Lazard Real Assets Open Shares

Frequently Asked Questions About RALOX

What does RALOX invest in?

Normally, this fund allocates a substantial portion—at least 80%—of its total assets to real assets, or to financial instruments that track or provide access to them. The portfolio retains flexibility to invest in stock holdings of companies domiciled in the United States, internationally, and specifically within developing economies. Furthermore, it may utilize various derivative products, such as those tied to commodities.

What is the expense ratio of RALOX?

Lazard Real Assets Open Shares (RALOX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RALOX?

Lazard Real Assets Open Shares (RALOX) manages $6.7M 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 RALOX actively managed or an index fund?

RALOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RALOX's is 1.08%) in exchange for the discretion to over- or under-weight positions.

When was RALOX launched?

Lazard Real Assets Open Shares (RALOX) launched in January 2017 and is managed by Lazard.

How has RALOX performed?

RALOX'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.