Fact sheet: Lazard EMDtUnrstdBlnd

Fund information
Fund name
Lazard Emerging Markets Debt Unrestricted Blend A Acc GBP
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Denise Simonsince 01/02/2011
  • Arif Joshisince 01/02/2011
Fund objective
To maximise total return from income and capital growth.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
23.1%
1 Year rank in sector
12/219
Sector
FO Fixed Int - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.01%
Fund size
£0m
Top in this sector
Fund name1 Year
Aberdeen Global II EMTlRB479.8%
UBS (L)BdSIC-Brazil$41.8%
Pictet Lat Am Lcl Cur Dt34.5%
Gramercy Allct Emg Mket Debt31.2%
Ashmore EMHghYldCrDb29.8%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • USA15%
    Indonesia7%
    Mexico6.7%
    South Africa6.3%
    Brazil5.2%
  • Others31.2%
    B-11.4%
    Money Market8.1%
    BBB-6.4%
    BB-5.5%
  • American Emerging Fixed Interest18.6%
    Money Market8.1%
    European Emerging Fixed Interest7.7%
    US Fixed Interest7.1%
    Indonesian Fixed Interest6.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%4.3%3.7%23.1%--
Sector1%4.5%1.4%9.4%5.7%6%
Rank within sector72 / 234104 / 23339 / 22612 / 219--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.3%29.9%---
Sector4%10.2%-7.3%-0.6%-7%
Rank within sector88 / 2337 / 218---
Quartile2nd1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high143.52
52 week low109.21
Current bid price-
Current offer price-
Current mid price138.82
Region
1USA14.99%
2Indonesia6.98%
3Mexico6.68%
4South Africa6.28%
5Brazil5.2%
6Turkey4.75%
7Colombia4.5%
8Argentina4.44%
9Malaysia3.7%
Industry sector
1Others31.23%
2B-11.38%
3Money Market8.14%
4BBB-6.39%
5BB-5.48%
6A-5.3%
7BBB+5.03%
8A4.8%
9BB4.34%
Asset type
1American Emerging Fixed Interest18.57%
2Money Market8.14%
3European Emerging Fixed Interest7.73%
4US Fixed Interest7.11%
5Indonesian Fixed Interest6.89%
6African Fixed Interest6.88%
7Mexican Fixed Interest6.67%
8South African Fixed Interest6.28%
9Brazilian Fixed Interest5.17%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0% BDS 11/05/17 USD10005.39%
2MEXICO(UNITED MEXICAN STATES) 5% BDS 11/12/19 MXN1002.48%
3PETROBRAS GLOBAL FINANCE BV 8.375% BDS 23/05/21 USD20002.07%
4TURKEY(REPUBLIC OF) 6.3% BDS 14/02/18 TRY1001.78%
5INDONESIA(REPUBLIC OF) 8.75% BDS 15/05/31 IDR10000001.74%
6REPUBLIC OF SOUTH AFRICA BONDS 12/26 10.51.72%
7MALAYSIA 0% BDS 30/09/21 MYR10001.69%
8BRAZIL(FEDERATIVE REPUBLIC OF) VAR TB 01/01/27 BRL10001.6%
9REPUBLIC OF ARGENTINA1.54%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To maximise total return from income and capital growth.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Denise Simon01/02/2011Denise Simon is a Portfolio Manager/Analyst on Lazard's Emerging Markets Debt team. She began working in the investment field in 1986. Prior to joining Lazard in 2010, Denise was with HSBC Global Asset Management (formerly Halbis) where she was a Managing Director and Portfolio Manager for three global emerging markets strategies. Prior to HSBC, she was a Partner and senior portfolio manager at The Atlantic Advisors (acquired by HSBC in 2005). Prior to this, Denise was a senior portfolio manager at Dresdner Kleinwort Wasserstein (formerly Wasserstein Perella) managing global funds. From 1995-1998, she was a senior trader of emerging European debt and equity at Bayerische Vereinsbank in Germany. From 1992-1995 Denise was an Executive Director of EM Trading at Lehman Brothers. She also held senior trading positions in Global Markets at both Kleinwort Benson and UBS. Denise has a BA in International Economics from George Washington University. She currently serves on the Board of the US-Mexico Chamber of Commerce and the Board of the Richard B. Fisher Center for the Performing Arts at Bard College. As well, she chairs the Board of the Mexican Cultural Institute and the Board of the Bard Music Festival.
Arif Joshi01/02/2011Arif Joshi is a Portfolio Manager/Analyst on Lazard's Emerging Markets Debt team. He began working in the investment field in 1998. Prior to joining Lazard in 2010, Arif was with HSBC Global Asset Management (formerly Halbis) where he served as Senior Vice President and Portfolio Manager. At HSBC, Arif was responsible for global emerging markets, focusing on corporate and sovereign credit analysis, risk management and quantitative modeling. He began this role at The Atlantic Advisors LLC (acquired by HSBC in 2005). Prior to HSBC, he was an associate at Strategic Management Group where he advised Fortune 500 companies on finance and corporate strategy. Arif has an MBA in Finance from Columbia Business School and a BS in Economics from the Wharton School at the University of Pennsylvania.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, France, United Kingdom, Ireland, Netherlands, Offshore, Singapore
Lazard Emerging Markets Debt Unrestricted Blend A Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQHI
Lazard Emerging Markets Debt Unrestricted Blend A Acc GBP
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price138.8227
CurrencyGBP
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE49K
Lazard Emerging Markets Debt Unrestricted Blend A Acc USD
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.2492
CurrencyUSD
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE49J
Lazard Emerging Markets Debt Unrestricted Blend A Dis EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHJ
Lazard Emerging Markets Debt Unrestricted Blend A Dis GBP
Initial charge3%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHK
Lazard Emerging Markets Debt Unrestricted Blend A Hedged Acc CHF
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.2622
CurrencyCHF
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN00M
Lazard Emerging Markets Debt Unrestricted Blend A Hedged Acc EUR
Initial charge3%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQHL
Lazard Emerging Markets Debt Unrestricted Blend A Hedged Dis EUR
Initial charge3%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHM
Lazard Emerging Markets Debt Unrestricted Blend K Acc EUR
Initial charge3%
Annual charge0.75%
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.1826
CurrencyEUR
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE49L
Lazard Emerging Markets Debt Unrestricted Blend K Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.4234
CurrencyGBP
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYJF
Lazard Emerging Markets Debt Unrestricted Blend K Dis EUR
Initial charge3%
Annual charge-
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHN
Lazard Emerging Markets Debt Unrestricted Blend M Acc USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQHO
Lazard Emerging Markets Debt Unrestricted Blend X Acc USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.5555
CurrencyUSD
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN32L
Lazard Emerging Markets Debt Unrestricted Blend X Hedged Acc EUR
Initial charge3%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.3584
CurrencyEUR
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2IF
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.