Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Royal London UK Government Bond A Inc

Ranked 12 out of 24 in - UK Gilt 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.

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 aims to maximise total investment return (income and capital growth) over the medium to long term by investing mainly in UK government bonds. Sterling corporate bonds may also be held.

Showing fund performance in United Kingdom View performance globally

Performance

UK Gilt over : 30/04/2016 - 30/04/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 3.3%
2018 -0.5% -0.2% 0.1% -1.7% 1.4%
2017 1.3% 1.4% -1.4% -0.6% 1.9%
2016 9.2% 4.2% 5.4% 3.5% -3.9%
2015 0.2% 1.8% -3.2% 2.5% -0.8%
2014 11.8% 1.7% 1.4% 2.6% 5.6%
2013 -4.3% 0.1% -3.2% 0.0% -1.2%
2012 2.4% -1.9% 3.6% 0.8% -0.1%
2011 15.1% -0.5% 2.4% 6.6% 6.0%
2010 7.0% 1.4% 4.2% 3.4% -2.1%
2009 1.2% 1.1% -0.7% 2.9% -2.0%
2008 11.7% 1.8% -3.8% 4.6% 9.1%
2007 4.8% 0.0% -2.8% 3.5% 4.3%
2006 0.6% 0.1% -1.7% 3.1% -0.8%
2005 7.8% 0.6% 4.5% 0.4% 2.2%
2004 6.0% 2.1% -1.5% 2.7% 2.6%
2003 3.0% 2.1% 2.1% -1.6% 0.4%
2002 7.8% 0.1% 2.3% 4.4% 0.9%
2001 4.9% 2.5% -1.8% 3.7% 0.4%
2000 8.2% 2.5% 1.2% 0.7% 3.6%
1999 -2.1% 1.3% -2.8% -2.5% 2.0%
1998 15.7% 4.4% 1.3% 5.4% 3.8%
1997 12.4% 1.9% 4.2% 4.1% 1.7%
1996 1.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2019

Top 10 Holdings

Stock Size
United Kingdom 1.750% 22-Jul-2019 19.08%
United Kingdom 1.500% 22-Jul-2047 6.63%
United Kingdom 2.250% 07-Sep-2023 5.40%
United Kingdom 4.750% 07-Mar-2020 4.81%
United Kingdom 4.500% 07-Dec-2042 4.64%
United Kingdom 4.250% 07-Dec-2040 4.38%
United Kingdom 4.250% 07-Dec-2055 4.25%
United Kingdom 1.625% 22-Oct-2028 4.18%
United Kingdom 0.750% 22-Jul-2023 3.83%
GBP Forward Contract 3.67%
31/03/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date30/01/1990
  • Share Class size851Mn
  • Base currencyGBP
  • ISIN GB00B3Q6WZ18

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50

Charges

  • Annual management0.75%
  • Initial investment0.00%

Related News

Citywire Discovery: the few bond managers who called the gilt rally correctly

Which gilt managers captured the market's recent resurgence?

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