Royal London Sustainable Diversified C

  • 193.20p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 226.60p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.80%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.90%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 11 June 2021

Fund summary

Sector Mixed Investment 20-60% Shares
Structure UNIT TRUST
Launched November, 2012
Size £2,930m
Yield 0.90%
Charging basis Income
Dividends paid 31 Mar, 30 Jun, 30 Sep, 31 Dec

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.80%

Allocation

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Investment process

The Fund aims to provide capital growth by investing in a diverse range of asset classes, for example equities, fixed income, property-related investments and cash, mainly in the United Kingdom.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.17%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.21%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Michael Fox

Fox is Head of Sustainable Investments at RLAM. He joined CIS in 1999 and spent 2 years as an analyst. This was followed by 2 years running pension funds. Fox is a qualified Chartered Accountant

Track record

The track record of Michael Fox in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

Absolute -4.00% (February 2005 - April 2005)
Relative -4.00% (January 2005 - September 2005)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Top 10 holdings

Data accurate as at 31 July 2020

2.1168% Sage Group Plc
2.0461% Croda International Plc
2.0145% Rentokil Initial Plc
2.0128% Segro Reit Gbp0.1
2.0096% National Grid Plc
1.9821% Koninklijke Philips Nv
1.9654% Roche Hldg Ag
1.9542% London Stock Exchange Group
1.9405% Astrazeneca Plc
1.9342% Microsoft Corp
Source: Trustnet

Sector breakdown

Fixed Interest 41.00%
Health Care 13.00%
Industrials 12.00%
Technology 12.00%
Financials 7.00%
Utilities 5.00%
Consumer Services 4.00%
Consumer Goods 3.00%
Basic Materials 2.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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