Royal London Global Equity Diversified Fund

The RL Global Equity Diversified Fund mainly invests globally in equities, aiming for a mix of capital growth and income. It is actively managed by RLAM and holds shares across a wide range of markets and sectors, including information technology, financials, consumer discretionary and health care. The fund is therefore concentrated in company shares, which means its value can rise and fall with global stock markets.

Yes, the RL Global Equity Diversified Fund is designed for medium- to long-term investors, with a recommended holding period of at least 7 years. The factsheet says it has high equity exposure and is expected to be more volatile, so it is intended for investors who can ride out short-term market swings. Volatility means the fund’s value can move up and down more sharply over shorter periods.

The RL Global Equity Diversified Fund includes a diversified set of large global companies. Its top holdings include NVIDIA, Alphabet, Apple, Microsoft, Amazon, Taiwan Semiconductor Manufacturing, JPMorgan Chase, Eli Lilly, Visa and Berkshire Hathaway. This shows the fund has meaningful exposure to major US names as well as selected companies in other regions.

The RL Global Equity Diversified Fund promotes environmental and social characteristics in line with Royal London’s responsible investment policy. That means the fund is managed with consideration of how companies behave on environmental and social factors, alongside financial factors. The factsheet does not say it excludes entire sectors, but it does state that sustainability risks are one of the key risks investors should be aware of.

The RL Global Equity Diversified Fund carries several key risks, including market fluctuations, capital returns, currency risk, counterparty risk, liquidity risk and sustainability risks. Currency risk means changes in exchange rates can affect returns when the fund invests in companies outside the investor’s home currency. Because it invests mainly in equities, its value can also fall if global stock markets decline.