RLBF II Royal London Shrt Dur Crdt M Acc (FUND:BJ4KW79) - Fund price


Fund Report

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund M Accumulation

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NamePaola Binns
Inception Date12/04/2019
NAV 13/11/2019GBP 1.06
Day Change0.09%
12 Month Yield3.81%
ISINGB00BJ4KW792
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2019961.19 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost0.35%
AMC0.25%
Fund Rebate-

Morningstar Rating™

Not Rated

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

Markit iBoxx GBP NonGilts TR

Growth Of 10,000 (GBP) 31/10/2019

How has this security performed
201420152016201720182019
Fund-----5.28
Category-----9.54
Benchmark-----9.60
  • Fund: Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund M Accumulation
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 13/11/2019
FundCatBmark
YTD5.288.688.45
3 Years Annualised---
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 investment return through income but with some capital growth over the medium (5 years) term.

Portfolio Profile31/10/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks2.990.002.99
Bonds91.630.0491.59
Cash6.404.941.45
Other3.980.003.98
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond66.23
Agency Mortgage Backed15.76
Asset Backed11.25
Convertible3.11
Covered Bond2.03
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseDelamare Finance Plc 5.55% 2029-02-19United Kingdom1.53
New since last portfolioFirst Hydro Finance plc 9% 2021-07-31United Kingdom1.42
IncreaseCo-Operative Bank plc 4.75% 2021-11-11United Kingdom1.12
Prudential plc 3.88% 2049-07-20United Kingdom1.11
NATS (En Route) plc 5.25% 2026-03-31United Kingdom1.01
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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