Royal London Sterling Credit Z Acc
Latest (Mid) Price:
GBX 108.40
Day Change:
+0.28%
| Shares Class | Inc. |
|---|---|
| Yield | 2.96 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 2,896,331,798.00 | Launch Date | 01/09/2008 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BKLJX955 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 0.3500 (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 lest 80% in corporate bonds, which will mainly be valued in sterling. The Fund’s performance target is to outperform, after the deduction of charges, the iBoxx Sterling Non-Gilts Total Return GBP 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 |
|---|---|
| Global Corporate Fixed Interes | 97.00% |
| Global Government Fixed Intere | 0.00% |
| Global Index Linked | 0.00% |
| UK Gilts | 1.00% |
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 1.00% |
| British Virgin Islands | 0.00% |
| Canada | 0.00% |
| Cayman Islands | 1.00% |
| Denmark | 0.00% |
| Finland | 0.00% |
| France | 4.00% |
| Germany | 1.00% |
| Guernsey | 0.00% |
| Ireland | 1.00% |
| Italy | 0.00% |
| Jersey | 2.00% |
| Luxembourg | 0.00% |
| Mexico | 0.00% |
| Netherlands | 2.00% |
| Norway | 0.00% |
| Sweden | 0.00% |
| Switzerland | 0.00% |
| UK | 76.00% |
| USA | 3.00% |
| United Arab Emirates | 0.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Consumer Goods | 1.00% |
| Consumer Services | 3.00% |
| Corporate Bonds | 27.00% |
| Financial Services | 20.00% |
| General Industrials | 2.00% |
| Government Agency Bonds | 0.00% |
| Government Bonds | 0.00% |
| Index Linked | 0.00% |
| Insurance | 13.00% |
| Investment Trusts | 0.00% |
| Mortgage & Secured Bonds | 0.00% |
| Property | 10.00% |
| Real Estate | 5.00% |
| Telecommunications | 1.00% |
| Utilities | 7.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| AVIVA 6.875%/ FRN 20/05/58 GBP | 1.00% |
| HM TREASURY UNITED KINGDOM DMO | 1.00% |
| E ON INTERNATIONAL FINANCE BV | 0.00% |
| ELECTRICITE DE FRANCE 5.875% V | 0.00% |
| ELECTRICITE DE FRANCE 6% 23/01 | 0.00% |
| HSBC BANK PLC 4.75% SUBORD NTS | 0.00% |
| HSBC BANK PLC 5.375% 04/11/203 | 0.00% |
| M&G PLC 5.7% DATED TIER 2 NTS | 0.00% |
| SANTANDER UK 10.0625% PERP | 0.00% |
| THAMES WATER UTILITIES CAYMAN | 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
