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Alger Launches Second High Conviction, Focused Actively Managed Exchange Traded Fund
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Alger announced the launch of Alger 35 ETF (ATFV), a high-conviction, actively managed exchange traded fund managed by Dan Chung, CEO and chief investment officer. The ETF invests in 35 “best ideas” sourced from the firm’s experienced analyst team.
Dan Chung, CEO and Chief Investment Officer
The number 35 has special and personal meaning to me, as I lost 35 of my colleagues on September 11th nearly 20 years ago. As a way of honoring them, we will donate 5% of the net management fee of ATFV to charities and causes that were important to these Alger employees who perished.