Lazard Global Managed Volatility Fund A Acc USD

The Fund is a diversified global equity strategy that seeks to produce stable, equity returns with total risk well below market levels. The consistent emphasis of the Fund is on the creation of alpha in a low volatility equity portfolio. Stocks are selected for the Fund using a proprietary, quantitatively-based, multi-factor investment process that favours stocks with fundamental attractiveness and below average risk characteristics. The Fund is well diversified across economic sectors without adherence to a traditional market capitalisation weighted benchmark.