The Lazard Emerging Markets Equity Portfolio seeks long-term capital appreciation by investing in companies with strong, sustainable financial productivity at attractive valuations. The Portfolio invests primarily in equity securities, principally common stocks, of non-U.S. companies whose principal activities are located in emerging market countries and that we believe are undervalued based on their earnings, cash flow or asset values. The Portfolio’s returns are compared to the MSCI Emerging Markets Index.
Bottom-up approach to stock selection, the hallmark of Lazard’s relative-value investment style.
Fundamental analysis considers sustainability of returns, while accounting validation examines companies’ stated financial statistics.
Screening seeks to identify companies that are attractively priced relative to their financial returns.
Quantitative research techniques are used to monitor risks associated with industry and country concentrations in order to ensure diversification.
The performance quoted represents past performance. Past performance does not guarantee future results. Net-of-fees performance is measured from inception. Mutual fund performance fluctuates and currently may be lower than stated. An investor may obtain performance data current to the most recent month-end online at www.LazardNet.com. The investment return and principal value of the Portfolio will fluctuate; an investor’s shares, when redeemed, may be worth more or less than their original cost.
Returns reflect reimbursement of expenses as described in the prospectus. Had expenses not been reimbursed, returns would have been lower and the expense ratio would have been higher.
Please consider a fund’s investment objectives, risks, charges, and expenses carefully before investing. For more complete information about The Lazard Funds, Inc. and current performance, you may obtain a prospectus or summary prospectus by calling 800-823-6300 or 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 and The Lazard Funds that may not be detailed in this document. The Lazard Funds are distributed by Lazard Asset Management Securities LLC.
You must confirm that you have received and read the Key Investor Information Document (KIID) for each share class of the fund in which you wish to invest on the Application Form. Please select the relevant shares class using the drop down menu below.
The Supplementary Information Document provides a summary of additional information you should be aware of before investing with us and is included when you download a KIID.
Click here for a guide to the share classes Lazard offers.