Fact sheet: Lazard Gbl Eq Sel

Fund information
Fund name
Lazard Global Equity Select Inst EA
Fund manager company
Lazard (IRL)
Fund type
No data available.
Fund manager
  • Andrew Laceysince 20/12/2012
Fund objective
To achieve long-term capital growth.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.8%
1 Year rank in sector
258/472
Sector
FO Equity - International
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.
1.73%
Fund size
£5m
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.
97
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq47.8%
Sanlam Prv Wlt Glbl HgQul39.5%
SKAGEN Focus35.4%
Veritas Global Equity Income35.2%
JOHCM Gbl Opps34.7%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America56.1%
    Continental Europe22.3%
    UK6.5%
    Japan5.5%
    Money Market3.4%
  • Information Technology23.3%
    Industrials18.4%
    Consumer Staples14.8%
    Health Care14.7%
    Financials13.8%
  • North American Equities56.1%
    European Equities22.3%
    UK Equities6.5%
    Japanese Equities5.5%
    Money Market3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%9.3%6.1%7.8%12.1%-
Sector-0.1%7.7%7.1%8.6%18.1%59.1%
Rank within sector309 / 494225 / 489261 / 484258 / 472262 / 375-
Quartile3rd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.1%0.1%1.7%21.7%-
Sector5%0.7%6%21.3%12.7%
Rank within sector264 / 478249 / 433289 / 390195 / 344-
Quartile3rd3rd3rd3rd
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.
-2.17
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.
1.11
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.
0.19
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%.
11.8
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.
4.62
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.
-0.33
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.
0.85
Price movement
52 week high128.98
52 week low109.24
Current bid price-
Current offer price-
Current mid price126.83
Region
1North America56.1%
2Continental Europe22.3%
3UK6.5%
4Japan5.5%
5Money Market3.4%
6Emerging Asia2.6%
7Middle East2%
8Asia Pacific ex Japan1%
9Africa0.6%
Industry sector
1Information Technology23.3%
2Industrials18.4%
3Consumer Staples14.8%
4Health Care14.7%
5Financials13.8%
6Consumer Discretionary5.4%
7Money Market3.4%
8Energy3.3%
9Materials2.9%
Asset type
1North American Equities56.1%
2European Equities22.3%
3UK Equities6.5%
4Japanese Equities5.5%
5Money Market3.4%
6Asia Pacific Emerging Equities2.6%
7Middle East & African Equities2.6%
8Asia Pacific ex Japan Equities1%
Individual holdings
1ALPHABET INC4.4%
2APPLE INC3.2%
3ANHEUSER-BUSCH INBEV SA/NV2.7%
4QUINTILES TRANSNATIONAL HLDGS INC2.7%
5SCHLUMBERGER2.4%
6ZOETIS INC2.3%
7MICROSOFT CORP2.2%
8SHIRE PLC2.2%
9ASSA ABLOY AB2.1%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
No data available.
Fund objective
To achieve long-term capital growth.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Andrew Lacey20/12/2012Andrew Lacey is Deputy Chairman of Lazard Asset Management responsible for oversight of the firm's U.S. and global strategies. He is also a Portfolio Manager/Analyst on various U.S. and global equity portfolio teams. Andrew began working in the investment field in 1995 when he joined Lazard as a member of Lazard's Global Research Platform. He has an MBA from Columbia University and a BA (Hons) from the College of Social Studies, Wesleyan University. Andrew is currently on the Board of Trustees of the Link Community School.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Lazard Global Equity Select Inst EA
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.8321
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3MQ
Lazard Global Equity Select Inst EA Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.2309
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK8K
Data provided by

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