Royal London Short Duration Global Index Linked Fund

The Fund aims to provide a return greater than that of the Fund's composite benchmark comprising of 70% Bloomberg World Government Inflation Linked Bond (ex UK) 1-10 year Total Return GBP Index and 30% Bloomberg UK Government Inflation Linked Bond 1-10 year Total Return GBP Index over rolling 3-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 Inflation Linked Bond sector (the "IA Sector").