Lazard Developing Markets C Inc (FUND:B8HCWS6) - Fund price


Fund Report

Lazard Developing Markets Fund C Inc

Key Stats
Morningstar® CategoryGlobal Emerging Markets Equity
Manager Name-
Inception Date01/11/2012
NAV 15/07/2019GBP 1.25
Day Change-0.17%
12 Month Yield0.66%
ISINGB00B8HCWS66
SEDOLB8HCWS6
Dividend FrequencySemi-Annually
Net Assets (mil) 31/03/201954.22 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
Ongoing Cost1.05%
AMC0.85%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Below Average

Below Average


Sustainability Rating as of 31/05/2019

Benchmarks

Fund Benchmark

MSCI EM NR USD

Morningstar® Benchmark

MSCI EM NR USD

Growth Of 10,000 (GBP) 30/06/2019

How has this security performed
201420152016201720182019
Fund-4.31-8.7037.9528.83-15.7916.92
Category3.25-9.4230.1923.52-11.2711.67
Benchmark3.90-9.9932.6325.40-9.2610.66
  • Fund: Lazard Developing Markets Fund C Inc
  • Category: Global Emerging Markets Equity
  • Benchmark: MSCI EM NR USD
Trailing Returns % (GBP) 15/07/2019
FundCatBmark
YTD18.8314.8013.18
3 Years Annualised12.0610.4111.40
5 Years Annualised8.918.388.87
10 Years Annualised---

Morningstar SRRI

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Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the Sub-Fund is to seek long-term capital growth through a diversified portfolio primarily of equity and equity related shares and securities including warrants, depositary receipts, preference shares and other transferable securities. The Sub-Fund will invest, with a growth bias, primarily in issuers that are domiciled, incorporated or listed in, or which have significant business activities in emerging market countries. It is likely to focus on, but not be limited to Latin America, the Pacific Basin and Europe. The Sub-Fund may also invest in eligible collective investment schemes including eligible exchange traded funds and in listed closed ended vehicles. On an occasional basis the Sub-Fund may invest in investment grade government and corporate fixed income securities including convertible debt securities.

Portfolio Profile31/03/2019

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
IncreaseTencent Holdings Ltd Technology5.36
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IncreaseICICI Bank Ltd ADR Financial Services2.98
IncreaseBanColombia SA ADR Financial Services2.71
Asset Allocation %
LongShortNet
Stocks98.280.0098.28
Bonds0.000.000.00
Cash5.083.361.72
Other0.000.000.00
Top Stock Regions
Region%
Asia - Emerging48.84
Asia - Developed17.74
Latin America16.84
Europe - Emerging5.35
Africa4.05
Top Stock Sectors
Stock Sector%
Financial Services29.90
Technology29.88
Industrials13.01
Energy7.76
Basic Materials5.82
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) 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. See website for full details. 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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