About LZIEX
Lazard International Equity Portfolio Institutional Shares is a mutual fund focused on international equities, specifically targeting long-term capital appreciation. The fund primarily invests in common stocks of large, non-U.S. companies, selecting those with market capitalizations comparable to constituents of the MSCI EAFE Index. Its strategy emphasizes identifying companies that are undervalued based on key measures such as earnings, cash flow, or asset values. Managed by Lazard Asset Management, the portfolio is diversified across various sectors—including industrials, consumer defensive, technology, healthcare, utilities, and communication services—with top holdings often representing significant global firms. The fund is designed for institutional investors, with a minimum initial investment of $10,000, and maintains a moderate portfolio turnover. Since its inception in 1991, it has provided investors access to developed markets outside the United States, serving as an important vehicle for diversification in global equity allocations within multi-asset portfolios.
Fund Family Lazard
Category Foreign Large Blend
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol LZIEX
Share Class Institutional Shares
Index MSCI EAFE NR USD
LZIEX had a total return of 14.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.46%.
