Select...

Your investment

From the 1st July 2018, we've updated what you need to do when you make a change to your RLUM Ltd Stocks and Shares ISA/Unit Trust. These include topping up, increasing your regular contributions or switching the funds you're investing in. We now need confirmation that you've read the relevant Key Investor Information Document (KIID) before we can proceed with your instruction.

We also recommend that you read the Supplementary Information Document (SID) which contains our Terms & Conditions and the Costs & Charges Disclosure Documents (CCDD). All these documents, including guidance and application forms are available by visiting our Manage your RLUM ISA or Unit Trust page.

 

Important Information

Visit our Manage your RLUM ISA or Unit Trust page to find our Key Investor Information Documents and Costs & Charges Disclosure Documents. You can also find a copy of our Supplementary Information Document (SID) which details our Terms and Conditions.

You can read more information about our ISAs and Unit Trusts here, and information about our Stocks and Shares ISAs here.

Royal London UK Income with Growth Trust Fund

The Investment Association (IA) are disbanding the IA UK Equity and Bond sector as it now only has 7 constituents, which is less than the minimum of 10. Unfortunately there is no IA sector that the Royal London UK Income with Growth Trust Fund will now naturally sit in, so we are moving it to the IA Unclassified sector. However, this sector will not be appropriate for performance comparison. We have removed the following paragraph from the Prospectus from 1 January 2021:

In addition to the benchmark for the Scheme’s performance as noted above (the "Index"), the IA UK Equity and Bond sector (4)  is considered an appropriate benchmark for performance comparison. Funds in the IA Equity and Bond Sector must invest at least 80% of their assets in the UK, between 20% and 80% in UK fixed interest securities and between 20% and 80% in UK shares. These funds aim to have a yield in excess of 120% of the FTSE All Share Index.  These constraints closely follow the Scheme’s own investment policy. If the Manager believes it is in the best interests of the Scheme, it will be removed from the sector.

Please note this change does not impact how the Fund is managed.

Reduction in Annual Management Charge

With effect from 1 January 2021 we have reduced the AMC on the following funds.

Fund Name Previous AMC New AMC
Royal London Corporate Bond Monthly Income Trust A Inc 1.00% 0.75%
Royal London European Growth Trust Inc 1.50% 1.25%
Royal London Sustainable Diversified Trust A Inc 1.50% 1.25%
Royal London Sustainable Leaders Trust A Inc 1.50% 1.25%
Royal London Sustainable World Trust A Inc 1.50% 1.25%
Royal London UK Growth Trust Inc 1.50% 1.25%
Royal London UK Income with Growth Trust Inc 1.50% 1.25%
Royal London US Growth Trust Inc 1.50% 1.25%

 

Please note the new AMC is not reflected in the Charges table shown under our fund performance.  We are currently working on updating this.

Assessment of Value

Please click here to download our recently published assessment of value report.

Responsible Investor

RLUM Ltd has retained an investment adviser (Royal London Asset Management Limited (RLAM)) to undertake the service of portfolio management for all schemes, through an Investment Management Agreement. Visit the RLAM website to see how they act as a responsible investor.

Prospectus

Download the RLUM Prospectus (PDF - 1MB)

European MiFID Template

MiFID II introduces new obligations on firms. These include the requirement that firms ensure their products and services are designed in a way consistent with the interests of their clients. As part of this, firms are required to provide a description of each of their funds in a European MiFID Template (EMT). You can view the EMTs for RLUM funds on the RLAM website.

Annual & Interim Reports

Copies of the Annual & Interim Reports for the RLUM funds can be found on the RLAM website. Or if you prefer you can ring us on 0345 605 7777 (between 8am - 6pm Monday to Friday excluding bank holidays) to request a copy free of charge.

Ethical and Sustainable Investment Policy

RLUM Ltd maintains an Ethical and Sustainable Investment Policy which is applied to the Sustainable fund range. View a copy of the policy.

This policy may change from time to time to reflect new developments and research in the field of sustainable investment. Investors in the Sustainable fund range will be notified of any material changes to this policy.

Investment glossary

If you aren't sure what something means, our handy investments jargon buster is full of plain English explanations for some of the most commonly used investments terms.

Visit Investment glossary page