Lazard Managed Balanced Instl Acc (FUND:B3DVTR0) - Overview

Fund Report

Lazard Managed Balanced Institutional Acc

Key Stats
Morningstar® CategoryGBP Aggressive Allocation
Manager NameAlan Custis
Inception Date03/11/2008
NAV 21/10/2016GBX 192.80
Day Change0.31%
12 Month Yield2.38%
Dividend FrequencySemi-Annually
Net Assets (mil) 30/06/201625.26 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 Charge0.98%
Fund Rebate-

Morningstar Rating™

4 Stars


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) 30/09/2016

How has this security performed
  • Fund: Lazard Managed Balanced Institutional Acc
  • Category: GBP Aggressive Allocation
  • Benchmark: Cat 25%Barclays Stlg Agg TR&75%FTSE Wld TR
Trailing Returns % (GBP) 21/10/2016
3 Years Annualised8.307.4012.64
5 Years Annualised11.149.6713.43
10 Years Annualised5.995.468.68

Morningstar SRRI

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

Investment Objective

"Lazard Managed Balanced Fund (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 Profile30/06/2016

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 Kingdom63.34
United States21.98
Europe - ex Euro2.70

Top Sectors

Stock Sector%
Consumer Defensive17.26
Financial Services13.91
Consumer Cyclical11.59
Fixed Income Sector%
Corporate Bond52.03
Cash & Equivalents15.01
Top Holdings
IncreaseDecreaseNew since last portfolio
Royal Dutch Shell PLC B Energy4.64
British American Tobacco PLC Consumer Defensive3.52
United Kingdom (Government Of) 4.25% 2046-12-07Not Classified2.54
United Kingdom (Government Of) 4.25% 2032-06-07Not Classified2.22
BP PLC Energy2.19
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