Lazard Global Equity Franchise
LAZ0025AU
Lazard Global Equity Franchise LAZ0025AU Strategy
The Fund will invest in listed companies which we consider have an “economic franchise”, meaning companies which we believe have a higher degree of earnings forecastability. The Fund may also invest in initial public offerings, that meet our definition of an economic franchise and which are expected to be listed within 3 months from the date of purchase. The number of securities will generally range from 25 to 50 which means Lazard makes active investment decisions as to which securities the Fund holds.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Funds News & Analysis
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,013.70 | 8.20 | -0.10% |
| CAC 40 | 7,275.56 | 10.30 | -0.14% |
| DAX 40 | 21,171.22 | 34.64 | -0.16% |
| Dow JONES (US) | 38,858.48 | 688.07 | 1.80% |
| FTSE 100 | 8,309.41 | 33.75 | 0.41% |
| HKSE | 21,562.32 | 167.18 | 0.78% |
| NASDAQ | 16,175.65 | 304.75 | 1.92% |
| Nikkei 225 | 34,220.60 | 59.32 | -0.17% |
| NZX 50 Index | 11,836.69 | 282.30 | -2.33% |
| S&P 500 | 5,246.44 | 88.24 | 1.71% |
| S&P/ASX 200 | 7,816.70 | 2.40 | -0.03% |
| SSE Composite Index | 3,299.76 | 8.32 | 0.25% |