Royal London Sterl Extra Yld Bd A (FUND:3257148) - Fund price


Fund Report

Royal London Sterling Extra Yield Bond Fund A

Key Stats
Morningstar® CategoryGBP Flexible Bond
Manager Name-
Inception Date11/04/2003
NAV 11/10/2019GBP 1.18
Day Change-0.14%
12 Month Yield5.64%
ISINIE0032571485
Dividend FrequencyQuarterly
Net Assets (mil) 31/03/20191,924.75 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost0.83%
AMC0.75%
Fund Rebate0.05%

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

FTSE Act UK Cnvt Gilts Over 15 Yr TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 30/09/2019

How has this security performed
201420152016201720182019
Fund6.801.089.0113.951.266.88
Category5.990.508.474.74-2.127.63
Benchmark13.870.4710.802.64-0.1311.24
  • Fund: Royal London Sterling Extra Yield Bond Fund A
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 11/10/2019
FundCatBmark
YTD6.377.259.45
3 Years Annualised7.382.953.78
5 Years Annualised6.153.975.28
10 Years Annualised9.515.455.84

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

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.

Portfolio Profile31/03/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks2.190.002.19
Bonds84.340.0084.34
Cash1.250.001.25
Other12.210.0012.21
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond72.67
Convertible8.30
Agency Mortgage Backed8.11
Asset Backed7.76
Preferred1.62
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
EI Group Plc 6.38% 2031-09-26United Kingdom2.23
Co-operative Group Ltd 7.5% 2026-08-07United Kingdom2.21
Electricite de France SA 5.88% 2049-07-22France2.18
Santander UK PLC 10.06% 2049-10-29United Kingdom2.14
Intergen NV 7.5% 2021-06-30Netherlands1.98
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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