LSTOX: Lazard Global Strategic Equity Open

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LSTOX Lazard Global Strategic Equity Open


Profile

LSTOX - Profile

Vitals

  • YTD Return -20.5%
  • 3 Yr Annualized Return -45.6%
  • 5 Yr Annualized Return -30.6%
  • Net Assets $3.1 M
  • Holdings in Top 10 28.9%

52 WEEK LOW AND HIGH

$1.63
$1.44
$2.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 13.26%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 49.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Large Stock

Distributions

  • YTD Total Return -20.5%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Lazard Global Strategic Equity Portfolio
  • Fund Family Name
    Lazard
  • Inception Date
    Aug 29, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Barnaby Wilson

Fund Description

The Portfolio invests primarily in equity securities, principally common stocks, of companies that the Investment Manager believes are undervalued based on their earnings, cash flow or asset values. Under normal circumstances, it invests at least 80% of its assets in equity securities. The Portfolio invests significantly (at least 40%-unless market conditions are not deemed favorable by the Investment Manager, in which case the Portfolio would invest at least 30%) in non-U.S. companies.


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Categories

Performance

LSTOX - Performance

Return Ranking - Trailing

Period LSTOX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.5% -39.7% 6.0% 48.17%
1 Yr -11.4% -43.3% 32.8% 34.72%
3 Yr -45.6%* -45.6% 48.4% 100.00%
5 Yr -30.6%* -30.6% 21.0% 100.00%
10 Yr N/A* -9.6% 14.4% N/A

* Annualized

Return Ranking - Calendar

Period LSTOX Return Category Return Low Category Return High Rank in Category (%)
2019 25.8% -14.9% 45.5% 25.86%
2018 -29.1% -73.8% 141.8% 96.28%
2017 -76.0% -76.0% 54.2% 100.00%
2016 -0.8% -12.7% 13.9% 69.69%
2015 -2.7% -36.4% 17.2% 40.82%

Total Return Ranking - Trailing

Period LSTOX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.5% -39.7% 6.0% 48.17%
1 Yr -11.4% -43.3% 32.8% 34.72%
3 Yr 1.1%* -32.6% 48.4% 27.16%
5 Yr 0.8%* -20.9% 21.0% 40.21%
10 Yr N/A* -9.6% 14.4% N/A

* Annualized

Total Return Ranking - Calendar

Period LSTOX Return Category Return Low Category Return High Rank in Category (%)
2019 25.8% -14.9% 45.5% 26.43%
2018 -12.8% -73.8% 140.6% 51.27%
2017 24.8% 1.5% 54.2% 33.33%
2016 -0.5% -8.8% 17.1% 79.95%
2015 -2.2% -36.4% 18.6% 61.10%

NAV & Total Return History


Holdings

LSTOX - Holdings

Concentration Analysis

LSTOX Category Low Category High LSTOX % Rank
Net Assets 3.1 M 218 K 107 B 99.27%
Number of Holdings 69 12 9861 68.68%
Net Assets in Top 10 966 K 236 K 20.3 B 98.17%
Weighting of Top 10 28.91% 7.3% 64.4% 41.83%

Top 10 Holdings

  1. Alphabet Inc A 4.33%
  2. Microsoft Corp 3.77%
  3. Intercontinental Exchange Inc 3.13%
  4. IQVIA Holdings Inc 2.67%
  5. Visa Inc Class A 2.64%
  6. Aon PLC 2.58%
  7. S&P Global Inc 2.57%
  8. CAE Inc 2.53%
  9. Coca-Cola Co 2.52%
  10. Vivendi SA 2.16%

Asset Allocation

Weighting Return Low Return High LSTOX % Rank
Stocks
99.03% 2.12% 100.68% 30.59%
Cash
0.97% -3.48% 89.42% 64.65%
Preferred Stocks
0.00% 0.00% 6.41% 76.01%
Other
0.00% -1.56% 20.43% 77.66%
Convertible Bonds
0.00% 0.00% 5.19% 74.36%
Bonds
0.00% -11.97% 19.84% 76.92%

Stock Sector Breakdown

Weighting Return Low Return High LSTOX % Rank
Financial Services
23.90% -3.32% 41.08% 8.06%
Communication Services
16.98% -0.46% 68.40% 8.42%
Technology
14.99% 0.00% 45.83% 67.77%
Healthcare
13.73% -4.43% 31.80% 37.36%
Industrials
13.71% -5.03% 26.12% 13.55%
Consumer Defense
7.86% -1.09% 28.55% 48.53%
Consumer Cyclical
3.61% 1.76% 38.94% 97.44%
Basic Materials
2.37% -0.64% 9.77% 66.12%
Utilities
1.49% -0.68% 12.90% 47.25%
Energy
1.36% 0.00% 11.01% 70.88%
Real Estate
0.00% -1.40% 12.56% 91.58%

Stock Geographic Breakdown

Weighting Return Low Return High LSTOX % Rank
Non US
50.38% -0.77% 165.28% 10.99%
US
48.65% -69.13% 76.88% 78.21%

Expenses

LSTOX - Expenses

Operational Fees

LSTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 13.26% 0.08% 44.68% 1.12%
Management Fee 0.75% 0.07% 1.75% 58.42%
12b-1 Fee 0.25% 0.00% 1.00% 47.28%
Administrative Fee N/A 0.01% 0.65% 6.01%

Sales Fees

LSTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.10% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LSTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.10% 2.00% 91.67%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LSTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.00% 1.00% 995.00% 66.67%

Distributions

LSTOX - Distributions

Dividend Yield Analysis

LSTOX Category Low Category High LSTOX % Rank
Dividend Yield 0.00% 0.00% 22.72% 76.01%

Dividend Distribution Analysis

LSTOX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

LSTOX Category Low Category High LSTOX % Rank
Net Income Ratio 0.72% -2.05% 7.25% 57.33%

Capital Gain Distribution Analysis

LSTOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LSTOX - Fund Manager Analysis

Managers

Barnaby Wilson


Start Date

Tenure

Tenure Rank

Aug 29, 2014

5.51

5.5%

Barnaby Wilson, CFA Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Barnaby Wilson is a Managing Director and Portfolio Manager/Analyst on various global equity teams as well as International Compounders. He began working in the investment field in 1998. Prior to joining Lazard in 1999, he worked for Orbitex Investments as a Research Analyst. Barnaby has a BA (Hons) in Mathematics and Philosophy from Balliol College, Oxford University. Barnaby is a CFA® charterholder.

Mark Little


Start Date

Tenure

Tenure Rank

Aug 29, 2014

5.51

5.5%

Mark Little Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Mark Little is a Portfolio Manager/Analyst on the International Strategic Equity, International Compounders, and Global Strategic Equity teams. He began working in the investment field in 1992. Prior to joining Lazard in 1997, he was a manager in the corporate finance practice of Coopers & Lybrand and earned his ACA qualification with Rees Pollock Chartered Accountants. Mark has an MA in Economics from Clare College, Cambridge University.

Robin Jones


Start Date

Tenure

Tenure Rank

Aug 29, 2014

5.51

5.5%

Robin O. Jones Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Robin Jones is a Portfolio Manager/Analyst on the International Strategic Equity, International Compounders, and Global Strategic Equity teams. Robin began working in the investment field in 2002 at Lazard Asset Management, before leaving in 2006 for Bluecrest Capital Management where he worked as a Portfolio Manager. Robin re-joined Lazard in 2007. He has a BA Hons in Economics from Durham University and a PGCE in Mathematics from Cambridge University.

John Reinsberg


Start Date

Tenure

Tenure Rank

Aug 29, 2014

5.51

5.5%

John Reinsberg is Deputy Chairman of Lazard Asset Management responsible for oversight of the firm's international and global strategies. He is also a Portfolio Manager/Analyst on the Global Equity and International Equity portfolio teams. He began working in the investment field in 1981. Prior to joining Lazard in 1992, John was Executive Vice President with General Electric Investment Corporation and Trustee of the General Electric Pension Trust.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 29.18 6.76 14.25