Royal London Corporate Bond Trust
Class Y - Accumulation (GBP)
0.20p
(0.16%)
0.20p
(0.16%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
0.20p
(0.16%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×Charges and Savings
| Initial charges | |
|---|---|
| Initial charge: | 0.00% |
| Initial saving from HL: | 0.00% |
| Net initial charge: | 0.00% |
| HL dealing charge: | Free |
| Annual charges | |||
|---|---|---|---|
| Performance fee: | No | ||
| Ongoing charge (OCF/TER): | 0.56% i | ||
| Ongoing saving from HL: | 0.19% i | ||
| Net ongoing charge: | 0.37% | ||
| There are other unit types of this fund available: | |||
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In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
| 04/12/19 to 04/12/20 | 04/12/20 to 04/12/21 | 04/12/21 to 04/12/22 | 04/12/22 to 04/12/23 | 04/12/23 to 04/12/24 | |
|---|---|---|---|---|---|
| Annual return | 6.71% | 3.71% | -15.31% | 4.86% | 10.67% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
We rate Shalin Shah and the bond team at Royal London highly. They're prepared to invest in parts of the bond market a lot of other investors ignore. Looking in under-researched areas throws up opportunities to boost returns, but it can add risk, so we view this as a more...
Fund Objective
The fund’s investment objective is to achieve a total return over the medium term (3-5 years), by investing at least 80% in sterlingdenominated corporate bonds. The fund's performance target is to outperform, after the deduction of charges, the iBoxx Sterling Non-Gilt Total Return GBP Index (the "Index") over a rolling 5-year period. For further information on the fund's index, please refer to the Prospectus.
Income Details
| Security | Weight |
|---|---|
| GBP FWD FX CONTRACT 05 APR 2024 | 10.38% |
| ICF LONG GILT FUTURE Mar24 | 9.25% |
| HSBC Bank Fund 5.844% VRN Perp | 2.08% |
| Legal And General Group 5.5% VRN 27/06/2064 | 1.90% |
| HSBC Holdings PLC 8.201% VRN 16/11/2034 | 1.83% |
| M&G Plc 5.7% VRN 19/12/2063 | 1.59% |
| Aviva 6.875% VRN 20/05/2058 | 1.55% |
| Assicurazioni Generali 6.269% Perp | 1.40% |
| FUTURES LIABILITY | 1.36% |
| Barclays Bank PLC 6.278% VRN Perp | 1.32% |
| Sector | Weight |
|---|---|
| Bonds | 85.58% |
| Non-Classified | 14.57% |
| Cash and Equiv. | -0.15% |
| Country | Weight |
|---|---|
| United Kingdom | 64.51% |
| Non-Classified | 18.14% |
| France | 6.24% |
| United States | 2.22% |
| Switzerland | 1.93% |
| Ireland | 1.47% |
| Sweden | 1.47% |
| Luxembourg | 1.17% |
| Australia | 1.02% |
| Germany | 0.99% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 4 December 2024. Data provided by Broadridge, correct as at 31 January 2024.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
