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

Fund Report

Royal London Short Duration Credit Z GBP Income

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date07/11/2013
NAV 06/12/2016GBX 101.90
Day Change0.00%
12 Month Yield3.59%
ISINGB00BD050B66
SEDOLBD050B6
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/2016163.27 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1,000,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.27%
AMC0.20%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

-

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

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

How has this security performed
20122013201420152016
Fund--4.911.644.24
Category--10.680.387.76
Benchmark--12.510.709.67
  • Fund: Royal London Short Duration Credit Z GBP Income
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD4.357.599.88
3 Years Annualised3.595.977.56
5 Years Annualised---
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 Profile31/08/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.440.001.44
Bonds95.280.0095.28
Cash6.384.342.04
Other1.250.001.25
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond73.53
Non-Agency Residential Mortgage Backed10.50
Commercial Mortgage Backed7.53
Asset Backed5.53
Cash & Equivalents2.20
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Temple Bar Invest Tr Plc, London 9.875% 2017-12-31United Kingdom2.10
Value & Income Debentur5 2021-03-31United Kingdom1.66
First Hydro Financ 9% 2021-07-31United Kingdom1.65
Halos 8.375% 2018-11-09United Kingdom1.34
Co-Operative Bk 4.75% 2021-11-11United Kingdom1.29
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.
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