Royal London Sustainable World Trust Class C Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/10/20 to 31/10/21 |
31/10/21 to 31/10/22 |
31/10/22 to 31/10/23 |
31/10/23 to 31/10/24 |
31/10/24 to 31/10/25 |
|
|---|---|---|---|---|---|
| Fund | 21.3% | -16.6% | 5.7% | 21.1% | 17.4% |
| Sector | 19.7% | -10.5% | 1.8% | 16.7% | 13.1% |
| Rank | 72/174 | 174/187 | 11/194 | 13/206 | 14/218 |
| Quartile | 2 | 4 | 1 | 1 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/10/25 |
5 Years to 31/10/25 |
10 Years to 31/10/25 |
||
| Fund | 14.5% | 8.7% | 11.8% | |
| Sector | 10.4% | 7.6% | 6.5% | |
| Rank | 4/194 | 60/174 | 2/112 | |
| Quartile | 1 | 2 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MERCADOLIBRE | 3.26 |
| HCA HEALTHCARE | 3.19 |
| TESCO | 3.17 |
| MICROSOFT CORPORATION | 3.11 |
| STANDARD CHARTERED | 3.11 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.09 |
| BANCO BILBAO VIZCAYA ARGENTARIA SOCIEDAD ANONIMA | 3.08 |
| AMAZON.COM | 3.08 |
| ALPHABET | 3.08 |
| COMFORT SYSTEMS USA | 3.07 |
| Total | 31.23 |
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 (14/11/2025) | 435.90p |
| Historic yield | 1.04% |
| Fund size (30/09/2025) | £3484.56m |
| Number of holdings | 239 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.77% |
| Launch date | 04/12/2012 |
Asset Allocation
| International Equities | 70.42% | |
| UK Equities | 13.83% | |
| UK Corporate Bonds | 11.35% | |
| Cash and Equivalents | 2.51% | |
| International Bonds | 1.45% | |
| Alternative Trading Strategies | 0.32% | |
| UK Gilts | 0.12% |
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 investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Asset Allocation
| International Equities | 70.42% | |
| UK Equities | 13.83% | |
| UK Corporate Bonds | 11.35% | |
| Cash and Equivalents | 2.51% | |
| International Bonds | 1.45% | |
| Alternative Trading Strategies | 0.32% | |
| UK Gilts | 0.12% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 22.42% | - | - | - | |
| Technology | - | 22.42% | - | - | |
| Software & Computer Services | - | - | 11.98% | - | |
| Software | - | - | - | 7.75% | |
| Consumer Digital Services | - | - | - | 3.08% | |
| Computer Services | - | - | - | 1.15% | |
| Technology Hardware & Equipment | - | - | 10.45% | - | |
| Semiconductors | - | - | - | 8.15% | |
| Production Technology Equipment | - | - | - | 2.30% | |
| Industrials | 19.80% | - | - | - | |
| Industrial Goods & Services | - | 15.44% | - | - | |
| Industrial Support Services | - | - | 9.39% | - | |
| Industrial Suppliers | - | - | - | 5.29% | |
| Transaction Processing Services | - | - | - | 2.43% | |
| Professional Business Support Services | - | - | - | 1.68% | |
| Electronic & Electrical Equipment | - | - | 2.25% | - | |
| Electrical Components | - | - | - | 2.25% | |
| Industrial Transportation | - | - | 2.05% | - | |
| Railroad Equipment | - | - | - | 2.05% | |
| Industrial Engineering | - | - | 1.74% | - | |
| Machinery: Agricultural | - | - | - | 1.74% | |
| Construction & Materials | - | 4.36% | - | - | |
| Construction & Materials | - | - | 4.36% | - | |
| Building: Climate Control | - | - | - | 3.12% | |
| Building Materials: Other | - | - | - | 1.24% | |
| Financials | 18.77% | - | - | - | |
| Banks | - | 12.53% | - | - | |
| Banks | - | - | 12.53% | - | |
| Banks | - | - | - | 12.53% | |
| Insurance | - | 4.17% | - | - | |
| Life Insurance | - | - | 2.45% | - | |
| Life Insurance | - | - | - | 2.45% | |
| Non-life Insurance | - | - | 1.72% | - | |
| Property & Casualty Insurance | - | - | - | 1.72% | |
| Financial Services | - | 2.07% | - | - | |
| Finance & Credit Services | - | - | 2.07% | - | |
| Consumer Lending | - | - | - | 1.05% | |
| Financial Data & Systems | - | - | - | 1.02% | |
| Bonds | 12.92% | - | - | - | |
| Health Care | 9.48% | - | - | - | |
| Health Care | - | 9.48% | - | - | |
| Medical Equipment & Services | - | - | 4.00% | - | |
| Medical Equipment | - | - | - | 3.17% | |
| Medical Services | - | - | - | 0.84% | |
| Health Care Providers | - | - | 3.19% | - | |
| Health Care Facilities | - | - | - | 3.19% | |
| Pharmaceuticals & Biotechnology | - | - | 2.29% | - | |
| Pharmaceuticals | - | - | - | 2.29% | |
| Consumer Discretionary | 6.61% | - | - | - | |
| Consumer Products & Services | - | 3.52% | - | - | |
| Consumer Services | - | - | 3.52% | - | |
| Consumer Services: Misc. | - | - | - | 3.26% | |
| Vending & Catering Service | - | - | - | 0.27% | |
| Retail | - | 3.08% | - | - | |
| Retailers | - | - | 3.08% | - | |
| Diversified Retailers | - | - | - | 3.08% | |
| Consumer Staples | 3.66% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 3.66% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.66% | - | |
| Food Retailers & Wholesalers | - | - | - | 3.17% | |
| Personal Products | - | - | - | 0.50% | |
| Basic Materials | 3.51% | - | - | - | |
| Chemicals | - | 3.51% | - | - | |
| Chemicals | - | - | 3.51% | - | |
| Chemicals: Diversified | - | - | - | 2.69% | |
| Specialty Chemicals | - | - | - | 0.82% | |
| Cash and Equivalents | 2.51% | - | - | - | |
| Alternative Trading Strategies | 0.32% | - | - | - | |
| Alternative Trading Strategies | - | 0.32% | - | - | |
| Alternative Trading Strategies | - | - | 0.32% | - | |
| Alternative Trading Strategies | - | - | - | 0.32% | |
Regional Allocation
| North America | 46.37% | |
| UK | 25.30% | |
| Developed Europe - Excl UK | 13.92% | |
| Emerging Asia | 5.26% | |
| Japan | 3.50% | |
| Cash and Equivalents | 2.51% | |
| Developed Asia | 2.45% | |
| Non-Classified | 0.56% | |
| Australia & New Zealand | 0.13% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 84.58% | |
| Pound Sterling | 12.73% | |
| Cash | 2.51% | |
| Euro | 0.13% | |
| US Dollar | 0.06% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 46.37% | - | |
United States
|
- | 46.37% | |
| UK | 25.30% | - | |
United Kingdom
|
- | 25.30% | |
| Developed Europe - Excl UK | 13.92% | - | |
Ireland
|
- | 4.08% | |
Spain
|
- | 3.15% | |
Netherlands
|
- | 3.13% | |
France
|
- | 2.55% | |
Luxembourg
|
- | 0.84% | |
Italy
|
- | 0.12% | |
Germany
|
- | 0.03% | |
Denmark
|
- | 0.03% | |
| Emerging Asia | 5.26% | - | |
Taiwan
|
- | 3.09% | |
India
|
- | 1.67% | |
China
|
- | 0.50% | |
| Japan | 3.50% | - | |
Japan
|
- | 3.50% | |
| Cash and Equivalents | 2.51% | - | |
| Developed Asia | 2.45% | - | |
Hong Kong
|
- | 2.45% | |
| Non-Classified | 0.56% | - | |
| Australia & New Zealand | 0.13% | - | |
Australia
|
- | 0.13% | |
Breakdown By Market Cap (%)
| Mega |
|
46.80% |
| Large |
|
13.64% |
| Medium |
|
7.97% |
| Small |
|
3.07% |
| Non-Classified |
|
13.10% |
| Bonds |
|
12.92% |
| Cash |
|
2.51% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MERCADOLIBRE | 3.26% | Consumer Services | United States |
| 2 | HCA HEALTHCARE | 3.19% | Health Care Providers | United States |
| 3 | TESCO | 3.17% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 4 | MICROSOFT CORPORATION | 3.11% | Software & Computer Services | United States |
| 5 | STANDARD CHARTERED | 3.11% | Banks | United Kingdom |
| 6 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.09% | Technology Hardware & Equipment | Taiwan |
| 7 | BANCO BILBAO VIZCAYA ARGENTARIA SOCIEDAD ANONIMA | 3.08% | Banks | Spain |
| 8 | AMAZON.COM | 3.08% | Retailers | United States |
| 9 | ALPHABET | 3.08% | Software & Computer Services | United States |
| 10 | COMFORT SYSTEMS USA | 3.07% | Construction & Materials | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.15% | 21.28% | - | - | - | - | - | - | 22.42% |
| Financials | 6.53% | 12.24% | - | - | - | - | - | - | 18.77% |
| Consumer Discretionary | 0.27% | 6.34% | - | - | - | - | - | - | 6.61% |
| Consumer Staples | 3.17% | 0.50% | - | - | - | - | - | - | 3.66% |
| Health Care | 2.29% | 7.19% | - | - | - | - | - | - | 9.48% |
| Industrials | 0.43% | 19.37% | - | - | - | - | - | - | 19.80% |
| Basic Materials | - | 3.51% | - | - | - | - | - | - | 3.51% |
| Cash and Equivalents | - | - | - | - | - | - | - | 2.51% | 2.51% |
| Bonds | - | - | 11.35% | 1.45% | 0.12% | - | - | - | 12.92% |
| Non-Classified | - | - | - | - | - | - | 0.32% | - | 0.32% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 |
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 information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.