Lazard Developing Markets Equity Portfolio Open Shares

 (MUTF:LDMOX)   Watch this mutual fund  
Find more results for MUTF:LDMOX

Performance

Trailing returns

1 day   +0.35%
   
1 week   +0.78%
   
4 week   +2.56%
   
3 month   +14.92%
   
YTD   +13.13%
   
1 year   +25.98%
   
3 years*   +3.61%
   
5 years*
   
-1.19%  
*annualized
Best 3 month return+80.26%  
Worst 3 month return-34.60%  

Morningstar statistics

Morningstar category: Diversified Emerging Mkts
  Return Risk Rating
3 years Average Above Average
5 years Low Above Average
10 years     -     - -
Overall Below Average Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets211.72M 
Front load-  
Deferred load-  
Expense ratio1.57%  
Management fee-  
Fund familyLazard 

Asset allocation

Cash1.98%  
Stocks96.78%  
Bonds0.00%  
Other1.24%  

Purchase information

Initial$2,500  
Additional$50  
IRA Initial$2,500  
AIP Initial$2,500  
AIP Additional$50  
11.67+0.04(0.34%)
Mar 23, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks long-term capital appreciation. The Portfolio invests primarily in equity securities, principally common stocks, of non-U.S. companies whose principal activities are located in emerging market countries (also known as "developing markets"). Under normal circumstances, it invests at least 80% of its assets in equity securities of companies whose principal business activities are located in emerging market countries.
Fund filings (PDF) »
Asset managers:
John Reinsberg (Started: Sep 30, 2008)
Kevin O'Hare (Started: Sep 30, 2008)
James Donald (Started: Sep 30, 2008)
Peter Gillespie (Started: Sep 30, 2008)
Advisor Company:
Lazard Asset Management LLC
Fund family reports on Morningstar »
50 Stratton Street W1J 8LL, London W1J 8ll, New York, NY 10112, USA
020-7448-2110 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 7.82 1.93 -6.03     -
Beta* 1.23 1.22 1.11     -
Mean annual return 2.52 0.21 -0.10     -
R-squared* 66.43 70.08 71.46     -
Standard deviation 16.17 17.82 16.98     -
Sharpe ratio 1.84 0.13 -0.08     -
* Against standard index

Top 10 holdings

Security Net Assets  
Sberbank of Russia PJSC (AKSJF) 3.82%  
Bank Rakyat Indonesia (Persero) Tbk Class B (BKRKF) 3.12%  
Ping An Insurance (Group) Co. of China Ltd H (PIAIF) 3.04%  
OAO Novatek GDR (NOVKY) 3.02%  
Korea Aerospace Industries Ltd (047810) 2.97%  
Brilliance China Automotive Holdings Ltd (BCAUF) 2.93%  
Aurobindo Pharma Ltd (AUROPHARMA) 2.83%  
Glenmark Pharmaceuticals Ltd (GLENMARK) 2.83%  
Tencent Holdings Ltd (TCTZF) 2.63%  
Credicorp Ltd (BAP) 2.62%