Lazard Emerging Markets Fund A Acc
A Select 50 Fund - Fidelity insight
Category Global Emerging Markets Equity
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
£4.736
£-0.016 (-0.34%)
Fund Code
LZEGA
B24F1G7
GB00B24F1G74
Prices updated as at 11 Dec 2024
Prices in GBP
Investment objective
The objective of the Sub-Fund is to seek capital growth over at least 5 years. The Sub-Fund will invest at least 70% in the equity and equity-related securities of, or relating to, companies domiciled, incorporated, listed in, or which have a significant portion of their business in Emerging Market Countries (as defined below).
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
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Our view
Why we like the fund:
This is a fairly concentrated fund that invests in companies across emerging markets. Examples of emerging market countries are China, India, Brazil and South Africa. The team members are 'value' investors, quite contrarian and often buying companies with depressed share prices; they have been investing on this basis for decades. The manager of this fund is exceptionally experienced and focused exclusively on managing emerging market equity funds.
How to use the fund:
Emerging market economies are growing at faster rates than more mature developed markets, which should enhance the opportunity. An emerging market equity fund should be a mainstay of most portfolios, but any allocation should reflect the slightly riskier nature of the underlying investments and a long-term view (ten years or more) is needed. This fund could blend well with a 'quality' fund that invests in businesses which are financially stronger or have competitive advantages but tend to be more expensive. An example in this category is the Fidelity Sustainable Emerging Markets Fund.