Royal London Short Dur Crdt Z GBP Inc (FUND:BD050B6) - Fund price - Overview

Fund Report

Royal London Short Duration Credit Fund Z Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date07/11/2013
NAV 14/12/2018GBX 100.20
Day Change0.00%
12 Month Yield3.91%
ISINGB00BD050B66
SEDOLBD050B6
Dividend FrequencySemi-Annually
Net Assets (mil) 31/05/2018454.43 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.28%
AMC0.20%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE BofAML 1-5Y Sterling Non-Gilt TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/11/2018

How has this security performed
201320142015201620172018
Fund-4.911.645.374.690.41
Category-10.680.389.714.84-2.90
Benchmark-12.510.7012.274.86-3.47
  • Fund: Royal London Short Duration Credit Fund Z Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 14/12/2018
FundCatBmark
YTD0.31-2.32-2.09
3 Years Annualised3.333.744.53
5 Years Annualised3.344.555.41
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The Fund seeks to maximise investment return through income but with some capital growth over the medium to long term. To achieve this objective the Fund will invest predominantly in UK short dated corporate fixed interest securities. The Fund may also invest in other debt securities such as UK corporate bonds with longer maturities, non-UK corporate bonds, floating rate notes, government and public securities and money market instruments, and also in other transferable securities, cash, near cash and collective investment schemes.

Portfolio Profile31/05/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.660.000.66
Bonds100.620.00100.62
Cash4.486.76-2.28
Other1.000.001.00
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond76.44
Agency Mortgage Backed11.62
Asset Backed9.60
Covered Bond2.72
Government Related0.96
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseCo-Operative Bank plc 4.75% 2021-11-11United Kingdom1.80
Canary Wharf Finance II plc 1.23% 2037-10-22United Kingdom1.27
IncreaseDelamare Finance Plc 5.55% 2029-02-19United Kingdom1.18
Home Group 0% 2019-05-11United Kingdom1.12
Bank of Scotland Capital Funding LP 7.75% United Kingdom1.09
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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