||EPS - Basic
||Market Cap (m)
|Lazard World Daily Update: Lazard World is listed in the General Financial sector of the London Stock Exchange with ticker WTR. The last closing price for Lazard World was 322p.|
Lazard World has a 4 week average price of 313.55p and a 12 week average price of 302.29p.
The 1 year high share price is 323.75p while the 1 year low share price is currently 231p.
There are currently 40,426,095 shares in issue and the average daily traded volume is 5,729 shares. The market capitalisation of Lazard World is £130,778,417.33.
|davebowler: Cantors on BB Biotech, a major holding;
BB Biotech | BION SW | CHF 285.0 | 12.0% disc | c.5% yield | £2,392m
BB Biotech (“BION”) is one of the largest and longest-established funds specialising in the biotechnology sector, with £1.7bn in net assets. In the year to date, BION has returned c.40% in NAV terms – extending its track record of outperformance against the Nasdaq Biotechnology Index, which rose 32% over the period. While returns have been understandably volatile, given the nature of the sector, we would reiterate that BION has a distribution policy which returns c.5% of its share price in cash at every year end, and a further c.5% via share buybacks. This, in our view, should help smooth shareholder returns and narrow the discount to NAV.|
World Trust Fund (WTR) interims for Q4, 2014
¢ Returns: NAV +5.9% to $4.39 in USD terms vs +1% in the MSCI All Countries World Index. Over the same period the share price rose 9.5%.
¢ Discount: The discount to NAV (in Sterling) at the end of the period was 12.9%.
¢ Underlying: Average weighted discount of underlying holdings at period-end 21.2%.
¢ Gearing: Leverage stood at 5.6% at the WTR level at 31/12/14.
¢ Dividend: Since the period end the Fund paid a dividend of 0.50p per share on 16 January 2015 to shareholders on its register on 19 December 2014.
¢ The manager has successfully navigated a very volatile period in the markets, bringing the one year return to 10.2% compared to 4.2% of the MSCI World in $ terms and a -3.9% return of the MSCI All Countries World Ex USA.
¢ Access Fund Detail Here|
Lazard World share price data is direct from the London Stock Exchange