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Royal London Short Term Fixed Income Class Y - Accumulation (GBP)

Sell:112.52p Buy:112.52p Change: 0.024p (0.02%)
Prices as at 28 March 2024
Sell:112.52p
Buy:112.52p
Change: 0.024p (0.02%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 28 March 2024
Sell:112.52p
Buy:112.52p
Change: 0.024p (0.02%)
Prices as at 28 March 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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): 0.15%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.15%
There are other unit types of this fund available:
Class Y - Income (GBP) (Net ongoing charge 0.15%)

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:
Multiple
Fund launch date: 15 June 2011
Sector: Unclassified
Fund size: £3,981 million
Number of holdings: 88
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: HSBC Bank plc
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

28/03/19 to 28/03/20 28/03/20 to 28/03/21 28/03/21 to 28/03/22 28/03/22 to 28/03/23 28/03/23 to 28/03/24
Annual return 0.52% 1.20% -0.27% 2.18% 5.52%

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

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The Fund’s investment objective is to achieve a total return over rolling 12-month periods by mainly investing in cash and cash equivalents and government securities. The Fund’s performance target is to outperform, before the deduction of charges, the Bank of England Sterling Overnight Interbank Average (SONIA) by 0.50% per annum over rolling 12-month periods.

Income Details

Historic yield : 0.85%
Distribution yield : 2.40%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 February 2024 1 May 2024 1 August 2024 1 November 2024
Payment date: 31 March 20244 30 June 20244 30 September 20244 31 December 20244

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 November 2022.

Security Weight
United Overseas Bank Ltd FRN 21/09/2026 4.13%
TSB Bank PLC FRN 14/02/2027 3.52%
Deutsche Pfandbriefbank AG FRN 26/04/2024 3.34%
Aareal Bank AG FRN 29/04/2025 2.85%
National Bank of Canada FRN 05/05/2026 2.68%
Bank of Nova Scotia FRN 22/06/2026 2.65%
NSE 5.32% CD 19/05/2023 - 17/05/2024 2.60%
Flt bps over SONIA CD 07/08/23 - 14/08/24 2.59%
BNP Paribas Sa 5.38 CD 15/01/2024 - 15/07/2024 2.52%
Royal Bank of Canada FRN 13/07/2026 2.47%
Sector Weight
Bonds 67.45%
Non-Classified 31.39%
Cash and Equiv. 1.16%
Country Weight
Non-Classified 31.39%
Canada 23.33%
United Kingdom 14.86%
Singapore 6.32%
Germany 6.19%
France 4.69%
Australia 3.95%
Sweden 2.11%
United Arab Emirates 1.66%
Finland 1.29%

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 28 March 2024. Data provided by Broadridge, correct as at 31 January 2024.

Broadridge
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 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.