Royal London Short Duration Credit Z Acc
Latest (Mid) Price:
GBX 110.50
Day Change:
-0.09%
| Shares Class | Inc. |
|---|---|
| Yield | 2.88 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 1,109,326,534.00 | Launch Date | 08/11/2013 | 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 | GB00BJ4KW917 | Min Topup (£) | 50,000.00 | Ongoing Charge (%) | 0.3100 (on 31/12/2020) |
Fund Objective
The Fund’s investment objective is to achieve a total return over the medium term (3-5 years) by investing at least 80% in sterling-denominated bonds, of which at least 70% will be short duration (5 years or less). The Fund’s performance target is to outperform the ICE Bank of America Merrill Lynch 1–5 Year Sterling Non-Gilt Index (the “Index”) over a rolling 5-year period. For further information on the Fund's index, please refer to the Prospectus.
Fund Managers
Paola Binns
Paola Binns is a Senior Fund Manager within the Fixed Income team. She joined Royal London in 2007 from Credit Suisse Asset Management and has over 20 years' investment experience.
Asset Breakdown
| Name | Weight |
|---|---|
| American Corporate Fixed Inter | 1.00% |
| American Emerging Corporate Fi | 0.00% |
| Asia Pacific Emerging Fixed In | 0.00% |
| Australian Corporate Fixed Int | 1.00% |
| Canadian Corporate Fixed Inter | 0.00% |
| Danish Corporate Fixed Interes | 0.00% |
| Dutch Corporate Fixed Interest | 3.00% |
| French Corporate Fixed Interes | 6.00% |
| GCC Corporate Fixed Interest | 0.00% |
| German Corporate Fixed Interes | 2.00% |
| Irish Corporate Fixed Interest | 0.00% |
| Italian Corporate Fixed Intere | 0.00% |
| Japanese Corporate Fixed Inter | 0.00% |
| Luxembourg Corporate Fixed Int | 0.00% |
| New Zealand Corporate Fixed In | 0.00% |
| Norwegian Corporate Fixed Inte | 1.00% |
| Spanish Corporate Fixed Intere | 0.00% |
| Swedish Corporate Fixed Intere | 0.00% |
| Swiss Corporate Fixed Interest | 0.00% |
| UK Corporate Fixed Interest | 75.00% |
| US Corporate Fixed Interest | 2.00% |
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 1.00% |
| Bermuda | 0.00% |
| Canada | 0.00% |
| Cayman Islands | 1.00% |
| Denmark | 0.00% |
| France | 6.00% |
| Germany | 2.00% |
| Guernsey | 0.00% |
| Ireland | 0.00% |
| Italy | 0.00% |
| Japan | 0.00% |
| Jersey | 2.00% |
| Luxembourg | 0.00% |
| Marshall Islands | 0.00% |
| Netherlands | 3.00% |
| New Zealand | 0.00% |
| Norway | 1.00% |
| Spain | 0.00% |
| Sweden | 0.00% |
| Switzerland | 0.00% |
| UK | 71.00% |
| USA | 2.00% |
| United Arab Emirates | 0.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Consumer Goods | 2.00% |
| Consumer Services | 5.00% |
| Corporate Bonds | 25.00% |
| Financial Services | 27.00% |
| General Industrials | 3.00% |
| Government Agency Bonds | 0.00% |
| Index Linked | 0.00% |
| Insurance | 15.00% |
| Investment Trusts | 3.00% |
| Mortgage & Secured Bonds | 1.00% |
| Property | 3.00% |
| Real Estate | 2.00% |
| Telecommunications | 2.00% |
| Utilities | 5.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| CO-OPERATIVE BANK PLC (THE) 4. | 1.00% |
| DELAMARE FINANCE 5.5457% 19/02 | 1.00% |
| EDINBURGH INVESTMENT TST PLC ( | 1.00% |
| FIRST HYDRO FINANCE PLC 9% GTD | 1.00% |
| INCOME CONTINGENT STU LN1 2002 | 1.00% |
| MGNLN 3 7/8 07/20/49 | 1.00% |
| HSBC BANK PLC 5.375% 04/11/203 | 0.00% |
| INCOME CONTINGENT STU LN2 2007 | 0.00% |
| LLOYDS BANK PLC 7.625% NTS 22/ | 0.00% |
| WELLS FARGO BANK NA 5.25% SUBO | 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.
Fund data supplied by
