Royal London European Corporate Bond Z Inc
| Shares Class | Inc. |
|---|---|
| Yield | 0.97 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 0.97 |
| Total Expense Ratio | 0.00 |
Cumulative Performance
Discrete Performance
| Fund Size | 104,505,662.00 | Launch Date | 13/08/2012 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B7TFLF68 | Min Topup (£) | 50,000.00 | Ongoing Charge (%) | 0.3000 (on 31/12/2020) |
The Fund’s investment objective is to achieve a total return over the medium term (3-5 years) by investing at least 80% in investment-grade euro-denominated corporate bonds. The Fund's performance target is to outperform, after the deduction of charges, the ICE BofAML Euro Corporate & Pfandbrief Total Return GBP Index (the "Index") over rolling five year periods. For further information on the Fund's index, please refer to the Prospectus.
Rachid Semaoune
Rachid Semaoune joined RLAM in February 2015 as a Credit Fund Manager within the Fixed Income Team. Rachid joined from UBS Asset Management where he spent three years managing investment grade credit portfolios. Prior to this he was a Deputy Credit Fund Manager at Old Mutual Asset Management. Rachid began his investment career in 2001 at Gulf International Bank where he worked as a Credit Analyst and Deputy Fund Manager. Rachid studied for a PhD in Physics at Imperial College London and holds a Postgraduate Degree in Laser Physics from the Université Paris 13.
| Name | Weight |
|---|---|
| Australia | 1.00% |
| Belgium | 2.00% |
| Bermuda | 0.00% |
| British Virgin Islands | 0.00% |
| Canada | 0.00% |
| Cayman Islands | 0.00% |
| Denmark | 1.00% |
| Finland | 1.00% |
| France | 23.00% |
| Germany | 9.00% |
| Iceland | 0.00% |
| Ireland | 1.00% |
| Italy | 1.00% |
| Japan | 0.00% |
| Jersey | 0.00% |
| Luxembourg | 5.00% |
| Netherlands | 15.00% |
| Norway | 3.00% |
| Portugal | 0.00% |
| Slovakia | 0.00% |
| Spain | 1.00% |
| Sweden | 4.00% |
| Switzerland | 1.00% |
| UK | 7.00% |
| USA | 12.00% |
| Name | Weight |
|---|---|
| Consumer Goods | 11.00% |
| Consumer Services | 8.00% |
| Corporate Bonds | 1.00% |
| Financial Services | 26.00% |
| General Industrials | 7.00% |
| Insurance | 12.00% |
| Mortgage & Secured Bonds | 0.00% |
| Real Estate | 7.00% |
| Telecommunications | 10.00% |
| Utilities | 13.00% |
| Name | Weight |
|---|---|
| ALPHA TRAINS FINANCE 2.064% 30 | 1.00% |
| STOREBRAND LIVSFORSIKRING AS 6 | 1.00% |
| ACHMEA BV 6% BDS 04/04/43 EUR1 | 0.00% |
| ALLIANZ SE 5.625% BDS 17/10/42 | 0.00% |
| AVIVA PLC 6.125% VRN 05/07/204 | 0.00% |
| CNP ASSURANCES 6.875%/11-30.09 | 0.00% |
| GRANVIA A.S. 4.781% BDS 30/09/ | 0.00% |
| INVESTOR AB 4.5% NTS 12/05/23 | 0.00% |
| STATKRAFT 1.5% NTS 26/03/30 EU | 0.00% |
| STATNETT SF 1.25% NTS 26/04/30 | 0.00% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.