Fact sheet: Lazard GA Gbl Lst Inf Eq

Fund information
Fund name
Lazard Global Active Global Listed Infrastructure Equity Inst Hedged EUR
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Bertrand Cliquetsince 31/03/2016
Fund objective
To achieve over the long-term total returns comprising income and capital appreciation.
Benchmark
  • FTSE Developed Core Infrastructure 50/50
Investment style
None
Investment method
Shares
Quick stats
1 Year return
6.6%
1 Year rank in sector
18/42
Sector
FO Equity - Other Specialist
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.
1.09%
Fund size
£1,054m
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.
83
Top in this sector
Fund name1 Year
Fidelity Global Indus47.4%
Franklin Glbl List Inf29.9%
AMP Cap Gbl Lis Infr22.4%
Fidelity Gbl Csmr Inds18%
JB EF Luxury Brands16.2%
...more in FO Equity - Other Specialist

Performance snapshot

Holdings snapshot

  • Continental Europe47.1%
    North America30.4%
    Asia Pacific ex Japan11.7%
    Money Market7.6%
    UK3.2%
  • Industrials50.9%
    Utilities30.7%
    Consumer Services10.8%
    Money Market7.6%
  • European Equities47.1%
    North American Equities30.4%
    Asia Pacific ex Japan Equities11.7%
    Money Market7.6%
    UK Equities3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%-1%3.4%6.6%40.9%-
Sector-0.4%-3.7%1.3%3.6%12.1%36.5%
Rank within sector7 / 4312 / 4514 / 4418 / 424 / 38-
Quartile1st2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.7%9.6%18.2%26.1%-
Sector3.8%-1.9%8.4%11%10.7%
Rank within sector18 / 427 / 419 / 384 / 33-
Quartile2nd1st1st1st
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.
8.4
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.
0.69
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.
0.91
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%.
8.2
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.
6.1
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.
1.18
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.
0.58
Price movement
52 week high1.91
52 week low1.67
Current bid price-
Current offer price-
Current mid price1.89
Region
1Continental Europe47.1%
2North America30.4%
3Asia Pacific ex Japan11.7%
4Money Market7.6%
5UK3.2%
Industry sector
1Industrials50.9%
2Utilities30.7%
3Consumer Services10.8%
4Money Market7.6%
Asset type
1European Equities47.1%
2North American Equities30.4%
3Asia Pacific ex Japan Equities11.7%
4Money Market7.6%
5UK Equities3.2%
Individual holdings
1CSX CORP7.6%
2ATLANTIA SPA7.5%
3NORFOLK SOUTHERN CORP7.1%
4TERNA ENERGY SA6.5%
5SES SA6.1%
6EUTELSAT COMMUNICATIONS4.7%
7PG&E CORP4.5%
8ABERTIS INFRAESTRUCTURAS SA4.4%
9SNAM RETE GAS4.3%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To achieve over the long-term total returns comprising income and capital appreciation.
Benchmark
  • FTSE Developed Core Infrastructure 50/50
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Bertrand Cliquet31/03/2016Bertrand Cliquet, CFA Senior Vice President, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Bertrand Cliquet is a Portfolio Manager/Analyst with the Lazard Global Listed Infrastructure Team. Before joining the Firm in 2004, Bertrand worked for Goldman Sachs International as a Research Analyst. Earlier, he worked in the Mergers and Acquisitions group at Deutsche Bank, focusing on the utility and retail sectors. He also did an internship at Enskilda Securities in Paris, where he worked as an analyst covering the retail sector. Bertrand has been working in the investment field since 1999. He attained a business degree from HEC in Paris, with a major in Finance. Bertrand is fluent in both French and German.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Lazard Global Active Global Listed Infrastructure Equity Acc
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.5069
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9KD
Lazard Global Active Global Listed Infrastructure Equity GBP
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.3711
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0XXL
Lazard Global Active Global Listed Infrastructure Equity Inst Hedged Acc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3688
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMP3D
Lazard Global Active Global Listed Infrastructure Equity Inst Hedged EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.8888
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTUZ
Lazard Global Active Global Listed Infrastructure Equity Inst Hedged Inc EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.7442
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJGDV
Lazard Global Active Global Listed Infrastructure Equity Inst Hedged Inc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2.3547
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM3IO
Lazard Global Active Global Listed Infrastructure Equity Inst Hedged USD
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2.3057
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJATN
Lazard Global Active Global Listed Infrastructure Equity Ret Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3346
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNNRF
Lazard Global Active Global Listed Infrastructure Equity Ret Hedged Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3383
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNL0G
Lazard Global Active Global Listed Infrastructure Equity Ret Hedged USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3356
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIYU
Lazard Global Active Global Listed Infrastructure Equity X Hedged JPY
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.4979
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMHFX
Data provided by

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