Lazard European Alpha Retail C Acc (FUND:B7WP658) - Overview

Fund Report

Lazard European Alpha Fund Retail C Acc

Key Stats
Morningstar® CategoryEurope ex-UK Large-Cap Equity
Manager NameAaron Barnfather
Inception Date01/11/2012
NAV 02/12/2016GBX 708.30
Day Change-0.94%
12 Month Yield1.79%
ISINGB00B7WP6581
SEDOLB7WP658
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/201669.85 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.88%
AMC0.75%
Fund Rebate-

Morningstar Rating™

4 Stars

Benchmarks

Fund Benchmark

FTSE World Eur Ex UK TR GBP

Morningstar® Benchmark

MSCI Europe Ex UK NR EUR

Morningstar Analyst Rating™ *

Bronze

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

How has this security performed
20122013201420152016
Fund19.2726.450.7211.146.67
Category18.7926.83-0.989.319.70
Benchmark15.9525.27-0.735.1110.99
  • Fund: Lazard European Alpha Fund Retail C Acc
  • Category: Europe ex-UK Large-Cap Equity
  • Benchmark: MSCI Europe Ex UK NR EUR
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD3.227.769.39
3 Years Annualised5.565.874.93
5 Years Annualised11.1211.7610.41
10 Years Annualised5.425.974.76

Morningstar SRRI

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

Investment Objective

"Lazard European Alpha Fund (the Fund) aims to achieve longterm capital growth by investing in shares of continental European companies.The Fund has discretion as to the shares it holds and aims to achieve greater returns than the FTSE World Europe exUK Index, as measured in Euro.The Fund invests in shares of the largest companies in continental Europe. The Investment Manager favours markets with attractive economic conditions and competitive value. The Fund invests in shares of companies with good management structures and attractive financial data, and which sell for low prices relative to the financial strength of the companies (i.e. are undervalued) and can be readily bought and sold in the markets.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 the United Kingdom."

Portfolio Profile31/08/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseNovartis AG Healthcare5.57
IncreaseAnheuser-Busch Inbev SA Consumer Defensive4.22
DecreaseAXA SA Financial Services3.81
DecreaseSAP SE Technology3.58
DecreaseUnilever NV DR Consumer Defensive2.96
Asset Allocation %
LongShortNet
Stocks97.880.0097.88
Bonds0.000.000.00
Cash2.270.152.12
Other0.000.000.00
Top Stock Regions
Region%
Eurozone72.26
Europe - ex Euro23.09
United States1.83
Europe - Emerging1.50
United Kingdom1.33
Top Stock Sectors
Stock Sector%
Financial Services18.72
Consumer Defensive14.80
Consumer Cyclical12.87
Industrials12.53
Healthcare11.86
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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