Royal London Sustainable World Trust Class C Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
30/06/24 to 30/06/25 |
|
|---|---|---|---|---|---|
| Fund | 16.7% | -12.1% | 12.0% | 15.7% | 5.8% |
| Sector | 17.3% | -7.2% | 3.3% | 11.8% | 5.6% |
| Rank | 105/176 | 179/192 | 2/200 | 11/211 | 101/224 |
| Quartile | 3 | 4 | 1 | 1 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/06/25 |
5 Years to 30/06/25 |
10 Years to 30/06/25 |
||
| Fund | 11.1% | 7.1% | 10.9% | |
| Sector | 6.8% | 5.8% | 5.5% | |
| Rank | 3/200 | 58/176 | 1/112 | |
| Quartile | 1 | 2 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| AMAZON.COM | 3.14 |
| COMFORT SYSTEMS USA | 3.13 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.10 |
| BROADCOM | 3.09 |
| STANDARD CHARTERED | 3.09 |
| MICROSOFT CORPORATION | 2.99 |
| CORE & MAIN INC | 2.98 |
| ALPHABET | 2.93 |
| MERCADOLIBRE | 2.90 |
| HCA HEALTHCARE | 2.85 |
| Total | 30.20 |
Fund Aims
The fund’s investment objective is to achieve capital growth over the medium term (3-5 years) by investing mainly in the shares of companies globally listed on stock exchanges that are deemed to make a positive contribution to society. Investments in the fund will adhere to the Manager’s ethical and sustainable investment policy.
Fund Manager
Mike is Head of Equities, Fund Manager of the Sustainable Leaders Trust and also the recently launched Sustainable World Trust. He has fulfilled his current role since 2008 and has managed the Sustainable Leaders since November 2003. The Sustainable Leaders Trust holds an OBSR A rating and Morningstar Bronze rating and was the first ethical fund to top the UK All Companies sector for the 12 months ending 31/01/2007. Prior to this, Mike worked as deputy fund manager on the Co-operative Insurance Society employee pension fund for 2 years and an investment analyst for 2 years covering the utility, support services and media sectors. Mike originally trained and qualified as a Chartered Accountant with Ernst & Young in Manchester.
Fund Overview
| Mid (16/07/2025) | 402.00p |
| Historic yield | 1.04% |
| Fund size (30/06/2025) | £3361.33m |
| Number of holdings | 249 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.77% |
| Launch date | 04/12/2012 |
Asset Allocation
| International Equities | 69.58% | |
| UK Equities | 15.21% | |
| UK Corporate Bonds | 12.02% | |
| International Bonds | 1.60% | |
| Cash and Equivalents | 1.49% | |
| Other Assets | 0.10% |
Commentary
For global equity markets, August proved to be a positive month as share prices continued to recover from the significant falls experienced in the first quarter of this year when coronavirus was identified and economies locked down. Leading the way has been the US, where the S&P 500 rose by 7% and is now up year-to-date. In contrast, the UK, despite a 2.4% rise in the FTSE All-Share Index, still remains down double digits and has been held back by the composition of the index, with notably large weightings of sectors such as banks and oils which have uncertain outlooks. In the UK, the best performing sector was technology, reflecting a global trend, and the worst utilities reflecting weakness in fixed income markets. The trust outperformed in August. The best performance came notably from Salesforce.com, the global leader in CRM software which reported result ahead of expectations. Salesforce’s results demonstrated the importance of its products as many business and industries have accelerated their digital roadmaps in the wake of COVID-19. Its products offer a low carbon way for businesses to build better customer relationships. Adobe, the global leader in digital creative tools also benefitted for similar reasons. Philips, a leading provider of diagnostic imaging, patient monitoring and health informatics technology was the key detractor. The shares declined after the US Department of Health announced it would be reducing the number of ventilators it had previously agreed to procure from Philips due to lower than previously expected demand from US hospitals. While it is a positive that US hospitals are coping better than originally feared, the lower order size will negatively impact Philips’ growth for the year. During the month, we started a new position in Wabtec, a leading rolling stock component and equipment manufacturer with a focus on energy efficient locomotives and safety equipment and exited our position in Xylem in favour of more attractive opportunities elsewhere.
This is not a recommendation or solicitation to buy or sell any particular security. The views and opinions expressed herein are those of the manager at the time and are subject to change without notice.
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 69.58% | |
| UK Equities | 15.21% | |
| UK Corporate Bonds | 12.02% | |
| International Bonds | 1.60% | |
| Cash and Equivalents | 1.49% | |
| Other Assets | 0.10% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 22.52% | - | - | - | |
| Technology | - | 22.52% | - | - | |
| Software & Computer Services | - | - | 12.55% | - | |
| Software | - | - | - | 7.85% | |
| Consumer Digital Services | - | - | - | 2.93% | |
| Computer Services | - | - | - | 1.77% | |
| Technology Hardware & Equipment | - | - | 9.97% | - | |
| Semiconductors | - | - | - | 7.40% | |
| Production Technology Equipment | - | - | - | 2.57% | |
| Industrials | 19.84% | - | - | - | |
| Industrial Goods & Services | - | 15.95% | - | - | |
| Industrial Support Services | - | - | 9.60% | - | |
| Industrial Suppliers | - | - | - | 5.19% | |
| Transaction Processing Services | - | - | - | 3.94% | |
| Professional Business Support Services | - | - | - | 0.47% | |
| Electronic & Electrical Equipment | - | - | 2.48% | - | |
| Electrical Components | - | - | - | 2.48% | |
| Industrial Transportation | - | - | 2.19% | - | |
| Railroad Equipment | - | - | - | 2.19% | |
| Industrial Engineering | - | - | 1.68% | - | |
| Machinery: Agricultural | - | - | - | 1.68% | |
| Construction & Materials | - | 3.89% | - | - | |
| Construction & Materials | - | - | 3.89% | - | |
| Building: Climate Control | - | - | - | 3.89% | |
| Financials | 18.16% | - | - | - | |
| Banks | - | 11.52% | - | - | |
| Banks | - | - | 11.52% | - | |
| Banks | - | - | - | 11.52% | |
| Financial Services | - | 3.36% | - | - | |
| Finance & Credit Services | - | - | 3.36% | - | |
| Financial Data & Systems | - | - | - | 2.25% | |
| Consumer Lending | - | - | - | 1.10% | |
| Insurance | - | 3.29% | - | - | |
| Non-life Insurance | - | - | 1.67% | - | |
| Property & Casualty Insurance | - | - | - | 1.67% | |
| Life Insurance | - | - | 1.62% | - | |
| Life Insurance | - | - | - | 1.62% | |
| Bonds | 13.63% | - | - | - | |
| Health Care | 8.75% | - | - | - | |
| Health Care | - | 8.75% | - | - | |
| Medical Equipment & Services | - | - | 3.49% | - | |
| Medical Equipment | - | - | - | 3.49% | |
| Health Care Providers | - | - | 2.85% | - | |
| Health Care Facilities | - | - | - | 2.85% | |
| Pharmaceuticals & Biotechnology | - | - | 2.41% | - | |
| Pharmaceuticals | - | - | - | 2.41% | |
| Consumer Discretionary | 8.20% | - | - | - | |
| Consumer Products & Services | - | 5.05% | - | - | |
| Consumer Services | - | - | 4.57% | - | |
| Consumer Services: Misc. | - | - | - | 2.90% | |
| Vending & Catering Service | - | - | - | 1.67% | |
| Leisure Goods | - | - | 0.49% | - | |
| Recreational Products | - | - | - | 0.49% | |
| Retail | - | 3.14% | - | - | |
| Retailers | - | - | 3.14% | - | |
| Diversified Retailers | - | - | - | 3.14% | |
| Basic Materials | 4.71% | - | - | - | |
| Chemicals | - | 4.71% | - | - | |
| Chemicals | - | - | 4.71% | - | |
| Chemicals: Diversified | - | - | - | 2.48% | |
| Specialty Chemicals | - | - | - | 2.23% | |
| Consumer Staples | 2.61% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 2.61% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.61% | - | |
| Food Retailers & Wholesalers | - | - | - | 2.61% | |
| Cash and Equivalents | 1.49% | - | - | - | |
| Non-Classified | 0.10% | - | - | - | |
Regional Allocation
| North America | 45.58% | |
| UK | 27.24% | |
| Developed Europe - Excl UK | 15.09% | |
| Emerging Asia | 6.07% | |
| Japan | 2.58% | |
| Developed Asia | 1.62% | |
| Cash and Equivalents | 1.49% | |
| Non-Classified | 0.25% | |
| Australia & New Zealand | 0.09% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 84.89% | |
| Pound Sterling | 13.37% | |
| Cash | 1.49% | |
| Euro | 0.19% | |
| US Dollar | 0.06% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 45.58% | - | |
United States
|
- | 45.58% | |
| UK | 27.24% | - | |
United Kingdom
|
- | 27.24% | |
| Developed Europe - Excl UK | 15.09% | - | |
Netherlands
|
- | 4.79% | |
Ireland
|
- | 4.63% | |
France
|
- | 2.88% | |
Spain
|
- | 2.50% | |
Italy
|
- | 0.12% | |
Sweden
|
- | 0.12% | |
Germany
|
- | 0.03% | |
Denmark
|
- | 0.03% | |
| Emerging Asia | 6.07% | - | |
Taiwan
|
- | 3.10% | |
India
|
- | 1.92% | |
Indonesia
|
- | 1.04% | |
| Japan | 2.58% | - | |
Japan
|
- | 2.58% | |
| Developed Asia | 1.62% | - | |
Hong Kong
|
- | 1.62% | |
| Cash and Equivalents | 1.49% | - | |
| Non-Classified | 0.25% | - | |
| Australia & New Zealand | 0.09% | - | |
Australia
|
- | 0.09% | |
Breakdown By Market Cap (%)
| Mega |
|
47.38% |
| Large |
|
16.19% |
| Medium |
|
4.82% |
| Small |
|
3.13% |
| Non-Classified |
|
13.37% |
| Bonds |
|
13.63% |
| Cash |
|
1.49% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | AMAZON.COM | 3.14% | Retailers | United States |
| 2 | COMFORT SYSTEMS USA | 3.13% | Construction & Materials | United States |
| 3 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.10% | Technology Hardware & Equipment | Taiwan |
| 4 | BROADCOM | 3.09% | Technology Hardware & Equipment | United States |
| 5 | STANDARD CHARTERED | 3.09% | Banks | United Kingdom |
| 6 | MICROSOFT CORPORATION | 2.99% | Software & Computer Services | United States |
| 7 | CORE & MAIN INC | 2.98% | Industrial Support Services | United States |
| 8 | ALPHABET | 2.93% | Software & Computer Services | United States |
| 9 | MERCADOLIBRE | 2.90% | Consumer Services | United States |
| 10 | HCA HEALTHCARE | 2.85% | Health Care Providers | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.77% | 20.75% | - | - | - | - | - | - | 22.52% |
| Financials | 6.28% | 11.88% | - | - | - | - | - | - | 18.16% |
| Consumer Discretionary | 1.67% | 6.53% | - | - | - | - | - | - | 8.20% |
| Consumer Staples | 2.61% | - | - | - | - | - | - | - | 2.61% |
| Health Care | 2.41% | 6.34% | - | - | - | - | - | - | 8.75% |
| Industrials | 0.47% | 19.37% | - | - | - | - | - | - | 19.84% |
| Basic Materials | - | 4.71% | - | - | - | - | - | - | 4.71% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.49% | 1.49% |
| Bonds | - | - | 12.02% | 1.60% | - | - | - | - | 13.63% |
| Non-Classified | - | - | - | - | - | - | 0.10% | - | 0.10% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B882H24 |
| Mex Code | KCLSDO |
| Isin Code | GB00B882H241 |
| Citi Code | GVWJ |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.77% |
Aims and Benchmark
| Aims | The fund’s investment objective is to achieve capital growth over the medium term (3-5 years) by investing mainly in the shares of companies globally listed on stock exchanges that are deemed to make a positive contribution to society. Investments in the fund will adhere to the Manager’s ethical and sustainable investment policy. |
| Benchmark | Mixed Investment 40-85% Shares |
| Benchmark Category | - |
| IA Sector | Mixed Investment 40-85% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 April | 31 May |
| 01 October | 30 November |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | HSBC Bank plc |
| Fund Administrator | Capita Financial Administrators Ltd |
| Fund Registrar | Capita Financial Administrators Ltd |
| Fund Custodian | HSBC Bank plc |
Group Details
| Group name | Royal London Unit Trust Managers Limited |
| Group address | 55 Gracechurch Street London EC3V 0UF |
| Group telephone | 020 32725408 |
| Dealing telephone | 08456 04 04 04 |
| platforms@rlam.co.uk | |
| Homepage | www.rlam.co.uk |
| Fax number | - |
Dealing
| Minimum Investment | £1000 |
| Minimum Top Up | £500 |
| Minimum Regular Saving | £50 |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 4 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 1.52 |
| Beta | 1.36 |
| Sharpe | 0.68 |
| Standard Deviation | 11.14 |
| Info Ratio | 0.74 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | Yes |
| Ethical Restrictions | Yes |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
Ethical Restrictions
The fund is unable to invest in certain sectors and companies due to the ethical criteria used to select investments for the fund.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.