Alger AI Enablers & Adopters ETF (ALAI)
ALAI Price Chart
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ALAI ETF Profile
Key details and information about Alger AI Enablers & Adopters ETF (ALAI).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
8 Apr 2024
Country
US
Description
Under typical conditions, this fund allocates at least 80% of its capital—derived from its net assets and any borrowed funds used for investment—to stocks. These equity holdings are in companies, regardless of their market valuation, that are primarily engaged in the creation, adoption, and practical utilization of artificial intelligence (AI) technologies. The fund's management specifically identifies these companies for their perceived strong potential for future expansion. It is also important to note that this fund is categorized as non-diversified.
ALAI ETF Performance
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