks. Note that there may be potential losses, too, depending on the performance of Philippine peso against US dollar.
Financial protection
PRU TIP FOR YOU:
Level up your investing strategy!
Take advantage of current relatively low-tech stock prices due to short-term market price fluctuations. Position yourself for potential future returns in the global tech sector!
News articles on volatility:
https://www.euronews.com/business/2024/07/19/markets-recap-sharp-retreat-amid-global-tech-wreck
Fear of US recession rattles global markets as tech shares fall | Stock markets | The Guardian
Wall St ends volatile session lower in aftermath of global tech outage | Reuters
Stocks slide as global tech outage rattles investors | Philstar
Are you suitable to invest in the Fund?
The Fund is for customers who have an aggressive investment risk appetite:
✔ Goal: Long-term capital appreciation
✔ Willingness: To accept high investment volatility
✔ Ability: To risk capital loss for potential fund value increase
✔ Knowledge: Financial and investment savvy to understand the fund
Which products offer the Fund?
The Fund is avalaible through the following peso-denominated investment-linked life insurance products:
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PRULink Assurance Account Plus
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PRULink Elite Protector Series
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PRULink Exact Protector
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PRULink Investor Account Plus
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PRUHealth Prime
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PRULife Your Term with Variable Life Rider
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PRUMillionaire
Fund switching, premium redirection, or top-up transactions are available for existing policyholders.
Where is the Fund invested?
The Fund invests largely in the Fidelity Funds – Global Technology Fund (Target Fund) offered through ATRAM Global Technology Feeder Fund (Feeder Fund).
Top Holdings of the Fund as of 30 June 2024:
|
1 |
Taiwan Semiconductor Manufacturing Co. Ltd. |
6.5% |
|
2 |
Microsoft Corporation |
5.6% |
|
3 |
Apple Inc. |
5.1% |
|
4 |
Amazon.com, Inc. |
3.6% |
|
5 |
Alphabet Inc. |
3.5% |
|
6 |
Samsung Electronics Co. Ltd. |
3.4% |
|
7 |
Ericsson |
3.2% |
|
8 |
Texas Instruments Inc. |
2.9% |
|
9 |
Workday Inc. |
2.8% |
|
10 |
Autodesk |
2.5% |
The Fund may also invest up to 10% in financial instruments and other tradeable investment outlets as may be allowed by the pertinent regulatory bodies.
Source: Fidelity International. Holdings may change upon the discretion of the fund managers to optimize investment returns. Reference to specific securities is for illustration only and should not be construed as a recommendation to buy or sell these securities. Investors should also note that the views expressed may no longer be current and may have already been acted upon by Fidelity. Performance of the security is not a representation of the Fund’s performance. Past performance is not a reliable indicator of future results.
Who are the Fund Managers?
Fidelity Funds – Global Technology Fund (Target Fund)
Fidelity International is a leading and award-winning global asset manager with over 50 years of experience in providing innovative strategies across equities, fixed income, real estate, private assets and customized solutions worldwide.
ATRAM Global Technology Feeder Fund (Feeder Fund)
ATRAM Investments is one of the country's leading digitally-powered asset and wealth management firms servicing institutional clients and retail customers, providing innovative products and unique customer experiences delivered through technology-enabled platforms.
Where can I get more information about the Fund?
