Lazard Explorer Total Return Instl

The investment seeks total return from current income and capital appreciation.
The fund utilizes a flexible total return investment strategy. It typically invests primarily in debt securities issued or guaranteed by governments, government agencies or supranational bodies, forward contracts, including non-deliverable forward contracts, credit default swap agreements, interest rate swap agreements and foreign currency options, debt securities issued by companies or other private-sector entities, including fixed and/or floating rate investment grade and non-investment grade bonds. The fund is non-diversified.

Key stats

Management firm  Lazard
Domicile  United States
Fund Administrator  State Street Bank & Trust Co
Global Branding Name  Lazard
12 month yield  2.79%
Fund currency  USD
Launch Date  2013-06-28
ISIN  US52106N2779
SEDOL  BBX4Q30
Manager 1 Name  Arif Joshi
Manager 2 Name  Denise Simon
Fund Strategy  Emerging Markets Bond
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-11-30
Return - 1 Month  -0.61%
Return - 2 Months  -0.16 %
Return - 3 Months  -1.33%
Return - 6 Months  -0.08 %
Return - 9 months  2.84 %
Return - 12 Months  3.86%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  2.87%
Return YTD  3.71%

Charges

Initial  0.00 %
Minimum Investment  $100,000
Maximum Managment Charge  1.00 %
Exit charge  1.00 %
Performance Fee  0.00 %

Contact

Contact Address  50 Stratton Street W1J 8LL
Contact Address 2  London W1J 8ll
Contact Address 3  New York, New York 10112-6300
Contact city  London
Contact country  United Kingdom
Fund Admin Group  Lazard
Web Address  www.LazardNet.com
Custodian  State Street Bank & Trust Co
Phone  0800-374810

Price

Last Price Date  2014-12-04
Pre-tax nav  9.85
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-0.01
Price change (percentage)  -0.10 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information