Royal London GMAP Defensive Fund

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Royal London GMAP Defensive Fund M GBP Acc

Category GBP Allocation 20-40% Equity
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

135.20p/135.20p

arrow-up0.40p (+0.30%)

Fund Code

RGDMA

BD8RSJ8

GB00BD8RSJ84

Prices updated as at 17 Dec 2025
|
Prices in GBX
Investment objective
The Fund’s investment objective is to achieve capital growth over the medium term, which should be considered as a period of 3-5 years, by predominantly (ie at least 80%) investing in a range of different asset classes including (but not limited to) shares and bonds through investment in Collective Investment Schemes (CIS). At least 80% of the Fund will be invested in CIS, which can invest in shares of UK and overseas companies (UK companies are those domiciled in the UK, or which have significant UK business operations), and investment grade and sub-investment grade bonds. At least 70% of the Fund’s CIS holdings will be managed by Royal London Unit Trust Managers (RLUTM) or another Royal London Group company. And where the manager believes it is in the best interests of the Fund, they may invest up to 20% of the Fund’s assets directly in shares, bonds and closed ended funds.
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

40.20%

% Weight
Value
Core
Growth
Large

23

40

22

Medium

4

5

3

Small

1

1

0

  • Interest rate risk

    Bond %
    Avg credit qualityBBB
    Avg wtd coupon3.82
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA3.32
    AA56.63
    A8.65
    BBB20.33
    BB4.88
    B3.89
    Below B1.14
    Not Rated1.16

Valuation

Royal London GMAP Defensive Fund M GBP Acc
GBP Allocation 20-40% Equity

15.36

15.36
17.49

1.92

1.92
2.02

2.32

2.32
2.74

10.57

10.57
11.97

Growth rate

Royal London GMAP Defensive Fund M GBP Acc
GBP Allocation 20-40% Equity

10.00%

10.00%
10.45%

3.71%

3.71%
2.17%

2.17%

2.17%
13.36%

Top 10 holdings

1
Royal London UK Government Bond R Acc
Sector
-
Country
United Kingdom
% of assets
13.30814
2
Royal London Inv Grade SD Credit R Acc
Sector
-
Country
United Kingdom
% of assets
10.04112
3
Royal London Sterling Credit R Acc
Sector
-
Country
United Kingdom
% of assets
9.03838
4
Royal London Short Duration Gilts R Acc
Sector
-
Country
United Kingdom
% of assets
8.77837
5
Royal London Global HY Bd R GBP Acc
Sector
-
Country
Ireland
% of assets
5.24841
6
Royal London Index Linked R Acc
Sector
-
Country
United Kingdom
% of assets
5.07659
7
Royal London Property Trust A Acc
Sector
-
Country
United Kingdom
% of assets
5.05775
8
Royal London Shrt Dur Glb Idx Lnkd R Acc
Sector
-
Country
United Kingdom
% of assets
4.97408
9
Royal London Short Term Money Mkt R Acc
Sector
-
Country
United Kingdom
% of assets
4.39611
10
Micro E-mini S&P 500 Index Future Dec 25
Sector
-
Country
United States
% of assets
4.12782
Assets in top 10 holdings %

70.05%

Total no. of equity holdings

-

Total no. of bond holdings

3.00

Stock sectors

Royal London GMAP Defensive Fund M GBP Acc
GBP Allocation 20-40% Equity

34.27%

Basic materials

2.82%
-

Con cyclical

12.95%
-

Financial svs

17.36%
-

Real estate

1.15%
-

52.81%

Comm services

9.56%
-

Energy

4.20%
-

Industrials

12.68%
-

Technology

26.37%
-

12.92%

Con defensive

6.18%
-

Healthcare

6.63%
-

Utilities

0.10%
-


Important Information

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