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

Fund Report

Lazard Managed Balanced Fund A Acc

Key Stats
Morningstar® CategoryGBP Moderately Adventurous Allocation
Manager NameAlan Custis
Inception Date03/11/2008
NAV 22/06/2018GBP 2.23
Day Change-0.29%
12 Month Yield1.95%
Dividend FrequencySemi-Annually
Net Assets (mil) 28/02/201835.16 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
Ongoing Cost0.88%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating



Sustainability Rating as of 30/04/2018


Fund Benchmark

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

Morningstar® Benchmark

Morningstar UK Moderately Adventurous

Growth Of 10,000 (GBP) 31/05/2018

How has this security performed
  • Fund: Lazard Managed Balanced Fund A Acc
  • Category: GBP Moderately Adventurous Allocation
  • Benchmark: Morningstar UK Moderately Adventurous
Trailing Returns % (GBP) 22/06/2018
3 Years Annualised9.187.3010.24
5 Years Annualised9.637.769.69
10 Years Annualised7.876.548.84

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 Profile28/02/2018

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 Kingdom50.42
United States29.95
Asia - Emerging2.26

Top Sectors

Stock Sector%
Financial Services24.35
Consumer Cyclical12.68
Consumer Defensive11.71
Fixed Income Sector%
Corporate Bond71.39
Cash & Equivalents5.16
Government Related3.68
Top Holdings
IncreaseDecreaseNew since last portfolio
Royal Dutch Shell PLC B Energy2.91
DecreaseBritish American Tobacco PLC Consumer Defensive2.69
DecreaseBP PLC Energy2.40
United Kingdom (Government Of) 0.5% 2022-07-22Not Classified2.23
DecreaseUnilever PLC Consumer Defensive1.91
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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