Lazard Introduction

Lazard's Emerging Markets Fund aims to outperform the MSCI Emerging Markets Index with lower than index levels of volatility, achieving long-term capital growth for investors.

Fund Performance Target
To achieve long-term capital growth by investing in companies located in, or doing significant business in, emerging market countries

We believe that the key benefits of the Emerging Markets Fund are:

An experienced, cohesive team commanding an average of 15 years investment experience
A strong track record of outperforming both indices and competitors over the long-term
Significant expertise across multiple emerging market sectors, bringing additional depth to the investment process
A dedicated allocation of resources to Emerging Markets investing
Managers take considered risk where they have insight, and actively avoiding unintentional risk
Our scale and reputation, which guarantees exceptional access to company managements worldwide

Where appropriate all data contained herein are sourced by Lazard Asset Management or affiliates unless otherwise noted as at date indicated on performance tab.

†There is no assurance that the Fund's objectives or performance targets will be achieved.

This is a financial promotion and is not intended to constitute investment advice.

The Fund is a sub-fund of Lazard Investment Funds, a UK-authorised Open Ended Investment Company (“OEIC”) and UCITS. The Authorised Corporate Director of the Fund is Lazard Fund Managers Limited, which is authorised and regulated by the Financial Services Authority (“FSA”) and is a member of IMA.

**S.I. - since inception. [Inception_Date]

Past performance is not a reliable indicator of future results.

Investors are reminded that the value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your investment you may get back less than you originally invested.

*Any yield quoted is gross and is not guaranteed. It is subject to fees, taxation and charges within the fund and the investor will receive less than the gross yield.

Investments in emerging markets carry an above-average degree of risk due to the undeveloped nature of the securities markets in those countries. Investors should consider carefully whether or not investment in emerging markets stocks is suitable for them and, if so, how substantial a part of their portfolio such investments should be.

The information provided should not be considered a recommendation or solicitation to purchase, retain or sell any particular security. It should also not be assumed that any investment in these securities was or will be, profitable.

This financial promotion is issued and approved by Lazard Asset Management Limited, 50 Stratton Street, London W1J 8LL. Lazard Asset Management Limited is incorporated in England and Wales with registered number 525667. It is authorised and regulated by the Financial Services Authority.

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