Royal London Sterling Credit Z Inc (FUND:B4W1ZT2) - Fund price - Overview

Fund Report

Royal London Sterling Credit Fund Z Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NamePaola Binns
Inception Date01/09/2008
NAV 17/08/2018GBX 137.00
Day Change0.15%
12 Month Yield3.73%
ISINGB00B4W1ZT22
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/01/20181,648.55 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 Cost0.35%
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

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/07/2018

How has this security performed
201320142015201620172018
Fund1.8712.690.479.197.29-0.89
Category1.6810.680.389.714.84-1.44
Benchmark1.6412.510.7012.274.86-1.67
  • Fund: Royal London Sterling Credit Fund Z Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 17/08/2018
FundCatBmark
YTD0.00-0.72-0.76
3 Years Annualised5.324.505.40
5 Years Annualised6.245.316.12
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund seeks to maximise long term returns mainly through investment in sterling fixed interest securities. UK government bonds or non-sterling bonds may be held as the Manager deems appropriate. To achieve this objective the Fund may hold transferable securities (including Exchange Traded Funds which are closed-ended funds), government and public securities, deposits and cash (for the purposes of EPM and redemption of units).

Portfolio Profile31/01/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds98.160.0098.16
Cash4.654.150.49
Other1.350.001.35
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond68.16
Asset Backed14.04
Agency Mortgage Backed8.83
Covered Bond4.10
Government1.95
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Apt Pipelines 3.5% 2030-03-22Australia0.81
Rmpa Svcs 5.337% 2038-09-30United Kingdom0.81
Places For People 5.09% 2043-07-31United Kingdom0.77
United Kingdom (Government Of) 1.25% 2018-07-22United Kingdom0.76
Upp Bond Issuer Pl 4.9023% 2040-02-28United Kingdom0.76
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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.
© Copyright 2018 Morningstar. All rights reserved.