Royal London Asset Management
Royal London AM UK Dividend Growth Fund
UK Large-cap Income
Jun 2026 → Sep 2026
Our archive holds 2 letters from this strategy and positions in 29 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year · follow all of Royal London Asset Management for every strategy.
Performance
as of Sep 30, 2026 · net of fees · GBP · M Inc GBP
- YTD+8.5%index +9.8%
- 1Y+14.2%index +16.8%
- 3Y · /yr+13.8%index +15.4%
- 5Y · /yr+8.7%index +11.0%
- Inception · /yr+7.8%index +7.4%
Index: FTSE All-Share Index (Total Return, GBP)
| YTD | 1Y | 3Yper year | 5Yper year | Since inceptionper year | |
|---|---|---|---|---|---|
| Royal London AM UK Dividend Growth Fund | +8.5% | +14.2% | +13.8% | +8.7% | +7.8% |
| FTSE All-Share Index (Total Return, GBP) | +9.8% | +16.8% | +15.4% | +11.0% | +7.4% |
Calendar years
- 2025+11.6%
- 2024+15.5%
- 2023+17.2%
- 2022−12.0%
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We exited holdings in Bodycote, DCC, Segro and Rotork following recommended takeover bids, while also disposing of the holdings in Bunzl and Sage Group following strong share price recoveries.
Proceeds were predominately used to fund a new holding in global catering group Compass, as well as build new positions in Porvair, Genus, Howden Joinery, RS Group, Shaftesbury Capital and St James’s Place.
Proceeds were predominately used to fund a new holding in global catering group Compass, as well as build new positions in Porvair, Genus, Howden Joinery, RS Group, Shaftesbury Capital and St James’s Place.
We exited holdings in Bodycote, DCC, Segro and Rotork following recommended takeover bids, while also disposing of the holdings in Bunzl and Sage Group following strong share price recoveries.
Proceeds were predominately used to fund a new holding in global catering group Compass, as well as build new positions in Porvair, Genus, Howden Joinery, RS Group, Shaftesbury Capital and St James’s Place.
We exited holdings in Bodycote, DCC, Segro and Rotork following recommended takeover bids, while also disposing of the holdings in Bunzl and Sage Group following strong share price recoveries.
Proceeds were predominately used to fund a new holding in global catering group Compass, as well as build new positions in Porvair, Genus, Howden Joinery, RS Group, Shaftesbury Capital and St James’s Place.
Proceeds were predominately used to fund a new holding in global catering group Compass, as well as build new positions in Porvair, Genus, Howden Joinery, RS Group, Shaftesbury Capital and St James’s Place.
We exited holdings in Bodycote, DCC, Segro and Rotork following recommended takeover bids, while also disposing of the holdings in Bunzl and Sage Group following strong share price recoveries.
We exited holdings in Bodycote, DCC, Segro and Rotork following recommended takeover bids, while also disposing of the holdings in Bunzl and Sage Group following strong share price recoveries.
Proceeds were predominately used to fund a new holding in global catering group Compass, as well as build new positions in Porvair, Genus, Howden Joinery, RS Group, Shaftesbury Capital and St James’s Place.
Proceeds were predominately used to fund a new holding in global catering group Compass, as well as build new positions in Porvair, Genus, Howden Joinery, RS Group, Shaftesbury Capital and St James’s Place.
We exited holdings in Bodycote, DCC, Segro and Rotork following recommended takeover bids, while also disposing of the holdings in Bunzl and Sage Group following strong share price recoveries.
The largest trades in the quarter were to sell out of Tate & Lyle and to significantly reduce the position in DCC following the bids for the companies.
Proceeds were used to establish new holdings in the consumer goods business Reckitt Benckiser and caterer Compass.
Proceeds were used to establish new holdings in the consumer goods business Reckitt Benckiser and caterer Compass.
The largest trades in the quarter were to sell out of Tate & Lyle and to significantly reduce the position in DCC following the bids for the companies.
The holding in Drax, which we had reduced at higher share prices, was also added to.