Royal London Corporate Bond Fund M Acc

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Performance History31/05/2024
Growth of 1,000 (GBP) Advanced Graph
Royal London Corporate Bond Fund M Acc
Fund8.00.8-16.211.30.6
+/-Cat-0.73.52.51.61.6
+/-B’mrk-1.44.74.51.62.2
 
Key Stats
NAV
14/06/2024
 GBX 153.60
Day Change 0.33%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00B87FJ401
Fund Size (Mil)
31/05/2024
 GBP 1344.39
Share Class Size (Mil)
31/05/2024
 GBP 592.23
Max Initial Charge -
Ongoing Charge
15/02/2024
  0.56%
Morningstar Research
Analyst Report26/02/2024
Evangelia Gkeka, Senior Analyst
Morningstar, Inc

Effective from Feb. 1, 2023, Jonathan Platt is no longer a named manager on the Royal London Corporate Bond fund, but the other two comanagers, Shalin Shah and Matt Franklin, remain in place. The announcement does not change our view on the...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process24
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 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).
Returns
Trailing Returns (GBP)14/06/2024
YTD2.06
3 Years Annualised-1.33
5 Years Annualised1.48
10 Years Annualised3.53
12 Month Yield 5.56
Management
Manager Name
Start Date
Matt Franklin
31/01/2022
Shalin Shah
02/10/2017
Inception Date
26/11/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx GBP NonGilts TRMorningstar UK Corp Bd GR GBP
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 Acc30/04/2024
Fixed Income
Effective Maturity-
Effective Duration6.29
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.870.000.87
Bond105.912.08103.83
Property0.000.000.00
Cash29.9639.96-10.00
Other5.300.005.30

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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