Lazard Global Equity Income Instl Inc (FUND:B24DPS1) - Overview

Fund Report

Lazard Global Equity Income Fund Institutional Inc

Key Stats
Morningstar® CategoryGlobal Equity Income
Manager Name-
Inception Date29/10/2007
NAV 26/10/2016GBX 107.50
Day Change-0.46%
12 Month Yield4.83%
Dividend FrequencyQuarterly
Net Assets (mil) 30/06/2016269.94 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeNo
Fund Ongoing Charge1.08%
Fund Rebate-

Morningstar Rating™



Fund Benchmark


Morningstar® Benchmark

MSCI World High Dividend Yield NR USD

Morningstar Analyst Rating™ *


Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: Lazard Global Equity Income Fund Institutional Inc
  • Category: Global Equity Income
  • Benchmark: MSCI World High Dividend Yield NR USD
Trailing Returns % (GBP) 26/10/2016
3 Years Annualised6.0011.2812.53
5 Years Annualised10.2612.6513.72
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

"Lazard Global Equity Income Fund (the ""Fund"") seeks to achieve both long term capital growth and dividend income by investing in securities of companies based around the globe, including in the emerging world. The Fund aims to outperform the MSCI All Country World Index and invests primarily in equities of large, medium and small capitalisation companies.The Fund invests mainly in shares of companies which sell for low prices relative to the financial strength of the companies (i.e. are undervalued) and can be readily bought and sold in the markets.Income and profits, if any, attributable to your shares will not be paid out as a dividend, but will be accumulated in the Fund on your behalf and reflected in an increase in the value of your shares.You can sell your shares back to the Fund on any day normally treated as a business day in United Kingdom.Recommendation: This Fund may not be appropriate for investors who plan to withdraw their money within the short to medium term."

Portfolio Profile30/06/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Top Holdings
IncreaseDecreaseNew since last portfolio
Cisco Systems Inc Technology4.00
Taiwan Semiconductor Manufacturing Co Ltd ADR Technology3.94
DecreasePfizer Inc Healthcare3.90
PacWest Bancorp Financial Services3.90
Telenor ASA Communication Services3.78
Asset Allocation %
Top Stock Regions
United States44.50
Asia - Emerging9.38
Asia - Developed7.14
United Kingdom5.74
Top Stock Sectors
Stock Sector%
Financial Services23.09
Communication Services12.25
Real Estate10.07
Consumer Cyclical9.62
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 Trafford House, Chester Road, Manchester M32 0RS. 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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