ALAI ETF Profile

Family:	Alger
Name:	Alger AI Enablers & Adopters ETF

Inception Date:	4-Apr-2024
Termination Date:
Investment Objective:	The Fund invests at least 80% of its net assets, in equity securities of companies of any market capitalization that it believes will benefit from AI, demonstrate promising growth potential, and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. In effecting the Fund's investment strategy, the Manager initially employs its fundamental, proprietary investment research investment process to identify companies undergoing Positive Dynamic Change. Next, the Manager determines whether it believes such companies benefit from AI by classifying them into two categories AI Enablers and AI Adopters. AI Enablers include companies developing the building block components for and investing in AI infrastructure such as machinery, hardware, software and services. AI Adopters include companies that integrate AI into their businesses to enhance their products or services or make their operations more productive.

Prospectus