Fact sheet: Lazard Eurpn Alt

Fund information
Fund name
Lazard European Alternative Inst Hedged Acc USD
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund manager
  • Leopold Arminjonsince 27/09/2015
Fund objective
The investment objective of the Fund is to seek long-term capital growth.
Benchmark
  • No Specified Index
Investment style
Concentrated,Long/Short
Investment method
Equity
Quick stats
1 Year return
3.2%
1 Year rank in sector
51/107
Sector
FO Hedge/Stru Prod - Equity
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.
1.25%
Fund size
£389m (£372m last year)
Top in this sector
Fund name1 Year
Stratton Street Japan Syn Warrant60.6%
Income Partners AllSeasnAsCred40.6%
MontLake ToscaMiCaUCITS37.3%
FundLogic MS DltnAsPfcUCITS31.3%
DNB ECO Abs Rt28.1%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • UK8.8%
    Germany6.4%
    France4.7%
    Denmark4.3%
    Netherlands2.4%
  • No data available.
  • International Equities85.2%
    French Equities11%
    Danish Equities4.5%
    Italian Equities3.7%
    Spanish Equities3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%2.8%1.9%3.2%--
Sector1%2%1.8%3.8%5.1%13.2%
Rank within sector74 / 12444 / 12554 / 12051 / 107--
Quartile3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.6%----
Sector1.6%-2%2.7%2.5%7.1%
Rank within sector53 / 123----
Quartile2nd
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 high103.49
52 week low99.53
Current bid price-
Current offer price-
Current mid price102.93
Region
1UK8.8%
2Germany6.4%
3France4.7%
4Denmark4.3%
5Netherlands2.4%
6Switzerland2.3%
7Italy2.2%
8Ireland1.6%
9Spain-0.4%
Industry sector
No data available.
Asset type
1International Equities85.2%
2French Equities11%
3Danish Equities4.5%
4Italian Equities3.7%
5Spanish Equities3%
6Finnish Equities2%
7US Equities2%
8Dutch Equities1.5%
9Norwegian Equities1.3%
Individual holdings
1SAP SE3.2%
2AP MOLLER-MAERSK A/S2.4%
3PANDORA AS2.3%
4WPP PLC2.1%
5ZURICH INSURANCE GROUP LTD2.1%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
The investment objective of the Fund is to seek long-term capital growth.
Benchmark
  • No Specified Index
Investment style
Concentrated,Long/Short
Investment method
Equity
Fund manager
NameSinceBiography
Leopold Arminjon27/09/2015John Bennett has a 28-year track record of managing European equities. He joined Henderson as a Director of European Equities in April 2011, as part of the Gartmore acquisition. John manages a number of Continental and Pan European funds as well as European long/short funds. John joined Gartmore in 2010 from GAM where he spent 17 years as a fund manager. During this time he managed their flagship European long only and European equity long/short hedge fund, which was launched in June 1998. Prior to GAM, John was a fund manager at Ivory and Sime and has been a Member of the Chartered Institute of Bankers in Scotland since 1987.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Offshore
Lazard European Alternative Hedged Inst EA Acc CHF
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQII
Lazard European Alternative Hedged Inst EA Acc GBP
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQIK
Lazard European Alternative Hedged Inst EA Acc USD
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price104.7443
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMSZP
Lazard European Alternative Hedged Inst EA Dis CHF
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIJ
Lazard European Alternative Hedged Inst EA Dis GBP
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIL
Lazard European Alternative Hedged Inst EA Dis USD
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIM
Lazard European Alternative Hedged Management Acc USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price104.7215
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMSUC
Lazard European Alternative Inst Acc EUR
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price101.261
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMSUB
Lazard European Alternative Inst Acc GBP
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQIV
Lazard European Alternative Inst Acc USD
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price94.0107
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN3ZM
Lazard European Alternative Inst Dis EUR
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIE
Lazard European Alternative Inst Dis GBP
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIW
Lazard European Alternative Inst Dis USD
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIZ
Lazard European Alternative Inst EA Acc EUR
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price103.0756
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMSZO
Lazard European Alternative Inst EA Acc GBP
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQIN
Lazard European Alternative Inst EA Acc USD
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQIP
Lazard European Alternative Inst EA Dis EUR
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIF
Lazard European Alternative Inst EA Dis GBP
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIO
Lazard European Alternative Inst EA Dis USD
Initial charge3%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIQ
Lazard European Alternative Inst Hedged Acc CHF
Initial charge3%
Annual charge1%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQIU
Lazard European Alternative Inst Hedged Acc GBP
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQIR
Lazard European Alternative Inst Hedged Acc USD
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price102.9292
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4RK
Lazard European Alternative Inst Hedged Dis GBP
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIS
Lazard European Alternative Inst Hedged Dis USD
Initial charge3%
Annual charge1%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNQIT
Lazard European Alternative Inst Hedged LP Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.5659
CurrencyGBP
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNFXM
Lazard European Alternative Inst Hedged LP Acc USD
Initial charge3%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.1077
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE49M
Lazard European Alternative Inst LP Acc EUR
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.4834
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMVVX
Lazard European Alternative Inst LP Dis EUR
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.8642
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMZSM
Lazard European Alternative Ret P Acc EUR
Initial charge7%
Annual charge2.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQIH
Lazard European Alternative Ret P Dis EUR
Initial charge-
Annual charge2.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.5531
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2QF
Lazard European Alternative Retail Acc EUR
Initial charge-
Annual charge1.75%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.9719
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNO4Q
Lazard European Alternative Retail Acc GBP
Initial charge-
Annual charge2%
Min single investment£2,500
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 codeNQIX
Lazard European Alternative Retail Acc USD
Initial charge-
Annual charge2%
Min single investment£2,500
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 codeNQJ0
Lazard European Alternative Retail Dis EUR
Initial charge-
Annual charge2%
Min single investment£2,500
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 codeNQIG
Lazard European Alternative X Hedged Acc USD
Initial charge3%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQIY
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.