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

£0.954/£0.954

arrow-up£0.00 (+0.01%)

Fund Code

RODMI

BJ4KW80

GB00BJ4KW800

Prices updated as at 14 Mar 2025
|
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 31/01/2025

Asset allocation

Created with Highcharts 7.2.21.08% Stocks93.58% Bonds1.28% Cash4.06% Other0% Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.20.790.791.791.791.871.872.222.224.164.1612.5512.5576.1476.14CanadaLatin AmericaAsia - DevelopedAsia - EmergingEurozoneUnited StatesUnited Kingdom

Market classification (%)

Created with Highcharts 7.2.2449696EmergingDeveloped

Stock style

Large core

61.85%

% Weight
Value
Core
Growth
Large

7

62

12

Medium

5

3

4

Small

4

2

1

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.6
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA2.65
    AA3.03
    A18.61
    BBB49.87
    BB16.94
    B-
    Below B-
    Not Rated8.9

Valuation

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

9.08

9.08
10.32

1.44

1.44
1.48

0.88

0.88
0.99

8.05

8.05
8.67

Growth rate

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

18.85%

18.85%
18.87%

3.15%

3.15%
2.86%

44.89%

44.89%
42.52%

Top 10 holdings

Security nameSectorCountry% of assets
1BNP Paribas SA 2%-France1.71
2M&G PLC 5.625%-United Kingdom1.45
3Co-operative Group Ltd 7.5%-United Kingdom1.09
4Co-Operative Bank Holdings Ltd(The) 6%-United Kingdom1.03
5Legal & General Group PLC 5.5%-United Kingdom1.03
6Electricite de France SA 7.375%-France0.96
7HSBC Holdings PLC 8.201%-United Kingdom0.94
8Generali S.p.A. 6.269%-Italy0.92
9Westfield Stratford City Finance No.2 PLC 1.642%-United Kingdom0.91
10NatWest Group PLC 5.642%-United Kingdom0.85
Assets in top 10 holdings %

10.89%

Total no. of equity holdings

1.00

Total no. of bond holdings

329.00

Stock sectors

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

74.99%

Basic materials

1.16%
-

Con cyclical

12.49%
-

Financial svs

60.13%
-

Real estate

1.21%
-

17.22%

Comm services

4.54%
-

Energy

2.93%
-

Industrials

2.08%
-

Technology

7.66%
-

7.80%

Con defensive

3.00%
-

Healthcare

3.23%
-

Utilities

1.58%
-


Important Information

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