PRULink Dollar Cash Flow Fund Plus

PRULink Dollar Cash Flow Fund Plus (the Fund) offers non-guaranteed payout* of up to 5% per year (or up to 1.25% per quarter) by investing 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 into Eastspring Investments - Global Multi Asset Income Plus Growth Fund, while up to 10% is kept in cash and cash alternatives for liquidity purposes. 

The non-guaranteed payout* is based on the number of units held at the time of payout computation.

The Fund is available through the following dollar-denominated single-pay investment-linked life insurance products

PRUMillionaire

PRULink Investor Account Plus

Fund switching or top-up transactions are available for existing policyholders.

The Fund is for you if you have a moderate to aggressive risk appetite described as follows:

• Primary investment goal is capital growth or capital appreciation;
• Willing to accept an increased to high level of investment volatility; and
• Ability to incur possible capital loss in exchange for potential increase in fund value and
• Non-guaranteed regular income from payouts.

The Fund will be valued at the prevailing market price as of its relaunch date. The price of the Fund is not fixed or locked and is based on asset or market price movements.

Structured as a feeder fund, the Fund invests at least 90% of its assets into Eastspring Investments - Global Multi Asset Income Plus Growth Fund, while up to 10% is kept in cash and cash alternatives for liquidity purposes.

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 5.00% per annum or 1.25% 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:

a) Income (such as coupons and dividends)

b) Net capital gains

c) Capital of the Fund

d) 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. There may be instances where the Payout exceed the non-guaranteed investment income and/or investment returns become unfavourable, resulting in a capital loss.

Payout and investment returns are not guaranteed. The Fund aims to provide payouts with a target rate of 5% per annum or 1.25% per quarter based on the number of units held at time of payout computation (the Target Payout Rate or Payout). Actual distribution of Payouts shall be at the sole discretion of Pru Life UK based on the recommendation of the Fund Manager and shall be made out of either (a) income; or (b) net capital gains; or (c) capital of the Fund or any combination of (a) and/or (b) and/or (c). There may be instances where the Payout exceed the non-guaranteed investment income and/or investment returns become unfavorable, resulting in a capital loss. 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. Pru Life UK and the Fund Manager may vary the payout rate during the duration of the customer’s insurance policy and there may be periods where there are no payouts. Payout declaration schedule may be subject to change.

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 Q2 2025.  Payout schedule declaration may be subject to change.

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)

It is driven by market condition, and payout distribution and may increase or decrease daily reflecting the value of the underlying asset portfolio.

Sample illustration for a PRULink Investor Account Plus

Pru Life UK announces 1.25% payout rate for the quarter in a given year.
Your policy’s fund value at the time of payout declaration is USD 2,000.00.
You potentially get USD 25.00.

Sample illustration for a PRUMillionaire

Pru Life UK announces 1.25% payout rate for the quarter in a given year.
Your policy’s fund value at the time of payout declaration is USD 20,000.00.
You potentially get USD 250.00.

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 1.25% per quarter or 5.0% per year.

Policyowners are qualified to the payout* if they are invested in the PRULink Dollar 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 dollar-denominated PRUMillionaire or PRULink Investor Account Plus and invests in PRULink Dollar Cash Flow Fund Plus.

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

• Banco de Oro (BDO)
• Bank of the Philippine Islands (BPI)
• China Bank
• Citibank
  
• EastWest Bank
• Hong Kong Shanghai Banking Corporation (HSBC)
• Metropolitan Bank & Trust Company (Metrobank)
• Philippine Bank of Communications (PBCom)
  
• Robinsons Bank
• Security Bank
• Standard Chartered Bank

Payout sourced from income, capital gains, and/or capital or principal of the Fund, and or any combination of the aforementioned, 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 as the payout is taken from the Fund for distribution to policyowners.

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.

Eastspring Investments is a leading Asia-based asset manager that has been managing Pru Life UK’s portfolio of PRULink funds since 2002.

Operating in Asia since 1994, Eastspring Investments is the Asian asset management business of Prudential plc, an international financial services group and has one of the widest footprints across the region.

2025 Best Asset Management Company - 30 Years
Best of the Best Awards by Asia Asset Management

2025 Best Value Investing Manager – Regional
Best of the Best Awards by Asia Asset Management