Fact sheet: Lazard GbAct EmgMktEq

Fund information
Fund name
Lazard Global Active Emerging Market Equity Inst S Dis GBP
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund manager
  • James Donaldsince 23/03/2007
Fund objective
To achieve long-term capital appreciation through investment in a diversified portfolio of global equities with an emerging markets bias quoted or traded on the Regulated Markets for the Fund as set out in Appendix I, and in accordance with the restrictions set out in Appendix III to the Prospectus.
Benchmark
  • MSCI Emerging Markets Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
44.7%
1 Year rank in sector
10/262
Sector
FO Equity - Emerging Markets
Yield
1.2%
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.
1.08%
Fund size
£1,238m (£870m 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.
134
Top in this sector
Fund name1 Year
Charlemagne Magna Nw Frt61.4%
Jul Baer Mltistck Emerg Eq51.3%
GAM Star Nth of Sth EM Eq50.7%
JOHCM Gbl Emrg Mkts Opps49.6%
Hermes Gbl Emrg Mkts49.2%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Emerging Asia53.1%
    Latin America17.8%
    European Emerging Markets15.4%
    Africa9.5%
    Money Market4.2%
  • Financials30.3%
    Information Technology23.4%
    Telecommunications Utilities10.9%
    Energy8.2%
    Consumer Discretionary7.4%
  • Asia Pacific Emerging Equities53.1%
    American Emerging Equities17.8%
    European Emerging Equities15.4%
    Middle East & African Equities9.5%
    Money Market4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%-2.6%9.7%44.7%22.2%-
Sector2.4%4.1%14.6%25.4%3.3%18.2%
Rank within sector222 / 274261 / 274229 / 27010 / 26254 / 220-
Quartile4th4th4th1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5.5%43.6%-16.6%0.1%-
Sector12.5%10.7%-14.3%-1.4%-0.7%
Rank within sector250 / 2741 / 255183 / 23392 / 208-
Quartile4th1st4th2nd
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.
8.04
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.
1.03
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.
0.36
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%.
17.4
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.
10.12
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.
0.75
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.
0.66
Price movement
52 week high1.33
52 week low0.87
Current bid price-
Current offer price-
Current mid price1.26
Region
1Emerging Asia53.1%
2Latin America17.8%
3European Emerging Markets15.4%
4Africa9.5%
5Money Market4.2%
Industry sector
1Financials30.3%
2Information Technology23.4%
3Telecommunications Utilities10.9%
4Energy8.2%
5Consumer Discretionary7.4%
6Consumer Staples6.2%
7Industrials5.6%
8Money Market4.2%
9Materials3.1%
Asset type
1Asia Pacific Emerging Equities53.1%
2American Emerging Equities17.8%
3European Emerging Equities15.4%
4Middle East & African Equities9.5%
5Money Market4.2%
Individual holdings
1CHINA CONSTRUCTION BANK4.6%
2SAMSUNG ELECTRONICS CO4.4%
3TAIWAN SEMICONDUCTOR MANUFACTURING4%
4BANCO DO BRASIL3.5%
5TATA CONSULTANCY SERVICES3%
6TATA CONSULTANCY SERVICES3%
7SBERBANK OF RUSSIA2.8%
8BAIDU INC2.5%
9NETEASE INC2.4%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To achieve long-term capital appreciation through investment in a diversified portfolio of global equities with an emerging markets bias quoted or traded on the Regulated Markets for the Fund as set out in Appendix I, and in accordance with the restrictions set out in Appendix III to the Prospectus.
Benchmark
  • MSCI Emerging Markets Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
James Donald23/03/2007James Donald is a Portfolio Manager/Analyst on the Emerging Markets Equity team and Head of the Emerging Markets Group. He is also a member of the International Equity Select with Emerging Markets team. Since joining Lazard in 1996, James has been instrumental in developing and coordinating the emerging markets activities at Lazard. He began working in the investment field in 1983. Prior to joining Lazard, James was a Portfolio Manager with Mercury Asset Management. He has a BA (Hons) in history from the University of Western Ontario. James is a board member of EMpower, a charity of investment professionals focused on adolescents, health care, and women¿s issues in emerging markets countries, as well as a member of the 20-20 Investments Association, an investor group that is focused on emerging markets.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, United Kingdom, Ireland, Italy, Offshore, Singapore
Lazard Global Active Emerging Market Equity A Acc GBP
Initial charge3%
Annual charge1%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price119.7974
CurrencyGBP
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKZBL
Lazard Global Active Emerging Market Equity A Acc USD
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 price1.0055
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNV6L
Lazard Global Active Emerging Market Equity A Dis EUR
Initial charge3%
Annual charge1%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price113.9724
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YR5
Lazard Global Active Emerging Market Equity A USD
Initial charge3%
Annual charge1%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price118.9654
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeATB3
Lazard Global Active Emerging Market Equity Inst S Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.293
CurrencyGBP
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJPYR
Lazard Global Active Emerging Market Equity Inst S Dis GBP
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 price1.2558
CurrencyGBP
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJP4U
Lazard Global Active Emerging Market Equity Inst S Dis USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0475
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJP4V
Lazard Global Active Emerging Market Equity Inst S 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 price1.1005
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJKFZ
Lazard Global Active Emerging Market Equity Ret Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£500
Min regular saving£10
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price0.9216
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQPG
Data provided by

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