Royal London Corporate Bond M Acc (FUND:B87FJ40) - Fund price - Overview

Fund Report

Royal London Corporate Bond Fund M GBP Acc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date26/11/2012
NAV 18/10/2018GBX 134.40
Day Change0.00%
12 Month Yield3.71%
ISINGB00B87FJ401
SEDOLB87FJ40
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/20181,217.15 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 Cost0.52%
AMC0.45%
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

Bloomberg Barclays Sterling Aggregate Corporate TR

Morningstar Analyst Rating™

Silver

Growth Of 10,000 (GBP) 30/09/2018

How has this security performed
201320142015201620172018
Fund2.2812.390.179.547.06-1.17
Category1.6810.680.389.714.84-1.78
Benchmark1.6412.510.7012.274.86-2.17
  • Fund: Royal London Corporate Bond Fund M GBP Acc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 18/10/2018
FundCatBmark
YTD-1.47-2.07-2.21
3 Years Annualised4.884.144.95
5 Years Annualised5.344.665.35
10 Years Annualised7.337.197.68

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 Profile30/09/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds99.335.4893.86
Cash14.789.934.86
Other1.290.001.29
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond66.96
Asset Backed14.69
Agency Mortgage Backed11.62
Covered Bond5.31
Cash & Equivalents4.88
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioLong Gilt Future Dec18 2018-12-27United Kingdom5.48
IncreaseHSBC Bank plc 5.38% 2033-08-22United Kingdom1.21
Standard Life Aberdeen Plc 6.75% 2027-07-12United Kingdom1.03
Co-Operative Bank plc 4.75% 2021-11-11United Kingdom0.94
AA Bond Co Limited 6.27% 2043-07-02United Kingdom0.87
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.
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