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Royal London Corporate Bond Trust Class Y - Accumulation (GBP)

Sell:104.70p Buy:104.70p Change: 0.50p (0.48%)
Prices as at 28 June 2017
Sell:104.70p
Buy:104.70p
Change: 0.50p (0.48%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 28 June 2017
Sell:104.70p
Buy:104.70p
Change: 0.50p (0.48%)
Prices as at 28 June 2017
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.51% i
Ongoing saving from HL: 0.19% i
Net ongoing charge: 0.32%
There are other unit types of this fund available:
Inclusive - Class A - Income (GBP) (Net ongoing charge 0.50%)
Class Y - Income (GBP) (Net ongoing charge 0.32%)

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

Unit type: Unbundled
Manager:
Jonathan Platt
Fund launch date: 29 March 1999
Sector: GBP Corporate Bond
Fund size: £988 million
Number of holdings: 388
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: HSBC Bank plc
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

28/06/12 to 28/06/13 28/06/13 to 28/06/14 28/06/14 to 28/06/15 28/06/15 to 28/06/16 28/06/16 to 28/06/17
Annual return n/a n/a n/a n/a n/a

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 chart

Our view on this fund

This is a relatively conservatively-managed fund, predominantly invested in higher-quality, investment grade corporate bonds. It provides access to the experienced Royal London fixed interest team, which we hold in high regard. This fund may appeal to investors searching for a core, income producing, fixed-interest holdings within their portfolio.

Read more HL research on this fund

Fund Objective

To achieve a combination of mainly income with some capital growth over the medium (5 years) to long term (7 years).

Income Details

Underlying yield : 3.81%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 May 2017 1 August 2017 1 November 2017 1 February 2018
Payment date: 30 June 20174 30 September 20174 31 December 20174 31 March 20184

All yields are variable and not guaranteed. Information correct as at 30 April 2017.

Security Weight
Co-operative Bank 4.75% 11/11/2021 0.92%
AXA SA 6.6862% VRN Perp 0.88%
Prudential PLC 5.7% VRN 19/12/2063 0.83%
Annington Finance 0% 07/12/2022 0.82%
Standard Life Plc 6.75% Perp Reset Sub Gtd Bds GBP(VAR) 0.81%
Thames Water Utilities Cayman Fin 7.738% 09/04/58 0.81%
OVERSEAS FIXED INTEREST RECEIVED 0.80%
Electricite De France 6% 23/01/2114 0.76%
Barclays Bank 10% 21/05/2021 0.76%
AA Bond Co Ltd 6.269% 02/07/2043 0.74%
Sector Weight
Bonds 98.05%
Cash and Equiv. 4.08%
Non-Classified -2.13%
Country Weight
United Kingdom 70.81%
United States 5.69%
France 5.00%
Cash and Equiv. 4.08%
Australia 3.72%
Netherlands 2.74%
Germany 1.27%
Ireland 1.15%
Luxembourg 1.11%
Italy 1.10%

Prices provided by Morningstar, correct as at 28 June 2017. Data provided by Funds Library, correct as at 31 March 2017.

FundsLibrary

You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

Data received from the Fund Management Company administering this fund and provided to you for your information. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.

4 If you elect to receive the income from a Vantage ISA or Vantage 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.