Lazard International Strategic Equity Fund
You might think it’s batty to go long on international investments after the rough year for China and Europe. But the time to buy is when there’s blood in the streets, right?
By averaging into a global mutual fund across the next few months, you have a good chance of finding long-term appreciation in your investment. And if you can rely on a good mutual fund manager to pick the best opportunities, all the better for you.
That’s where Lazard International Strategic Equity Fund (LISOX) comes in. With a modest gross expense ratio of 1.13%, the fund costs you just $113 a year for every $10,000 you invest. And its active management style makes sure you are in the best global opportunities.
You might scoff at the notion of global trading, but in the past 12 months, this Lazard fund has returned almost 29% vs. about 19% for the S&P 500.
That should prove to you the LISOX mutual fund is worth a look.