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Lazard MENA Class A - Accumulation (USD)

Sell:14,016.39p Buy:14,016.39p Change: 61.86p (0.44%)
Prices as at 22 July 2019
Sell:14,016.39p
Buy:14,016.39p
Change: 61.86p (0.44%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 22 July 2019
Sell:14,016.39p
Buy:14,016.39p
Change: 61.86p (0.44%)
Prices as at 22 July 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.60%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.60%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Fadi Al Said
Fund launch date: 3 July 2013
Sector: N/A
Fund size: £27 million
Number of holdings: 50
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 21:00
Trustee: BNY Mellon Trust Company (Ireland) Ltd
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

23/07/14 to 23/07/15 23/07/15 to 23/07/16 23/07/16 to 23/07/17 23/07/17 to 23/07/18 23/07/18 to 23/07/19
Annual return 9.01% -1.94% 29.05% 19.44% 3.51%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Fund Objective

The investment objective of the Fund is to seek long-term capital growth

Income Details

Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 1 October 2019 1 April 2020
Payment date: 14 October 20194 14 April 20204

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
RAYA CONTACT CENTER 6.58%
MALATH COOPERATIVE INSURANCE & REIN 4.59%
UNITED INTERNATIONAL TRANSPO 4.30%
DP WORLD LTD 4.26%
ALUJAIN CORP 4.05%
HUMAN SOFT HOLDING CO. 3.83%
ABU DHABI NATIONAL OIL CO 3.66%
ADES INTL HLDG 3.42%
ABU DHABI COMMERCIAL BANK 3.38%
C I CAPITAL HLDG 3.31%
Sector Weight
Banks 12.93%
Chemicals 12.79%
Industrial Support Services 10.41%
Non-Renewable Energy 8.62%
Real Estate Investment & Services 6.91%
Food Producers 6.38%
Industrial Transportation 6.27%
Alternative Trading Strategies 5.68%
Non-life Insurance 4.59%
Consumer Services 4.30%
Country Weight
United Arab Emirates 29.80%
Saudi Arabia 28.03%
Egypt 16.28%
Kuwait 8.26%
Oman 5.91%
Luxembourg 5.68%
Managed Funds 2.64%
Direct Property and REITs 1.82%
Netherlands 1.58%
Non-Classified 0.00%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 22 July 2019. Data provided by Funds Library, correct as at 30 June 2019.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.