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About Lazard Next Gen Technologies ETF
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Inception date
Apr 4, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Lazard Asset Management LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US52110K5092
TEKY invests globally in companies at the forefront in developing or enabling next-generation technologies, particularly artificial intelligence (AI). The fund targets approximately 40 to 60 companies across three segments: hardware infrastructure, enabling technologies, and AI application vendors. A proprietary data science platform is used to screen and rank potential securities based on their business exposure to AI, considering factors like product offerings, intellectual property, R&D efforts, revenue, and market presence. From this universe, a bottom-up stock selection process is employed, using tailored valuations approaches, revenue-based for early-stage firms and EV/EBITDA for established businesses. Investments include common and preferred stocks, ADRs, GDRs, warrants, rights, and participatory notes. Additionally, it may use futures and swaps for hedging or enhancing returns. The fund may hedge foreign currency exposure through forward contracts, depending on market conditions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks98.35%
Technology Services43.75%
Electronic Technology31.77%
Producer Manufacturing7.01%
Retail Trade5.66%
Commercial Services5.37%
Finance1.81%
Transportation1.65%
Consumer Durables1.32%
Bonds, Cash & Other1.65%
Cash1.65%
Stock breakdown by region
North America66.93%
Asia24.34%
Europe7.01%
Middle East1.71%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TEKY invests in stocks. The fund's major sectors are Technology Services, with 43.75% stocks, and Electronic Technology, with 31.77% of the basket. The assets are mostly located in the North America region.
TEKY top holdings are NVIDIA Corporation and Alphabet Inc. Class A, occupying 5.33% and 5.07% of the portfolio correspondingly.
TEKY assets under management is 49.48 M USD. It's risen 0.79% over the last month.
TEKY fund flows account for 3.67 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TEKY pays dividends to its holders with the dividend yield of 0.06%. The last dividend (Jun 23, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
TEKY shares are issued by Lazard, Inc. under the brand Lazard. The ETF was launched on Apr 4, 2025, and its management style is Active.
TEKY expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
TEKY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TEKY invests in stocks.
TEKY price has fallen by −1.28% over the last month, and its yearly performance shows a 49.20% increase. See more dynamics on TEKY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.30% over the last month, have fallen by −1.30% over the last month, showed a −8.16% decrease in three-month performance and has decreased by −0.51% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.30% over the last month, have fallen by −1.30% over the last month, showed a −8.16% decrease in three-month performance and has decreased by −0.51% in a year.
TEKY trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.