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

Sell:105.40p Buy:105.40p Change: 0.20p (0.19%)
Prices as at 18 December 2018
Sell:105.40p
Buy:105.40p
Change: 0.20p (0.19%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 18 December 2018
Sell:105.40p
Buy:105.40p
Change: 0.20p (0.19%)
Prices as at 18 December 2018
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): 0.53% i
Ongoing saving from HL: 0.16% i
Net ongoing charge: 0.37%
There are other unit types of this fund available:
Inclusive - Class A - Income (GBP) (Net ongoing charge 0.51%)
Class Y - Income (GBP) (Net ongoing charge 0.37%)

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: £1,225 million
Number of holdings: 342
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

18/12/13 to 18/12/14 18/12/14 to 18/12/15 18/12/15 to 18/12/16 18/12/16 to 18/12/17 18/12/17 to 18/12/18
Annual return n/a n/a n/a n/a -1.68%

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

HL Research

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.

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 : 3.37%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 November 2018 1 February 2019 1 May 2019 1 August 2019
Payment date: 31 December 20184 31 March 20194 30 June 20194 30 September 20194

This data is provided by Funds Library. 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 31 July 2018.

Security Weight
HSBC Bank 5.375% 22/08/2033 1.31%
Co-operative Bank 4.75% 11/11/2021 0.94%
AA Bond Co Ltd 6.269% 02/07/2043 0.86%
Canary Wharf 5.952% 22/01/2035 0.81%
Places for People Homes 5.09% 31/07/2043 0.80%
Electricite De France 5.875% VRN Perp 0.80%
AXA SA 6.6862% VRN Perp 0.79%
Clydesdale Bank PLC 4.625% 08/06/2026 0.78%
Genfinance II PLC 6.064% 21/12/2039 0.77%
Investec Bank PLC 4.25% VRN 24/07/2028 0.77%
Sector Weight
Bonds 99.68%
Alternative Trading Strategies 3.95%
Cash and Equiv. -0.12%
Non-Classified -3.51%
Country Weight
United Kingdom 79.35%
United States 5.24%
France 3.36%
Netherlands 2.19%
Non-Classified 2.18%
Germany 1.42%
Australia 1.37%
Sweden 1.25%
Luxembourg 1.18%
Ireland 0.90%

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 18 December 2018. Data provided by Funds Library, correct as at 31 October 2018.

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