Funds provided by Lazard (Dublin)

					Performance1
Fund Name	Morningstar Rating2	Fund Rating3	Annual Management Charge (%)	1 Year Change (%)	Quartile Rank over 1 Year	3 Years Change (%)	Quartile Rank over 3 Years	Performance Details
Lazard Emerging Markets Eqty USD	Not rated	Not rated	1	12.97	4			Performance Details for Lazard Emerging Markets Eqty USD
Lazard Emerging World		Not rated	1.5	6.32	3	101.49	1	Performance Details for Lazard Emerging World
Lazard European Equity EURO		Not rated	1.5	-5.25	2	43.54	3	Performance Details for Lazard European Equity EURO
Lazard European High Yield Bd		Not rated	1.25	10.04	2	22.93	3	Performance Details for Lazard European High Yield Bd
Lazard Global Equity		Not rated	1.5	-10.37	4	13.14	4	Performance Details for Lazard Global Equity
Lazard Japanese Equity JPY		Not rated	1.5	-7.55	1	11.18	1	Performance Details for Lazard Japanese Equity JPY
Lazard North American Equity		Not rated	1.5	-14.45	4	3.74	3	Performance Details for Lazard North American Equity
Lazard Pan European Equity		Not rated	1.5	-7.08	2	36.46	2	Performance Details for Lazard Pan European Equity
Lazard Sterling Hi Quality Bd R		Not rated	1	-0.05	4	-0.98	4	Performance Details for Lazard Sterling Hi Quality Bd R
Lazard UK Equity GBP		Not rated	1.5	-14.21	3	18.65	3	Performance Details for Lazard UK Equity GBP

Notes about the table

1All performances are expressed as percentage change, calculated in sterling on a bid-to-bid basis with dividend income reinvested gross of any applicable taxes. Quartile rankings descend from 1 (top 25%) to 4 (bottom 25%).

2The Morningstar Rating are a rating of the risk-return profile of a fund, calculated using a fund’s monthly performance relative to its sector average for each of the 36 months over the three years to date. The average and volatility of these 36 numbers is used to calculate a fund’s star rating. More stars are better. You may wish to read further about the history of the fund star ranking.

3Fund Ratings aim to identify investment funds that have provided consistently strong performance year after year relative to a meaningful peer group. You may wish to read more about the fund rating process.