Lazard Emerging Markets Instl Inc

"Lazard Emerging Markets Fund (the Fund) aims to achieve long term capital growth through investment in shares of companies which are based or have significant business interests in developing and emerging market countries.The Fund has discretion as to which shares it will hold and aims to generate returns that are better than the returns of the MSCI Emerging Markets Index. The Fund will seek to acquire shares of companies which are selling for low prices relative to the financial strength of the companies (i.e. shares which are undervalued).Portfolio transactions costs are higher for the type of securities that the Fund invests in.Income and profits, if any, attributable to your shares will not be paid out as a dividend, but will be accumulated in the Fund on your behalf and reflected in an increase in the value of your shares.You can sell your shares back to the Fund on any day normally treated as a business day in United Kingdom."

Key stats

Management firm  Lazard Asset Management Ltd.
Domicile  United Kingdom
Fund Administrator  Bank of New York Mellon (Intl) Ltd
Global Branding Name  Lazard
12 month yield  1.98%
Fund currency  GBP
Net Assets Date  2014-08-31
Net Assets  £888,304,804
Launch Date  1997-05-26
ISIN  GB0008467101
SEDOL  0846710
Manager 1 Name  James Donald
Fund Strategy  Global Emerging Markets Equity
IMA Sector  Global Emerging Markets
Benchmark  BofAML US HY Master II Constnd TR EUR
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  2.51%
Return - 2 Months  5.89 %
Return - 3 Months  6.92%
Return - 6 Months  19.90 %
Return - 9 months  10.29 %
Return - 12 Months  15.19%
Annualized return 24 months  8.96 %
Annualized return 36 months  6.60 %
Annualized return 48 months  5.40 %
Annualized return 60 months  9.17 %
Return 120 months  15.64 %
Annualized return since Inception  8.00%
Return YTD  11.84%

Ratings

Morning Star Rating Date   2014-08-31
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 120 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating

Charges

Initial  3.00 %
Minimum Investment  £200,000
Maximum Managment Charge  1.00 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  50 Stratton Street
Contact city  London
Contact country  United Kingdom
Fund Admin Group  Lazard Asset Management Ltd.
Web Address  www.lazardnet.com
Custodian  State Street Bank and Trust Company (UK)

Price

Last Price Date  2014-09-11
Pre-tax nav  2.53
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  £-0.04
Price change (percentage)  -1.60 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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