Pru expands Cautious fund availability

The fund, launched in February and managed by Matthew Williams, targets long term capital growth. The expansion means it is now available via four channels including an OEIC, ISA or the company’s International Prudence Bond. Williams said the Cautious Managed product operated on the basis of complete flexibility. “We are not constrained by benchmarks in managing this fund, and we run offerings based on three founding principles – the importance of asset allocation, the benefits of diversification, and the focus on the long term,” he said. He added making the fund available via ...