Post on 01-Jun-2020
Inve
stm
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PENSION FUND PERFORMANCE
May 2020
royallondoncom
PENSION FUND PERFORMANCE VS
BENCHMARK The following tables show the performance of the Royal London Unit Linked Pension fund range Each fundrsquos performance is shown against its benchmark a gauge against which the performance of the fund can be measured The benchmark is usually an index for example the FTSE All Share Index which tracks the performance of UK shares A fund may also be benchmarked against the sector average the average performance of all pension funds within a sector
Where a fund invests in a number of different geographical areas or assets types a composite benchmark may be used This is when a mixture of indices have been used as a performance gauge The mix between these indices will usually reflect the actual asset allocation of the fund Further information on any of the benchmarks used can be found on our fund factsheets at royallondoncompensioninvestments
2
Page 3Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
DEPOSIT
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
10 Years
5 Years
3 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Deposit LIBID GBP 7 days Index Difference
100 100 Active 007 -024 -039 015
-022 -062 -060 -035 -064 -069 013 002 009
-047 -052 005
-036 -043 -040 077 -046 -052 -050 065 010 009 010 012
010384
GOVERNMENT amp CORPORATE BOND
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
Compound Annual Growth Rate ()
5 Years
10 Years
15 Years
Fund Launch
Date RLP Annuity Composite Benchmark Difference
100 100 Active 355 404 571 -167
240 029 757 216 -151 725 024 180 032
NA NA NA
223 NA NA NA 207 NA NA NA 016 NA NA NA
210815
RLP Corporate Bond Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Active 638 093 536 -443
318 294 1031 254 -037 849 064 331 182
120 149
-029
234 365 651 522 248 345 492 432 -014 020 159 090
310502
RLP Ethical Bond Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Active 561 449 536 -087
333 213 995 254 -037 849 079 250 146
156 149 007
331 425 649 NA 248 345 492 NA 083 080 157 NA
290310
RLP Fixed Interest FTSE Actuaries UK Conventional Gilts All Stocks Index Difference
100 100 Active 566 1258 1383 -125
249 -101 714 214 -177 712 035 076 002
319 316 003
452 477 537 434 452 476 508 472 000 001 029 -038
010384
RLP Global High Yield Bond BofA Merrill Lynch Global Non-Financial High Yield Constrained Index Difference
100 100 Active 980 -621
-736
115
364 129 776
338 108 1156
026 021 -380
256
-104
360
-052 170 NA NA
-107 134 NA NA
055 036 NA NA
180213
RLP Global Index Linked Barclays Capital World Govt Inflation Link Index Difference
100 100 Active 488 669 568 101
236 -109 691 183 -160 717 053 051 -026
059 -079 138
260 304 365 NA 192 240 330 NA 068 064 035 NA
290310
RLP Index Linked FTSE Actuaries UK Index-Linked All Stocks Index Difference
100 100 Active 1075 886 751 135
678 -391 2213 580 -537 2429 098 146 -216
013 -081 094
375 643 749 669 248 581 705 646 127 062 044 023
010384
RLP International Government Bond JPMorgan Global GBI Hedged Index Difference
100 100 Active 292 728 822 -094
242 -083 -092 231 -078 -082 011 -005 -010
331 301 030
290 221 NA NA 318 233 NA NA
-028 -012 NA NA
281111
RLP Long (15yr+) Corporate Bond Composite Benchmark Difference
100 100 Active 1043 1431 1431 000
469 063 1604 424 -040 1445 045 103 159
128 170
-042
639 719 897 699 587 667 768 607 052 052 129 092
220904
RLP Long (15yr+) Gilt Composite Benchmark Difference
100 100 Active 783 1787 1795 -008
412 -151 1080 347 -173 1121 065 022 -041
465 441 024
652 698 801 679 624 684 792 649 028 014 009 030
220904
Page 4GOVERNMENT amp CORPORATE BOND CONTINUED
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Long (15yr+) Index Linked Composite Benchmark Difference
100 100 Active 747 709 574 135
540 -263 1617 472 -383 1799 068 120 -182
-075 -067 -008
320 485 619 615 212 453 602 610 108 032 017 005
220904
RLP Medium (10yr) Corporate Bond Composite Benchmark Difference
100 100 Active 866 834 793 041
381 081 1206 340 -026 1101 041 107 105
113 173
-060
427 513 724 565 363 467 636 514 064 046 088 051
220904
RLP Medium (10yr) Gilt Composite Benchmark Difference
100 100 Active 512 1069 1048 021
314 -222 690 288 -229 720 026 007 -030
398 374 024
374 441 556 514 356 431 549 510 018 010 007 004
220904
RLP Medium (10yr) Index Linked Composite Benchmark Difference
100 100 Active 480 356 237 119
284 -212 1062 238 -306 1149 046 094 -087
-011 -057 046
139 286 430 472 053 240 417 462 086 046 013 010
220904
RLP Short (5yr) Corporate Bond Composite Benchmark Difference
100 100 Active 407 158 268 -110
209 087 807 201 -035 628 008 122 179
154 144 010
151 279 462 422 144 239 391 370 007 040 071 052
220904
RLP Short (5yr) Gilt Composite Benchmark Difference
100 100 Active 233 419 409 010
152 -181 262 141 -229 298 011 048 -036
209 222 -013
127 170 253 323 104 166 252 322 023 004 001 001
220904
RLP Short (5yr) Index Linked Composite Benchmark Difference
100 100 Active 280 075 073 002
178 -169 603 147 -216 632 031 047 -029
-026 -045 019
027 129 198 307 000 114 195 303 027 015 003 004
220904
RLP Short Duration Global High Yield LIBOR GBP 3 Months Index Difference
100 100 Active 558 -375 -026 -349
250 118 298 -019 -055 -058 269 173 356
288 -042 330
-006 112 NA NA -034 -040 NA NA 028 152 NA NA
180213
RLP Sterling Extra Yield Bond Composite Benchmark Difference
100 100 Active 1131 -748 166 -914
507 750 1648 281 147 943 226 603 705
-023 124 -147
148 396 749 NA 198 327 560 NA
-050 069 189 NA
290310
RLP Sustainable Managed Income Trust Markit iBoxx Sterling Non-Gilts All Maturities Index Difference
100 100 Active NA 561 536 025
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP UK Government Bond FTSE Actuaries UK Conventional Gilts All Stocks Index Difference
100 100 Active 584 1377 1383 -006
245 -146 663 214 -177 712 031 031 -049
347 316 031
472 484 508 NA 452 476 508 NA 020 008 000 NA
290310
RLPBaillie Gifford High Yield Bond BofA Merrill Lynch European Currency High Yield Index Difference
130 133 Active 1118 -556 -619 063
261 387 953 255 346 813 006 041 140
129 058 071
021 223 491 NA -016 160 491 NA 037 063 000 NA
290310
RLPBlackRock Long Gilt Index FTSE Actuaries UK Conventional Gilts Over 15 years Index Difference
100 100 Tracker 1077 2616 2607 009
351 -158 1402 327 -123 1373 024 -035 029
509 488 021
872 901 940 705 873 892 926 720 -001 009 014 -015
300503
RLPBlackRock Over 5 years Index linked Gilt Index FTSE Actuaries UK Index-Linked Gilts Over 5 years Index Difference
100 100 Tracker 1213 924 862 062
669 -467 2588 614 -566 2721 055 099 -133
-014 -087 073
357 690 811 NA 284 651 798 NA 073 039 013 NA
070909
RLPBlackRock UK All Stocks Corporate Bond Index Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Tracker 617 531 536 -005
211 -032 864 254 -037 849 -043 005 015
147 149
-002
234 339 491 NA 248 345 492 NA -014 -006 -001 NA
261107
GOVERNMENT amp CORPORATE BOND CONTINUED Page 5
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity Moneybuilder Income BofA Merrill Lynch Euro-Sterling Index Difference
125 141 Active 585 487 529 -042
229 013 753 110 232 -048 828 131 -003 061 -075 -021
241 314 494 NA 235 329 475 NA 006 -015 019 NA
290310
RLPFidelity Strategic Bond BofA Merrill Lynch Sterling Large Cap Index Difference
135 151 Active 511 275 1161 -886
261 -029 282 000 202 -174 738 241 059 145 -456 -241
168 157 404 NA 381 423 490 NA -213 -266 -086 NA
290310
RLPInvesco Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 441 296 528 -232
171 189 545 089 319 122 938 140 -148 067 -393 -051
218 257 437 NA 322 405 563 NA -104 -148 -126 NA
261009
RLPInvesco Global Bond IA Global Bonds Sector Average Difference
145 162 Active 492 131 285 -154
039 -115 750 367 391 048 1097 470 -352 -163 -347 -103
018 230 245 NA 240 452 416 NA -222 -222 -171 NA
261009
RLPInvesco Monthly Income Plus IA pound Strategic Bond Sector Average Difference
158 167 Active 825 -303 122 -425
065 287 886 -129 266 164 831 041 -201 123 055 -170
013 153 458 NA 184 281 479 NA -171 -128 -021 NA
290310
RLPInvestec Emerging Markets Local Currency Debt JPM GBI-EM Global Diversified Index Difference
170 184 Active 1077 -089
NA
-361 313 1763 -225 -049 252 055 NA
NA NA NA NA NA NA 055 NA Benchmark performance figures unavailable
290310
RLPMampG Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 662 437 528 -091
244 007 798 186 319 122 938 140 -075 -115 -140 046
227 330 506 NA 322 405 563 NA -095 -075 -057 NA
290310
RLPMampG Global High Yield Bond IA pound High Yield Sector Average Difference
158 174 Active 896 -726 -695 -031
239 209 1012 -091 341 254 1109 090 -102 -045 -097 -181
-103 113 375 NA -045 203 466 NA -058 -090 -091 NA
290310
RLPMampG Optimal Income IA pound Strategic Bond Sector Average Difference
158 174 Active 673 -475 122 -597
088 335 622 128 266 164 831 041 -178 171 -209 087
-023 133 407 NA 184 281 479 NA -207 -148 -072 NA
290310
RLPMampG Strategic Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 716 054 528 -474
199 161 647 120 319 122 938 140 -120 039 -291 -020
138 234 448 NA 322 405 563 NA -184 -171 -115 NA
290310
PROPERTY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Property ABI UK Direct Property Sector Average Difference
100 100 Active 159 -146 -391 245
371 677 174 222 844 000 149 -167 174
876 704 172
295 384 589 319 213 266 459 295 082 118 130 024
010384
RLPSchroder Global Cities Real Estate FTSE EPRANAREIT Difference
170 187 Active 1492 -338 -1535 1197
1459 -203 1527 1492 -291 1474 -033 088 053
388 601 -213
274 536 674 NA -188 281 596 NA 462 255 078 NA
261009
MIXED ASSET Page 6
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Adventurous Managed Composite Benchmark Difference
100 100 Active 1069 -702 -736 034
474 650 1694 461 614 1761 013 036 -067
-135 -109 -026
122 365 572 613 095 365 604 596 027 000 -032 017
300904
RLP Defensive Managed Composite Benchmark Difference
100 100 Active 628 -388 -372 -016
313 342 1046 278 276 1006 035 066 040
007 018 -011
083 253 457 496 056 231 422 439 027 022 035 057
300996
RLP Managed Composite Benchmark Difference
100 100 Active 934 -583 -581 -002
438 551 1518 411 488 1549 027 063 -031
-084 -063 -021
122 344 565 576 094 337 574 566 028 007 -009 010
010384
RLP Sustainable Diversified Trust IA Mixed Investment (20-60 Shares) Sector Average Difference
100 100 Active 919 962 -365 1327
755 665 1749 251 305 1278 504 360 471
NA NA NA
793 NA NA NA 059 NA NA NA 734 NA NA NA
131115
RLP Sustainable Managed Growth Trust IA Mixed Investment (0-35 Shares) Sector Average Difference
100 100 Active NA 625 084 541
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP Sustainable World Trust IA Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Active NA 1290 -405 1695
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP7IM AAP Adventurous IA Flexible Investment Sector Average Difference
145 163 Active 1184 -662 -448 -214
-006 745 1740 326 578 1883 -332 167 -143
-1022 -369 -653
009 111 NA NA 143 361 NA NA -134 -250 NA NA
080512
RLP7IM AAP Balanced IA Mixed Investment (20-60 Shares) Sector Average Difference
145 161 Active 790 -245 -365 120
-046 339 1122 251 305 1278 -297 034 -156
-791 -176 -615
013 056 NA NA 059 243 NA NA -046 -187 NA NA
080512
RLP7IM AAP Moderately Adventurous IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 998 -445 -403 -042
-027 578 1580 410 490 1715 -437 088 -135
-953 -264 -689
026 109 NA NA 157 363 NA NA -131 -254 NA NA
080512
RLP7IM AAP Moderately Cautious IA Mixed Investment (0-35 Shares) Sector Average Difference
145 162 Active 573 -017 -069 052
-086 096 550 221 159 961 -307 -063 -411
-422 -068 -354
-003 019 NA NA 103 234 NA NA -106 -215 NA NA
080512
RLPBlackRock Consensus 85 ABI Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Tracker 1084 -351 -405 054
411 326 1924 381 460 1693 030 -134 231
-143 -298 155
123 404 555 620 137 340 533 590
-014 064 022 030
310502
RLPBMF Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 223 Active 1282 -526 -403 -123
322 543 1499 410 490 1715
-088 053 -216
-431 -264 -167
102 255 NA NA 157 363 NA NA
-055 -108 NA NA
080512
RLPBMF Cautious Growth IA Mixed Investment (20-60 Shares) Sector Average Difference
145 212 Active 969 -434 -365 -069
268 159 1098 251 305 1278 017 -146 -180
-033 -176 143
-008 199 NA NA 059 243 NA NA -067 -044 NA NA
080512
RLPBMF Defensive Income IA Mixed Investment (0-35 Shares) Sector Average Difference
145 210 Active 689 -202 -069 -133
197 000 723 221 159 961
-024 -159 -238
-190 -068 -122
-003 100 NA NA 103 234 NA NA -106 -134 NA NA
080512
RLPInvesco Distribution IA Mixed Investment (20-60 Shares) Sector Average Difference
164 177 Active 956 -497 -365 -132
199 110 945 251 305 1278
-052 -195 -333
-202 -176 -026
-067 099 468 NA 059 243 428 NA -126 -144 040 NA
290310
MIXED ASSET CONTINUED Page 7
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPInvestec Cautious Managed UK Consumer Price Index Difference
158 166 Active 1101 -1264 -066 -1198
-274 064 1222 052 078 110 -326 -014 1112
-285 -129 -156
-508 -139 181 NA 021 009 039 NA -529 -148 142 NA
261009
RLPJupiter Merlin Balanced Portfolio IA Mixed Investment (40-85 Shares) Sector Average Difference
170 257 Active 1110 -291
-462 171
579 484 1744 474 420 1708 105 064 036
-193 -309 116
250 439 585 NA 135 338 545 NA 115 101 040 NA
290310
RLPJupiter Merlin Growth Portfolio IA Flexible Investment Sector Average Difference
170 269 Active 1390 -378
-515 137
773 437 1977 397 498 1862 376 -061 115
-303 -411 108
266 467 654 NA 116 332 514 NA 150 135 140 NA
290310
RLPJupiter Merlin Income Portfolio IA Mixed Investment (20-60 Shares) Sector Average Difference
170 242 Active 895 -250
-416 166
390 154 1217 301 248 1282 089 -094 -065
-425 -213 -212
094 201 406 NA 039 224 424 NA 055 -023 -018 NA
290310
RLPMan GLG Balanced Managed IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 1197 -901
-462 -439
-036 690 1630 474 420 1708 -510 270 -078
-717 -309 -408
-104 091 457 496 135 338 545 588
-239 -247 -088 -092
310502
RLPMan GLG Stockmarket Managed IA Flexible Investment Sector Average Difference
145 160 Active 1254 -885
-515 -370
118 807 1769 397 498 1862 -279 309 -093
-779 -411 -368
-011 158 489 539 116 332 514 591 -127 -174 -025 -052
310502
RLPNeptune Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
170 182 Active 1108 596 -403 999
606 1211 1972 410 490 1715 196 721 257
-988 -264 -724
800 633 600 NA 157 363 549 NA 643 270 051 NA
290310
RLPNeptune Global Alpha MSCI World Index Difference
195 208 Active 1444 238 -022 260
787 2381 2293 1313 693 3056 -526 1688 -763
-1620 112
-1732
1098 708 822 NA 647 976 1039 NA 451 -268 -217 NA
290310
RLPBNY Mellon Multi-Asset Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 156 Active 1157 011 -403 414
735 108 1278 410 490 1715 325 -382 -437
-087 -264 177
280 396 466 NA 157 363 549 NA 123 033 -083 NA
210108
RLPBNY Mellon Multi-Asset Growth IA Flexible Investment Sector Average Difference
145 157 Active 1570 -494 -448 -046
692 601 1633 326 578 1883 366 023 -250
241 -369 610
251 511 704 NA 143 361 521 NA 108 150 183 NA
210108
RLPRathbone Enhanced Growth Composite Benchmark Difference
145 175 Active 1153 -467 396 -863
610 693 2177 554 582 620 056 111 1557
-413 377
-790
265 477 NA NA 510 505 NA NA -245 -028 NA NA
080512
RLPRathbone Strategic Growth UK Consumer Price Index +3 Difference
145 159 Active 845 -338 217 -555
524 468 1391 357 386 421 167 082 970
-050 180 -230
210 382 NA NA 319 311 NA NA -109 071 NA NA
080512
RLPRathbone Total Return LIBOR GBP 6 Months +2 Index Difference
145 159 Active 468 000 133 -133
306 051 579 144 108 109 162 -057 470
-009 124 -133
118 183 NA NA 128 123 NA NA -010 060 NA NA
080512
RLPSchroder Managed Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
135 145 Active 1164 -620 -403 -217
104 512 1809 410 490 1715 -306 022 094
-404 -264 -140
-013 245 444 575 157 363 549 594 -170 -118 -105 -019
290698
RLPSchroder MM Diversity UK Consumer Price Index Difference
135 210 Active 642 -182 -043 -139
-094 -102 566 075 101 133 -169 -203 433
-380 -106 -274
-126 -044 NA NA 044 032 NA NA -170 -076 NA NA
080512
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
PENSION FUND PERFORMANCE VS
BENCHMARK The following tables show the performance of the Royal London Unit Linked Pension fund range Each fundrsquos performance is shown against its benchmark a gauge against which the performance of the fund can be measured The benchmark is usually an index for example the FTSE All Share Index which tracks the performance of UK shares A fund may also be benchmarked against the sector average the average performance of all pension funds within a sector
Where a fund invests in a number of different geographical areas or assets types a composite benchmark may be used This is when a mixture of indices have been used as a performance gauge The mix between these indices will usually reflect the actual asset allocation of the fund Further information on any of the benchmarks used can be found on our fund factsheets at royallondoncompensioninvestments
2
Page 3Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
DEPOSIT
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
10 Years
5 Years
3 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Deposit LIBID GBP 7 days Index Difference
100 100 Active 007 -024 -039 015
-022 -062 -060 -035 -064 -069 013 002 009
-047 -052 005
-036 -043 -040 077 -046 -052 -050 065 010 009 010 012
010384
GOVERNMENT amp CORPORATE BOND
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
Compound Annual Growth Rate ()
5 Years
10 Years
15 Years
Fund Launch
Date RLP Annuity Composite Benchmark Difference
100 100 Active 355 404 571 -167
240 029 757 216 -151 725 024 180 032
NA NA NA
223 NA NA NA 207 NA NA NA 016 NA NA NA
210815
RLP Corporate Bond Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Active 638 093 536 -443
318 294 1031 254 -037 849 064 331 182
120 149
-029
234 365 651 522 248 345 492 432 -014 020 159 090
310502
RLP Ethical Bond Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Active 561 449 536 -087
333 213 995 254 -037 849 079 250 146
156 149 007
331 425 649 NA 248 345 492 NA 083 080 157 NA
290310
RLP Fixed Interest FTSE Actuaries UK Conventional Gilts All Stocks Index Difference
100 100 Active 566 1258 1383 -125
249 -101 714 214 -177 712 035 076 002
319 316 003
452 477 537 434 452 476 508 472 000 001 029 -038
010384
RLP Global High Yield Bond BofA Merrill Lynch Global Non-Financial High Yield Constrained Index Difference
100 100 Active 980 -621
-736
115
364 129 776
338 108 1156
026 021 -380
256
-104
360
-052 170 NA NA
-107 134 NA NA
055 036 NA NA
180213
RLP Global Index Linked Barclays Capital World Govt Inflation Link Index Difference
100 100 Active 488 669 568 101
236 -109 691 183 -160 717 053 051 -026
059 -079 138
260 304 365 NA 192 240 330 NA 068 064 035 NA
290310
RLP Index Linked FTSE Actuaries UK Index-Linked All Stocks Index Difference
100 100 Active 1075 886 751 135
678 -391 2213 580 -537 2429 098 146 -216
013 -081 094
375 643 749 669 248 581 705 646 127 062 044 023
010384
RLP International Government Bond JPMorgan Global GBI Hedged Index Difference
100 100 Active 292 728 822 -094
242 -083 -092 231 -078 -082 011 -005 -010
331 301 030
290 221 NA NA 318 233 NA NA
-028 -012 NA NA
281111
RLP Long (15yr+) Corporate Bond Composite Benchmark Difference
100 100 Active 1043 1431 1431 000
469 063 1604 424 -040 1445 045 103 159
128 170
-042
639 719 897 699 587 667 768 607 052 052 129 092
220904
RLP Long (15yr+) Gilt Composite Benchmark Difference
100 100 Active 783 1787 1795 -008
412 -151 1080 347 -173 1121 065 022 -041
465 441 024
652 698 801 679 624 684 792 649 028 014 009 030
220904
Page 4GOVERNMENT amp CORPORATE BOND CONTINUED
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Long (15yr+) Index Linked Composite Benchmark Difference
100 100 Active 747 709 574 135
540 -263 1617 472 -383 1799 068 120 -182
-075 -067 -008
320 485 619 615 212 453 602 610 108 032 017 005
220904
RLP Medium (10yr) Corporate Bond Composite Benchmark Difference
100 100 Active 866 834 793 041
381 081 1206 340 -026 1101 041 107 105
113 173
-060
427 513 724 565 363 467 636 514 064 046 088 051
220904
RLP Medium (10yr) Gilt Composite Benchmark Difference
100 100 Active 512 1069 1048 021
314 -222 690 288 -229 720 026 007 -030
398 374 024
374 441 556 514 356 431 549 510 018 010 007 004
220904
RLP Medium (10yr) Index Linked Composite Benchmark Difference
100 100 Active 480 356 237 119
284 -212 1062 238 -306 1149 046 094 -087
-011 -057 046
139 286 430 472 053 240 417 462 086 046 013 010
220904
RLP Short (5yr) Corporate Bond Composite Benchmark Difference
100 100 Active 407 158 268 -110
209 087 807 201 -035 628 008 122 179
154 144 010
151 279 462 422 144 239 391 370 007 040 071 052
220904
RLP Short (5yr) Gilt Composite Benchmark Difference
100 100 Active 233 419 409 010
152 -181 262 141 -229 298 011 048 -036
209 222 -013
127 170 253 323 104 166 252 322 023 004 001 001
220904
RLP Short (5yr) Index Linked Composite Benchmark Difference
100 100 Active 280 075 073 002
178 -169 603 147 -216 632 031 047 -029
-026 -045 019
027 129 198 307 000 114 195 303 027 015 003 004
220904
RLP Short Duration Global High Yield LIBOR GBP 3 Months Index Difference
100 100 Active 558 -375 -026 -349
250 118 298 -019 -055 -058 269 173 356
288 -042 330
-006 112 NA NA -034 -040 NA NA 028 152 NA NA
180213
RLP Sterling Extra Yield Bond Composite Benchmark Difference
100 100 Active 1131 -748 166 -914
507 750 1648 281 147 943 226 603 705
-023 124 -147
148 396 749 NA 198 327 560 NA
-050 069 189 NA
290310
RLP Sustainable Managed Income Trust Markit iBoxx Sterling Non-Gilts All Maturities Index Difference
100 100 Active NA 561 536 025
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP UK Government Bond FTSE Actuaries UK Conventional Gilts All Stocks Index Difference
100 100 Active 584 1377 1383 -006
245 -146 663 214 -177 712 031 031 -049
347 316 031
472 484 508 NA 452 476 508 NA 020 008 000 NA
290310
RLPBaillie Gifford High Yield Bond BofA Merrill Lynch European Currency High Yield Index Difference
130 133 Active 1118 -556 -619 063
261 387 953 255 346 813 006 041 140
129 058 071
021 223 491 NA -016 160 491 NA 037 063 000 NA
290310
RLPBlackRock Long Gilt Index FTSE Actuaries UK Conventional Gilts Over 15 years Index Difference
100 100 Tracker 1077 2616 2607 009
351 -158 1402 327 -123 1373 024 -035 029
509 488 021
872 901 940 705 873 892 926 720 -001 009 014 -015
300503
RLPBlackRock Over 5 years Index linked Gilt Index FTSE Actuaries UK Index-Linked Gilts Over 5 years Index Difference
100 100 Tracker 1213 924 862 062
669 -467 2588 614 -566 2721 055 099 -133
-014 -087 073
357 690 811 NA 284 651 798 NA 073 039 013 NA
070909
RLPBlackRock UK All Stocks Corporate Bond Index Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Tracker 617 531 536 -005
211 -032 864 254 -037 849 -043 005 015
147 149
-002
234 339 491 NA 248 345 492 NA -014 -006 -001 NA
261107
GOVERNMENT amp CORPORATE BOND CONTINUED Page 5
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity Moneybuilder Income BofA Merrill Lynch Euro-Sterling Index Difference
125 141 Active 585 487 529 -042
229 013 753 110 232 -048 828 131 -003 061 -075 -021
241 314 494 NA 235 329 475 NA 006 -015 019 NA
290310
RLPFidelity Strategic Bond BofA Merrill Lynch Sterling Large Cap Index Difference
135 151 Active 511 275 1161 -886
261 -029 282 000 202 -174 738 241 059 145 -456 -241
168 157 404 NA 381 423 490 NA -213 -266 -086 NA
290310
RLPInvesco Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 441 296 528 -232
171 189 545 089 319 122 938 140 -148 067 -393 -051
218 257 437 NA 322 405 563 NA -104 -148 -126 NA
261009
RLPInvesco Global Bond IA Global Bonds Sector Average Difference
145 162 Active 492 131 285 -154
039 -115 750 367 391 048 1097 470 -352 -163 -347 -103
018 230 245 NA 240 452 416 NA -222 -222 -171 NA
261009
RLPInvesco Monthly Income Plus IA pound Strategic Bond Sector Average Difference
158 167 Active 825 -303 122 -425
065 287 886 -129 266 164 831 041 -201 123 055 -170
013 153 458 NA 184 281 479 NA -171 -128 -021 NA
290310
RLPInvestec Emerging Markets Local Currency Debt JPM GBI-EM Global Diversified Index Difference
170 184 Active 1077 -089
NA
-361 313 1763 -225 -049 252 055 NA
NA NA NA NA NA NA 055 NA Benchmark performance figures unavailable
290310
RLPMampG Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 662 437 528 -091
244 007 798 186 319 122 938 140 -075 -115 -140 046
227 330 506 NA 322 405 563 NA -095 -075 -057 NA
290310
RLPMampG Global High Yield Bond IA pound High Yield Sector Average Difference
158 174 Active 896 -726 -695 -031
239 209 1012 -091 341 254 1109 090 -102 -045 -097 -181
-103 113 375 NA -045 203 466 NA -058 -090 -091 NA
290310
RLPMampG Optimal Income IA pound Strategic Bond Sector Average Difference
158 174 Active 673 -475 122 -597
088 335 622 128 266 164 831 041 -178 171 -209 087
-023 133 407 NA 184 281 479 NA -207 -148 -072 NA
290310
RLPMampG Strategic Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 716 054 528 -474
199 161 647 120 319 122 938 140 -120 039 -291 -020
138 234 448 NA 322 405 563 NA -184 -171 -115 NA
290310
PROPERTY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Property ABI UK Direct Property Sector Average Difference
100 100 Active 159 -146 -391 245
371 677 174 222 844 000 149 -167 174
876 704 172
295 384 589 319 213 266 459 295 082 118 130 024
010384
RLPSchroder Global Cities Real Estate FTSE EPRANAREIT Difference
170 187 Active 1492 -338 -1535 1197
1459 -203 1527 1492 -291 1474 -033 088 053
388 601 -213
274 536 674 NA -188 281 596 NA 462 255 078 NA
261009
MIXED ASSET Page 6
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Adventurous Managed Composite Benchmark Difference
100 100 Active 1069 -702 -736 034
474 650 1694 461 614 1761 013 036 -067
-135 -109 -026
122 365 572 613 095 365 604 596 027 000 -032 017
300904
RLP Defensive Managed Composite Benchmark Difference
100 100 Active 628 -388 -372 -016
313 342 1046 278 276 1006 035 066 040
007 018 -011
083 253 457 496 056 231 422 439 027 022 035 057
300996
RLP Managed Composite Benchmark Difference
100 100 Active 934 -583 -581 -002
438 551 1518 411 488 1549 027 063 -031
-084 -063 -021
122 344 565 576 094 337 574 566 028 007 -009 010
010384
RLP Sustainable Diversified Trust IA Mixed Investment (20-60 Shares) Sector Average Difference
100 100 Active 919 962 -365 1327
755 665 1749 251 305 1278 504 360 471
NA NA NA
793 NA NA NA 059 NA NA NA 734 NA NA NA
131115
RLP Sustainable Managed Growth Trust IA Mixed Investment (0-35 Shares) Sector Average Difference
100 100 Active NA 625 084 541
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP Sustainable World Trust IA Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Active NA 1290 -405 1695
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP7IM AAP Adventurous IA Flexible Investment Sector Average Difference
145 163 Active 1184 -662 -448 -214
-006 745 1740 326 578 1883 -332 167 -143
-1022 -369 -653
009 111 NA NA 143 361 NA NA -134 -250 NA NA
080512
RLP7IM AAP Balanced IA Mixed Investment (20-60 Shares) Sector Average Difference
145 161 Active 790 -245 -365 120
-046 339 1122 251 305 1278 -297 034 -156
-791 -176 -615
013 056 NA NA 059 243 NA NA -046 -187 NA NA
080512
RLP7IM AAP Moderately Adventurous IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 998 -445 -403 -042
-027 578 1580 410 490 1715 -437 088 -135
-953 -264 -689
026 109 NA NA 157 363 NA NA -131 -254 NA NA
080512
RLP7IM AAP Moderately Cautious IA Mixed Investment (0-35 Shares) Sector Average Difference
145 162 Active 573 -017 -069 052
-086 096 550 221 159 961 -307 -063 -411
-422 -068 -354
-003 019 NA NA 103 234 NA NA -106 -215 NA NA
080512
RLPBlackRock Consensus 85 ABI Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Tracker 1084 -351 -405 054
411 326 1924 381 460 1693 030 -134 231
-143 -298 155
123 404 555 620 137 340 533 590
-014 064 022 030
310502
RLPBMF Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 223 Active 1282 -526 -403 -123
322 543 1499 410 490 1715
-088 053 -216
-431 -264 -167
102 255 NA NA 157 363 NA NA
-055 -108 NA NA
080512
RLPBMF Cautious Growth IA Mixed Investment (20-60 Shares) Sector Average Difference
145 212 Active 969 -434 -365 -069
268 159 1098 251 305 1278 017 -146 -180
-033 -176 143
-008 199 NA NA 059 243 NA NA -067 -044 NA NA
080512
RLPBMF Defensive Income IA Mixed Investment (0-35 Shares) Sector Average Difference
145 210 Active 689 -202 -069 -133
197 000 723 221 159 961
-024 -159 -238
-190 -068 -122
-003 100 NA NA 103 234 NA NA -106 -134 NA NA
080512
RLPInvesco Distribution IA Mixed Investment (20-60 Shares) Sector Average Difference
164 177 Active 956 -497 -365 -132
199 110 945 251 305 1278
-052 -195 -333
-202 -176 -026
-067 099 468 NA 059 243 428 NA -126 -144 040 NA
290310
MIXED ASSET CONTINUED Page 7
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPInvestec Cautious Managed UK Consumer Price Index Difference
158 166 Active 1101 -1264 -066 -1198
-274 064 1222 052 078 110 -326 -014 1112
-285 -129 -156
-508 -139 181 NA 021 009 039 NA -529 -148 142 NA
261009
RLPJupiter Merlin Balanced Portfolio IA Mixed Investment (40-85 Shares) Sector Average Difference
170 257 Active 1110 -291
-462 171
579 484 1744 474 420 1708 105 064 036
-193 -309 116
250 439 585 NA 135 338 545 NA 115 101 040 NA
290310
RLPJupiter Merlin Growth Portfolio IA Flexible Investment Sector Average Difference
170 269 Active 1390 -378
-515 137
773 437 1977 397 498 1862 376 -061 115
-303 -411 108
266 467 654 NA 116 332 514 NA 150 135 140 NA
290310
RLPJupiter Merlin Income Portfolio IA Mixed Investment (20-60 Shares) Sector Average Difference
170 242 Active 895 -250
-416 166
390 154 1217 301 248 1282 089 -094 -065
-425 -213 -212
094 201 406 NA 039 224 424 NA 055 -023 -018 NA
290310
RLPMan GLG Balanced Managed IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 1197 -901
-462 -439
-036 690 1630 474 420 1708 -510 270 -078
-717 -309 -408
-104 091 457 496 135 338 545 588
-239 -247 -088 -092
310502
RLPMan GLG Stockmarket Managed IA Flexible Investment Sector Average Difference
145 160 Active 1254 -885
-515 -370
118 807 1769 397 498 1862 -279 309 -093
-779 -411 -368
-011 158 489 539 116 332 514 591 -127 -174 -025 -052
310502
RLPNeptune Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
170 182 Active 1108 596 -403 999
606 1211 1972 410 490 1715 196 721 257
-988 -264 -724
800 633 600 NA 157 363 549 NA 643 270 051 NA
290310
RLPNeptune Global Alpha MSCI World Index Difference
195 208 Active 1444 238 -022 260
787 2381 2293 1313 693 3056 -526 1688 -763
-1620 112
-1732
1098 708 822 NA 647 976 1039 NA 451 -268 -217 NA
290310
RLPBNY Mellon Multi-Asset Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 156 Active 1157 011 -403 414
735 108 1278 410 490 1715 325 -382 -437
-087 -264 177
280 396 466 NA 157 363 549 NA 123 033 -083 NA
210108
RLPBNY Mellon Multi-Asset Growth IA Flexible Investment Sector Average Difference
145 157 Active 1570 -494 -448 -046
692 601 1633 326 578 1883 366 023 -250
241 -369 610
251 511 704 NA 143 361 521 NA 108 150 183 NA
210108
RLPRathbone Enhanced Growth Composite Benchmark Difference
145 175 Active 1153 -467 396 -863
610 693 2177 554 582 620 056 111 1557
-413 377
-790
265 477 NA NA 510 505 NA NA -245 -028 NA NA
080512
RLPRathbone Strategic Growth UK Consumer Price Index +3 Difference
145 159 Active 845 -338 217 -555
524 468 1391 357 386 421 167 082 970
-050 180 -230
210 382 NA NA 319 311 NA NA -109 071 NA NA
080512
RLPRathbone Total Return LIBOR GBP 6 Months +2 Index Difference
145 159 Active 468 000 133 -133
306 051 579 144 108 109 162 -057 470
-009 124 -133
118 183 NA NA 128 123 NA NA -010 060 NA NA
080512
RLPSchroder Managed Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
135 145 Active 1164 -620 -403 -217
104 512 1809 410 490 1715 -306 022 094
-404 -264 -140
-013 245 444 575 157 363 549 594 -170 -118 -105 -019
290698
RLPSchroder MM Diversity UK Consumer Price Index Difference
135 210 Active 642 -182 -043 -139
-094 -102 566 075 101 133 -169 -203 433
-380 -106 -274
-126 -044 NA NA 044 032 NA NA -170 -076 NA NA
080512
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
Page 3Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
DEPOSIT
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
10 Years
5 Years
3 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Deposit LIBID GBP 7 days Index Difference
100 100 Active 007 -024 -039 015
-022 -062 -060 -035 -064 -069 013 002 009
-047 -052 005
-036 -043 -040 077 -046 -052 -050 065 010 009 010 012
010384
GOVERNMENT amp CORPORATE BOND
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
Compound Annual Growth Rate ()
5 Years
10 Years
15 Years
Fund Launch
Date RLP Annuity Composite Benchmark Difference
100 100 Active 355 404 571 -167
240 029 757 216 -151 725 024 180 032
NA NA NA
223 NA NA NA 207 NA NA NA 016 NA NA NA
210815
RLP Corporate Bond Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Active 638 093 536 -443
318 294 1031 254 -037 849 064 331 182
120 149
-029
234 365 651 522 248 345 492 432 -014 020 159 090
310502
RLP Ethical Bond Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Active 561 449 536 -087
333 213 995 254 -037 849 079 250 146
156 149 007
331 425 649 NA 248 345 492 NA 083 080 157 NA
290310
RLP Fixed Interest FTSE Actuaries UK Conventional Gilts All Stocks Index Difference
100 100 Active 566 1258 1383 -125
249 -101 714 214 -177 712 035 076 002
319 316 003
452 477 537 434 452 476 508 472 000 001 029 -038
010384
RLP Global High Yield Bond BofA Merrill Lynch Global Non-Financial High Yield Constrained Index Difference
100 100 Active 980 -621
-736
115
364 129 776
338 108 1156
026 021 -380
256
-104
360
-052 170 NA NA
-107 134 NA NA
055 036 NA NA
180213
RLP Global Index Linked Barclays Capital World Govt Inflation Link Index Difference
100 100 Active 488 669 568 101
236 -109 691 183 -160 717 053 051 -026
059 -079 138
260 304 365 NA 192 240 330 NA 068 064 035 NA
290310
RLP Index Linked FTSE Actuaries UK Index-Linked All Stocks Index Difference
100 100 Active 1075 886 751 135
678 -391 2213 580 -537 2429 098 146 -216
013 -081 094
375 643 749 669 248 581 705 646 127 062 044 023
010384
RLP International Government Bond JPMorgan Global GBI Hedged Index Difference
100 100 Active 292 728 822 -094
242 -083 -092 231 -078 -082 011 -005 -010
331 301 030
290 221 NA NA 318 233 NA NA
-028 -012 NA NA
281111
RLP Long (15yr+) Corporate Bond Composite Benchmark Difference
100 100 Active 1043 1431 1431 000
469 063 1604 424 -040 1445 045 103 159
128 170
-042
639 719 897 699 587 667 768 607 052 052 129 092
220904
RLP Long (15yr+) Gilt Composite Benchmark Difference
100 100 Active 783 1787 1795 -008
412 -151 1080 347 -173 1121 065 022 -041
465 441 024
652 698 801 679 624 684 792 649 028 014 009 030
220904
Page 4GOVERNMENT amp CORPORATE BOND CONTINUED
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Long (15yr+) Index Linked Composite Benchmark Difference
100 100 Active 747 709 574 135
540 -263 1617 472 -383 1799 068 120 -182
-075 -067 -008
320 485 619 615 212 453 602 610 108 032 017 005
220904
RLP Medium (10yr) Corporate Bond Composite Benchmark Difference
100 100 Active 866 834 793 041
381 081 1206 340 -026 1101 041 107 105
113 173
-060
427 513 724 565 363 467 636 514 064 046 088 051
220904
RLP Medium (10yr) Gilt Composite Benchmark Difference
100 100 Active 512 1069 1048 021
314 -222 690 288 -229 720 026 007 -030
398 374 024
374 441 556 514 356 431 549 510 018 010 007 004
220904
RLP Medium (10yr) Index Linked Composite Benchmark Difference
100 100 Active 480 356 237 119
284 -212 1062 238 -306 1149 046 094 -087
-011 -057 046
139 286 430 472 053 240 417 462 086 046 013 010
220904
RLP Short (5yr) Corporate Bond Composite Benchmark Difference
100 100 Active 407 158 268 -110
209 087 807 201 -035 628 008 122 179
154 144 010
151 279 462 422 144 239 391 370 007 040 071 052
220904
RLP Short (5yr) Gilt Composite Benchmark Difference
100 100 Active 233 419 409 010
152 -181 262 141 -229 298 011 048 -036
209 222 -013
127 170 253 323 104 166 252 322 023 004 001 001
220904
RLP Short (5yr) Index Linked Composite Benchmark Difference
100 100 Active 280 075 073 002
178 -169 603 147 -216 632 031 047 -029
-026 -045 019
027 129 198 307 000 114 195 303 027 015 003 004
220904
RLP Short Duration Global High Yield LIBOR GBP 3 Months Index Difference
100 100 Active 558 -375 -026 -349
250 118 298 -019 -055 -058 269 173 356
288 -042 330
-006 112 NA NA -034 -040 NA NA 028 152 NA NA
180213
RLP Sterling Extra Yield Bond Composite Benchmark Difference
100 100 Active 1131 -748 166 -914
507 750 1648 281 147 943 226 603 705
-023 124 -147
148 396 749 NA 198 327 560 NA
-050 069 189 NA
290310
RLP Sustainable Managed Income Trust Markit iBoxx Sterling Non-Gilts All Maturities Index Difference
100 100 Active NA 561 536 025
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP UK Government Bond FTSE Actuaries UK Conventional Gilts All Stocks Index Difference
100 100 Active 584 1377 1383 -006
245 -146 663 214 -177 712 031 031 -049
347 316 031
472 484 508 NA 452 476 508 NA 020 008 000 NA
290310
RLPBaillie Gifford High Yield Bond BofA Merrill Lynch European Currency High Yield Index Difference
130 133 Active 1118 -556 -619 063
261 387 953 255 346 813 006 041 140
129 058 071
021 223 491 NA -016 160 491 NA 037 063 000 NA
290310
RLPBlackRock Long Gilt Index FTSE Actuaries UK Conventional Gilts Over 15 years Index Difference
100 100 Tracker 1077 2616 2607 009
351 -158 1402 327 -123 1373 024 -035 029
509 488 021
872 901 940 705 873 892 926 720 -001 009 014 -015
300503
RLPBlackRock Over 5 years Index linked Gilt Index FTSE Actuaries UK Index-Linked Gilts Over 5 years Index Difference
100 100 Tracker 1213 924 862 062
669 -467 2588 614 -566 2721 055 099 -133
-014 -087 073
357 690 811 NA 284 651 798 NA 073 039 013 NA
070909
RLPBlackRock UK All Stocks Corporate Bond Index Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Tracker 617 531 536 -005
211 -032 864 254 -037 849 -043 005 015
147 149
-002
234 339 491 NA 248 345 492 NA -014 -006 -001 NA
261107
GOVERNMENT amp CORPORATE BOND CONTINUED Page 5
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity Moneybuilder Income BofA Merrill Lynch Euro-Sterling Index Difference
125 141 Active 585 487 529 -042
229 013 753 110 232 -048 828 131 -003 061 -075 -021
241 314 494 NA 235 329 475 NA 006 -015 019 NA
290310
RLPFidelity Strategic Bond BofA Merrill Lynch Sterling Large Cap Index Difference
135 151 Active 511 275 1161 -886
261 -029 282 000 202 -174 738 241 059 145 -456 -241
168 157 404 NA 381 423 490 NA -213 -266 -086 NA
290310
RLPInvesco Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 441 296 528 -232
171 189 545 089 319 122 938 140 -148 067 -393 -051
218 257 437 NA 322 405 563 NA -104 -148 -126 NA
261009
RLPInvesco Global Bond IA Global Bonds Sector Average Difference
145 162 Active 492 131 285 -154
039 -115 750 367 391 048 1097 470 -352 -163 -347 -103
018 230 245 NA 240 452 416 NA -222 -222 -171 NA
261009
RLPInvesco Monthly Income Plus IA pound Strategic Bond Sector Average Difference
158 167 Active 825 -303 122 -425
065 287 886 -129 266 164 831 041 -201 123 055 -170
013 153 458 NA 184 281 479 NA -171 -128 -021 NA
290310
RLPInvestec Emerging Markets Local Currency Debt JPM GBI-EM Global Diversified Index Difference
170 184 Active 1077 -089
NA
-361 313 1763 -225 -049 252 055 NA
NA NA NA NA NA NA 055 NA Benchmark performance figures unavailable
290310
RLPMampG Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 662 437 528 -091
244 007 798 186 319 122 938 140 -075 -115 -140 046
227 330 506 NA 322 405 563 NA -095 -075 -057 NA
290310
RLPMampG Global High Yield Bond IA pound High Yield Sector Average Difference
158 174 Active 896 -726 -695 -031
239 209 1012 -091 341 254 1109 090 -102 -045 -097 -181
-103 113 375 NA -045 203 466 NA -058 -090 -091 NA
290310
RLPMampG Optimal Income IA pound Strategic Bond Sector Average Difference
158 174 Active 673 -475 122 -597
088 335 622 128 266 164 831 041 -178 171 -209 087
-023 133 407 NA 184 281 479 NA -207 -148 -072 NA
290310
RLPMampG Strategic Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 716 054 528 -474
199 161 647 120 319 122 938 140 -120 039 -291 -020
138 234 448 NA 322 405 563 NA -184 -171 -115 NA
290310
PROPERTY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Property ABI UK Direct Property Sector Average Difference
100 100 Active 159 -146 -391 245
371 677 174 222 844 000 149 -167 174
876 704 172
295 384 589 319 213 266 459 295 082 118 130 024
010384
RLPSchroder Global Cities Real Estate FTSE EPRANAREIT Difference
170 187 Active 1492 -338 -1535 1197
1459 -203 1527 1492 -291 1474 -033 088 053
388 601 -213
274 536 674 NA -188 281 596 NA 462 255 078 NA
261009
MIXED ASSET Page 6
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Adventurous Managed Composite Benchmark Difference
100 100 Active 1069 -702 -736 034
474 650 1694 461 614 1761 013 036 -067
-135 -109 -026
122 365 572 613 095 365 604 596 027 000 -032 017
300904
RLP Defensive Managed Composite Benchmark Difference
100 100 Active 628 -388 -372 -016
313 342 1046 278 276 1006 035 066 040
007 018 -011
083 253 457 496 056 231 422 439 027 022 035 057
300996
RLP Managed Composite Benchmark Difference
100 100 Active 934 -583 -581 -002
438 551 1518 411 488 1549 027 063 -031
-084 -063 -021
122 344 565 576 094 337 574 566 028 007 -009 010
010384
RLP Sustainable Diversified Trust IA Mixed Investment (20-60 Shares) Sector Average Difference
100 100 Active 919 962 -365 1327
755 665 1749 251 305 1278 504 360 471
NA NA NA
793 NA NA NA 059 NA NA NA 734 NA NA NA
131115
RLP Sustainable Managed Growth Trust IA Mixed Investment (0-35 Shares) Sector Average Difference
100 100 Active NA 625 084 541
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP Sustainable World Trust IA Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Active NA 1290 -405 1695
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP7IM AAP Adventurous IA Flexible Investment Sector Average Difference
145 163 Active 1184 -662 -448 -214
-006 745 1740 326 578 1883 -332 167 -143
-1022 -369 -653
009 111 NA NA 143 361 NA NA -134 -250 NA NA
080512
RLP7IM AAP Balanced IA Mixed Investment (20-60 Shares) Sector Average Difference
145 161 Active 790 -245 -365 120
-046 339 1122 251 305 1278 -297 034 -156
-791 -176 -615
013 056 NA NA 059 243 NA NA -046 -187 NA NA
080512
RLP7IM AAP Moderately Adventurous IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 998 -445 -403 -042
-027 578 1580 410 490 1715 -437 088 -135
-953 -264 -689
026 109 NA NA 157 363 NA NA -131 -254 NA NA
080512
RLP7IM AAP Moderately Cautious IA Mixed Investment (0-35 Shares) Sector Average Difference
145 162 Active 573 -017 -069 052
-086 096 550 221 159 961 -307 -063 -411
-422 -068 -354
-003 019 NA NA 103 234 NA NA -106 -215 NA NA
080512
RLPBlackRock Consensus 85 ABI Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Tracker 1084 -351 -405 054
411 326 1924 381 460 1693 030 -134 231
-143 -298 155
123 404 555 620 137 340 533 590
-014 064 022 030
310502
RLPBMF Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 223 Active 1282 -526 -403 -123
322 543 1499 410 490 1715
-088 053 -216
-431 -264 -167
102 255 NA NA 157 363 NA NA
-055 -108 NA NA
080512
RLPBMF Cautious Growth IA Mixed Investment (20-60 Shares) Sector Average Difference
145 212 Active 969 -434 -365 -069
268 159 1098 251 305 1278 017 -146 -180
-033 -176 143
-008 199 NA NA 059 243 NA NA -067 -044 NA NA
080512
RLPBMF Defensive Income IA Mixed Investment (0-35 Shares) Sector Average Difference
145 210 Active 689 -202 -069 -133
197 000 723 221 159 961
-024 -159 -238
-190 -068 -122
-003 100 NA NA 103 234 NA NA -106 -134 NA NA
080512
RLPInvesco Distribution IA Mixed Investment (20-60 Shares) Sector Average Difference
164 177 Active 956 -497 -365 -132
199 110 945 251 305 1278
-052 -195 -333
-202 -176 -026
-067 099 468 NA 059 243 428 NA -126 -144 040 NA
290310
MIXED ASSET CONTINUED Page 7
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPInvestec Cautious Managed UK Consumer Price Index Difference
158 166 Active 1101 -1264 -066 -1198
-274 064 1222 052 078 110 -326 -014 1112
-285 -129 -156
-508 -139 181 NA 021 009 039 NA -529 -148 142 NA
261009
RLPJupiter Merlin Balanced Portfolio IA Mixed Investment (40-85 Shares) Sector Average Difference
170 257 Active 1110 -291
-462 171
579 484 1744 474 420 1708 105 064 036
-193 -309 116
250 439 585 NA 135 338 545 NA 115 101 040 NA
290310
RLPJupiter Merlin Growth Portfolio IA Flexible Investment Sector Average Difference
170 269 Active 1390 -378
-515 137
773 437 1977 397 498 1862 376 -061 115
-303 -411 108
266 467 654 NA 116 332 514 NA 150 135 140 NA
290310
RLPJupiter Merlin Income Portfolio IA Mixed Investment (20-60 Shares) Sector Average Difference
170 242 Active 895 -250
-416 166
390 154 1217 301 248 1282 089 -094 -065
-425 -213 -212
094 201 406 NA 039 224 424 NA 055 -023 -018 NA
290310
RLPMan GLG Balanced Managed IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 1197 -901
-462 -439
-036 690 1630 474 420 1708 -510 270 -078
-717 -309 -408
-104 091 457 496 135 338 545 588
-239 -247 -088 -092
310502
RLPMan GLG Stockmarket Managed IA Flexible Investment Sector Average Difference
145 160 Active 1254 -885
-515 -370
118 807 1769 397 498 1862 -279 309 -093
-779 -411 -368
-011 158 489 539 116 332 514 591 -127 -174 -025 -052
310502
RLPNeptune Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
170 182 Active 1108 596 -403 999
606 1211 1972 410 490 1715 196 721 257
-988 -264 -724
800 633 600 NA 157 363 549 NA 643 270 051 NA
290310
RLPNeptune Global Alpha MSCI World Index Difference
195 208 Active 1444 238 -022 260
787 2381 2293 1313 693 3056 -526 1688 -763
-1620 112
-1732
1098 708 822 NA 647 976 1039 NA 451 -268 -217 NA
290310
RLPBNY Mellon Multi-Asset Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 156 Active 1157 011 -403 414
735 108 1278 410 490 1715 325 -382 -437
-087 -264 177
280 396 466 NA 157 363 549 NA 123 033 -083 NA
210108
RLPBNY Mellon Multi-Asset Growth IA Flexible Investment Sector Average Difference
145 157 Active 1570 -494 -448 -046
692 601 1633 326 578 1883 366 023 -250
241 -369 610
251 511 704 NA 143 361 521 NA 108 150 183 NA
210108
RLPRathbone Enhanced Growth Composite Benchmark Difference
145 175 Active 1153 -467 396 -863
610 693 2177 554 582 620 056 111 1557
-413 377
-790
265 477 NA NA 510 505 NA NA -245 -028 NA NA
080512
RLPRathbone Strategic Growth UK Consumer Price Index +3 Difference
145 159 Active 845 -338 217 -555
524 468 1391 357 386 421 167 082 970
-050 180 -230
210 382 NA NA 319 311 NA NA -109 071 NA NA
080512
RLPRathbone Total Return LIBOR GBP 6 Months +2 Index Difference
145 159 Active 468 000 133 -133
306 051 579 144 108 109 162 -057 470
-009 124 -133
118 183 NA NA 128 123 NA NA -010 060 NA NA
080512
RLPSchroder Managed Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
135 145 Active 1164 -620 -403 -217
104 512 1809 410 490 1715 -306 022 094
-404 -264 -140
-013 245 444 575 157 363 549 594 -170 -118 -105 -019
290698
RLPSchroder MM Diversity UK Consumer Price Index Difference
135 210 Active 642 -182 -043 -139
-094 -102 566 075 101 133 -169 -203 433
-380 -106 -274
-126 -044 NA NA 044 032 NA NA -170 -076 NA NA
080512
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
Page 4GOVERNMENT amp CORPORATE BOND CONTINUED
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Long (15yr+) Index Linked Composite Benchmark Difference
100 100 Active 747 709 574 135
540 -263 1617 472 -383 1799 068 120 -182
-075 -067 -008
320 485 619 615 212 453 602 610 108 032 017 005
220904
RLP Medium (10yr) Corporate Bond Composite Benchmark Difference
100 100 Active 866 834 793 041
381 081 1206 340 -026 1101 041 107 105
113 173
-060
427 513 724 565 363 467 636 514 064 046 088 051
220904
RLP Medium (10yr) Gilt Composite Benchmark Difference
100 100 Active 512 1069 1048 021
314 -222 690 288 -229 720 026 007 -030
398 374 024
374 441 556 514 356 431 549 510 018 010 007 004
220904
RLP Medium (10yr) Index Linked Composite Benchmark Difference
100 100 Active 480 356 237 119
284 -212 1062 238 -306 1149 046 094 -087
-011 -057 046
139 286 430 472 053 240 417 462 086 046 013 010
220904
RLP Short (5yr) Corporate Bond Composite Benchmark Difference
100 100 Active 407 158 268 -110
209 087 807 201 -035 628 008 122 179
154 144 010
151 279 462 422 144 239 391 370 007 040 071 052
220904
RLP Short (5yr) Gilt Composite Benchmark Difference
100 100 Active 233 419 409 010
152 -181 262 141 -229 298 011 048 -036
209 222 -013
127 170 253 323 104 166 252 322 023 004 001 001
220904
RLP Short (5yr) Index Linked Composite Benchmark Difference
100 100 Active 280 075 073 002
178 -169 603 147 -216 632 031 047 -029
-026 -045 019
027 129 198 307 000 114 195 303 027 015 003 004
220904
RLP Short Duration Global High Yield LIBOR GBP 3 Months Index Difference
100 100 Active 558 -375 -026 -349
250 118 298 -019 -055 -058 269 173 356
288 -042 330
-006 112 NA NA -034 -040 NA NA 028 152 NA NA
180213
RLP Sterling Extra Yield Bond Composite Benchmark Difference
100 100 Active 1131 -748 166 -914
507 750 1648 281 147 943 226 603 705
-023 124 -147
148 396 749 NA 198 327 560 NA
-050 069 189 NA
290310
RLP Sustainable Managed Income Trust Markit iBoxx Sterling Non-Gilts All Maturities Index Difference
100 100 Active NA 561 536 025
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP UK Government Bond FTSE Actuaries UK Conventional Gilts All Stocks Index Difference
100 100 Active 584 1377 1383 -006
245 -146 663 214 -177 712 031 031 -049
347 316 031
472 484 508 NA 452 476 508 NA 020 008 000 NA
290310
RLPBaillie Gifford High Yield Bond BofA Merrill Lynch European Currency High Yield Index Difference
130 133 Active 1118 -556 -619 063
261 387 953 255 346 813 006 041 140
129 058 071
021 223 491 NA -016 160 491 NA 037 063 000 NA
290310
RLPBlackRock Long Gilt Index FTSE Actuaries UK Conventional Gilts Over 15 years Index Difference
100 100 Tracker 1077 2616 2607 009
351 -158 1402 327 -123 1373 024 -035 029
509 488 021
872 901 940 705 873 892 926 720 -001 009 014 -015
300503
RLPBlackRock Over 5 years Index linked Gilt Index FTSE Actuaries UK Index-Linked Gilts Over 5 years Index Difference
100 100 Tracker 1213 924 862 062
669 -467 2588 614 -566 2721 055 099 -133
-014 -087 073
357 690 811 NA 284 651 798 NA 073 039 013 NA
070909
RLPBlackRock UK All Stocks Corporate Bond Index Markit iBoxx Sterling Non Gilts Overall Index Difference
100 100 Tracker 617 531 536 -005
211 -032 864 254 -037 849 -043 005 015
147 149
-002
234 339 491 NA 248 345 492 NA -014 -006 -001 NA
261107
GOVERNMENT amp CORPORATE BOND CONTINUED Page 5
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity Moneybuilder Income BofA Merrill Lynch Euro-Sterling Index Difference
125 141 Active 585 487 529 -042
229 013 753 110 232 -048 828 131 -003 061 -075 -021
241 314 494 NA 235 329 475 NA 006 -015 019 NA
290310
RLPFidelity Strategic Bond BofA Merrill Lynch Sterling Large Cap Index Difference
135 151 Active 511 275 1161 -886
261 -029 282 000 202 -174 738 241 059 145 -456 -241
168 157 404 NA 381 423 490 NA -213 -266 -086 NA
290310
RLPInvesco Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 441 296 528 -232
171 189 545 089 319 122 938 140 -148 067 -393 -051
218 257 437 NA 322 405 563 NA -104 -148 -126 NA
261009
RLPInvesco Global Bond IA Global Bonds Sector Average Difference
145 162 Active 492 131 285 -154
039 -115 750 367 391 048 1097 470 -352 -163 -347 -103
018 230 245 NA 240 452 416 NA -222 -222 -171 NA
261009
RLPInvesco Monthly Income Plus IA pound Strategic Bond Sector Average Difference
158 167 Active 825 -303 122 -425
065 287 886 -129 266 164 831 041 -201 123 055 -170
013 153 458 NA 184 281 479 NA -171 -128 -021 NA
290310
RLPInvestec Emerging Markets Local Currency Debt JPM GBI-EM Global Diversified Index Difference
170 184 Active 1077 -089
NA
-361 313 1763 -225 -049 252 055 NA
NA NA NA NA NA NA 055 NA Benchmark performance figures unavailable
290310
RLPMampG Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 662 437 528 -091
244 007 798 186 319 122 938 140 -075 -115 -140 046
227 330 506 NA 322 405 563 NA -095 -075 -057 NA
290310
RLPMampG Global High Yield Bond IA pound High Yield Sector Average Difference
158 174 Active 896 -726 -695 -031
239 209 1012 -091 341 254 1109 090 -102 -045 -097 -181
-103 113 375 NA -045 203 466 NA -058 -090 -091 NA
290310
RLPMampG Optimal Income IA pound Strategic Bond Sector Average Difference
158 174 Active 673 -475 122 -597
088 335 622 128 266 164 831 041 -178 171 -209 087
-023 133 407 NA 184 281 479 NA -207 -148 -072 NA
290310
RLPMampG Strategic Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 716 054 528 -474
199 161 647 120 319 122 938 140 -120 039 -291 -020
138 234 448 NA 322 405 563 NA -184 -171 -115 NA
290310
PROPERTY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Property ABI UK Direct Property Sector Average Difference
100 100 Active 159 -146 -391 245
371 677 174 222 844 000 149 -167 174
876 704 172
295 384 589 319 213 266 459 295 082 118 130 024
010384
RLPSchroder Global Cities Real Estate FTSE EPRANAREIT Difference
170 187 Active 1492 -338 -1535 1197
1459 -203 1527 1492 -291 1474 -033 088 053
388 601 -213
274 536 674 NA -188 281 596 NA 462 255 078 NA
261009
MIXED ASSET Page 6
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Adventurous Managed Composite Benchmark Difference
100 100 Active 1069 -702 -736 034
474 650 1694 461 614 1761 013 036 -067
-135 -109 -026
122 365 572 613 095 365 604 596 027 000 -032 017
300904
RLP Defensive Managed Composite Benchmark Difference
100 100 Active 628 -388 -372 -016
313 342 1046 278 276 1006 035 066 040
007 018 -011
083 253 457 496 056 231 422 439 027 022 035 057
300996
RLP Managed Composite Benchmark Difference
100 100 Active 934 -583 -581 -002
438 551 1518 411 488 1549 027 063 -031
-084 -063 -021
122 344 565 576 094 337 574 566 028 007 -009 010
010384
RLP Sustainable Diversified Trust IA Mixed Investment (20-60 Shares) Sector Average Difference
100 100 Active 919 962 -365 1327
755 665 1749 251 305 1278 504 360 471
NA NA NA
793 NA NA NA 059 NA NA NA 734 NA NA NA
131115
RLP Sustainable Managed Growth Trust IA Mixed Investment (0-35 Shares) Sector Average Difference
100 100 Active NA 625 084 541
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP Sustainable World Trust IA Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Active NA 1290 -405 1695
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP7IM AAP Adventurous IA Flexible Investment Sector Average Difference
145 163 Active 1184 -662 -448 -214
-006 745 1740 326 578 1883 -332 167 -143
-1022 -369 -653
009 111 NA NA 143 361 NA NA -134 -250 NA NA
080512
RLP7IM AAP Balanced IA Mixed Investment (20-60 Shares) Sector Average Difference
145 161 Active 790 -245 -365 120
-046 339 1122 251 305 1278 -297 034 -156
-791 -176 -615
013 056 NA NA 059 243 NA NA -046 -187 NA NA
080512
RLP7IM AAP Moderately Adventurous IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 998 -445 -403 -042
-027 578 1580 410 490 1715 -437 088 -135
-953 -264 -689
026 109 NA NA 157 363 NA NA -131 -254 NA NA
080512
RLP7IM AAP Moderately Cautious IA Mixed Investment (0-35 Shares) Sector Average Difference
145 162 Active 573 -017 -069 052
-086 096 550 221 159 961 -307 -063 -411
-422 -068 -354
-003 019 NA NA 103 234 NA NA -106 -215 NA NA
080512
RLPBlackRock Consensus 85 ABI Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Tracker 1084 -351 -405 054
411 326 1924 381 460 1693 030 -134 231
-143 -298 155
123 404 555 620 137 340 533 590
-014 064 022 030
310502
RLPBMF Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 223 Active 1282 -526 -403 -123
322 543 1499 410 490 1715
-088 053 -216
-431 -264 -167
102 255 NA NA 157 363 NA NA
-055 -108 NA NA
080512
RLPBMF Cautious Growth IA Mixed Investment (20-60 Shares) Sector Average Difference
145 212 Active 969 -434 -365 -069
268 159 1098 251 305 1278 017 -146 -180
-033 -176 143
-008 199 NA NA 059 243 NA NA -067 -044 NA NA
080512
RLPBMF Defensive Income IA Mixed Investment (0-35 Shares) Sector Average Difference
145 210 Active 689 -202 -069 -133
197 000 723 221 159 961
-024 -159 -238
-190 -068 -122
-003 100 NA NA 103 234 NA NA -106 -134 NA NA
080512
RLPInvesco Distribution IA Mixed Investment (20-60 Shares) Sector Average Difference
164 177 Active 956 -497 -365 -132
199 110 945 251 305 1278
-052 -195 -333
-202 -176 -026
-067 099 468 NA 059 243 428 NA -126 -144 040 NA
290310
MIXED ASSET CONTINUED Page 7
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPInvestec Cautious Managed UK Consumer Price Index Difference
158 166 Active 1101 -1264 -066 -1198
-274 064 1222 052 078 110 -326 -014 1112
-285 -129 -156
-508 -139 181 NA 021 009 039 NA -529 -148 142 NA
261009
RLPJupiter Merlin Balanced Portfolio IA Mixed Investment (40-85 Shares) Sector Average Difference
170 257 Active 1110 -291
-462 171
579 484 1744 474 420 1708 105 064 036
-193 -309 116
250 439 585 NA 135 338 545 NA 115 101 040 NA
290310
RLPJupiter Merlin Growth Portfolio IA Flexible Investment Sector Average Difference
170 269 Active 1390 -378
-515 137
773 437 1977 397 498 1862 376 -061 115
-303 -411 108
266 467 654 NA 116 332 514 NA 150 135 140 NA
290310
RLPJupiter Merlin Income Portfolio IA Mixed Investment (20-60 Shares) Sector Average Difference
170 242 Active 895 -250
-416 166
390 154 1217 301 248 1282 089 -094 -065
-425 -213 -212
094 201 406 NA 039 224 424 NA 055 -023 -018 NA
290310
RLPMan GLG Balanced Managed IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 1197 -901
-462 -439
-036 690 1630 474 420 1708 -510 270 -078
-717 -309 -408
-104 091 457 496 135 338 545 588
-239 -247 -088 -092
310502
RLPMan GLG Stockmarket Managed IA Flexible Investment Sector Average Difference
145 160 Active 1254 -885
-515 -370
118 807 1769 397 498 1862 -279 309 -093
-779 -411 -368
-011 158 489 539 116 332 514 591 -127 -174 -025 -052
310502
RLPNeptune Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
170 182 Active 1108 596 -403 999
606 1211 1972 410 490 1715 196 721 257
-988 -264 -724
800 633 600 NA 157 363 549 NA 643 270 051 NA
290310
RLPNeptune Global Alpha MSCI World Index Difference
195 208 Active 1444 238 -022 260
787 2381 2293 1313 693 3056 -526 1688 -763
-1620 112
-1732
1098 708 822 NA 647 976 1039 NA 451 -268 -217 NA
290310
RLPBNY Mellon Multi-Asset Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 156 Active 1157 011 -403 414
735 108 1278 410 490 1715 325 -382 -437
-087 -264 177
280 396 466 NA 157 363 549 NA 123 033 -083 NA
210108
RLPBNY Mellon Multi-Asset Growth IA Flexible Investment Sector Average Difference
145 157 Active 1570 -494 -448 -046
692 601 1633 326 578 1883 366 023 -250
241 -369 610
251 511 704 NA 143 361 521 NA 108 150 183 NA
210108
RLPRathbone Enhanced Growth Composite Benchmark Difference
145 175 Active 1153 -467 396 -863
610 693 2177 554 582 620 056 111 1557
-413 377
-790
265 477 NA NA 510 505 NA NA -245 -028 NA NA
080512
RLPRathbone Strategic Growth UK Consumer Price Index +3 Difference
145 159 Active 845 -338 217 -555
524 468 1391 357 386 421 167 082 970
-050 180 -230
210 382 NA NA 319 311 NA NA -109 071 NA NA
080512
RLPRathbone Total Return LIBOR GBP 6 Months +2 Index Difference
145 159 Active 468 000 133 -133
306 051 579 144 108 109 162 -057 470
-009 124 -133
118 183 NA NA 128 123 NA NA -010 060 NA NA
080512
RLPSchroder Managed Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
135 145 Active 1164 -620 -403 -217
104 512 1809 410 490 1715 -306 022 094
-404 -264 -140
-013 245 444 575 157 363 549 594 -170 -118 -105 -019
290698
RLPSchroder MM Diversity UK Consumer Price Index Difference
135 210 Active 642 -182 -043 -139
-094 -102 566 075 101 133 -169 -203 433
-380 -106 -274
-126 -044 NA NA 044 032 NA NA -170 -076 NA NA
080512
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
GOVERNMENT amp CORPORATE BOND CONTINUED Page 5
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity Moneybuilder Income BofA Merrill Lynch Euro-Sterling Index Difference
125 141 Active 585 487 529 -042
229 013 753 110 232 -048 828 131 -003 061 -075 -021
241 314 494 NA 235 329 475 NA 006 -015 019 NA
290310
RLPFidelity Strategic Bond BofA Merrill Lynch Sterling Large Cap Index Difference
135 151 Active 511 275 1161 -886
261 -029 282 000 202 -174 738 241 059 145 -456 -241
168 157 404 NA 381 423 490 NA -213 -266 -086 NA
290310
RLPInvesco Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 441 296 528 -232
171 189 545 089 319 122 938 140 -148 067 -393 -051
218 257 437 NA 322 405 563 NA -104 -148 -126 NA
261009
RLPInvesco Global Bond IA Global Bonds Sector Average Difference
145 162 Active 492 131 285 -154
039 -115 750 367 391 048 1097 470 -352 -163 -347 -103
018 230 245 NA 240 452 416 NA -222 -222 -171 NA
261009
RLPInvesco Monthly Income Plus IA pound Strategic Bond Sector Average Difference
158 167 Active 825 -303 122 -425
065 287 886 -129 266 164 831 041 -201 123 055 -170
013 153 458 NA 184 281 479 NA -171 -128 -021 NA
290310
RLPInvestec Emerging Markets Local Currency Debt JPM GBI-EM Global Diversified Index Difference
170 184 Active 1077 -089
NA
-361 313 1763 -225 -049 252 055 NA
NA NA NA NA NA NA 055 NA Benchmark performance figures unavailable
290310
RLPMampG Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 662 437 528 -091
244 007 798 186 319 122 938 140 -075 -115 -140 046
227 330 506 NA 322 405 563 NA -095 -075 -057 NA
290310
RLPMampG Global High Yield Bond IA pound High Yield Sector Average Difference
158 174 Active 896 -726 -695 -031
239 209 1012 -091 341 254 1109 090 -102 -045 -097 -181
-103 113 375 NA -045 203 466 NA -058 -090 -091 NA
290310
RLPMampG Optimal Income IA pound Strategic Bond Sector Average Difference
158 174 Active 673 -475 122 -597
088 335 622 128 266 164 831 041 -178 171 -209 087
-023 133 407 NA 184 281 479 NA -207 -148 -072 NA
290310
RLPMampG Strategic Corporate Bond IA pound Corporate Bond Sector Average Difference
145 161 Active 716 054 528 -474
199 161 647 120 319 122 938 140 -120 039 -291 -020
138 234 448 NA 322 405 563 NA -184 -171 -115 NA
290310
PROPERTY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLP Property ABI UK Direct Property Sector Average Difference
100 100 Active 159 -146 -391 245
371 677 174 222 844 000 149 -167 174
876 704 172
295 384 589 319 213 266 459 295 082 118 130 024
010384
RLPSchroder Global Cities Real Estate FTSE EPRANAREIT Difference
170 187 Active 1492 -338 -1535 1197
1459 -203 1527 1492 -291 1474 -033 088 053
388 601 -213
274 536 674 NA -188 281 596 NA 462 255 078 NA
261009
MIXED ASSET Page 6
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Adventurous Managed Composite Benchmark Difference
100 100 Active 1069 -702 -736 034
474 650 1694 461 614 1761 013 036 -067
-135 -109 -026
122 365 572 613 095 365 604 596 027 000 -032 017
300904
RLP Defensive Managed Composite Benchmark Difference
100 100 Active 628 -388 -372 -016
313 342 1046 278 276 1006 035 066 040
007 018 -011
083 253 457 496 056 231 422 439 027 022 035 057
300996
RLP Managed Composite Benchmark Difference
100 100 Active 934 -583 -581 -002
438 551 1518 411 488 1549 027 063 -031
-084 -063 -021
122 344 565 576 094 337 574 566 028 007 -009 010
010384
RLP Sustainable Diversified Trust IA Mixed Investment (20-60 Shares) Sector Average Difference
100 100 Active 919 962 -365 1327
755 665 1749 251 305 1278 504 360 471
NA NA NA
793 NA NA NA 059 NA NA NA 734 NA NA NA
131115
RLP Sustainable Managed Growth Trust IA Mixed Investment (0-35 Shares) Sector Average Difference
100 100 Active NA 625 084 541
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP Sustainable World Trust IA Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Active NA 1290 -405 1695
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP7IM AAP Adventurous IA Flexible Investment Sector Average Difference
145 163 Active 1184 -662 -448 -214
-006 745 1740 326 578 1883 -332 167 -143
-1022 -369 -653
009 111 NA NA 143 361 NA NA -134 -250 NA NA
080512
RLP7IM AAP Balanced IA Mixed Investment (20-60 Shares) Sector Average Difference
145 161 Active 790 -245 -365 120
-046 339 1122 251 305 1278 -297 034 -156
-791 -176 -615
013 056 NA NA 059 243 NA NA -046 -187 NA NA
080512
RLP7IM AAP Moderately Adventurous IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 998 -445 -403 -042
-027 578 1580 410 490 1715 -437 088 -135
-953 -264 -689
026 109 NA NA 157 363 NA NA -131 -254 NA NA
080512
RLP7IM AAP Moderately Cautious IA Mixed Investment (0-35 Shares) Sector Average Difference
145 162 Active 573 -017 -069 052
-086 096 550 221 159 961 -307 -063 -411
-422 -068 -354
-003 019 NA NA 103 234 NA NA -106 -215 NA NA
080512
RLPBlackRock Consensus 85 ABI Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Tracker 1084 -351 -405 054
411 326 1924 381 460 1693 030 -134 231
-143 -298 155
123 404 555 620 137 340 533 590
-014 064 022 030
310502
RLPBMF Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 223 Active 1282 -526 -403 -123
322 543 1499 410 490 1715
-088 053 -216
-431 -264 -167
102 255 NA NA 157 363 NA NA
-055 -108 NA NA
080512
RLPBMF Cautious Growth IA Mixed Investment (20-60 Shares) Sector Average Difference
145 212 Active 969 -434 -365 -069
268 159 1098 251 305 1278 017 -146 -180
-033 -176 143
-008 199 NA NA 059 243 NA NA -067 -044 NA NA
080512
RLPBMF Defensive Income IA Mixed Investment (0-35 Shares) Sector Average Difference
145 210 Active 689 -202 -069 -133
197 000 723 221 159 961
-024 -159 -238
-190 -068 -122
-003 100 NA NA 103 234 NA NA -106 -134 NA NA
080512
RLPInvesco Distribution IA Mixed Investment (20-60 Shares) Sector Average Difference
164 177 Active 956 -497 -365 -132
199 110 945 251 305 1278
-052 -195 -333
-202 -176 -026
-067 099 468 NA 059 243 428 NA -126 -144 040 NA
290310
MIXED ASSET CONTINUED Page 7
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPInvestec Cautious Managed UK Consumer Price Index Difference
158 166 Active 1101 -1264 -066 -1198
-274 064 1222 052 078 110 -326 -014 1112
-285 -129 -156
-508 -139 181 NA 021 009 039 NA -529 -148 142 NA
261009
RLPJupiter Merlin Balanced Portfolio IA Mixed Investment (40-85 Shares) Sector Average Difference
170 257 Active 1110 -291
-462 171
579 484 1744 474 420 1708 105 064 036
-193 -309 116
250 439 585 NA 135 338 545 NA 115 101 040 NA
290310
RLPJupiter Merlin Growth Portfolio IA Flexible Investment Sector Average Difference
170 269 Active 1390 -378
-515 137
773 437 1977 397 498 1862 376 -061 115
-303 -411 108
266 467 654 NA 116 332 514 NA 150 135 140 NA
290310
RLPJupiter Merlin Income Portfolio IA Mixed Investment (20-60 Shares) Sector Average Difference
170 242 Active 895 -250
-416 166
390 154 1217 301 248 1282 089 -094 -065
-425 -213 -212
094 201 406 NA 039 224 424 NA 055 -023 -018 NA
290310
RLPMan GLG Balanced Managed IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 1197 -901
-462 -439
-036 690 1630 474 420 1708 -510 270 -078
-717 -309 -408
-104 091 457 496 135 338 545 588
-239 -247 -088 -092
310502
RLPMan GLG Stockmarket Managed IA Flexible Investment Sector Average Difference
145 160 Active 1254 -885
-515 -370
118 807 1769 397 498 1862 -279 309 -093
-779 -411 -368
-011 158 489 539 116 332 514 591 -127 -174 -025 -052
310502
RLPNeptune Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
170 182 Active 1108 596 -403 999
606 1211 1972 410 490 1715 196 721 257
-988 -264 -724
800 633 600 NA 157 363 549 NA 643 270 051 NA
290310
RLPNeptune Global Alpha MSCI World Index Difference
195 208 Active 1444 238 -022 260
787 2381 2293 1313 693 3056 -526 1688 -763
-1620 112
-1732
1098 708 822 NA 647 976 1039 NA 451 -268 -217 NA
290310
RLPBNY Mellon Multi-Asset Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 156 Active 1157 011 -403 414
735 108 1278 410 490 1715 325 -382 -437
-087 -264 177
280 396 466 NA 157 363 549 NA 123 033 -083 NA
210108
RLPBNY Mellon Multi-Asset Growth IA Flexible Investment Sector Average Difference
145 157 Active 1570 -494 -448 -046
692 601 1633 326 578 1883 366 023 -250
241 -369 610
251 511 704 NA 143 361 521 NA 108 150 183 NA
210108
RLPRathbone Enhanced Growth Composite Benchmark Difference
145 175 Active 1153 -467 396 -863
610 693 2177 554 582 620 056 111 1557
-413 377
-790
265 477 NA NA 510 505 NA NA -245 -028 NA NA
080512
RLPRathbone Strategic Growth UK Consumer Price Index +3 Difference
145 159 Active 845 -338 217 -555
524 468 1391 357 386 421 167 082 970
-050 180 -230
210 382 NA NA 319 311 NA NA -109 071 NA NA
080512
RLPRathbone Total Return LIBOR GBP 6 Months +2 Index Difference
145 159 Active 468 000 133 -133
306 051 579 144 108 109 162 -057 470
-009 124 -133
118 183 NA NA 128 123 NA NA -010 060 NA NA
080512
RLPSchroder Managed Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
135 145 Active 1164 -620 -403 -217
104 512 1809 410 490 1715 -306 022 094
-404 -264 -140
-013 245 444 575 157 363 549 594 -170 -118 -105 -019
290698
RLPSchroder MM Diversity UK Consumer Price Index Difference
135 210 Active 642 -182 -043 -139
-094 -102 566 075 101 133 -169 -203 433
-380 -106 -274
-126 -044 NA NA 044 032 NA NA -170 -076 NA NA
080512
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
MIXED ASSET Page 6
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Adventurous Managed Composite Benchmark Difference
100 100 Active 1069 -702 -736 034
474 650 1694 461 614 1761 013 036 -067
-135 -109 -026
122 365 572 613 095 365 604 596 027 000 -032 017
300904
RLP Defensive Managed Composite Benchmark Difference
100 100 Active 628 -388 -372 -016
313 342 1046 278 276 1006 035 066 040
007 018 -011
083 253 457 496 056 231 422 439 027 022 035 057
300996
RLP Managed Composite Benchmark Difference
100 100 Active 934 -583 -581 -002
438 551 1518 411 488 1549 027 063 -031
-084 -063 -021
122 344 565 576 094 337 574 566 028 007 -009 010
010384
RLP Sustainable Diversified Trust IA Mixed Investment (20-60 Shares) Sector Average Difference
100 100 Active 919 962 -365 1327
755 665 1749 251 305 1278 504 360 471
NA NA NA
793 NA NA NA 059 NA NA NA 734 NA NA NA
131115
RLP Sustainable Managed Growth Trust IA Mixed Investment (0-35 Shares) Sector Average Difference
100 100 Active NA 625 084 541
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP Sustainable World Trust IA Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Active NA 1290 -405 1695
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLP7IM AAP Adventurous IA Flexible Investment Sector Average Difference
145 163 Active 1184 -662 -448 -214
-006 745 1740 326 578 1883 -332 167 -143
-1022 -369 -653
009 111 NA NA 143 361 NA NA -134 -250 NA NA
080512
RLP7IM AAP Balanced IA Mixed Investment (20-60 Shares) Sector Average Difference
145 161 Active 790 -245 -365 120
-046 339 1122 251 305 1278 -297 034 -156
-791 -176 -615
013 056 NA NA 059 243 NA NA -046 -187 NA NA
080512
RLP7IM AAP Moderately Adventurous IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 998 -445 -403 -042
-027 578 1580 410 490 1715 -437 088 -135
-953 -264 -689
026 109 NA NA 157 363 NA NA -131 -254 NA NA
080512
RLP7IM AAP Moderately Cautious IA Mixed Investment (0-35 Shares) Sector Average Difference
145 162 Active 573 -017 -069 052
-086 096 550 221 159 961 -307 -063 -411
-422 -068 -354
-003 019 NA NA 103 234 NA NA -106 -215 NA NA
080512
RLPBlackRock Consensus 85 ABI Mixed Investment (40-85 Shares) Sector Average Difference
100 100 Tracker 1084 -351 -405 054
411 326 1924 381 460 1693 030 -134 231
-143 -298 155
123 404 555 620 137 340 533 590
-014 064 022 030
310502
RLPBMF Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 223 Active 1282 -526 -403 -123
322 543 1499 410 490 1715
-088 053 -216
-431 -264 -167
102 255 NA NA 157 363 NA NA
-055 -108 NA NA
080512
RLPBMF Cautious Growth IA Mixed Investment (20-60 Shares) Sector Average Difference
145 212 Active 969 -434 -365 -069
268 159 1098 251 305 1278 017 -146 -180
-033 -176 143
-008 199 NA NA 059 243 NA NA -067 -044 NA NA
080512
RLPBMF Defensive Income IA Mixed Investment (0-35 Shares) Sector Average Difference
145 210 Active 689 -202 -069 -133
197 000 723 221 159 961
-024 -159 -238
-190 -068 -122
-003 100 NA NA 103 234 NA NA -106 -134 NA NA
080512
RLPInvesco Distribution IA Mixed Investment (20-60 Shares) Sector Average Difference
164 177 Active 956 -497 -365 -132
199 110 945 251 305 1278
-052 -195 -333
-202 -176 -026
-067 099 468 NA 059 243 428 NA -126 -144 040 NA
290310
MIXED ASSET CONTINUED Page 7
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPInvestec Cautious Managed UK Consumer Price Index Difference
158 166 Active 1101 -1264 -066 -1198
-274 064 1222 052 078 110 -326 -014 1112
-285 -129 -156
-508 -139 181 NA 021 009 039 NA -529 -148 142 NA
261009
RLPJupiter Merlin Balanced Portfolio IA Mixed Investment (40-85 Shares) Sector Average Difference
170 257 Active 1110 -291
-462 171
579 484 1744 474 420 1708 105 064 036
-193 -309 116
250 439 585 NA 135 338 545 NA 115 101 040 NA
290310
RLPJupiter Merlin Growth Portfolio IA Flexible Investment Sector Average Difference
170 269 Active 1390 -378
-515 137
773 437 1977 397 498 1862 376 -061 115
-303 -411 108
266 467 654 NA 116 332 514 NA 150 135 140 NA
290310
RLPJupiter Merlin Income Portfolio IA Mixed Investment (20-60 Shares) Sector Average Difference
170 242 Active 895 -250
-416 166
390 154 1217 301 248 1282 089 -094 -065
-425 -213 -212
094 201 406 NA 039 224 424 NA 055 -023 -018 NA
290310
RLPMan GLG Balanced Managed IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 1197 -901
-462 -439
-036 690 1630 474 420 1708 -510 270 -078
-717 -309 -408
-104 091 457 496 135 338 545 588
-239 -247 -088 -092
310502
RLPMan GLG Stockmarket Managed IA Flexible Investment Sector Average Difference
145 160 Active 1254 -885
-515 -370
118 807 1769 397 498 1862 -279 309 -093
-779 -411 -368
-011 158 489 539 116 332 514 591 -127 -174 -025 -052
310502
RLPNeptune Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
170 182 Active 1108 596 -403 999
606 1211 1972 410 490 1715 196 721 257
-988 -264 -724
800 633 600 NA 157 363 549 NA 643 270 051 NA
290310
RLPNeptune Global Alpha MSCI World Index Difference
195 208 Active 1444 238 -022 260
787 2381 2293 1313 693 3056 -526 1688 -763
-1620 112
-1732
1098 708 822 NA 647 976 1039 NA 451 -268 -217 NA
290310
RLPBNY Mellon Multi-Asset Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 156 Active 1157 011 -403 414
735 108 1278 410 490 1715 325 -382 -437
-087 -264 177
280 396 466 NA 157 363 549 NA 123 033 -083 NA
210108
RLPBNY Mellon Multi-Asset Growth IA Flexible Investment Sector Average Difference
145 157 Active 1570 -494 -448 -046
692 601 1633 326 578 1883 366 023 -250
241 -369 610
251 511 704 NA 143 361 521 NA 108 150 183 NA
210108
RLPRathbone Enhanced Growth Composite Benchmark Difference
145 175 Active 1153 -467 396 -863
610 693 2177 554 582 620 056 111 1557
-413 377
-790
265 477 NA NA 510 505 NA NA -245 -028 NA NA
080512
RLPRathbone Strategic Growth UK Consumer Price Index +3 Difference
145 159 Active 845 -338 217 -555
524 468 1391 357 386 421 167 082 970
-050 180 -230
210 382 NA NA 319 311 NA NA -109 071 NA NA
080512
RLPRathbone Total Return LIBOR GBP 6 Months +2 Index Difference
145 159 Active 468 000 133 -133
306 051 579 144 108 109 162 -057 470
-009 124 -133
118 183 NA NA 128 123 NA NA -010 060 NA NA
080512
RLPSchroder Managed Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
135 145 Active 1164 -620 -403 -217
104 512 1809 410 490 1715 -306 022 094
-404 -264 -140
-013 245 444 575 157 363 549 594 -170 -118 -105 -019
290698
RLPSchroder MM Diversity UK Consumer Price Index Difference
135 210 Active 642 -182 -043 -139
-094 -102 566 075 101 133 -169 -203 433
-380 -106 -274
-126 -044 NA NA 044 032 NA NA -170 -076 NA NA
080512
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
MIXED ASSET CONTINUED Page 7
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPInvestec Cautious Managed UK Consumer Price Index Difference
158 166 Active 1101 -1264 -066 -1198
-274 064 1222 052 078 110 -326 -014 1112
-285 -129 -156
-508 -139 181 NA 021 009 039 NA -529 -148 142 NA
261009
RLPJupiter Merlin Balanced Portfolio IA Mixed Investment (40-85 Shares) Sector Average Difference
170 257 Active 1110 -291
-462 171
579 484 1744 474 420 1708 105 064 036
-193 -309 116
250 439 585 NA 135 338 545 NA 115 101 040 NA
290310
RLPJupiter Merlin Growth Portfolio IA Flexible Investment Sector Average Difference
170 269 Active 1390 -378
-515 137
773 437 1977 397 498 1862 376 -061 115
-303 -411 108
266 467 654 NA 116 332 514 NA 150 135 140 NA
290310
RLPJupiter Merlin Income Portfolio IA Mixed Investment (20-60 Shares) Sector Average Difference
170 242 Active 895 -250
-416 166
390 154 1217 301 248 1282 089 -094 -065
-425 -213 -212
094 201 406 NA 039 224 424 NA 055 -023 -018 NA
290310
RLPMan GLG Balanced Managed IA Mixed Investment (40-85 Shares) Sector Average Difference
145 160 Active 1197 -901
-462 -439
-036 690 1630 474 420 1708 -510 270 -078
-717 -309 -408
-104 091 457 496 135 338 545 588
-239 -247 -088 -092
310502
RLPMan GLG Stockmarket Managed IA Flexible Investment Sector Average Difference
145 160 Active 1254 -885
-515 -370
118 807 1769 397 498 1862 -279 309 -093
-779 -411 -368
-011 158 489 539 116 332 514 591 -127 -174 -025 -052
310502
RLPNeptune Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
170 182 Active 1108 596 -403 999
606 1211 1972 410 490 1715 196 721 257
-988 -264 -724
800 633 600 NA 157 363 549 NA 643 270 051 NA
290310
RLPNeptune Global Alpha MSCI World Index Difference
195 208 Active 1444 238 -022 260
787 2381 2293 1313 693 3056 -526 1688 -763
-1620 112
-1732
1098 708 822 NA 647 976 1039 NA 451 -268 -217 NA
290310
RLPBNY Mellon Multi-Asset Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
145 156 Active 1157 011 -403 414
735 108 1278 410 490 1715 325 -382 -437
-087 -264 177
280 396 466 NA 157 363 549 NA 123 033 -083 NA
210108
RLPBNY Mellon Multi-Asset Growth IA Flexible Investment Sector Average Difference
145 157 Active 1570 -494 -448 -046
692 601 1633 326 578 1883 366 023 -250
241 -369 610
251 511 704 NA 143 361 521 NA 108 150 183 NA
210108
RLPRathbone Enhanced Growth Composite Benchmark Difference
145 175 Active 1153 -467 396 -863
610 693 2177 554 582 620 056 111 1557
-413 377
-790
265 477 NA NA 510 505 NA NA -245 -028 NA NA
080512
RLPRathbone Strategic Growth UK Consumer Price Index +3 Difference
145 159 Active 845 -338 217 -555
524 468 1391 357 386 421 167 082 970
-050 180 -230
210 382 NA NA 319 311 NA NA -109 071 NA NA
080512
RLPRathbone Total Return LIBOR GBP 6 Months +2 Index Difference
145 159 Active 468 000 133 -133
306 051 579 144 108 109 162 -057 470
-009 124 -133
118 183 NA NA 128 123 NA NA -010 060 NA NA
080512
RLPSchroder Managed Balanced IA Mixed Investment (40-85 Shares) Sector Average Difference
135 145 Active 1164 -620 -403 -217
104 512 1809 410 490 1715 -306 022 094
-404 -264 -140
-013 245 444 575 157 363 549 594 -170 -118 -105 -019
290698
RLPSchroder MM Diversity UK Consumer Price Index Difference
135 210 Active 642 -182 -043 -139
-094 -102 566 075 101 133 -169 -203 433
-380 -106 -274
-126 -044 NA NA 044 032 NA NA -170 -076 NA NA
080512
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
MIXED ASSET CONTINUED Page 8
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPSchroder MM Diversity Balanced 135 217 Active 1033 -799 -134 035 1364 -393 -306 -011 NA NA 080512 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 NA NA Difference -396 -544 -455 -351 -129 -463 -374 NA NA RLPSchroder MM Diversity Tactical 135 220 Active 1004 -637 -145 028 1323 -406 -255 010 NA NA 080512 Composite Benchmark -860 327 492 1894 -378 -032 253 NA NA Difference 223 -472 -464 -571 -028 -223 -243 NA NA RLPUBS Global Allocation 140 146 Active 1127 -962 355 542 1846 -592 -045 192 404 NA 210108 IA Mixed Investment (40-85 Shares) Sector Average -403 410 490 1715 -264 157 363 549 NA Difference -559 -055 052 131 -328 -202 -171 -145 NA
UK EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Equity Income FTSE All Share Index Difference
100 100 Active 1672 -1615 -1751 136
293 524 2004 159 708 1894 134 -184 110
-336 -663 327
-315 105 775 NA -354 -007 398 NA 039 112 377 NA
290310
RLP Sustainable Leaders Trust FTSE All Share Index Difference
100 100 Active 1288 594 -1751 2345
922 748 1493 159 708 1894 763 040 -401
-1157 -663 -494
753 479 757 827 -354 -007 398 474 1107 486 359 353
011199
RLP UK Equity FTSE All Share Index Difference
100 100 Active 1578 -1509 -1751 242
161 746 1841 159 708 1894 002 038 -053
-637 -663 026
-249 055 462 523 -354 -007 398 474 105 062 064 049
010384
RLP UK Mid Cap FTSE 250 Mid Index Difference
100 100 Active 1997 -1375 -1559 184
343 1136 1822 -051 518 1882 394 618 -060
-928 -227 -701
-022 127 826 906 -405 051 653 799 383 076 173 107
011199
RLP UK Opportunities FTSE All Share Index Difference
100 100 Active 2204 -1808 -1751 -057
-018 490 1409 159 708 1894 -177 -218 -485
-498 -663 165
-498 -144 396 NA -354 -007 398 NA -144 -137 -002 NA
290310
RLP UK Smaller Companies FTSE Small Cap (ex Inv Trusts) Index Difference
100 100 Active 1895 -414 -2156 1742
185 991 1902 -625 503 2108 810 488 -206
038 280 -242
238 509 1101 NA -824 -078 591 NA 1062 587 510 NA
290310
RLPBaillie Gifford UK Equity FTSE All Share Index Difference
140 142 Active 1776 -1652
-1537 -115
342 1049 2085 158 616 1738 184 433 347
-568 -556 -012
-156 169 636 NA -300 023 380 NA 144 146 256 NA
120108
RLPBlackRock ACS UK Equity Index FTSE All Share Index Difference
100 100 Tracker 1522 -1571 -1751 180
047 699 1804 159 708 1894 -112 -009 -090
-517 -663 146
-323 028 415 482 -354 -007 398 474 031 035 017 008
310502
RLPBlackRock UK Equity FTSE All Share Index Difference
135 138 Active 1785 -976 -1780 804
317 807 2238 124 671 1852 193 136 386
-297 -695 398
020 362 602 NA -388 -042 362 NA 408 404 240 NA
210108
RLPDimensional UK Core Equity FTSE All-Share Index Difference
112 119 Tracker 1659 -1771 -1761 -010
080 755 1871 147 695 1880
-067 060 -009
-784 -674 -110
-373 -048 NA NA -366 -019 NA NA -007 -029 NA NA
060315
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
UK EQUITY CONTINUED Page 9
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPFidelity UK Select FTSE All Share Index Difference
170 187 Active 1604 -1458 -1809
351
752 208 1898 089 633 1811 663 -425 087
-806 -728 -078
-213 051 411 474 -421 -077 326 401 208 128 085 073
290698
RLPInvesco High Income FTSE All Share Index Difference
170 187 Active 1910 -3173 -1809 -1364
-360 -260 1147 089 633 1811 -449 -893 -664
-252 -728 476
-1376 -697 NA NA -421 -077 NA NA -955 -620 NA NA
281111
RLPInvestec UK Special Situations FTSE All Share Index Difference
170 178 Active 2234 -2693 -1809 -884
413 355 1504 089 633 1811 324 -278 -307
-666 -728 062
-763 -328 NA -421 -077 NA NA -342 -251 NA NA
281111
RLPMampG Recovery FTSE All Share Index Difference
170 186 Active 2237 -3008 -1809 -1199
-186 346 2560 089 633 1811 -275 -287 749
-1281 -728 -553
-1078 -490 -022 NA -421 -077 326 NA -657 -413 -348 NA
290310
RLPSchroder Income Maximiser FTSE All Share Index Difference
170 186 Active 1521 -2691 -1809 -882
-173 1097 1376 089 633 1811 -262 464 -435
-574 -728 154
-727 -309 253 NA -421 -077 326 NA -306 -232 -073 NA
290310
RLPSchroder MM UK Growth FTSE All Share Index Difference
135 223 Active 1741 -2184 -1780 -404
047 190 1549 124 671 1852 -077 -481 -303
-617 -695 078
-716 -281 NA NA -388 -042 NA NA -328 -239 NA NA
080512
RLP UK Equity Core Plus (Close Teams UK Equities (1)) FTSE All Share Index Difference
135 138 Active 2020 -1958
-1743 -215
681 661 2056
245 461 1821 436 200 235
-776
-670 -106
-289 036 461 508
-398 -048 364 441 109 084 097 067
310502
RLP UK Equity Core Plus (Close Teams UK Equities (2)) FTSE All Share Index Difference
160 165 Active 2288 -2175
-1764 -411
1094 828 2184
220 435 1791 874 393 393
-858
-694 -164
-204 092 516 542
-422 -073 338 415 218 165 178 127
310502
RLP UK Equity Core Plus (JPM UK Equity Growth) FTSE All Share Index Difference
170 170 Active 1670 -1037 -1809
772
-068 493 1902 089 633 1811 -157 -140 091
-683 -728 045
-224 071 532 575 -421 -077 326 401 197 148 206 174
290698
RLP UK Equity Specialist (Baillie Gifford UK Equity Alpha) FTSE All Share Index Difference
150 156 Active 1932 -1280
-1809 529
-453 163 1374
089 633 1811 -542 -470 -437
-188
-728 540
-541 -114 397 NA
-421 -077 326 NA -120 -037 071 NA
310306
RLP UK Equity Specialist (Invesco UK Growth) FTSE All Share Index Difference
160 176 Active 1621 -1682 -1801
119
-749 730 1898 099 644 1823 -848 086 075
-970 -719 -251
-618 -236 585 511 -412 -067 336 411 -206 -169 249 100
290698
RLP UK Equity Specialist (Schroder UK Alpha Plus) FTSE All Share Index Difference
170 186 Active 1638 -1847 -1809 -038
062 456 1493 089 633 1811 -027 -177 -318
-529 -728 199
-498 -136 420 NA -421 -077 326 NA -077 -059 094 NA
310306
RLP UK Income Core Plus (Artemis Income) FTSE 350 Higher Yield Index Difference
170 174 Active 1468 -1471 -2488 1017
-163 890 1646 -094 743 1826 -069 147 -180
-364 -917 553
-296 050 530 NA -719 -300 202 NA 423 350 328 NA
310306
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
UK EQUITY CONTINUED Page 10
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
Fund Launch
Date RLP UK Income Specialist (Fidelity Moneybuilder Dividend)
130 147 Active 1337 -1150 097 -256 1372 -148 -450 -049 560 NA 310306
FTSE 350 Higher Yield Index -2458 -055 786 1874 -881 -682 -261 243 NA Difference 1308 152 -1042 -502 733 232 212 317 NA RLP UK Mid Cap Specialist (Franklin UK Mid Cap) 170 177 Active 2177 -1477 174 1305 1798 -408 -066 210 713 NA 310306 FTSE 250 Mid Index -1618 -121 445 1799 -296 -472 -019 579 NA Difference 141 295 860 -001 -112 406 229 134 NA RLP UK Small Cap Specialist (Investec UK Smaller Companies) 170 178 Active 1964 -828 -014 1577 1426 367 197 466 1102 NA 310306
FTSE Small Cap (ex Inv Trusts) Index -2211 -691 430 2023 208 -888 -148 517 NA Difference 1383 677 1147 -597 159 1085 614 585 NA
US EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP American FTSE USA Index Difference
100 100 Tracker 1546 463
505 -042
1701 590 3107 1873 555 3193 -172 035 -086
391 493 -102
903 1203 1226 998 957 1274 1275 1093
-054 -071 -049 -095
010384
RLPBlackRock ACS US Equity Index FTSE USA Index Difference
100 100 Tracker 1523 485 337 148
1733 675 3134 1857 545 3256 -124 130 -122
483 434 049
950 1256 1259 1068 892 1230 1270 1067 058 026 -011 001
310502
RLPLegg Mason IF Royce US Smaller Companies Russell 2000 Index Difference
170 193 Active 2318 -1143 -1505 362
984 149 3605 866 300 3985 118 -151 -380
-540 -300 -240
-043 490 663 NA -166 522 794 NA 123 -032 -131 NA
290310
RLPNeptune US Opportunities SampP 500 Index Difference
170 185 Active 1698 082 248 -166
1893 1201 3240 1789 460 3127 104 741 113
-905 438
-1343
1032 1008 NA NA 811 1159 NA NA 221 -151 NA NA
281111
RLPSchroder US Mid Cap Russell 2500 Index Difference
170 186 Active 1854 -879 -1282 403
1087 021 3164 1207 317 3435 -120 -296 -271
652 -127 779
045 727 949 NA 026 597 894 NA 019 130 055 NA
261009
RLP US Core Plus (Merian North American Equity) SampP 500 Index Difference
170 190 Active 1642 023 248 -225
1133 347 2772 1789 460 3127 -656 -113 -355
-053 438 -491
490 795 708 NA 811 1159 1195 NA -321 -364 -487 NA
310306
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
EUROPEAN EQUITY Page 11
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP European FTSE Europe ex UK Index Difference
100 100 Active 1290 -588 -836 248
-004 626 2783 152 636 2752 -156 -010 031
-524 -488 -036
-001 390 545 696 -035 371 535 654 034 019 010 042
010384
RLPBlackRock ACS European Equity Index FTSE AW Developed Europe ex UK Index Difference
100 100 Tracker 1310 -698 -825 127
161 629 2614 185 646 2772
-024 -017 -158
-267 -485 218
015 428 550 648 -017 386 554 667 032 042 -004 -019
310502
RLPJupiter European Special Situations FTSE World Europe ex UK Index Difference
170 197 Active 1228 -467 -900 433
-376 271 2373 081 562 2663 -457 -291 -290
-092 -555 463
-196 292 NA NA -105 299 NA NA -091 -007 NA NA
281111
RLPSchroder European Recovery FTSE World Europe Ex UK Index Difference
170 188 Active 1826 -2534 -900 -1634
-431 701 2094 081 562 2663 -512 139 -569
-321 -555 234
-855 -219 NA NA -105 299 NA NA -750 -518 NA NA
281111
RLP Europe Core Plus (Fidelity European Blended) FTSE Europe ex UK Index Difference
170 188 Active 1275 -443 -900 457
200 829 2265 081 562 2663 119 267 -398
-148 -555 407
182 498 614 NA -105 299 462 NA 287 199 152 NA
310306
RLP Europe Specialist (Columbia Threadneedle European Select) FTSE Europe ex UK Index Difference
170 178 Active 1180 241
-896 1137
442 792 4767
086 567 2670 356 225 2097
-915
-550 -365
489 913 762 NA
-100 304 467 NA 589 609 295 NA
310306
ASIAN EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
3 Years
Fund Launch
Date RLP Far East (ex Japan) FTSE Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1448 -785 -809 024
152 863 3310 144 855 3431 008 008 -121
-849 -889 040
054 435 444 879 040 437 493 871 014 -002 -049 008
310502
RLP Japan FTSE Japan Index Difference
100 100 Tracker 1116 -135 -068 -067
-291 1212 2449 -312 1158 2534 021 054 -085
-199 -160 -039
240 555 560 560 240 577 583 555 000 -022 -023 005
310502
RLP Pacific FTSE Asia Pacific Index Difference
100 100 Tracker 1206 -432 -427 -005
-132 1054 2723 -094 1010 2960 -038 044 -237
-721 -520 -201
143 426 474 702 145 510 544 705
-002 -084 -070 -003
010384
RLPBlackRock ACS Japanese Equity Index FTSE Japan Index Difference
100 100 Tracker 1179 -043 -068 025
-271 1223 2628 -312 1158 2534 041 065 094
-495 -160 -335
282 546 592 NA 240 577 583 NA 042 -031 009 NA
210108
RLPBlackRock Pacific Rim Equity Index FTSE World Asia Pacific (ex Japan) Index Difference
100 100 Tracker 1464 -786 -809 023
073 919 3267 144 814 3298 -071 105 -031
-811 -785 -026
044 431 473 NA 028 432 473 NA 016 -001 000 NA
210108
RLPFidelity Asia MSCI AC Asia Pacific Ex Japan Index Difference
170 189 Active 1543 -128 -681 553
224 2086 3625 129 1113 3410 095 973 215
-971 -1366 395
684 845 NA NA 160 396 NA NA 524 449 NA NA
281111
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
ASIAN EQUITY CONTINUED Page 12
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
15 Years
3 Years
5 Years
10 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Asia Pacific Core Plus (Stewart Investors Asia Pacific Leaders) 180 184 Active 1095 -633 681 677 2157 -320 222 468 739 NA 261009
MSCI AC Asia (ex Japan) Index -690 119 1102 3397 -1375 150 385 443 NA Difference 057 562 -425 -1240 1055 072 083 296 NA RLP Asia Pacific Core Plus (Invesco Asian) 170 190 Active 1573 -1121 -103 1626 4698 -861 071 653 697 NA 310306 MSCI AC Asia (ex Japan) Index -681 129 1113 3410 -1366 160 396 454 NA Difference -440 -232 513 1288 505 -089 257 243 NA RLP Japan Core Plus (Schroder Tokyo) 170 186 Active 1120 -410 -666 1085 3285 -631 -026 431 597 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -241 -180 -061 813 -548 -165 -090 077 NA RLP Japan Specialist (Invesco Japan) 170 170 Active 1307 -1713 -613 792 2965 -622 -566 041 216 NA 310306 Topix Index -169 -486 1146 2472 -083 139 521 520 NA Difference -1544 -127 -354 493 -539 -705 -480 -304 NA
GLOBAL EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
3 Years
5 Years
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Equity Composite Benchmark Difference
100 100 Active 1364 -662 -930 268
637 717 2411 -295 645 685 2494 -312
-008 032 -083 017
210 509 639 711 104 454 670 711 106 055 -031 000
310502
RLP Global Equity Diversified MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Equity Select MSCI World Index Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 030619
RLP Global Managed Composite Benchmark Difference
100 100 Active 1426 -790 -972 182
559 729 2277 -342 611 697 2439 -366
-052 032 -162 024
143 434 648 701 082 419 645 680 061 015 003 021
010384
RLP Worldwide FTSE World Index Difference
100 100 Active 1349 085 -199 284
971 657 2759 -008 1057 640 2969 -052 -086 017 -210 044
564 848 881 860 486 826 871 868 078 022 010 -008
010689
RLPBaillie Gifford UK amp Worldwide Equity Composite Benchmark Difference
140 142 Active 1625 -600
-1144 544
786 1175 2781 -154 377 688 2393 -469 409 487 388 315
425 734 868 NA -059 301 524 NA 484 433 344 NA
210108
RLPBlackRock ACS Global Blend Composite Benchmark Difference
100 100 Tracker 1406 -756 -972 216
595 689 2312 -237 611 697 2439 -366
-016 -008 -127 129
154 470 675 NA 082 419 645 NA 072 051 030 NA
120109
RLPBlackRock ACS Global Equity Index (5050) Composite Benchmark Difference
100 100 Tracker 1377 -930 -1025 095
294 784 2364 -367 416 743 2482 -365 -122 041 -118 -002
023 370 602 661 014 384 636 713 009 -014 -034 -052
300503
RLPBlackRock ACS Global Equity Index (6040) Composite Benchmark Difference
100 100 Tracker 1409 -1075 -1172 097
300 716 2245 -361 365 738 2367 -423 -065 -022 -122 062
-050 306 566 631 -058 308 591 668 008 -002 -025 -037
310502
RLPBlackRock ACS World (ex UK) Equity Index FTSE AW ex UK (Developed) Difference
100 100 Tracker 1399 114 -034 148
1090 677 2975 108 1173 630 3043 070 -083 047 -068 038
619 944 952 NA 578 922 958 NA 041 022 -006 NA
210108
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
GLOBAL EQUITY CONTINUED Page 13
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
10 Years
15 Years
Fund Launch
Date RLPDimensional Global Core Equity MSCI World Index Difference
125 131 Tracker 1579 -511 -146 -365
897 512 2893 -175 1173 560 2893 -014 -276 -048 000 -161
282 660 NA NA 515 839 NA NA
-233 -179 NA NA
060315
RLPDimensional Global Targeted Value MSCI World SMID Value Index Difference
145 151 Tracker 2199 -2000 -1094 -906
-153 365 3309 -287 466 661 2899 -067 -619 -296 410 -220
-653 108 NA NA -021 495 NA NA -632 -387 NA NA
060315
RLPFidelity Special Situations Blended Composite Benchmark Difference
170 186 Active 1621 -1289 -950 -339
229 813 2748 -034 646 582 2386 -341 -417 231 362 307
-123 412 627 NA 065 405 629 NA -188 007 -002 NA
180906
RLPFirst State Global Listed Infrastructure FTSE Global Core Infrastructure 5050 Difference
170 175 Active 1326 -104 -441 337
1498 -346 2557 581 1767 -224 2410 339 -269 -122 147 242
318 785 NA NA 321 712 NA NA
-003 073 NA NA
281111
RLPHSBC Islamic Global Equity Index Dow Jones Islamic Titans 100 Index Difference
100 125 Tracker 1399 1238 1068 170
1844 488 2685 200 1639 366 2646 -006 205 122 039 206
1175 1254 1101 NA 1011 1102 956 NA 164 152 145 NA
210108
RLPJupiter Ecology FTSE World Index Difference
170 173 Active 1517 -422 -268 -154
441 298 2444 047 980 566 2878 -121 -539 -268 -434 168
098 518 588 NA 413 750 795 NA -315 -232 -207 NA
290310
RLPJupiter Merlin Worldwide Portfolio IA Global Sector Average Difference
170 281 Active 1415 -426
-139 -287
944 569 2163 -396 980 745 2704 -151 -036 -176 -541 -245
346 528 623 NA 516 779 832 NA -170 -251 -209 NA
290310
RLPMampG Global Themes MSCI AC World Index Difference
170 187 Active 1520 418 -290 708
665 600 2611 -195 972 598 2887 -216 -307 002 -276 021
560 780 495 NA 413 731 776 NA 147 049 -281 NA
290310
RLPMampG Global Dividend MSCI AC World Index Difference
170 186 Active 1758 -934 -290 -644
948 611 2973 -394 972 598 2887 -216
-024 013 086 -178
174 558 NA NA 413 731 NA NA
-239 -173 NA NA
180213
RLPNeptune Global Equity MSCI World Index Difference
170 190 Active 1391 682 -343 1025
546 1948 2478 -1321 913 543 2817 -271 -367 1405 -339 -1050
1040 782 638 NA 357 673 719 NA 683 109 -081 NA
290310
RLPBNY Mellon Global Income FTSE World Index Difference
170 182 Active 1389 -395 -268 -127
1441 146 2332 931 980 566 2878 -121 461 -420 -546 1052
369 848 911 NA 413 750 795 NA
-044 098 116 NA
290310
RLPSarasin Food amp Agriculture Opportunities Not Available Difference
170 193 Active 1749 -1434
NA
1026 1341 2331 266 231 627 NA NA
NA NA NA NA NA NA NA NA Benchmark performance figures unavailable
180213
RLPSchroder MM International FTSE All World (ex UK) Index Difference
135 219 Active 1361 -306 -175 -131
558 213 2482 -066 1028 633 3026 -120 -470 -420 -544 054
149 532 NA NA 482 818 NA NA -333 -286 NA NA
080512
RLPUBS Global Blend (5050) Composite Benchmark Difference
160 183 Active 1684 -1688 -941 -747
182 966 2858 -753 657 593 2399 -331 -475 373 459 -422
-245 199 450 NA 075 415 640 NA -320 -216 -190 NA
210108
RLP Global Blend Core Plus (Rathbone Global Alpha) Composite Benchmark Difference
145 220 Active 1612 -722 -990 268
547 718 2203 -249 574 652 2409 -389 -027 066 -206 140
160 453 666 639 049 388 610 651 111 065 056 -012
310502
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
GLOBAL EQUITY CONTINUED Page 14
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Global Managed Equity Specialist (Invesco Global Equity) Composite Benchmark Difference
160 177 Active 1578 -1017
-1067 050
-491 1153 2819
534 624 2361 -1025 529 458
-660
-404 -256
-160 266 608 703
-001 347 580 626 -159 -081 028 077
290698
RLP Global Managed Equity Specialist (Investec Global Strategic Equity) Composite Benchmark Difference
170 179 Active 1623 -859
-1076 217
647 1218 3103
524 613 2349 123 605 754
-707
-413 -294
297 585 825 NA
-011 336 570 NA 308 249 255 NA
310306
EMERGING MARKETS EQUITY
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300419 300418 300417 1 year 1 year 1 year
Percentage Change 300415 300416 1 year
3 Years
5 Years
10 Years
15 Years
Compound Annual Growth Rate ()
Fund Launch
Date RLP Emerging Markets ESG Leaders Equity Tracker MSCI Emerging Markets ESG Leaders Index Difference
100 100 Tracker NA -622 -893 271
NA NA NA NA NA NA NA NA NA
NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA
250618
RLPBlackRock Emerging Markets Tracker FTSE Custom Emerging Net Midday Index Difference
115 122 Tracker 1499 -889 -887 -002
123 1059 3249 157 1045 3273
-034 014 -024
-1472 -1439 -033
066 287 NA NA 074 304 NA NA
-008 -017 NA NA
180213
RLPColumbia Threadneedle Latin America MSCI Emerging Markets Latin America 1040 Index Difference
170 190 Active 2746 -2855 -3609
754
-286 853 2545 -090 913 2992 -196 -060 -447
-1442 -970 -472
-901 -416 -496 NA -1157 -410 -521 NA 256 -006 025 NA
290310
RLPDimensional Emerging Markets Core Equity MSCI Emerging Markets Index Difference
150 162 Tracker 1617 -1399 -1006 -393
-254 1085 3368 -079 1302 3338 -175 -217 030
-1249 -1481 232
-242 168 NA NA 028 276 NA NA -270 -108 NA NA
060315
RLPFidelity Emerging Europe Middle East and Africa MSCI Emerging EMEA NR Index Difference
170 200 Active 2388 -2114 -2250
136
-030 822 2435 007 375 2213 -037 447 222
-960 -1261 301
-523 -088 116 NA -698 -299 -234 NA 175 211 350 NA
290310
RLPHenderson China Opportunities MSCI Zhong Hua Index Difference
170 191 Active 1806 -060 -335 275
-015 2533 4121 207 2084 3598 -222 449 523
-1760 -2344 584
754 767 782 NA 603 441 619 NA 151 326 163 NA
290310
RLPJPMorgan Emerging Europe Equity MSCI Emerging Markets Europe Index Difference
170 185 Active 1885 -601 -1385 784
677 000 2965 457 290 2565 220 -290 400
-350 -828 478
012 465 -101 NA -249 133 -224 NA 261 332 123 NA
290310
RLPJupiter India MSCI India Index Difference
170 202 Active 2323 -2468 -1886 -582
-918 -1016 5242 710 398 3371
-1628 -1414 1871
308 -371 679
-1497 -070 123 NA -332 307 113 NA -1165 -377 010 NA
290310
RLP Emerging Markets Core Plus (JPM Emerging Markets) MSCI Emerging Markets Index Difference
170 185 Active 1549 -383
-1024 641
745 1228 3683
-099 1279 3312 844 -051 371
-811
-1498 687
508 784 390 NA
008 255 204 NA 500 529 186 NA
280408
RLP Emerging Markets Specialist (Stewart Investors Global Emerging Markets Leaders) MSCI Emerging Markets Index Difference
180 187 Active 1414 -2237
-1033 -1204
-708 828 2291
-109 1268 3298 -599 -440 -1007
-062
-1507 1445
-790 -094 312 NA
-002 245 194 NA -788 -339 118 NA
280408
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
SPECIALIST Page 15
Fund Name Fund
Management Charge
Total Fund Expense Management Ratio Style
Fund Details
Fund Volatility
300419 300420 1 year
300418 300417 300416 300415 300419 300418 300417 300416 1 year 1 year 1 year 1 year
10 Years
15 Years
Percentage Change Compound Annual Growth Rate ()
3 Years
5 Years
Fund Launch
Date RLP Absolute Return Government Bond Overnight Cash Rate (SONIA) Difference
100 100 Active 200 -032 -038 006
000 -063 -021 NA -036 -066 -072 NA 036 003 051 NA
-032 NA NA NA -047 NA NA NA 015 NA NA NA
290615
RLP Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 046 -011 -039 028
-011 -042 -021 -021 -035 -064 -069 -052 024 022 048 031
-021 -021 NA NA -046 -052 NA NA 025 031 NA NA
281111
RLP Commodity Bloomberg Commodity Total Return Index Difference
100 100 Tracker 1093 -2249 -2140 -109
-334 041 NA NA -380 045 NA NA 046 -004 NA NA
-904 NA NA NA -875 NA NA NA -029 NA NA NA
130616
RLP Enhanced Cash Plus LIBID GBP 7 Days Index Difference
100 100 Active 103 000 -039 039
053 -031 NA NA -035 -064 NA NA 088 033 NA NA
007 NA NA NA -046 NA NA NA 053 NA NA NA
130616
RLP Multi Asset Strategies Sterling Overnight Index (SONIA) Difference
100 100 Active NA NA NA
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Performance figures available after 1 year 240619
RLPBlackRock Gold and General FTSE Gold Mines Index Difference
183 200 Active 3010 6068 7116
-1048
-534 -1271 567 2594 -254 -984 -180 4192 -280 -287 747 -1598
990 1204 -114 NA 1456 1593 -264 NA -466 -389 150 NA
261009
RLPInvestec Global Energy MSCI WorldEnergy Index Difference
170 183 Active 2110 -2727 -3611 884
-077 224 905 -2027 -217 896 1562 -1226 140 -672 -657 -801
-963 -849 -538 NA -1201 -712 -218 NA 238 -137 -320 NA
290310
RLPJPMorgan Global Macro ICE 1M LIBOR GBP Difference
158 173 Active 380 093 -089 182
-528 656 -084 -083 -091 -121 -122 -106 -437 777 038 023
062 004 102 NA -100 -106 -103 NA 162 110 205 NA
261009
RLPJPMorgan Natural Resources Not Available Difference
170 185 Active 2253 -1588
NA
-085 1576 3125 -1640 -116 116 -547 NA
NA NA NA NA NA NA -254 NA Benchmark performance figures unavailable
261009
RLPJupiter Financial Opportunities MSCI ACWIFinancials Difference
170 196 Active 1649 013 -1987 2000
857 1475 2333 -470 185 783 3672 -816 672 692 -1339 346
764 795 526 NA -417 201 383 NA 1181 594 143 NA
290310
RLPBNY Mellon Real Return LIBOR GBP 1 Month + 400 Bps Index Difference
170 182 Active 771 050 287 -237
476 -170 138 009 292 262 256 274 184 -432 -118 -265
115 098 248 NA 280 274 277 NA -165 -176 -029 NA
290310
RLPStandard Life Global Absolute Return Strategies LIBOR GBP 6 Months Index Difference
170 179 Active 417 010 -089 099
-070 -147 -020 -458 -078 -114 -113 -096 008 -033 093 -362
-069 -138 NA NA -093 -098 NA NA 024 -040 NA NA
180213
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005
IMPORTANT NOTES Page 16 Source Lipper bid to bid as at 30042020 Royal London as at 30042020 All performance figures including the figures shown for the growth in the benchmarks have been calculated net of the Fund Management Charge The Compound Annual Growth Rate (CAGR) is a measure of the investment returns on a given fund over the specified period It allows for the impact of compounding of investment returnswhich is particularly important where returns vary from one year to the next Past performance is not a guide to the future Prices can fall as well as rise meaning you may not get back the value of your original investment Investment returns may fluctuate and are not guaranteed
FTSE International Limited (ldquoFTSErdquo) copy FTSE 2020 ldquoFTSEregrdquo is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence All rights in the FTSE indices andor FTSE ratings vest in FTSE andor its licensors Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices andor FTSE ratings or underlying data No further distribution of FTSE Data is permitted without FTSErsquos express written consent
Total Expense Ratio (TER) covering calendar year 2018 The TER is a measure of the overall cost of a fundto the investor It includes the Fund Management Charge plus any audit custodian registration or compliance fees paid out of the fundrsquos assets It does not include the costs of buying and selling securities which wouldstill be paid if investing directly in securities instead of through an investment fund TERs are reviewed regularly and may be subject to change
Tracker funds also known as passive funds aim to perform in line with a market index such as the FTSE AllShare index They do this by investing in either all (full replication) or a representation (partial replication) of the index constituents Tracker funds tend to be low cost as this replication is generally done automaticallyand does not require the same level of research as active management
Actively managed funds aim to outperform the market index by employing fund managers and research teams to make tactical decisions on which stocks or sectors to invest in They tend to have higher charges thantracker funds in line with the extra resource required to run these funds It should be remembered that a higher charge does not guarantee better returns
The Fund Volatility figure shown is the annualised standard deviation of the monthly returns on the fundover a three-year time period to 30042020 Standard deviation is a measure of the spread of monthly returns around the average (mean) return A higher volatility figure indicates that the fund has produced a wider range of returns over the three-year period while a fund with a lower volatility figure has been more stable
The performances of the indicated benchmarks have been calculated using prices for the last pricing date previous to that shown (ie to compare our fund price movements for the period to 30042020 we have used benchmark prices to 29042020) This calculation allows a more accurate comparisonbetween the fund and its benchmark due to a one-day delay in the pricing of the external funds in question
As part of our ongoing review process a change of underlying investment occurred for this fund
The performances of the indicated benchmarks have been calculated using prices for the last pricing date two days prior to that shown (ie to compare our fund price movements for the period to30042020 we have used benchmark prices to 28042020) This calculation allows a more accuratecomparison between the fund and its benchmark dueto a two-day delay in the pricing of the external funds in question
Please note this fund was closed to new investors and incremental investments on 07092013
Royal London 1 Thistle Street Edinburgh EH2 1DG
royallondoncom Were happy to provide your documents in a different format such as Braille large print or audio just ask us when you get in touch All of our printed products are produced on stock which is from
FSCreg certified forests
The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority The firm is on the Financial Services Register registration number 117672 It provides life assurance and pensions Registered in England and Wales company number 99064 Registered office 55 Gracechurch Street London EC3V 0RL Royal London Marketing Limited is authorised and regulated by the Financial Conduct Authority and introduces Royal Londonrsquos customers to other insurance companies The firm is on the Financial Services Register registration number 302391 Registered in England and Wales company number 4414137 Registered office 55 Gracechurch Street London
EC3V 0RL
May 2020 IB May 202005