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Royal London Monthly Income Bond Class M - Accumulation (GBP)

Sell:96.67p Buy:96.67p Change: 0.56p (0.58%)
Prices as at 6 April 2020
Change: 0.56p (0.58%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 6 April 2020
Change: 0.56p (0.58%)
Prices as at 6 April 2020
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): 0.55%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.55%
There are other unit types of this fund available:
Class M - Income (GBP) (Net ongoing charge 0.55%)

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
Fund launch date: 25 June 2018
Sector: GBP Strategic Bond
Fund size: £43 million
Number of holdings: 8
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: n/a
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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06/04/15 to 06/04/16 06/04/16 to 06/04/17 06/04/17 to 06/04/18 06/04/18 to 06/04/19 06/04/19 to 06/04/20
Annual return n/a n/a n/a n/a -6.24%

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.

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Our view on this fund

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Fund Objective

The objective of the fund is to provide income in excess of the reference benchmark, net of fees, with the potential for capital growth over the medium to long term.

Income Details

Distribution yield : 4.87%
Underlying yield : 4.33%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 1 March 2020 1 April 2020 1 May 2020 1 June 2020 1 July 2020 1 August 2020 1 September 2020 1 October 2020 1 November 2020 1 December 2020 1 January 2021 1 February 2021
Payment date: 30 April 20204 30 May 20204 30 June 20204 30 July 20204 30 August 20204 30 September 20204 30 October 20204 30 November 20204 30 December 20204 30 January 20214 28 February 20214 31 March 20214

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 August 2019.

Security Weight
Royal London Short Duration Global High Yield Bond Class Z 22.18%
Royal London Global Bond Opportunities Class Z 22.05%
Royal London Sterling Extra Yield Bond Class Z 21.24%
Royal London Short Duration Credit Z 19.90%
Royal London Global High Yield Bond Class Z 7.63%
Royal London Sustainable Managed Income Trust Class D 5.00%
Accrued FTSE License Fee Capital -0.01%
Sector Weight
Bonds 85.65%
Non-Classified 8.50%
Cash and Equiv. 4.06%
Industrial Transportation 0.67%
Banks 0.33%
Alternative Trading Strategies 0.17%
Real Estate Investment Trusts 0.17%
Equity Investment Instruments 0.16%
Non-Renewable Energy 0.15%
Managed Funds 0.07%
Country Weight
United Kingdom 35.42%
United States 19.22%
Non-Classified 9.63%
Norway 9.23%
Netherlands 5.21%
Cash and Equiv. 4.06%
France 3.73%
Luxembourg 2.07%
Sweden 1.94%
Canada 1.84%

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 6 April 2020. Data provided by Funds Library, correct as at 29 February 2020.

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.