About RLEOX
Lazard Emerging Markets Core Equity Portfolio R6 Shares is a mutual fund designed to provide long-term capital appreciation by investing primarily in the equity securities of companies located in, or economically tied to, emerging markets. The portfolio maintains an all-cap, style-unconstrained approach, with at least 80% of its assets allocated to emerging market equities. The fund is actively managed and seeks to outperform the MSCI Emerging Markets Index benchmark over a full market cycle primarily through disciplined stock selection, focusing on companies believed to be undervalued relative to their fundamentals and growth prospects. Key sectors represented include technology, financials, energy, and consumer cyclicals, with notable holdings such as Taiwan Semiconductor Manufacturing, Tencent, and Samsung Electronics. The strategy is characterized by a diversified portfolio, typically comprising 35 to 55 holdings, and exhibits a moderate-to-high turnover rate reflective of the manager’s dynamic approach. Lazard’s experienced management team employs a combination of proprietary screening, fundamental analysis, and risk management to identify attractive opportunities. This fund plays a significant role in providing investors access to the growth potential and diversification benefits associated with emerging markets equities within a broader investment portfolio.
Fund Family Lazard
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RLEOX
Share Class R6
Index MSCI EM (Emerging Markets) NR USD
RLEOX had a total return of 16.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.13%.
