Nomura Focused Large Growth ETF

Frequently Asked Questions About LRGG

What does LRGG invest in?

The LRGG exchange-traded fund, originally known as the Macquarie Focused Large Growth ETF, primarily invests in substantial U.S. corporations that demonstrate significant potential for expansion. Its main objective is to capitalize on high-quality stock selections to generate maximum long-term growth opportunities. The rigorous investment selection process integrates both qualitative and quantitative analyses. A thorough, bottom-up qualitative assessment seeks out companies with robust and sustainable competitive advantages, examining crucial aspects like brand loyalty, unique proprietary technology, efficient cost structures, return on capital, the caliber of management, and broader industry trends. Concurrently, quantitative measures are applied, scrutinizing financial indicators such as profitability, capital intensity, the effectiveness of capital allocation, cash flow generation, and overall valuation. This comprehensive approach initially identifies a pool of approximately 100 companies, which the fund managers designate as their "Franchise Growth Universe." From this curated list, the fund typically constructs a concentrated portfolio, holding between 15 to 25 companies. Positions may be divested if there are notable shifts in industry dynamics, if a company's competitive edge diminishes, in instances of ineffective leadership, or when the potential for future gains becomes constrained. Important Note: As of December 1, 2025, the fund's name will officially change from Macquarie to Nomura.

What is the expense ratio of LRGG?

Nomura Focused Large Growth ETF (LRGG) charges an expense ratio of 0.44%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LRGG?

Nomura Focused Large Growth ETF (LRGG) manages $292.3M 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 LRGG actively managed or an index fund?

LRGG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was LRGG launched?

Nomura Focused Large Growth ETF (LRGG) launched in May 2024 and is managed by Nomura.

How has LRGG performed?

LRGG'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.