Important Disclosures: The Fund is an actively managed ETF that does not seek to replicate the performance of a specified index. The Fund does not provide daily disclosure of its portfolio holdings, but instead provides a verified intraday indicative value (“VIIV”) calculated and disseminated every second throughout the trading day. The VIIV is designed to be a highly correlated per share value of the underlying portfolio, but there is a risk that market price of the Fund may vary significantly from its NAV. The VIIV Calculation Methodology and a historical daily comparison of the Fund’s VIIV to its NAV is available on www.alger.com. The Fund trading on the basis of a VIIV may trade at a wider bid/ask spread than ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility, and, therefore, may cost investors more to trade. Although the Fund seeks to benefit from keeping its portfolio information confidential, market participants may attempt to identify a Fund’s trading strategy, which, if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the Fund and its shareholders. The Fund’s shares trade in the secondary market on NYSE Arca, Inc. and therefore may experience associated risks, such as the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility, and disruptions in the creation and/or redemption process of the Fund. Any of these factors may cause the Fund’s’ shares to trade at a premium or discount to NAV. Creations and redemptions in the Fund occur through an agent called an “AP Representative” who is not obligated to engage in creations or redemptions. The Fund may have a limited number of AP Representatives and if AP Representatives are not able to proceed with creations and/or redemptions the Fund’s shares may trade at a discount to NAV and possibly face trading halts and/or delisting, and investors could experience significant losses as a result.
Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political, and economic developments. Local, regional or global events such as environmental or natural disasters, war, terrorism, pandemics, outbreaks of infectious diseases and similar public health threats, recessions, or other events could have a significant impact on investments. A significant portion of assets may be invested in securities of companies in related sectors, and may be similarly affected by economic, political, or market events and conditions and may be more vulnerable to unfavorable sector developments. Investing in companies of small and medium capitalizations involve the risk that such issuers may have limited product lines or financial resources, lack management depth, or have limited liquidity. The Fund is classified as a “non-diversified fund” under federal securities laws because it can invest in fewer individual companies than a diversified fund. Assets may be focused in a small number of holdings, making them susceptible to risks associated with a single economic, political or regulatory event than a more diversified portfolio. Active trading may increase transaction costs, brokerage commissions, and taxes, which can lower the return on investment.The Sub-Adviser’s use of an environmental, social, and governance (“ESG”) rating agency to implement the Fund’s investment strategy may result in the selection or exclusion of securities for reasons other than financial performance and the strategy may underperform strategies that do not utilize an ESG rating agency or employ another type of ESG investment strategy. In evaluating a particular issuer’s ESG rating, as well as the Fund’s weighted average ESG rating, the Sub-Adviser relies exclusively on the ESG rating agency and, therefore, is dependent upon information and data from the ESG rating agency that may be incomplete or inaccurate, or that may present conflicting information and data with respect to an issuer than other third party ESG data providers utilized throughout the industry.
This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.
Alger pays compensation to third party marketers to sell various strategies to prospective investors.
Before investing, carefully consider the Fund’s investment objective, risks, charges, and expenses. For a prospectus and summary prospectus containing this and other information or for the Fund’s most recent month-end performance data, visit www.alger.com, call (800) 992-3863 or consult your financial advisor. Read the prospectus and summary prospectus carefully before investing. Distributor: Fred Alger & Company, LLC. Listed on NYSE Arca, Inc. NOT FDIC INSURED. NOT BANK GUARANTEED. MAY LOSE VALUE.
view the latest insights on ETFs
Resource Center
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commentaries
Charts
RESOURCE CENTER
• Alger 35 ETF
• Alger Mid Cap 40 ETF
• Alger Weatherbie Enduring Growth ETF
We recommend individual investors work with financial
advisors to assess if active ETFs are appropriate for their investment goals.
Learn More About Alger's Active ETFs
Individual Investor
RESOURCE CENTER
View Retail Sales Territory Map
212.806.8800
• Alger 35 ETF
• Alger Mid Cap 40 ETF
• Alger Weatherbie Enduring Growth ETF
Learn More About Alger's Active ETFs
Contact an Alger Representative Today
Alger actively managed ETFs are available through select custodians and broker dealers.
Financial Advisors
Learn How to Invest
Alger's actively managed ETFs may be attractive options given an investor’s goals and risk tolerance. Request more information below or scroll down to learn how to invest.
RESOURCE CENTER
LEARN HOW TO INVEST
ALGER 35 ETF
(ATFV)
• Typically 35 of our “best
ideas”
• Invests in growth and change
• High conviction portfolio
across dynamic sectors such
as Technology, Health Care,
and Consumer Discretionary
• Managed by CEO and CIO
Dan Chung
• Typically 40 of our best
growth stocks
• Generally concentrated in
industries undergoing
dynamic change
• Looks to invest in companies
with solid operating histories
with the potential to double
their revenue stream in five
years
• Managed by Portfolio
Manager Amy Zhang
ALGER MID CAP 40 ETF (FRTY)
• 30 or fewer mid cap growth
equities
• Assess companies on growth
potential and quality
• ESG scoring methodology
incorporated into investment
approach
• Managed by Portfolio
Managers George Dai and
Josh Bennett
ALGER WEATHERBIE
ENDURING GROWTH ETF
(AWEG)
• Growth equity portfolios
• Focused, high conviction ideas
• Holdings not disclosed daily
We believe our extensive and unique, fundamental, bottom-up research that seeks to capitalize on change before it is recognized by the market can help our clients reach their investment goals. Alger's actively managed ETFs are backed by decades of growth equity investing experience.
Learn About Alger's Active ETFs
LEARN HOW TO INVEST
Learn About Alger's ACTIVE ETFs
RESOURCE CENTER
ETFs and mutual funds are both subject to capital gains taxes, but ETFs may offer investors some tax efficiencies. First, ETFs are bought and sold on the secondary market, which means managers don’t have to buy/sell the underlying securities. Second, the creation/redemption of shares are done “in-kind,” which may offer more tax efficiency to investors.
TAX EFFICIENCY
These ETFs trade on an exchange, just like an individual stock. This gives you the ability to enter or
exit a position at any point
during the day.
Investors can make intraday decisions and not have to wait
until the end of the day when an NAV is struck.
INTRADAY LIQUIDITY
TEXT TO BE REVISED.
COMPETITIVE EXPENSE RATIO
Portfolio managers seek to generate alpha by differentiating themselves from both the benchmark and their peers using this innovative ETF structure. Investors benefit from the skill of an experienced portfolio manager who can maneuver around positions or buy and sell based on fundamental research rather than a benchmark methodology document.
ACTIVE MANAGEMENT
This new structure offers many of the benefits of traditional ETFs, such as tax efficiency and intraday liquidity while facilitating active portfolio management by shielding proprietary information, such as trades and holdings. The benefits
of the novel structure of active ETFs are described in the chart below.
Learn About Active ETFs
RESOURCE CENTER
Learn How to Invest
Learn About Alger's ACTIVE ETFs
Learn about Active ETFs
Active ETFs are an innovative approach to delivering active portfolio management while providing intraday trading and potential tax benefits. Learn more about active ETFs and
Alger’s ETFs here.
Understanding the Appeal of Active ETFs
These ETFs are different from traditional ETFs.
This may create additional risks for your investment.
Click here for additional important information.
These ETFs are different from traditional ETFs.
Traditional ETFs tell the public what assets they hold each day. These ETFs will not. This may create additional risks for your investment. Specifically:
You may have to pay more money to trade the ETF’s shares. These ETFs will provide less information to traders, who tend to charge more for trades when they have less information.
The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for these ETFs compared to other ETFs because they provide less information to traders.
These additional risks may be even greater in bad or uncertain market conditions.
The differences between these ETFs and other ETFs may also have advantages. By keeping certain information about the ETFs confidential, these ETFs may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of these ETFs, please refer to the prospectus.
Introducing the Alger 35 ETF
Important Disclosures: The Fund is an actively managed ETF that does not seek to replicate the performance of a specified index. The Fund does not provide daily disclosure of its portfolio holdings, but instead provides a verified intraday indicative value (“VIIV”) calculated and disseminated every second throughout the trading day. The VIIV is designed to be a highly correlated per share value of the underlying portfolio, but there is a risk that market price of the Fund may vary significantly from its NAV. The VIIV Calculation Methodology and a historical daily comparison of the Fund’s VIIV to its NAV is available on www.alger.com. The Fund trading on the basis of a VIIV may trade at a wider bid/ask spread than ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility, and, therefore, may cost investors more to trade. Although the Fund seeks to benefit from keeping its portfolio information confidential, market participants may attempt to identify a Fund’s trading strategy, which, if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the Fund and its shareholders. The Fund’s shares trade in the secondary market on NYSE Arca, Inc. and therefore may experience associated risks, such as the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility, and disruptions in the creation and/or redemption process of the Fund. Any of these factors may cause the Fund’s’ shares to trade at a premium or discount to NAV. Creations and redemptions in the Fund occur through an agent called an “AP Representative” who is not obligated to engage in creations or redemptions. The Fund may have a limited number of AP Representatives and if AP Representatives are not able to proceed with creations and/or redemptions the Fund’s shares may trade at a discount to NAV and possibly face trading halts and/or delisting, and investors could experience significant losses as a result.
Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political, and economic developments. Local, regional or global events such as environmental or natural disasters, war, terrorism, pandemics, outbreaks of infectious diseases and similar public health threats, recessions, or other events could have a significant impact on investments. A significant portion of assets may be invested in securities of companies in related sectors, and may be similarly affected by economic, political, or market events and conditions and may be more vulnerable to unfavorable sector developments. Investing in companies of small and medium capitalizations involve the risk that such issuers may have limited product lines or financial resources, lack management depth, or have limited liquidity. The Fund is classified as a “non-diversified fund” under federal securities laws because it can invest in fewer individual companies than a diversified fund. Assets may be focused in a small number of holdings, making them susceptible to risks associated with a single economic, political or regulatory event than a more diversified portfolio. Active trading may increase transaction costs, brokerage commissions, and taxes, which can lower the return on investment.The Sub-Adviser’s use of an environmental, social, and governance (“ESG”) rating agency to implement the Fund’s investment strategy may result in the selection or exclusion of securities for reasons other than financial performance and the strategy may underperform strategies that do not utilize an ESG rating agency or employ another type of ESG investment strategy. In evaluating a particular issuer’s ESG rating, as well as the Fund’s weighted average ESG rating, the Sub-Adviser relies exclusively on the ESG rating agency and, therefore, is dependent upon information and data from the ESG rating agency that may be incomplete or inaccurate, or that may present conflicting information and data with respect to an issuer than other third party ESG data providers utilized throughout the industry.
This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities. Alger pays compensation to third party marketers to sell various strategies to prospective investors.
Before investing, carefully consider the Fund’s investment objective, risks, charges, and expenses. For a prospectus and summary prospectus containing this and other information or for the Fund’s most recent month-end performance data, visit www.alger.com, call (800) 992-3863 or consult your financial advisor. Read the prospectus and summary prospectus carefully before investing. Distributor: Fred Alger & Company, LLC. Listed on NYSE Arca, Inc. NOT FDIC INSURED. NOT BANK GUARANTEED. MAY LOSE VALUE.
view the latest insights on ETFs
Resource Center
Podcasts
Videos
commentaries
Charts
RESOURCE CENTER
• Alger 35 ETF
• Alger Mid Cap 40 ETF
• Alger Weatherbie Enduring Growth ETF
• Alger 35 ETF
• Alger Mid Cap 40 ETF
• Alger Weatherbie Enduring Growth ETF
We recommend individual investors work with financial
advisors to assess if active ETFs are appropriate for their investment goals.
Learn More About Alger's Active ETFs
Individual Investor
RESOURCE CENTER
View Retail Sales Territory Map
212.806.8800
• Alger 35 ETF
• Alger Mid Cap 40 ETF
• Alger Weatherbie Enduring Growth ETF
Learn More About Alger's Active ETFs
Contact an Alger Representative Today
Alger actively managed ETFs are available through select custodians and broker dealers.
Financial Advisors
Learn How to Invest
Alger's actively managed ETFs may be attractive options given an investor’s goals and risk tolerance. Request more information below or scroll down to learn how to invest.
ALGER WEATHERBIE ENDURING GROWTH ETF(AWEG)
• 30 or fewer mid cap growth
equities
• Assess companies on growth
potential and quality
• ESG scoring methodology
incorporated into investment
approach
• Managed by Portfolio Managers
George Dai and Josh Bennett
RESOURCE CENTER
LEARN HOW TO INVEST
ALGER 35 ETF (ATFV)
• Typically 35 of our “best ideas”
• Invests in growth and change
• High conviction portfolio across
dynamic sectors such as Technology,
Health Care, and Consumer
Discretionary
• Managed by CEO and CIO Dan Chung
• Typically 40 of our best
growth stocks
• Generally concentrated in
industries undergoing
dynamic change
• Looks to invest in companies with
solid operating histories with the
potential to double their revenue
stream in five years
• Managed by Portfolio Manager
Amy Y. Zhang
ALGER MID CAP 40 ETF (FRTY)
• Growth equity portfolios
• Focused, high conviction ideas
• Holdings not disclosed daily
We believe our extensive and unique, fundamental, bottom-up research that seeks to capitalize on change before it is recognized by the market can help our clients reach their investment goals. Alger's actively managed ETFs are backed by decades of growth equity investing experience.
Learn About
Alger's Active ETFs
LEARN HOW TO INVEST
Learn About Alger's ACTIVE ETFs
RESOURCE CENTER
ETFs and mutual funds are both subject to capital gains taxes, but ETFs may offer investors some tax efficiencies. First, ETFs are bought and sold on the secondary market, which means managers don’t have to buy/sell the underlying securities. Second, the creation/redemption of shares are done “in-kind,” which may offer more tax efficiency to investors.
TAX EFFICIENCY
These ETFs trade on an exchange, just like an individual stock. This gives you the ability to enter or
exit a position at any point
during the day.
Investors can make intraday decisions and not have to wait
until the end of the day when an NAV is struck.
INTRADAY LIQUIDITY
TEXT TO BE REVISED.
COMPETITIVE EXPENSE RATIO
Portfolio managers seek to generate alpha by differentiating themselves from both the benchmark and their peers using this innovative ETF structure. Investors benefit from the skill of an experienced portfolio manager who can maneuver around positions or buy and sell based on fundamental research rather than a benchmark methodology document.
ACTIVE MANAGEMENT
This new structure offers many of the benefits of traditional ETFs, such as tax efficiency and intraday liquidity while facilitating active portfolio management by shielding proprietary information, such as trades and holdings. The benefits of the novel structure of active ETFs are described in the chart below.
Learn About
Active ETFs
RESOURCE CENTER
Learn How to Invest
Learn About Alger's ACTIVE ETFs
Learn about Active ETFs
Active ETFs are an innovative approach to delivering active portfolio management while providing intraday trading and potential tax benefits. Learn more about active ETFs and
Alger’s ETFs here.
Understanding the Appeal of Active ETFs
These ETFs are different from traditional ETFs.
This may create additional risks for your investment.
Click here for additional important information.
These ETFs are different from traditional ETFs.
Traditional ETFs tell the public what assets they hold each day. These ETFs will not. This may create additional risks for your investment. Specifically:
You may have to pay more money to trade the ETF’s shares. These ETFs will provide less information to traders, who tend to charge more for trades when they have less information.
The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for these ETFs compared to other ETFs because they provide less information to traders.
These additional risks may be even greater in bad or uncertain market conditions.
The differences between these ETFs and other ETFs may also have advantages. By keeping certain information about the ETFs confidential, these ETFs may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of these ETFs, please refer to the prospectus.
Introducing the Alger 35 ETF
