Lazard US Systematic Small Cap Equity Portfolio Open Shares (LUSOX)

Overview

The Portfolio provides an investment option primarily focusing on small capitalization U.S. companies, aiming to leverage the growth potential of these enterprises. By investing mainly in equity securities, specifically common stocks of small cap U.S. companies, it targets investors seeking exposure to this particular segment of the market. The strategy underscores a blend of growth and value investment with a significant portion, at least 80%, allocated towards equity securities of small cap U.S. firms. This focussed approach is designed to capture the dynamic nature and potential higher growth rates often associated with smaller companies compared to their larger counterparts.

Products and Services

• Equity Securities of Small Cap U.S. Companies

Constituting the core of the Portfolio's investments, these are shares of small capitalization companies based in the United States. The Portfolio aims to leverage the growth and value potential inherent in small cap companies, which are often less covered and analyzed by investors and analysts, providing a fertile ground for uncovering undervalued opportunities that could generate significant returns.

• Investments in Larger U.S. Companies and Non-U.S. Companies

Up to 20% of the Portfolio's assets may be allocated towards securities that are not strictly equity securities of small cap U.S. companies. This includes investments in larger U.S. companies and in non-U.S. companies, which might provide diversification benefits and exposure to global growth opportunities. Specifically, this portion of the Portfolio allows for investments in securities of emerging markets companies traded on a U.S. exchange, offering a broader market reach and potential for higher growth rates, albeit with a potentially higher level of risk compared to investments in established markets.