#USA #New York #investment growth #Alger Management #Alger ETFs

Alger ETFs Achieve Significant Growth Milestone

In a remarkable milestone for the investment management sector, Fred Alger Management, LLC, a prominent name in growth equity investment, has reported that its complete suite of Exchange-Traded Funds (ETFs) has surpassed $600 million in assets under management. This accomplishment not only highlights the firm's longstanding commitment to identifying and nurturing innovative companies with the potential for sustainable growth, but it also underscores the increasing confidence investors have in these dynamic investment vehicles.

Performance Highlights

As of September 30, 2025, Alger's ETFs have exhibited remarkable performance, with three of them significantly outperforming the Standard & Poor's 500 Index by more than 2100 basis points within the year. Dan Chung, CEO and Chief Investment Officer at Alger, noted that various innovative companies undergoing what the firm refers to as "Positive Dynamic Change" have been a focal point of their investment strategy for over six decades. As technology and AI adoption continue to gain momentum, Alger is keen on backing entities that display the highest potential for long-term success.

The Alger 35 ETF (ATFV), managed by Dan Chung and George Ortega, stands out with an impressive NAV total return of 39.85%, while the SP 500 Index only returned 14.83%. Additionally, ATFV garnered a five-star rating from Morningstar, marking it as an outstanding performer of its kind. It is worth mentioning that part of the fees from this ETF is donated to charitable causes in memory of 35 Alger colleagues lost during the tragic events of September 11, 2001.

The Alger AI Enablers & Adopters ETF (ALAI) and Alger Concentrated Equity ETF (CNEQ) have also shown exceptional returns, achieving 42.71% and 35.91% respectively compared to the benchmark of 14.83%.

Strategic Focus on Innovative Companies

Both ALAI and CNEQ are engineered to offer investors exposure to pioneering companies that are at the forefront of technological advancements. For instance, ALAI invests in firms that are developing, implementing, and embracing AI technologies to fuel growth in the digital landscape. CNEQ focuses on a tightly curated portfolio comprising 30 or fewer high-conviction companies, driving productivity and spending across various sectors. Both funds are actively managed, aiming to capitalize on trends that promote long-term market growth.

Christoph Hofmann, President and Chief Distribution Officer of Alger, expressed enthusiasm regarding the growing interest in actively managed ETFs among financial advisors and Registered Investment Advisors (RIAs). He emphasized that the company is devoted to offering a diverse range of investment strategies to cater to the needs of advisors and their clients.

The Future of Alger ETFs

In addition to ALAI and CNEQ, Alger's ETF lineup features the Alger Mid Cap 40 ETF (FRTY), Alger Weatherbie Enduring Growth ETF (AWEG), and the Alger Russell Innovation ETF (INVN), providing further opportunities for investors to engage in growth-oriented markets. The firm encourages potential investors and interested parties to explore these offerings further at Alger.com/ETFs.

Founded in 1964, Fred Alger Management has established itself as a pioneer in growth-style investment management, continually adapting to the needs of a rapidly evolving market. The company remains committed to helping investors unlock their growth potential through a wide range of equity investment vehicles.

For a deeper understanding of Alger’s strategies and offerings, please visit their website for the latest updates and investment insights.