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LAZARD UK OMEGA R - Fund overview

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Overview of LAZARD UK OMEGA R

Tony Willis and team have developed an in-house system for stock screening and then rely heavily on in-house qualitative research to pick the best stocks. This process has a successful track record through the Lazard UK Alpha, although the Omega fund is a more focused portfolio with a bias away from mega caps towards mid sized companies.

Standard Initial Charge

3.75% 0.00%

Invest via Bestinvest

to save 3.75%

Fund summary

Sector  UK All Companies
Product type  OEIC
Launched  February, 2005
Size  £2m
Yield 1.2%
Charging basis  –
Dividends paid  –
Bid price(inc) 126.40p
Bid price(acc) 133.10p

Fund Charges

Standard Initial charge 3.75%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.77%
Reduction in yield (10yr) 1.77%

Bestinvest says


No information available.

Portfolio

lazard uk omega r asset allocation illustration
Allocation Proportion
Equity 95%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 5%
lazard uk omega r equity geographic illustration
Allocation Proportion
UK 100%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
lazard uk omega r equity capitalisation illustration
Allocation Proportion
Large Caps 59%
Mid Caps 36%
Small Caps 5%

Investment process


A more focused portfolio than Lazard's UK Alpha, the Omega fund is run along the same lines by the same team. The team, led by Tony Willis have identified their main strength as stock picking. Through the use of their in-house developed "Present Value Model", a form of discounted cash-flow, the process begins with this screening for possible investment opportunities. The Omega fund's objective is to produce an absolute return, however, it is an equity fund holding a concentrated portfolio of stocks. The portfolio will have a mid cap bias because of the team's reluctance to invest in what Lazard term as 'mega cap fillers'. On a stock level the fund will take an unconstrained approach, but aims to achieve absolute diversification through subdivision of the FTSE All Share into 10 sectors, where holding limits apply.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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