Enter Site >

Managed Volatility

As of September 30, 2020

Strategy Benchmark AJO Universe Segment Inception Date Clients # Assets $mm
AJO Managed Volatility MSCI USA Min Vol Index or Russell 1000 Index largest 1,000 10/31/04 5 2,130

Our managed-volatility work seeks to outperform the broad stock market with lower total (not benchmark-relative) risk. Of our universe segment for this strategy (largest 1,000 names by market cap), we consider for purchase the half with the lowest empirical volatility.

Managed Volatility Fees
0.30% on the first $250 million
0.20% on the next $250 million
0.15% on the next $500 million
0.125% thereafter

Minimum initial investment is $25 million. AJO follows a most-favored-nation policy regarding fees: no fixed-fee client pays more than the lowest fixed fee charged for a similar mandate of the same size. Performance-based fees are also available — indeed, encouraged.

See portfolio characteristics here and performance here.