April 1, 2026
Dear Valued Client,
We would like to inform clients of important enhancements being implemented to the PRULink Cash Flow Fund (CFF). These changes are part of our continuous effort to improve fund efficiency, enhance the overall resilience and performance potential of the fund, and alignment with evolving market conditions.
We have refined the underlying investments of the fund linked to your policy in accordance to its investment policy. These updates do not change the fund’s underlying investment objective, but are designed to improve the fund’s ability to achieve that objective. The restructuring of these existing funds aims to:
- Rationalize underlying investment structures to ensure long‑term sustainability.
- Strengthen their ability to deliver their respective nonguaranteed quarterly payout targets.
| Fund | Current Fund Description | Revised Fund Description |
|---|---|---|
| PRULink Cash Flow Fund – PhP Hedged Share Class | The PRULink Cash Flow Fund – PhP Hedged Share Class seeks to provide investors with regular payouts by investing in a diversified portfolio consisting primarily of high-yield bonds and other fixed income/debt securities denominated in US dollars issued in the US-market rated below BBB-, as well as fixed income/debt securities issued by Asian entities or their subsidiaries. The Fund may, in addition, at the Fund Manager’s discretion, invest up to twenty percent (20%) of its assets in dividend-yielding equities. | The PRULink Cash Flow Fund – PhP Hedged Share Class invests in a well-diversified portfolio consisting primarily of Global Fixed Income, Equity and Commodity securities. Structured as a feeder fund, this Fund invests at least 90% of its assets in Eastspring Investments - Monthly Income Plan Fund, while up to 10% is kept in cash and cash alternatives for liquidity purposes. It seeks to provide investors with a non-guaranteed payout of up to 4% per annum or (up to 1% per quarter) based on the number of units held as of the Declaration Date. |
| PRULink Cash Flow Fund | The PRULink Cash Flow Fund seeks to provide investors with regular payout by investing in a diversified portfolio consisting primarily of high yield bonds and other fixed income/debt securities denominated in US dollars, issued in the US market rated below BBB-, as well as fixed income/debt securities issued by Asian entities or their subsidiaries. The Fund may in addition, at the Fund Manager's discretion, invest up to twenty percent (20%) of its assets in dividend yielding equities. | The PRULink Cash Flow Fund invests in a well-diversified portfolio consisting primarily of Global Fixed Income, Equity and Commodity securities. Structured as a feeder fund, this Fund invests at least 90% of its assets in Eastspring Investments - Monthly Income Plan Fund, while up to 10% is kept in cash and cash alternatives for liquidity purposes. It seeks to provide investors with a non-guaranteed payout of up to 4% per annum or (up to 1% per quarter) based on the number of units held as of the Declaration Date. |
The update does not affect your policy benefits or the way your account value is calculated. No action is required from you, and your policy continues to be managed in line with its stated objectives. We encourage you to review the revised fund description to determine whether it still is aligned with your objectives.
Should you have any questions or require further clarification, please do not hesitate to contact your servicing agent.
Thank you for your continued trust.
Warm regards,
Pru Life UK
