ECEOX: Lazard Emerging Markets Core Equity Open

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ECEOX Lazard Emerging Markets Core Equity Open


Profile

ECEOX - Profile

Vitals

  • YTD Return -5.7%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return 3.8%
  • Net Assets $182 M
  • Holdings in Top 10 44.3%

52 WEEK LOW AND HIGH

$11.09
$7.65
$12.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.90%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 19.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return -5.7%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.48%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Lazard Emerging Markets Core Equity Portfolio
  • Fund Family Name
    Lazard
  • Inception Date
    Oct 31, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Stephen Russell

Fund Description

Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities of companies that are economically tied to emerging market countries. In managing the Portfolio, the Investment Manager utilizes a flexible, core investment approach and engages in bottom-up, fundamental security analysis and selection. The Investment Manager may consider a security's growth or value potential in managing the Portfolio.


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Categories

Performance

ECEOX - Performance

Return Ranking - Trailing

Period ECEOX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.7% -33.5% 394.9% 82.55%
1 Yr 7.3% -48.2% 456.9% 68.43%
3 Yr 0.1%* -19.0% 72.4% 64.26%
5 Yr 3.8%* -13.6% 29.5% 60.75%
10 Yr N/A* -11.7% 10.3% N/A

* Annualized

Return Ranking - Calendar

Period ECEOX Return Category Return Low Category Return High Rank in Category (%)
2019 19.1% -19.9% 42.0% 48.10%
2018 -19.6% -41.9% 1.7% 54.04%
2017 39.3% 0.0% 50.3% 26.96%
2016 2.7% -9.2% 241.4% 74.59%
2015 -10.8% -33.9% -1.5% 24.29%

Total Return Ranking - Trailing

Period ECEOX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.7% -33.5% 394.9% 82.55%
1 Yr 7.3% -48.2% 456.9% 68.43%
3 Yr 0.2%* -18.7% 72.4% 71.99%
5 Yr 3.9%* -11.9% 32.5% 64.69%
10 Yr N/A* -11.7% 14.6% N/A

* Annualized

Total Return Ranking - Calendar

Period ECEOX Return Category Return Low Category Return High Rank in Category (%)
2019 19.1% -19.9% 42.0% 48.10%
2018 -19.5% -41.9% 1.7% 61.78%
2017 39.8% 0.0% 50.4% 25.68%
2016 3.2% -9.2% 249.7% 76.65%
2015 -10.8% -33.9% -1.5% 29.05%

NAV & Total Return History


Holdings

ECEOX - Holdings

Concentration Analysis

ECEOX Category Low Category High ECEOX % Rank
Net Assets 182 M 202 K 86.1 B 59.23%
Number of Holdings 78 1 4478 58.10%
Net Assets in Top 10 73.4 M 5 19.2 B 56.91%
Weighting of Top 10 44.26% 3.2% 100.0% 23.81%

Top 10 Holdings

  1. Tencent Holdings Ltd 8.64%
  2. Taiwan Semiconductor Manufacturing Co Ltd ADR 6.57%
  3. Alibaba Group Holding Ltd ADR 6.46%
  4. Samsung Electronics Co Ltd 5.68%
  5. Industrial And Commercial Bank Of China Ltd Class H 3.53%
  6. PJSC Lukoil ADR 3.20%
  7. HDFC Bank Ltd ADR 2.99%
  8. Ping An Insurance (Group) Co. of China Ltd Class H 2.76%
  9. New Oriental Education & Technology Group Inc ADR 2.31%
  10. Unilever NV ADR 2.12%

Asset Allocation

Weighting Return Low Return High ECEOX % Rank
Stocks
98.77% 0.00% 104.40% 32.94%
Cash
1.23% -8.91% 100.00% 62.11%
Preferred Stocks
0.00% 0.00% 5.26% 26.30%
Other
0.00% -6.93% 11.95% 29.72%
Convertible Bonds
0.00% 0.00% 15.58% 17.24%
Bonds
0.00% -0.09% 11.10% 28.36%

Expenses

ECEOX - Expenses

Operational Fees

ECEOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.90% 0.04% 59.58% 34.42%
Management Fee 1.00% 0.00% 2.00% 58.58%
12b-1 Fee 0.25% 0.00% 1.00% 27.16%
Administrative Fee N/A 0.01% 1.25% 8.21%

Sales Fees

ECEOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.20% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ECEOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 86.09%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ECEOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 0.00% 227.60% 13.78%

Distributions

ECEOX - Distributions

Dividend Yield Analysis

ECEOX Category Low Category High ECEOX % Rank
Dividend Yield 0.00% 0.00% 5.05% 23.75%

Dividend Distribution Analysis

ECEOX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ECEOX Category Low Category High ECEOX % Rank
Net Income Ratio 1.48% -1.40% 6.05% 46.39%

Capital Gain Distribution Analysis

ECEOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ECEOX - Fund Manager Analysis

Managers

Stephen Russell


Start Date

Tenure

Tenure Rank

Oct 31, 2013

6.75

6.8%

Stephen Russell, a Director of the Investment Manager, is a portfolio manager/analyst on the Investment Manager's Emerging Markets Core Equity and Latin America Equity teams. Prior to joining the Investment Manager in 2011, Mr. Russell was a portfolio manager for Deutsche Asset Management's Emerging Markets and Latin America equity institutional and retail strategies. Mr. Russell is a CFA Charterholder.

Thomas Boyle


Start Date

Tenure

Tenure Rank

Oct 31, 2013

6.75

6.8%

Thomas Boyle is a Portfolio Manager/Analyst on the Emerging Markets Core Equity and Latin American Equity teams. He started working in the investment field in 1997. Prior to joining Lazard in 2010, Thomas spent 11 years with Deutsche Asset Management providing expertise in the areas of bottom-up research, portfolio construction and client service for their Emerging Markets and Latin America Equity institutional and retail strategies. Thomas has a Masters in Finance from Brandeis University and a BA from the University of Massachusetts at Amherst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.45 6.05 0.66