SEI Institutional Investments Trust Large Cap Index Fund

Frequently Asked Questions About LCIAX

What does LCIAX invest in?

The fund invests substantially all of its assets (at least 80%) in securities listed in the Russell 1000 Index. The Russell 1000 Index (the index) measures the performance of the large-cap segment of the U.S. equity universe and includes approximately 1000 of the largest securities based on their market capitalization.

What is the expense ratio of LCIAX?

SEI Institutional Investments Trust Large Cap Index Fund (LCIAX) charges an expense ratio of 0.13%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LCIAX?

SEI Institutional Investments Trust Large Cap Index Fund (LCIAX) manages $1.90B 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 LCIAX actively managed or an index fund?

LCIAX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (LCIAX's is 0.13%) because there's no security selection cost.

When was LCIAX launched?

SEI Institutional Investments Trust Large Cap Index Fund (LCIAX) launched in September 2007 and is managed by SEI.

How has LCIAX performed?

LCIAX'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.