Fact sheet: Lazard World Trust

Fund information

Fund name
Lazard World Trust GBP
Fund company manager
Lazard Feres
Fund type
ITR
Fund manager
Lazard Asset Management LLC
since 01/07/1991
Fund objective
Lazard World Trust Fund (the ‘Fund’) seeks to achieve long-term capital appreciation by investing primarily in companies whose shares trade at a discount to their underlying Net Asset Value. The Fund measures its performance principally against the MSCI All Countries World (ex US) Index, although Lazard Asset Management LLC (the ‘Manager’) seeks to achieve the highest possible risk-adjusted returns. The allocation of the Fund’s assets will normally diverge substantially from the Index.
Benchmark
MSCI All Country World Index ex USA
Investment style
-
Investment method
-

Performance snapshot

Quick stats

1 Year return

29.12 %

1 Year rank in sector

5/23

Sector

IT Global

Yield

2.364

Fund size
-
FE Risk score

116

NAV

389.6

Discount/Premium

+-5.865

Gearing

100

Top in sector

Holdings snapshot

  • Asia Pacific ex Japan
    39.3%
  • Europe ex UK
    21.1%
  • Japan
    12.9%
  • North America
    12.7%
  • UK
    7.6%
  • Asia Pacific ex Japan Equities
    39.3%
  • Europe ex UK Equities
    21.1%
  • Japanese Equities
    12.9%
  • North American Equities
    12.7%
  • UK Equities
    7.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.97 %11.13 %29.12 %71.74 %109.07 %
Sector-0.27 %7.1 %21.76 %51.99 %98.97 %
Rank within sector1 / 234 / 235 / 235 / 2313 / 23
Quartile th1 st1 st1 st1 st3 rd

Calendar performance

YTD-20172016201520142013
Fund26.57 %20.38 %4.24 %7.54 %16.49 %
Sector14.84 %21.14 %6.78 %7.37 %20.98 %
Rank within sector4 / 2311 / 2316 / 2314 / 2322 / 23
Quartile th1 st2 nd3 rd3 rd4 th

Risk statistics

Alpha3.14
Beta1.07
Sharpe1.3
Volatility13
Tracking error9.14
Information ratio0.4
R-Squared0.49

Price movement

52 week high377.25
52 week low286.5
Current bid price363
Current offer price370.5
Current mid price366.75

Holdings by region

  • 39.3% Asia Pacific ex Japan
  • 21.1% Europe ex UK
  • 12.9% Japan
  • 12.7% North America
  • 7.6% UK
  • 4.1% International
  • 2.3% Others

Holdings by sector

-

Holdings by asset type

  • 39.3% Asia Pacific ex Japan Equities
  • 21.1% Europe ex UK Equities
  • 12.9% Japanese Equities
  • 12.7% North American Equities
  • 7.6% UK Equities
  • 6.4% International Equities

Individual holdings

  • 6.1% FIDELITY CHINA SPECIAL SITUATIONS
  • 6.1% NASPERS
  • 4.7% EURAZEO SE
  • 4.7% JP MORGAN JAPANESE INVESTMENT TRUST
  • 4.4% JPMORGAN EMERGING MARKETS EQUITY INST
  • 4.4% JPMORGAN JAPAN SMALLER COMPANIES
  • 4.4% VINACAPITAL VIETNAM OPPORTNTY FD LT
  • 4.1% FIRST PACIFIC CO
  • 4.1% FONDUL PROPRIETATEA SA
  • 3.7% JARDINE STRATEGIC HLDGS