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ICVC
Royal London Short Term Fixed Income Enhanced Fund
Managed by Royal London Asset ManagementPart of Royal London Bond Funds ICVC
Latest factsheet
Jun 2026
Fund size
£1.30bn
Yearly charge
–
Manager fee
–
Income yield
–
Holdings
87
Launched
18 May 2015
The Fund aims to provide a return, over rolling 12-month periods, through a combination of capital growth and income, before the deduction of fees. The performance comparator for the Fund is the Bank of England Sterling Overnight Interbank Average ("SONIA") plus 1%. SONIA is the average overnight interest rate UK banks pay for unsecured transactions in sterling that is a widely recognised approach to benchmarking short-term money market and fixed income funds and therefore is considered an appropriate performance comparator.
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | – | – | – | – |
| 3M | +1.62% | – | +0.92% | – |
| 6M | +1.93% | – | +1.83% | – |
| 1Y | +4.52% | – | +3.87% | – |
| 3Y | +19.19% | – | – | – |
| 3Y | +6.02% | – | +4.57% | – |
| 5Y | +20.06% | – | – | – |
| 5Y | +3.72% | – | +3.42% | – |
| 10Y | +2.50% | – | +1.85% | – |
| Since launch | +2.33% | – | +1.70% | – |
Portfolio breakdown
Geography
| United Kingdom | 27.50% | |
| Canada | 17.70% | |
| Australia | 8.20% | |
| Germany | 5.30% | |
| United States | 4.50% | |
| Netherlands | 3.80% | |
| Singapore | 3.20% | |
| Norway | 2.50% | |
| Sweden | 2.20% | |
| United Arab Emirates | 2.10% |
Asset allocation
| Cash and Cash Instruments | 29.90% | |
| Corporate Bonds | 26.90% | |
| Covered Bonds | 24.30% | |
| Gilts | 16.80% | |
| Mortgaged Backed Securities | 2.00% |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jun 2026 | View original factsheet ↗ | 22 Aug 2026 |