Royal London Corporate Bond Z Inc (FUND:B3MBXC4) - Fund price


Fund Report

Royal London Corporate Bond Fund Z Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date30/04/2010
NAV 26/06/2019GBX 105.50
Day Change0.09%
12 Month Yield3.78%
ISINGB00B3MBXC47
SEDOLB3MBXC4
Dividend FrequencyQuarterly
Net Assets (mil) 31/05/20191,378.13 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.41%
AMC0.30%
Fund Rebate0.05%

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar Analyst Rating™ *

Growth Of 10,000 (GBP) 31/05/2019

How has this security performed
201420152016201720182019
Fund12.610.309.677.21-1.815.72
Category10.680.389.714.84-2.315.04
Benchmark12.200.4910.664.33-1.534.91
  • Fund: Royal London Corporate Bond Fund Z Inc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 26/06/2019
FundCatBmark
YTD7.456.606.34
3 Years Annualised5.764.514.49
5 Years Annualised5.794.945.40
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The investment objective of the Fund is to maximise investment return (predominantly income with some capital growth) over the medium to long term from a portfolio comprising mainly of corporate fixed interest securities. To achieve this objective the Fund may hold transferable securities, including Exchange Traded Funds (but not those which are collective investment schemes), government and public securities, deposits and cash (for the purposes of EPM and redemption of units).

Portfolio Profile31/05/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.870.000.87
Bonds97.926.4791.44
Cash17.8111.945.87
Other1.820.001.82
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond62.31
Asset Backed17.50
Agency Mortgage Backed13.20
Cash & Equivalents6.07
Covered Bond4.77
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioLong Gilt Future Sept19 2019-09-26United Kingdom4.25
New since last portfolioUS 10 Year Note (CBT) Sept19 2019-09-192.19
HSBC Bank plc 5.38% 2033-08-22United Kingdom1.36
Lloyds Bank plc 6% 2029-02-08United Kingdom1.14
IncreaseThames Water Utilities Finance Ltd 7.74% 2058-04-09United Kingdom1.06
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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