Fact sheet: Lazard Gbl Mgd Vol

Fund information
Fund name
Lazard Global Managed Volatility Inst
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Susanne Willumsen and Teamsince 31/07/2014
Fund objective
To seek long-term capital growth through investment in an actively managed, long-only equity portfolio.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
2.9%
1 Year rank in sector
182/471
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.
0.92%
Fund size
£165m
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.
89
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq38.4%
Schroder ISF Gbl Rec34%
Dodge & Cox Gbl Stk32.2%
Dimensional Gbl Small Cos29.1%
GS Global SmCap Core Eq28.8%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America64.7%
    Asia Pacific ex Japan10.1%
    Continental Europe9.2%
    Japan8.1%
    UK5.3%
  • Consumer Staples15.8%
    Consumer Discretionary14.1%
    Health Care12.4%
    Financials12.3%
    Industrials10.2%
  • North American Equities64.7%
    Asia Pacific ex Japan Equities10.1%
    European Equities9.2%
    Japanese Equities8.1%
    UK Equities5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%-2.4%0.5%2.9%20.1%-
Sector0.6%0.5%4.8%3.3%14%53.6%
Rank within sector256 / 499391 / 496368 / 486182 / 471149 / 383-
Quartile3rd4th4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.7%1.6%12.9%20.3%9.5%
Sector5.4%0.7%6%21.3%12.7%
Rank within sector258 / 475206 / 42792 / 387217 / 338242 / 289
Quartile3rd2nd1st3rd4th
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.
2.18
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.
0.85
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.
0.29
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%.
9.46
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.
5.11
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.
0.28
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.
0.73
Price movement
52 week high166.75
52 week low141.66
Current bid price-
Current offer price-
Current mid price160.27
Region
1North America64.7%
2Asia Pacific ex Japan10.1%
3Continental Europe9.2%
4Japan8.1%
5UK5.3%
6Money Market1.5%
7Middle East1.1%
Industry sector
1Consumer Staples15.8%
2Consumer Discretionary14.1%
3Health Care12.4%
4Financials12.3%
5Industrials10.2%
6Information Technology9%
7Utilities8.9%
8Telecommunications Utilities5.8%
9Others5.3%
Asset type
1North American Equities64.7%
2Asia Pacific ex Japan Equities10.1%
3European Equities9.2%
4Japanese Equities8.1%
5UK Equities5.3%
6Money Market1.5%
7Middle East & African Equities1.1%
Individual holdings
1AT&T INC1.6%
2JOHNSON & JOHNSON1.6%
3AMERICAN ELECTRIC POWER CO INC1.5%
4CANADIAN IMPERIAL BANK OF COMMERCE1.5%
5PEPSICO INC1.5%
6SOUTHERN COMPANY1.5%
7SYSCO CORP1.5%
83M CO1.4%
9CSL1.4%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To seek long-term capital growth through investment in an actively managed, long-only equity portfolio.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Susanne Willumsen and Team31/07/2014
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Lazard Global Managed Volatility Inst
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price160.2692
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0PDG
Lazard Global Managed Volatility Inst Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.8273
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN0TK
Lazard Global Managed Volatility Inst Hedged Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.0988
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN7HK
Lazard Global Managed Volatility Inst Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.6223
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN54O
Lazard Global Managed Volatility Inst Inc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.7491
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN6YC
Data provided by

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