A step-by-step guide to the PruFund smoothing process
Posted on: June 9, 2023
The PruFund funds aim to grow your money over the medium to long term (5-10 years or more). The funds use an established ‘smoothing process’ which aims to protect you from the short-term ups and downs of direct stock market investment. In other words, to give you a more stable rate of growth than you would get, if you were directly exposed to the daily changes in the fund’s underlying investment performance.