Lazard Nordic High Yield Bond Fund A Dist EUR
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General Objective
The Lazard Nordic High Yield Bond Fund aims to maximize total return from income and capital growth.
Fund Exposure
The fund is actively managed and may invest in a diversified portfolio of high yielding fixed and floating rate debt securities issued or guaranteed by corporates, sovereigns, governments, and quasi-governmental bodies in Scandinavian countries. These securities may be denominated in local Scandinavian currencies or in hard currencies of the G7 nations.
Risks
Risks associated with this fund include credit risk, interest rate risk, currency risk, and the potential for leverage through the use of derivatives. Additionally, the fund's performance is not measured against a benchmark, and income and profits are accumulated in the fund rather than paid out as dividends.