Fact sheet: Royal London ShtDr GblHY Bd

Fund information

Fund name
Royal London Short Duration Global High Yield Bond M Inc
Fund company manager
Royal London Asset Mgmt (IRL)
Fund type
SIB
Fund manager
Stephen Tapley
since 15/02/2013
Fund objective
To provide income. The Fund seeks to achieve its investment objective by outperforming its benchmark, the 3 Month LIBOR (the “Benchmark”) by 2% per annum over rolling three year periods.
Benchmark
3 Months LIBOR
Investment style
Active,High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

3.04 %

1 Year rank in sector

2/2

Sector

FO Fixed Int - GBP High Yield

Yield

4.92

Fund size

£ 1.0 b

FE Risk score

8

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • Consumer Services
    35.15%
  • Telecommunications
    31.17%
  • General Industrials
    20.65%
  • Consumer Goods
    8.61%
  • Real Estate
    2.4%
  • Global Corporate Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.3 %1.7 %3.04 %11.61 %0 %
Sector0.63 %2.07 %0.66 %5.94 %18.77 %
Rank within sector2 / 22 / 22 / 22 / 2 /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund2.14 %4.27 %4.64 %2.53 %0 %
Sector2.67 %5.4 %-3.5 %6.92 %3.17 %
Rank within sector2 / 22 / 21 / 21 / 2 /
Quartile th th th th th th

Risk statistics

Alpha3.45
Beta0.08
Sharpe0.07
Volatility1.22
Tracking error5.27
Information ratio0.36
R-Squared0.13

Price movement

52 week high0.936
52 week low0.8983
Current bid price0
Current offer price0
Current mid price0.9044

Holdings by region

  • 100% International

Holdings by sector

  • 35.15% Consumer Services
  • 31.17% Telecommunications
  • 20.65% General Industrials
  • 8.61% Consumer Goods
  • 2.4% Real Estate
  • 2.01% Financial Services

Holdings by asset type

  • 100% Global Corporate Fixed Interest

Individual holdings

  • 1.5% CSC HOLDINGS LLC 10.125% 15/01/2023
  • 1.49% ARQIVA BROADCAST HOLDINGS 9.5% BDS 31/03/20 GBP100000 144A
  • 1.49% LGE HOLDCO VI BV 7.125% 15/05/2024
  • 1.49% ONEX WIZARD ACQUISITION CO II 7.75% BDS 15/02/23 EUR1000144A
  • 1.48% CCO HLDGS LLC/CAP CORP 5.25% NTS 15/03/21 USD1000
  • 1.47% SABLE INTERNATIONAL FINANCE LTD 6.875% BDS 01/08/22 USD200000 144A
  • 1.47% VTR FINANCE BV 6.875% BDS 15/01/2024 USD200000
  • 1.45% Centene Corp 5.625% FEB 15 21
  • 1.42% UNIVISION COMMUNICATIONS INC 6.75% BDS 15/09/22 USD1000 144A
  • 1.38% SCHAEFFLER FINANCE BV 3.5% BDS 15/05/22 EUR100000