About LCAIX
Lazard Opportunistic Strategies Portfolio Institutional Shares is a mutual fund that employs a tactical, multi-asset approach to investing. The portfolio holds between 10 and 30 unique positions, dynamically adjusting its allocation to respond to shifting market and economic conditions. By investing globally across a mix of asset classes, such as equities, fixed income, and alternative vehicles, the fund seeks diversification by targeting uncorrelated assets. Its holdings are concentrated, with over 80% of assets typically invested in the top ten positions, including major index-based exchange-traded funds covering large-cap growth, value, international equities, and U.S. Treasuries. The fund emphasizes flexibility and active management, making notable changes to sector and regional allocations in response to market developments. Designed for institutional investors, it plays a strategic role in portfolios seeking dynamic exposure across a broad spectrum of global markets while aiming for risk-adjusted returns through tactical asset allocation.
Fund Family Lazard
Category Tactical Allocation
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol LCAIX
Share Class Institutional Shares
Index MSCI World NR USD
LCAIX had a total return of 8.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.70%.
