Fact sheet: Royal London Short Dur Credit

Fund information

Fund name
Royal London Short Duration Credit M Inc
Fund company manager
Royal London Unit Tst Mgrs Ltd
Fund type
OIC
Fund manager
Paola Binns
since 08/11/2013
Fund objective
To achieve a combination of mainly income with some capital growth over the medium term.
Benchmark
ML 1-5 year Sterling Non-Gilt All Stocks Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

6.02 %

1 Year rank in sector

64/82

Sector

UT Sterling Strategic Bond

Yield

3.6

Fund size

£ 250.9 m

FE Risk score

9

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • Corporate Bonds
    27.53%
  • Financial Services
    24.81%
  • Insurance
    12.11%
  • Investment Trusts
    9.35%
  • Utilities
    6.58%
  • Global Corporate Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.62 %3.8 %6.02 %12.69 %0 %
Sector1 %4.86 %8.1 %14 %31.5 %
Rank within sector64 / 8364 / 8364 / 8243 / 73 /
Quartile th4 th4 th4 th3 rd th

Calendar performance

YTD-20172016201520142013
Fund2.68 %5.27 %1.64 %4.76 %0 %
Sector3.3 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector59 / 8362 / 7711 / 7348 / 72 /
Quartile th3 rd4 th1 st3 rd th

Risk statistics

Alpha2.53
Beta0.35
Sharpe0.35
Volatility1.46
Tracking error2.36
Information ratio-0.06
R-Squared0.67

Price movement

52 week high104.8
52 week low100.8
Current bid price0
Current offer price0
Current mid price103.5

Holdings by region

  • 100% International

Holdings by sector

  • 27.53% Corporate Bonds
  • 24.81% Financial Services
  • 12.11% Insurance
  • 9.35% Investment Trusts
  • 6.58% Utilities
  • 6.32% Property
  • 4.81% Consumer Services
  • 2.67% Real Estate
  • 2.03% Mortgage & Secured Bonds
  • 1.45% Consumer Goods

Holdings by asset type

  • 100% Global Corporate Fixed Interest

Individual holdings

  • 1.47% EDINBURGH INVESTMENT TRUST 7.75% DEB STK 2022
  • 1.34% TEMPLE BAR INVESTMENT 9.875% 31/12/2017
  • 1.32% HBOS CAPITAL FUNDING 6.461% BDS 12/12/2049 GBP1000
  • 1.16% IMPERIAL BRANDS FINANCE PLC 9% GTD NTS 17/02/22 GBP50000
  • 1.15% HSBC BANK FUNDING 5.862% PERP BDS GBP1000
  • 1.14% T.H.F.C.(SOCIAL HOUSING FINANCE) 8.75% DEB STK 2021
  • 1.13% LEGAL & GENERAL GROUP 5.875% VRN PERPETU
  • 1.12% VALUE AND INCOME TRUST 11% 31/03/2021
  • 1.1% FIRST HYDRO FINANCE 9% GTD SEC BDS 31/7/2021 GBP(REGD)
  • 1.1% LLOYDS BANK PLC SUB CALL 5.75% TO FRN 9/7/25 GBP(VAR)