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
OIC
Fund manager
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 All Stocks
Investment style
Active
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

3.64 %

1 Year rank in sector

87/90

Sector

UT Sterling Corporate Bond

Yield

2.3

Fund size

£ 348.6 m

FE Risk score

9

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • BBB
    50.2273%
  • A
    24.002%
  • AAA
    14.8446%
  • AA
    10.9261%
  • Global Corporate Fixed Interest
    96.87%
  • UK Index-Linked Gilts
    2.07%
  • Global Index Linked
    1.06%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.3 %1.86 %3.64 %0 %0 %
Sector1.01 %5.18 %8.82 %20.08 %34.21 %
Rank within sector88 / 9790 / 9587 / 90 / /
Quartile th4 th4 th4 th th th

Calendar performance

YTD-20172016201520142013
Fund1.66 %3.47 %0 %0 %0 %
Sector4.12 %9.08 %-0.3 %10.06 %0.21 %
Rank within sector92 / 9586 / 88 / / /
Quartile th4 th4 th th th th

Price movement

52 week high102.1
52 week low100.4
Current bid price0
Current offer price0
Current mid price101.7

Holdings by region

  • 100% International

Holdings by sector

  • 50.2273% BBB
  • 24.002% A
  • 14.8446% AAA
  • 10.9261% AA

Holdings by asset type

  • 96.87% Global Corporate Fixed Interest
  • 2.07% UK Index-Linked Gilts
  • 1.06% Global Index Linked

Individual holdings

  • 2.16% BG ENERGY CAPITAL PLC 6.5% 30/11/2072
  • 2.07% UK TREASURY 1.25% 22/11/17 INDX LKD 3MO GBP
  • 1.67% HSBC BANK PLC 5% SUB EUR MED TRM NTS 20/3/23 GBP(VAR)
  • 1.55% ARKLE MASTER ISSUER 3.986% 17/08/2017
  • 1.45% HOLMES MASTER ISSUER PLC SER 1 CL A4 RES MTG BKD FRN 15/10/54 EUR
  • 1.44% SOCIETY LLOYDS 7.421% VRN PERPERTUALCPN
  • 1.37% BARCLAYS BANK 6.75% VRN 16/01/2023 CPN R
  • 1.35% WESTFIELD STRATFORD CITY FRN 04/11/2024
  • 1.33% PHOENIX NATURAL GAS FINANCE PLC 5.5% GTD BDS 10/07/17 GBP50000
  • 1.3% CO-OPERATIVE BANK 4.75% GBL CVD BDS 11/11/21 GBP 2011-1