ATFV

Alger 35 ETF

$33.84
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Alger 35 ETF seeks to provide long-term capital appreciation by investing in a concentrated portfolio of 35 stocks that the fund's managers believe have the potential for above-average growth.

Overview

ETF tracking Alger 35 ETF

Category Other
Issuer Other
Inception Date 2021-05-04
Market Cap $60.5M
Average Volume N/A
Dividend Yield 0.12%
52-Week Range $19.86 - $36.71
VWAP $33.76

Performance

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Investment Summary

📎 Investment Objective

The Alger 35 ETF seeks to provide long-term capital appreciation by investing in a concentrated portfolio of 35 stocks that the fund's managers believe have the potential for above-average growth.

🎯 Investment Strategy

The fund's managers use fundamental research to identify companies they believe are well-positioned for growth, with a focus on innovative and disruptive businesses across various sectors. The portfolio is actively managed and typically holds 35 positions, providing concentrated exposure to the fund's highest-conviction ideas.

✨ Key Features

  • Concentrated portfolio of 35 stocks selected for their growth potential
  • Active management approach aimed at identifying innovative and disruptive companies
  • Relatively low expense ratio of 0.00%
  • Limited performance history as the fund is new

⚠️ Primary Risks

  • Concentration risk as the fund holds a limited number of positions
  • Potential for higher volatility compared to more diversified funds
  • Reliance on the fund manager's ability to identify successful growth companies
  • Limited track record makes it difficult to evaluate long-term performance

👤 Best For

The Alger 35 ETF may be suitable for investors seeking exposure to a concentrated portfolio of growth-oriented stocks, with a higher risk tolerance and a long-term investment horizon. This fund may be most appropriate for investors who are comfortable with the increased volatility and risk associated with a focused, actively managed strategy.