Lazard Global Realty Equity Portfolio

Class Inst (LITIX)

U.S. News evaluated 56 Global Real Estate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 15.08 percent over the past year, 8.49 percent over the past three years, and 11.81 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 10.9%
1 Year 15.1%
3 Years (Annualized) 8.5%
5 Years (Annualized) 11.8%
10 Years (Annualized) N/A

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Summary

The investment seeks primarily long-term capital appreciation, with current income, including interest and dividends from portfolio securities, as a secondary objective. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities (including common, convertible and preferred stocks) of Realty Companies (defined below), as well as certain synthetic instruments relating to Realty Companies. It also may invest up to 20% of its assets in equity and fixed income securities and instruments of companies or entities, including, but not limited to, other investment companies. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Lazard Global Realty Equity Portfolio has an expense ratio of 1.22 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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