Part of our Foundation Fundlist Royal London Sterling Extra Yield Bond Z Inc

SEDOL: BG5GTJ6 | ISIN: IE00BG5GTJ66 | MEX: RLAAAT | CITI: JYCT

  • Buy 105.09 GBX

  • Sell 105.09 GBX

  • Price Change -0.23730%

Income

Past Performance

  • 15th Dec 2013 to 15th Dec 20149.11%
  • 15th Dec 2014 to 15th Dec 20152.58%
  • 15th Dec 2015 to 15th Dec 20168.70%
  • 15th Dec 2016 to 15th Dec 201715.84%
  • 15th Dec 2017 to 15th Dec 20182.25%

Objectives and Approach

The investment objective of the fund is to achieve a high level of income. The fund seeks to achieve a gross redemption yield (GRY) of 1.25 times the gross redemption yield of the FTSE Actuaries British Government 15 Year index.

Key Information

Inception 13th Dec 2013
Yield 5.3700%
Sector IA Sterling Strategic Bond
Fund Size £1837.126mn
Fund Type OEIC
Classification Income

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
0.51%
Initial Charge 0%
AMC 0.50%

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Performance

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        • Cumulative Performance

          1 month3 months6 months1 year3 years5 years
          -1.53% -1.28% 0.10% 2.25% 28.76% 44.11%

          Important Information
          Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertanly become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

          The graphs shown are supplied by an external data provider and may contain data that appears to preced the introduction of the clean unit class for this fund. In such cases, historial data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



        Composition

        Important Documents


        The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

        Fund Provider Factsheet
        The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
        FUND PROVIDER FACTSHEET
        236,642 bytes PDF Document; last updated 31 Oct 2018
        Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
        KEY INVESTOR INFORMATION DOCUMENT
        109,897 bytes PDF Document; last updated 16 Feb 2018
        Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
        PROSPECTUS
        458,968 bytes PDF Document; last updated 19 Dec 2017

        Management Team

        Eric Holt has managed this fund for 15 years and 8 months.

        Eric Holt Eric Holt has extensive knowledge of UK investment grade and high yield corporate bonds, gained over a career spanning more than 30 years. He has overall responsibility for RLAM’s credit research process, as well as managing the Sterling Extra Yield Bond Fund and the Ethical Bond Fund. He joined RLAM in 1999 following Royal London’s acquisition of Refuge Assurance’s investment team, where he had worked for the previous 20 years. Eric is a graduate of Nottingham University with a degree in mathematics and is an associate of the Institute of Actuaries.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Eric

        Name of Security Sole/Co Managed Since
        Royal London GblBdOpp Co Dec 2015
        Royal London Ethical Bond Co Jun 2009
        Royal London Ethical Bond Co Jun 2009
        • With low interest rates still looking set to last for many years ...

          27th Nov 2018 READ MORE
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