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

171.40p/171.40p

arrow-down-0.10p (-0.06%)

Fund Code

RODZA

B4K6P77

GB00B4K6P774

Prices updated as at 12 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 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

36.55%

% Weight
Value
Core
Growth
Large

7

37

7

Medium

8

17

6

Small

6

10

4

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.47
    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

11.48

11.48
-

1.34

1.34
-

1.36

1.36
-

9.33

9.33
-

Growth rate

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

12.05%

12.05%
-

3.01%

3.01%
-

38.46%

38.46%
-

Top 10 holdings

1
HSBC Capital Funding (Sterling 1) L.P. 5.844%
Sector
-
Country
United Kingdom
% of assets
1.97746
2
Highways 2021 Plc 5.32767%
Sector
-
Country
United Kingdom
% of assets
1.66401
3
Dwr Cymru (Financing) UK PLC 10.35491%
Sector
-
Country
United Kingdom
% of assets
1.50313
4
British Land Company PLC 5.264%
Sector
-
Country
United Kingdom
% of assets
1.33933
5
Westfield Stratford City Finance No.2 PLC 1.642%
Sector
-
Country
United Kingdom
% of assets
1.32634
6
Barclays Bank PLC AT1 Securities 2014-without fixed maturity Subord Conv Fl
Sector
-
Country
United Kingdom
% of assets
1.31302
7
Co-Operative Bank Holdings Ltd(The) 9.5%
Sector
-
Country
United Kingdom
% of assets
1.27109
8
United Kingdom of Great Britain and Northern Ireland 1.5%
Sector
-
Country
United Kingdom
% of assets
1.26941
9
Aviva PLC 4%
Sector
-
Country
United Kingdom
% of assets
1.21212
10
Peterborough (Progress Health) plc 5.581%
Sector
-
Country
Australia
% of assets
1.03808
Assets in top 10 holdings %

13.91%

Total no. of equity holdings

1.00

Total no. of bond holdings

295.00

Stock sectors

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

65.58%

Basic materials

1.68%
-

Con cyclical

16.02%
-

Financial svs

44.25%
-

Real estate

3.63%
-

24.70%

Comm services

3.76%
-

Energy

2.57%
-

Industrials

11.19%
-

Technology

7.17%
-

9.72%

Con defensive

5.74%
-

Healthcare

2.21%
-

Utilities

1.77%
-


Important Information

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