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AWEG ETF Profile


Family: Alger
Name: Alger Weatherbie Enduring Growth ETF
Inception Date: 6-Mar-2023
Termination Date:
Investment Objective: The Fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency. For purposes of the Fund's principal investment strategies, "mid-cap companies" are those companies that, at the time of purchase of the securities, primarily have total market capitalization within the range of (i) companies included in the Russell Midcap Growth Index, as reported by the index at the most recent quarter end, or (ii) $1 billion to $25 billion. At December 31, 2022, the companies in this index ranged from $735.7 million to $ 52.8 billion. Because of the Fund's long-term approach to investing, it could have a significant portion of its assets invested in securities of issuers that have appreciated beyond the market capitalization thresholds noted.
Prospectus
Top 10 Holdings
TRANSDIGM GROUP INC TDG 9.8100%
UPSTART HOLDINGS INC UPST 8.5300%
FIRSTSERVICE CORP FSV 8.1000%
SEMTECH CORP SMTC 5.9000%
CASELLA WASTE SYSTEMS INC-A CWST 5.6100%
PAYLOCITY HOLDING CORP PCTY 5.3700%
HUBSPOT INC HUBS 4.6600%
STEPSTONE GROUP INC-CLASS A STEP 4.5000%
WASTE CONNECTIONS INC WCN 4.4100%
HEICO CORP HEI 4.3100%
Top 10 Holdings Weight: 61.2%
Number of Holdings: 26
Shares Outstanding: 212,500
Total Net Assets: 5,799,635
NAV: 27.30
Net Expense Ratio: 0.65%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Market Cap: Mid Cap
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Is Currency Hedged: No
US or Ex-US: Domestic