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
OEIC
Fund manager(s)
Shalin Shah
since 01/06/2015
Paola Binns
since 01/06/2015
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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

6.88 %

1 Year rank in sector

14/73

Sector

UT Targeted Absolute Return

Yield

2.04

Fund size

£ 175.4 m

FE Risk score

21

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • Corporate Bonds
    25.8%
  • Government Bonds
    16.39%
  • Financial Services
    14.22%
  • Investment Trusts
    12.43%
  • Insurance
    9.61%
  • Global Corporate Fixed Interest
    93.7%
  • UK Gilts
    15.97%
  • Global Government Fixed Interest
    0.42%
  • Alternative Investment Strategies
    -10.09%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0 %3.55 %6.88 %8.33 %18.05 %
Sector0.71 %2.28 %3.19 %9.09 %16.46 %
Rank within sector60 / 7819 / 7614 / 7336 / 5923 / 50
Quartile th4 th1 st1 st3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund5.65 %2.53 %0.18 %1.47 %6.36 %
Sector3.05 %0.97 %2.2 %2.51 %6.51 %
Rank within sector15 / 7628 / 6950 / 6445 / 5523 / 50
Quartile th1 st2 nd4 th4 th2 nd

Risk statistics

Alpha0.46
Beta0.28
Sharpe-0
Volatility3.85
Tracking error5.46
Information ratio-0.84
R-Squared0.18

Price movement

52 week high120
52 week low111.9
Current bid price0
Current offer price0
Current mid price119.7

Holdings by region

  • 100% International

Holdings by sector

  • 25.8% Corporate Bonds
  • 16.39% Government Bonds
  • 14.22% Financial Services
  • 12.43% Investment Trusts
  • 9.61% Insurance
  • 8.38% Real Estate
  • 8.07% Utilities
  • 4.39% Consumer Services
  • 3.98% Property
  • 3.2% Telecommunications

Holdings by asset type

  • 93.7% Global Corporate Fixed Interest
  • 15.97% UK Gilts
  • 0.42% Global Government Fixed Interest
  • -10.09% Alternative Investment Strategies

Individual holdings

  • 12.1% HM TREASURY UNITED KINGDOM DMO 1.25% GILT 22/7/18 GBP0.01
  • 3.9% HM TREASURY UNITED KINGDOM DMO 5% GILT 07/03/18 GBP
  • 1.9% BRITISH LAND CO PLC 5.264% 1ST MTG DEB BDS 24/09/35 GBP(VAR)
  • 1.7% TELEREAL SECURITISATION FLTG RATE NTS 10/12/33 GBP1000`B6`
  • 1.4% HSBC BANK PLC 5.375%CALL SUB STEP UP NTS11/30GBP1000
  • 1.3% LAW DEBENTURE FINANCE 6.125% GTD SEC BDS 12/10/2034 GBP(VAR)
  • 1.2% FINANCE FOR RESIDENT SOCIAL HOUSING SER`1`CL`A1`AS BKD8.369%NT 2058 REG`S`BR
  • 1.2% WESTERN POWER DISTRIBUTION EAST MID 5.75% NTS 10/12/40 GBP100000
  • 1.1% CO-OPERATIVE BANK PLC (THE) 4.75% GBL CVD BDS 11/11/21 GBP 2011-1
  • 1.1% EDINBURGH INVESTMENT TRUST 7.75% DEB STK 2022