Fact sheet: Lazard Thematic Global

Fund information
Fund name
Lazard Thematic Global I USD
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Steve Wrefordsince 01/01/2010
  • Nicholas Brattsince 31/01/2005
  • Andrew Norrissince 31/01/2005
  • Irene Chengsince 31/01/2005
Fund objective
To achieve long-term capital growth by investing primarily in a diversified portfolio of established well managed companies located around the world whose securities are listed or traded Regulated Markets worldwide.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-0.5%
1 Year rank in sector
291/471
Sector
FO Equity - International
Yield
0.3%
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.
1.17%
Fund size
£148m
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.
98
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq40%
Schroder ISF Gbl Rec32.9%
Dodge & Cox Gbl Stk31.6%
Dimensional Gbl Small Cos26.9%
SKAGEN Focus26.5%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA59.7%
    UK6.5%
    Others6.3%
    Japan5.3%
    Money Market5.1%
  • Information Technology18.6%
    Health Care17.2%
    Consumer Staples12.1%
    Industrials8.4%
    Energy8.3%
  • US Equities59.7%
    UK Equities6.5%
    International Equities6.3%
    Japanese Equities5.3%
    Money Market5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%-4.2%-0.1%-0.5%1.8%27%
Sector0.3%-0.2%4.2%2.3%13.7%52.3%
Rank within sector287 / 500414 / 496369 / 486291 / 471319 / 383270 / 287
Quartile3rd4th4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.9%-5.7%3.5%17.8%12.1%
Sector4.9%0.7%6%21.3%12.7%
Rank within sector300 / 475384 / 427250 / 387265 / 338185 / 289
Quartile3rd4th3rd4th3rd
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.
-4.16
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.
1.13
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
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%.
11.56
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.
4.43
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.
-0.84
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.
0.86
Price movement
52 week high186.4
52 week low153.34
Current bid price-
Current offer price-
Current mid price176.43
Region
1USA59.7%
2UK6.5%
3Others6.3%
4Japan5.3%
5Money Market5.1%
6Hong Kong4.1%
7France3.4%
8China2.9%
9Switzerland2.5%
Industry sector
1Information Technology18.6%
2Health Care17.2%
3Consumer Staples12.1%
4Industrials8.4%
5Energy8.3%
6Financials7.9%
7Materials7.6%
8Utilities5.5%
9Money Market5.1%
Asset type
1US Equities59.7%
2UK Equities6.5%
3International Equities6.3%
4Japanese Equities5.3%
5Money Market5.1%
6Hong Kong Equities4.1%
7French Equities3.4%
8Chinese Equities2.9%
9Swiss Equities2.5%
Individual holdings
1MICROSOFT CORP1.8%
2VISA INC1.7%
3AIA GROUP LTD1.6%
4AIR LIQUIDE INTERNATIONAL SA1.5%
5ALPHABET INC1.5%
6APPLE INC1.5%
7QUINTILES IMS HLDGS INC1.5%
8AON PLC1.4%
9HONG KONG & CHINA GAS CO1.4%
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
To achieve long-term capital growth by investing primarily in a diversified portfolio of established well managed companies located around the world whose securities are listed or traded Regulated Markets worldwide.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Steve Wreford01/01/2010Steve Wreford is a Portfolio Manager/Analyst on the Global Thematic Equity team. He began working in the investment field in 1995. Prior to joining Lazard in 2010, Steve was a Partner and Portfolio Manager with Hampstead Capital. Previously he was a Portfolio Manager with Scudder/Deutsche Asset Management, Equity Research Analyst with CCF Charterhouse, and Chartered Accountant with KPMG. He has a BSc (Hons) in Computer Science from Aston University.
Nicholas Bratt31/01/2005Nicholas Bratt is a Portfolio Manager/Analyst on the Global Thematic Equity team. He began working in the investment field in 1973. Prior to joining Lazard in 2003, Nick was a Director of Global Products, Head of International Portfolio Management, Head of the Global Equity Group and Global Chief Investment Officer with Scudder/Deutsche Asset Management. He has an MIA from Columbia University (Fulbright scholarship) and a BA in Politics, Philosophy and Economics from St. John's College, Oxford University. Nick is a Director of the Korea Society and an Advisory Director of La Maison Française, as well as a member of Council on Foreign Relations.
Andrew Norris31/01/2005Andrew Norris is a Portfolio Manager/Analyst on the Global Thematic Equity team. He began working in the investment field in 1973. Prior to joining Lazard in 2003, Andrew was a Managing Director and Product Specialist with Scudder/Deutsche Asset Management, and Head of Global Equity Capital Markets, Head of Equity Syndicate and Head of the Middle East Office with Barings. Andrew has studied at Edinburgh University, and at the Middle East Centre for Arabic Studies in Lebanon.
Irene Cheng31/01/2005Irene T. Cheng is a Portfolio Manager/Analyst on the Global Thematic Equity team. She began working in the investment field in 1984. Prior to joining Lazard in 2003, Irene was a Managing Director with Scudder/Deutsche Asset Management. Previously she was with The Blackstone Group and Sanford Bernstein. She has an MBA from Harvard Business School, a BA in Chemistry from Harvard University, and an MS in Chemical Engineering from MIT.
Compliance
Transparent for Austrian Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Lazard Thematic Global I Acc USD
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price179.3004
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNEK0
Lazard Thematic Global I GBP
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price139.5546
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAVK2
Lazard Thematic Global I USD
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price176.4306
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAUI3
Data provided by

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