Lazard Developing Markets Equity Pft Open Shs

Frequently Asked Questions About LDMOX

What does LDMOX invest in?

The Portfolio predominantly allocates its capital to the common stocks and other equity instruments of companies situated outside the United States. These businesses primarily conduct their operations in what are recognized as emerging or developing market countries. Typically, a minimum of 80% of its total assets are dedicated to the equity shares of firms whose principal activities are based in these rapidly expanding global economies.

What is the expense ratio of LDMOX?

Lazard Developing Markets Equity Pft Open Shs (LDMOX) charges an expense ratio of 1.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LDMOX?

Lazard Developing Markets Equity Pft Open Shs (LDMOX) manages $118.3M 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 LDMOX actively managed or an index fund?

LDMOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LDMOX's is 1.35%) in exchange for the discretion to over- or under-weight positions.

When was LDMOX launched?

Lazard Developing Markets Equity Pft Open Shs (LDMOX) launched in October 2008 and is managed by Lazard.

How has LDMOX performed?

LDMOX'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.