Lazard Retirement US Equity Select Portfolio

C000028466 Fund Overview

Lazard Retirement US Equity Select Portfolio is a US mutual fund managed by Lazard Retirement Series INC, categorised as Developed ex-US Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Lazard Retirement Series INC
• Category: Developed ex-US Value Equity
• Assets under management: $8.75M
• SEC CIK: 0001033669
• SEC series ID: S000010294
• Share class ID: C000028466

C000028466 Investment Objective and Strategy

Lazard Retirement US Equity Select Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lazard Retirement Series INC.

Investment objective

The Portfolio seeks long-term capital appreciation.

Principal investment strategy

The Portfolio invests primarily in equity securities, principally common stocks, of US companies that the Investment Manager believes have strong and/or improving financial productivity and are undervalued based on their earnings, cash flow or asset values. Although the Portfolio generally focuses on large cap companies, the market capitalizations of issuers in which the Portfolio invests may vary with market conditions and the Portfolio also may invest in mid cap and small cap companies. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities of US companies. The Portfolio may invest up to 20% of its assets in securities of non-US companies.

C000028466 Costs and Fees

C000028466 costs about $100 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.00%
• Gross expense ratio: 2.07%
• Portfolio turnover: 67%
• Brokerage commissions: 4.33 bps of average net assets (SEC N-CEN)

C000028466 Cashflows

Over the 12 months to 2019-09, Lazard Retirement US Equity Select Portfolio had net outflows of $586.60K, from monthly SEC N-PORT filings.

C000028466 Debt Constituents

No individual debt constituents are reported in Lazard Retirement US Equity Select Portfolio's latest SEC N-PORT filing.

C000028466 Prospectus and SEC Filings

Official Lazard Retirement US Equity Select Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-05-06
• Prospectus (485BPOS) — filed 2018-05-18
• Prospectus supplement (497) — filed 2018-05-18
• Portfolio holdings (N-PORT) — filed 2019-11-19
• Annual census (N-CEN) — filed 2019-03-18

Related Funds

Other Developed ex-US Value Equity funds tracked on ABC INVEST:

• ICON International Equity Fund (IIQCX)
• Counterpoint Long-Short Equity Fund (CPQAX)
• Amana Equity Income ETF (AMEI)
• Aristotle Multi-Sector Income ETF (ARMS)
• Integrity Dividend Harvest ETF (DIVH)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.