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 - Short Term
Manager NamePaola Binns
Inception Date12/04/2019
NAV 13/04/2021GBP 1.11
Day Change0.00%
12 Month Yield3.27%
Dividend FrequencySemi-Annually
Net Assets (mil) 28/02/20211,079.89 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%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar® Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

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

Morningstar® Benchmark

Markit iBoxx GBP NonGilts 1-5 TR

Growth Of 10,000 (GBP) 31/03/2021

How has this security performed
  • Fund: Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund M Accumulation
  • Category: GBP Corporate Bond - Short Term
  • Benchmark: Markit iBoxx GBP NonGilts 1-5 TR
Trailing Returns % (GBP) 13/04/2021
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 Profile28/02/2021

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 Bond67.77
Agency Mortgage Backed15.24
Asset Backed10.69
Covered Bond2.07
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseFirst Hydro Finance plc 9% 2021-07-31United Kingdom1.61
Co-Operative Bank plc 4.75% 2021-11-11United Kingdom1.13
IncreaseIncome Contingent Student Loans 1 2002-2006 PLC 1.32% 2056-07-24United Kingdom1.12
M&G PLC 3.88% 2049-07-20United Kingdom1.10
IncreaseIncome Contingent Student Loans 2 (2007-2009)PLC 1.32% 2058-07-24United Kingdom1.02
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.
© Copyright 2021 Morningstar. All rights reserved.