L&G PMC Lazard Emerging Markets 3

L&G PMC Lazard Emerging Markets G25

Fund code
Price1443.29p
As at21 Nov 2024
Price1434.64p
As at21 Nov 2024

Fund facts

Fund size
£8.5m
Base currency
GBP
Launch date
Oct 2007
Domicile
United Kingdom

As at 30 Sep 2024

Fund aim

Benchmark

ABI Sector

Global Emerging Markets Equities

Charges

Investment management charge1.00%
Additional expenses0.08%
Fund management charge1.08%

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years22.493.01
    5 years33.3523.81
    AnnualisedFundBenchmark
    1 year18.0415.14
    3 years6.990.99
    5 years5.924.36
    Since launch--

    Share class launch date: 28 Nov 2018

    Share class launch date: 31 Oct 2007

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years22.493.01
    5 years33.3523.81
    AnnualisedFundBenchmark
    1 year18.0415.14
    3 years6.990.99
    5 years5.924.36
    Since launch--

    Share class launch date: 28 Nov 2018

    Share class launch date: 31 Oct 2007

    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    FundBenchmark
    2015-22.77-13.29
    201647.9436.67
    201711.6119.00
    2018-5.082.43
    20196.704.09
    2020-14.105.72
    202126.7413.70
    2022-8.78-12.79
    202313.752.59
    202418.0415.14

    Calendar year performance (%)

    FundBenchmark
    20141.334.29
    2015-15.20-9.65
    201642.9433.12
    201716.0725.83
    2018-13.17-8.92
    201913.9214.31
    2020-2.3615.02
    20216.71-1.32
    2022-5.08-9.62
    202315.424.05

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund18.046.995.92-
    Benchmark15.140.994.36-

    Data as at 30.09.2024

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund18.046.995.92-
    Benchmark15.140.994.36-

    Data as at 30.09.2024

    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 30 Sep 2024. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Currency (%)

    HKD18.8
    USD16.1
    TWD10.7
    KRW9.5
    ZAR8.6
    BRL7.1
    CNY5.7
    EUR4.9
    INR4.7
    Other13.9

    Sector (%)

    Financials26.9
    Information Technology16.7
    Consumer Discretionary11.6
    Communication Services9.8
    Consumer Staples7.8
    Industrials6.6
    Materials6.6
    Energy5.6
    Health Care3.8
    Other4.5
    Top 10 holdings23.0
    Rest of portfolio77.0

    Top 10 holdings (%)

    Taiwan Semiconductor Manufac. Co Ltd4.3
    China Construction Bank Corp.2.8
    Alibaba Group Holding Limited2.2
    Indus Towers Limited2.0
    BB Seguridade Participacoes SA2.0
    OTP Bank Nyrt2.0
    Lenovo Group Limited1.9
    Nedbank Group Limited1.9
    ASE Technology Holding Co., Ltd.1.9
    Netease Inc1.9

    Country (%)

    China29.3
    Taiwan10.7
    Brazil10.3
    Korea9.5
    South Africa8.6
    Mexico5.8
    India5.4
    Indonesia4.7
    Hungary3.0
    Other12.6

    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
    1443.29p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    1434.64p
    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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