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

£0.959/£0.959

arrow-down£-0.003 (-0.33%)

Fund Code

RODMI

BJ4KW80

GB00BJ4KW800

Prices updated as at 02 May 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 31/03/2025

Asset allocation

Created with Highcharts 7.2.21.12% Stocks94.34% Bonds0.48% Cash4.06% Other0% Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.21.051.051.791.792.052.052.612.613.243.2413.2313.2375.6175.61CanadaAsia - DevelopedLatin AmericaAsia - EmergingEurozoneUnited StatesUnited Kingdom

Market classification (%)

Created with Highcharts 7.2.24.664.6695.3495.34EmergingDeveloped

Stock style

Large core

59.61%

% Weight
Value
Core
Growth
Large

8

60

12

Medium

6

2

4

Small

4

3

2

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.71
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA2.61
    AA3.21
    A17.27
    BBB50.9
    BB16.99
    B-
    Below B-
    Not Rated9.02

Valuation

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

9.55

9.55
9.59

1.48

1.48
1.94

0.94

0.94
0.86

8.20

8.20
14.01

Growth rate

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

18.83%

18.83%
18.97%

3.09%

3.09%
2.31%

42.19%

42.19%
13.46%

Top 10 holdings

1
M&G PLC 5.625%
Sector
-
Country
United Kingdom
% of assets
1.46121
2
Legal & General Group PLC 5.5%
Sector
-
Country
United Kingdom
% of assets
1.12435
3
Westfield Stratford City Finance No.2 PLC 1.642%
Sector
-
Country
United Kingdom
% of assets
1.1064
4
Co-operative Group Ltd 7.5%
Sector
-
Country
United Kingdom
% of assets
1.10392
5
Electricite de France SA 7.375%
Sector
-
Country
France
% of assets
1.04933
6
Co-Operative Bank Holdings Ltd(The) 6%
Sector
-
Country
United Kingdom
% of assets
1.04637
7
HSBC Holdings PLC 8.201%
Sector
-
Country
United Kingdom
% of assets
0.94785
8
Co-Operative Bank Holdings Ltd(The) 9.5%
Sector
-
Country
United Kingdom
% of assets
0.94171
9
Generali S.p.A. 6.269%
Sector
-
Country
Italy
% of assets
0.93136
10
Delamare Finance Plc 5.5457%
Sector
-
Country
United Kingdom
% of assets
0.87026
Assets in top 10 holdings %

10.58%

Total no. of equity holdings

1.00

Total no. of bond holdings

335.00

Stock sectors

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

73.82%

Basic materials

1.21%
-

Con cyclical

13.00%
-

Financial svs

58.27%
-

Real estate

1.34%
-

18.13%

Comm services

4.97%
-

Energy

3.07%
-

Industrials

2.69%
-

Technology

7.40%
-

8.05%

Con defensive

3.24%
-

Healthcare

3.25%
-

Utilities

1.56%
-


Important Information

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