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Contact details

50 Stratton street, London, United Kingdom, W1J 8LL
0800 374 810 (Broker Line)
0870 606 6408 (Dealing)
0207 499 1610 (Fax Number)
0207 588 2721 (Main Number)

Fund managers

* Patrick Ryan22-Oct-2007 to Present
Andrew Lacey»22-Oct-2007 to Present
Kyle Waldhauer»22-Oct-2007 to Present

Investment objectives

To achieve both long term capital growth and dividend income by investing in securities of companies based around the globe, including in the emerging world.

Key Information

Fund vs sector

  1y 3y
Position 27 / 32 15 / 23
Quartile 4 3

Fund ratings

BronzeMstar OBSR
FE Crown Rating: 3 FE Crown Rating


  1y 3y
Volatility 9.30 10.40
Alpha -2.27 -2.28
Beta 1.17 1.10
Sharpe 0.45 0.97
Info Ratio -0.20 -0.25
R2 0.73 0.85
Quartiles:   1  2  3  4   help with ratios
vs. Global Equity Income»
performance chart
ACC +3.5+40.0+52.8+14.1+18.6-6.1+16.2
  GLOBAL EQUITY INCOME   +7.8+47.1+62.3+18.8+14.8-4.4+15.4
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf LAZARD GLOBAL EQUITY INCOME INST INC INC 101.20 (p) 19-Dec-2014 3.90 1.05% A7P6 B24DPS1
pdf LAZARD GLOBAL EQUITY INCOME INST ACC ACC 143.30 (p) 19-Dec-2014 3.70 1.06% A7P7 B24DNZ4
pdf LAZARD GLOBAL EQUITY INCOME RET C INC INC 99.14 (p) 19-Dec-2014 n/a 0.80% GW2S B7YWW37
pdf LAZARD GLOBAL EQUITY INCOME RET C ACC ACC 139.90 (p) 19-Dec-2014 n/a 0.80% GW2T B7VB8X9
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf LAZARD GLOBAL EQUITY INCOME RET INC INC 97.58 (p) 19-Dec-2014 3.80 1.55% A7P8 B24DPY7
pdf LAZARD GLOBAL EQUITY INCOME RET ACC ACC 137.50 (p) 19-Dec-2014 3.70 1.55% A7P9 B24DPX6

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£264.6m / $413.2m (19-Dec-14)
Savings plan Fund has Savings Plan Minimum: £ 75.0 Monthly Launch22-Oct-2007
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 2,000
Minimum additional£ 500
Initial charge3.75%
Annual management charge1.50%
Note to chargesn/a
Trustee / DepositaryState Street Trustees Limited
RegistrarMellon Bank
Dividend policyJan 01 (Final), Apr 01, Jul 01, Oct 01
Peer groups
Region Asset Class Investment Focus Sector
Global Equity Mixed Global Equity Income
Largest holdings, 31-Oct-2014
Holding (%) Rank Fund factsheet Equity factsheet
TOTAL SA 2.80 2 - *
AXA 2.60 4 - -
SANDS CHINA LTD 2.30 5 - -
WYNN MACAU LTD 2.30 6 - -
SWEDBANK AB 2.00 7 - -
VODAFONE GROUP 1.90 10 - *
Regional weightings, 31-Oct-2014
North America32.501 32.50% North America
Continental Europe23.602 23.60% Continental Europe
Emerging Asia8.703 8.70% Emerging Asia
Asia Pacific ex Japan8.204 8.20% Asia Pacific ex Japan
Emerging Latin America6.505 6.50% Emerging Latin America
UK5.606 5.60% UK
European Emerging Markets5.207 5.20% European Emerging Markets
Cash4.008 4.00% Cash
Middle East2.709 2.70% Middle East
Emerging Africa1.6010 1.60% Emerging Africa
Others1.4011 1.40% Others
Sector weightings, 31-Oct-2014
Financials33.801 33.80% Financials
Energy13.302 13.30% Energy
Consumer Discretionary11.803 11.80% Consumer Discretionary
Information Technology11.704 11.70% Information Technology
Telecommunication Services9.105 9.10% Telecommunication Services
Industrials5.706 5.70% Industrials
Utilities4.307 4.30% Utilities
Materials4.208 4.20% Materials
Cash4.009 4.00% Cash
Health Care1.1010 1.10% Health Care
Consumer Staples1.0011 1.00% Consumer Staples

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

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Asset allocation

North American Equities, 32.50%
32.5000% ofNorth American Equities
European Equities, 23.60%
23.6000% ofEuropean Equities
Asia Pacific Emerging Equities, 8.70%
8.7000% ofAsia Pacific Emerging Equities
Asia Pacific ex Japan Equities, 8.20%
8.2000% ofAsia Pacific ex Japan Equities
American Emerging Equities, 6.50%
6.5000% ofAmerican Emerging Equities
UK Equities, 5.60%
5.6000% ofUK Equities
European Emerging Equities, 5.20%
5.2000% ofEuropean Emerging Equities
Middle East & African Equities, 4.30%
4.3000% ofMiddle East & African Equities
Money Market, 4.00%
4.0000% ofMoney Market
International Equities, 1.40%
1.4000% ofInternational Equities

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