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Sterling Corporate Bond
Royal London Sustainable Short Duration Corporate Bond Fund
Managed by Royal London Asset ManagementPart of Royal London Bond Funds II ICVC
Latest factsheet
Jun 2026
Fund size
£147.6m
Yearly charge
–
Manager fee
–
Income yield
–
Holdings
228
Launched
23 Nov 2022
The Fund's financial objective is to achieve a total return and outperform, after the deduction of charges, the ICE Bank of America Merrill Lynch Sterling Non-Gilt (1-5 Years) Total Return (GBP Unhedged) over rolling 5-year periods. The Fund's sustainability objective is to invest in companies or issuers that make a positive contribution to one or more of the "Sustainability Themes" (Clean, Healthy, Safe, Inclusive), through their products or services as determined by the Investment Manager using its "Sustainability Standard".
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 3M | +2.79% | – | – | – |
| 6M | +2.44% | – | – | – |
| 1Y | +6.07% | – | – | – |
| 3Y | +25.99% | – | – | – |
| 3Y | +8.00% | – | – | – |
| Since launch | +26.60% | – | – | – |
| Since launch | +6.77% | – | – | – |
Top holdings · top 10: 14.53%
| # | Holding | Weight | |
|---|---|---|---|
| 1 | HSBC Bank Fund 5.844% VRN Perp | 2.41% | |
| 2 | Sage AR Funding FRN 17/11/2051 | 1.62% | |
| 3 | Bazalgette Finance Plc 2.375% 29/11/2027 | 1.54% | |
| 4 | British Land 5.357% 31/03/2028 | 1.38% | |
| 5 | Natwest Group PLC 2.105% VRN 28/11/2031 | 1.37% | |
| 6 | Aviva PLC 4% 05/06/2032 | 1.34% | |
| 7 | Principality Building Society 8.625% 12/07/2028 | 1.34% | |
| 8 | Virgin Money UK PLC 7.625% VRN 23/08/2029 | 1.22% | |
| 9 | Yorkshire Water 6.454% 28/05/2027 | 1.17% | |
| 10 | Juturna Euro Loan Conduit 5.0636% 10/08/2033 | 1.14% |
Portfolio breakdown
Sector
| Banks & Financial services | 40.70% | |
| Insurance | 14.30% | |
| Consumer goods | 8.00% | |
| Real estate | 5.00% | |
| Consumer services | 4.70% | |
| Utility | 4.20% | |
| Gilts | 3.80% | |
| General industrials | 3.30% | |
| Structured | 3.10% | |
| Social housing | 2.90% | |
| Telecoms | 2.30% | |
| Covered | 2.10% | |
| Supranationals & Agencies | 0.80% | |
| Foreign sovereigns | 0.00% | |
| Investment trusts | 0.00% |
Asset allocation
| Conventional credit bonds | 99.01% | |
| Conventional gilts | 0.99% | |
| Conventional foreign sovereigns | – |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jun 2026 | View original factsheet ↗ | 22 Aug 2026 |