A basket of global blue-chips.
+ does levered currency deals to
invest in hi-yield emerging countries debt.
Sounds risky but is not correlated with equities
- probably less risky than it sounds!
'The Investment Manager also will seek to obtain exposure to
emerging market currencies using the emerging income strategy,
but will limit such strategy to 331/3% or less of the Funds
Total Leveraged Assets.'
Current Distribution Rate: 5.56% - pays monthly
Discount = 10% - higher than normal
TER = 1.5%
see www.lazard.net
Stock = (LGI-N) LAZARD GLOBAL TOTAL RETURN &
Exchange = New York Stock Exchange (Agent)
Currency = USD
Type = Buy to Open
Quantity = 70
Price = $22.38
Gross = $1,566.60dr
Net = $1,582.55dr
| Sector and Holdings Summary |
| As of | ||
| Holding | | % of Portfolio |
| Microsoft | | 4 |
| Diageo | | 3.6 |
| Exxon Mobil | | 3.5 |
| International Business Machines | | 3.4 |
| JP Morgan Chase | | 3.2 |
| Oracle | | 3.2 |
| Nomura | | 3.1 |
| Bank of | | 3.1 |
| HSBC Holdings | | 3 |
| Johnson & Johnson | | 2.8 |
No comments:
Post a Comment