Lazard Sterling High Qual Bd A Inc GBP (FUND:B04NK04) - Fund price - Overview


Fund Report

Lazard Sterling High Quality Bond A Dist GBP

Key Stats
Morningstar® CategoryGBP Diversified Bond
Manager Name-
Inception Date01/12/2004
NAV 17/04/2019GBP 132.67
Day Change-0.12%
12 Month Yield1.61%
ISINIE00B04NK044
SEDOLB04NK04
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/20181.64 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.67%
AMC0.30%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx GBP Overall TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 31/03/2019

How has this security performed
201420152016201720182019
Fund12.18-1.1910.214.71-0.624.50
Category10.790.229.023.08-1.503.33
Benchmark13.870.4710.802.64-0.133.64
  • Fund: Lazard Sterling High Quality Bond A Dist GBP
  • Category: GBP Diversified Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 17/04/2019
FundCatBmark
YTD3.082.622.13
3 Years Annualised4.394.003.64
5 Years Annualised5.035.155.17
10 Years Annualised6.446.896.04

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 Profile31/12/2018

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 Bond59.57
Government40.43
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseUnited Kingdom of Great Britain and Northern Ireland 4.75% 2030-12-07United Kingdom16.72
United Kingdom of Great Britain and Northern Ireland 1.25% 2027-07-22United Kingdom9.22
Volkswagen International Finance N.V. 3.38% 2026-11-16Netherlands6.18
Prudential plc 5.62% 2051-10-20United Kingdom6.15
HSBC Holdings plc 2.26% 2026-11-13United Kingdom5.81
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) 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. See website for full details. 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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