Address And Details

30 Rockefeller Plz, 58th Fl , New York, NY 10112
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Portfolio seeks long-term capital appreciation. The Portfolio invests primarily in equity securities, principally common stocks, of non-US companies whose principal activities are located in emerging market countries and that Lazard Asset Management LLC (the Investment Manager) believes are undervalued based on their earnings, cash flow or asset values. Emerging market countries include all countries represented by the MSCI Emerging Markets Index, which currently includes: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Pakistan, Peru, Philippines, Poland, Qatar, Russia, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities of companies whose principal business activities are located in emerging market countries. In addition to common stocks, such equity securities also may include American Depositary Receipts (ADRs), Global Depositary Receipts and European Depositary Receipts. In addition, implementation of the Portfolios investment strategy may, during certain periods, result in the investment of a significant portion of the Portfolios assets in a particular market sector.

Net Asset Value

as of 5:30 PM ET 09/21/2021

Performance

  • 1 Week
  • -3.13%
  • 1 Month
  • +0.89%
  • 3 Months
  • -6.80%
  • 1 Yr Return
  • +24.77%
  • 5 Yr Return
  • +12.03%

Equity Sector Breakdown

Finance 30.56%
Technology 18.94%
RetailTrade 9.57%
IndustrialCyclical 8.15%
Energy 5.69%
Utilities 4.32%
ConsumerDurables 4.08%
NonDurables 2.76%
Health 2.70%
Services n/a

Asset Allocation

Asset Type % Of Allocation
ForeignStocks 93.56%
Stocks 93.56%
Other 5.13%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 398.88 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -7.44 -7.68 -10.92
Beta 0.88 0.85 0.99
R Squared 0.62 0.50 0.50
Std Deviation 20.81 18.07 18.65
Sharpe Ratio 0.38 0.35 n/a

Purchase Information

as of 5:30 PM ET 09/20/2021
Minimum Initial $2500
Minimum Additional $50
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +32.57%
  • +40.54%
+32.57% +40.54%
3 Year
  • +6.72%
  • +6.43%
+6.72% +6.43%
10 Year
  • +2.70%
  • +2.11%
+2.70% +2.11%
Life Of Fund
  • +6.27%
  • +6.39%
+6.27% +6.39%

Top 10 Holdings

Symbol Company Name % Of Assets
005930.K SAMSUNG ELECTRONICS 3.89%
000660 SK HYNIX INC 3.63%
939 ~CHINA CONSTRUCTION BANK - H 3.21%
LUKOY PJSC LUKOIL 2.74%
VWO VANGUARD FTSE EMER MARKET ETF 2.57%
IEMG ISHARES CORE MSCI EMERG MKT E 2.56%
SBER.MM SBERBANK OF RUSSIA 2.46%
OTP OTP BANK NYRT 2.37%
BBAS3.SA BANCO DO BRASIL S A 2.04%
600036.S CHINA MERCHANTS BANK COMPANY 2.01%

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