Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.83% | |||
| 4 week |
| -0.10% | |||
| 3 month | +0.74% |
| |||
| YTD | +1.74% |
| |||
| 1 year | +15.77% |
| |||
| 3 years* | - | ||||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +8.36% | |
| Worst 3 month return | -5.75% |
Morningstar statistics
Morningstar category: Emerging Markets Bond
Key statistics
| Total assets | 365.79M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.00% | |
| Management fee | - | |
| Fund family | Lazard |
Asset allocation
| Cash | 13.56% | |
| Stocks | 0.00% | |
| Bonds | 77.51% | |
| Other | 8.93% |
Purchase information
| Initial | US$100,000 | |
| Additional | US$50 |
10.78-0.03(-0.28%)
May 22, 4:00PM EDT
Description
The investment seeks total return from current income and capital appreciation. The fund invests primarily in debt securities issued or guaranteed by governments, government agencies or supranational bodies or companies or other private-sector entities. It invests at least 80% of its assets in debt securities that are economically tied to emerging market countries. Emerging market countries include all countries not represented by the MSCI World Index. The fund is not limited to securities of any particular quality or investment grade. It is not restricted to investments in securities of any particular maturity or duration. The fund is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Denise Simon (Started: Feb 28, 2011)
Arif Joshi (Started: Feb 28, 2011)
Denise Simon (Started: Feb 28, 2011)
Arif Joshi (Started: Feb 28, 2011)
50 Stratton Street W1J 8LL, London W1J 8ll
020-7448-2110 (Fax)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 13.95 | - | - | - | |
| Beta* | -0.49 | - | - | - | |
| Mean annual return | 1.03 | - | - | - | |
| R-squared* | 1.34 | - | - | - | |
| Standard deviation | 8.28 | - | - | - | |
| Sharpe ratio | 1.48 | - | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Northern Lights 3 7% | 3.47% | |
| Ivory Coast Sr Unsecured Regs 12/32 Var | 3.25% | |
| Iraq (Republic Of) 5.8% | 2.31% | |
| Brazil Minas Spe 144A 5.333% | 2.16% | |
| Turkey(Rep Of) 9% | 1.61% | |
| Poland(Rep Of) 5.5% | 1.58% | |
| Chile Rep 2.25% | 1.58% | |
| Dev Bk Of Kazakhstan 144A 4.125% | 1.52% | |
| Philippines Rep 7.75% | 1.49% | |
| Turkey(Rep Of) 9% | 1.46% |