PruFund Planet range launches on International Portfolio Bond

M&G plc today announces the launch of the PruFund Planet range of funds on its International Portfolio Bond.

PruFund Planet is the UK's first range of risk-rated, actively-managed, multi-asset funds, designed to deliver a smoothed investment journey for clients, while aiming to generate both competitive returns and positive environmental and societal outcomes.

Michael Leahy, managing director of Prudential International Assurance, said: "Extending the availability of PruFund Planet to the International Portfolio Bond gives advisers and their clients yet another way to access the people and planet-focused version of our market-leading smoothed investment solution.

"Crucially, it combines the tax benefits and planning opportunities offered by an offshore bond with the real and growing need for advisers whose clients, particularly in retirement, are increasingly looking for a smoothed investment journey, while seeking to make a positive difference to the planet."

The PruFund Planet range is now available through M&G's Retirement Account and International Portfolio Bond products, with ISA and other bond versions available next year.