LZUSX – Lazard US Equity Focus Instl Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities of U.S. companies. The Portfolio may invest up to 20% of its assets in securities of non-U.S. companies. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LZUOX	Lazard US Equity Focus Portfolio Open Shares	No Load	Open			Dec 30, 2004	$2.03M	0.950%	Above Average	$2,500	$952,598.54
LZUSX	Lazard US Equity Focus Portfolio Institutional Shares	Institutional	Open			Dec 30, 2004	$49.54M	0.700%	Average	$10,000	−$4.69M
RLUSX	Lazard US Equity Focus Portfolio R6 Shares	Retirement, Large	Open			May 19, 2014	$24.97M	0.700%	Above Average	$1M	−$11.38M

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