
Alger Concentrated Equity ETF (CNEQ)
CNEQ Price Chart
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CNEQ ETF Profile
Key details and information about Alger Concentrated Equity ETF (CNEQ).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
5 Apr 2024
Country
US
Description
The Alger Concentrated Equity ETF primarily invests its capital in the stock of large-capitalization companies. These firms are selected by the portfolio manager for their perceived substantial growth prospects. A minimum of one-quarter of the fund's total assets will be allocated to enterprises within a specific group of interrelated sectors, as defined by independent classification systems. These industries encompass: software; technology hardware, storage, and peripherals; semiconductors and semiconductor equipment; information technology services; electronic equipment, instruments, and components; communications equipment; broadline retail; and interactive media and services. This fund operates as a non-diversified investment vehicle.
CNEQ ETF Performance
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