Lazard
Global Total Return & Income Fund
Lazard Global Total
Return & Income Fund's objective is total return, consisting of
capital appreciation and current income. The Fund seeks to achieve its
objectives by investing in a portfolio of approximately 35 to 45 equity
securities with a market cap of $5 billion or greater at the time of
purchase, which are domiciled in those countries that comprise the MSCI
World Index. The Fund seeks enhanced income by investing in emerging
market debt instruments, including emerging market forward currency
contracts.
The
Fund is managed by Lazard Asset Management LLC, a subsidiary of Lazard
Frères & Co. LLC, the world's pre-eminent financial advisory
firm. Lazard Asset Management is a multi-product manager, well known
in both the institutional and public arenas. The firm is a value-oriented
investment organization that is distinguished by an integrated team
approach to investing and offers a range of equity, fixed income, and
alternative investment products that span a range of risk-return parameters.
Lazard Asset Management is known for its strong global research platform
comprised of analysts with international accounting and finance skills.