Royal London Sterling Extra High Yield Bond A Inc
- Citicode
- RP65
- Launch Date
- 11-04-2003
- Fund Size
- £1,595,708,104
- Yield
- 6.54%
- Ongoing Charge
- 0.84%
- Fund Managers
- Eric Holt
Rachid Semaoune
Fund Objective
The investment objective of the fund is to achieve a high level of income. The fund seeks to achieve a gross redemption yield (GRY) of 1.25 times the gross redemption yield of the FTSE Actuaries British Government 15 Year index (the “Benchmark”). The Benchmark is being used by the Fund for performance comparison purposes only and the Fund does not intend to track the Benchmark.
Top 10 Holdings
Asset Class
Fund Manager
Eric Holt
Start Date
11-04-2003
Bio
Eric Holt – Senior Fund Manager, Eric has extensive knowledge of investment grade and high yield corporate bonds, gained over a career spanning more than 40 years. He manages the Ethical Bond Fund and the Sterling Extra Yield Bond Fund as well as having a wider role within the team. He joined RLAM in 1999 following Royal London’s acquisition of United Assurance, where he had worked for the previous 20 years. Eric is a graduate of Nottingham University with a degree in mathematics and is an associate of the Institute and Faculty of Actuaries.
Fund Manager
Rachid Semaoune
Start Date
02-01-2019
Bio
Rachid Semaoune – Senior Fund Manager, Rachid joined Royal London Asset Management in February 2015 as a Credit Fund Manager within the Fixed Income team. Rachid joined from UBS Asset Management where he spent three years managing investment grade credit portfolios. Prior to this he was a deputy credit fund manager at Old Mutual Asset Management. Rachid began his investment career in 2001 at Gulf International Bank where he worked as a credit analyst and deputy fund manager. Rachid studied for a PhD in Physics at Imperial College London and holds a Postgraduate Degree in Laser Physics from the Université Paris 13.
Data source:
All financial data is supplied by FE
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