C000156259 Performance — Lazard Managed Equity Volatility Portfolio, Open Shares
Data updated: 2024-08-20
C000156259 returned +8.36% over one year to Jun 2024. Annualised returns are +4.21% over 3 years and +4.41% over 5 years. Against its Global Multi-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $113, against $108 for the category, and to $108 over one year, against $112. Volatility over the past three years was 12.44% a year. In the 12 months to Jun 2024 the fund lost a net $3.9M, and assets reached $15.39M.
C000156259 Growth of $100
What $100 invested in Lazard Managed Equity Volatility Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Multi-Cap Blend category average over the same months.
| Period | C000156259 | Category average |
|---|---|---|
| 1 year (Jul 2023 – Jun 2024) | $108 | $112 |
| 3 years (Jul 2021 – Jun 2024) | $113 | $108 |
| 5 years (Jul 2019 – Jun 2024) | $124 | $142 |
C000156259 Trailing Returns
Total returns to Jun 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +8.36% |
| 3 years (annualised) | +4.21% |
| 5 years (annualised) | +4.41% |
C000156259 Annual Returns
Calendar-year total returns of Lazard Managed Equity Volatility Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jun) | +4.71% |
| 2023 | +7.40% |
| 2022 | −6.94% |
| 2021 | +18.61% |
| 2020 | −5.35% |
| 2019 (Jul–Dec) | +5.63% |
C000156259 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +1.9% | +2.0% | +3.1% | −4.2% | +2.6% | −0.7% | — | — | — | — | — | — |
| 2023 | +1.8% | −2.8% | +2.9% | +2.5% | −4.3% | +3.8% | +0.9% | −1.5% | −2.2% | −1.2% | +4.6% | +3.0% |
| 2022 | −4.5% | −1.1% | +3.3% | −4.2% | 0.0% | −4.0% | +3.9% | −4.1% | −7.0% | +6.4% | +6.6% | −1.4% |
| 2021 | −1.3% | −0.5% | +6.6% | +2.4% | +1.5% | +0.8% | +3.0% | +1.9% | −4.3% | +3.2% | −1.9% | +6.3% |
| 2020 | −1.0% | −8.4% | −12.3% | +6.2% | +3.4% | −0.5% | +2.5% | +3.9% | −2.2% | −4.0% | +6.3% | +2.4% |
| 2019 | — | — | — | — | — | — | −0.1% | −0.5% | +1.4% | +1.1% | +1.8% | +1.9% |
C000156259 Risk
Risk measures from monthly returns over Jul 2021 – Jun 2024.
- 3-year volatility (annualised): 12.44%
- 3-year Sharpe ratio: -0.02 (vs 4.5% risk-free rate)
- Best month: +6.60% (Nov 2022)
- Worst month: −6.96% (Sep 2022)
C000156259 Fund Flows
Monthly money in and out of Lazard Managed Equity Volatility Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$3.9M
- 12-month gross sales (incl. reinvestments): $4.0M
- Sales ÷ redemptions: 0.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2024 | $416K | $1.4M | −$1.0M |
| May 2024 | $102K | $1.2M | −$1.1M |
| Apr 2024 | $383K | $518K | −$135K |
| Mar 2024 | $786K | $1.0M | −$218K |
| Feb 2024 | $213K | $245K | −$32K |
| Jan 2024 | $139K | $1.1M | −$964K |
| Dec 2023 | $537K | $372K | $165K |
| Nov 2023 | $94K | $117K | −$23K |
| Oct 2023 | $177K | $29K | $148K |
| Sep 2023 | $498K | $899K | −$401K |
| Aug 2023 | $260K | $625K | −$365K |
| Jul 2023 | $382K | $425K | −$43K |
C000156259 Assets Under Management
Net assets of Lazard Managed Equity Volatility Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-06-30 | $15.39M |
| 2024-03-31 | $18.03M |
| 2023-12-31 | $17.98M |
| 2023-09-30 | $17.23M |
| 2023-06-30 | $18.58M |
| 2023-03-31 | $29.41M |
| 2022-12-31 | $28.79M |
| 2022-09-30 | $26.71M |
| 2022-06-30 | $28.70M |
| 2022-03-31 | $30.40M |
| 2021-12-31 | $31.64M |
| 2021-09-30 | $29.49M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.