Lazard Emerging Markets Equity Portfolio R6 Shares

Frequently Asked Questions About RLEMX

What does RLEMX invest in?

This fund aims for significant long-term growth of capital. Its portfolio is chiefly comprised of equity instruments, predominantly common shares, issued by companies based outside the United States, whose core business operations are established within developing economies. The Investment Manager selects these companies when they are identified as being attractively priced relative to their profitability, cash generation, or asset base. Ordinarily, a minimum of 80% of the fund's total assets are committed to the equity securities of companies primarily conducting business in emerging markets.

What is the expense ratio of RLEMX?

Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RLEMX?

Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) manages $19.02B 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 RLEMX actively managed or an index fund?

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

When was RLEMX launched?

Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) launched in January 2015 and is managed by the fund issuer.

How has RLEMX performed?

RLEMX'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.