Fact sheet: Aviva Lazard Gbl Eq Inc Pn

Fund information
Fund name
Aviva Lazard Global Equity Income Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Andrew Laceysince 21/10/2007
  • Kyle Waldhauersince 21/10/2007
  • Patrick Ryansince 21/10/2007
Underlying fund
Lazard Global Equity Inc
Fund objective
To seek to generate substantial income as well as long term capital growth.
Benchmark
  • MSCI All Country World Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
24.6%
1 Year rank in sector
111/961
Sector
PN Global Equities
Yield
-
Fund size
£0m (£0m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
103
Bid price
117.64
Top in this sector
Fund name1 Year
LV= M&G Global Div Pn32.3%
OMW IPL M&G Global Dividend Pn32.3%
AXA Wealth Sch ISF Gbl Recv Pn32.2%
Stan Life M&G Global Dividend Pn31.7%
Aviva M&G Global Div Pn31.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America37%
    Continental Europe26.1%
    Emerging Asia13.2%
    UK5%
    Asia Pacific ex Japan3.9%
  • Financials26.9%
    Information Technology12.3%
    Telecommunications Utilities10.9%
    Energy9.1%
    Consumer Discretionary8%
  • North American Equities37%
    European Equities26.1%
    Asia Pacific Emerging Equities13.2%
    UK Equities5%
    Asia Pacific ex Japan Equities3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%2%15.5%24.6%20%-
Sector-0.1%1.5%13.3%17.2%33%74.2%
Rank within sector455 / 1039402 / 1035344 / 1025111 / 961791 / 849-
Quartile2nd2nd2nd1st4th
Calendar performance
 YTD - 20162015201420132012
Fund24.8%-10.5%5%--
Sector16.3%3.7%7.8%21.4%11.2%
Rank within sector71 / 963913 / 921594 / 849--
Quartile1st4th3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-4.45
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.12
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.22
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.31
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.87
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.71
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.85
Price movement
52 week high124.41
52 week low85.38
Current bid price117.64
Current offer price-
Current mid price-
Region
1North America37%
2Continental Europe26.1%
3Emerging Asia13.2%
4UK5%
5Asia Pacific ex Japan3.9%
6Latin America3.4%
7European Emerging Markets3%
8Money Market2.7%
9Japan2.6%
Industry sector
1Financials26.9%
2Information Technology12.3%
3Telecommunications Utilities10.9%
4Energy9.1%
5Consumer Discretionary8%
6Health Care7.5%
7Industrials6.9%
8Others6.2%
9Utilities5.1%
Asset type
1North American Equities37%
2European Equities26.1%
3Asia Pacific Emerging Equities13.2%
4UK Equities5%
5Asia Pacific ex Japan Equities3.9%
6American Emerging Equities3.4%
7European Emerging Equities3%
8Money Market2.7%
9Japanese Equities2.6%
Individual holdings
1CISCO SYSTEMS INC3.8%
2PFIZER INC3.7%
3TELENOR ASA3.7%
4TAIWAN SEMICONDUCTOR MANUFACTURING3.5%
5TOTAL SA3.2%
6BLACKSTONE MORTGAGE TRUST INC USD0.01 A3%
7PACWEST BANCORP (DELAWARE)3%
8International Paper Co ORD2.9%
9EATON CORP PLC2.6%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To seek to generate substantial income as well as long term capital growth.
Benchmark
  • MSCI All Country World Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Lacey21/10/2007Andrew Lacey is Deputy Chairman of Lazard Asset Management responsible for oversight of the firm's U.S. and global strategies. He is also a Portfolio Manager/Analyst on various U.S. and global equity portfolio teams. Andrew began working in the investment field in 1995 when he joined Lazard as a member of Lazard's Global Research Platform. He has an MBA from Columbia University and a BA (Hons) from the College of Social Studies, Wesleyan University. Andrew is currently on the Board of Trustees of the Link Community School.
Kyle Waldhauer21/10/2007Kyle Waldhauer is a Senior Vice President and Portfolio Manager/Analyst on the Global Equity Income and Global Equity Select teams. He began working in the investment field in 1994. Prior to joining Lazard in 1998, Kyle was a financial representative at Fidelity Investments. He has a BS in Economics and Finance from Southern New Hampshire University.
Patrick Ryan21/10/2007Patrick Ryan is a Managing Director and Portfolio Manager/Analyst on the Global Equity Income and Global Equity Select teams. He began working in the investment industry in 1989. Prior to joining Lazard in February 1994, Pat was an equity analyst with Hutson Management. Pat has a BS in Industrial Engineering from Columbia University School of Engineering and Applied Science.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Lazard Global Equity Income Pn Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.87
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJK7Q
Aviva Lazard Global Equity Income Pn S6
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price117.64
Offer price-
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJK7P
Data provided by

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