Lazard Global Equity Advantage Plus I - Managed Fund (Closed)

The objective of the Lazard Global Equity Advantage Plus I managed fund is The Fund seeks to achieve total returns (including income and capital appreciation and before the deduction of fees and taxes) that exceed those of the MSCI All Country World Index - Net Return (unhedged in AUD) ('the benchmark') by 2% per annum over a full market cycle.

The strategy of the Lazard Global Equity Advantage Plus I managed fund is The Fund seeks consistency of performance throughout market cycles and relies on a core; bottomup stock selection approach while avoiding unwanted macroeconomic exposures. The investment universe consists of approximately 5;000 developed market and 3600 emerging market stocks that are domiciled in countries within the MSCI All Country World Index. LAM uses an active; quantitatively based investment process that evaluates each company's growth potential; valuation; market sentiment and financial quality relative to each company's global peers.

The APIR code of the Lazard Global Equity Advantage Plus I managed fund is LAZ0020AU.

Lazard Global Equity Advantage Plus I’s total return last month was -0.2%. This was made up of a growth return of -0.2% and an income return of 0%. These returns were calculated as at 31 Jul 2017.

Lazard Global Equity Advantage Plus I’s total return for the last three months was -2.05%. This was made up of a growth return of -23.64% and an income return of 21.59%%. These returns were calculated as at 31 Jul 2017.

Lazard Global Equity Advantage Plus I’s one-year total return is 12.43%. This was made up of a growth return of -12.36% and an income return of 24.79%. These returns were calculated as at 31 Jul 2017.

Lazard Global Equity Advantage Plus I’s one-year total return is 11.1%. This was made up of a growth return of -6.99% and an income return of 18.09%. These returns were calculated as at 31 Jul 2017.

The asset allocation of the Lazard Global Equity Advantage Plus I managed fund is :

The Responsible Entity for the Lazard Global Equity Advantage Plus I managed fund is Lazard Asset Management Pacific Co.

The Lazard Global Equity Advantage Plus I managed fund belongs to the Equity World Large Blend sector/asset class.

As at 28 Jul 2017, the size of the Lazard Global Equity Advantage Plus I managed fund was $2.33 million.

The Lazard Global Equity Advantage Plus I managed fund has an inception date of 24 Jun 2008.

The current entry price of the Lazard Global Equity Advantage Plus I managed fund is $1.0157 per unit and the current exit price is $1.0035 per unit (as at 31 Jul 2017).

The current exit price of the Lazard Global Equity Advantage Plus I managed fund is $1.0035 per unit and the current entry price is $1.0157 per unit (as at 31 Jul 2017).

The minimum initial investment amount for the Lazard Global Equity Advantage Plus I managed fund is $5,000,000. Minimum additional investment is $0.