Fact sheet: Royal London Sustainable World

Rated Fund Information
Rated Funds Group
?Money Observer has arranged all its Rated Funds into easy to understand Rated Fund Groups, comprising funds and investment trusts.
MIXED ASSET - HIGHER RISK
Sector
UT Mixed Investment 40-85% Shares
Fund type
Unit Trust
Primary aim
GROWTH
Why Money Observer Rates Royal London Sustainable World

Rated Fund 2013-2017. Investing in innovative companies with a positive impact on society

This fund won Money Observer's Best Higher Risk Mixed Asset Fund award in 2015 and was highly commended in this category in 2016. It also won the Best Ethical/SRI Mixed Asset Fund award in 2014, 2015 and 2016. It was previously called CIS Sustainable World, but changed its name after Royal London took over the CIS funds in 2013.

This has not affected the management of the fund, though, as it has remained under the stewardship of Mike Fox, its manager since inception in 2009. He has kept its equity content close to the maximum of 85 per cent in recent years.

The core idea of the fund is to invest in growing, innovative companies having a positive impact on society. This is supplemented by companies showing leadership in environmental, social and governance (ESG) management. Fox believes this approach makes the fund less volatile than others with a wider remit.

He argues that by investing in growing, innovative companies with talented management teams, inherent risks in the fund are reduced. The economic environment has only a marginal influence on his choice of shares. He is primarily interested in innovation and structural growth rather than changing the fund to reflect shorter-term economic conditions.

That said, he acknowledges that economic cycles provide him with opportunities to purchase investments at attractive valuations. Although the fund can invest globally, Fox says there tends to be a bias towards the US and developed markets because that is where he tends to find innovation and companies with the strongest ESG standards.

3 Year Performance
Fund Performance39.6%
Average of Rated Funds Group28.2%
Sector Performance20.6%
Fund information
Fund name
Royal London Sustainable World Trust C Acc
Fund manager company
RLUM (CIS) Ltd
Fund type
Unit Trust
Fund manager
  • Mike Foxsince 20/09/2009
Accolades
Highly Commended - Mixed Asset Higher Risk 
Winner - Ethical/SRI - Best Mixed Asset Fund
Fund objective
To provide medium to long-term capital growth via worldwide investments in multiple asset classes, but primarily equities with some fixed-interest securities and cash.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
11.3%
1 Year rank in sector
6/282
Sector
UT Mixed Investment 40-85% Shares
Yield
1.2%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.77%
Fund size
£395m (£281m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
86
Top in this sector
Fund name1 Year
MFM Hathaway14.8%
Aberdeen Divfd Cre Advntr12.8%
S&W Acacia12.5%
Rathbone Sussex Growth11.8%
Premier Diversified11.4%
...more in UT Mixed Investment 40-85% Shares

Performance snapshot

Holdings snapshot

  • USA39.1%
    UK36.5%
    Germany9%
    Netherlands3.9%
    France3%
  • Technology19.3%
    Industrials19%
    Fixed Interest15.1%
    Health Care11.9%
    Consumer Goods11.7%
  • North American Equities38.3%
    UK Equities24.8%
    European Equities19.1%
    UK Fixed Interest14.7%
    Asia Pacific Equities2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.1%-2.3%2%11.3%39.6%84%
Sector-4.3%-1.7%-0.2%4.4%20.6%39.3%
Rank within sector111 / 293225 / 29223 / 2876 / 2824 / 2421 / 223
Quartile2nd4th1st1st1st1st
Calendar performance
 YTD - 20182017201620152014
Fund-2.8%18.1%16.3%9.3%10.2%
Sector-3%10%13.3%2.2%5%
Rank within sector114 / 2944 / 27968 / 2652 / 2426 / 233
Quartile2nd1st2nd1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
3.55
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.21
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.05
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
8.97
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.91
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.28
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.83
Price movement
52 week high207.7
52 week low177.5
Current bid price-
Current offer price-
Current mid price197.6
Region
1USA39.15%
2UK36.46%
3Germany9.03%
4Netherlands3.93%
5France2.96%
6Switzerland2.74%
7Hong Kong1.88%
8Denmark1%
9Jersey0.82%
Industry sector
1Technology19.3%
2Industrials19%
3Fixed Interest15.1%
4Health Care11.9%
5Consumer Goods11.7%
6Financials10.8%
7Consumer Services8.4%
8Basic Materials3.8%
Asset type
1North American Equities38.3%
2UK Equities24.81%
3European Equities19.09%
4UK Fixed Interest14.7%
5Asia Pacific Equities1.97%
6Money Market1.13%
Individual holdings
1AMAZON.COM INC4.02%
2MICROSOFT CORP3.71%
3ASML HOLDING NV3.7%
4DEERE & CO3.64%
5INFINEON TECHNOLOGIES AG3.51%
6TE CONNECTIVITY LTD3.47%
7ALPHABET INC3.38%
8RENTOKIL INITIAL3.36%
9VISA INC CLASS A SHARES COMMON STOCK USD.00013.08%
Management
Fund manager group
CIS UT Managers
Fund manager company
RLUM (CIS) Ltd
Fund type
Unit Trust
Fund objective
To provide medium to long-term capital growth via worldwide investments in multiple asset classes, but primarily equities with some fixed-interest securities and cash.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Fund manager
NameSinceBiography
Mike Fox20/09/2009Mike joined RLAM in August 2013 following the acquisition of The Co-operative Asset Management by the Royal London Group. He is Head of Sustainable Investments at RLAM. Mike became a fund manager in November 2003 when he took over managing the RL Sustainable Leaders Trust. Prior to this, Mike worked as a deputy fund manager at the Co-operative employee pension fund for two years and as an investment analyst for two years covering the utility, support services and media sectors. Mike originally trained and qualified as a chartered accountant with Ernst & Young in Manchester.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Cayman Islands, United Kingdom, Isle of Man
Royal London Sustainable World Trust A Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price226.6
CurrencyGBX
Price updated15/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5G2
Royal London Sustainable World Trust B Acc
Initial charge1.5%
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price195
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVWH
Royal London Sustainable World Trust B Inc
Initial charge1.5%
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price183.4
CurrencyGBX
Price updated15/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGVWI
Royal London Sustainable World Trust C Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price197.6
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVWJ
Royal London Sustainable World Trust C Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price183.6
CurrencyGBX
Price updated15/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGVWK
Royal London Sustainable World Trust D Acc
Initial charge-
Annual charge0.6%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price199.1
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVWL
Royal London Sustainable World Trust D Inc
Initial charge-
Annual charge0.6%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price183.7
CurrencyGBX
Price updated15/02/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGVWM
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.