TEKY

Lazard Next Gen Technologies ETF

$38.23

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Lazard Next Gen Technologies ETF (TEKY) seeks to provide investment results that correspond generally to the performance of the Lazard Next Generation Technology Index, which is designed to provide exposure to companies that are positioned to benefit from the development and commercialization of new and emerging technologies.

Overview

ETF tracking Lazard Next Gen Technologies ETF

Category Technology

Issuer Other

Inception Date 2025-04-07

Market Cap $46.8M

Average Volume N/A

Dividend Yield 0.05%

52-Week Range $24.68 - $41.36

VWAP $37.86

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of equity securities of companies that are involved in the development and application of new and emerging technologies, such as artificial intelligence, robotics, cloud computing, cybersecurity, and e-commerce. The fund seeks to track the performance of the underlying index by investing in the constituent securities in proportion to their weightings in the index.

✨ Key Features

Exposure to a diversified portfolio of companies in the technology sector
Focuses on companies involved in new and emerging technologies
Passively managed to track the performance of the Lazard Next Generation Technology Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk: The fund's investments are concentrated in the technology sector, which can be volatile and subject to rapid changes in market conditions
Equity market risk: The value of the fund's investments in equity securities may fluctuate due to changes in the stock market
Emerging technology risk: Investments in companies involved in new and emerging technologies may be subject to greater risks due to the uncertain nature of the technology and its potential for disruption
Tracking error risk: The fund may not perfectly track the performance of the underlying index due to various factors, such as fund expenses and transaction costs

👤 Best For

The Lazard Next Gen Technologies ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to the technology sector, particularly companies involved in new and emerging technologies. Investors should be aware of the potential for increased volatility and risks associated with this type of investment.