However, the fund manager and many Alpha managers left Royal London in April 2024 and since then the performance of this fund has been disappointing to say the least (4% vs. 11% for a benchmark global equity fund)...
I sold my Royal London fund shares in July 2025 as wanted to give the new fund managers a chance, but I had waited long enough!
I bought £8637 in 2023 and sold for £11748 in July 2025 (£3111 gain in 2 years = approx 35% in two years). An 18%/yr return rate is OK for me, considering the Trump effect of this year.
BUY £3357 18/04/2023 1629 shares
BUY £5280 01/09/2023 2329 shares
SELL £11748 22/07/2025 3958 shares
Artemis Global Income Fund (Acc)
I have now found an alternative active fund in the Artemis Global Income Fund (Acc) which has shown even better 5 year performance than the Royal London fund over the last 5 years...
but more importantly, the one year performance has also been very good too at an amazing 37% gain...
I like this fund because it has a high EU exposure (esp. in EU finance - EU banks ETF BNKE has performed well for me too) and it will act as a hedge towards many of my other investments (ETFs and companies) which are heavily USA-weighted. It also tends to prefer dividend paying companies as it is an income+growth fund (though I have bought the accumulation version of the fund - ISIN: GB00B5ZX1M70).
The TER is approx. 0.9% but the performance, if it continues, will far outweigh the charges. The aim of the fund is to beat a standard global equity index by at least 3%.
The risk factor is 5 which is not too bad either.
I only wish I had found it sooner, but I have now purchased this fund and I intend to leave it sitting in my ISA for many years.
Most of my portfolio is in low charge Index ETFs, but I also use active funds in the hope that professional UK fund managers have a better understanding of the economy than I do and so they should outperform me in some years!
Let me know if you have a favourite global fund.
Please note: This is not investment advice - please do your own research!
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