Alger Weatherbie Enduring Growth ETF

Frequently Asked Questions About AWEG

What does AWEG invest in?

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance (“ESG”) rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund’s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

What is the expense ratio of AWEG?

Alger Weatherbie Enduring Growth ETF (AWEG) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AWEG?

Alger Weatherbie Enduring Growth ETF (AWEG) manages $4.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AWEG actively managed or an index fund?

AWEG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AWEG launched?

Alger Weatherbie Enduring Growth ETF (AWEG) launched in March 2023 and is managed by Alger.

How has AWEG performed?

AWEG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.