The Royal London Cash Plus Fund has been assigned a credit rating of ‘AAA’ and a fund volatility rating of ‘V1’ by Fitch Ratings. Given the expectation that deposit rates will remain low for a prolonged period, the fund aims to provide an enhanced return without an increase in risk profile. The ‘AAA’ credit rating reflects the expected weighted average credit quality of the portfolio, while the ‘V1’ volatility rating denotes that the fund is considered to have very low sensitivity to market risk.