Lazard Managed Balanced

Ranked 47 out of 262 in - Aggressive GBP over 12 months
All calculations are in GBP unless stated

Managed by

Benjamin Boehme

Alan Custis

Alan Custis holds a degree in Business from Staffordshire University. He started his career in 1989 with Hill Samuel Asset Management where he was head of small cap investment and he moved on to Morgan Grenfell Securities as a derivatives trader. He then joined JP Morgan Fleming where he worked for five years in a variety of roles including heading up their mid-cap initiative. In 2004, Alan joined Lazard Asset Management and is a portfolio manager on the UK Equity team.

Andrew Lacey

Andrew Lacey is the deputy chairman of US and Global strategies at Lazard Asset Management. Lacey began his career as a teacher, before moving into investments in 1995. Based in New York, Lacey manages a number of equity funds for Lazard and enjoys golf, football and skiing outside of fund management. He attended both Columbia University and Wesleyan University, where he obtained a MBA and BA respectively.

Objective

The objective of the Sub-Fund is to achieve capital growth whilst maintaining a reasonable yield through diversified investments largely in equity markets with a bias towards UK and international equities, fixed income securities issued by governments, corporations and bank deposits.

Showing fund performance in United Kingdom View performance globally

Performance

Aggressive GBP over : 31/03/2018 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 8.5%
2018 -6.2% -4.6% 6.9% 0.8% -8.7%
2017 12.2% 4.3% 0.8% 2.0% 4.6%
2016 14.4% -0.2% 3.8% 8.4% 1.8%
2015 1.2% 4.7% -3.3% -4.9% 5.1%
2014 6.3% -0.7% 1.4% 1.5% 4.0%
2013 16.4% 9.3% -2.0% 3.8% 4.8%
2012 11.8% 7.5% -3.1% 4.9% 2.4%
2011 -1.7% 0.1% 0.8% -9.2% 7.4%
2010 12.8% 6.5% -8.2% 8.9% 5.9%
2009 17.1% -8.6% 8.0% 16.9% 1.5%
2008 -22.0% -8.0% -2.8% -9.4% -3.6%
2007 5.1% 1.3% 2.1% -0.6% 2.2%
2006 11.6% 7.2% -3.2% 3.1% 4.4%
2005 18.8% 2.2% 4.5% 6.7% 4.2%
2004 9.3% 0.7% 1.5% 2.0% 4.8%
2003 15.2% -3.4% 10.6% 1.8% 6.0%
2002 -15.7% 1.7% -9.0% -13.6% 5.4%
2001 -6.8% -6.3% 2.3% -11.2% 9.4%
2000 2.0% -1.5% 1.9% 1.5% 0.1%
1999 -4.5% 12.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
BP PLC ORD 2.35%
Royal Dutch Shell Plc B ORD 2.22%
United Kingdom 1.500% 22-Jul-2047 2.11%
Diageo PLC ORD 2.03%
Unilever PLC ORD 1.99%
United Kingdom 1.750% 07-Sep-2037 1.99%
United Kingdom 4.500% 07-Dec-2042 1.73%
Relx PLC ORD 1.47%
Prudential PLC ORD 1.31%
HSBC Holdings PLC ORD 1.27%
28/02/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/06/1999
  • Share Class size00Mn
  • Base currencyGBX
  • ISIN GB0008468281

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.25%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).