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Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization focusing on the development, adoption, and utilization of artificial intelligence (“AI”) technologies that the manager believes demonstrate promising growth potential. The fund is non-diversified.
Is ALAI's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
AI is everywhere in the product. But revenue growth is decelerating, from 16% to 13% to 12% guided. The productivity benefits are arriving for users and end-consumers of AI, though it's not hitting the income statement (at least yet) for most companies.
During the first quarter of 2026, the Financials and Industrials sectors contributed to relative performance while Consumer Discretionary and Energy were among sectors that detracted from relative performance. Western Digital has structurally shifted toward cloud customers as consumer exposure has declined, with cloud representing the majority of Western Digital's revenue. Nebius Group announced a landmark multi-year infrastructure agreement with a major AI hyperscaler, significantly expanding its contracted backlog and validating its platform at scale.
Stratos Wealth Partners LTD. raised its position in Alger AI Enablers and Adopters ETF (NYSEARCA:ALAI) by 134.3% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,966 shares of the company's stock after buying an additional 67,042 shares
Last year's market surge wasn't built on hype. New research from Alger shows that AI spending and the accompanying infrastructure buildout drove corporate earnings higher, with fundamentals doing the heavy lifting rather than investor sentiment alone.
Investors are looking beyond semiconductor makers as companies across industries deploy artificial intelligence (AI) to transform their operations and products. Generative AI reached 50% of U.S. households in just three years, a speed that dwarfs every prior general-purpose technology, according to Alger's Winter 2026 Capital Markets presentation.