0000930413-20-000823.txt : 20200319 0000930413-20-000823.hdr.sgml : 20200319 20200319172444 ACCESSION NUMBER: 0000930413-20-000823 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200319 DATE AS OF CHANGE: 20200319 EFFECTIVENESS DATE: 20200319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAZARD FUNDS INC CENTRAL INDEX KEY: 0000874964 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-40682 FILM NUMBER: 20729440 BUSINESS ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 BUSINESS PHONE: 2126326000 MAIL ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAZARD RETIREMENT SERIES INC CENTRAL INDEX KEY: 0001033669 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-22309 FILM NUMBER: 20729439 BUSINESS ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 212-632-6000 MAIL ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 0000874964 S000010263 Lazard International Small Cap Equity Portfolio C000028358 Open Shares LZSMX C000028359 Institutional Shares LZISX C000134184 R6 Shares RLICX 0000874964 S000010264 Lazard Emerging Markets Equity Portfolio C000028360 Open Shares LZOEX C000028361 Institutional Shares LZEMX C000134185 R6 Shares RLEMX 0000874964 S000010265 Lazard US Corporate Income Portfolio C000028362 Open Shares LZHOX C000028363 Institutional Shares LZHYX C000134186 R6 Shares RLCIX 0000874964 S000010266 Lazard US Equity Focus Portfolio C000028364 Open Shares LZUOX C000028365 Institutional Shares LZUSX C000134187 R6 Shares RLUSX 0000874964 S000010267 Lazard US Equity Concentrated Portfolio C000028366 Open Shares LEVOX C000028367 Institutional Shares LEVIX C000134188 R6 Shares RLUEX 0000874964 S000010269 Lazard US Small-Mid Cap Equity Portfolio C000028370 Open Shares LZCOX C000028371 Institutional Shares LZSCX C000134190 R6 Shares RLSMX 0000874964 S000010271 Lazard International Equity Portfolio C000028374 Open Shares LZIOX C000028375 Institutional Shares LZIEX C000134191 R6 Shares RLIEX 0000874964 S000010272 Lazard International Equity Select Portfolio C000028376 Open Shares LZESX C000028377 Institutional Shares LZSIX C000134192 R6 Shares RLIQX 0000874964 S000010273 Lazard International Strategic Equity Portfolio C000028378 Open Shares LISOX C000028379 Institutional Shares LISIX C000134193 R6 Shares RLITX 0000874964 S000020883 Lazard Opportunistic Strategies Portfolio C000058929 Institutional Shares LCAIX C000058930 Open Shares LCAOX C000134194 R6 Shares RLCPX 0000874964 S000023480 Lazard Developing Markets Equity Portfolio C000069022 Institutional Shares LDMIX C000069023 Open Shares LDMOX C000134195 R6 Shares RLDMX 0000874964 S000027245 Lazard Global Listed Infrastructure Portfolio C000082231 Institutional Shares GLIFX C000082232 Open Shares GLFOX C000134196 R6 Shares RLGLX 0000874964 S000028828 Lazard Emerging Markets Equity Blend Portfolio C000088404 Institutional Shares EMBIX C000088405 Open Shares EMBOX C000134197 R6 Shares RLEBX 0000874964 S000031123 Lazard Emerging Markets Debt Portfolio C000096531 Institutional Shares LEDIX C000096532 Open Shares LEDOX C000134198 R6 Shares RLEDX 0000874964 S000031124 Lazard US Short Duration Fixed Income Portfolio C000096533 Institutional Shares UMNIX C000096534 Open Shares UMNOX C000134199 R6 Shares RLSDX 0000874964 S000033724 Lazard US Realty Equity Portfolio C000103954 Open Shares LREOX C000105887 Institutional Shares LREIX C000134202 R6 Shares RLREX 0000874964 S000035892 Lazard Global Fixed Income Portfolio C000110020 Institutional Shares LZGIX C000110021 Open Shares LZGOX C000134204 R6 Shares RLGFX 0000874964 S000037196 Lazard Global Dynamic Multi-Asset Portfolio C000114570 Institutional Shares GDMIX C000114571 Open Shares GDMOX C000134205 R6 Shares GDMAX 0000874964 S000042723 Lazard Emerging Markets Core Equity Portfolio C000132106 Institutional Shares ECEIX C000132107 Open Shares ECEOX C000136816 R6 RLEOX 0000874964 S000043739 Lazard Global Equity Select Portfolio C000135644 Institutional Shares GESIX C000135645 Open Shares GESOX C000135646 R6 Shares RLGEX 0000874964 S000046422 Lazard Global Strategic Equity Portfolio C000145068 Institutional Shares LSTIX C000145069 Open Shares LSTOX C000145070 R6 Shares RGSTX 0000874964 S000046423 Lazard International Equity Concentrated Portfolio C000145071 Institutional Shares LCNIX C000145072 Open Shares LCNOX C000145073 R6 Shares RICNX 0000874964 S000047900 Lazard Enhanced Opportunities Portfolio C000150427 Institutional Shares LEOIX C000150428 Open Shares LEOOX C000150429 R6 Shares RLZEX 0000874964 S000049414 Lazard Emerging Markets Equity Advantage Portfolio C000156252 Institutional Shares LEAIX C000156253 Open Shares LEAOX C000156254 R6 Shares READX 0000874964 S000049415 Lazard International Equity Advantage Portfolio C000156255 Institutional Shares IEAIX C000156256 Open Shares IEAOX C000156257 R6 Shares RIADX 0000874964 S000049416 Lazard Managed Equity Volatility Portfolio C000156258 Institutional Shares MEVIX 0000874964 S000056012 Lazard Real Assets and Pricing Opportunities Portfolio C000176375 Institutional Shares RALIX C000176376 Open Shares RALOX C000176377 R6 Shares RALYX 0000874964 S000059092 Lazard Equity Franchise Portfolio C000193735 Institutional Shares LZFIX C000193736 Open Shares LZFOX C000193737 R6 Shares RLZFX 0000874964 S000063440 Lazard International Equity Value Portfolio C000205571 R6 Shares C000205572 Institutional Shares C000205573 Open Shares 0000874964 S000064063 Lazard International Quality Growth Portfolio C000207192 Open Shares OCMPX C000207193 R6 Shares RCMPX C000207194 Institutional Shares ICMPX 0001033669 S000010295 Lazard Retirement Emerging Markets Equity Portfolio C000028468 Service Shares C000028469 Investor Shares 0001033669 S000010297 Lazard Retirement US Equity Concentrated Portfolio C000028472 Service Shares C000028473 Investor Shares 0001033669 S000010298 Lazard Retirement US Small-Mid Cap Equity Portfolio C000028474 Service Shares C000028475 Investor Shares 0001033669 S000010300 Lazard Retirement International Equity Portfolio C000028478 Service Shares C000028479 Investor Shares 0001033669 S000010301 Lazard Retirement International Equity Select Portfolio C000028480 Service Shares C000028481 Investor Shares 0001033669 S000010302 Lazard Retirement International Strategic Equity Portfolio C000028482 Service Shares C000028483 Investor Shares 0001033669 S000010303 Lazard Retirement International Small Cap Equity Portfolio C000028484 Service Shares C000028485 Investor Shares 0001033669 S000021760 Lazard Retirement Opportunistic Strategies Portfolio C000062441 Service Shares C000062442 Investor Shares 0001033669 S000023617 Lazard Retirement Developing Markets Equity Portfolio C000069487 Investor Shares C000069488 Service Shares 0001033669 S000028754 Lazard Retirement Global Listed Infrastructure Portfolio C000088071 Service Shares C000088072 Investor Shares 0001033669 S000031909 Lazard Retirement Emerging Markets Equity Blend Portfolio C000099363 Service Shares C000099364 Investor Shares 0001033669 S000037000 Lazard Retirement Global Dynamic Multi-Asset Portfolio C000113248 Investor Shares C000113249 Service Shares 0001033669 S000046419 Lazard Retirement Global Strategic Equity Portfolio C000145062 Investor Shares C000145063 Service Shares 0001033669 S000046420 Lazard Retirement International Equity Concentrated Portfolio C000145064 Investor Shares C000145065 Service Shares 0001033669 S000047898 Lazard Retirement Enhanced Opportunities Portfolio C000150423 Investor Shares C000150424 Service Shares 0001033669 S000051021 Lazard Retirement Emerging Markets Equity Advantage Portfolio C000160753 Investor Shares C000160754 Service Shares 0001033669 S000051022 Lazard Retirement International Equity Advantage Portfolio C000160755 Investor Shares C000160756 Service Shares 0001033669 S000051023 Lazard Retirement Managed Equity Volatility Portfolio C000160757 Investor Shares C000160758 Service Shares 0001033669 S000057374 Lazard Retirement Real Assets and Pricing Opportunities Portfolio C000183149 Investor Shares C000183150 Service Shares 0001033669 S000061667 Lazard Retirement Equity Franchise Portfolio C000199800 Investor Shares C000199801 Service Shares 0001033669 S000065251 Lazard Retirement International Quality Growth Portfolio C000211250 Service Shares C000211251 Investor Shares 0001033669 S000065252 Lazard Retirement International Equity Value Portfolio C000211252 Service Shares C000211253 Investor Shares 497 1 c95479_497.htm

THE LAZARD FUNDS, INC.

LAZARD RETIREMENT SERIES, INC.

Supplement to Current Summary Prospectuses and Prospectuses

 

The following replaces "Market Risk" in "Principal Investment Risks" in the summary prospectuses and in the prospectuses replaces "Summary Section—Principal Investment Risks" for each Portfolio and "Investment Strategies and Investment Risks—Glossary—Investment Risks":

Market Risk. A Portfolio may incur losses due to declines in one or more markets in which it invests. These declines may be the result of, among other things, political, regulatory, market, economic or social developments affecting the relevant market(s). In addition, turbulence in financial markets and reduced liquidity in equity, credit and/or fixed income markets may negatively affect many issuers, which could adversely affect the Portfolio. Global economies and financial markets are increasingly interconnected, and conditions and events in one country, region or financial market may adversely impact issuers in a different country, region or financial market. These risks may be magnified if certain events or developments adversely interrupt the global supply chain; in these and other circumstances, such risks might affect companies worldwide. As a result, local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issue, recessions or other events could have a significant negative impact on global economic and market conditions. The current novel coronavirus (COVID-19) global pandemic and the aggressive responses taken by many governments, including closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines or similar restrictions, as well as the forced or voluntary closure of, or operational changes to, many retail and other businesses, has had negative impacts, and in many cases severe negative impacts, on markets worldwide. It is not known how long such impacts, or any future impacts of other significant events described above, will or would last, but there could be a prolonged period of global economic slowdown, which may be expected to impact the Portfolio and its investments.

 

Dated: March 19, 2020