About RLIEX
Lazard International Equity Portfolio R6 is a mutual fund focused on international equity investments, managed by an experienced team at Lazard Asset Management. The fund seeks long-term capital appreciation by investing primarily in equity securities of large, non-U.S. companies, emphasizing those that are deemed undervalued based on their financial productivity and attractive valuations. The portfolio typically blends holdings across major sectors including industrials, consumer defensive, healthcare, technology, energy, and more, with only a limited exposure—up to 10%—to emerging markets, favoring developed international markets for stability. The investment style is classified as 'foreign large blend,' highlighting a diversified approach among various large-cap stocks outside the United States. The fund employs a disciplined, bottom-up stock selection process and maintains a moderate turnover rate, aiming for sustainable growth over market cycles. Designed for institutional retirement plans, this share class features a competitive expense ratio and a significant minimum initial investment, reflecting its institutional focus. Lazard International Equity Portfolio R6 plays a significant role for investors seeking diversified international exposure within a professionally managed framework.
Fund Family Lazard
Category Foreign Large Blend
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RLIEX
Share Class R6 Shares
Index MSCI EAFE NR USD
RLIEX had a total return of 19.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.15%.
