- 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 $1.91B 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 the fund issuer.
- 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.
