RLBF II Royal London Ethical Bond Z Inc (FUND:BJ4KSZ9) - Fund price


Fund Report

Royal London Bond Funds II ICVC - Royal London Ethical Bond Fund Z Income

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameEric Holt
Inception Date12/04/2019
NAV 29/05/2020GBP 1.16
Day Change0.09%
12 Month Yield2.46%
ISINGB00BJ4KSZ90
Dividend FrequencyQuarterly
Net Assets (mil) 30/04/20201,018.55 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost0.40%
AMC0.30%
Fund Rebate0.00%

Morningstar Rating™

5 Stars

Morningstar® Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar Analyst Rating™ *

Bronze

Growth Of 10,000 (GBP) 30/04/2020

How has this security performed
201520162017201820192020
Fund0.728.877.03-1.1110.18-0.51
Category0.389.714.84-2.319.620.37
Benchmark0.4910.664.33-1.539.271.17
  • Fund: Royal London Bond Funds II ICVC - Royal London Ethical Bond Fund Z Income
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 29/05/2020
FundCatBmark
YTD-0.251.332.06
3 Years Annualised3.603.153.43
5 Years Annualised4.604.324.60
10 Years Annualised6.575.966.07

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 income and to maintain capital over the medium (5 years) to long term (7 years) by investing predominantly in Sterling bonds, including floating rate notes, issued by companies and organisations which meet the Fund's predefined ethical criteria.

Portfolio Profile30/04/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.260.001.26
Bonds92.220.0092.22
Cash1.440.341.10
Other5.420.005.42
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond66.10
Agency Mortgage Backed12.45
Asset Backed11.80
Covered Bond2.81
Convertible2.57
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Prudential plc 6.12% 2031-12-19United Kingdom0.97
Thames Water Utilities Finance Ltd 7.74% 2058-04-09United Kingdom0.94
Places for People Homes Limited 3.62% 2028-11-22United Kingdom0.89
Income Contingent Student Loans 1 2002-2006 PLC 1.86% 2056-07-24United Kingdom0.86
Aviva Plc 6.88% 2058-05-20United Kingdom0.84
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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