Lazard US Realty Equity Portfolio

Class Inst (LREIX)

Risk

Volatility Measurements

Updated 02.28.2014

Standard Deviation 19.08
Mean 1.0
Sharpe Ratio 0.63
Bear Market Decile Rank 91

Modern Portfolio Theory Statistics

Updated 02.28.2014

Standard Index
MSCI ACWI NR USD
Best Fit Index
R-Squared 56.49
Beta 0.99
Alpha 3.05