Lazard Defensive Global Dividend Fund Series F (CAD)
- Distribution Frequency: Monthly
- Number of Holdings: 196
- Total Net Assets: C$45 M
REASONS TO OWN
The Lazard Defensive Global Dividend Fund seeks to deliver, steady, above market returns while generating an attractive level of dividend income. The Fund invests in developed global markets and is fully diversified across sectors, industries, capitalizations, and geographies. Through the use of portfolio construction techniques and extensive risk management the Fund seeks to reduce the draw down potential that is typical of long only equity portfolios.
Features
- Invests in financially stable stocks with historically consistent earnings
- Uses a mosaic of investment factors: value, sentiment, growth, quality, dividend stability & yield
- Fully diversified with extensive risk management
- Only invests in developed markets
- 5% targeted annual distribution, paid monthly
Benefits
- Can participate in normal and up markets while protecting in down markets
- Provides a lower volatility pattern of returns
- Suitable as a core global equity allocation
- Minimizes exposure to macro-economic risks
- Provides a monthly income stream
Fund performance is not available for funds with a history of less than one year.
Portfolio Sub-Advisors
Fundserv : BIP
Fund Number | |||
---|---|---|---|
Series | Sales Option | C$ | US$ |
A | SC | 430 | 440 |
A | DSC | 431 | 446 |
A | LL | 432 | 442 |
AH | SC | 450 | - |
AH | DSC | 474 | - |
AH | LL | 452 | - |
F | - | 433 | 443 |
FH | - | 453 | - |
TOP 10 COUNTRIES
Country | |
---|---|
United States | 56.9 % |
Japan | 15.6 % |
Switzerland | 4.0 % |
Canada | 4.0 % |
United Kingdom | 3.1 % |
Netherlands | 2.3 % |
Australia | 2.2 % |
Denmark | 2.0 % |
Norway | 1.7 % |
Hong Kong | 1.5 % |
Total | 93.3 % |
Total # of Countries | 19 |
TOP 10 POSITIONS
Security | |
---|---|
Procter & Gamble Co. | 1.7 % |
Johnson & Johnson Inc. | 1.6 % |
Swisscom AG | 1.5 % |
Republic Services Inc. | 1.5 % |
Clorox Company | 1.4 % |
Verizon Communications Inc. | 1.4 % |
Novartis AG | 1.3 % |
Merck & Co. Inc. | 1.3 % |
Novo Nordisk A/S B | 1.3 % |
Kimberly-Clark Corp. | 1.3 % |
Top 10 Total | 14.3 % |
Total # of Securities | 196 |
SECTOR EXPOSURE
Sector | |
---|---|
Consumer Staples | 19.4 % |
Health Care | 16.3 % |
Communication Services | 11.5 % |
Utilities | 10.8 % |
Financials | 9.4 % |
Industrials | 8.7 % |
Information Technology | 6.8 % |
Consumer Discretionary | 6.8 % |
Real Estate | 5.4 % |
Materials | 3.4 % |
Other | 1.4 % |
Total | 100.0 % |
ASSET MIX
Asset breakdown | |
---|---|
Global Equity | 94.9 % |
Canadian Equity | 4.0 % |
Other | 1.1 % |
Total | 100.0 % |
REGIONAL MIX
Region | |
---|---|
North America | 60.9 % |
Asia | 21.3 % |
Europe | 16.5 % |
Middle East | 0.2 % |
Other | 1.1 % |
Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Lazard Defensive Global Dividend Fund
Manager Commentary - Lazard
Prospectus Documents (page)
Portfolio Listings - Lazard Defensive Global Dividend Fund
Interim MRFP - Lazard Defensive Global Dividend Fund
MRFP - Lazard Defensive Global Dividend Fund
Monthly Profile Sheet - Lazard Defensive Global Dividend Fund - Series F
Monthly Profile Sheet - Lazard Defensive Global Dividend Fund - Series FH
Monthly Profile Sheet - Lazard Defensive Global Dividend Fund - Series A
Monthly Profile Sheet - Lazard Defensive Global Dividend Fund - Series AH
The Fund is relying on Ontario Instrument 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds in order to
extend the prospectus renewal timing requirements set out in section 62 of the Securities Act (Ontario) by up to 45 days. The current lapse date of the Fund
is May 13, 2020.