Lazard Global Strategic Equity Portfolio
Data updated: 2024-05-29
C000145068 — Lazard Global Strategic Equity Portfolio. Holdings, fees, performance and SEC filings.
C000145068 Fund Overview
Lazard Global Strategic Equity Portfolio is a US mutual fund managed by Lazard Funds INC, categorised as Global (incl. US) Large Cap Value Information Technology 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 Funds INC
- Category: Global (incl. US) Large Cap Value Information Technology Equity
- Assets under management: $11.54M
- 1-year return: 17.7%
- SEC CIK: 0000874964
- SEC series ID: S000046422
- Share class ID: C000145068
C000145068 Investment Objective and Strategy
Lazard Global Strategic Equity Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lazard Funds INC.
Investment objective
The Portfolio seeks long-term capital appreciation.
Principal investment strategy
The Portfolio invests primarily in equity securities, principally common stocks, of companies that the Investment Manager believes are undervalued based on their earnings, cash flow or asset values. The Investment Manager seeks to realize the Portfolios investment objective primarily through stock selection, investing in companies believed to have sustainably high or improving returns and trading at attractive valuations. The Portfolio may invest in securities of companies whose principal business activities are located in emerging market countries, and the allocation of the Portfolios assets to emerging market countries may vary from time to time. The Portfolio may invest in securities of companies across the capitalization spectrum. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities.
In addition, under normal market conditions, the Portfolio invests significantly (at least 40%unless market conditions are not deemed favorable by the Investment Manager, in which case the Portfolio would invest at least 30%) in non-US companies. The Investment Manager allocates the Portfolios assets among various regions and countries, including the United States (but in no less than three different countries). The allocation of the Portfolios assets among geographic sectors may shift from time to time based on the Investment Managers judgment and its analysis of market conditions. Although the Portfolio is classified as diversified under the 1940 Act, it may invest in a smaller number of issuers than other, more diversified investment portfolios.
C000145068 Holdings
Top 10 holdings of Lazard Global Strategic Equity Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 5.33% |
| NVIDIA Corp | 4.47% |
| Alphabet Inc | 4.32% |
| Novo Nordisk A/S | 4.28% |
| Taiwan Semiconductor Manufacturing Co Ltd | 3.13% |
| IQVIA Holdings Inc | 3.00% |
| S&P Global Inc | 2.93% |
| Thermo Fisher Scientific Inc | 2.82% |
| Marsh & McLennan Cos Inc | 2.67% |
| State Street Global Advisors | 2.43% |
C000145068 Portfolio Allocation
Asset-class allocation of Lazard Global Strategic Equity Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.6% |
| Cash & Equivalents | 2.4% |
C000145068 Performance
Total returns for C000145068 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 17.7% |
| 3 years (annualised) | 4.5% |
C000145068 Risk Information
Risk metrics for C000145068, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.4%
C000145068 Costs and Fees
C000145068 costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 2.00%
- Portfolio turnover: 32%
- Brokerage commissions: 8.70 bps of average net assets (SEC N-CEN)
C000145068 Cashflows
Over the 12 months to 2024-03, Lazard Global Strategic Equity Portfolio had net outflows of $1.25M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$9.39K |
| 2024-02 | −$72.15K |
| 2024-01 | −$45.74K |
| 2023-12 | $55.65K |
| 2023-11 | −$23.77K |
| 2023-10 | −$42.95K |
C000145068 Debt Constituents
No individual debt constituents are reported in Lazard Global Strategic Equity Portfolio's latest SEC N-PORT filing.
C000145068 Prospectus and SEC Filings
Official Lazard Global Strategic Equity Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-28
- Prospectus (485BPOS) — filed 2022-04-26
- Prospectus supplement (497) — filed 2022-04-29
- Portfolio holdings (N-PORT) — filed 2024-05-29
- Portfolio holdings (N-PORT) — filed 2024-02-26
- Portfolio holdings (N-PORT) — filed 2023-11-17
- Annual census (N-CEN) — filed 2024-03-05
- Annual census (N-CEN) — filed 2023-03-15
Related Funds
Related funds tracked on ABC INVEST:
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.