Royal Lo...

Price: 68.8100 GBX

Change: icon-up-small 0.41%

Royal London UK Government Bond Z Inc

Royal London UK Government Bond Z Inc

ISIN:

GB00B63M5F42

IA Sector:

IA UK Gilts

Risk level:

N/A

FE fundinfo Rating:

4 of 5

Income

Price:

68.8100 GBX

14 March 2025

Last change:

icon-up-small 0.41%

1 year change:

icon-down-small -0.54%

5 year annualised return:

-4.95%

12 month yield:

3.84%

At a glance

At a glance performance and information

Eligibility:

Share Dealing Account Yes
ISA Yes
No ShareBuilder
Yes SIPP

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Add to chart:

  • Royal London UK Government Bond Z Inc
  • IA UK Gilts
  • FTSE Actuaries UK Conventional Gilts All Stocks

Discrete calendar year performance

Discrete calendar year performance
Investment 31/12/19 to 31/12/20 31/12/20 to 31/12/21 31/12/21 to 31/12/22 31/12/22 to 31/12/23 31/12/23 to 31/12/24
Royal London UK Government Bond Z Inc 8.96% -5.02% -22.10% 4.76% -2.88%
IA UK Gilts 9.01% -5.38% -23.87% 4.01% -3.72%
FTSE Actuaries UK Conventional Gilts All Stocks 8.27% -5.16% -23.83% 3.69% -3.32%

Trailing returns

(*annualised)

Trailing returns
Investment 3 months 6 months 1 year 3 years* 5 years*
Royal London UK Government Bond Z Inc -0.99% -4.48% -0.54% -5.26% -4.95%
IA UK Gilts -0.84% -4.29% -1.01% -6.38% -5.84%
FTSE Actuaries UK Conventional Gilts All Stocks -0.54% -4.28% -0.00% -6.14% -5.70%

Fund Objective: The Fund’s investment objective is to achieve a total return (combination of capital growth and income) over the medium term (3–5 years) by investing at least 80% in UK government bonds, also known as gilts. The Fund’s performance target is to outperform, after the deduction of charges, the FTSE UK Gilts Government (All Stocks) Total Return GBP Index (the "Index") over rolling 5-year periods. The Index is regarded as a good measure of the performance of every UK government bond quoted on the London Stock Exchange. The Index is considered an appropriate benchmark for the Fund's performance, as the Fund’s potential investments will predominantly be included in the Index. In addition to the benchmark for the Fund’s performance as noted above (the “Index”), the IA UK Gilts sector is considered an appropriate benchmark for performance comparison.

Manager name Royal London Unit Tst Mgrs Ltd
Manager start date 01 January 2021
Manager Biography Ben Nicholl – Senior Fund Manager, Ben is a Fund Manager, responsible for quantitative bond modelling within RLAM’s Rates and Cash business. Ben focuses on the management of the UK government bond, Cash and Absolute return funds. Prior to the Rates and Cash team Ben worked within RLAM’s Far East Equity and Asset Allocation teams developing a wide range of market knowledge and investment techniques. Ben has a BSc (Hons) in Economics from the University of York and is a CFA Charterholder.
Investment style: *None
Region (geographical) United Kingdom
Benchmark FTSE Actuaries UK Conventional Gilts All Stocks
Sector IA UK Gilts
FE fundinfo Rating 4 of 5
Fees & charges

Fees and Charges

Fees and Charges
Charge Who receives this? What is it? Amount
Initial charge: The fund manager Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged. N/A%
Ongoing Charges: The fund manager The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year. 0.25%
Performance Fee: The fund manager A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions. N/A
Typical transaction cost: The fund manager The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading. 0.188%*
Dealing commission: Halifax The cost of buying or selling some or all of your investment. £9.50 (per online trade)
Breakdown

Asset Allocation

Fund size: 1,193,057,634.48 GBX

Chart date: March 14, 2025

Top 10 Holdings

Top 10 Holdings
Security Weight
Uk conv gilt 1% 31/01/2032 22.50%
His majesty`s treasury 4.125% conv gilt 29/01/27 gbp0.01 12.41%
United kingdom of great britain an 4.125% 22/07/2029 9.07%
Uk conv gilt 0.875% 31/07/2033 8.50%
United kingdom of great britain an 3.75% 07/03/2027 8.00%
United kingdom of great britain an 4.5% 07/06/2028 6.46%
His majesty`s treasury 1.25% gilt 22/10/41 gbp0.01 (wi) 5.94%
Uk conv gilt 1.5% 31/07/2053 5.30%
Uk conv gilt 0.875% 31/01/2046 4.99%
His majesty`s treasury 1.75% gilt 07/09/37 gbp0.01 4.34%

Sectors

Sectors
Sectors Weight
Government Bonds 99.16%
Financial Services 0.45%
Government Agency Bonds 0.39%

World regions

World regions
Country Weight
UNITED KINGDOM 99.55%
FRANCE 0.45%
UNITED STATES 0.00%
ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.


Important information

Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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