Lord Abbett Global Funds I plc - Lord Abbett Innovation Growth Fund A USD

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Performance History31/10/2024
Growth of 1,000 (GBP) Advanced Graph
Lord Abbett Global Funds I plc - Lord Abbett Innovation Growth Fund A USD
Fund68.38.5-31.624.226.8
+/-Cat37.1-13.4-10.1-2.59.9
+/-B’mrk36.4-18.8-8.3-7.83.7
 
Key Stats
NAV
21/11/2024
 USD 38.45
Day Change 1.35%
Morningstar Category™ US Large-Cap Growth Equity
ISIN IE00BYZRLD33
Fund Size (Mil)
21/11/2024
 USD 193.22
Share Class Size (Mil)
21/11/2024
 USD 137.19
Max Initial Charge 5.00%
Ongoing Charge
07/06/2024
  1.80%
Morningstar Research
Analyst Report01/05/2024
Drew Carter, Analyst
Morningstar, Inc

The Lord Abbett Growth Equity strategy offers experienced leaders and a stabilizing analyst team, but its aggressive, momentum-driven approach limits its potential to outperform on a risk-adjusted basis. It continues to earn Morningstar Analyst...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent23
Process23
Performance
Price
Investment Objective: Lord Abbett Global Funds I plc - Lord Abbett Innovation Growth Fund A USD
The investment objective of the Fund is to seek capital appreciation.
Returns
Trailing Returns (GBP)21/11/2024
YTD44.62
3 Years Annualised3.30
5 Years Annualised17.92
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Matthew DeCicco
02/03/2016
Vernon Bice
02/03/2016
Click here to see others
Inception Date
02/03/2016
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Russell 1000 Growth TR USDMorningstar US LM Brd Growth NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNo
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Lord Abbett Global Funds I plc - Lord Abbett Innovation Growth Fund A USD31/10/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.470.0098.47
Bond0.000.000.00
Property0.000.000.00
Cash1.530.001.53
Other0.000.000.00
Top 5 Regions%
United States94.36
Latin America3.02
Canada1.39
Asia - Developed1.23
United Kingdom0.00
Top 5 Sectors%
Technology47.77
Communication Services18.21
Consumer Cyclical12.13
Healthcare11.12
Industrials8.73
Top 5 HoldingsSector%
NVIDIA CorpTechnologyTechnology9.27
Microsoft CorpTechnologyTechnology6.09
Amazon.com IncConsumer CyclicalConsumer Cyclical4.19
Alphabet Inc Class ACommunication ServicesCommunication Services4.18
Meta Platforms Inc Class ACommunication ServicesCommunication Services3.75
Lord Abbett Global Funds I plc - Lord Abbett Innovation Growth Fund A USD

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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