Fact sheet: Lazard Japnse Stgc Eq

Fund information
Fund name
Lazard Japanese Strategic Equity Ret Hedged C Inc GBP
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund manager
  • Tim Griffensince 01/07/2006
Fund objective
To achieve long-term capital growth.
Benchmark
  • Topix
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
17.3%
1 Year rank in sector
22/109
Sector
FO Equity - Japan
Yield
0.4%
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.
1.24%
Fund size
£2,179m (£3,757m last year)
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.
186
Top in this sector
Fund name1 Year
Lindsell Train Japnse Eq30.6%
Pictet Japanese Equity Opp28.4%
Eastspring Inv JapFdVal27.2%
GAM Star Jap Eq26.8%
Old Mutual Japanese Eq25.2%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan97.9%
    Money Market2.1%
  • Financials28.4%
    Industrials27.3%
    Information Technology11.8%
    Consumer Discretionary9.8%
    Materials9.2%
  • Japanese Equities97.9%
    Money Market2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.8%-3.1%14.4%17.3%21.6%-
Sector-4.1%-1.1%5.9%12.3%35.4%81.5%
Rank within sector58 / 11780 / 1162 / 11422 / 10974 / 93-
Quartile2nd3rd1st1st4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.9%1.4%6.5%-0.4%-
Sector0.4%4.5%11.8%4.1%43.2%
Rank within sector63 / 11655 / 10590 / 9870 / 92-
Quartile3rd3rd4th4th
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.
-7.31
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.
1.47
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.
0.13
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%.
21.48
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.
10.97
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.
-0.34
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.
0.83
Price movement
52 week high137.44
52 week low91.24
Current bid price-
Current offer price-
Current mid price129.45
Region
1Japan97.9%
2Money Market2.1%
Industry sector
1Financials28.4%
2Industrials27.3%
3Information Technology11.8%
4Consumer Discretionary9.8%
5Materials9.2%
6Real Estate4.8%
7Utilities3.8%
8Health Care2.8%
9Money Market2.1%
Asset type
1Japanese Equities97.9%
2Money Market2.1%
Individual holdings
1TEL5%
2MAKITA CORP4.9%
3HITACHI4.6%
4JAFCO4.6%
5KOMATSU4.6%
6ORIX CORP4.3%
7MIZUHO FINANCIAL GROUP4.1%
8NOMURA CO4.1%
9ASAHI KASEI CORP3.9%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To achieve long-term capital growth.
Benchmark
  • Topix
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Tim Griffen01/07/2006Timothy S. Griffen is a Managing Director and a Portfolio Manager/Analyst at Lazard Japan Asset Management K.K. and leads the Japanese Equity team in Tokyo. He began working in the investment field in 1986. Prior to joining Lazard in 2005, Tim held several positions at Deutsche Trust Bank and Scudder Investments Japan, most recently as Chief Investment Officer. Previously, he was a Partner and Regional Specialist at Draycott Partners. He has a BA in Business/East Asian Studies from Wittenberg University, and received an Advance Japanese Language Degree from Waseda University. He also has an MBA in International Finance from the University of South Carolina. Tim speaks fluent Japanese.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Ireland, Offshore, Singapore
Lazard Japanese Strategic Equity Inst
Initial charge3%
Annual charge0.85%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price122.1277
CurrencyJPY
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJE5G
Lazard Japanese Strategic Equity Inst Hedged USD
Initial charge3%
Annual charge0.85%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price96.4426
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMBIN
Lazard Japanese Strategic Equity Ret Hedged C Inc GBP
Initial charge3%
Annual charge0.85%
Min single investment£500
Min regular saving£10
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price129.4488
CurrencyGBP
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJFCW
Data provided by

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