Lazard Managed Balanced A Acc (FUND:B3DVTR0) - Fund price - Overview

Fund Report

Lazard Managed Balanced Fund A Acc (GBP)

Key Stats
Morningstar® CategoryGBP Aggressive Allocation
Manager NameAlan Custis
Inception Date03/11/2008
NAV 24/04/2017GBX 200.30
Day Change0.86%
12 Month Yield2.09%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/201634.25 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time12:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.88%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating



Sustainability Rating as of 28/02/2017


Fund Benchmark

50% FTSE AllSh TR GBP, 25% MSCI ACWI NR USD, 25% FTSE Gilts All Stocks TR GBP

Morningstar® Benchmark

Cat 25%Barclays Stlg Agg TR&75%FTSE Wld TR

Growth Of 10,000 (GBP) 31/03/2017

How has this security performed
  • Fund: Lazard Managed Balanced Fund A Acc (GBP)
  • Category: GBP Aggressive Allocation
  • Benchmark: Cat 25%Barclays Stlg Agg TR&75%FTSE Wld TR
Trailing Returns % (GBP) 24/04/2017
3 Years Annualised9.098.0613.70
5 Years Annualised10.038.8313.05
10 Years Annualised5.905.098.56

Morningstar SRRI

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

Investment Objective

The Fund aims to seek total return from a combination of income and capital growth. The Fund invests in shares of UK and global companies and fixed income securities issued by governments, corporations and bank deposits. The Fund takes relatively small positions in securities in order to have a portfolio that is diversified by security, region and asset class. The Fund has discretion as to which companies shares and fixed income securities it holds and will aim to outperform a blended benchmark comprising of 5% UK companies, 25% of global companies (ex UK) and 25% UK fixed income securities. Any distributions that are paid to you will normally be reinvested to buy further shares unless you have elected to receive payment in cash. You can sell your shares back to the Fund on any day normally treated as a business day in both Dublin and London."

Portfolio Profile31/12/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Stock Regions
United Kingdom60.80
United States26.25
Europe - ex Euro1.85

Top Sectors

Stock Sector%
Financial Services18.64
Consumer Defensive14.17
Consumer Cyclical13.70
Fixed Income Sector%
Corporate Bond50.24
Cash & Equivalents16.16
Government Related1.49
Asset Backed1.44
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseRoyal Dutch Shell PLC B Energy3.75
IncreaseBritish American Tobacco PLC Consumer Defensive3.18
IncreaseBP PLC Energy2.81
IncreaseHSBC Holdings PLC Financial Services2.09
IncreaseShire PLC Healthcare2.04
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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