Lazard Emerging Markets boasts a veteran leader, robust supporting cast, and disciplined process that earn it a Morningstar Analyst Rating of Bronze for all share classes despite recent poor performance.
Lazard Emerging Markets Equity Instl LZEMX
NAV / 1-Day Return
18.63
/
1.43
%
Total Assets
4.4 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.080%
Expense Ratio
1.080%
Fee Level
Average
Longest Manager Tenure
26.65
years
Category
Diversified Emerging Mkts
Investment Style
Large ValueMin. Initial Investment
10,000
Status
Limited
TTM Yield
2.06%
Turnover
39%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will LZEMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LZEMX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LZEMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of LZEMX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Recent performance aside, this strategy still has merit.
