Fact sheet: Lazard Gbl Lst Inf Eq

Fund information
Fund name
Lazard Global Listed Infrastructure Equity B Hedged Dist USD
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Bertrand Cliquetsince 01/04/2016
Fund objective
To achieve over the long-term total returns comprising income and capital appreciation.
Benchmark
  • FTSE Developed Core Infrastructure 50/50
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Equity - Other Specialist
Yield
1%
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.
1.96%
Fund size
£1,368m (£774m last year)
Top in this sector
Fund name1 Year
Fidelity Global Indus31.3%
JB EF Luxury Brands30%
Amundi Eqty Ind Infrast29.2%
Invesco Global Leisure26.7%
Fidelity Gbl Csmr Inds26.7%
...more in FO Equity - Other Specialist

Performance snapshot

Holdings snapshot

  • Continental Europe59.8%
    North America17%
    Asia Pacific ex Japan13.1%
    Money Market6.7%
    UK3.4%
  • Industrials47.1%
    Utilities37.1%
    Consumer Services9.1%
    Money Market6.7%
  • European Equities59.8%
    North American Equities17%
    Asia Pacific ex Japan Equities13.1%
    Money Market6.7%
    UK Equities3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.4%11.7%20.6%---
Sector2.5%7.3%8.9%13.8%21.4%39.8%
Rank within sector13 / 392 / 391 / 39---
Quartile2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund13.1%----
Sector10%4.9%-1.9%8.4%11%
Rank within sector11 / 39----
Quartile2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high11.93
52 week low9.8
Current bid price-
Current offer price-
Current mid price11.94
Region
1Continental Europe59.8%
2North America17%
3Asia Pacific ex Japan13.1%
4Money Market6.7%
5UK3.4%
Industry sector
1Industrials47.1%
2Utilities37.1%
3Consumer Services9.1%
4Money Market6.7%
Asset type
1European Equities59.8%
2North American Equities17%
3Asia Pacific ex Japan Equities13.1%
4Money Market6.7%
5UK Equities3.4%
Individual holdings
1ATLANTIA SPA7.9%
2ABERTIS INFRAESTRUCTURAS SA7.8%
3TERNA ENERGY SA7.8%
4VINCI SA7.7%
5SNAM SPA6.9%
6SES SA4.7%
7EUTELSAT COMMUNICATIONS4.4%
8NORFOLK SOUTHERN CORP4.4%
9TRANSURBAN GROUP4.4%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To achieve over the long-term total returns comprising income and capital appreciation.
Benchmark
  • FTSE Developed Core Infrastructure 50/50
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Bertrand Cliquet01/04/2016Bertrand Cliquet, CFA Senior Vice President, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Bertrand Cliquet is a Portfolio Manager/Analyst with the Lazard Global Listed Infrastructure Team. Before joining the Firm in 2004, Bertrand worked for Goldman Sachs International as a Research Analyst. Earlier, he worked in the Mergers and Acquisitions group at Deutsche Bank, focusing on the utility and retail sectors. He also did an internship at Enskilda Securities in Paris, where he worked as an analyst covering the retail sector. Bertrand has been working in the investment field since 1999. He attained a business degree from HEC in Paris, with a major in Finance. Bertrand is fluent in both French and German.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Spain, United Kingdom, Ireland, Italy, Offshore, Singapore
Lazard Global Listed Infrastructure Equity A Acc GBP
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price1.7596
CurrencyGBP
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9KD
Lazard Global Listed Infrastructure Equity A Dist GBP
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price1.5847
CurrencyGBP
Price updated27/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0XXL
Lazard Global Listed Infrastructure Equity A Hedged Acc EUR
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price2.1975
CurrencyEUR
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTUZ
Lazard Global Listed Infrastructure Equity A Hedged Acc USD
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price2.7015
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJATN
Lazard Global Listed Infrastructure Equity A Hedged Dist EUR
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price2.0084
CurrencyEUR
Price updated27/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJGDV
Lazard Global Listed Infrastructure Equity A Hedged Dist USD
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price2.731
CurrencyUSD
Price updated27/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM3IO
Lazard Global Listed Infrastructure Equity B Acc GBP
Initial charge-
Annual charge1.75%
Min single investment£500
Min regular saving£10
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price10.7362
CurrencyGBP
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNSW3
Lazard Global Listed Infrastructure Equity B Hedged Acc EUR
Initial charge-
Annual charge1.75%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.9846
CurrencyEUR
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNNRF
Lazard Global Listed Infrastructure Equity B Hedged Acc USD
Initial charge-
Annual charge1.75%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.0689
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNL0G
Lazard Global Listed Infrastructure Equity B Hedged Dist USD
Initial charge-
Annual charge1.75%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.9395
CurrencyUSD
Price updated27/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIYU
Lazard Global Listed Infrastructure Equity X Hedged Acc JPY
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.8011
CurrencyJPY
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMHFX
Data provided by

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