Lazard Emerging Markets Equity Portfolio Open Shares (LZOEX)

19.50
Net Asset Value
+0.98%
1 Day
+1.88%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
No Load
Sales Expenses
1.40%
Expense Ratio
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-US 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+8.45% 3 years+0.30%
3 months+5.58% 5 years+13.52%
1 year+3.73% Since inception+7.74%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 LZOEXCategory
Performance 5-yr return+13.52%+14.32%
Expense ratio1.40%1.60%
Risk 5 year sharpe ratio0.780.74
Net assets$14.5B$1.4B
Average market cap$19.1B$19.2B
Average P/E9.211.6
Portfolio turnover16%16%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJohn Reinsberg / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

International stock98.68%
Fixed income1.23%
Cash0.09%
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
-- Banco do Brasil SA BB Brasil3.50%
-- Samsung Electronics Co Ltd3.40%
-- Taiwan Semiconductor Manufacturing Co Ltd3.25%
-- Sberbank Of Russia3.20%
-- China Construction Bank Corp H Shares2.95%
-- Pacific Rubiales Energy Corp.2.77%
-- Cielo SA2.52%
-- Shinhan Financial Group Co., Ltd.2.35%
TLK Telekomunikasi Indonesia (Persero) Tbk ADR2.29%
-- Hyundai Mobis Co., Ltd2.15%

To view my watchlist

Not a member yet?

Sign up now for a free account

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.