L&G PMC Lazard Emerging Markets 3

L&G PMC Lazard Emerging Markets G25

Fund code

Fund facts

Fund size
£10.8m
Base currency
GBP
Launch date
Nov 2018
Domicile
United Kingdom

As at 31 Jan 2024

Fund aim

Benchmark

ABI Sector

Global Emerging Markets Equities

Charges

Investment management charge0.90%
Additional expenses0.08%
Fund management charge0.98%

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Jan 2024

    CumulativeFundBenchmark
    3 years13.26-13.68
    5 years17.7510.59
    AnnualisedFundBenchmark
    1 year6.20-5.79
    3 years4.24-4.79
    5 years3.322.03
    Since launch4.35-

    As at 31 Dec 2023

    CumulativeFundBenchmark
    3 years17.25-7.21
    5 years30.6822.00
    AnnualisedFundBenchmark
    1 year15.534.05
    3 years5.45-2.46
    5 years5.494.05
    Since launch5.02-
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)

    FundBenchmark
    2014--
    2015--
    2016--
    2017--
    2018--
    201914.0414.31
    2020-2.2715.02
    20216.82-1.32
    2022-4.98-9.62
    202315.534.05

    Calendar year performance (%)

    FundBenchmark
    2014--
    2015--
    2016--
    2017--
    2018--
    201914.0414.31
    2020-2.2715.02
    20216.82-1.32
    2022-4.98-9.62
    202315.534.05

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund6.204.243.324.35
    Benchmark-5.79-4.792.03-

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund15.535.455.495.02
    Benchmark4.05-2.464.05-

    Performance for the unit class in GBP, launched on 28 November 2018. Source: Lipper.

    Past performance is not a guide to future returns. The value of your investment and any income taken from it is not guaranteed and may go up and down.

    Performance for the unit class in GBP, launched on 31 October 2007. Source: Lipper.

    Past performance is not a guide to future returns. The value of your investment and any income taken from it is not guaranteed and may go up and down.

    Portfolio

    As at 31 Jan 2024. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Currency (%)

    HKD17.9
    TWD12.5
    USD11.4
    KRW10.9
    BRL8.2
    ZAR7.4
    EUR5.5
    INR5.2
    CNY4.5
    Other16.5

    Sector (%)

    Financials26.3
    Information Technology20.1
    Consumer Discretionary9.5
    Energy8.4
    Communication Services7.8
    Consumer Staples6.3
    Industrials6.2
    Materials6.1
    Health Care3.7
    Other5.7
    Top 10 holdings25.6
    Rest of portfolio74.4

    Top 10 holdings (%)

    Taiwan Semiconductor Manufac. Co Ltd4.0
    China Construction Bank Corp.2.7
    Petroleo Brasileiro SA2.6
    ASE Technology Holding Co., Ltd.2.6
    BB Seguridade Participacoes SA2.5
    Banco do Brasil S.A.2.5
    OTP Bank Nyrt2.5
    Galp Energia, SGPS S.A. Class B2.3
    Lenovo Group Limited2.1
    Sinopharm Group Co., Ltd. Class H1.8

    Country (%)

    China23.7
    Taiwan12.5
    Brazil12.0
    Korea10.9
    South Africa7.4
    India6.3
    Indonesia4.8
    Mexico4.5
    CASH3.7
    Other14.2

    Fund Manager

    James Donald

    James Donald is a Portfolio Manager/Analyst on the Emerging Markets Equity team and Head of the Emerging Markets Group. He is also a member of the International Equity Select with Emerging Markets team. Since joining Lazard in 1996, James has been instrumental in developing and coordinating the emerging markets activities at Lazard. He began working in the investment field in 1983. Prior to joining Lazard, James was a Portfolio Manager with Mercury Asset Management. He has a BA (Hons) in history from the University of Western Ontario. James is a board member of EMpower, a charity of investment professionals focused on adolescents, health care, and women's issues in emerging markets countries, as well as a member of the 20-20 Investments Association, an investor group that is focused on emerging markets.

    Prices

    Name
    GBP
    Price
    1342.47p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    1335.29p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time

    Important Information

    The fund performance provided is: 

    • after all fund charges have been taken, but doesn't include any other product charges. Please see your product literature for more information on charges.
    • assuming all income generated by the investments remains within the fund

    Please bear in mind that past performance is not a guide to future returns. The value of an investment and any income taken from it is not guaranteed and may go down as well as up. You could get back less than you invest.

    Performance data source: Lipper. 

    Index disclaimer

    The MSCI index is the exclusive property of MSCI INC. (“MSCI”). MSCI and the MSCI index name is a service mark of MSCI, or its affiliates, and has been licensed for use for certain purposes by Legal & General Investment Management ("LGIM") and its affiliates. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Description of Funds contains a more detailed description of the limited relationship MSCI has with LGIM and any related funds.

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