Lazard UK Alpha Retail 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 | 1.53% |
| Launch date | 03-11-1999 |
| Launch price | £1.00 |
| Sector | UK All Companies |
| Fund size | £286 million |
| Number of holdings | 50 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
A poor year for both relative and absolute performance. Manager anticipates a further market move out of commodities.Full research
About the Fund Manager
Tony Willis
Located in: London
Tony Willis is a Managing Director of Lazard Asset Management Limited, in London and Head of UK Equities. He is responsible for managing UK equity portfolios and is also a member of our Pan European equity team. Tony joined the Firm in July 1999 and has been working in the investment field since 1982. Previous affiliations include BZW where he became head of pan-European Research in May 1997, and oversaw the integration of that business into CSFB. Prior to that Tony worked in a number of stockbrokers' research departments over a period of 13 years. He gained a degree in Philosophy, Politics and Economics from Oxford in 1982.
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Income details
| Historic yield | 2.52% |
|---|---|
| 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
| Vodafone Group | 8.46% |
|---|---|
| Royal Dutch Shell B | 7.67% |
| GlaxoSmithKline | 6.94% |
| HSBC Holdings PLC (UK Reg) | 6.44% |
| BG Group | 4.69% |
| BP | 4.33% |
| Cairn Energy | 3.87% |
| National Grid | 3.47% |
| Prudential | 3.47% |
| Imperial Tobacco Group | 3.21% |
Top 10 sectors
| Oil & Gas Producers | 22.03% |
|---|---|
| Banks | 11.66% |
| Pharmaceuticals & Biotechnology | 9.04% |
| Mobile Telecommunications | 8.46% |
| Mining | 5.33% |
| Household Goods & Home Construction | 4.89% |
| Life Insurance | 4.17% |
| Travel & Leisure | 3.89% |
| Cash and Equiv. | 3.61% |
| Industrial Engineering | 3.48% |
Top 10 countries
| United Kingdom | 96.39% |
|---|---|
| Cash and Equiv. | 3.61% |
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 03-12-2008. Data accurate as at 31/10/2008.
