About LEAIX
Lazard Emerging Markets Equity Advantage Fund Institutional Shares is an actively managed mutual fund focused on providing long-term capital appreciation through investments in the equity securities of companies tied to emerging market economies. The fund employs a core investment strategy that aims to generate consistent outperformance through various market cycles by maintaining a diversified portfolio of large- and mid-cap companies, primarily in regions such as South/East Asia, Latin America, and Europe, Middle East, and Africa. Key sectors represented in the portfolio include information technology, financials, consumer discretionary, and communication services, with notable holdings in firms like Taiwan Semiconductor Manufacturing, Tencent, and Alibaba. The fund is designed for institutional investors and offers a cost advantage relative to peers due to its competitive expense ratio. By investing in this fund, market participants gain exposure to the growth potential and diversification benefits associated with emerging markets, while the fund’s disciplined management process seeks to mitigate the risks typically linked to such regions.
Fund Family Lazard
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol LEAIX
Share Class Institutional Shares
Index MSCI EM (Emerging Markets) NR USD
LEAIX had a total return of 24.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.97%.
