Source: Lipper Hindsight, Bid to Bid Price, Net Income Reinvested, Net of Fees. Past performance is not a reliable indicator of future results. *Performance data for periods less than 1 year is illustrated on a cumulative growth basis.
Annualised return 5 years to 31/07/2010 (Offer Price to Bid Price) 3.5
Source: Lipper Hindsight, Cumulative Growth, Bid to Bid Price, Net of fees, Net Income Reinvested to 31/07/2010 in GBP.
All data contained herein are sourced by Lazard Asset Management or affiliates unless otherwise noted as at 31/07/2010.
This is a financial promotion and is not intended to constitute investment advice.
The Lazard European Alpha Fund is a sub-fund of Lazard Investment Funds, a UK-authorised Open Ended Investment Company (“OEIC”) and UCITS. The Authorised Corporate Director of the Lazard European Alpha Fund is Lazard Fund Managers Limited, which is authorised and regulated by the Financial Services Authority (“FSA”) and is a member of IMA.
Past performance is not a reliable indicator of future results.
Investors are reminded that the value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your investment you may get back less than you originally invested.
Changes in the rate of exchange between the currency in which shares are denominated and the currency of investment may have the effect of causing the value of your investment to fluctuate.
Any yield quoted is gross and is not guaranteed. It is subject to fees, taxation and charges within the fund and the investor will receive less than the gross yield.
In view of the concentrated nature of the fund, the level of risk is expected to be higher than for a fund with a broader range of investments.
The information provided should not be considered a recommendation or solicitation to purchase, retain or sell any particular security. It should also not be assumed that any investment in these securities was or will be, profitable.