Royal London Short Duration Credit Fund

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

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

£0.948/£0.948

arrow-down£0.00 (-0.04%)

Fund Code

RODMI

BJ4KW80

GB00BJ4KW800

Prices updated as at 17 May 2024
|
Prices in GBP
Investment objective
The Fund’s investment objective is to achieve a total return over the medium term, which should be considered as a period of 3-5 years, by predominantly investing in sterling-denominated bonds, which will primarily be short-duration (5 years or less). At least 80% of the Fund will be invested in the bonds of companies and other organisations (known as corporate bonds) that are listed in sterling, of which 70% will have a duration of less than five years. Floating-rate notes, asset-backed securities, supranational bonds and agency bonds are included in this segment of the Fund.
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 30/04/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large value

57.13%

% Weight
Value
Core
Growth
Large

57

5

17

Medium

3

6

2

Small

3

5

1

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.61
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA1.7
    AA3.84
    A18.61
    BBB48.45
    BB17.8
    B-
    Below B-
    Not Rated9.6

Valuation

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund M Income
GBP Corporate Bond - Short Term

8.02

8.02
-

1.24

1.24
-

0.72

0.72
-

7.89

7.89
-

Growth rate

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund M Income
GBP Corporate Bond - Short Term

15.60%

15.60%
-

2.92%

2.92%
-

5.24%

5.24%
-

Top 10 holdings

1
Unique Pub Finance Co plc 5.68%
Sector
-
Country
United Kingdom
% of assets
1.9363
2
HSBC Holdings PLC 7.597%
Sector
-
Country
United Kingdom
% of assets
1.4294
3
Electricite de France SA 6.13%
Sector
-
Country
France
% of assets
1.26054
4
M&G PLC 5.964%
Sector
-
Country
United Kingdom
% of assets
1.09237
5
BNP Paribas SA 2.178%
Sector
-
Country
France
% of assets
1.07383
6
Legal & General Group PLC 5.891%
Sector
-
Country
United Kingdom
% of assets
1.05624
7
Assicurazioni Generali S.p.A. 6.224%
Sector
-
Country
Italy
% of assets
1.01558
8
Westfield Stratford City Finance No.2 PLC 1.821%
Sector
-
Country
United Kingdom
% of assets
0.93518
9
Barclays PLC 8.004%
Sector
-
Country
United Kingdom
% of assets
0.92497
10
NGG Finance PLC 5.687%
Sector
-
Country
United Kingdom
% of assets
0.90334
Assets in top 10 holdings %

11.63%

Total no. of equity holdings

2.00

Total no. of bond holdings

299.00

Stock sectors

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund M Income
GBP Corporate Bond - Short Term

82.49%

Basic materials

0.73%
-

Con cyclical

7.52%
-

Financial svs

73.68%
-

Real estate

0.56%
-

11.49%

Comm services

2.09%
-

Energy

1.99%
-

Industrials

1.83%
-

Technology

5.58%
-

6.02%

Con defensive

2.08%
-

Healthcare

2.82%
-

Utilities

1.12%
-

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.