Tap into an industrial revolution – Lazard Emerging Markets Fund
Emerging markets account for three quarters of the globe by land mass, and over 80% of the world’s population. These are young, growing populations eager to accumulate wealth and become consumers.
The countries covered by the Lazard Emerging Markets Fund contain 90% of the world’s oil and gas reserves, 70% of the world’s coal and 60% of its copper, nickel and iron ore.
During 2009, the combined imports of Brazil, Russia, India and China surpassed the USA for the first time, indicating that the region will reduce global dependence on the US consumer.
While emerging market investments are not for the faint-hearted and volatility in the short-term can be expected, the potential gains are excellent. Emerging market investments included in London’s Investment Management Association’s listings rose by an average of 70% during 2009. This was attributed to the massive industrial revolution now taking place.
Generally speaking, an emerging markets investment fund is a good choice for those with a longer investment horizon. Younger people investing in a pension fund, for example, may find an emerging markets investment fund a particularly attractive option.
Where does the Lazard Emerging Markets Fund invest?
The Lazard Emerging Markets Fund did not disappoint of late, with a rise of 68% in the year to December 2009. It achieved this by investing in a range of top companies riding the growth wave in Brazil, Turkey, Taiwan, India, and other emerging markets.
The investment fund currently (April 2010) lists as its top holdings Banco do Brasil, Turkiye Is Bankasi ASC, Cielo SA, Redecard, Shinhan Financial, Usinas Siderurgicas de Minas Gerais, Taiwan Semiconductor Manufacturing, Punjab National Bank, LUKOIL (Russia), and Vale SA.
The Lazard Emerging Markets Fund has a strong focus on financials (31.34%), and a good spread over basic materials, consumer goods, industrials, technology, telecoms, oil & gas, and utilities. Equities account for over 93% of the holdings in the investment fund.
Investing in the Lazard Emerging Markets Fund
Launched in May 1997, the Lazard Emerging Markets Fund currently has £725m under management.
The investment fund has an initial charge of 3.75% and an annual management fee of 1.5%.
Are you interested in investing in the Lazard Emerging Markets Fund or in one of our Principle First Fund Portfolios? Make an investment enquiry or ring freephone 0800 678 5929 now.
