Fact sheet: Lazard Gbl Act Gbl HiQul Bd

Fund information
Fund name
Lazard Global Active Global High Quality Bond
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund manager
  • Yvette Klevansince 31/08/2003
Fund objective
To seek maximum total return from a combination of current income and capital appreciation
Benchmark
  • Bloomberg Barclays Capital Global Aggregate Bond
Investment style
Active
Investment method
None
Quick stats
1 Year return
0.3%
1 Year rank in sector
241/296
Sector
FO Fixed Int - Global
Yield
1.7%
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.
1.39%
Fund size
£18m
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.
69
Top in this sector
Fund name1 Year
Capital Group GHIOL32.5%
Dodge & Cox Global Bond27.4%
HSBC GIF Gbl AsBk Bd24.3%
Russell Gbl Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • No data available.
  • Government Bonds34.6%
    Government Agency Bonds20.6%
    Others17%
    Money Market9.7%
    Local Government Bonds4.6%
  • Global Fixed Interest90.3%
    Money Market9.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.7%-6.6%-3.6%0.3%-7.4%-7.4%
Sector-1.9%-2.1%0.9%2.9%5.6%14.2%
Rank within sector287 / 315290 / 313280 / 308241 / 296223 / 236158 / 169
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.7%-5.8%-2%-4.9%5.1%
Sector3.9%-1.6%3.7%-1.6%8.2%
Rank within sector260 / 300252 / 276218 / 237165 / 206118 / 171
Quartile4th4th4th4th3rd
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.
-3.95
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.
1.18
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%.
4.48
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.
3.33
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.
-1.08
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.
0.46
Price movement
52 week high128.44
52 week low117.43
Current bid price-
Current offer price-
Current mid price117.56
Region
No data available.
Industry sector
1Government Bonds34.6%
2Government Agency Bonds20.6%
3Others17%
4Money Market9.7%
5Local Government Bonds4.6%
6Communications3.8%
7Energy3.4%
8Non-Cyclical Consumer Goods3.4%
9Cyclical Consumer Goods2.9%
Asset type
1Global Fixed Interest90.3%
2Money Market9.7%
Individual holdings
1ASIAN DEVELOPMENT BANK 2.85% BDS 21/10/20 CNY5000002.4%
2FRANCE GOVERNMENT OAT 25/10/2023 3.22.2%
3BELGIUM KINGDOM 28/09/2022 3.42%
4NETHERLANDS GOVERNMENT 15/01/2023 3.02%
5NETHERLANDS GOVERNMENT 15/01/2033 2.4%2%
6POLAND GOVERNMENT BOND 3.6% 25/04/20182%
7UK TREASURY 07/12/2027 3.31.9%
8WESTERN AUST TREAS CORP 08/06/2016 3.01.9%
9PERU BONO SOBERANO 12/08/2020 7.11.8%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To seek maximum total return from a combination of current income and capital appreciation
Benchmark
  • Bloomberg Barclays Capital Global Aggregate Bond
Investment style
Active
Investment method
None
Fund manager
NameSinceBiography
Yvette Klevan31/08/2003Yvette Klevan is a Senior Vice-President and lead manager of Global Core Fixed Income at Lazard Asset Management. She started in the investment industry in 1982 and joined Lazard in 2002. She is co-manager of GGOF Global Diversified Fund.
Compliance
Transparent for Austrian Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Lazard Global Active Global High Quality Bond
Initial charge5%
Annual charge1%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price117.5609
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLG27
Lazard Global Active Global High Quality Bond I Hedged EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price90.8873
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeICMY
Lazard Global Active Global High Quality Bond Inst
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.9553
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNHD9
Data provided by

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