RALOX – Lazard Real Assets Open Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal market conditions, the portfolio invests at least 80% of its assets in real assets investments, including instruments providing exposure to such investments. It may invest in equity securities of U.S. and non-U.S. companies, including emerging markets companies, as well as commodity-linked and other derivative instruments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
RALOX	Lazard Real Assets Portfolio Open Shares	No Load	Open			Jan 9, 2017	$209,167.00	1.080%	High	$2,500	−$73,435.52
RALIX	Lazard Real Assets Portfolio Institutional Shares	Institutional	Open			Dec 30, 2016	$5.86M	0.830%	Above Average	$10,000	$977,562.80
RALYX	Lazard Real Assets Portfolio R6 Shares	Institutional	Open			Jul 22, 2022	$592,920.00	0.780%	Average	$1M	—

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