Lazard Emerging Markets Equity Portfolio Institutional Shares (LZEMX)

Overview

The fund is an investment vehicle targeting opportunities in emerging markets across the globe. It focuses on investing in equity securities, mainly common stocks, of non-U.S. companies operating primarily in emerging economies. The fund's investment strategy is rooted in identifying undervalued companies based on their earnings, cash flow, or asset values. A significant criterion for its investment is that at least 80% of its assets are allocated to equities of firms whose principal activities are located in emerging market countries. This focus reflects the fund's ambition to leverage the potential high growth and substantial returns that emerging markets often offer, balanced with thorough analysis to identify undervalued assets.

Products and Services

• Equity Investments in Emerging Markets

  The fund's cornerstone service is its focus on equity investments in companies based in emerging market countries. By concentrating on common stocks, the fund aims to capitalize on the growth dynamics of these economies, while seeking undervalued companies that offer potential for substantial returns. This approach involves a deep dive into the financial health and prospects of companies, considering the unique challenges and opportunities presented by emerging markets.

• Asset Management Focused on Undervalued Assets

  A key aspect of the fund's investment philosophy is the emphasis on undervalued assets. This strategy involves identifying companies that are priced below their intrinsic value based on various financial metrics such as earnings, cash flow, and asset values. The fund's investment managers employ a rigorous analysis and selection process to ensure that investments meet this criterion, aiming to provide investors with growth opportunities through appreciation in stock value over time.