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
  • John Mulquineysince 01/02/2017
  • Warryn Robertsonsince 01/02/2017
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
£1,443m (£791m last year)
Top in this sector
Fund name1 Year
JB EF Luxury Brands38.5%
Fidelity Global Indus37.3%
Amundi Eqty Ind Infrast33.8%
Fidelity Gbl Csmr Inds33.6%
Invesco Global Leisure31.9%
...more in FO Equity - Other Specialist

Performance snapshot

Holdings snapshot

  • Continental Europe58.5%
    North America16.5%
    Asia Pacific ex Japan12.8%
    Money Market9%
    UK3.2%
  • Industrials46.5%
    Utilities36%
    Money Market9%
    Consumer Services8.5%
  • European Equities58.5%
    North American Equities16.5%
    Asia Pacific ex Japan Equities12.8%
    Money Market9%
    UK Equities3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.6%11.2%24.1%---
Sector1.1%5.2%12.5%16.3%19.2%47.6%
Rank within sector5 / 413 / 412 / 39---
Quartile1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund16.2%----
Sector9.9%4.9%-1.9%8.4%11%
Rank within sector7 / 41----
Quartile1st
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 high12.26
52 week low9.8
Current bid price-
Current offer price-
Current mid price12.3
Region
1Continental Europe58.5%
2North America16.5%
3Asia Pacific ex Japan12.8%
4Money Market9%
5UK3.2%
Industry sector
1Industrials46.5%
2Utilities36%
3Money Market9%
4Consumer Services8.5%
Asset type
1European Equities58.5%
2North American Equities16.5%
3Asia Pacific ex Japan Equities12.8%
4Money Market9%
5UK Equities3.2%
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
John Mulquiney01/02/2017John Mulquiney is a Portfolio Manager/Analyst on the Global Listed Infrastructure and Global Equity Franchise teams. He has been working in the investment field since 1997. Prior to joining Lazard in August 2005, John worked at Tyndall Australia where he covered stocks in various sectors including financials, consumer discretionary, health care and materials. John was also in the Asset and Infrastructure Group at Macquarie Bank, where he undertook transactions and developed valuation models for airports, electricity generators, rail projects and health infrastructure. Most recently, John spent four years at Nanyang Ventures, an early expansion venture capital fund. John holds a PhD from the Australian National University, and a BA (Hons) from Sydney University. He is a CFA® charter holder.
Warryn Robertson01/02/2017Warryn Robertson is a Portfolio Manager/Analyst on the Global Listed Infrastructure, Global Equity Franchise and Australian Equity teams. He has been working in the investment field since 1992. Prior to joining Lazard in April 2001, Warryn was an Associate Director at Capital Partners. Previously, Warryn worked at PriceWaterhouseCoopers Corporate Finance. Warryn holds an MBA from the Melbourne Business School (Melbourne University) and a BCom, University of Canberra.
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 price1.8128
CurrencyGBP
Price updated22/05/2017
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 price1.6326
CurrencyGBP
Price updated22/05/2017
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 price2.2625
CurrencyEUR
Price updated22/05/2017
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 price2.7847
CurrencyUSD
Price updated22/05/2017
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 price2.0678
CurrencyEUR
Price updated22/05/2017
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 price2.8151
CurrencyUSD
Price updated22/05/2017
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 price11.0539
CurrencyGBP
Price updated22/05/2017
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 price12.3311
CurrencyEUR
Price updated22/05/2017
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 price12.4331
CurrencyUSD
Price updated22/05/2017
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 price12.2997
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIYU
Lazard Global Listed Infrastructure Equity Retail Dis GBP
Initial charge-
Annual charge1.75%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNWQQ
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 price137.9045
CurrencyJPY
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMHFX
Data provided by

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