Lazard European Alpha Fund C Inc
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General Objective
The Fund aims for capital growth, net of fees, in excess of the FTSE World Europe ex-UK Index, measured in Sterling over at least 5 years.
Fund Exposure
The Fund will invest at least 80% of its value in equities and equity-related securities of European companies, typically consisting of between 45 to 60 holdings. It may also invest in units or shares of other investment funds and debt related issues of continental European markets.
Risks
Investors should be aware that the Fund may use derivatives for efficient portfolio management and has discretion in selecting investments within the limits of the Investment Objective and Policy. Additionally, income and profits are accumulated in the Fund rather than paid out as dividends, and the Fund's performance is measured against a Benchmark with flexibility to invest in securities and asset classes not included in the Benchmark.