Lazard Global Equity Franchise Hedged S - Managed Fund

The objective of the Lazard Global Equity Franchise Hedged S managed fund is The Fund seeks to achieve total returns (including income and capital appreciation and before the deduction of fees and taxes) in excess of the MSCI World Net Total Return Index (hedged to AUD) (benchmark) with lower risk over the long term.

The strategy of the Lazard Global Equity Franchise Hedged S managed fund is The Fund will invest in listed companies which we consider have an 'economic franchise', meaning companies which we believe have a higher degree of earnings forecastability. The Fund may also invest in initial public offerings, that meet our definition of an economic franchise and which are expected to be listed within 3 months from the date of purchase. The number of securities will generally range from 25 to 50 which means Lazard makes active investment decisions as to which securities the Fund holds.

The APIR code of the Lazard Global Equity Franchise Hedged S managed fund is LAZ4047AU.

Lazard Global Equity Franchise Hedged S’s total return last month was -3.37%. This was made up of a growth return of -3.37% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Lazard Global Equity Franchise Hedged S’s total return for the last three months was -0.43%. This was made up of a growth return of -0.43% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Lazard Global Equity Franchise Hedged S’s one-year total return is 16.39%. This was made up of a growth return of 6.54% and an income return of 9.85%. These returns were calculated as at 31 Oct 2024.

Lazard Global Equity Franchise Hedged S’s one-year total return is 6.57%. This was made up of a growth return of 1.39% and an income return of 5.18%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Lazard Global Equity Franchise Hedged S managed fund is :

The Responsible Entity for the Lazard Global Equity Franchise Hedged S managed fund is Lazard Asset Management Pacific Co.

The Lazard Global Equity Franchise Hedged S managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 20 Nov 2024, the size of the Lazard Global Equity Franchise Hedged S managed fund was $11.88 million.

The Lazard Global Equity Franchise Hedged S managed fund has an inception date of 30 Oct 2020.

The current entry price of the Lazard Global Equity Franchise Hedged S managed fund is $1.2096 per unit and the current exit price is $1.2047 per unit (as at 20 Nov 2024).

The current exit price of the Lazard Global Equity Franchise Hedged S managed fund is $1.2047 per unit and the current entry price is $1.2096 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Lazard Global Equity Franchise Hedged S managed fund is $100,000,000. Minimum additional investment is $0.