Lazard US Equity Concentrated Fund

Select share classes

There is only one type of share class for this fund.

Lazard US Equity Concentrated Fund C Acc GBP

Category US Large-Cap Blend Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£199.5023

arrow-down£-1.306 (-0.65%)

Fund Code

LZUCA

BDC5DB5

IE00BDC5DB54

Prices updated as at 15 Dec 2025

Prices in GBP

Investment objective

The Fund is an all-cap, concentrated fund that seeks long-term capital appreciation. It is benchmark agnostic, seeking to outperform any broad-based US index (i.e., S&P 500 Index, Russell 1000 Index, Russell 3000 Index) by investing in financially productive (e.g., high return on equity, free cash flow, cash flow return on investment) companies across the market capitalization spectrum, employing intensive fundamental analysis and accounting validation to identify investment opportunities. The Fund typically invests in 15â€“35 companies with market capitalizations generally greater than $350 million.

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

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.

Portfolio as of 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

11

31

18

Medium

0

3

9

Small

4

8

17

Valuation

Lazard US Equity Concentrated Fund C Acc GBP

US Large-Cap Blend Equity

24.00

22.75

3.11

3.31

3.74

4.89

14.90

16.49

Growth rate

Lazard US Equity Concentrated Fund C Acc GBP

US Large-Cap Blend Equity

11.33%

10.22%

0.69%

1.14%

1.36%

11.46%

Top 10 holdings

Sector

-

Country

United States

% of assets

9.96567

Sector

-

Country

United States

% of assets

9.95757

Sector

-

Country

United States

% of assets

8.50988

Sector

-

Country

United States

% of assets

7.69441

Sector

-

Country

United States

% of assets

4.83799

Sector

-

Country

United States

% of assets

4.76582

Sector

-

Country

United States

% of assets

4.30904

Sector

-

Country

United States

% of assets

4.29984

Sector

-

Country

United States

% of assets

4.26804

Sector

-

Country

United States

% of assets

4.18117

Assets in top 10 holdings %

62.79%

Total no. of equity holdings

20.00

Total no. of bond holdings

-

Stock sectors

Lazard US Equity Concentrated Fund C Acc GBP

US Large-Cap Blend Equity

38.15%

Basic materials

-

Con cyclical

22.21%

-

Financial svs

12.18%

-

Real estate

3.76%

-

56.95%

Comm services

13.06%

-

Energy

-

Industrials

2.77%

-

Technology

41.12%

-

4.90%

Con defensive

-

Healthcare

4.90%

-

Utilities

-

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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