Royal London Short Duration Credit Fund

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Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation

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

£1.217/£1.217

arrow-down£-0.001 (-0.08%)

Fund Code

ROSZA

BJ4KW91

GB00BJ4KW917

Prices updated as at 10 Jan 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 30/11/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

60.88%

% Weight
Value
Core
Growth
Large

6

61

13

Medium

5

4

3

Small

3

3

1

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.62
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA2.57
    AA3.23
    A18.9
    BBB48.48
    BB12.7
    B3.52
    Below B1.25
    Not Rated9.35

Valuation

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation
GBP Corporate Bond - Short Term

8.49

8.49
8.47

1.39

1.39
1.40

0.81

0.81
0.81

8.28

8.28
8.36

Growth rate

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation
GBP Corporate Bond - Short Term

15.86%

15.86%
15.86%

3.35%

3.35%
3.33%

44.85%

44.85%
8.11%

Top 10 holdings

1
M&G PLC 5.625%
Sector
-
Country
United Kingdom
% of assets
1.32098
2
Co-operative Group Ltd 7.5%
Sector
-
Country
United Kingdom
% of assets
1.1473
3
Legal & General Group PLC 5.5%
Sector
-
Country
United Kingdom
% of assets
1.10406
4
Co-Operative Bank Holdings Ltd(The) 6%
Sector
-
Country
United Kingdom
% of assets
1.08277
5
Electricite de France SA 7.375%
Sector
-
Country
France
% of assets
1.00592
6
HSBC Holdings PLC 8.201%
Sector
-
Country
United Kingdom
% of assets
0.98302
7
BNP Paribas SA 2%
Sector
-
Country
France
% of assets
0.95446
8
Delamare Finance Plc 5.5457%
Sector
-
Country
United Kingdom
% of assets
0.92708
9
Westfield Stratford City Finance No.2 PLC 1.642%
Sector
-
Country
United Kingdom
% of assets
0.91944
10
Generali S.p.A. 6.269%
Sector
-
Country
Italy
% of assets
0.887
Assets in top 10 holdings %

10.33%

Total no. of equity holdings

1.00

Total no. of bond holdings

320.00

Stock sectors

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation
GBP Corporate Bond - Short Term

75.27%

Basic materials

1.30%
-

Con cyclical

14.23%
-

Financial svs

58.45%
-

Real estate

1.29%
-

16.23%

Comm services

4.05%
-

Energy

3.06%
-

Industrials

2.29%
-

Technology

6.83%
-

8.50%

Con defensive

3.09%
-

Healthcare

3.68%
-

Utilities

1.73%
-


Important Information

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