Search

Matrix Lazard Opportunities Fund

A multi-strategy credit fund focused on special situations and capital structure arbitrage

Investment Objective

The Matrix Lazard Opportunities Fund aims to achieve absolute returns through a combination of capital appreciation and income. Such absolute returns are generated through exposure to an investment strategy (the “Lazard Opportunities Strategy”) managed by Lazard Asset Management, which consists of two relative value sub-strategies: convertible arbitrage and special situations/event driven investing.

Click here for more information on the Lazard Opportunities Strategy.

Key Points

Greater scope than traditional bond funds:

  • Can invest across a broader range of securities: bonds, convertibles, equities and credit derivatives

  • Can go both long and short via derivatives

Focus on Special Stiuations & Events:

  • Larger opportunity set for investments

  • Uncorrelated to traditional bond trades

  • High turnover of positions in the portfolio

  • Access to Lazard's Global Research Platform

Lazard Investment Team

Sean Reynolds, Senior Portfolio Manager, leads a six-person strong Investment Team, which has 85+ years of combined experience in event driven, relative value and convertible strategies.

Click here for Sean's biography.

Click here for a diagram of the Investment Team.

Fund Structure

The Fund is managed by Matrix Money Management, which has appointed Lazard Asset Management as Sub-Investment Manager.

The Fund is a sub-fund of Matrix UCITS Funds plc, an Irish domciled and regulated company.

Click here for a Fund structure diagram.

Further Information

Telephone - 020 3206 7222
Email - UCITS@matrixgroup.co.uk

Essential Information

UCITS Fund Range

Disclaimer

About Lazard Asset Management

UCITS Fund Prices

Historic Prices

Approved Providers

Click here to log in & listen to the latest Matrix Lazard Opportunities Fund update with Senior Portfolio Manager Doug Workman

Fund Information

Launched: 4 October 2010

Liquidity: Weekly

Minimum Investment:
Retail £ Shares: £25,000
Institutional £ Shares: £100,000
Institutional € Shares: €100,000
Institutional $ Shares: $150,000

Charges:
5% Initial Charge
1.5% AMC - Institutional
2.25%* AMC - Retail
20%** Performance Fee

* Includes 0.5% trail commission
** Subject to a high water mark

SEDOL Numbers:
Retail £ Shares: B61MNB8
Institutional £ Shares: B61CC77
Institutional € Shares: B5NJNK9
Institutional $ Shares: B67ZHY2

Eligible For:
SIPP
SSAS
Onshore/Offshore Bond
ISA
Through Platforms