M&G Wealth rolls out PruFund range on platform

Full suite of offerings are now available to advisers

PruFund sign

M&G Wealth has made the full £58bn PruFund range available on its platform with the addition of PruFund Growth, PruFund Cautious and five risk-managed strategies.

PruFund is a range of advised-only smoothed multi-asset funds which aim to achieve a total return from income and capital over the medium to long-term.

M&G originally pledged to have the range available to advisers via its platform by the end of 2021. However, it was delayed due to the process of integrating Ascentric, the platform it acquired from Royal London in 2020.

The Prufund Planet range was launched on the M&G Wealth platform in  July 2022.

David Montgomery, managing director of M&G Wealth, said: “The launch of the full PruFund range on the M&G Wealth platform gives advisers greater flexibility and wider choice when determining the best way for their clients to invest.

“PruFund is a unique proposition with a great track record of delivering excellent value, particularly for clients who are seeking to dampen volatility and minimise portfolio sequencing risk.

“Today’s launch is an important step towards M&G Wealth’s ambition to become a leading provider of innovative wealth solutions.”

See also: M&G plots £200m cost cutting by end of 2025

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