- What does GLIX invest in?
- The GLIX fund aims to achieve superior returns by capitalizing on the sustained expansion and modernization of global infrastructure over the long term. Its investment strategy primarily targets large, established corporations that derive over half of their revenue or asset base from infrastructure-related activities. This encompasses a wide array of sectors, including water treatment, the generation and distribution of energy and other essential resources, communication and media services, as well as the construction or operation of critical physical assets like pipelines, roads, airports, railways, and ports. The fund's security selection process emphasizes businesses with monopolistic characteristics, known for their reliable, long-term cash flow generation and revenues that are often linked to inflation. These companies also typically exhibit lower volatility compared to the broader equity market. The portfolio is concentrated, holding between 25 and 50 carefully chosen infrastructure firms. GLIX provides extensive global diversification, offering exposure to markets in both developed and emerging economies. To minimize the impact of currency fluctuations, particularly against the US dollar, the fund employs foreign currency forward contracts. Furthermore, GLIX may utilize repurchase agreements and various money market instruments.
- What is the expense ratio of GLIX?
- Lazard Listed Infrastructure ETF (GLIX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is GLIX?
- Lazard Listed Infrastructure ETF (GLIX) manages $45.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is GLIX actively managed or an index fund?
- GLIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was GLIX launched?
- Lazard Listed Infrastructure ETF (GLIX) launched in October 2025 and is managed by Lazard.
- How has GLIX performed?
- GLIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
