Lazard Global Equity Income C Inc


Buy/Sell Price  (as of 22/09/2017) £1.074   Day Change :  -0.46%     Fund Code:  LZGBI 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Patrick Ryan, CFA Director, Portfolio Manager/Analyst Lazard Asset Management LLC (New York) Patrick Ryan is a Director of Lazard Asset Management and a Portfolio Manager/Analyst on the Global Equity Income and various other global equity teams. Prior to joining Lazard in February 1994, Pat was an equity analyst with Hutson Management. He began working in the investment industry in 1989. Pat has a BS in Industrial Engineering from Columbia University School of Engineering and Applied Science and is a member of the New York Society of Security Analysts (NYSSA).

Biography

"Kyle Waldhauer is a Senior Vice President and Portfolio Manager/Analyst on the Global Equity Income and Global Equity Select teams. He began working in the investment field in 1994. Prior to joining Lazard in 1998, Kyle was a financial representative at Fidelity Investments. He has a BS in Economics and Finance from Southern New Hampshire University. "
Investment HouseLazard
Fund ProviderLazard Asset Management Ltd
ManagerPatrick Ryan   Biography
ManagerKyle Waldhauer   Biography

Fund Objective To generate substantial income as well as long-term capital growth. The fund will invest in global securities, seeking to diversify income stream through exposure to high-yielding securities, comprising primarily of equities, a portion of which may be in emerging markets.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B7YWW378
12-Month NAV High £1.13
12-Month NAV Low £1.00
Fund Comparative Index -
Morningstar CategoryTMGlobal Equity Income
Dividend FrequencyQuarterly
Historic Yield4.30%

Annual Charges

Morningstar ratings

 as of  30/06/2017
OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  22/09/2017

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-5.13-7.24-11.674.13
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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