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Global Government Bonds
Royal London International Government Bond Fund
Managed by Royal London Asset ManagementPart of Royal London Bond Funds ICVC
Latest factsheet
Jun 2026
Fund size
£714.7m
Yearly charge
–
Manager fee
–
Income yield
–
Holdings
129
Launched
4 Nov 2011
The Fund aims to provide a return greater than that of the JP Morgan Global Bond Index ex UK (Traded) Total Return (GBP hedged) Index, over rolling 5-year periods, through a combination of capital growth and income, after the deduction of charges. The Index has been selected as a target benchmark because it is representative of the type of bonds in which the Fund invests, and it is therefore an appropriate measure for the Fund's performance. The performance comparator for the Fund is the IA Global Government Bonds sector.
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | – | – | – | – |
| 3M | +1.59% | – | +0.81% | – |
| 6M | +1.17% | – | +0.62% | – |
| 1Y | +2.46% | – | +1.85% | – |
| 3Y | +11.14% | – | – | – |
| 3Y | +3.58% | – | +2.77% | – |
| 5Y | +2.99% | – | – | – |
| 5Y | +0.59% | – | -0.47% | – |
| 10Y | +1.16% | – | +0.48% | – |
| Since launch | +2.12% | – | +1.85% | – |
Portfolio breakdown
Geography
| Core Europe | 44.80% | |
| Japan | 16.80% | |
| Periphery Europe | 13.00% | |
| Other $ | 11.40% | |
| Scandinavia | 8.70% | |
| Semi-Core Europe | 5.40% | |
| US | 1.10% |
Asset allocation
| Conventional foreign sovereigns | 98.10% | |
| Conventional credit bonds | 1.21% | |
| Index linked foreign sovereigns | 0.51% | |
| Conventional gilts | 0.18% |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jun 2026 | View original factsheet ↗ | 22 Aug 2026 |