About LDMIX
Lazard Developing Markets Equity Portfolio Institutional Class is an open-end mutual fund designed to provide long-term capital appreciation by investing primarily in equity securities of companies located in emerging markets outside the United States. The portfolio predominantly holds common stocks and maintains a focus on large-cap growth strategies, offering investors diversified exposure to dynamic economies across Asia, Latin America, and select emerging regions. The fund is notable for its concentration in leading sectors such as technology, financial services, energy, healthcare, and communication services. Key holdings regularly include significant positions in globally recognized firms such as Taiwan Semiconductor Manufacturing, Samsung Electronics, and Tencent Holdings. With around a quarter of assets concentrated in its top holdings, the fund seeks to capitalize on sustainable earnings growth within the emerging market landscape. Tailored for institutional investors, it features a minimum investment requirement of $10,000 and aims to deliver competitive total returns relative to its diversified emerging markets peer group.
Fund Family Lazard
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol LDMIX
Share Class Institutional Shares
Index MSCI EM (Emerging Markets) NR USD
LDMIX had a total return of 40.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.74%.
