Fact sheet: Lazard US Fun Alt

Fund information
Fund name
Lazard US Fundamental Alternative EA Hedged Acc EUR
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund managers
  • Jerry Liusince 01/01/2011
  • Dmitri Batsevsince 01/01/2011
Fund objective
The investment objective of the Fund is to seek long-term capital growth.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
-2.6%
1 Year rank in sector
92/115
Sector
FO Hedge/Stru Prod - Equity
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.
0.85%
Fund size
£0m
Top in this sector
Fund name1 Year
Stratton Street Japan Syn Warrant85.4%
Income Partners AllSeasnAsCred36.6%
Candriam GFUS Eq Opp33.7%
MontLake ToscaMiCaUCITS33.2%
FundLogic MS DltnAsPfcUCITS22.4%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%1.8%1.7%-2.6%--
Sector-0.2%1.4%1.3%2.6%4.4%11.6%
Rank within sector44 / 13558 / 13452 / 13192 / 115--
Quartile2nd2nd2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.5%----
Sector1.5%-2%2.7%2.5%7.1%
Rank within sector41 / 134----
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 high99.94
52 week low93.6
Current bid price-
Current offer price-
Current mid price97.03
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Lazard
Fund manager company
Lazard (IRL)
Fund type
OEIC
Fund objective
The investment objective of the Fund is to seek long-term capital growth.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Equity
Fund managers
NameSinceBiography
Jerry Liu01/01/2011Jerry Liu is a Managing Director and Portfolio Manager/Analyst on the Fundamental Long/Short Equity team. He began working in the investment field in 1996. Prior to joining Lazard in 2001, he worked for CIBC Oppenheimer. Jerry has an MBA from Columbia University Business School, and a BS from the Wharton School of Business, University of Pennsylvania. He is a member of the New York Society of Security Analysts (NYSSA) and speaks Mandarin Chinese.
Dmitri Batsev01/01/2011Dmitri Batsev is a Managing Director and Portfolio Manager/Analyst on the Fundamental Long/Short team. He began working in the investment field upon joining the Firm in 2002. Dmitri has an MBA and a BBA from the University of Alaska Fairbanks. He speaks fluent Russian.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, United Kingdom, Ireland, Italy, Luxembourg, Offshore
Lazard US Fundamental Alternative C Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£25,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.1735
CurrencyUSD
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4RZ
Lazard US Fundamental Alternative EA Acc EUR
Initial charge3%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYJH
Lazard US Fundamental Alternative EA Acc USD
Initial charge3%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.4578
CurrencyUSD
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4RY
Lazard US Fundamental Alternative EA Hedged Acc EUR
Initial charge3%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price97.0252
CurrencyEUR
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMY1C
Lazard US Fundamental Alternative M Acc USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.0436
CurrencyUSD
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4RX
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.