Royal London Asset Management
Royal London AM UK Growth Trust
UK Large-cap Growth
Jun 2026 → Sep 2026
Our archive holds 2 letters from this strategy and positions in 32 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 · A Inc GBP
- YTD+7.6%index +9.8%
- 1Y+13.4%index +16.8%
- 3Y · /yr+13.9%index +15.4%
- 5Y · /yr+7.6%index +11.0%
- 10Y · /yr+7.2%index +8.1%
- Inception · /yr+8.0%index +8.1%
Index: FTSE All-Share Index
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Royal London AM UK Growth Trust | +7.6% | +13.4% | +13.9% | +7.6% | +7.2% | +8.0% |
| FTSE All-Share Index | +9.8% | +16.8% | +15.4% | +11.0% | +8.1% | +8.1% |
Calendar years
- 2025+14.7%
- 2024+13.7%
- 2023+14.7%
- 2022−15.1%
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
Proceeds were predominately used to increase Reckitt Benckiser and Rightmove, as well as initiate new positions in Coats, Cranswick, IG Group, Shaftesbury Capital and Volex.
Proceeds were predominately used to increase Reckitt Benckiser and Rightmove, as well as initiate new positions in Coats, Cranswick, IG Group, Shaftesbury Capital and Volex.
We exited holdings in Segro and Mitie following recommended takeover bids, while also disposing of the holding in Tesco in light of a more competitive environment for UK food retail.
Proceeds were predominately used to increase Reckitt Benckiser and Rightmove, as well as initiate new positions in Coats, Cranswick, IG Group, Shaftesbury Capital and Volex.
Proceeds were predominately used to increase Reckitt Benckiser and Rightmove, as well as initiate new positions in Coats, Cranswick, IG Group, Shaftesbury Capital and Volex.
Elsewhere, we continued to reduce holdings in domestic banks NatWest and Lloyds where we believe the shares to be more fairly valued.
We exited holdings in Segro and Mitie following recommended takeover bids, while also disposing of the holding in Tesco in light of a more competitive environment for UK food retail.
Proceeds were predominately used to increase Reckitt Benckiser and Rightmove, as well as initiate new positions in Coats, Cranswick, IG Group, Shaftesbury Capital and Volex.
Proceeds were predominately used to increase Reckitt Benckiser and Rightmove, as well as initiate new positions in Coats, Cranswick, IG Group, Shaftesbury Capital and Volex.
Proceeds were predominately used to increase Reckitt Benckiser and Rightmove, as well as initiate new positions in Coats, Cranswick, IG Group, Shaftesbury Capital and Volex.
Elsewhere, we continued to reduce holdings in domestic banks NatWest and Lloyds where we believe the shares to be more fairly valued.
We exited holdings in Segro and Mitie following recommended takeover bids, while also disposing of the holding in Tesco in light of a more competitive environment for UK food retail.
The main activity during the quarter involved reducing our position in London Stock Exchange Group with the shares having recovered in recent months, partly owing to its market assets that have benefitted from recent volatility.
Some of this was reinvested into new positions in attractive industrial companies, including Weir Group, Vesuvius and RS Group.
The proceeds have been used to initiate a new position in Rightmove, with the shares having been weak given concerns that AI could challenge the UK’s dominant property portal.
We also exited our holding in Computacenter in full, with the shares having performed very strongly over the past 12 months in light of significant data centre spending from its two major customers.
We also added a new position in Anglo American to gain exposure to copper given its role in long-term secular themes such as electrification.
Some of this was reinvested into new positions in attractive industrial companies, including Weir Group, Vesuvius and RS Group.
Some of this was reinvested into new positions in attractive industrial companies, including Weir Group, Vesuvius and RS Group.