ICMPX Fees and Costs — Lazard International Quality Growth Portfolio, Institutional Shares
Data updated: 2026-08-21
The net expense ratio is 0.83%: a 0.75% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $245K in broker commissions, 0.0571% of average net assets, and portfolio turnover was 22%.
ICMPX Fees and Expenses
Annual operating expenses and sales charges of ICMPX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.83% |
| Fee waiver | — |
| Net expense ratio | 0.83% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ICMPX Costs Over Time
On $10,000 invested in ICMPX, assuming 5% a year before costs, total costs come to $556 over 5 years, cutting the return by 0.93% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $305 | $556 |
| Value after costs | $10,407 | $11,271 | $12,207 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
ICMPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0571%
- Total broker commissions: $245K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
ICMPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $48K | 22.38% |
| BofA Securities, Inc. | $31K | 14.56% |
| Barclays Capital Inc. | $28K | 13.11% |
| J.P. Morgan Securities LLC | $23K | 10.52% |
| Goldman Sachs & Co. LLC | $22K | 10.43% |
| Jefferies LLC | $21K | 10.00% |
| UBS Securities LLC | $16K | 7.30% |
| Morgan Stanley & Co. LLC | $10K | 4.50% |
| BNP Paribas Securities Corp. | $9K | 4.38% |
| Nomura Securities International, Inc. | $6K | 2.82% |
ICMPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.5B | 100.00% |
Lazard International Quality Growth Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RCMPX | R6 Shares | 0.80% | — |
| ICMPX | Institutional Shares | 0.83% | — |
| OCMPX | Open Shares | 1.10% | — |
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.