(IDEQ) Lazard Active Trust - NYSE

The Lazard International Dynamic Equity ETF (IDEQ) is an actively managed exchange-traded fund targeting public equity markets outside the United States. Managed by Lazard Asset Management LLC, the fund utilizes a systematic, bottom-up selection process driven by proprietary quantitative research. This approach allows the fund to maintain exposure across various market capitalizations and sectors, blending both growth and value investment styles.

The fund benchmarks its performance against the MSCI ACWI ex USA Index, which tracks large and mid-cap stocks across 22 developed and 24 emerging market countries. By operating as an active ETF rather than a passive index tracker, IDEQ aims to achieve alpha through dynamic security selection rather than static weighting. Investors can utilize ValueRay to further analyze the funds specific holdings and risk metrics.

While the fund is domiciled in the United States, its primary focus is global diversification, providing exposure to international economic cycles and currency fluctuations. The strategy’s reliance on quantitative analysis is designed to minimize human bias while identifying mispriced securities in fragmented non-U.S. markets.