24 Apr 2018 11:00
Lazard World Trust Fund: New research
24/04/2018
A fund of investment trusts offering a yield of 3.5%, managed by an experienced team with significant resources...
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Highlights:
· A value-oriented investment trust that aims for capital growth from a portfolio of companies which trade at a discount to their underlying NAV
· The fund's underlying investments are priced at an average discount of -23.1% to NAV which, combined with the trust's own share price discount of -5.9%, equates to an effective discount of -27.6%
· A solid performance in recent years and a sturdy dividend yield of 3.5%
· Currently overweight emerging markets, and positioned for a continued global recovery
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Lazard World Trust Fund is a client of Kepler Trust Intelligence. This material should be considered a marketing communication, and is not independent research.
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