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Lazard Managed Balanced A 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 deliver income and capital growth. The Sub-Fund will invest in a diversified portfolio of equities and bonds. The Sub-Fund will typically invest between 40% - 85% in equities. The portfolio of the Sub-Fund consists of three core components: UK Equity Diversified, Global Equity Select and UK Aggregate Bond. The UK Equity Diversified component aims to achieve growth over at least 5 years by investing in a diversified portfolio of UK equities, being those which are incorporated, domiciled or conduct a significant portion of their business in the UK. The Sub-Fund may also invest in companies which are listed, quoted or traded in the UK. The Global Equity Select component seeks to generate strong relative returns over at least 5 years by investing in companies with strong and/or improving financial productivity at attractive valuations, typically investing in companies from both developed and emerging countries. The UK Aggregate Bond component invests in sterling-denominated investment grade financial and non-financial corporate and sovereign bonds. Performance is driven by security selection, sector and country allocation as well as duration positioning against a broad sterling fixed income index. The Sub-Fund is actively managed. The Sub-Fund may invest in cash and near cash, bank deposits and shares or units of other collective investment schemes which may include those managed or operated by the ACD or an associate of the ACD. 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, a comparison will be made against the FTSE All Share Index, the MSCI All Country World Index and the FTSE Actuaries UK Conventional Gilt All Stock Index. However, the Sub-Fund is not constrained by this Index, and nor does the Sub-fund seek to target the performance of this Index. The ACD believes this is a realistic comparator for the Sub-Fund based on
SEDOL code B3DVTR0
ISIN GB00B3DVTR01
Fund code LZMIA
Managers Alan Custis, Louis Florentin-Lee, Barney Wilson, Benjamin Boehme
Manager Tenure 8 years
Morningstar Category GBP Moderately Adventurous Allocation
IMA Sector Mixed Investment 40-85% Shares
Fund Size £32 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.93%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £2.3410
Buy Price £2.3410
Price Change +0.0856%
Price Date 3rd July 2020
Yield 2.01%
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 19th June 2013
Fund Status OPEN
Mr Custis is responsible for managing UK equity portfolios. He joined in March 2004 and has 15 years of investment experience. Prior to joining Lazard he worked for JP MorganFleming for 5 years in a variety of UK roles including heading their mid-cap initiative and more recently as a member of the UK large cap team.

3-year Mean Monthly Return: 0.425%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance -0.52% +5.21% +9.35% +16.87% +4.18% +7.31% +9.94% +15.66% +1.83% +16.78%
Benchmark Performance
(GBP Moderately Adventurous Allocation)
-0.33% +3.38% +4.48% +16.18% +2.07%
Time Period Cumulative Benchmark Performance
(GBP Moderately Adventurous Allocation)
Fund Compared to Benchmark
1 day 0.07% -4.28% +4.35%
1 week 0.08% +1.51% -1.43%
1 month 0.61% +15.57% -14.96%
3 months 14.62% -4.67% +19.29%
6 months -3.54% -1.76% -1.78%
1 year -2.42% +2.52% -4.94%
3 years 4.81% +5.03% -0.22%
5 years 6.81% +6.96% -0.15%
10 years 8.72% +7.88% +0.83%
YTD -2.75% +0.65% -3.40%
Since inception 9.06% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
United Kingdom of Great Britain and Northern Ireland 3.25% GBR 5.44%
United Kingdom of Great Britain and Northern Ireland 4.5% GBR 5.18%
Diageo PLC GBR 2.12%
Unilever PLC GBR 2.10%
United Kingdom of Great Britain and Northern Ireland 1.75% GBR 1.89%
AstraZeneca PLC GBR 1.79%
BP PLC GBR 1.65%
Tesco PLC GBR 1.62%
United Kingdom of Great Britain and Northern Ireland 1.5% GBR 1.51%
GlaxoSmithKline PLC GBR 1.37%
Dividend Date Per share amount Reinvestment Price
1st April 2020 0.0187 £2.0416
1st October 2019 0.0274 £2.3972
1st April 2019 0.0213 £2.2468
1st October 2018 0.0275 £2.2507
3rd April 2018 0.0186 £2.0770
2nd October 2017 0.0248 £2.0920