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Global Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (08-01-2025) |
$9.97 |
---|---|
Change |
-$0.06
(-0.64%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (November 04, 2014): 4.35%
Row Heading | Return | Annualized Return | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
Fund | 1.64% | 0.75% | 3.10% | 3.10% | 10.18% | 11.06% | 9.52% | 4.25% | 4.85% | 4.23% | 4.20% | 4.43% | 4.79% | 4.17% |
Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.13% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
Category Rank | 1,215 / 1,785 | 1,591 / 1,739 | 1,087 / 1,737 | 1,087 / 1,737 | 1,032 / 1,718 | 711 / 1,650 | 938 / 1,590 | 852 / 1,446 | 1,131 / 1,320 | 1,091 / 1,263 | 962 / 1,137 | 777 / 1,014 | 664 / 918 | 630 / 798 |
Quartile Ranking | 3 | 4 | 3 | 3 | 3 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 3.38% | 0.53% | 1.21% | -0.08% | 2.47% | -0.77% | 3.34% | 0.52% | -1.50% | -2.50% | 1.67% | 1.64% |
Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
6.87% (January 2015)
-4.27% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 5.81% | -0.24% | 9.75% | -1.21% | 9.97% | 1.87% | 7.91% | -10.81% | 7.45% | 14.34% |
Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
Quartile Ranking | 2 | 4 | 1 | 1 | 4 | 4 | 3 | 3 | 4 | 2 |
Category Rank | 319/ 762 | 856/ 869 | 128/ 948 | 226/ 1,087 | 1,095/ 1,204 | 1,244/ 1,294 | 933/ 1,380 | 848/ 1,522 | 1,347/ 1,629 | 564/ 1,682 |
14.34% (2024)
-10.81% (2022)
Name | Percent |
---|---|
US Equity | 38.61 |
Foreign Government Bonds | 23.59 |
International Equity | 17.09 |
Foreign Corporate Bonds | 11.29 |
Cash and Equivalents | 6.16 |
Other | 3.26 |
Name | Percent |
---|---|
Fixed Income | 36.35 |
Technology | 12.70 |
Financial Services | 9.46 |
Cash and Cash Equivalent | 6.16 |
Healthcare | 5.91 |
Other | 29.42 |
Name | Percent |
---|---|
North America | 61.86 |
Europe | 22.89 |
Asia | 12.44 |
Latin America | 2.23 |
Africa and Middle East | 0.58 |
Name | Percent |
---|---|
CASH | 2.76 |
Amazon.com Inc | 2.08 |
NVIDIA Corp | 2.07 |
Microsoft Corp | 1.66 |
United States Treasury 4.13% 15-Nov-2032 | 1.45 |
Apple Inc | 1.36 |
United States Treasury 3.63% 15-Feb-2053 | 1.24 |
Novartis AG | 1.14 |
Lockheed Martin Corp | 1.07 |
Portugal Government 1.65% 16-Jul-2032 | 1.06 |
Lazard Global Balanced Income Fund - Series A
Median
Other - Global Neutral Balanced
Standard Deviation | 6.88% | 7.10% | 6.77% |
---|---|---|---|
Beta | 0.84% | 0.84% | 0.86% |
Alpha | -0.01% | -0.01% | -0.02% |
Rsquared | 0.92% | 0.91% | 0.89% |
Sharpe | 0.78% | 0.35% | 0.38% |
Sortino | 1.58% | 0.41% | 0.27% |
Treynor | 0.06% | 0.03% | 0.03% |
Tax Efficiency | 81.39% | 62.93% | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.36% | 6.88% | 7.10% | 6.77% |
Beta | 0.90% | 0.84% | 0.84% | 0.86% |
Alpha | -0.01% | -0.01% | -0.01% | -0.02% |
Rsquared | 0.88% | 0.92% | 0.91% | 0.89% |
Sharpe | 1.03% | 0.78% | 0.35% | 0.38% |
Sortino | 2.02% | 1.58% | 0.41% | 0.27% |
Treynor | 0.07% | 0.06% | 0.03% | 0.03% |
Tax Efficiency | 83.47% | 81.39% | 62.93% | - |
Start Date | November 04, 2014 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $10 |
FundServ Code | Load Code | Sales Status |
---|---|---|
BIP185 | ||
BIP280 | ||
BIP285 |
The fundamental investment objective of Lazard Global Balanced Income Fund is to achieve long-term capital appreciation and to generate income by investing primarily in the equity and debt securities of issuers based around the globe. By combining equity and debt and periodically readjusting allocations, the Fund seeks to create a lower volatility pattern of returns when compared to global equities.
Lazard employs a team based approach in the management of the Fund. Lazard's strategy is founded on the philosophy that an understanding of the current economic environment can be coupled with research into the drivers of (and risks to) outperformance in the strategies it utilizes to create a portfolio aligned with the current economic cycle.
Portfolio Manager |
Brandes Investment Partners & Co. |
---|---|
Sub-Advisor |
Lazard Asset Management (Canada) Inc. Lazard Asset Management LLC |
Fund Manager |
Brandes Investment Partners & Co. |
---|---|
Custodian |
State Street Trust Company Canada |
Registrar |
International Financial Data Services (Canada) Ltd |
Distributor |
- |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 1,000 |
PAC Subsequent | 100 |
SWP Allowed | Yes |
SWP Min Balance | 10,000 |
SWP Min Withdrawal | 100 |
MER | 2.15% |
---|---|
Management Fee | 1.65% |
Load | Choice of Front or No Load |
FE Max | 5.00% |
DSC Max | 5.50% |
Trailer Fee Max (FE) | 1.00% |
Trailer Fee Max (DSC) | 1.00% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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