INVN

📎 Investment Objective

The Alger Russell Innovation ETF seeks to provide investment results that correspond generally to the performance of the Russell 3000 Growth Index, which measures the performance of the broad growth segment of the U.S. equity universe.

✨ Key Features

• Broad exposure to the growth segment of the U.S. equity market
• Passively managed to track the Russell 3000 Growth Index
• Low expense ratio of 0.00%
• Suitable for investors seeking broad-based growth exposure

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may decline due to general market conditions
• Concentration risk: The ETF's performance may be more volatile due to its focus on the growth segment of the market
• Tracking error risk: The ETF may not perfectly track the performance of the underlying index
• Liquidity risk: The ETF may experience lower trading volumes or be less liquid than other investments

👤 Best For

The Alger Russell Innovation ETF may be suitable for long-term investors seeking broad exposure to the growth segment of the U.S. equity market as part of a diversified portfolio. It may be particularly appealing to investors with a higher risk tolerance who are looking for the potential for capital appreciation over the long term.