Royal London Corporate Bond Fund

Select share classes

Royal London Corporate Bond Fund M Inc

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

104.20p/104.20p

arrow-down-0.50p (-0.48%)

Fund Code

ROCMI

B6XZQT4

GB00B6XZQT43

Prices updated as at 21 May 2025
|
Prices in GBX
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 investing predominantly in sterling-denominated corporate bonds. At least 80% of the Fund will be invested in investment grade corporate bonds and in index linked corporate bonds, securitisations, supranational bonds, agency bonds, floating-rate notes and asset-backed securities, each denominated in sterling or hedged back to sterling. These investments will generally be fixed-rate issues (bonds paying interest at an unchanging rate, rather than on an adjustable basis).
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 30/04/2025

Asset allocation

Created with Highcharts 7.2.21.49% Stocks105.87% Bonds-12.84% Cash5.48% Other0% Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.20.610.6199.3999.39Middle EastUnited Kingdom

Market classification (%)

Created with Highcharts 7.2.2100100EmergingDeveloped

Stock style

Large core

79.64%

% Weight
Value
Core
Growth
Large

0

80

0

Medium

1

7

2

Small

2

6

3

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.5
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA3.41
    AA7.56
    A13.36
    BBB55.78
    BB12.35
    B-
    Below B2.79
    Not Rated4.75

Valuation

Royal London Corporate Bond Fund M Inc
GBP Corporate Bond

8.52

8.52
12.70

1.47

1.47
1.02

0.76

0.76
1.88

8.65

8.65
7.94

Growth rate

Royal London Corporate Bond Fund M Inc
GBP Corporate Bond

18.90%

18.90%
9.45%

3.05%

3.05%
4.04%

43.97%

43.97%
-2.42%

Top 10 holdings

Security nameSectorCountry% of assets
1Icf Long Gilt Future Jun 2025--16.69
210 Year Treasury Note Future June 25-United States2.86
3HSBC Capital Funding (Sterling 1) L.P. 5.844%-United Kingdom2.72
4Legal & General Group PLC 5.5%-United Kingdom2.04
5Virgin Money UK PLC 7.625%-United Kingdom1.63
6Co-Operative Bank Holdings Ltd(The) 6%-United Kingdom1.61
7Barclays Bank PLC AT1 Securities 2014-without fixed maturity Subord Conv Fl-United Kingdom1.36
8Generali S.p.A. 6.269%-Italy1.35
9Co-Operative Bank Holdings Ltd(The) 9.5%-United Kingdom1.29
10M&G PLC 6.34%-United Kingdom1.25
Assets in top 10 holdings %

32.81%

Total no. of equity holdings

1.00

Total no. of bond holdings

324.00

Stock sectors

Royal London Corporate Bond Fund M Inc
GBP Corporate Bond

90.22%

Basic materials

0.30%
-

Con cyclical

5.13%
-

Financial svs

83.95%
-

Real estate

0.84%
-

8.05%

Comm services

1.41%
-

Energy

-
-

Industrials

4.91%
-

Technology

1.72%
-

1.73%

Con defensive

1.40%
-

Healthcare

0.00%
-

Utilities

0.33%
-


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.


Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
© Copyright 2025 Morningstar. All rights reserved.