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

£1.259/£1.259

arrow-up£0.004 (+0.32%)

Fund Code

ROSZA

BJ4KW91

GB00BJ4KW917

Prices updated as at 29 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 30/04/2025

Asset allocation

Created with Highcharts 7.2.21.05% Stocks93.68% Bonds1.31% Cash3.96% Other0% Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.21.051.051.771.772.112.112.912.913.633.6313.1613.1674.9374.93CanadaAsia - DevelopedLatin AmericaAsia - EmergingEurozoneUnited StatesUnited Kingdom

Market classification (%)

Created with Highcharts 7.2.25.035.0394.9794.97EmergingDeveloped

Stock style

Large core

60.40%

% Weight
Value
Core
Growth
Large

7

60

12

Medium

4

4

4

Small

4

3

2

  • Interest rate risk

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

  • Credit quality breakdown

    Rating% of Bond
    AAA2.9
    AA3.15
    A16.91
    BBB51.33
    BB17.19
    B-
    Below B-
    Not Rated8.52

Valuation

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

9.72

9.72
9.56

1.44

1.44
1.47

0.94

0.94
0.91

8.38

8.38
8.34

Growth rate

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

18.77%

18.77%
18.80%

3.18%

3.18%
3.22%

42.32%

42.32%
12.62%

Top 10 holdings

Security nameSectorCountry% of assets
1M&G PLC 5.625%-United Kingdom1.40
2Westfield Stratford City Finance No.2 PLC 1.642%-United Kingdom1.30
3Legal & General Group PLC 5.5%-United Kingdom1.16
4Co-operative Group Ltd 7.5%-United Kingdom1.08
5Electricite de France SA 7.375%-France1.03
6Co-Operative Bank Holdings Ltd(The) 6%-United Kingdom1.00
7HSBC Holdings PLC 8.201%-United Kingdom0.93
8Co-Operative Bank Holdings Ltd(The) 9.5%-United Kingdom0.93
9Generali S.p.A. 6.269%-Italy0.91
10BP Capital Markets PLC 4.25%-United Kingdom0.86
Assets in top 10 holdings %

10.60%

Total no. of equity holdings

1.00

Total no. of bond holdings

332.00

Stock sectors

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

73.83%

Basic materials

1.29%
-

Con cyclical

13.40%
-

Financial svs

57.43%
-

Real estate

1.70%
-

18.15%

Comm services

4.99%
-

Energy

3.27%
-

Industrials

2.67%
-

Technology

7.23%
-

8.02%

Con defensive

3.22%
-

Healthcare

3.08%
-

Utilities

1.72%
-


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