Lazard Japanese Equity ETF (JPY)

The Lazard Japanese Equity ETF (JPY) is an actively managed exchange-traded fund from Lazard Asset Management that invests in stocks of companies based in Japan or doing much of their business there.

Instead of tracking an index, the fund relies on Lazard's investment team to pick individual Japanese companies using fundamental research. The portfolio can span a range of sectors and company sizes in the Japanese market, with holdings chosen on the basis of factors such as valuation, profitability, balance sheet strength and corporate governance improvements.

The fund offers U.S.-listed access to Japanese equities through a single security, with its returns influenced by both the performance of Japanese stocks and movements in the yen against the U.S. dollar.