Lazard Emerging Markets Equity Portfolio

Frequently Asked Questions About LZOEX

What does LZOEX invest in?

The Lazard Emerging Markets Equity Portfolio primarily allocates its capital to equity holdings, specifically common shares, of businesses operating predominantly in developing economies outside the U.S. The Investment Manager targets companies believed to be trading below their intrinsic worth, a determination made through analysis of their profitability, cash generation, or underlying asset values. Typically, at least 80% of the fund's assets are dedicated to equity securities of companies with substantial operations in emerging market countries during normal market conditions.

What is the expense ratio of LZOEX?

Lazard Emerging Markets Equity Portfolio (LZOEX) charges an expense ratio of 1.32%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LZOEX?

Lazard Emerging Markets Equity Portfolio (LZOEX) manages $19.81B 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 LZOEX actively managed or an index fund?

LZOEX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was LZOEX launched?

Lazard Emerging Markets Equity Portfolio (LZOEX) launched in January 1997 and is managed by the fund issuer.

How has LZOEX performed?

LZOEX'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.