The PGIM Jennison Global Opportunities Fund is managed by Jennison Associates, an autonomous unit within PGIM specializing in fundamental equity management with $194 billion in assets under management as of April 2024. The fund was launched on March 14, 2012, and operates multiple share classes including Class A (PRJAX), Class C (PRJCX), Class R6 (PRJQX), and Class Z (PRJZX) with varying fee structures. PGIM, Inc. serves as the investment adviser, headquartered at 655 Broad Street, Newark, NJ 07102, and manages approximately $1.5 trillion in assets globally as of September 30, 2025. The fund has received industry recognition including Barron's #4 ranking among fund families for 2024 and a Morningstar Bronze Medal rating. Assets under management vary across sources and share classes, with figures ranging from $1.28 billion to $6.57 billion depending on the specific share class and jurisdiction. The fund demonstrates strong performance with a 10-year annualized return of 13.7% and 23.6% return for 2024. Portfolio characteristics include 42 securities with top 10 holdings comprising 54.6% of assets, significant technology sector concentration at 45%, and high portfolio turnover of 122%.

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The fund employs an unconstrained global investment approach, seeking long-term growth of capital by investing globally without regional or benchmark restraints. The strategy emphasizes broad global diversification and targets future market leaders worldwide with sustainable competitive advantages and strong alpha potential. The investment process features a deliberate high-growth, high-conviction secular growth-focused approach that identifies companies in the early stages of acceleration in their growth with durable growth franchises. The fund invests primarily in equity and equity-related securities of companies located around the world without limitations on foreign securities exposure. The approach allows managers to seek the best equity opportunities worldwide without being constrained by regional allocations or benchmark requirements. Risk management focuses on currency fluctuations, emerging market volatility, and growth style investing considerations. The fund maintains sector concentration in technology and growth companies while pursuing geographic diversification across developed and emerging markets. ESG factors are incorporated into the investment process, with the UCITS version maintaining carbon intensity at least 50% lower than the MSCI ACWI benchmark.

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