Lazard Gl.Conv.Recovery Fd.A USD
IE00BMW2TF54
Lazard Gl.Conv.Recovery Fd.A USD/ IE00BMW2TF54 /
NAV23/08/2024 |
Chg.+1.0421 |
Type of yield |
Investment Focus |
Investment company |
115.3580USD |
+0.91% |
reinvestment |
Bonds
Worldwide
|
Lazard Fund M. (IE) ▶ |
Investment strategy
Lazard Global Convertibles Recovery Fund (the "Fund") aims to maximise total return from income and capital growth. The Fund is actively managed and will primarily invest in convertibles bonds (i.e. debt securities that are convertible into the equity securities of the issuer) which the Investment Manager has determined are likely to experience recovery in valuations. The strategy of the Fund is to focus on investment opportunities presented by companies, sectors or regions that have been underperforming or undervalued at the time of investment.
The Fund will also invest in investment grade, non- graded investments, unrated convertible bonds and/or debt securities (e.g. bonds) which are issued by companies, governments, government agencies, quasi sovereign bodies or supranational bodies (such as the World Bank) across the world.
Investment goal
Lazard Global Convertibles Recovery Fund (the "Fund") aims to maximise total return from income and capital growth. The Fund is actively managed and will primarily invest in convertibles bonds (i.e. debt securities that are convertible into the equity securities of the issuer) which the Investment Manager has determined are likely to experience recovery in valuations. The strategy of the Fund is to focus on investment opportunities presented by companies, sectors or regions that have been underperforming or undervalued at the time of investment.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Convertible Bonds |
Benchmark: |
- |
Business year start: |
01/04 |
Last Distribution: |
- |
Depository bank: |
State Street Custodial Services (Ireland) Limited |
Fund domicile: |
Ireland |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
A. Brillois, E. Cuche, E. Naar, A. Raab |
Fund volume: |
477.58 mill.
EUR
|
Launch date: |
17/08/2020 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
0.85% |
Minimum investment: |
250,000.00 USD |
Deposit fees: |
- |
Redemption charge: |
2.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Lazard Fund M. (IE) |
Address: |
- |
Country: |
Ireland |
Internet: |
www.lazardnet.com
|
Countries
United States of America |
|
46.90% |
Europe |
|
32.40% |
Asia (All) |
|
16.40% |
Cash |
|
1.70% |
Japan |
|
1.00% |
Others |
|
1.60% |
Currencies
US Dollar |
|
59.20% |
Euro |
|
22.90% |
British Pound |
|
10.10% |
Hong Kong Dollar |
|
6.00% |
Japanese Yen |
|
1.00% |
Swiss Franc |
|
0.40% |
Singapore Dollar |
|
0.40% |