Lazard International Equity Portfolio - Open Shares

Frequently Asked Questions About LZIOX

What does LZIOX invest in?

This portfolio primarily invests in shares of significant companies located outside the United States, typically those with market valuations aligning with the constituents of the MSCI Europe, Australasia, and Far East (EAFE) Index. At least 80% of its total assets are committed to equity holdings. The fund manager focuses on well-established enterprises operating in developed economies, but also has the flexibility to allocate up to 15% of its capital to securities of firms primarily conducting business in emerging market nations.

What is the expense ratio of LZIOX?

Lazard International Equity Portfolio - Open Shares (LZIOX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LZIOX?

Lazard International Equity Portfolio - Open Shares (LZIOX) manages $3.37B 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 LZIOX actively managed or an index fund?

LZIOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LZIOX's is 1.08%) in exchange for the discretion to over- or under-weight positions.

When was LZIOX launched?

Lazard International Equity Portfolio - Open Shares (LZIOX) launched in January 1997 and is managed by Lazard.

How has LZIOX performed?

LZIOX'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.