Individual Investors
UK Onshore Fund Range
Fund Overview
Fund Facts
Commentaries
Literature
Management Team Profile
Asset Allocation
Performance

As at 30/09/08

Fund Information
 
Objective‡  
To achieve capital growth whilst maintaining a reasonable yield through diversified investments largely in equity markets with a bias towards UK and international equities, fixed income securities issued by governments, corporations and bank deposits.
 
*Customised Benchmark  
60% FTSE All-Share Index
20% FTSE World ex UK Index
20% FTSE A British All Government Stocks Index
 
Fund Managers  
Alan Custis, Gabrielle Boyle, Ian Smart and teams
 
Launch Date  
1 June 1999
 
Fund Size  
£24.52m
 
Retail Share Class (£2,000 min)  
NAV 93.7p
Current Yield 3.29%
Initial Charge 3.75%
Annual Management Charge** 1.25%
 
Institutional Share Class (£200,000 min)  
NAV 95.0p
Current Yield 3.55%
Initial Charge Nil
Annual Management Charge** 0.75%
 
Ex-Distribution Dates  
31 March, 30 September
 
Sedol Code  
0846828 (Retail)
3159578 (Institutional)
 

Past performance should not be taken as guide to future returns.

Source: Lazard Asset Management Ltd and Lipper Hindsight. Portfolio information as at 30/09/08.

This is a financial promotion and is not intended to constitute investment advice.

The Lazard Managed Balanced Fund is a sub-fund of Lazard Investment Funds, a UK-authorised Open Ended Investment Company (“OEIC”) and UCITS.

Investors are reminded that the value of shares and the income from them can fall as well as rise due to stock market and currency movements. When you sell your investment you may get back less than you originally invested. Fluctuations in the rate of exchange between the currency in which shares are denominated and currency of investment may have the effect of causing the value of investment to diminish or increase.

**50% of the annual management charge is deducted from the capital of the fund. This will increase the income from the fund but may constrain or erode potential capital growth. The increased income will lead to increased potential income tax liability.

The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable.

The Authorised Corporate Director of the fund is Lazard Fund Managers Limited, which is authorised and regulated by the Financial Services Authority (“FSA”) and is a member of IMA.

This financial promotion is issued and approved by Lazard Asset Management Limited, 50 Stratton Street, London W1J 8LL.

Lazard Asset Management Limited is incorporated in England and Wales with registered number 525667. It is authorised and regulated by the Financial Services Authority.

 




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