Royal London Sterling Credit M GBP Acc (FUND:B8GJ8S0) - Overview

Fund Report

Royal London Sterling Credit Fund M GBP Acc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NamePaola Binns
Inception Date26/11/2012
NAV 05/12/2016GBX 124.00
Day Change0.24%
12 Month Yield4.10%
ISINGB00B8GJ8S05
SEDOLB8GJ8S0
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016971.57 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time12:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.50%
AMC0.45%
Fund Rebate-

Morningstar Rating™

4 Stars

Benchmarks

Fund Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund-1.6812.450.357.07
Category-1.6810.680.387.76
Benchmark-1.6412.510.709.67
  • Fund: Royal London Sterling Credit Fund M GBP Acc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 05/12/2016
FundCatBmark
YTD6.907.599.88
3 Years Annualised6.315.977.56
5 Years Annualised---
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 Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.220.000.22
Bonds95.660.0095.66
Cash7.745.472.27
Other1.850.001.85
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond73.39
Asset Backed8.45
Commercial Mortgage Backed7.41
Non-Agency Residential Mortgage Backed5.99
Cash & Equivalents2.67
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseRmpa Svcs 5.337% 2038-09-30United Kingdom0.87
Places For People 5.09% 2043-07-31United Kingdom0.82
New since last portfolioAnnington Fin No4 2022-12-07United Kingdom0.82
Cmnwlth Bk Of Aust 3% 2026-09-04Australia0.82
Co-Operative Bk 4.75% 2022-11-11United Kingdom0.78
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 Trafford House, Chester Road, Manchester M32 0RS. 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 2016 Morningstar. All rights reserved.