Royal London Sterling Credit Fund

Select share classes

Royal London Sterling Credit Fund Z Acc

Category GBP Corporate Bond

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£1.062/£1.062

arrow-up£0.008 (+0.76%)

Fund Code

RLCZA

BKLJX95

GB00BKLJX955

Prices updated as at 29 Nov 2024

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 investing predominantly in sterling-denominated corporate bonds. At least 80% of the Fund will be invested in investment grade corporate bonds, and in index linked corporate bonds, securitisations, supranational bonds, agency bonds, floating-rate notes and asset-backed securities, each denominated in sterling or hedged back to sterling. These Investments will generally be fixed-rate issues (bonds paying interest at an unchanging rate, rather than on an adjustable basis).

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 31/10/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

2

70

0

Medium

2

8

3

Small

4

6

4

Fixed income style
Medium ext
100.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
100
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality BB
Avg wtd coupon 5.61
Modified duration -
Credit quality breakdown
Rating % of Bond
AAA 1.55
AA 5.82
A 16.87
BBB 55.88
BB 11.85
B 2.79
Below B -
Not Rated 5.24

	Bond %
Avg credit quality	BB
Avg wtd coupon	5.61
Modified duration	-

Rating	% of Bond
AAA	1.55
AA	5.82
A	16.87
BBB	55.88
BB	11.85
B	2.79
Below B	-
Not Rated	5.24

Valuation

Royal London Sterling Credit Fund Z Acc

GBP Corporate Bond

7.42

1.22

0.65

8.32

Growth rate

Royal London Sterling Credit Fund Z Acc

GBP Corporate Bond

15.82%

3.76%

8.01%

Top 10 holdings

Sector

Country

United Kingdom

% of assets

3.94744

Sector

Country

United Kingdom

% of assets

1.76754

Sector

Country

United Kingdom

% of assets

1.24788

Sector

Country

United Kingdom

% of assets

1.08088

Sector

Country

United Kingdom

% of assets

1.05313

Sector

Country

United Kingdom

% of assets

1.04148

Sector

Country

United Kingdom

% of assets

0.99783

Sector

Country

United Kingdom

% of assets

0.93395

Sector

Country

Italy

% of assets

0.93187

Sector

Country

France

% of assets

0.92716

Assets in top 10 holdings %

13.93%

Total no. of equity holdings

2.00

Total no. of bond holdings

346.00

Stock sectors

Royal London Sterling Credit Fund Z Acc

GBP Corporate Bond

91.08%

Basic materials

0.55%

Con cyclical

4.09%

Financial svs

85.75%

Real estate

0.69%

7.22%

Comm services

1.24%

Energy

0.30%

Industrials

4.38%

Technology

1.29%

1.70%

Con defensive

1.12%

Healthcare

0.23%

Utilities

0.35%

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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