Fact sheet: Royal London Inv Grd Short Dtd Cr

Fund information

Fund name
Royal London Investment Grade Short Dated Credit Z
Fund company manager
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund manager(s)
Richard Nelson
since 07/12/2015
Paola Binns
since 07/12/2015
Fund objective
The investment objective of the Fund is to provide a return from a combination of income and capital growth by investing in a diversified portfolio of investment grade short dated bonds. The Fund will seek to outperform its benchmark, ML 1-5 year Sterling Non-Gilt All Stocks Index, by 0.25% per annum over rolling three year periods.
Benchmark
ML 1-5 year Sterling Non-Gilt Index
Investment style
Active
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

2.17 %

1 Year rank in sector

82/92

Sector

UT Sterling Corporate Bond

Yield

2.28

Fund size

£ 431.3 m

FE Risk score

10

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • BBB
    47.53%
  • A
    28%
  • AAA
    14.8%
  • AA
    9.68%
  • Global Corporate Fixed Interest
    96.38%
  • Global Index Linked
    2.26%
  • UK Gilts
    1.36%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.2 %0.87 %2.17 %0 %0 %
Sector0.49 %1.33 %3.47 %15.86 %26.77 %
Rank within sector88 / 9766 / 9782 / 92 / /
Quartile th4 th3 rd4 th th th

Calendar performance

YTD-20172016201520142013
Fund1.9 %3.47 %0 %0 %0 %
Sector3.83 %9.08 %-0.3 %10.06 %0.21 %
Rank within sector86 / 9587 / 88 / / /
Quartile th4 th4 th th th th

Price movement

52 week high101.9
52 week low100.5
Current bid price0
Current offer price0
Current mid price101.3

Holdings by region

  • 100% International

Holdings by sector

  • 47.53% BBB
  • 28% A
  • 14.8% AAA
  • 9.68% AA

Holdings by asset type

  • 96.38% Global Corporate Fixed Interest
  • 2.26% Global Index Linked
  • 1.36% UK Gilts

Individual holdings

  • 2.19% BG ENERGY CAPITAL PLC 6.5% 30/11/2072
  • 2.14% BARCLAYS BANK 6.75% VRN 16/01/2023 CPN R
  • 1.37% CO-OPERATIVE BANK PLC (THE) 4.75% GBL CVD BDS 11/11/21 GBP 2011-1
  • 1.32% HSBC BANK PLC 5% SUB EUR MED TRM NTS 20/3/23 GBP(VAR)
  • 1.16% HOLMES MASTER ISSUER PLC SER 1 CL A4 RES MTG BKD FRN 15/10/54 EUR
  • 1.16% STANDARD LIFE PLC 5.5% VRN 04/12/2042
  • 1.15% EDDYSTONE FINANCE PLC FLTG RATE NTS 19/04/21 EUR1000
  • 1.12% SEVERN TRENT UTILITIES FINANCE PLC 6% GTD NTS 22/01/18 GBP75000
  • 1.09% AA BOND CO LTD 4.2487% Bonds 31/07/2043
  • 1.07% WESTFIELD STRATFORD CITY FRN 04/11/2024