PHOENIX (AFP) - New Zealand teenager Lydia Ko fired a five-under par 67 on Saturday to seize a one-stroke lead after three rounds of the LPGA Founders Cup.

The South Korean-born world No.4, seeking her first professional LPGA title, stood on 16-under par 200 after 54 holes at Wildfire Golf Club.

Jessica Korda, the 21-year-old US daughter of retired tennis star Petr Korda; and South Korean rookie Mirim Lee, in her third LPGA event and US debut; shared second on 201, with South Korean Yoo Sun Young another shot back.

Ko, 16, won back-to-back LPGA Canadian Women's Open titles as an amateur and could have another breakthrough two weeks before the first women's major event of the year, the Kraft Nabisco Championship.

US star Michelle Wie, Spain's Azahara Munoz and South Koreans Amy Yang, Chella Choi and Ryu So Yeon shared fifth on 203.