Fact sheet: Lazard Emg Mkts Cre Eq

Fund information
Fund name
Lazard Emerging Markets Core Equity Inst EA Acc GBP
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund manager
  • Stephen Russellsince 21/12/2012
Fund objective
To achieve long-term capital growth.
Benchmark
  • MSCI Emerging Markets Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
43.9%
1 Year rank in sector
17/264
Sector
FO Equity - 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.
0.76%
Fund size
£124m (£70m last year)
Top in this sector
Fund name1 Year
Charlemagne Magna Nw Frt63.8%
Jul Baer Mltistck Emerg Eq51.5%
GAM Star Nth of Sth EM Eq50.5%
Hermes Gbl Emrg Mkts50.5%
RWC Gbl Emerging Mkts50%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Emerging Asia58.9%
    Latin America16%
    European Emerging Markets9.2%
    Continental Europe5.1%
    Africa4.3%
  • Information Technology32.8%
    Financials25.8%
    Consumer Discretionary8.8%
    Materials8.8%
    Energy6.8%
  • Asia Pacific Emerging Equities58.9%
    American Emerging Equities16%
    European Emerging Equities9.2%
    European Equities5.1%
    Middle East & African Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%4.5%15.7%43.9%--
Sector2%4.7%15.1%25.6%3.3%19.6%
Rank within sector154 / 276172 / 276138 / 27217 / 264--
Quartile3rd3rd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund12.3%----
Sector13.8%10.7%-14.3%-1.4%-0.7%
Rank within sector181 / 276----
Quartile3rd
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 high149.53
52 week low102.74
Current bid price-
Current offer price-
Current mid price146.89
Region
1Emerging Asia58.9%
2Latin America16%
3European Emerging Markets9.2%
4Continental Europe5.1%
5Africa4.3%
6Money Market2.2%
7UK1.4%
8North America1.2%
9Asia Pacific ex Japan1%
Industry sector
1Information Technology32.8%
2Financials25.8%
3Consumer Discretionary8.8%
4Materials8.8%
5Energy6.8%
6Industrials4.7%
7Consumer Staples3.9%
8Telecommunications Utilities3.9%
9Money Market2.2%
Asset type
1Asia Pacific Emerging Equities58.9%
2American Emerging Equities16%
3European Emerging Equities9.2%
4European Equities5.1%
5Middle East & African Equities5%
6Money Market2.2%
7UK Equities1.4%
8North American Equities1.2%
9Asia Pacific ex Japan Equities1%
Individual holdings
1SAMSUNG ELECTRONICS CO7.2%
2TAIWAN SEMICONDUCTOR MANUFACTURING5.3%
3TENCENT HLDGS LTD4.9%
4ALIBABA GROUP HLDG LTD3.5%
5INDUSTRIAL & COM BK CHINA3%
6SBERBANK OF RUSSIA2.9%
7HDFC BANK LTD2.8%
8LARGAN PRECISION CO LTD2.8%
9LUKOIL OAO2.8%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To achieve long-term capital growth.
Benchmark
  • MSCI Emerging Markets Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Stephen Russell21/12/2012Mr. Stephen Russell, CFA is a Director, Portfolio Manager, and Analyst at Lazard Asset Management LLC. Mr. Russell joined the firm in March 2011 and is a member of the emerging markets core equity team. He was previously a Portfolio Manager at Deutsche Asset Management. Mr. Russell has extensive investment experience. He is a C.F.A. charter holder.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, United Kingdom, Ireland, Italy, Offshore, Singapore
Lazard Emerging Markets Core Equity Inst Acc EUR
Initial charge3%
Annual charge1%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price135.2064
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM3IM
Lazard Emerging Markets Core Equity Inst Acc GBP
Initial charge3%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQH9
Lazard Emerging Markets Core Equity Inst Acc USD
Initial charge3%
Annual charge1%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price107.0627
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeICMK
Lazard Emerging Markets Core Equity Inst Dis EUR
Initial charge3%
Annual charge1%
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 codeNQH7
Lazard Emerging Markets Core Equity Inst Dis GBP
Initial charge3%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQH8
Lazard Emerging Markets Core Equity Inst EA Acc GBP
Initial charge3%
Annual charge0.5%
Min single investment£500
Min regular saving£10
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price146.8949
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN00N
Lazard Emerging Markets Core Equity Inst EA Acc USD
Initial charge3%
Annual charge0.5%
Min single investment£500
Min regular saving£10
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price120.9665
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTFO
Lazard Emerging Markets Core Equity Inst EA Dis GBP
Initial charge3%
Annual charge0.5%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQHA
Lazard Emerging Markets Core Equity Inst EA Dis USD
Initial charge3%
Annual charge0.5%
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 classInstitutional
Domicile-
Citi codeNQHB
Lazard Emerging Markets Core Equity Inst Inc USD
Initial charge3%
Annual charge1%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price99.3913
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKPVJ
Lazard Emerging Markets Core Equity Ret C Acc GBP
Initial charge7%
Annual charge0.75%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN9DR
Lazard Emerging Markets Core Equity Ret C Acc USD
Initial charge7%
Annual charge0.75%
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
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQHC
Lazard Emerging Markets Core Equity Ret C Dis GBP
Initial charge7%
Annual charge0.75%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN9DS
Lazard Emerging Markets Core Equity Ret C Dis USD
Initial charge7%
Annual charge0.75%
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 classRetail
Domicile-
Citi codeNQHD
Data provided by

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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.