Lazard Sustainable Credit 2025 EC H-EUR/  FR0013464146  /

Obtain an annualised performance net of management fees, hedging and estimated default calculated by the management company, equal to 2,40% at June 30th, 2025, by investing mainly in bonds with no financial rating restriction whose issuers are companies and Financial institutions, traded in euros and/or US dollars and/or pounds sterling, while taking into account environmental, social and governance criteria. The management company would like to point out that there is a risk that the issuer's actual financial position may turn out to be weaker than predicted, and that such unfavourable conditions (e.g., higher number of defaults, lower recovery rate) will have a negative impact on the Fund's performance. As a result, it may not be possible to achieve the investment objective. The Fund seeks to take advantage of attractive actuarial yields on corporate bonds. The Fund"s investment strategy will mainly entail a carry strategy. Nevertheless, the manager has leeway to actively manage the portfolio by selling securities and buying new securities.

Obtain an annualised performance net of management fees, hedging and estimated default calculated by the management company, equal to 2,40% at June 30th, 2025, by investing mainly in bonds with no financial rating restriction whose issuers are companies and Financial institutions, traded in euros and/or US dollars and/or pounds sterling, while taking into account environmental, social and governance criteria. The management company would like to point out that there is a risk that the issuer's actual financial position may turn out to be weaker than predicted, and that such unfavourable conditions (e.g., higher number of defaults, lower recovery rate) will have a negative impact on the Fund's performance. As a result, it may not be possible to achieve the investment objective. The Fund seeks to take advantage of attractive actuarial yields on corporate bonds.