Royal London UK Government Bond Fund M Inc

Buy/Sell Price  (as of 21/10/2016) £1.101   Day Change :  0.64%     Fund Code:  ROVMI 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Craig joined RLAM in January 2009 as a Fund Manager with the Fixed Interest Team. He is responsible for the management of government bond portfolios including index linked bonds, gilts and non UK sovereign debt. Craig joins RLAM after an 11 year career at Scottish Widows Investment Partnership (SWIP). He has an MSc in Investment Analysis from Stirling University and a BSc (Hons) in Actuarial Mathematics and Statistics from Heriot-Watt University.


Paul joined RLAM in June 2005 from SG Asset Management where he was Head of UK Bonds. He focuses on UK and International Government Bonds. Paul has 22 years experience in Fixed Income. He joined Hambros Bank in 1983 where he specialised in Fixed Income Fund management and was appointed a Director in 1996. In March 1998 he joined SG Asset Management with responsibility for the UK fixed income and cash funds. Paul is a graduate in Economics from the University of Kent.
Investment HouseRoyal London
Fund ProviderRoyal London Asset Management Ltd
ManagerCraig Inches   Biography
ManagerPaul Rayner   Biography

Fund Objective To achieve a combination of income and capital growth over the medium (5 years) to long term (7 years).

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £1.15
12-Month NAV Low £1.00
Fund Comparative IndexFTSE Gilts All Stocks TR GBP
Morningstar CategoryTMGBP Government Bond
Dividend FrequencyTwice Yearly
Distribution Yield2.69%
Underlying Yield0.99%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall3 star
3 Years3 star
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  21/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

The investment policy of this fund means it can be more than 35% invested in Government and public securities.  These can be issued or guaranteed by other countries and Governments.  For a full list please refer to the fund's prospectus.

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