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

Fund Report

Royal London Short Duration Credit Z GBP Income

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date07/11/2013
NAV 20/03/2018GBX 103.40
Day Change0.00%
12 Month Yield3.74%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/2017276.69 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%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

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

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 28/02/2018

How has this security performed
  • Fund: Royal London Short Duration Credit Z GBP Income
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 20/03/2018
3 Years Annualised3.353.353.78
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 Profile31/08/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond74.18
Agency Mortgage Backed12.93
Asset Backed10.70
Covered Bond1.47
Cash & Equivalents0.73
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseHm Grp 2019-05-11United Kingdom1.82
Edinburgh Inv Tst 7.75% 2022-09-30United Kingdom1.31
Delamare Fin 5.5457% 2029-02-19United Kingdom1.21
Hbos Cap Fdg Germany1.19
Aa Bond Co FRN 2043-07-31United Kingdom1.18
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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