Royal London Diversified Asset-Backed Credit Fund Z Acc

Category GBP Corporate Bond
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

171.70p/171.70p

arrow-up0.30p (+0.18%)

Fund Code

RODZA

B4K6P77

GB00B4K6P774

Prices updated as at 17 Dec 2025
|
Prices in GBX
Investment objective
The Fund’s investment objective is to achieve a positive absolute return in all market conditions over rolling 3-year periods, by predominantly investing in asset-backed securities and other sterling-denominated corporate bonds. At least 80% of the Fund’s assets will be invested in asset-backed securities and other sterling corporate bonds, which will generally be fixed or floating-rate issues (such as floating rate notes).
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/11/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

37.72%

% Weight
Value
Core
Growth
Large

6

38

8

Medium

7

17

6

Small

5

11

3

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.35
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA8.51
    AA11.16
    A16.1
    BBB37.02
    BB-
    B-
    Below B15.04
    Not Rated12.18

Valuation

Royal London Diversified Asset-Backed Credit Fund Z Acc
GBP Corporate Bond

10.20

10.20
9.36

1.33

1.33
0.90

1.42

1.42
1.19

9.41

9.41
6.58

Growth rate

Royal London Diversified Asset-Backed Credit Fund Z Acc
GBP Corporate Bond

12.65%

12.65%
11.75%

2.88%

2.88%
3.19%

38.94%

38.94%
41.60%

Top 10 holdings

1
HSBC Capital Funding (Sterling 1) L.P. 5.844%
Sector
-
Country
United Kingdom
% of assets
2.053
2
Highways 2021 Plc 5.33431%
Sector
-
Country
United Kingdom
% of assets
1.66023
3
Dwr Cymru (Financing) UK PLC 10.35491%
Sector
-
Country
United Kingdom
% of assets
1.51404
4
Westfield Stratford City Finance No.2 PLC 1.642%
Sector
-
Country
United Kingdom
% of assets
1.40429
5
British Land Company PLC 5.264%
Sector
-
Country
United Kingdom
% of assets
1.3283
6
Aviva PLC 4%
Sector
-
Country
United Kingdom
% of assets
1.32104
7
Barclays Bank PLC AT1 Securities 2014-without fixed maturity Subord Conv Fl
Sector
-
Country
United Kingdom
% of assets
1.30555
8
United Kingdom of Great Britain and Northern Ireland 1.5%
Sector
-
Country
United Kingdom
% of assets
1.2669
9
Co-Operative Bank Holdings Ltd(The) 9.5%
Sector
-
Country
United Kingdom
% of assets
1.21676
10
Unique Pub Finance Co plc 6.464%
Sector
-
Country
United Kingdom
% of assets
1.07212
Assets in top 10 holdings %

14.14%

Total no. of equity holdings

1.00

Total no. of bond holdings

286.00

Stock sectors

Royal London Diversified Asset-Backed Credit Fund Z Acc
GBP Corporate Bond

64.70%

Basic materials

1.68%
-

Con cyclical

15.00%
-

Financial svs

44.41%
-

Real estate

3.61%
-

25.42%

Comm services

3.80%
-

Energy

2.76%
-

Industrials

11.68%
-

Technology

7.17%
-

9.89%

Con defensive

5.63%
-

Healthcare

2.35%
-

Utilities

1.90%
-


Important Information

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