Alger launches innovation-focused US equity ETF
Jan 9th, 2025 | By James Lord, CFAGrowth investment manager Fred Alger Management (Alger) has launched a new US equity ETF designed to deliver a systematic approach to investing in innovation.
Growth investment manager Fred Alger Management (Alger) has launched a new US equity ETF designed to deliver a systematic approach to investing in innovation.
Alger has launched its first ETF, the actively managed Alger Mid Cap 40 ETF (FRTY US). The fund has listed on NYSE Arca and is overseen by seasoned midcap manager Amy Zhang.
New York City-headquartered Alger has unveiled plans to launch two actively managed ETFs: the Alger 25 ETF and the Alger Mid Cap 40 ETF.