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  5. Lazard Global Convertibles Wholesale - Managed fund profile

Lazard Global Convertibles Wholesale - Managed Fund

Fund Objective
TheFundseeks to achieve totalreturns (includingincome andcapital appreciation andbefore the deductionoffees andtaxes)in excess of the FTSE Global Focus Hedged (AUD) Convertible Bond Index (net interest reinvested)* ('the benchmark') over rolling five-year periods.
Fund Strategy
The Fund will primarily invest in global convertible bonds issued by corporate entities. It may also hold equities that are the result of bond conversions. Convertible bonds that the Fund invests in will generally be unlisted. However; the equities that are the result of bond conversions will generally be listed. The number of securities will generally range from 60 to 80 which means Lazard makes active investment decisions as to which securities the Fund holds

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.49% 6.28% 7.31% 12.79% 7.93% 6.42% -% -%
Growth return 1.49% 6.28% 7.31% 12.79% 6.23% 5.3% -% -%
Income return 0% 0% 0% 0% 1.7% 1.12% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lazard Global Convertibles Wholesale
International Equities
0.82%
Cash
4.21%
Fixed Interest
94.97%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.02%
Cash
6.57%
Fixed Interest
92.51%
Australian Equities
0.63%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
Lazard Global Convertibles Wholesale
Lazard Asset Management Pacific Co
LAZ3113AU
Unconstrained Fixed Income
starstarstar (as at 31 Aug 2025)
Investment Fund
2 Sep 2020
$17.03 million (as at 18 Sep 2025)
$1.0396 (as at 18 Sep 2025)
$1.0323 (as at 18 Sep 2025)
Open
Offer information
Type Description
MER 0.80% (as at 20 Jun 2025)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025) Type % of Portfolio
JD.com Inc. Bond - Convertible 2.77%
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FAQs about the Lazard Global Convertibles Wholesale

The objective of the Lazard Global Convertibles Wholesale managed fund is TheFundseeks to achieve totalreturns (includingincome andcapital appreciation andbefore the deductionoffees andtaxes)in excess of the FTSE Global Focus Hedged (AUD) Convertible Bond Index (net interest reinvested)* ('the benchmark') over rolling five-year periods.

The strategy of the Lazard Global Convertibles Wholesale managed fund is The Fund will primarily invest in global convertible bonds issued by corporate entities. It may also hold equities that are the result of bond conversions. Convertible bonds that the Fund invests in will generally be unlisted. However; the equities that are the result of bond conversions will generally be listed. The number of securities will generally range from 60 to 80 which means Lazard makes active investment decisions as to which securities the Fund holds

The APIR code of the Lazard Global Convertibles Wholesale managed fund is LAZ3113AU.

Lazard Global Convertibles Wholesale’s total return last month was 1.49%. This was made up of a growth return of 1.49% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Lazard Global Convertibles Wholesale’s total return for the last three months was 6.28%. This was made up of a growth return of 6.28% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

Lazard Global Convertibles Wholesale’s one-year total return is 12.79%. This was made up of a growth return of 12.79% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Lazard Global Convertibles Wholesale’s one-year total return is 6.42%. This was made up of a growth return of 5.3% and an income return of 1.12%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Lazard Global Convertibles Wholesale managed fund is :

International Equities
0.82%
Cash
4.21%
Fixed Interest
94.97%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Lazard Global Convertibles Wholesale managed fund is Lazard Asset Management Pacific Co.

The Lazard Global Convertibles Wholesale managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 18 Sep 2025, the size of the Lazard Global Convertibles Wholesale managed fund was $17.03 million.

The Lazard Global Convertibles Wholesale managed fund has an inception date of 2 Sep 2020.

The current entry price of the Lazard Global Convertibles Wholesale managed fund is $1.0396 per unit and the current exit price is $1.0323 per unit (as at 18 Sep 2025).

The current exit price of the Lazard Global Convertibles Wholesale managed fund is $1.0323 per unit and the current entry price is $1.0396 per unit (as at 18 Sep 2025).

The minimum initial investment amount for the Lazard Global Convertibles Wholesale managed fund is $20,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.