Prudential Inflation Plus Fund

Fund Overview

Risk Profile

Low	Medium	High

Objective

The Prudential Inflation Plus Fund aims to produce above inflation returns by investing in inflation-linked bonds, other interest-bearing securities and equities.

Investor Profile

• Ideal for those saving for retirement
• Those already living off a pension
• People wanting to protect their savings from the detrimental effects of inflation

Offshore Exposure

Yes

Inception Date

1 June 2001

Fund Code

PRIP

Fund Manager(s)

Michael Moyle, Albert Arntz

Top 10 Equity Holdings at 30 June 2011 BHP Billiton Plc 9.60% MTN Group 9.50% Anglo American Plc 7.10% Sasol Ltd 7.00% Standard Bank Group 6.10% Naspers Ltd 5.90% Exxaro Resources 5.30% Imperial Holdings Ltd 3.60% Absa Group Ltd 3.40% Foschini Group 3.40% Total Holdings 60.80%

Asset Allocation at 30 June 2011

Top 10 Holdings at 31 March 2011 International Unit Trust Funds 24.20% Prudential Money Market Fund 14.09% Republic of SA 5.5 07-12-2023 11.04% R210 31/03/2028 2.6% 5.16% BHP Billiton Plc 2.55% Anglo American Plc 2.07% Redefine Income Fund Ltd 1.98% Growthpoint Properties Ltd 1.80% Republic of SA 3.45 07-12-2033 1.76% Firstrand 07122023 5.5% 1.63% Total Holdings 66.28%

Asset Allocation at 31 March 2011