Lazard Emerging Markets Equity Portfolio R6 Shares
RLEMX · NASDAQ
Company research
Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) is an open-end equity mutual fund launched and managed by Lazard Asset Management LLC, domiciled in the United States and traded on NASDAQ. The fund seeks long-term capital appreciation by investing primarily in equity securities, principally common stocks, of non-U.S. companies whose principal activities are located in emerging market countries, with at least 80% of its assets committed to such securities under normal circumstances. Employing a value-oriented approach, the Investment Manager selects companies believed to be undervalued based on their earnings, cash flow, or asset values, benchmarking performance against the MSCI Emerging Markets Index. With approximately $3.4–4.1 billion in net assets and top geographic exposures including China, Taiwan, Brazil, and South Korea, the fund maintains a diversified portfolio of roughly 95 holdings with an expense ratio of approximately 1.07–1.11%.