Fact sheet: Royal London Sht DrGbIdx Lkd

Fund information
Fund name
Royal London Short Duration Global Index Linked M Inc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund manager
  • Paul Raynersince 23/02/2016
Fund objective
The Fund seeks to maximise investment return through both income and capital growth over the medium term.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Global Bonds
Yield
0.4%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.26%
Fund size
£55m (£23m last year)
Mid price
102.4
Top in this sector
Fund name1 Year
M&G Global gvt bnd28.8%
Aberdeen World Gov Bd24.9%
Scot Wid Overseas FxIn Trk24.4%
Threadneedle EurpHdBd24.4%
BlackRock OseaCorBdTrk24%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-0.8%1.4%---
Sector-3.6%-1.8%5.8%11.7%13.1%19.7%
Rank within sector22 / 6920 / 7052 / 70---
Quartile2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector11%-1.3%3.8%-2%6.1%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high104.5
52 week low100
Current bid price-
Current offer price-
Current mid price102.4
Region
1International100%
Industry sector
1Short dated bonds54.2%
2Medium dated bonds45.8%
Asset type
1Global Fixed Interest100%
Individual holdings
1US TREASURY 0.125% INDEX LINKED 15/04/202113.6%
2TREASURY 1.25% IDX-LKD GILT 22/11/17 GBP0.0112.1%
3UK TREASURY 2.5% INDEX LINKED 16/04/20207.3%
4UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1005.3%
5UNITED STATES OF AMER TREAS NOTES 0.125% NTS 15/04/19 USD10004.6%
6UNITED STATES OF AMER TREAS NOTES 0.125% TB 15/07/24 USD10003.8%
7UK TREASURY 1.875% 22/11/20223.7%
8FRANCE(GOVT OF) 0.25% BDS 25/07/18 EUR12.7%
9AUSTRALIA(COMMONWEALTH OF) 3% BDS 20/09/25 AUD100 (CDI)2.3%
Management
Fund manager group
Royal London Unit Tst Mgrs
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund objective
The Fund seeks to maximise investment return through both income and capital growth over the medium term.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Paul Rayner23/02/2016Paul Rayner is Head of Government Bonds at RLAM and works closely with Government Bond Fund Manager Craig Inches. He is supported by a skilled and experienced team of specialist investors across all disciplines employed within the fund. Paul joined RLAM in June 2005 from SG Asset Management where he was Head of UK Bonds. Paul has over 25 years experience in managing UK and global government bonds and is a graduate in Economics from the University of Kent.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London Short Duration Global Index Linked M Inc
Initial charge-
Annual charge0.2%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.4
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJPBV
Royal London Short Duration Global Index Linked Z Inc
Initial charge-
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.6
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJPBW
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.