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Morningstar

LGM Risk Managed Total Return Ins LBETX

Morningstar Medalist Rating
Medalist Rating as of | See LGM Investment Hub
  • NAV / 1-Day Return 10.55  /  −0.28 %
  • Total Assets 13.3 Mil
  • Adj. Expense Ratio
    2.860%
  • Expense Ratio 2.860%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield —
  • Turnover 1,361%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:05 AM GMT+0

Morningstar’s Analysis LBETX

Will LBETX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LBETX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LBETX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LBETX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in LGM Risk Managed Total Return Ins's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LBETX

More LBETX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 53.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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—

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47.35 5.7 Mil
Cash and Equivalents

Cash

−0.62 −74,662
Cash and Equivalents