Fund Objective

The investment objective of the PRU Protected Global Titans Fund is to achieve long term capital growth by gaining exposure to top global multinational companies through the Dow Jones Global Titans 50 Indexsm while at the same time providing protection against the net asset value ("NAV") of the Sub-Fund falling below the floor level of 95% of its NAV as at the start of each floor period, such period to be more than 12 months but less than 13 months. The Fund is denominated in Singapore Dollars. The Fund will not accept subscription with effect from 6th August 2010.

Market Overview	As of 01-Aug-2010
The Dow Jones Global Titans 50 Index rebounded with a positive return in July. Although economic data continued to point to a slower global growth momentum, investor sentiment was bolstered as second quarter US company earnings results were better than expected. The relatively benign results of the European bank stress tests also eased fears on the fallout of the European sovereign crisis. The Singapore dollar interest rate remained depressed on the back of flush liquidity conditions in the financial system. The Fund returned 0.4% (bid-to-bid basis) in July, outperforming the benchmark by 0.1%, as the Fund benefited from its exposure in the Dow Jones Global Titans 50 Index via a call option strategy.

  FactSheet (Cash & CPF)