Lazard Defensive Global Dividend Fund Series F (CAD)
- Distribution Frequency: Monthly
- Number of Holdings: 204
- Total Net Assets: C$33 M
REASONS TO OWN
Features
- Invests in financially stable stocks with historically consistent earnings
- Uses a mosaic of investment factors: value, sentiment, growth, quality, dividend stability & yield
- Fully diversified with extensive risk management
- Only invests in developed markets
- 5% targeted annual distribution, paid monthly
Benefits
- Can participate in normal and up markets while protecting in down markets
- Provides a lower volatility pattern of returns
- Suitable as a core global equity allocation
- Minimizes exposure to macro-economic risks
- Provides a monthly income stream
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | C$ | US$ | |
| A | 430 | 440 | |
| AH | 450 | - | |
| F | 433 | 443 | |
| FH | 453 | - | |
Inception: May 22 2020|Series F (CAD)|MER: 1.07 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|
| Lazard Defensive Global Dividend Fund | -1.33 | -0.74 | 3.36 | -3.38 | 9.15 | 7.53 | ||
| MSCI World Index | -6.18 | -7.72 | -8.55 | -12.01 | 0.24 | 13.60 | ||
| Calendar Year Performance (%) | 2021 | ||
|---|---|---|---|
| Lazard Defensive Global Dividend Fund | 17.40 | ||
| MSCI World Index | 20.78 | ||
As of: April 30, 2022
$11,513.00GROWTH OF $10,000 SINCE INCEPTION
Summary of Investment Portfolio as of April 30, 2022
TOP 10 COUNTRIES
| Country | |
|---|---|
| United States | 61.5 % |
| Japan | 11.0 % |
| Canada | 6.5 % |
| United Kingdom | 5.7 % |
| Australia | 3.1 % |
| Switzerland | 2.7 % |
| Denmark | 1.8 % |
| France | 0.8 % |
| New Zealand | 0.7 % |
| Belgium | 0.7 % |
| Total | 94.5 % |
| Total # of Countries | 18 |
TOP 10 POSITIONS
| Security | |
|---|---|
| Cash & Cash Equivalent | 2.0 % |
| Procter & Gamble Co. | 1.7 % |
| Loblaw Companies Ltd. | 1.7 % |
| Tokyo Gas Co Ltd | 1.6 % |
| Novo Nordisk A/S B | 1.6 % |
| Johnson & Johnson Inc. | 1.5 % |
| Colgate Palmolive Co | 1.5 % |
| Microsoft Corp. | 1.5 % |
| Metro Inc. | 1.5 % |
| McDonald's Corp. | 1.4 % |
| Top 10 Total | 16.0 % |
| Total # of Securities | 204 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Consumer Staples | 19.1 % |
| Health Care | 16.8 % |
| Information Technology | 11.9 % |
| Communication Services | 10.2 % |
| Financials | 8.8 % |
| Utilities | 8.7 % |
| Industrials | 6.5 % |
| Consumer Discretionary | 6.4 % |
| Real Estate | 5.5 % |
| Materials | 2.1 % |
| Other | 3.9 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Global Equity | 91.4 % |
| Canadian Equity | 6.5 % |
| Other | 2.2 % |
| Total | 100.0 % |
REGIONAL MIX
| Region | |
|---|---|
| North America | 68.0 % |
| Asia | 15.7 % |
| Europe | 13.9 % |
| Middle East | 0.3 % |
| Other | 2.1 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. As manager of the Bridgehouse Funds, Bridgehouse has hired certain portfolio sub-advisors to the Funds. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. Bridgehouse and its sub-advisors have taken reasonable steps to provide accurate and current data. The data has been gathered from sources believed to be reliable, however Bridgehouse and/or its sub-advisors are not responsible for any errors or omissions contained herein. The foregoing reflects the thoughts, opinions and/or investment strategies of Bridgehouse and/or its sub-advisors, which are subject to change at their discretion and without prior notice, based on changing market dynamics or other considerations. Securities mentioned herein are not to be construed as a recommendation to buy or sell. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Performance is shown for the class selected.Performance is net of fees unless otherwise indicated.Indices are unmanaged and cannot be directly invested into. MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.
