Fact sheet: Royal London Durtn Hgd Crdt

Fund information

Fund name
Royal London Duration Hedged Credit Z Acc
Fund company manager
Royal London Unit Tst Mgrs Ltd
Fund type
OIC
Fund manager
Paola Binns
since 24/09/2012
Fund objective
The fund aims to achieve a positive absolute return over the medium (5 years) to long (7 years) term in all market conditions. The fund does not offer any element of capital protection or guarantee that this return will be achieved.
Benchmark
LIBOR 3 month GBP
Investment style
Absolute Return
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

8.83 %

1 Year rank in sector

20/71

Sector

UT Targeted Absolute Return

Yield

2.92

Fund size

£ 167.5 m

FE Risk score

22

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    111.1%
  • Not Specified
    -11.1%
  • Corporate Bonds
    25.96%
  • Government Bonds
    17.6%
  • Financial Services
    15.64%
  • Investment Trusts
    12.52%
  • Insurance
    10.72%
  • Global Corporate Fixed Interest
    94.45%
  • UK Gilts
    17.19%
  • Global Government Fixed Interest
    0.41%
  • Alternative Investment Strategies
    -12.04%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.94 %4.51 %8.24 %5.54 %0 %
Sector0.49 %2.48 %5.11 %7.67 %18.73 %
Rank within sector21 / 7820 / 7720 / 7137 / 57 /
Quartile th2 nd2 nd2 nd3 rd th

Calendar performance

YTD-20172016201520142013
Fund4.32 %2.53 %0.18 %1.47 %6.36 %
Sector2.22 %0.97 %2.2 %2.51 %6.51 %
Rank within sector17 / 7728 / 7050 / 6445 / 5523 / 50
Quartile th1 st2 nd4 th4 th2 nd

Risk statistics

Alpha-0.29
Beta0.29
Sharpe-0
Volatility3.84
Tracking error5.33
Information ratio-1.01
R-Squared0.2

Price movement

52 week high118.3
52 week low106.9
Current bid price0
Current offer price0
Current mid price118.2

Holdings by region

  • 111.1% International
  • -11.1% Not Specified

Holdings by sector

  • 25.96% Corporate Bonds
  • 17.6% Government Bonds
  • 15.64% Financial Services
  • 12.52% Investment Trusts
  • 10.72% Insurance
  • 8.09% Utilities
  • 6.95% Real Estate
  • 4.93% Consumer Services
  • 3.55% Property
  • 3.02% Telecommunications

Holdings by asset type

  • 94.45% Global Corporate Fixed Interest
  • 17.19% UK Gilts
  • 0.41% Global Government Fixed Interest
  • -12.04% Alternative Investment Strategies

Individual holdings

  • 13.1% HM TREASURY UNITED KINGDOM DMO 1.25% GILT 22/7/18 GBP0.01
  • 4.1% HM TREASURY UNITED KINGDOM DMO 5% GILT 07/03/18 GBP
  • 2.1% HSBC BANK PLC 5.375%CALL SUB STEP UP NTS11/30GBP1000
  • 1.8% TELEREAL SECURITISATION FLTG RATE NTS 10/12/33 GBP1000`B6`
  • 1.3% FINANCE FOR RESIDENT SOCIAL HOUSING SER`1`CL`A1`AS BKD8.369%NT 2058 REG`S`BR
  • 1.3% LAW DEBENTURE FINANCE 6.125% GTD SEC BDS 12/10/2034 GBP(VAR)
  • 1.2% CO-OPERATIVE BANK 4.75% GBL CVD BDS 11/11/21 GBP 2011-1
  • 1.2% EDINBURGH INVESTMENT TRUST 7.75% DEB STK 2022
  • 1.2% GROSVENOR UK FINANCE 6.5% DEB STK 29/9/2026 GBP1
  • 1.2% WESTERN POWER DISTRIBUTION EAST MID 5.75% NTS 10/12/40 GBP100000