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Lazard Global Equity Income C Acc

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  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Lazard Fund Managers Limited
Fund Summary The objective of the Sub-Fund is to outperform the MSCI All Country World Index, while generating income, over at least 5 years. The Sub-Fund will invest at least 70% in global equities and equity related securities, including common and preferred stock and depositary receipts. Leveraging Lazard’s global equity research capabilities, the fund will invest in financially productive and attractively valued securities that are currently or are likely to begin to generate significant income from dividend distributions. The Sub-Fund’s investments will typically consist of holdings in companies having greater than US$300 million (or relevant currency equivalent) in market capitalisation with liquid quoted securities. The Sub-Fund is actively managed and may invest in companies anywhere in the world and in any industry sector. The Sub-Fund may also invest in units or shares of other collective investment schemes (which may also include exchange traded funds), cash and near cash. The Sub-Fund may invest in shares or units of collective investment schemes which are managed or operated by the ACD or an associate of the ACD. The Sub-Fund may use derivatives and forward transactions for the purposes of efficient portfolio management. The ACD considers that the use of derivatives for this purpose is not likely to affect the volatility or risk profile of the Sub-Fund. While the Sub-Fund investments will have no direct connection to any specific index or to any sector or industry weights, for performance reporting purposes, the Sub-fund targets an outcome better than that of the MSCI All Country World Index. However, the Sub-Fund is not constrained by this Index. The ACD believes this is a realistic target for the Sub-Fund based on the policy of the Sub-Fund and the constituents of the Index. In certain documents, we may wish to show the performance of the Sub-Fund as compared to some of our peers or an alternative benchmark. We will compare the performance of the Sub-Fund agains
SEDOL code B7VB8X9
ISIN GB00B7VB8X97
Fund code LZGBA
Managers Patrick Ryan, Nicholas Sordoni, Kyle Waldhauer, Ronald Temple
Manager Tenure 13 years
Morningstar Category Global Equity Income
IMA Sector Global Equity Income
Fund Size £99 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.82%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.9570
Buy Price £1.9570
Price Change -2.394%
Price Date 24th February 2020
Yield 4.50%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 19th June 2013
Fund Status OPEN
Patrick Ryan, CFA Director, Portfolio Manager/Analyst Lazard Asset Management LLC (New York) Patrick Ryan is a Director of Lazard Asset Management and a Portfolio Manager/Analyst on the Global Equity Income and various other global equity teams. Prior to joining Lazard in February 1994, Pat was an equity analyst with Hutson Management. He began working in the investment industry in 1989. Pat has a BS in Industrial Engineering from Columbia University School of Engineering and Applied Science and is a member of the New York Society of Security Analysts (NYSSA).

3-year Mean Monthly Return: 0.477%

Annual Returns 2019 2018 2017 2016 2015 2014 2013
Fund Performance +18.83% -7.22% +7.13% +32.46% -11.08% +4.42% +16.48%
Benchmark Performance
(Global Equity Income)
+16.92% -5.91% +8.84% +25.75% +2.62%
Time Period Cumulative Benchmark Performance
(Global Equity Income)
Fund Compared to Benchmark
1 day -0.89% +2.04% -2.93%
1 week -0.48% -0.39% -0.09%
1 month -0.83% +3.96% -4.79%
3 months 4.22% +3.94% +0.28%
6 months 5.49% +12.66% -7.17%
1 year 11.49% +6.16% +5.33%
3 years 5.53% +8.77% -3.24%
5 years 6.43% +10.23% -3.80%
10 years Currently unavailable Currently unavailable Currently unavailable
YTD 1.71% -0.18% +1.89%
Since inception 8.38% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Pfizer Inc USA 3.26%
Cisco Systems Inc USA 2.84%
Microsoft Corp USA 2.58%
Eaton Corp PLC USA 2.57%
Mowi ASA NOR 2.53%
DBS Group Holdings Ltd SGP 2.53%
Ping An Insurance (Group) Co. of China Ltd Class H CHN 2.32%
Brixmor Property Group Inc USA 2.32%
NetLink NBN Trust Registered Units Reg S SGP 2.09%
Banca Farmafactoring SpA ITA 2.09%
Dividend Date Per share amount Reinvestment Price
2nd January 2020 0.0115 £1.9833
1st October 2019 0.0189 £1.9516
1st July 2019 0.0348 £1.9255
1st April 2019 0.0228 £1.8138
2nd January 2019 0.0112 £1.6537
1st October 2018 0.0275 £1.8620