Royal London Diversified ABS 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

157.80p/157.80p

arrow-up0.10p (+0.06%)

Fund Code

RODZA

B4K6P77

GB00B4K6P774

Prices updated as at 15 Nov 2024
|
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 31/10/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

28.90%

% Weight
Value
Core
Growth
Large

10

29

10

Medium

7

15

6

Small

8

10

6

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.48
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA9.38
    AA10.52
    A22.26
    BBB30.31
    BB-
    B-
    Below B13.7
    Not Rated13.83

Valuation

Royal London Diversified ABS Fund Z Acc
GBP Corporate Bond

9.64

9.64
-

1.01

1.01
-

1.08

1.08
-

7.83

7.83
-

Growth rate

Royal London Diversified ABS Fund Z Acc
GBP Corporate Bond

15.42%

15.42%
-

3.66%

3.66%
-

37.24%

37.24%
-

Top 10 holdings

1
Trs Cig 4.58% 28/03/25 Fix R
Sector
-
Country
-
% of assets
8.24978
2
Trs Cig 28/03/25 Flt P
Sector
-
Country
-
% of assets
8.21755
3
United Kingdom of Great Britain and Northern Ireland 3.5%
Sector
-
Country
United Kingdom
% of assets
2.22185
4
Barclays Bank PLC AT1 Securities 2014-without fixed maturity Subord Conv Fl
Sector
-
Country
United Kingdom
% of assets
1.36043
5
Legal & General Group PLC 5.5%
Sector
-
Country
United Kingdom
% of assets
1.31736
6
British Land Company PLC 5.264%
Sector
-
Country
United Kingdom
% of assets
1.26691
7
HSBC Capital Funding (Sterling 1) L.P. 5.844%
Sector
-
Country
United Kingdom
% of assets
1.23342
8
Peterborough (Progress Health) plc 5.581%
Sector
-
Country
Australia
% of assets
1.10881
9
Telereal Securitisation plc 5.8279%
Sector
-
Country
United States
% of assets
1.04328
10
Parkmore Point RMBS 2022-1 PLC 6.7296%
Sector
-
Country
United Kingdom
% of assets
1.03901
Assets in top 10 holdings %

27.06%

Total no. of equity holdings

1.00

Total no. of bond holdings

293.00

Stock sectors

Royal London Diversified ABS Fund Z Acc
GBP Corporate Bond

60.24%

Basic materials

3.13%
-

Con cyclical

17.41%
-

Financial svs

36.99%
-

Real estate

2.71%
-

28.68%

Comm services

4.97%
-

Energy

3.11%
-

Industrials

13.12%
-

Technology

7.47%
-

11.08%

Con defensive

4.71%
-

Healthcare

4.13%
-

Utilities

2.24%
-


Important Information

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