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Lazard Converts Fund to Launch Intl Dynamic Equity ETF

Lazard Converts Fund to Launch Intl Dynamic Equity ETF

Lazard International Dynamic Equity ETF is designed to capitalize on a diversified portfolio of international equities

Lazard announced that it has completed the conversion of the Lazard International Equity Advantage mutual fund into the exchange-traded fund (ETF), Lazard International Dynamic Equity ETF , listed on the New York Stock Exchange. IEQ offers investors a way to invest in international equities through a more tax-efficient, lower fee solution.

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“We are seeing the pendulum start to swing toward international equities, which are becoming increasingly attractive to investors,” said Rob Forsyth, Lazard’s Global Head of ETFs. “This conversion allows us to broaden access to a strategy that has historically delivered consistent performance through different market cycles. Our Advantage team has long been trusted by leading institutional investors, and we’re proud to make it accessible to a wider investor base through IEQ.”

IEQ aims to deliver consistent excess returns by investing in a diversified portfolio of international equities, through a bottom-up selection process that avoids overreliance on a single style or factor.

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“IEQ offers a unique opportunity to invest in great companies around the world,” said Paul Moghtader, Portfolio Manager and Head of Lazard’s Quantitative Platform. “Our proprietary approach uses a combination of machine intelligence and fundamental insights, enabling us to identify unique investment opportunities and effectively manage relative risk exposures, aiming to deliver consistent excess returns.”

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The launch of IEQ reflects Lazard’s continued dedication to expanding and strengthening its actively managed ETF platform to meet the evolving needs of investors. It follows the launches of Lazard Equity Megatrends ETF (THMZ), Lazard Japanese Equity ETF (JPY), and the Lazard Next Gen Technologies ETF (TEKY) earlier this year.

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Source: PR newswire

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