Fact sheet: Lazard Emg Mkt Dt Bl

Fund information
Fund name
Lazard Emerging Markets Debt Blend K Acc EUR
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
9%
1 Year rank in sector
118/229
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.
0.65%
Fund size
£1,046m (£1,369m last year)
Top in this sector
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Ashmore EMHghYldCrDb30%
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...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Mexico8.3%
    Brazil8.1%
    USA8.1%
    Indonesia7.2%
    Turkey7.1%
  • Debt100%
  • American Emerging Fixed Interest19.1%
    European Emerging Fixed Interest10.8%
    Mexican Fixed Interest8.3%
    Brazilian Fixed Interest8.1%
    Indonesian Fixed Interest7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.9%-1.8%2.7%9%18.7%-
Sector-0.2%2.1%6.7%9.7%1.9%9.2%
Rank within sector237 / 244228 / 243217 / 239118 / 22919 / 194-
Quartile4th4th4th3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund0.4%12%0.5%--
Sector5%10.2%-7.3%-0.6%-7%
Rank within sector229 / 24259 / 22545 / 210--
Quartile4th2nd1st
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.
7.11
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.
0.74
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.
0.48
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%.
9.25
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.
7.71
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.
0.84
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.
0.34
Price movement
52 week high128.32
52 week low112.61
Current bid price-
Current offer price-
Current mid price122.89
Region
1Mexico8.33%
2Brazil8.14%
3USA8.1%
4Indonesia7.24%
5Turkey7.12%
6South Africa5.94%
7Colombia5.22%
8Argentina5%
9Malaysia3.86%
Industry sector
1Debt100%
Asset type
1American Emerging Fixed Interest19.12%
2European Emerging Fixed Interest10.83%
3Mexican Fixed Interest8.33%
4Brazilian Fixed Interest8.12%
5Indonesian Fixed Interest7.19%
6South African Fixed Interest5.94%
7African Fixed Interest5.45%
8Money Market5.24%
9Malaysian Fixed Interest3.86%
Individual holdings
1MEXICO(UNITED MEXICAN STATES) 5% BDS 11/12/19 MXN1002.97%
2PETROBRAS GLOBAL FINANCE BV 8.375% BDS 23/05/21 USD20001.92%
3COLOMBIA(REPUBLIC OF) 10% BDS 24/07/24 COP1000001.88%
4MALAYSIA 0% BDS 30/09/21 MYR10001.81%
5TURKEY(REPUBLIC OF) 8.5% BDS 10/07/19 TRY10001.81%
6REPUBLIC OF SOUTH AFRICA BONDS 12/26 10.51.71%
7BRAZIL(FEDERATIVE REPUBLIC OF) VAR TB 01/01/27 BRL10001.62%
8POLAND(STATE TREASURY OF) 0% BDS 25/10/18 PLN10001.5%
9SOUTH AFRICA(REPUBLIC OF) 8.25% BDS 31/03/32 ZAR11.43%
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 Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Netherlands, Offshore, Singapore
Lazard Emerging Markets Debt Blend A Acc USD
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price95.3692
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI5WW
Lazard Emerging Markets Debt Blend A Dis GBP
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price115.6374
CurrencyGBP
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN8EQ
Lazard Emerging Markets Debt Blend A Dis USD
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price102.6717
CurrencyUSD
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN8GU
Lazard Emerging Markets Debt 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)1.03%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price95.1815
CurrencyCHF
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKYBU
Lazard Emerging Markets Debt Blend A Hedged Acc EUR
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price91.0333
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ8KF
Lazard Emerging Markets Debt Blend A Hedged Acc GBP
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.2119
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNI1S
Lazard Emerging Markets Debt Blend A Hedged Dis CHF
Initial charge3%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHF
Lazard Emerging Markets Debt 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)1.01%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHE
Lazard Emerging Markets Debt Blend A Hedged Dis GBP
Initial charge3%
Annual charge0.8%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.9026
CurrencyGBP
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNOEN
Lazard Emerging Markets Debt Blend K Acc EUR
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.8921
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKE6J
Lazard Emerging Markets Debt Blend K Dis EUR
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.3025
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKW2S
Lazard Emerging Markets Debt Blend Q Dis USD
Initial charge3%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHH
Lazard Emerging Markets Debt Blend X Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.4448
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMC9F
Lazard Emerging Markets Debt Blend X Hedged Dis EUR
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)0.23%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHG
Data provided by

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