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Lazard Global Equity Franchise Hedged S

LAZ4047AU

Lazard Global Equity Franchise Hedged S LAZ4047AU 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

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Listed Investment Companies monthly performance: October 2023

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Active vs. passive in listed real estate

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,405.60 20.90 0.28%
CAC 40 7,483.94 55.42 0.75%
DAX 40 16,674.84 45.85 0.28%
Dow JONES (US) 36,117.38 62.95 0.17%
FTSE 100 7,528.48 14.76 0.20%
HKSE 16,334.37 11.52 -0.07%
NASDAQ 14,339.99 193.28 1.37%
Nikkei 225 32,307.86 550.45 -1.68%
NZX 50 Index 11,495.64 0.97 -0.01%
S&P 500 4,585.59 36.25 0.80%
S&P/ASX 200 7,194.90 21.60 0.30%
SSE Composite Index 2,969.56 3.35 0.11%

Market Movers

Name
Last price
Change
% Change
Pilbara Minerals Ltd PLS 3.71 0.13 3.63%
Santos Ltd STO 7.25 0.42 6.15%
Telstra Group Ltd TLS 3.84 0.00 0.00%
Evolution Mining Ltd EVN 3.60 0.05 -1.37%
Stockland Corp Ltd SGP 4.19 0.01 0.24%
South32 Ltd S32 3.13 0.00 0.00%
Scentre Group SCG 2.79 0.00 0.00%
Orora Ltd ORA 2.64 0.07 2.72%
Mirvac Group MGR 2.11 0.00 0.00%
Woodside Energy Group Ltd WDS 29.81 0.16 -0.53%