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
The Fund seeks to achieve long-term capital appreciation by investing primarily in a diversified portfolio of companies whose shares trade at a discount to the underlying net asset value. The Fund may also sell short stock indices, stocks, and shares of exchange-traded funds or closedend funds, not exceeding 100% of the Fund’s net assets.
Benchmark
MSCI All Country World Index
Investment style
-
Investment method
-

Performance snapshot

Quick stats

1 Year return

42.3 %

1 Year rank in sector

5/23

Sector

IT Global

Yield

2.8898

Fund size

£ 128.4 m

FE Risk score

103

NAV

383.6

Discount/Premium

+-12.0177

Gearing

100

Top in sector

Holdings snapshot

  • Asia Pacific ex Japan
    41.1%
  • North America
    16.5%
  • Europe ex UK
    16.1%
  • Japan
    11.5%
  • UK
    7.2%
  • Asia Pacific ex Japan Equities
    41.1%
  • North American Equities
    16.5%
  • Europe ex UK Equities
    16.1%
  • Japanese Equities
    11.5%
  • International Equities
    7.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.2 %16.81 %42.3 %62.53 %98.95 %
Sector3.54 %15.23 %36.52 %53.78 %106.87 %
Rank within sector16 / 2310 / 235 / 2310 / 2320 / 23
Quartile th3 rd2 nd1 st2 nd4 th

Calendar performance

YTD-20172016201520142013
Fund15.04 %20.38 %4.24 %7.54 %16.49 %
Sector10.9 %21.14 %6.78 %7.37 %20.98 %
Rank within sector7 / 2311 / 2316 / 2314 / 2322 / 23
Quartile th2 nd2 nd3 rd3 rd4 th

Risk statistics

Alpha2.4
Beta1.05
Sharpe1.15
Volatility12.13
Tracking error8.33
Information ratio0.32
R-Squared0.51

Price movement

52 week high339.625
52 week low238.75
Current bid price336.25
Current offer price338.75
Current mid price337.5

Holdings by region

  • 41.1% Asia Pacific ex Japan
  • 16.5% North America
  • 16.1% Europe ex UK
  • 11.5% Japan
  • 7.2% UK
  • 4.2% International
  • 3.4% Others

Holdings by sector

-

Holdings by asset type

  • 41.1% Asia Pacific ex Japan Equities
  • 16.5% North American Equities
  • 16.1% Europe ex UK Equities
  • 11.5% Japanese Equities
  • 7.6% International Equities
  • 7.2% UK Equities

Individual holdings

  • 7.2% NASPERS
  • 6.5% HARBOURVEST GLOBAL PRIVATE EQUITY ORD
  • 5.9% FIDELITY CHINA SPECIAL SITUATIONS
  • 4.6% JP MORGAN JAPANESE INVESTMENT TRUST
  • 4.5% FIRST PACIFIC CO
  • 4.4% JPMORGAN EMERGING MARKETS EQUITY INST
  • 4.4% JPMORGAN JAPAN SMALLER COMPANIES
  • 4.4% VINACAPITAL VIETNAM OPPORTNTY FD LT
  • 4.3% JARDINE STRATEGIC HLDGS
  • 4.1% BLACKROCK RES & COMMDITIES STRGY TR