Lazard Emerging Markets Equity Portfolio Open Shares (LZOEX)

19.37
Net Asset Value
-1.02%
1 Day
-5.97%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
No Load
Sales Expenses
1.34%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests primarily in equity securities- principally common stocks- of non-U.S. companies whose principal activities are located in emerging market countries and that the Investment Manager believes are undervalued based on their earnings- cash flow or asset values. Under normal circumstances- it invests at least 80% of its assets in equity securities of companies whose principal business activities are located in emerging market countries.

Performance

1 month-6.65% 3 years+3.12%
3 months-11.19% 5 years+1.40%
1 year+8.29% Since inception+6.96%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 LZOEXCategory
Performance 5-yr return+1.40%+4.45%
Expense ratio1.34%1.40%
Risk 5 year sharpe ratio0.220.30
Net assets$12.9B$1.7B
Average market cap$29.0B$32.6B
Average P/E11.814.9
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJohn Reinsberg / 23 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

International stock96.86%
Cash2.53%
Fixed income0.61%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 27.22%
Industrial materials 23.75%
Telecommunication 12.04%
Hardware 9.34%
Consumer goods 8.68%
Top 10 Holdings
Portfolio weighting
-- 4.90%
-- 4.25%
-- 4.21%
-- 3.79%
-- 3.23%
-- 3.07%
-- 2.82%
CHL China Mobile2.51%
LUKOY NK Lukoil PAO2.24%
AMX America Movil SAB de CV2.16%