Lazard Next Gen Technologies ETF (TEKY)

Overview

The Lazard Next Gen Technologies ETF (LNTZ) seeks to invest in companies that are expected to benefit from the development and utilization of next-generation technologies. It focuses on companies involved in areas such as artificial intelligence, robotics, cybersecurity, and cloud computing. The ETF employs a fundamentally driven, bottom-up investment approach to identify companies with strong growth potential.

Reputation and Reliability

Lazard Asset Management has a long-standing reputation and proven track record in asset management, providing stability and reliability to its ETF offerings.

Management Expertise

Lazard's management team possesses significant expertise in technology investing and fundamental research, enabling them to effectively identify promising next-generation technology companies.

Goal

To achieve long-term capital appreciation by investing in companies that are expected to benefit from next-generation technologies.

Investment Approach and Strategy

Strategy: LNTZ does not track a specific index. It uses active management to select companies based on fundamental research and growth potential.

Composition The ETF primarily holds stocks of companies involved in next-generation technologies, including but not limited to AI, robotics, cybersecurity, and cloud computing.

Market Share: Insufficient data available to provide exact market share.

Total Net Assets (AUM): 31340000

Key Competitors

• ARK Innovation ETF (ARKK)
• Global X Robotics & Artificial Intelligence ETF (BOTZ)
• ROBO Global Robotics and Automation Index ETF (ROBO)

Competitive Landscape

The ETF industry focusing on next-generation technologies is competitive, with several prominent players. LNTZ differentiates itself through its fundamentally driven, bottom-up stock selection process. Its active management strategy aims to outperform passive competitors, but this also introduces higher expense ratios and the risk of underperformance.

Historical Performance: Historical financial performance data not readily available in structured format.

Benchmark Comparison: Performance comparison data not readily available in structured format.

Expense Ratio: 0.75

Average Trading Volume

LNTZ's average trading volume is moderately low, potentially affecting trade execution.

Bid-Ask Spread

The bid-ask spread for LNTZ can vary depending on market conditions and may impact short-term trading costs.

Market Environment Factors

LNTZ's performance is influenced by macroeconomic factors, technological advancements, and regulatory changes within the next-generation technology sector.

Growth Trajectory

LNTZ's growth trajectory is tied to the adoption and development of next-generation technologies, with adjustments to holdings based on evolving market conditions and company performance.

Competitive Edge

LNTZ's competitive advantage lies in its active management strategy, which allows for dynamic stock selection based on in-depth fundamental research. This active approach aims to identify undervalued companies with strong growth potential within the rapidly evolving next-generation technology sector. Its focus on deep research and flexible allocation differentiates it from passive index-tracking ETFs. However, this active management also introduces the potential for underperformance relative to a broad market benchmark.

Volatility

LNTZ's volatility is expected to be high due to the nature of the technology sector and the ETF's focus on growth companies.

Market Risk

LNTZ is subject to market risk, technology-specific risks, and the potential for obsolescence of certain technologies. It is important to recognize that next gen tech is in a nascent stage.

Ideal Investor Profile

The ideal investor for LNTZ is someone with a high risk tolerance, a long-term investment horizon, and an interest in the growth potential of next-generation technologies.

Market Risk

LNTZ is best suited for long-term investors seeking growth and willing to accept higher volatility, as opposed to short-term traders or passive index followers.

The Lazard Next Gen Technologies ETF (LNTZ) offers exposure to innovative companies driving advancements in areas like AI, robotics, and cloud computing through active stock selection. This approach seeks to outperform passive strategies, but carries the risk of underperformance and higher fees. Given the ETF's composition of potentially high-growth tech companies, it caters to investors with a higher risk tolerance, a long-term horizon, and an interest in participating in the evolution of next-generation technologies. While providing niche exposure, its success hinges on the skill of its active management team and the continued growth of the targeted sectors.

Data Sources:

• Lazard Asset Management
• ETF.com
• Yahoo Finance
• Bloomberg

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is based on available information and may not be exact.