Royal London Sterling Extra Yield Bond Fund A

Name
Royal London Sterling Extra Yield Bond Fund A
Manager
Royal London Unit Trust Managers Ltd
Type
Open Ended Investment Company
ISIN
IE0032571485
Sector
£ Strategic Bond
Launched
11/04/2003
OCF
0.83 %
Risk Rating
3
3 Year Sharpe
2.33
3 Year Alpha
8.14
Yield
5.6 %
Benchmark
FTSE Act UK Cnvt Gilts Over 15 Yr TR GBP
The fund’s objective is to achieve a high level of income and to achieve gross redemption yield of 1.25 times the gross redemption yield of the FTSE Actuaries British Government 15 year index. The above objective applies to Class A and Class B shares in each of the sub-funds. The sub-fund seeks to achieve its investment objective by investing at least 75% of its assets in Sterling denominated securities traded principally on the London Stock Exchange or over the counter markets. The sub-fund may also invest up to 25% of its assets in non-Sterling denominated securities traded principally on European, U.S., Canadian and Australian exchanges or over the counter markets.
Holding %
Santander UK PLC 10.06% 2.27 %
EI Group Plc 6.38% 2.21 %
Electricite de France SA 5.88% 2.15 %
Co-operative Group Ltd 7.5% 2.13 %
Intergen NV 7.5% 2.07 %
Amedeo Air Four Plus 1.76 %
Anglian Water (Osprey) Financing Plc 4% 1.67 %
Heathrow Finance plc 3.88% 1.53 %
Premiertel 6.18% 1.42 %
Centrica plc 5.25% 1.41 %
Region %
United Kingdom 70.30 %
Europe - ex Euro 17.86 %
Canada 6.42 %
Sector %
Energy 49.49 %
Financial Services 45.76 %
Name
Royal London Unit Trust Managers Ltd
Address
EC3V 0RL, London, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Rachid Semaoune
Joined 01/02/2019
Eric Holt
Joined 04/11/2003

Eric joined Refuge Assurance’s investment team in 1979, having been initially recruited into the Actuarial department. He has overall responsibility for RLAM’s credit research process and has extensive knowledge of UK corporate bonds, which has been his main focus for twenty years. Eric is a graduate of Nottingham University with a degree in mathematics and is an associate of the Institute of Actuaries.

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.