Lazard European Alpha Income Units
At a glance
| Initial charge | 3.75% |
|---|---|
| Initial saving | 3.75% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.57% |
| Launch date | 27-08-1986 |
| Launch price | £0.50 |
| Sector | Europe Excluding UK |
| Fund size | £136 million |
| Number of holdings | 53 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Aaron Barnfather
Located in: London
Aaron Barnfather is a senior portfolio manager and leads the portfolio management team in London who are responsible for the management of European equities. He began working in the investment field in 1994. Prior to joining Lazard in 2008, Aaron was a Senior Portfolio Manager and lead manager on Newton Investment Management's pan-European portfolios, launching the Newton European Higher Income fund in 2007. Prior to Newton, he held positions at Royal & Sun Alliance Investment Management on the UK, International and European Equity teams. He has a BA in Business Studies from the University of East London and an MSc in Investment Analysis from Stirling University. Aaron is a member of the UK Society of Investment Professionals (UKSIP).
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Income details
| Historic yield | 1.04% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 April 2008 |
|---|---|
| Payment date ³ | 31 May 2008 |
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Top 10 holdings
| Nestle S.A. | 5.63% |
|---|---|
| Roche Holding AG Part. Cert. | 5.02% |
| Total S.A. | 4.98% |
| GDF SUEZ | 4.45% |
| Novartis AG | 4.29% |
| UBS AG | 3.46% |
| France Telecom | 3.29% |
| BNP Paribas S.A. | 3.16% |
| E.ON AG | 2.95% |
| Allianz SE | 2.56% |
Top 10 sectors
| Banks | 13.71% |
|---|---|
| Pharmaceuticals & Biotechnology | 13.01% |
| Nonlife Insurance | 7.52% |
| Gas, Water & Multiutilities | 7.40% |
| Food Producers | 7.11% |
| Fixed Line Telecommunications | 6.93% |
| Oil & Gas Producers | 6.81% |
| Technology Hardware & Equipment | 4.13% |
| Chemicals | 3.75% |
| Electronic & Electrical Equipment | 3.39% |
Top 10 countries
| France | 25.02% |
|---|---|
| Switzerland | 23.86% |
| Germany | 21.06% |
| Italy | 6.38% |
| Greece | 5.30% |
| Finland | 5.00% |
| Cash and Equiv. | 2.96% |
| Ireland | 2.28% |
| Sweden | 1.83% |
| Spain | 1.77% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 31/10/2008.
