Dive into the world of pension funds with a critical analysis of the Royal London Sustainable Leaders Trust. In a year where the NASDAQ soared by 55% and the S&P 500 saw a 25% increase, expectations for pension funds were sky-high. Yet, how did this fund, with its promising title and sustainable focus, measure up in such a bullish market? With only 11% of its investments in the US market, where many of the global leaders reside, we dissect the fund's strategy, holdings, and ultimately, its performance over the past year.

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