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 23/07/2021GBX 111.40
Day Change0.18%
12 Month Yield3.41%
ISINGB00B3MBXC47
Dividend FrequencyQuarterly
Net Assets (mil) 30/06/20211,377.55 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™

5 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™

Bronze

Growth Of 10,000 (GBP) 30/06/2021

How has this security performed
201620172018201920202021
Fund9.677.21-1.8110.988.110.25
Category9.714.84-2.319.628.71-2.19
Benchmark10.664.33-1.539.277.80-2.47
  • Fund: Royal London Corporate Bond Fund Z Inc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 23/07/2021
FundCatBmark
YTD1.43-0.94-1.25
3 Years Annualised6.225.474.98
5 Years Annualised5.254.163.61
10 Years Annualised6.695.985.71

Morningstar SRRI

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

Investment Objective

The Fund’s investment objective is to achieve a total return over the medium term, which should be considered as a period of 3-5 years, by investing predominantly in sterling-denominated corporate bonds. At least 80% of the Fund will be invested in corporate bonds denominated in sterling or hedged back to sterling, which will generally be fixed-rate issues (bonds paying interest at an unchanging rate, rather than on an adjustable basis).

Portfolio Profile30/06/2021

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.960.000.96
Bonds95.252.0893.17
Cash18.9917.031.96
Other3.910.003.91
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond65.97
Agency Mortgage Backed13.68
Asset Backed13.54
Covered Bond2.38
Convertible2.27
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
10 Year Treasury Note Future Sept 21 2021-09-212.02
Aviva Plc 6.88% 2058-05-20United Kingdom1.91
HSBC Bank plc 4.75% 2046-03-24United Kingdom1.76
HSBC Bank plc 5.38% 2033-08-22United Kingdom1.24
Thames Water Utilities Finance PLC 7.74% 2058-04-09United Kingdom1.24
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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