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Z Series Global Thematic Focus Fund

The Z Series Global Thematic Focus Fund is a high conviction, long-term strategy designed to benefit from structural change through themes. The manager uses a distinctive thematic approach that identifies emerging trends in the global economy and invests in stocks poised to benefit as a result.

Overview Ratings About the manager Downloads

Overview

The Z Series Global Thematic Focus Fund invests in a focused portfolio of securities with high growth potential that are listed on international stock exchanges.

Based on the biggest structural changes of the next decade, the strategy consists of three to six high conviction investment themes. These translate into a portfolio of typically 35-50 global stocks directly anchored to these themes rather than constructed relative to a benchmark.

The Fund aims to:

  • provide investors with long-term capital growth by investing in securities listed on international stock exchanges
  • outperform the MSCI World (ex-Australia) Index in $A (net dividends reinvested) by 3% p.a. (gross of fees) over a period of five or more years.

Ratings

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About the manager

The Z Series Global Thematic Share Fund is managed by our strategic investment partner, Lazard Asset Management Pacific Co. (Lazard).

Tracing its origins back to 1848, Lazard is known for its global perspective on investing and years of experience with global, regional and domestic portfolios. With more than 300 investment personnel worldwide, Lazard offers investors including Australian superannuation funds an array of equity, fixed income, and alternative investment solutions. Lazard operates from a network of local offices in more than thirteen different countries worldwide.

The investment team analyses the major changes taking place around the world and identifies themes which represent a distinct investment opportunity. All themes are methodically researched and tested in order to establish their validity and the portfolio typically includes 3-6 themes at any time.

Performance

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Downloads

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3 The report that included the rating was published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec) on 27/03/2026. Lonsec receives a fee from fund managers for the preparation of reports. The report / rating is general advice only. An investor should be aware that: a) the advice has been prepared without taking into account an investors’ objectives, financial situation or needs; b) an investor should consider the appropriateness of the advice having regard to their own objectives, financial situation or needs before acting on the advice; and c) an investor should obtain a PDS relating to the product, consider the PDS and seek independent financial advice before making any decision about whether to acquire the product. The rating is not a recommendation to purchase, sell or hold any product. Past performance is not a reliable indicator of future Performance. Ratings are prepared based on information available at the time of preparation and may be subject to change by Lonsec without notice. Visit lonsec.com.au for important documents (FSG, Conflicts Statement). © 2026 Lonsec. All rights reserved.

Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.

© Russell Investments Group, LLC. 1995-2026. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an "as is" basis without warranty.