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

Fund Report

Lazard Global Equity Income Fund A Inc

Key Stats
Morningstar® CategoryGlobal Equity Income
Manager Name-
Inception Date29/10/2007
NAV 25/05/2018GBP 1.09
Day Change0.12%
12 Month Yield5.34%
ISINGB00B24DPS10
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/01/2018129.87 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeNo
Ongoing Cost1.04%
AMC1.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

Below Average

Below Average


Sustainability Rating as of 31/03/2018

Benchmarks

Fund Benchmark

MSCI ACWI NR USD

Morningstar® Benchmark

MSCI World High Dividend Yield NR USD

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
201320142015201620172018
Fund16.154.19-11.2632.096.87-1.60
Category18.297.352.6225.758.84-3.06
Benchmark19.648.852.4030.367.91-4.17
  • Fund: Lazard Global Equity Income Fund A Inc
  • Category: Global Equity Income
  • Benchmark: MSCI World High Dividend Yield NR USD
Trailing Returns % (GBP) 25/05/2018
FundCatBmark
YTD-0.05-0.56-1.20
3 Years Annualised6.629.4710.61
5 Years Annualised5.658.519.01
10 Years Annualised7.057.508.55

Morningstar SRRI

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

Investment Objective

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 Profile31/01/2018

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Pfizer Inc Healthcare4.22
Agricultural Bank of China Ltd H Financial Services3.55
DecreaseTaiwan Semiconductor Manufacturing Co Ltd ADR Technology3.34
Royal Dutch Shell PLC B Energy3.33
Eaton Corp PLC Industrials3.26
Asset Allocation %
LongShortNet
Stocks100.000.00100.00
Bonds0.000.000.00
Cash0.000.000.00
Other0.000.000.00
Top Stock Regions
Region%
United States35.20
Asia - Emerging10.53
United Kingdom10.10
Eurozone9.88
Asia - Developed8.51
Top Stock Sectors
Stock Sector%
Financial Services24.14
Technology16.47
Energy10.02
Healthcare9.38
Basic Materials7.53
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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