Please consider the fund's investment objectives, risks, charges and expenses carefully before investing. For more complete information about the Lazard Retirement Series, Inc. and current performance, you may obtain a prospectus or summary prospectus by calling 800-823-6300 or by going to www.LazardNet.com. Read the prospectus or summary prospectus carefully before you invest. The prospectus and summary prospectus contain investment objectives, risks, charges, expenses and other information about the Portfolio(s) and Lazard Retirement Series, Inc. that may not be detailed in this document. Distributed by Lazard Asset Management Securities LLC.
The Russell 2000 Index includes approximately 2000 of the smallest securities in the Russell 3000 Index, representing roughly 8% of the total market capitalization of Russell 3000 companies. (The Russell 3000 Index measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable U.S. equity market.) The index is unmanaged and has no fees. One cannot invest directly in an index.