Objective

The investment objective of the PGIM Jennison U.S. Growth Fund (the "Fund") is to seek long-term growth of capital by investing primarily in US based companies with above-average growth in revenues, earnings, and cash flows. Jennison Associates has determined that the Fund qualifies as a Light Green Fund, which seeks to comply with the principles of Article 8 of the SFDR. The Fund will incorporate environmental, social and governance (“ESG”) factors into its investment process and promotes sustainability characteristics by maintaining a weighted average carbon intensity that is at least 50% lower than that of the Russell 1000 Index. Please see the Company's Fund Documents as defined below for additional information. The Fund reclassified from Article 6 to Article 8 on 16 August 2022.

fast-growing companies

High-conviction secular growth-focused investment approach  primarily seeking fast-growing U.S. companies with long-term growth potential

diverse growth opportunities

Distinct portfolio of dominant, established growth businesses and early-stage companies that may transform into market leaders

50+ year track record

Deeply skilled team leveraging Jennison Associates’ 50+ year heritage of identifying winning secular growth trends and companies

All data as of 24 September 2025 unless otherwise indicated.
Fund features
Investment Manager: Jennison
Domicile: Ireland
Benchmark:
Base Currency: USD
Dealing: Daily
Fund Net Assets (USD mm): 562.80
SFDR Classification: Article 8
share class features

Where an investor's own currency is different to the currency of the fund, the return on investment may be affected by fluctuations in the currency exchange rate. Also, the use of financial derivative instruments may result in increased gains or losses within the Fund.

fees
Entry Charge: None
Exit Charge: None
Management (%): 0.65
Ongoing Charges (%): 0.70
Switching Fee: None

Swing pricing, as defined in the prospectus, may be applied on a subscription or redemption of shares to reflect the costs of dealing in the Fund's assets.

Symbols
ISIN: IE00BYWYQP46
SEDOL: BYWYQP4
WKN:
Bloomberg:

Source: PGIM, Inc. Past performance is no guarantee of future results.

This is a marketing communication. Further information about the Fund (including the current Prospectus and Fund Supplement, net asset value per share of the Fund, and most recent financial statements) is available from the applicable distributor.

This Summary Fund Profile is a financial promotion and qualified in its entirety by reference to the more complete information contained in the Company’s Prospectus (the “Prospectus”), Supplement (the “Supplement”) and Key Investor Information Document (the “KIID”) or Key Information Document (the "KID"), depending on the jurisdition (collectively the “Fund Documents”). Capitalised terms used herein without definition have the respective meanings provided in the Prospectus, Supplement and KIID/KID, as applicable. Investors should review the Fund Documents and seek advice prior to making an investment.

RISKS

An investment in the Fund involves a high degree of risk, including the risk that the entire amount invested may be lost. The Fund is primarily designed to purchase certain investments, which will introduce significant risk to the Fund, including asset performance, price volatility, administrative risk and counterparty risk. No guarantee or representation is made that any Fund’s investment program will be successful, or that such Fund’s returns will exhibit low correlation with an investor’s traditional securities portfolio.

Any investment in the Fund will be deemed to be a speculative investment and is not intended as a complete investment program. Investment in the Fund is suitable only for persons who can bear the economic risk of the loss of their investment and who meet the conditions set forth in the Fund Documents. There can be no assurances that the Fund will achieve its investment objective. Prospective and existing Investors should carefully consider the risks involved in an investment in the Fund, including, but not limited to, those discussed in the Fund Documents. Prospective and existing Investors should consult their own legal, tax and financial advisors about the risks of an investment in the Fund. Any such risk could have a material adverse effect on the Fund and its Shareholders.

 

ABOUT

Jennison Associates, founded in 1969, is a leading active equity manager with $208 billion in assets under management (as of 31 Mar 2024) and employs an investment process rooted in fundamental, bottom-up research. The firm has expertise in managing growth, global, value, and specialty equity strategies, with a mission to generate superior long-term performance for investors.

Blair A. Boyer
Blair A. Boyer

Managing Director, Co-Head of Large Cap Growth Equity Team and a Large Cap Growth Equity Portfolio Manager

Jennison Associates

Blair Boyer is a managing director, co-head of the large cap growth equity team and a large cap growth equity portfolio manager.

Natasha Kuhlkin, CFA
Natasha Kuhlkin, CFA

Co-Head of Growth Equity

Jennison Associates

Natasha Kuhlkin, CFA is the co-head of growth equity and a large cap growth equity portfolio manager.

Kathleen A. McCarragher
Kathleen A. McCarragher

Managing Director, Co-Head of Growth Equity

Jennison Associates

Kathleen A. McCarragher is a managing director, head of growth equity, and Large Cap Growth Equity portfolio manager.

Owuraka Koney, CFA
Owuraka Koney, CFA

Managing Director

Large Cap Growth Portfolio Manager

Jennison Associates

Owuraka Koney is a large cap growth portfolio manager and an equity research analyst covering industrials, consumer internet, and media companies

Source: PGIM, Inc. Past performance is no guarantee of future results.

This is a marketing communication. Further information about the Fund (including the current Prospectus and Fund Supplement, net asset value per share of the Fund, and most recent financial statements) is available from the applicable distributor.

This Summary Fund Profile is a financial promotion and qualified in its entirety by reference to the more complete information contained in the Fund Documents. Capitalised terms used herein without definition have the respective meanings provided in the Fund Documents as applicable. Investors should review the Fund Documents and seek advice prior to making an investment.

4627974    Ed. 07/2025

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There is no guarantee that this objective will be achieved. Portfolio characteristics subject to change. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.