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

£1.252/£1.252

arrow-down£-0.002 (-0.16%)

Fund Code

ROSZA

BJ4KW91

GB00BJ4KW917

Prices updated as at 09 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 7.2.21.69% Stocks92.13% Bonds2.96% Cash3.22% Other- Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.20.650.651.051.051.271.271.621.622.282.2845.8545.8547.0247.02CanadaAsia - DevelopedLatin AmericaAsia - EmergingEurozoneUnited KingdomUnited States

Market classification (%)

Created with Highcharts 7.2.22.892.8997.1197.11EmergingDeveloped

Stock style

Large core

60.53%

% Weight
Value
Core
Growth
Large

7

61

12

Medium

4

4

4

Small

4

3

2

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.67
    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 Z Accumulation
GBP Corporate Bond - Short Term

9.74

9.74
9.59

1.45

1.45
1.94

0.94

0.94
0.86

8.42

8.42
14.01

Growth rate

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

18.78%

18.78%
18.97%

3.16%

3.16%
2.31%

11.55%

11.55%
13.46%

Top 10 holdings

Security nameSectorCountry% of assets
1M&G PLC 5.827%-United Kingdom1.40
2Westfield Stratford City Finance No.2 PLC 1.716%-United Kingdom1.30
3Legal & General Group PLC 5.649%-United Kingdom1.13
4Electricite de France SA 7.287%-France1.02
5Co-operative Group Ltd 7.399%-United Kingdom1.02
6Co-Operative Bank Holdings Ltd(The) 5.941%-United Kingdom0.99
7HSBC Holdings PLC 7.502%-United Kingdom0.90
8Co-Operative Bank Holdings Ltd(The) 8.754%-United Kingdom0.89
9Generali S.p.A. 6.194%-Italy0.86
10NatWest Group PLC 5.632%-United Kingdom0.83
Assets in top 10 holdings %

10.34%

Total no. of equity holdings

2.00

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

83.86%

Basic materials

0.78%
-

Con cyclical

7.96%
-

Financial svs

74.09%
-

Real estate

1.03%
-

11.26%

Comm services

3.08%
-

Energy

1.97%
-

Industrials

1.60%
-

Technology

4.61%
-

4.89%

Con defensive

1.93%
-

Healthcare

1.91%
-

Utilities

1.04%
-


Important Information

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