Lazard Managed Balanced B Inc

Trade now

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 177.69 Day Change GBX +0.22 (0.13%)
Price Date 17 Sep 2019 Crown Rating 5
Shares Class Inc. Yield 2.40 %
Total Expense Ratio 1.55 Fund Size 36,002,600.00
Launch Date 01/06/1999 Standard Initial Charge (%) 3.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.25 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.55
ISIN GB0008468281 Min TopUp (£) 500.00
Ongoing Charge (%) 1.3800 Ongoing Charge Date 31/05/2018

Fund Objective

To seek total return from a combination of income and capital growth.

Fund Managers

Alan Custis

Alan Custis is a Portfolio Manager/Analyst on the UK Equity team. He began working in the investment field in 1987. Prior to joining Lazard in 2004, Alan was a member of the UK large cap team at JP MorganFleming, having worked there for five years in a variety of roles, including heading their mid cap initiative. Previously, he worked at Hill Samuel Asset Management where he was Head of Small Cap Investment and at Morgan Grenfell Securities where he was a derivatives trader. Alan has a degree with Honours in Business from Staffordshire University.

Barnaby Wilson

Barnaby Wilson is a Managing Director and Portfolio Manager/Analyst on various global equity teams as well as International Compounders. He began working in the investment field in 1998. Prior to joining Lazard in 1999, he worked for Orbitex Investments as a Research Analyst. Barnaby has a BA (Hons) in Mathematics and Philosophy from Balliol College, Oxford University. Barnaby is a CFA® charterholder.

Benjamin Böhme

Benjamin Böhme is a Portfolio Manager/Analyst in the European Fixed Income Team at Lazard Asset Management (Deutschland) GmbH in Frankfurt. Within the Fixed Income Team, his focus is on Corporates. He began working in the investment field in 2009. Prior to joining Lazard in 2010, Benjamin was an intern with UniCredit’s Corporate and Investment Banking division in Munich. He has a Master Degree in Political Science and a Bachelor Degree in Economics from Ludwig Maximilians University Munich. He is a Chartered Financial Analyst and member of the CFA institute.

Louis Florentin-Lee

Louis Florentin-Lee is a Managing Director and Portfolio Manager/Analyst on various global equity teams, International Compounders and US Equity Select. He was formerly the co-Portfolio Manager/Analyst for the Lazard European Explorer Fund between 2004 and 2010. Louis began working in the investment industry in 1996. Prior to joining Lazard in 2004, he was an equity research analyst at Soros Funds Limited and Schroder Investment Management. He has a BSc (Hons) in Economics from the London School of Economics.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
BP 7.10%
ROYAL DUTCH SHELL 6.90%
DIAGEO 4.50%
GLAXOSMITHKLINE 4.10%
HSBC HLDGS 3.80%
RIO TINTO 3.40%
UNILEVER 3.30%
ASTRAZENECA PLC 3.20%
PRUDENTIAL PLC 3.00%
VODAFONE GROUP 2.70%

Asset Breakdown

Name Weight
Global Fixed Interest 27.60%
International Equities 37.00%
Money Market 1.30%
UK Equities 34.10%

Region Breakdown

Name Weight
International 37.00%
Money Market 1.30%
Not Specified 27.60%
UK 34.10%

Sector Breakdown

Name Weight
Basic Materials 8.90%
Consumer Goods 12.70%
Consumer Services 14.40%
Financials 22.60%
Health Care 9.50%
Industrials 9.90%
Money Market 0.40%
Oil & Gas 15.50%
Others 1.60%
Technology 1.20%
Telecommunications 3.30%