Lazard Emerging Markets Strategic Equity Portfolio Open Shares

Frequently Asked Questions About EMBOX

What does EMBOX invest in?

Typically, this Portfolio commits a minimum of 80% of its total assets to equity instruments issued by companies whose core operations are situated in developing economies. Beyond standard common shares, these equity holdings may also encompass various depositary receipts, such as American (ADRs), Global (GDRs), and European (EDRs) types. The definition of an 'emerging market country' for this portfolio aligns with all nations included in the MSCI Emerging Markets Index.

What is the expense ratio of EMBOX?

An expense ratio for Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is EMBOX?

Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) manages $44.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is EMBOX actively managed or an index fund?

EMBOX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios because there's no security selection cost.

When was EMBOX launched?

Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) launched in June 2010 and is managed by Lazard.

How has EMBOX performed?

EMBOX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.