Fact sheet: Lazard GbAct EmgMktEq

Fund information
Fund name
Lazard Global Active Emerging Market Equity Inst USD
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.
Benchmark
  • MSCI Emerging Markets
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
37.7%
1 Year rank in sector
52/256
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.
1.24%
Fund size
£941m (£761m 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.
137
Top in this sector
Fund name1 Year
LYXOR Pan Africa UCITS ETF68.9%
Pimco RAEFdmntl+EmgMkt65.6%
GAM Star Nth of Sth EM Eq64.5%
Charlemagne Magna New Frontrs63.8%
HSBC GIFEconScaleIxGEMEq63.1%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Emerging Asia55.2%
    European Emerging Markets16.5%
    Latin America15.8%
    Africa9.3%
    Money Market3.2%
  • Financials31.1%
    Information Technology23.8%
    Telecommunications Utilities10.5%
    Energy8.2%
    Consumer Discretionary7.6%
  • Asia Pacific Emerging Equities55.2%
    European Emerging Equities16.5%
    American Emerging Equities15.8%
    Middle East & African Equities9.3%
    Money Market3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.8%0.5%5.8%37.7%-5.3%6%
Sector3.7%-0.3%4%25%-2%5.1%
Rank within sector90 / 263103 / 26987 / 26652 / 256143 / 208102 / 158
Quartile2nd2nd2nd1st3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.7%20.4%-21.2%-5.8%-1.3%
Sector3.2%10.7%-14.3%-1.4%-0.7%
Rank within sector184 / 26347 / 256217 / 233181 / 20891 / 183
Quartile3rd1st4th4th2nd
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.
-0.54
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.
1.23
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.
-0.01
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%.
17.89
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.
6.71
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.
-0.22
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.
0.89
Price movement
52 week high111.66
52 week low78.81
Current bid price-
Current offer price-
Current mid price108.74
Region
1Emerging Asia55.2%
2European Emerging Markets16.5%
3Latin America15.8%
4Africa9.3%
5Money Market3.2%
Industry sector
1Financials31.1%
2Information Technology23.8%
3Telecommunications Utilities10.5%
4Energy8.2%
5Consumer Discretionary7.6%
6Consumer Staples6.1%
7Industrials5%
8Materials3.9%
9Money Market3.2%
Asset type
1Asia Pacific Emerging Equities55.2%
2European Emerging Equities16.5%
3American Emerging Equities15.8%
4Middle East & African Equities9.3%
5Money Market3.2%
Individual holdings
1CHINA CONSTRUCTION BANK4.8%
2TAIWAN SEMICONDUCTOR MANUFACTURING4.8%
3SBERBANK OF RUSSIA4%
4SAMSUNG ELECTRONICS CO3.9%
5BANCO DO BRASIL3.3%
6NETEASE INC2.9%
7TATA CONSULTANCY SERVICES2.9%
8TATA CONSULTANCY SERVICES2.9%
9CHINA MOBILE LTD2.7%
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.
Benchmark
  • MSCI Emerging Markets
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, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore, Singapore
Lazard Global Active Emerging Market Equity Inst Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.8376
CurrencyGBP
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKZBL
Lazard Global Active Emerging Market Equity Inst Dis EUR
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.2989
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YR5
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)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2601
CurrencyGBP
Price updated13/01/2017
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)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2273
CurrencyGBP
Price updated13/01/2017
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)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9576
CurrencyUSD
Price updated13/01/2017
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)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0034
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJKFZ
Lazard Global Active Emerging Market Equity Inst USD
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.7443
CurrencyUSD
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeATB3
Lazard Global Active Emerging Market Equity Ret Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.8423
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQPG
Data provided by

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