Royal London International Government Bond M Inc

Ranked 42 out of 130 in - Global over 12 months
All calculations are in GBP unless stated

Managed by

Gareth Hill

Gareth Hill has been a member of Royal London Asset Management's Government Bond team since November 2015, having previously been RLAM’s head of portfolio risk. He joined in March 2012 from Henderson Global Investors, where he was most recently a fund manager on the Multi Strategy Equities team. Prior to this, he was head of alternative risk measurement and later overall head of risk measurement. The early part of his career was spent as a senior consultant at Barra International in London. Hill graduated from the University of Liverpool in 1994 with a BA (Hons) in economics. He is a CFA Charterholder.

Paul Rayner

Paul Rayner is head of Government Bonds at RLAM and works closely with Government Bond Fund Manager Craig Inches. He is supported by a skilled and experienced team of specialist investors across all disciplines employed within the fund. Rayner joined RLAM in June 2005 from SG Asset Management where he was Head of UK Bonds. He has over 25 years’ experience in managing UK and global government bonds and is a graduate in Economics from the University of Kent.

Objective

The Fund seeks to maximise total investment return (including income and capital growth) over the medium to longer term by investing primarily in international government bonds.

Showing fund performance in United Kingdom View performance globally

Performance

Global over : 31/05/2018 - 31/05/2019
  • Rank 42/130 Total Return
  • Rank 48/130 Standard Deviation
  • Rank 28/130 Max Drawdown
Fund Name Currency Return
40 LO Funds - Global Climate Bond SH GBP MD

Currency exposure is hedged

Currency exposure is hedged

GBP

4.6%

41 Payden Global Bond GBP GBP

4.5%

42 Royal London International Government Bond M Inc GBP

4.5%

43 Quaero Capital Funds Yield Opportunities C GBP Dis

Currency exposure is hedged

Currency exposure is hedged

GBP

4.5%

43 RBC Funds (Lux) Global Bond O GBP Dis H

Currency exposure is hedged

Currency exposure is hedged

GBP

4.5%

Fund Name Currency Risk
46 BGF World Bond X2 GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

2.6

46 Cape Capital SICAV-UCITS - Cape Fixed Income B GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.6

48 Royal London International Government Bond M Inc GBP

2.7

49 Colchester Global Bond I GBP Hedged Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.7

50 La Francaise LUX Multistrategies Obligat T GBP H C

Currency exposure is hedged

Currency exposure is hedged

GBP

2.7

50 Royal London Multi-Asset Credit Z Acc GBP

2.7

Fund Name Currency Loss
27 JPM Global ex-UK Bond A Acc GBP

-1.2%

28 Royal London International Government Bond M Inc GBP

-1.2%

29 JSS Bond - Total Return Global Y GBP dis hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.2%

30 SEI Gl Oppnistic Fxd Inc Hdgd GBP Wlth Dist A

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.2%

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 2.1%
2018 0.4% -0.3% -0.1% -0.9% 1.7%
2017 0.7% -0.2% 0.6% 0.1% 0.2%
2016 3.0% 3.7% 2.3% 0.0% -3.0%
2015 1.5% 1.6% -1.9% 1.7% 0.2%
2014 6.1% 1.8% 1.4% 0.9% 2.0%
2013 0.2% 0.4% -1.3% 0.8% 0.3%
2012 4.0% 0.3% 1.7% 1.1% 0.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2019

Top 10 Holdings

Stock Size
GBP Forward Contract 91.12%
United Kingdom 1.750% 22-Jul-2019 7.87%
US Treasury 2.500% 15-Aug-2023 5.56%
US Treasury 2.625% 15-Nov-2020 5.21%
US Treasury 0.125% 15-Jul-2024 4.84%
US Treasury 2.000% 30-Nov-2022 4.12%
US Treasury 2.000% 15-Nov-2021 4.00%
US Treasury 2.000% 15-Feb-2022 3.94%
US Treasury 2.250% 15-Nov-2024 3.51%
Japan 1.200% 20-Sep-2035 3.33%
30/04/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date04/11/2011
  • Share Class size22Mn
  • Base currencyGBX
  • ISIN GB00B45XHL18

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment0

Charges

  • Annual management0.45%
  • Initial investment0.45%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).