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
OEIC
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 Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

4.16 %

1 Year rank in sector

33/81

Sector

UT Sterling Strategic Bond

Yield

3.37

Fund size

£ 276.7 m

FE Risk score

10

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • Corporate Bonds
    25.09%
  • Financial Services
    24.84%
  • Insurance
    12.29%
  • Investment Trusts
    8.97%
  • Property
    7.52%
  • Global Corporate Fixed Interest
    99.85%
  • Global Index Linked
    0.15%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.29 %1.89 %4.16 %12.67 %0 %
Sector-0.56 %2.25 %3 %12.89 %25.61 %
Rank within sector40 / 8348 / 8233 / 8143 / 73 /
Quartile th2 nd3 rd2 nd3 rd th

Calendar performance

YTD-20172016201520142013
Fund3.38 %5.27 %1.64 %4.76 %0 %
Sector3.57 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector47 / 8262 / 7612 / 7350 / 72 /
Quartile th3 rd4 th1 st3 rd th

Risk statistics

Alpha2.73
Beta0.35
Sharpe0.47
Volatility1.45
Tracking error2.33
Information ratio0.06
R-Squared0.68

Price movement

52 week high104.8
52 week low101.4
Current bid price0
Current offer price0
Current mid price104.2

Holdings by region

  • 100% International

Holdings by sector

  • 25.09% Corporate Bonds
  • 24.84% Financial Services
  • 12.29% Insurance
  • 8.97% Investment Trusts
  • 7.52% Property
  • 6.96% Utilities
  • 4.81% Consumer Services
  • 3.03% Real Estate
  • 2.16% Consumer Goods
  • 1.72% Mortgage & Secured Bonds

Holdings by asset type

  • 99.85% Global Corporate Fixed Interest
  • 0.15% Global Index Linked

Individual holdings

  • 1.82% HOME GROUP 0% 11/05/2019
  • 1.31% EDINBURGH INVESTMENT TRUST 7.75% DEB STK 2022
  • 1.21% DELAMARE FINANCE 5.5457% 19/02/2029
  • 1.19% HBOS CAPITAL FUNDING 6.461% BDS 12/12/2049 GBP1000
  • 1.18% AA BOND CO LTD 4.2487% Bonds 31/07/2043
  • 1.18% TEMPLE BAR INVESTMENT 9.875% 31/12/2017
  • 1.08% CO-OPERATIVE BANK PLC (THE) 4.75% GBL CVD BDS 11/11/21 GBP 2011-1
  • 1.08% HSBC BANK FUNDING 5.862% PERP BDS GBP1000
  • 1.06% IMPERIAL BRANDS FINANCE PLC 9% GTD NTS 17/02/22 GBP50000
  • 1.05% BUILDING PROPERTY HOLDINGS 9.125% 31/12/2020