Lazard Global Realty Equity Portfolio Open Shares (LITOX)

17.31
Net Asset Value
+0.17%
1 Day
+11.75%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
5.81%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks primarily long-term capital appreciation, with current income, including interest and dividends from portfolio securities, as a secondary objective. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities (including common, convertible and preferred stocks) of Realty Companies (defined below), as well as certain synthetic instruments relating to Realty Companies. It also may invest up to 20% of its assets in equity and fixed income securities and instruments of companies or entities, including, but not limited to, other investment companies. The fund is non-diversified.

Performance

1 month+1.29% 3 years+7.96%
3 months+6.80% 5 years+10.91%
1 year+11.18% Since inception+19.87%
Data through --

Peer Comparisonvs. Global real estate

 LITOXCategory
Performance 5-yr return+10.91%+15.27%
Expense ratio5.81%1.43%
Risk 5 year sharpe ratio0.680.93
Net assets$9.9M$733.3M
Average market cap$7.6B$9.3B
Average P/E15.916.7
Portfolio turnover81%81%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

International stock50.23%
U.S. stock44.51%
Fixed income4.65%
Cash0.61%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 92.48%
Industrial materials 7.52%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
SPG Simon Property Group Inc5.17%
-- Mitsui Fudosan Co Ltd3.07%
-- Wharf holdings2.69%
HCP HCP Inc2.53%
ARCP American Realty Capital Properties Inc Class A2.42%
-- Sumitomo Realty & Development Co Ltd2.17%
-- Ayala Land Inc2.11%
-- Megaworld Corp2.05%
AVB AvalonBay Communities Inc2.02%
VTR Ventas Inc2.00%

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