Lazard Credit Opportunities PC H-CHF
FR001400F1B4
Lazard Credit Opportunities PC H-CHF/ FR001400F1B4 /
NAV15/10/2024 |
Var.+4.6100 |
Type of yield |
Focus sugli investimenti |
Società d'investimento |
980.3400CHF |
+0.47% |
reinvestment |
Bonds
Worldwide
|
Lazard Fr. Gestion ▶ |
Investment strategy
The management objective is to obtain, over the recommended investment period of 3 years, a performance net of fees higher than that of the reference indicator Ester Capitalisé + margin (from 1.25% to 2.40% depending on the units) for units expressed in Euro, Fed Funds + margin (1.25% to 2% depending on the units) for units expressed in USD and SARON + 2.40% for the unit expressed in CHF.
The strategy used to achieve this objective involves dynamic management of interest rate risk, credit risk and currency risk by investing primarily in risky debt issued by governments, companies, and financial institutions and structures. The Fund's modified duration will be managed dynamically within a range of -5 and +10. The Fund is invested as follows: Up to a maximum of 100% of the net assets in bonds and negotiable debt securities denominated in euros and/or any other currency, without any restriction in terms of credit quality. Up to a maximum of 60% of the net assets in bonds and negotiable debt securities denominated in currencies other than the euro and the US dollar. Up to a maximum of 10% of the net assets in UCITS and French or foreign AIF that comply with the four criteria set out in Article R.214-13 of the French monetary and financial code (Code monétaire et financier) and classified as money market, shortterm money market or bond funds. These UCIs may be managed by the management company. Up to a maximum of 5% of the net assets in ordinary shares deriving from debt restructuring. The fund manager will do their best to sell the shares received as soon as possible in the interest of the shareholders. Up to a maximum of 10% of the net assets in convertible bonds. Up to a maximum of 50% of the net assets in perpetual subordinated debt, including a maximum of 30% of the net assets in contingent convertible bonds (CoCos). Up to a maximum of 5% of the net assets in preference shares. As an exception to the 5%-10%-40% ratios, the management team may invest more than 35% of the UCI"s net assets in securities guaranteed by an EEA Member State or the United States.
Investment goal
The management objective is to obtain, over the recommended investment period of 3 years, a performance net of fees higher than that of the reference indicator Ester Capitalisé + margin (from 1.25% to 2.40% depending on the units) for units expressed in Euro, Fed Funds + margin (1.25% to 2% depending on the units) for units expressed in USD and SARON + 2.40% for the unit expressed in CHF.
Dati master
Type of yield: |
reinvestment |
Fondi Categoria: |
Bonds |
Region: |
Worldwide |
Settore: |
Bonds: Mixed |
Benchmark: |
Ester Capitalisé + Marge (1,25% bis 2,40% je nach Anteil) |
Business year start: |
01/10 |
Ultima distribuzione: |
- |
Banca depositaria: |
CACEIS BANK |
Domicilio del fondo: |
France |
Permesso di distribuzione: |
Austria, Germany, Switzerland, Czech Republic |
Gestore del fondo: |
Eleonore BUNEL |
Volume del fondo: |
1.35 bill.
EUR
|
Data di lancio: |
27/01/2023 |
Investment focus: |
- |
Condizioni
Sovrapprezzo emissione: |
4.00% |
Tassa amministrativa massima: |
0.99% |
Investimento minimo: |
1.00 CHF |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Prospetto semplificato: |
- |
Società d'investimento
Funds company: |
Lazard Fr. Gestion |
Indirizzo: |
Avenue Louise 326, 1050, Bruxelles |
Paese: |
Belgium |
Internet: |
www.lazard.com
|
Attività
Bonds |
|
84.00% |
Cash and Other Assets |
|
16.00% |
Paesi
Spain |
|
15.00% |
France |
|
14.00% |
Italy |
|
10.00% |
Germany |
|
7.00% |
Netherlands |
|
6.00% |
Greece |
|
6.00% |
Portugal |
|
4.00% |
United States of America |
|
3.00% |
Altri |
|
35.00% |
Cambi
Euro |
|
98.70% |
US Dollar |
|
1.30% |