Fact sheet: Lazard Emerging Mkts Bd

Fund information
Fund name
Lazard Emerging Markets Bond Inst Acc USD
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Denise Simonsince 01/11/2010
  • Arif Joshisince 01/11/2010
Fund objective
The investment objective of the Fund is to maximise total return from income and capital growth.
Benchmark
  • JP Morgan EMBI Global Diversified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.5%
1 Year rank in sector
-
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%
Fund size
£19m
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.
86
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$67.4%
Ashmore EMHghYldCrDb41.8%
Gramercy Allct Emg Mket Debt35.8%
EDRF Emerging Bonds34.1%
EDRF EmCorpBds31.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Argentina6.4%
    Indonesia5.2%
    Kazakhstan4.4%
    Ecuador4.3%
    Ukraine4%
  • B-20.2%
    Others12.4%
    BBB10.1%
    BB+8.8%
    BBB-8%
  • American Emerging Fixed Interest32.6%
    African Fixed Interest12.5%
    European Emerging Fixed Interest10.6%
    Asia Pacific Emerging Fixed Interest6.8%
    Indonesian Fixed Interest5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%3.8%-1.6%12.5%18.7%31.4%
Sector1.8%4.4%-0.1%13.6%5.3%4.8%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund2.4%10.1%0.9%5%-5%
Sector2.7%10.2%-7.3%-0.6%-7%
Rank within sector-----
Quartile
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.
4.71
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.
0.76
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.
0.43
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%.
6.1
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.
2.88
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.
1.49
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.
0.86
Price movement
52 week high141.62
52 week low123.29
Current bid price-
Current offer price-
Current mid price138.28
Region
1Argentina6.38%
2Indonesia5.24%
3Kazakhstan4.41%
4Ecuador4.25%
5Ukraine3.99%
6Russia3.58%
7Turkey3.56%
8Colombia3.42%
9Lebanon3.34%
Industry sector
1B-20.18%
2Others12.4%
3BBB10.12%
4BB+8.82%
5BBB-7.98%
6B7.66%
7B+7.64%
8BB-6.76%
9BB5.2%
Asset type
1American Emerging Fixed Interest32.56%
2African Fixed Interest12.52%
3European Emerging Fixed Interest10.57%
4Asia Pacific Emerging Fixed Interest6.79%
5Indonesian Fixed Interest5.24%
6Kazakhstan Fixed Interest4.41%
7Middle East & African Fixed Interest4.19%
8Russian Fixed Interest3.58%
9Mexican Fixed Interest3.13%
Individual holdings
1RUSSIAN FEDERATION1.97%
2REPUBLIC OF AZERBAIJAN1.9%
3KAZAKHSTAN(REPUBLIC OF) 5.125% NTS 21/07/25 USD200000 3 REG S1.67%
4PHILIPPIN 7.75% 01/14/31 PHILIPPINE GOVT INTERNAT'LBD 7.75% 01/14/20311.62%
5PETROBRAS GLOBAL FINANCE BV 8.375% BDS 23/05/21 USD20001.6%
6COTE D`IVOIRE 5.375% NTS 23/07/24 USD1000 REG S1.59%
7OMAN(GOVT OF) 3.625% BDS 15/06/21 USD2000001.57%
8RUSSIAN FEDERATION1.56%
9ECUADOR(REPUBLIC OF) 10.5% BDS 24/03/20 USD 2000001.53%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
The investment objective of the Fund is to maximise total return from income and capital growth.
Benchmark
  • JP Morgan EMBI Global Diversified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Denise Simon01/11/2010Denise Simon is lead portfolio manager responsible for global emerging markets debt. She has 25 years experience and was a partner and fund manager at The Atlantic Advisors, LLC, which was acquired by HSBC in 2005.
Arif Joshi01/11/2010Arif Joshi is a Portfolio Manager/Analyst on LAM’s Emerging Markets Debt team and has worked in the investment industry since 1998. Prior to joining LAM in 2010, Arif worked in senior portfolio management positions working with Denise for a number of other investment firms. 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 Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Netherlands, Offshore, Singapore
Lazard Emerging Markets Bond Inst Acc USD
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price138.275
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLUT8
Lazard Emerging Markets Bond Inst Dis USD
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQH3
Lazard Emerging Markets Bond Inst Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price134.1503
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLUT9
Lazard Emerging Markets Bond Inst Hedged Acc GBP
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQGY
Lazard Emerging Markets Bond Inst Hedged Acc JPY
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQGU
Lazard Emerging Markets Bond Inst Hedged Dis EUR
Initial charge3%
Annual charge0.65%
Min single investment£500,000
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 codeNQGW
Lazard Emerging Markets Bond Inst Hedged Dis GBP
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQGX
Lazard Emerging Markets Bond Inst Hedged Dis JPY
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQGV
Lazard Emerging Markets Bond Management Acc USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQH4
Lazard Emerging Markets Bond Retail Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQH5
Lazard Emerging Markets Bond Retail Dis USD
Initial charge5%
Annual charge1.25%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNQH6
Lazard Emerging Markets Bond Retail Hedged Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQGZ
Lazard Emerging Markets Bond Retail Hedged Acc GBP
Initial charge5%
Annual charge1.25%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQH1
Lazard Emerging Markets Bond Retail Hedged Dis EUR
Initial charge5%
Annual charge1.25%
Min single investment£2,000
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 classRetail
Domicile-
Citi codeNQH0
Lazard Emerging Markets Bond Retail Hedged Dis GBP
Initial charge5%
Annual charge1.25%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNQH2
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.