C000088404 Performance — Lazard Emerging Markets Strategic Equity Portfolio, Institutional Shares
Data updated: 2023-05-30
C000088404 returned −7.58% over one year to Mar 2023. The annualised 3-year return is +8.20%. The fund trailed its Japan Equity category average: $100 invested three years ago grew to $127, against $131 for the category, and to $92 over one year, against $99. Volatility over the past three years was 19.83% a year. In the 12 months to Mar 2023 the fund lost a net $4.3M, and assets reached $46.75M.
C000088404 Growth of $100
What $100 invested in Lazard Emerging Markets Strategic Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Japan Equity category average over the same months.
| Period | C000088404 | Category average |
|---|---|---|
| 1 year (Apr 2022 – Mar 2023) | $92 | $99 |
| 3 years (Apr 2020 – Mar 2023) | $127 | $131 |
| Since data start (Jul 2019 – Mar 2023) | $100 | $114 |
C000088404 Trailing Returns
Total returns to Mar 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −7.58% |
| 3 years (annualised) | +8.20% |
C000088404 Annual Returns
Calendar-year total returns of Lazard Emerging Markets Strategic Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Mar) | +5.44% |
| 2022 | −19.02% |
| 2021 | −5.53% |
| 2020 | +14.74% |
| 2019 (Jul–Dec) | +8.12% |
C000088404 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +9.0% | −6.1% | +3.0% | — | — | — | — | — | — | — | — | — |
| 2022 | +0.5% | −5.3% | −2.9% | −5.5% | +1.9% | −7.5% | +0.5% | −1.0% | −10.5% | −2.4% | +16.4% | −2.5% |
| 2021 | +0.8% | +2.9% | −1.2% | +0.4% | +3.2% | −1.4% | −6.2% | +2.1% | −4.9% | +0.5% | −4.2% | +2.9% |
| 2020 | −4.1% | −5.1% | −19.8% | +9.4% | +2.6% | +7.2% | +6.0% | +1.4% | −1.5% | +1.3% | +11.6% | +9.0% |
| 2019 | — | — | — | — | — | — | −2.1% | −4.2% | +2.8% | +4.5% | +0.3% | +6.9% |
C000088404 Risk
Risk measures from monthly returns over Apr 2020 – Mar 2023.
- 3-year volatility (annualised): 19.83%
- 3-year Sharpe ratio: 0.19 (vs 4.5% risk-free rate)
- Best month: +16.45% (Nov 2022)
- Worst month: −10.55% (Sep 2022)
C000088404 Fund Flows
Monthly money in and out of Lazard Emerging Markets Strategic Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$4.3M
- 12-month gross sales (incl. reinvestments): $7.9M
- Sales ÷ redemptions: 0.65×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2023 | $143K | $295K | −$152K |
| Feb 2023 | $694K | $1.5M | −$837K |
| Jan 2023 | $1.5M | $740K | $766K |
| Dec 2022 | $1.4M | $828K | $573K |
| Nov 2022 | $692K | $1.2M | −$487K |
| Oct 2022 | $353K | $471K | −$118K |
| Sep 2022 | $248K | $1.6M | −$1.3M |
| Aug 2022 | $262K | $695K | −$433K |
| Jul 2022 | $94K | $678K | −$584K |
| Jun 2022 | $186K | $711K | −$525K |
| May 2022 | $1.0M | $1.2M | −$105K |
| Apr 2022 | $1.3M | $2.3M | −$1.0M |
C000088404 Assets Under Management
Net assets of Lazard Emerging Markets Strategic Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-03-31 | $46.75M |
| 2022-12-31 | $44.54M |
| 2022-09-30 | $41.49M |
| 2022-06-30 | $49.13M |
| 2022-03-31 | $56.94M |
| 2021-12-31 | $60.39M |
| 2021-09-30 | $60.99M |
| 2021-06-30 | $77.11M |
| 2021-03-31 | $77.74M |
| 2020-12-31 | $78.47M |
| 2020-09-30 | $73.56M |
| 2020-06-30 | $72.54M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.