Lazard UK Omega Inclusive - Class B - Income (GBP)

Sell:217.25p Buy:217.25p Change:

1.89p (0.88%)

Prices as at 25 February 2021

Sell:217.25p

Buy:217.25p

Change:

1.89p (0.88%)

You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

Prices as at 25 February 2021

Sell:217.25p

Buy:217.25p

Change:

1.89p (0.88%)

Prices as at 25 February 2021

You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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:	3.75%
Initial saving from HL:	3.75%
HL dealing charge:	Free
Net initial charge:	0.00%

How initial savings affect the buy price

Annual charges

Performance fee:

Ongoing charge (OCF/TER):

1.55%

Ongoing saving from HL:

0.75% i

Net ongoing charge:

0.80%

There are other unit types of this fund available:

Inclusive - Class B - Accumulation (GBP)	(Net ongoing charge 0.80%)
Class EA - Accumulation (GBP)	(Net ongoing charge 0.55%)

HMRC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held in nominee accounts, such as our Fund & Share Account, should be subject to income tax. Loyalty bonuses paid on funds in ISAs and SIPPs are unaffected, and they remain tax-free.

We believe all loyalty bonuses are tax-free and we are challenging HMRC's interpretation. However, while we make this challenge we are paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC.

If loyalty bonuses are taxable then the value of our ongoing saving to you could be reduced, depending on the rate of tax you pay. The below table gives an indication of how this may affect you.

In this case, the ongoing saving is 0.75%, of which 0.75% is paid by loyalty bonus. The tax that could be payable on this loyalty bonus, and therefore the value of this saving to you, is shown below.

	Non-taxpayer	Basic rate taxpayer	Higher rate taxpayer	Additional rate taxpayer
Ongoing saving from HL:	0.75%	0.75%	0.75%	0.75%
Loyalty bonus:	0.75%	0.75%	0.75%	0.75%
Tax on loyalty bonus:	0.00%	0.15%	0.3%	0.3375%
Value of ongoing saving to you:	0.75%	0.6%	0.45%	0.4125%

Tax rules can change and benefits depend on individual circumstances. Please remember loyalty bonuses received on funds held in the Vantage ISA or Vantage SIPP are exempt from tax.

Also, loyalty bonuses received by overseas investors, companies and charities are not required to be paid with the deduction of tax. Therefore, if you are an overseas investor, or you represent a company or charity please let us know if you would like your loyalty bonuses paid without the deduction of an amount equivalent to the basic rate tax.

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.

HL Guide to fund prices, savings and yields

Please also read the Key Investor Information Document (KIID)

Other Information

Unit type:	Inclusive
Manager:	Alan Custis Alan Custis
Fund launch date:	25 February 2005
Launch price:	£1.00
Sector:	UK All Companies
Fund size:	£264 million
Number of holdings:	39
Fund type:	OEIC
Accumulation/income:	Income
Dealing frequency:	Daily
Valuation point:	12:00
Trustee:	State Street Trustees Limited
Minimum investment:	£100.00
Charges deducted from:	Income
Available in a regular savings plan:	No
Minimum regular savings value:	n/a

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Performance

	25/02/16 to 25/02/17	25/02/17 to 25/02/18	25/02/18 to 25/02/19	25/02/19 to 25/02/20	25/02/20 to 25/02/21
Annual return	26.96%	6.23%	-3.35%	1.53%	0.01%

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 Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

To achieve long term capital growth through a portfolio of primarily UK listed securities. Investment may also be made in securities of companies with significant sources of profit from or close economic links with the UK. The fund will normally hold a concentrated portfolio with an objective of achieving an absolute return.* There will be no direct connection to any specific index although comparison is made against the FTSE All-Share Index for reporting purposes. *The Manager will not make use of short positions, gearing or strategic cash holdings therefore investors' capital may be at risk.

Income Details

Historic yield :	1.19%
Income paid:	Bi-annually
Type of payment:	Dividend
Ex-dividend date:	1 April 2021 1 October 2021
Payment date:	31 May 2021⁴ 30 November 2021⁴

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. Information correct as at 31 December 2020.

Security	Weight
ASTRAZENECA	7.04%
BP	6.66%
UNILEVER	5.69%
RIO TINTO	4.48%
TESCO	4.08%
BARCLAYS	4.04%
DIAGEO	4.00%
BRITISH AMERICAN TOBACCO	3.88%
VODAFONE GROUP	3.71%
3i Group Plc 3i Group Plc Ord GBP0.738636	3.27%

Sector	Weight
Personal Care, Drug & Grocery Stores	12.35%
Banks	8.96%
Pharmaceuticals & Biotechnology	7.04%
Beverages	6.70%
Non-Renewable Energy	6.66%
Industrial Support Services	5.29%
Media	4.66%
Industrial Metals & Mining	4.48%
Tobacco	3.88%
Telecommunications Service Providers	3.71%

Country	Weight
United Kingdom	90.33%
Switzerland	2.70%
Ireland	2.57%
Non-Classified	2.21%
Managed Funds	2.01%
Cash and Equiv.	0.19%

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 25 February 2021. Data provided by Funds Library, correct as at 31 January 2021.

You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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.

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Alan Custis
Manager start date	13/03/2004
Manager located in	London