Key stats
About Alger 35 ETF
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Inception date
May 3, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Fred Alger Management LLC
Distributor
Fred Alger & Co., Inc.
ATFV combines growth investing with a non-transparent, high-conviction approach. The fund adviser uses a proprietary methodology based on positive dynamic change to determine the funds narrow holdings of 35 growth stocks of any market-cap. This methodology considers companies high unit volume growth or positive lifecycle change. ATFV also aims to focus its investments on companies that benefit from technological innovations. Unlike traditional ETFs, ATFV only discloses its full holdings monthly, with a 60-day lag. The fund provides a Verified Intraday Indicative Value (VIIV) throughout the day, to give additional information regarding the indicative value of shares. Investors should note that a non-transparent structure could result in wider spreads.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Retail Trade
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.