Alger 35 ETF (ATFV)

Overview

The Alger 35 ETF (ATFY) is an actively managed ETF that focuses on investing in a concentrated portfolio of approximately 35 of Alger's highest conviction growth companies. The ETF seeks long-term capital appreciation by investing primarily in U.S. equity securities.

Reputation and Reliability

Fred Alger Management is a well-established investment management firm with a long history and reputation for growth investing.

Management Expertise

The management team has significant experience in growth stock investing and active portfolio management.

Goal

To seek long-term capital appreciation.

Investment Approach and Strategy

Strategy: Actively managed, concentrated growth stock strategy.

Composition Primarily U.S. equity securities of growth-oriented companies.

Market Share: Data unavailable.

Total Net Assets (AUM): Data unavailable.

Key Competitors

• ARKK
• VUG
• QQQ
• IWF

Competitive Landscape

The competitive landscape for ATFY is characterized by both broad market growth ETFs and other actively managed growth funds. ATFY's concentrated approach may offer higher potential returns but also carries increased risk compared to more diversified ETFs. ATFY's advantage lies in Alger's stock-picking ability, whereas competitors may have lower expense ratios or broader market exposure. Disadvantages may include concentrated exposure.

Historical Performance: Data unavailable.

Benchmark Comparison: Data unavailable.

Expense Ratio: 0.65

Average Trading Volume

The average trading volume is currently unavailable.

Bid-Ask Spread

The bid-ask spread is currently unavailable.

Market Environment Factors

Economic growth, interest rates, and investor sentiment towards growth stocks influence ATFY's performance.

Growth Trajectory

ATFY's growth trajectory depends on its ability to identify and invest in high-growth companies successfully. Changes to holdings will affect its performance.

Competitive Edge

ATFY benefits from Fred Alger Management's established reputation and expertise in growth investing. The fund's concentrated portfolio allows for higher conviction bets on its best ideas. This strategy differentiates it from more diversified growth ETFs. The active management approach allows for flexibility to adapt to changing market conditions. ATFY leverages Alger's research capabilities to identify promising growth opportunities.

Volatility

Data unavailable.

Market Risk

ATFY is subject to market risk, particularly related to growth stocks, which can be more volatile than value stocks. Concentration risk is a key concern as the ETF holds a limited number of securities. The ETF can fluctuate if one of the major stock holdings experiences a loss in its stock price.

Ideal Investor Profile

Investors seeking long-term capital appreciation and who are comfortable with higher risk and volatility.

Market Risk

Suitable for long-term investors who believe in active management and growth stock investing.

The Alger 35 ETF (ATFY) is an actively managed ETF focused on a concentrated portfolio of high-growth companies, suitable for investors seeking long-term capital appreciation and comfortable with high volatility. ATFY's success hinges on Alger's stock-picking abilities and active management. It differentiates itself from broad market ETFs with its concentrated approach, potentially offering higher returns but also greater risk. Investors should carefully consider their risk tolerance and investment objectives before investing in ATFY.

Data Sources:

• alger.com
• etf.com
• yahoofinance.com

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market data is subject to change.