Lazard International Strategic Equity Portfolio – Institutional Shares (LISIX)

Overview

The fund is a focused investment vehicle, primarily targeting equities in non-U.S. companies. It zeroes in on businesses based in areas covered by the MSCI EAFE Index, a benchmark representing developed markets outside of the United States and Canada. The fund's investment strategy is centered on identifying undervalued companies, using metrics such as earnings, cash flow, or asset values to guide selections. Although its main concentration is on developed markets, the fund tactically allocates up to 15% of its assets to emerging markets, seeking additional growth opportunities. This approach signifies a broad yet selective global investment perspective, adhering to a principle of investing at least 80% of its assets in equity securities.

Products and Services

The fund offers a carefully curated portfolio of investment products and services, targeting discerning investors who are looking to diversify their exposure beyond U.S. equities through a disciplined investment approach.

• Equity Securities Investment

  Focusing mainly on common stocks of non-U.S. companies, the fund provides its investors with an opportunity to gain exposure to international markets that are deemed to be undervalued. By leveraging detailed analysis of earnings, cash flow, and asset values, the fund aims to invest in stocks that offer promising returns.

• MSCI EAFE Index-Based Investment

  The primary geographic focus of the fund lies in the regions represented by the MSCI EAFE Index. This ensures that investors are gaining exposure to a diversified mix of companies from developed markets outside the United States. The choice of markets is reflective of a strategic approach to tapping into the potential of international equities while being guided by a reputable global index.

• Emerging Markets Exposure

  Although primarily focused on developed markets, the fund also offers an avenue for investors to diversify up to 15% of their portfolio into emerging market countries. This facet of the fund's strategy acknowledges the growth potential inherent in emerging markets, providing a balanced mix of stability and growth prospects.

• Minimum Asset Allocation in Equity Securities

  Reaffirming its commitment to equity investments, the fund maintains a minimum asset allocation criterion, ensuring that at least 80% of its assets are invested in equity securities. This strategy is integral to the fund's objective, focusing on maximizing growth through equity investments while adhering to its investment threshold.