Royal London Short Duration Gilts M Inc

Ranked 3 out of 5 in - Sterling Short Term over 36 months
All calculations are in GBP unless stated

Managed by

Craig Inches

Craig Inches joined Royal London Asset Management in 2009, becoming head of short rates and cash in 2016. He is responsible for the management and oversight of RLAM's short rate strategies, which include the cash plus and enhanced cash funds. In addition, Inches jointly manages the government bond strategies with Paul Rayner, head of government bonds. Prior to RLAM, Inches was an investment director with Scottish Widows Investment Partnership. In addition to 18 years of cash and fixed income experience, Inches has an MSc in Investment Analysis from Stirling University and a BSc (Hons) in actuarial mathematics and statistics from Heriot-Watt University.

Ben Nicoll

Ben Nicoll joined Royal London Asset Management as a university graduate in September 2007 with a BSc in economics from the University of York. After one year spent rotating between RLAM’s core investment disciplines, Nicoll spent four and half years with the Far East Equity Team as a trainee and then junior fund manager. Nicoll then joined the Asset Allocation Team where he spent two years before transitioning to the Government Bond Team as a trainee portfolio manager. Nicoll also holds the IMC and has passed all three levels of the CFA programme.

Objective

The Fund seeks to maximise investment return through both income and capital growth over the medium to long term. To achieve this objective the Fund will invest predominantly in UK government bonds, and will, overall, have a short duration.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Short Term over : 31/05/2016 - 31/05/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 0.4%
2018 0.2% -0.5% 0.3% -0.1% 0.5%
2017 -0.2% 0.1% -0.3% -0.2% 0.2%
2016 1.7% 0.8% 0.8% 0.4% -0.3%
2015 0.7% 0.3% -0.2% 0.5% 0.0%
2014 2.0% 0.3% 0.1% 0.4% 1.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2019

Top 10 Holdings

Stock Size
United Kingdom 4.750% 07-Mar-2020 17.26%
United Kingdom 2.250% 07-Sep-2023 16.96%
United Kingdom 3.750% 07-Sep-2020 15.26%
United Kingdom 0.500% 22-Jul-2022 14.30%
United Kingdom 3.750% 07-Sep-2019 12.30%
United Kingdom 1.750% 22-Jul-2019 8.70%
United Kingdom 1.500% 22-Jan-2021 8.67%
US Treasury 0.125% 15-Jul-2024 1.98%
GBP Forward Contract 1.87%
INCOME CONTINGENT STUDENT LOANS PLC 24-Jul-2058 2 0.65%
30/04/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date07/11/2013
  • Share Class size856Mn
  • Base currencyGBP
  • ISIN GB00BD050C73

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

  • Annual management0.20%
  • Initial investment0.20%

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