Summary
The Lazard Asia ex-Japan Equity Strategy seeks to achieve total annual returns that exceed those of the MSCI Asia (ex-Japan) Index over a complete market cycle. The strategy is driven by stock-selection based on fundamental research and analysis, and is unconstrained by style. The number of holdings range from 45 to 75 across the full market capitalization spectrum.
Primary Benchmark
MSCI All Country Asia ex-Japan Index
Fund Assets Under Management*
Strategy Assets Under Management*
US$ 1,3 millones
Distribution Date
Inception
01-Mar-2013
Minimum Investment
Ticker
CUSIP
ISIN
APIR
Maximum Initial Charge
SEDOL
Valoren
Annual Management Charge (%)
SFDR Category
Type | Lazard |
---|---|
Alpha (trailing 3 years) | 0.49 |
Beta (%, trailing 3 years) | 0.93 |
Tracking Error (trailing 3 years) | 3.48 |
R-squared (%, trailing 3 years) | 0.97 |
Standard Deviation (%, trailing 3 years) | 18.24 |
Sharpe Ratio (trailing 3 years) | -0.16 |
28-Feb-2025 All values in USD unless otherwise specified Performance Inception: 01-Mar-2013
Performance for periods shorter than one year has not been annualized.
Performance is presented on both a gross of all fees and net of fees basis. The performance quoted represents past performance. Past performance is not a reliable indicator of future results. Additional information on the fees and expenses applied to obtain net performance returns can be accessed by referencing the GIPS compositeopens in a new tab.
-
Distribution Dividend-
dividend-
Sector
|
Lazard (%)
|
MSCI AC Asia ex-Japan
|
Overweight/ Underweight
|
---|---|---|---|
Information Technology | 23,49 | 26,66 | -3.17 |
Financials | 20,38 | 21,83 | -1.45 |
Consumer Discretionary | 17,99 | 15,26 | 2.73 |
Industrials | 13,67 | 7,07 | 6.60 |
Communication Services | 10,67 | 11,02 | -0.35 |
Health Care | 3,28 | 3,48 | -0.20 |
Consumer Staples | 2,74 | 3,63 | -0.89 |
Materials | 2,72 | 3,52 | -0.80 |
Energy | 1,94 | 2,97 | -1.03 |
Real Estate | 1,75 | 2,17 | -0.42 |
Utilities | 0,00 | 2,40 | -2.40 |
Cash | 1,38 | 0,00 | 1.38 |
Geographic
|
Lazard (%)
|
MSCI AC Asia ex-Japan
|
Overweight/ Underweight
|
---|---|---|---|
China | 35,50 | 34,74 | 0.76 |
India | 21,72 | 19,11 | 2.61 |
Taiwan | 17,32 | 21,62 | -4.30 |
Korea | 10,67 | 10,57 | 0.10 |
Hong Kong | 5,68 | 4,84 | 0.84 |
Philippines | 3,34 | 0,55 | 2.79 |
Indonesia | 2,60 | 1,37 | 1.23 |
Thailand | 1,80 | 1,41 | 0.39 |
Cash | 1,38 | 0,00 | 1.38 |
Malaysia | 0,00 | 1,60 | -1.60 |
Singapore | 0,00 | 4,19 | -4.19 |
Market Cap
|
Lazard (%)
|
MSCI AC Asia ex-Japan
|
Overweight/ Underweight
|
---|---|---|---|
Over 200 Bil | 31,05 | 27,00 | 4.05 |
40 - 200 Bil | 30,22 | 26,98 | 3.24 |
10 - 40 Bil | 30,47 | 29,82 | 0.65 |
3 - 10 Bil | 5,08 | 15,73 | -10.65 |
1.2 - 3 Bil | 0,00 | 0,47 | -0.47 |
Cash | 1,38 | 0,00 | 1.38 |
Sector
|
Lazard (%)
|
-
|
Overweight/ Underweight
|
---|---|---|---|
Information Technology | 23,49 | - | - |
Financials | 20,38 | - | - |
Consumer Discretionary | 17,99 | - | - |
Industrials | 13,67 | - | - |
Communication Services | 10,67 | - | - |
Health Care | 3,28 | - | - |
Consumer Staples | 2,74 | - | - |
Materials | 2,72 | - | - |
Energy | 1,94 | - | - |
Real Estate | 1,75 | - | - |
Utilities | 0,00 | - | - |
Cash | 1,38 | - | - |
Geographic
|
Lazard (%)
|
-
|
Overweight/ Underweight
|
---|---|---|---|
China | 35,50 | - | - |
India | 21,72 | - | - |
Taiwan | 17,32 | - | - |
Korea | 10,67 | - | - |
Hong Kong | 5,68 | - | - |
Philippines | 3,34 | - | - |
Indonesia | 2,60 | - | - |
Thailand | 1,80 | - | - |
Cash | 1,38 | - | - |
Malaysia | 0,00 | - | - |
Singapore | 0,00 | - | - |
Market Cap
|
Lazard (%)
|
-
|
Overweight/ Underweight
|
---|---|---|---|
Over 200 Bil | 31,05 | - | - |
40 - 200 Bil | 30,22 | - | - |
10 - 40 Bil | 30,47 | - | - |
3 - 10 Bil | 5,08 | - | - |
1.2 - 3 Bil | 0,00 | - | - |
Cash | 1,38 | - | - |
28-Feb-2025 All values in USD unless otherwise specified
Characteristics
|
Lazard
|
MSCI AC Asia ex-Japan
|
|
---|
28-Feb-2025 All values in USD unless otherwise specified
Investment characteristics are based upon a portfolio that represents the proposed investment for a fully discretionary account.
Unless otherwise noted, characteristics are trailing 12 months.
Top Holdings
|
Lazard (%)
|
Sector
|
---|---|---|
TSMC | 12,24 | Information Technology |
Alibaba | 6,22 | Consumer Discretionary |
Tencent | 6,18 | Communication Services |
Samsung | 3,57 | Information Technology |
China Merchants Bank | 3,39 | Financials |
Shenzhen Inovance Technology | 2,91 | Industrials |
ICBC | 2,84 | Financials |
ASE Technology | 2,82 | Information Technology |
SK hynix | 2,54 | Information Technology |
HDFC Bank | 2,52 | Financials |
28-Feb-2025