- What does RLITX invest in?
- The fund invests primarily in equity securities, principally common stocks, of non-U.S. companies whose principal activities are located in countries represented by the MSCI EAFE Index that the Investment Manager believes are undervalued based on their earnings, cash flow or asset values. It may invest up to 15% of its assets in securities of companies whose principal business activities are located in emerging market countries. Under normal circumstances, the fund invests at least 80% of its assets in equity securities.
- What is the expense ratio of RLITX?
- Lazard International Strategic Eq R6 (RLITX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RLITX?
- Lazard International Strategic Eq R6 (RLITX) manages $1.51B 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 RLITX actively managed or an index fund?
- RLITX 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 (RLITX's is 0.82%) because there's no security selection cost.
- When was RLITX launched?
- Lazard International Strategic Eq R6 (RLITX) launched in January 2015 and is managed by the fund issuer.
- How has RLITX performed?
- RLITX'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.
