Fact sheet: Lazard Emg Mkts Cre Eq

Fund information
Fund name
Lazard Emerging Markets Core Equity Inst Acc USD
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
Investment style
None
Investment method
Shares
Quick stats
1 Year return
23.9%
1 Year rank in sector
180/255
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.
1.26%
Fund size
£119m (£58m 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.
131
Top in this sector
Fund name1 Year
RWC Gbl Emerging Mkts81.6%
Pimco RAEFdmntl+EmgMkt67%
GAM Star Nth of Sth EM Eq64.3%
Charlemagne Magna Nw Frt62.7%
HSBC GIF BRIC Eq62.1%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Emerging Asia57.2%
    Latin America16.3%
    European Emerging Markets10.6%
    Continental Europe5.5%
    Africa3.8%
  • Information Technology30.3%
    Financials25.3%
    Materials9.6%
    Consumer Discretionary9.3%
    Energy8.4%
  • Asia Pacific Emerging Equities57.2%
    American Emerging Equities16.3%
    European Emerging Equities10.6%
    European Equities5.5%
    Middle East & African Equities4.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.1%11.9%3.4%23.9%1.3%-
Sector4.8%10.2%4.8%29.4%4.8%0.5%
Rank within sector132 / 26883 / 267163 / 266180 / 255143 / 212-
Quartile2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund8.8%3.1%-11.3%-2.6%2.1%
Sector8.1%10.7%-14.3%-1.4%-0.7%
Rank within sector114 / 268210 / 254105 / 231136 / 20854 / 183
Quartile2nd4th2nd3rd2nd
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.
-0.39
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
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
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%.
14.2
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.
4.23
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.
-0.11
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.
0.91
Price movement
52 week high99.11
52 week low79.75
Current bid price-
Current offer price-
Current mid price99.11
Region
1Emerging Asia57.2%
2Latin America16.3%
3European Emerging Markets10.6%
4Continental Europe5.5%
5Africa3.8%
6Money Market3.4%
7UK1.3%
8Asia Pacific ex Japan1%
9Middle East0.9%
Industry sector
1Information Technology30.3%
2Financials25.3%
3Materials9.6%
4Consumer Discretionary9.3%
5Energy8.4%
6Telecommunications Utilities5%
7Consumer Staples3.5%
8Money Market3.4%
9Industrials2.5%
Asset type
1Asia Pacific Emerging Equities57.2%
2American Emerging Equities16.3%
3European Emerging Equities10.6%
4European Equities5.5%
5Middle East & African Equities4.7%
6Money Market3.4%
7UK Equities1.3%
8Asia Pacific ex Japan Equities1%
Individual holdings
1SAMSUNG ELECTRONICS CO6.5%
2TAIWAN SEMICONDUCTOR MANUFACTURING5.5%
3LUKOIL OAO4.7%
4TENCENT HLDGS LTD4.5%
5SBERBANK OF RUSSIA3.3%
6INDUSTRIAL & COM BK CHNA3.2%
7ALIBABA GROUP HLDG LTD2.6%
8HDFC BANK LTD2.5%
9BRASKEM SA2.2%
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
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, 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 charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.1903
CurrencyEUR
Price updated16/02/2017
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 charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.1066
CurrencyUSD
Price updated16/02/2017
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 charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.6626
CurrencyGBP
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN00N
Lazard Emerging Markets Core Equity Inst EA Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.8304
CurrencyUSD
Price updated16/02/2017
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 charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.0609
CurrencyUSD
Price updated16/02/2017
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)1.14%
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)1.14%
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.