Royal London Corporate Bond Fund M Acc

Performance History30/04/2020
Growth of 1,000 (GBP) Advanced Graph
Royal London Corporate Bond Fund M Acc
Fund9.57.1-2.110.9-1.0
+/-Cat-0.22.20.31.2-1.4
+/-B’mrk-1.12.7-0.51.6-2.2
 
Key Stats
NAV
22/05/2020
 GBX 147.00
Day Change 0.27%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00B87FJ401
Fund Size (Mil)
30/04/2020
 GBP 1372.48
Share Class Size (Mil)
30/04/2020
 GBP 608.21
Max Initial Charge -
Ongoing Charge
19/02/2020
  0.56%
Morningstar Research
Analyst Report

Royal London Corporate Bond is run by a long-standing lead manager and over the past couple of years its recently appointed comanager has become more hands-on. Under our enhanced ratings framework, which places a greater focus on fees and...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAbove Average
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: Royal London Corporate Bond Fund M Acc
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 corporate bonds denominated in sterling or hedged (5) back to sterling, which will generally be fixed-rate issues (bonds paying interest at an unchanging rate, rather than on an adjustable basis).
Returns
Trailing Returns (GBP)22/05/2020
YTD-0.74
3 Years Annualised3.47
5 Years Annualised4.62
10 Years Annualised*6.20
12 Month Yield 3.59
Management
Manager Name
Start Date
Shalin Shah
02/10/2017
Jonathan Platt
29/03/1999
Inception Date
26/11/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx GBP NonGilts TRMarkit iBoxx GBP NonGilts TR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Royal London Corporate Bond Fund M Acc31/10/2019
Fixed Income
Effective Maturity-
Effective Duration8.01
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.780.000.78
Bond97.378.5588.81
Property0.000.000.00
Cash21.0912.588.51
Other1.900.001.90

Related

* This share class has performance data calculated prior to the inception date, 2012-11-26. This is based upon a simulated/extended track record, using the track record of Royal London Corporate Bond A Inc (ISIN: GB00B3P2K895), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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