Lazard Convertible Global RC H-USD/  FR0013429396  /

The investment objective is to achieve, over the recommended investment horizon of 5 years, a return (net of charges) above the following simple benchmark: Refinitiv Global Focus Convertible EUR Index. The benchmark is expressed in EUR. Nets dividends or coupons are reinvested. The SICAV's portfolio comprises: - European and foreign (including emerging) convertible bonds issued by companies and financial institutions, and similar instruments ("preferred convertibles"). These securities will be denominated in euros and/or local currencies. - European and foreign (including emerging) bonds exchangeable for shares issued by companies and financial institutions. These securities will be denominated in euros and/or local currencies. - European and foreign (including emerging) bonds with share warrants issued by companies and financial institutions. These securities will be denominated in euros and/or local currencies. - European and foreign (including emerging) bonds with warrants for participating securities issued by companies and financial institutions. These securities will be denominated in euros and/or local currencies. - Bonds whose value is indexed to a stock market index to a maximum of 15% of the net assets. - French or foreign money-market, short-term money-market, bond or mixed UCITS or AIFs that meet the four criteria of Article R. 214-13 of the French Monetary and Financial Code (Code Monétaire et Financier), up to a maximum of 10% of the net assets.These UCIs may be managed by the management company. - Money market instruments (negotiable debt instruments, repurchase agreements, etc.) up to a maximum of 10% of the net assets.Equities up to a maximum of 10% of the net assets (excluding "preferred convertibles"). These shares will derive from the conversion of the convertible bonds shown in the portfolio. - The SICAV may also hold other securities with embedded derivatives comprising up to 100% of the net assets.

The investment objective is to achieve, over the recommended investment horizon of 5 years, a return (net of charges) above the following simple benchmark: Refinitiv Global Focus Convertible EUR Index. The benchmark is expressed in EUR. Nets dividends or coupons are reinvested.