Lazard Sterling High Quality Bd Retail (FUND:3121715) - Fund price - Overview

Fund Report

Lazard Sterling Global High Quality Bond B Dist GBP

Key Stats
Morningstar® CategoryGBP Diversified Bond
Manager NameThomas Hanson
Inception Date08/04/1994
NAV 21/06/2018GBP 129.38
Day Change0.13%
12 Month Yield1.48%
ISINIE0030989614
SEDOL
Dividend FrequencySemi-Annually
Net Assets (mil) 28/02/20181.90 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.48%
AMC1.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

High

High


Sustainability Rating as of 31/01/2018

Benchmarks

Fund Benchmark

Markit iBoxx GBP Overall TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 31/05/2018

How has this security performed
201320142015201620172018
Fund------0.89
Category-1.0710.790.229.023.08-0.47
Benchmark-2.6813.870.4710.802.640.30
  • Fund: Lazard Sterling Global High Quality Bond B Dist GBP
  • Category: GBP Diversified Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 21/06/2018
FundCatBmark
YTD-1.05-0.15-0.52
3 Years Annualised4.094.415.04
5 Years Annualised4.294.855.27
10 Years Annualised4.826.186.20

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objectives to achieve an attractive level of return from an actively managed portfolio of sterling denominated fixed income securities. The Fund will invest in the Regulated Markets of OECD countries with an investment grade rating with the aim of achieving greater total return than the iBoxx Sterling Overall Index (the “Index”). The Index comprises the market weighting of all sterling denominated investment grade UK gilts, sovereign and supranational and corporate bonds with more than one year to maturity. The fixed income securities that the Fund will invest in will be investment grade fixed and floating securities of the type comprised in the Index although certain fixed income securities invested in may have less than one year to maturity.

Portfolio Profile28/02/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds100.000.00100.00
Cash0.000.000.00
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond57.99
Government36.74
Government Related5.27
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioUnited Kingdom of Great Britain and Northern Ireland 4.75% SNR PIDI BDS 07/ 2030-12-07United Kingdom21.30
New since last portfolioUnited Kingdom of Great Britain and Northern Ireland 0.75% PIDI BDS 22/07/2 2023-07-22United Kingdom15.44
Santander UK PLC 3.875% SNR EMTN 15/10/2029 GBP (REGS) (B-1465) 2029-10-15United Kingdom5.98
New since last portfolioPetroleos Mexicanos 3.75% UNSUB MTN 16/11/2025 GBP (REGS) (6) 2025-11-16Mexico5.27
New since last portfolioBarclays PLC FXD-FRN SNR PIDI 06/10/2023 GBP (REGS) (236) 2023-10-06United Kingdom5.26
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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