Lazard Convertible Euro Moderato A
FR0010899161
Lazard Convertible Euro Moderato A/ FR0010899161 /
NAV30/08/2024 |
Chg.+16.6602 |
Type of yield |
Investment Focus |
Investment company |
13,247.9697EUR |
+0.13% |
reinvestment |
Bonds
Europe
|
Lazard Fr. Gestion ▶ |
Investment strategy
The investment objective is to achieve, over the recommended investment horizon of 3 years, a return (net of charges) above the following simple benchmark: €STR Capitalisé +2,50%. The benchmark is expressed in EUR.
Lazard Frères Gestion delegated the financial management of the Fund to Lazard Asset Management LLC, New York. To achieve its performance target, the Fund will invest up to 100% of its total net assets in Eurozone convertible bonds, with active and exhaustive management of the portfolio"s global income sources, namely exposure to equities and interest rates (with a sensitivity range 0 to 7) and the implied volatility of the equity markets. Stocks will be selected by taking into consideration the structure, legal clauses and quantitative and qualitative aspects of the convertible bonds.
Investment goal
The investment objective is to achieve, over the recommended investment horizon of 3 years, a return (net of charges) above the following simple benchmark: €STR Capitalisé +2,50%. The benchmark is expressed in EUR.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Europe |
Branch: |
Convertible Bonds |
Benchmark: |
€STR Capitalisé +2,50% |
Business year start: |
01/07 |
Last Distribution: |
- |
Depository bank: |
CACEIS BANK |
Fund domicile: |
France |
Distribution permission: |
- |
Fund manager: |
Arnaud BRILLOIS |
Fund volume: |
- |
Launch date: |
30/06/2010 |
Investment focus: |
- |
Conditions
Issue surcharge: |
4.00% |
Max. Administration Fee: |
0.57% |
Minimum investment: |
1.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
Lazard Fr. Gestion |
Address: |
Avenue Louise 326, 1050, Bruxelles |
Country: |
Belgium |
Internet: |
www.lazard.com
|
Assets
Bonds |
|
64.00% |
Stocks |
|
32.20% |
Geldmarktfonds |
|
3.80% |
Countries
France |
|
36.00% |
Germany |
|
28.00% |
Italy |
|
14.20% |
Spain |
|
7.60% |
Netherlands |
|
7.00% |
Austria |
|
3.40% |
Others |
|
3.80% |