Lazard Diversified Charity CIF
Latest (Mid) Price:
GBX 138.10
Day Change:
-0.07%
| Shares Class | Inc. |
|---|---|
| Yield | 3.08 |
| Total Expense Ratio | 0.66 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 72,306,600.00 | Launch Date | 15/12/1997 | Standard Initial Charge (%) | 1.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 5,000.00 | Total Expense Ratio (%) | 0.66 |
| ISIN | GB0002308962 | Min Topup (£) | 1,000.00 |
Fund Objective
The Diversified Charity Fund is a Common Investment Fund which aims to provide charity investors, over the longer term, with a growing income stream and capital growth sufficient to protect against inflation, by investing in a balanced and diversified portfolio of UK and international equities and bonds. From 22 April 2009, the Fund may invest in certain derivative instruments (for the purposes of efficient portfolio management to reduce risk or to reduce cost or both – including hedging and tactical asset allocation)
Fund Managers
Alan Custis
Alan Custis is a Portfolio Manager/Analyst on our UK Equity Team, responsible for managing UK equity portfolios. He joined Lazard Asset Management Limited in 2004 and his investment experience began in 1989. Prior to joining Lazard, Alan worked for JP MorganFleming for five 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. Previously, he worked at Hill Samuel Asset Management where he was Head of Small Cap investment and at Morgan Grenfell Securities as a derivatives trader. Alan holds a Business degree with Honours from Staffordshire University in 1986.
Asset Breakdown
| Name | Weight |
|---|---|
| Global Fixed Interest | 14.30% |
| International Equities | 41.30% |
| Money Market | 2.10% |
| Others | 4.60% |
| UK Equities | 37.70% |
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Basic Materials | 8.60% |
| Consumer Goods | 10.20% |
| Consumer Services | 13.90% |
| Financials | 22.00% |
| Health Care | 11.20% |
| Industrials | 10.60% |
| Money Market | 2.10% |
| Oil & Gas | 12.60% |
| Others | 2.40% |
| Telecommunications | 4.30% |
| Utilities | 2.10% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ROYAL DUTCH SHELL | 5.50% |
| BP | 4.70% |
| HSBC HLDGS | 4.70% |
| DIAGEO | 3.90% |
| ASTRAZENECA PLC | 3.60% |
| LLOYDS BANKING GROUP PLC | 3.30% |
| RIO TINTO | 3.00% |
| BARCLAYS PLC | 2.70% |
| BT GROUP | 2.70% |
| UNILEVER | 2.70% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
