Lazard Emerging Mrkts Lcl Dbt A Inc GBPH (FUND:B4MTJV6) - Fund price - Overview

Fund Report

Lazard Emerging Markets Local Debt Fund A Dist GBP Hedged (GBP)

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date26/09/2011
NAV 25/04/2017GBP 78.65
Day Change-0.35%
12 Month Yield4.74%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/2016286.77 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.10%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

JPM GBI-EM Global Diversified TR USD

Morningstar® Benchmark

Not Categorized

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

How has this security performed
  • Fund: Lazard Emerging Markets Local Debt Fund A Dist GBP Hedged (GBP)
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 25/04/2017
3 Years Annualised-3.13
5 Years Annualised-2.05
10 Years Annualised-

Morningstar SRRI

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

Investment Objective

The investment seeks 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, Non-Investment Grade and Unrated bonds and other Fixed Income Securities, which are issued by Emerging Market Companies or which are issued by governments, government agencies or supranational bodies of Emerging Market Countries, or which are denominated in emerging market currencies or collateralised by emerging market debt, FDI, units or shares of collective investment schemes and cash. The securities in which the Fund will invest will primarily be denominated in local currencies although the Fund may invest on an ancillary basis in securities denominated in US Dollars or denominated in the currencies of other OECD countries.

Portfolio Profile31/12/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Cash & Equivalents6.18
Corporate Bond0.47
Top Holdings
IncreaseDecreaseNew since last portfolio
Sth Africa(Rep Of) 10.5% 2026-12-21South Africa4.22
New since last portfolioRepublic Of South Africa 2032-03-31South Africa4.09
Thailand(Kingdom) 3.65% 2021-12-17Thailand2.96
IncreasePoland(Rep Of) 5.75% 2022-09-23Poland2.74
New since last portfolioIndonesia Government 2026-09-15Indonesia2.58
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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