- What does LCAOX invest in?
- This fund employs a strategic asset allocation methodology to construct a diverse, global portfolio of investments that exhibit low correlation. It gains exposure to various asset classes, such as stocks, bonds, commodities, and other securities, primarily through underlying investment vehicles. The portfolio's main holdings are exchange-traded funds (ETFs), typically those following a passive, index-tracking approach, but it also invests in actively managed closed-end investment companies.
- What is the expense ratio of LCAOX?
- Lazard Opportunistic Strategies Portfolio Open Shares (LCAOX) charges an expense ratio of 1.46%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is LCAOX?
- Lazard Opportunistic Strategies Portfolio Open Shares (LCAOX) manages $23.9M 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 LCAOX actively managed or an index fund?
- LCAOX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LCAOX's is 1.46%) in exchange for the discretion to over- or under-weight positions.
- When was LCAOX launched?
- Lazard Opportunistic Strategies Portfolio Open Shares (LCAOX) launched in March 2008 and is managed by the fund issuer.
- How has LCAOX performed?
- LCAOX'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.
