Morningstar Fund Report  | 03/04/2025Print

Royal London UK Broad Equity Tilt Fund Class Z Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Royal London UK Broad Equity Tilt Fund Class Z Accumulation
Fund-1.08.39.13.5
+/-Cat-3.00.10.60.2
+/-B’mrk--0.6-0.8-1.7
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
02/04/2025		 GBP 1.28
Day Change -0.86%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00BPBJRB09
Fund Size (Mil)
02/01/2025		 GBP 944.10
Share Class Size (Mil)
28/02/2025		 GBP 63.98
Max Initial Charge -
Ongoing Charge
17/02/2025		  0.11%
Investment Objective: Royal London UK Broad Equity Tilt Fund Class Z Accumulation
The Fund’s investment objective is to deliver capital growth and income over the medium term, which should be considered as a period of 3-5 years, by primarily investing in the 600 largest UK companies by market capitalisation listed on the London Stock Exchange. The Fund will invest at least 70% of its assets in shares of companies that belong to the Index. The Fund's manager, however, will typically invest around 90% of the Fund's assets in companies that belong to the Index.
Returns
Trailing Returns (GBP)02/04/2025
YTD3.74
3 Years Annualised6.82
5 Years Annualised-
10 Years Annualised-
12 Month Yield 3.25
Management
Manager Name
Start Date
Nils Jungbacke
03/12/2021
Michael Sprot
03/12/2021
Inception Date
03/12/2021

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Royal London UK Broad Equity Tilt Fund Class Z Accumulation31/01/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.670.0299.66
Bond0.040.04-0.01
Property0.000.000.00
Cash5.4610.55-5.09
Other5.530.105.44
Top 5 Regions%
United Kingdom94.41
Europe - ex Euro2.17
United States1.52
Asia - Emerging0.54
Eurozone0.50
Top 5 Sectors%
Financial Services21.80
Consumer Defensive15.17
Industrials15.09
Healthcare11.83
Energy10.25
Top 5 HoldingsSector%
AstraZeneca PLCHealthcareHealthcare6.69
Shell PLCEnergyEnergy6.28
HSBC Holdings PLCFinancial ServicesFinancial Services6.04
Icf Fts 100 Idx Fut Mar255.85
Unilever PLCConsumer DefensiveConsumer Defensive4.56
Increase Decrease New since last portfolio
Royal London UK Broad Equity Tilt Fund Class Z Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  Royal London UK Broad Equity Tilt Fund Class Z Accumulation
Category:  UK Large-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 20222023202431/03
Price Return0.978.269.053.50
+/- Category3.040.050.560.19
+/- Category Index-0.64-0.77-1.66
% Rank in Category34375161
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.86   -1.63-0.61
1 Week-1.47   -0.54-0.64
1 Month-2.75   -0.69-1.01
3 Months3.57   -0.05-0.98
6 Months2.82   0.13-2.17
YTD3.74   0.12-1.81
1 Year9.07   0.23-3.32
3 Years Annualised6.82   0.63-0.74
5 Years Annualised-   --
10 Years Annualised-   --
 
Category: UK Large-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20253.50---
20242.844.492.23-0.73
20232.79-0.472.633.11
20221.84-5.93-2.918.55
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageBelow Average4 star
5-Year--Not Rated
10-Year--Not Rated
OverallAbove AverageBelow Average4 star
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.70 %
3-Yr Mean Return7.19 %
 
3-Yr Sharpe Ratio0.28
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta0.920.93
3-Yr Alpha-0.640.62
 
Investment Style Details31/01/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 31295-
Market Capitalisation% of Equity
Giant42.02
Large32.58
Medium18.27
Small5.93
Micro1.20
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.210.94
Price/Book1.700.94
Price/Sales1.070.89
Price/Cash Flow8.290.96
Dividend-Yield Factor3.871.09
 
Long-Term Projected Earnings Growth8.640.97
Historical Earnings Growth4.4422.11
Sales Growth4.150.81
Cash-Flow Growth0.541.13
Book-Value Growth3.310.79
 
Category: UK Large-Cap Equity
Asset Allocation31/01/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.670.0299.66
Bond0.040.04-0.01
Property0.000.000.00
Cash5.4610.55-5.09
Other5.530.105.44
World Regions31/01/2025
 % of EquityRelative to Category
United States1.520.97
Canada0.040.81
Latin America0.161.75
United Kingdom94.410.99
Eurozone0.500.41
Europe - ex Euro2.171.55
Europe - Emerging0.015.48
Africa0.022.37
Middle East0.132.24
Japan0.141.62
Australasia0.041.11
Asia - Developed0.333.31
Asia - Emerging0.544.62
 
Category: UK Large-Cap Equity
Sector Weightings31/01/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials6.111.09
Consumer CyclicalConsumer Cyclical8.180.95
Financial ServicesFinancial Services21.800.96
Real EstateReal Estate2.081.07
Consumer DefensiveConsumer Defensive15.171.10
HealthcareHealthcare11.830.98
UtilitiesUtilities3.741.00
Communication ServicesCommunication Services3.600.87
EnergyEnergy10.251.11
IndustrialsIndustrials15.090.96
TechnologyTechnology2.140.86
 
Category: UK Large-Cap Equity
Top 10 Holdings31/01/2025
 Portfolio NEW
Total Number of Equity Holdings337
Total Number of Bond Holdings0
Assets in Top 10 Holdings41.93
NameSectorCountry% of Assets
AstraZeneca PLC206United Kingdom6.69
Shell PLC309United Kingdom6.28
HSBC Holdings PLC103United Kingdom6.04
Icf Fts 100 Idx Fut Mar25United Kingdom5.85
Unilever PLC205United Kingdom4.56
RELX PLC310United Kingdom2.93
BP PLC309United Kingdom2.70
British American Tobacco PLC205United Kingdom2.39
London Stock Exchange Group PLC103United Kingdom2.32
GSK PLC206United Kingdom2.16
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Equity
 
Management
Name of CompanyRoyal London Unit Trust Managers Ltd
Phone+442075066500
Websitewww.rlam.co.uk
Address80 Fenchurch Street United Kingdom
 London   EC3M 4BY
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date03/12/2021
Fund Advisor(s)
Royal London Asset Management Ltd
Fund ManagerNils Jungbacke
Manager Start Date03/12/2021
 
Biography
Nils Jungbacke is Head of Enhanced Equity, for SINOPIA Asset Management and has been working in the industry since 1998.Prior to joining SINOPIA in 2002, he was employed by Barclays Global Investors (BGI) as a Fund Manager for UK Active Equities.He holds an MSc in Materials Science from the University of Cape Town as well as an MSc in Financial Mathematics from Kings College,London.
Fund ManagerMichael Sprot
Manager Start Date03/12/2021
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.11%
Ongoing Charge0.11%
Purchase Details
Minimum Investments
Initial3000000  GBP
Additional50000  GBP
Savings-
Tax Free Savings Schemes
ISAsNo