Fact sheet: Lazard Gbl Act Pan Er Eq

Fund information
Fund name
Lazard Global Active Pan European Equity EUR
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Paul Selvey Clintonsince 31/08/2014
  • Aaron Barnfathersince 01/03/2008
Fund objective
To achieve consistent long-term capital growth through investment in a diversified portfolio of European equities (including the UK) quoted or traded on Regulated Markets in the European Union, Norway, and Switzerland and in accordance with the restrictions.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-13.2%
1 Year rank in sector
204/227
Sector
FO Equity - Europe inc UK
Yield
0.6%
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.
2.2%
Fund size
£8m
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.
95
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European22.4%
GS Eur CORE Eq Portfolio17.5%
Mirabaud Eqts PanEur SmllMid16.2%
JOHCM European Sel Val13.7%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK17.8%
    France15.4%
    Netherlands15.3%
    Germany11.1%
    Others10.3%
  • Financials23.4%
    Consumer Staples16.4%
    Consumer Discretionary11.6%
    Industrials11.2%
    Health Care10.5%
  • UK Equities17.8%
    French Equities15.4%
    Dutch Equities15.3%
    German Equities11.1%
    International Equities10.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%-2.4%-4.5%-13.2%10.4%65.7%
Sector0.1%-1%-1.9%-8.3%10.8%57.7%
Rank within sector82 / 233166 / 234197 / 232204 / 227121 / 20078 / 175
Quartile2nd3rd4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-9.7%13.1%6.6%22.8%22.2%
Sector-5.2%11.1%4.2%21.1%17.6%
Rank within sector197 / 22881 / 21379 / 20081 / 18845 / 177
Quartile4th2nd2nd2nd2nd
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.
-0.3
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
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%.
12.66
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.
3.16
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.
-0.11
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.
0.94
Price movement
52 week high1.64
52 week low1.29
Current bid price-
Current offer price-
Current mid price1.4
Region
1UK17.8%
2France15.4%
3Netherlands15.3%
4Germany11.1%
5Others10.3%
6Switzerland9.2%
7Italy7%
8Ireland5%
9Belgium4.4%
Industry sector
1Financials23.4%
2Consumer Staples16.4%
3Consumer Discretionary11.6%
4Industrials11.2%
5Health Care10.5%
6Materials5.9%
7Information Technology5.7%
8Energy5.6%
9Telecommunications Utilities5.6%
Asset type
1UK Equities17.8%
2French Equities15.4%
3Dutch Equities15.3%
4German Equities11.1%
5International Equities10.3%
6Swiss Equities9.2%
7Italian Equities7%
8Irish Equities5%
9Belgian Equities4.4%
Individual holdings
1UNILEVER4.7%
2NOVARTIS AG4%
3AXA3.3%
4ROYAL DUTCH SHELL3.2%
5SAMPO CORP3.1%
6SAP SE3%
7ANHEUSER-BUSCH INBEV SA/NV2.7%
8FRESENIUS SE & CO KGAA2.6%
9CARLSBERG2.5%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To achieve consistent long-term capital growth through investment in a diversified portfolio of European equities (including the UK) quoted or traded on Regulated Markets in the European Union, Norway, and Switzerland and in accordance with the restrictions.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Paul Selvey Clinton31/08/2014Paul Selvey-Clinton is a Portfolio Manager/Analyst on the European Equity team. Prior to joining Lazard in 2014, Paul worked in a predominantly European focused fund at SAC Global Investors. Before this he was an Equity Analyst and Partner at Occitan Capital. Paul started his career in 2006 as an Equity Analyst at Brevan Howard Asset Management. Paul has a BA (Hons) in Geography from Keble College, Oxford University.
Aaron Barnfather01/03/2008Aaron Barnfather is a Portfolio Manager/Analyst and leads the portfolio management team in London who are responsible for the management of European equities. He began working in the investment field in 1994. Prior to joining Lazard in 2008, Aaron was a Senior Portfolio Manager and lead manager on Newton Investment Management’s pan-European portfolios, launching the Newton European Higher Income fund in 2007. Prior to Newton, he held positions at Royal & Sun Alliance Investment Management on the UK, International and European Equity teams. He has a BA in Business Studies from the University of East London and an MSc in Investment Analysis from Stirling University. Aaron is a member of the UK Society of Investment Professionals (UKSIP).
Compliance
Transparent for Austrian Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Ireland, Offshore
Lazard Global Active Pan European Equity EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price1.4037
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLZ65
Lazard Global Active Pan European Equity GBP
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.7567
CurrencyGBP
Price updated13/05/2012
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLZ47
Lazard Global Active Pan European Equity Inst Acc EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.1508
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJTLK
Lazard Global Active Pan European Equity Inst Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.8542
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM3IR
Lazard Global Active Pan European Equity Inst Inc EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0678
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK2SA
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.