Lazard Developing Markets Equity Instl (LDMIX)
Nasdaq - Nasdaq Delayed price. Currency in USD
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Lazard Developing Markets Equity Instl
New York, NY 10112
30 Rockefeller Plaza
Lazard Funds Inc
800-823-6300
Management information
,Lead manager since 29 September 2008
Peter Gillespie is a Director and Portfolio Manager/Analyst on the Developing Markets Equity team, focusing on the industrials, materials and consumer staples sectors. He began working in the investment field in 1992. Prior to joining Lazard in 2007, Peter was a portfolio manager at Newgate Capital, LLP, where he co-managed the Asian portion of an emerging markets equity fund. Mr. Donald joined Lazard in 1996 as a Portfolio Manager/Analyst on the Emerging Markets Equity team and Head of the Emerging Markets Group. Mr. Gillespie is a CFA Charterholder.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.
Fund overview
CategoryDiversified Emerging Mkts
Fund familyLazard
Net assets88.58M
YTD return2.53%
Yield2.18%
Morningstar rating★★
Inception date29 Sept 2008
Fund operations
Last dividend0.28
Last cap gain-114.00
Holdings turnover24.00%
Average for categoryN/A
Fees and expenses
ExpenseLDMIXCategory average
Annual report expense ratio (net)1.10%1.23%
Prospectus net expense ratio1.10%N/A
Prospectus gross expense ratio1.24%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.18%
Max deferred sales loadN/A1.16%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A
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