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Global Neutral Balanced
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Click for more information on Fundata’s ESG Grade
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|
NAVPS (12-05-2025) |
$10.50 |
|---|---|
| Change |
-$0.09
(-0.85%)
|
As at October 31, 2025
As at October 31, 2025
As at October 31, 2025
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Inception Return (November 04, 2014): 4.94%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 1.02% | 6.40% | 11.45% | 11.20% | 13.06% | 16.32% | 12.18% | 5.94% | 6.43% | 5.23% | 5.68% | 4.85% | 5.44% | 4.89% |
| Benchmark | 1.71% | 6.86% | 13.93% | 12.08% | 15.49% | 18.78% | 15.08% | 7.46% | 7.99% | 7.83% | 8.39% | 7.39% | 7.54% | 7.46% |
| Category Average | 0.98% | 5.03% | 10.69% | 9.77% | 11.48% | 15.41% | 11.30% | 5.11% | 7.16% | 6.24% | 6.64% | 5.57% | 5.84% | 5.65% |
| Category Rank | 1,049 / 1,754 | 367 / 1,748 | 823 / 1,744 | 592 / 1,717 | 665 / 1,712 | 750 / 1,651 | 689 / 1,603 | 676 / 1,475 | 987 / 1,333 | 1,023 / 1,258 | 950 / 1,168 | 801 / 1,040 | 580 / 911 | 657 / 831 |
| Quartile Ranking | 3 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 3 | 4 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.47% | -0.77% | 3.34% | 0.52% | -1.50% | -2.50% | 1.67% | 1.64% | 1.37% | 2.10% | 3.16% | 1.02% |
| Benchmark | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% |
6.87% (January 2015)
-4.27% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.81% | -0.24% | 9.75% | -1.21% | 9.97% | 1.87% | 7.91% | -10.81% | 7.45% | 14.34% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 2 | 4 | 1 | 1 | 4 | 4 | 3 | 3 | 4 | 2 |
| Category Rank | 308/ 739 | 834/ 847 | 125/ 924 | 221/ 1,069 | 1,074/ 1,182 | 1,224/ 1,272 | 958/ 1,359 | 826/ 1,501 | 1,328/ 1,609 | 568/ 1,662 |
14.34% (2024)
-10.81% (2022)
| Name | Percent |
|---|---|
| US Equity | 46.19 |
| International Equity | 18.73 |
| Foreign Government Bonds | 18.09 |
| Foreign Corporate Bonds | 7.97 |
| Cash and Equivalents | 4.79 |
| Other | 4.23 |
| Name | Percent |
|---|---|
| Fixed Income | 28.13 |
| Technology | 19.88 |
| Financial Services | 10.49 |
| Healthcare | 6.67 |
| Consumer Services | 6.44 |
| Other | 28.39 |
| Name | Percent |
|---|---|
| North America | 65.26 |
| Europe | 22.28 |
| Asia | 9.42 |
| Latin America | 2.15 |
| Africa and Middle East | 0.73 |
| Other | 0.16 |
| Name | Percent |
|---|---|
| NVIDIA Corp | 3.22 |
| Amazon.com Inc | 2.99 |
| CASH | 2.87 |
| Apple Inc | 2.44 |
| Microsoft Corp | 2.20 |
| Alphabet Inc Cl C | 1.60 |
| Merck & Co Inc | 1.18 |
| Lockheed Martin Corp | 1.16 |
| Novartis AG | 1.16 |
| Philip Morris International Inc | 1.15 |
Lazard Global Balanced Income Fund - Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.32% | 7.18% | 6.59% |
|---|---|---|---|
| Beta | 0.84% | 0.85% | 0.85% |
| Alpha | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.90% | 0.91% | 0.89% |
| Sharpe | 1.23% | 0.53% | 0.48% |
| Sortino | 2.57% | 0.73% | 0.44% |
| Treynor | 0.09% | 0.05% | 0.04% |
| Tax Efficiency | 85.64% | 72.32% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.30% | 6.32% | 7.18% | 6.59% |
| Beta | 0.91% | 0.84% | 0.85% | 0.85% |
| Alpha | -0.01% | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.89% | 0.90% | 0.91% | 0.89% |
| Sharpe | 1.54% | 1.23% | 0.53% | 0.48% |
| Sortino | 2.79% | 2.57% | 0.73% | 0.44% |
| Treynor | 0.11% | 0.09% | 0.05% | 0.04% |
| Tax Efficiency | 87.43% | 85.64% | 72.32% | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | November 04, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $10 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BIP185 | ||
| BIP280 | ||
| BIP285 |
The fundamental investment objective of Lazard Global Balanced Income Fund is to achieve long-term capital appreciation and to generate income by investing primarily in the equity and debt securities of issuers based around the globe. By combining equity and debt and periodically readjusting allocations, the Fund seeks to create a lower volatility pattern of returns when compared to global equities.
Lazard employs a team based approach in the management of the Fund. Lazard's strategy is founded on the philosophy that an understanding of the current economic environment can be coupled with research into the drivers of (and risks to) outperformance in the strategies it utilizes to create a portfolio aligned with the current economic cycle.
| Portfolio Manager |
Brandes Investment Partners & Co. |
|---|---|
| Sub-Advisor |
Lazard Asset Management (Canada) Inc.
Lazard Asset Management LLC |
| Fund Manager |
Brandes Investment Partners & Co. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
International Financial Data Services (Canada) Ltd |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.15% |
|---|---|
| Management Fee | 1.65% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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