Lazard EM Local Debt Instl GBP Hgd (FUND:B4MTJV6) - Overview

Fund Report

Lazard Emerging Markets Local Debt Fund Insitutioanll GBP Hedged

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date26/09/2011
NAV 01/12/2016GBP 72.28
Day Change-1.01%
12 Month Yield5.14%
ISINIE00B4MTJV66
SEDOLB4MTJV6
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/2016308.84 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment325,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.11%
AMC0.75%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

JPM GBI-EM Global Diversified TR USD

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund15.71-8.69-5.63-15.915.66
  • Fund: Lazard Emerging Markets Local Debt Fund Insitutioanll GBP Hedged
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 01/12/2016
Fund
YTD4.60
3 Years Annualised-6.21
5 Years Annualised-2.98
10 Years Annualised-

Morningstar SRRI

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

Investment Objective

The investment objective of the Fund is to maximise total return from income and capital growth. In pursuit of its investment objective, the Fund will build and maintain a diversified portfolio consisting of fixed and/or floating rate Investment Grade and Non-Investment Grade bonds and other Fixed Income Securities, which are issued by Emerging Market Companies or which are issued or guaranteed by governments, government agencies or supranational bodies of Emerging Market Countries. These securities will primarily be denominated in local currencies although the Fund may invest on an ancillary basis in such securities where denominated in US Dollars or denominated in the currencies of other OECD countries.

Portfolio Profile31/08/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.920.000.92
Bonds92.550.0092.55
Cash2.310.002.31
Other4.220.004.22
Top Fixed Income Sectors
Fixed Income Sector%
Government96.48
Cash & Equivalents2.50
Corporate Bond1.02
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Sth Africa(Rep Of) 7.75% 2023-02-28South Africa4.19
DecreaseRepublic Of South Africa 2032-03-31South Africa3.68
New since last portfolioRepublic Of South Africa 2026-12-21South Africa3.38
DecreaseIndonesia Government 2026-09-15Indonesia3.20
IncreaseTurkey Government Bond Turkey3.08
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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