Royal London Strategic Bond Income
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.25% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.30% |
| Launch date | 29-09-2006 |
| Launch price | £1.00 |
| Sector | GBP Strategic Bond |
| Fund size | £42 million |
| Number of holdings | 89 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Paul Doran
Located in: London
Paul joined RLAM in 2001 and works with the Fixed Interest team specifically on developing risk models for a broad range of portfolios. He was formerly Assistant Director at Barclays Bank where he was responsible for developing credit portfolio models and worked on securitisation issues and credit derivatives. Prior to that, Paul was a Manager in the Gilt Edged and Money Markets division of the Bank of England. He holds a BSc and Ph.D. in Chemical Physics and has a Masters in Finance from the London School of Economics.
Income details
| Gross redemption yield | 9.61% |
|---|---|
| Income paid | Quarterly |
| Type of payment | Interest |
All yields are variable and not guaranteed. The information is correct as at 31-07-2008.
Distribution dates
| Ex-dividend date | 01 January 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
1 of 4 
Top 10 holdings
| Sevan Marine FRN 14/05/2013 | 3.33% |
|---|---|
| MPU Offshore FRN 15/12/2011 | 2.75% |
| Channel Link FRN 30/06/2050 | 2.63% |
| Blueorchard 8.519% 10/06/2012 | 2.53% |
| First Hydro Finance Plc 9% 31/07/2021 | 2.50% |
| Starling (Supermarkets) FRN 01/12/06 - 10/05/16 | 2.45% |
| Walsey Residential 10% 31/12/12 | 2.39% |
| Spirit 6.582% 28/12/2018 | 2.38% |
| Mutual Securitisation 7.5873% 30/09/2022 | 2.33% |
| Metrix Funding FRN 10/02/2019 | 2.29% |
Top 10 sectors
| Bonds | 81.96% |
|---|---|
| Non-Classified | 14.21% |
| Cash and Equiv. | 2.62% |
| Banks | 1.21% |
Top 10 countries
| United Kingdom | 38.97% |
|---|---|
| Non-Classified | 14.60% |
| Netherlands | 13.84% |
| Ireland | 11.12% |
| Norway | 7.52% |
| Cash and Equiv. | 2.62% |
| Luxembourg | 2.53% |
| United States | 2.29% |
| South Africa | 2.20% |
| Czech Republic | 2.18% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 31/05/2008.
