About LEAOX
Lazard Emerging Markets Equity Advantage Portfolio Open Shares is an open-end mutual fund focused on providing long-term capital appreciation by investing primarily in equity securities of companies based in emerging markets. The fund leverages a core investment strategy, aiming to capture growth opportunities within rapidly developing regions across South/East Asia, Europe, the Middle East, Africa, and Latin America. With a diversified large blend investment style, the portfolio allocates assets across key sectors such as information technology, financials, consumer discretionary, and communication services. Notable holdings include major firms like Taiwan Semiconductor Manufacturing, Tencent Holdings, and Samsung Electronics, reflecting its emphasis on high-conviction, blue-chip equities that drive growth in emerging economies.
The fund is actively managed by Lazard Asset Management and maintains a moderate expense structure relative to its peers. It offers daily liquidity without a load fee and is suitable for investors seeking exposure to diversified companies outside developed markets. The portfolio’s allocation and selection process is designed to balance risk and return, reflecting both regional and sectoral growth trends, and it plays a significant role in connecting global investors to the dynamic potential of emerging markets.
Fund Family Lazard
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol LEAOX
Share Class Open Shares
Index MSCI EM (Emerging Markets) NR USD
LEAOX had a total return of 25.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.65%.
