What is AWEG?

AWEG is an actively managed, non-transparent ETF that invests in US, mid-cap growth equities with an ESG risk rating of medium from Sustainalytics. The fund utilizes the Precidian non-transparent model.

PERFORMANCE [as of 03/27/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AWEG -- -- -- -- -- -- --
AWEG (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Mid Cap Growth Index -3.18% 4.27% 3.53% -12.08% 17.19% 9.59% 10.91%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AWEG Factset Analytics Insight

AWEG aims for capital appreciation by selecting US mid-cap growth equities that Sustainalytics rated as medium ESG risk. The actively managed portfolio expects to hold a maximum of 30 stocks. Selection begins with fundamental analysis of mid-cap companies exhibiting growth potential characteristics such as increasing capital value and strong earnings. Companies considered for inclusion are filtered based on ESG risk rating criteria determined by Sustainalytics. The ESG risk rating is determined by assessing the company’s exposure to material ESG risks and assessing how well management manages the company’s exposure to those risks. The fund aims to have an average ESG risk weighting of medium or better. AWEG is a non-transparent ETF. Unlike other ETFs, it does not disclose the contents of its portfolio daily. As a result, there is a chance that shares could trade with larger spreads, particularly during volatile times. However, the fund provides a verified intraday indicative value throughout the trading day.

AWEG Summary Data

Alger
03/07/23
0.65%
$2.32M
No Underlying Index
MSCI USA Mid Cap Growth Index
Open-Ended Fund

Peers

MSCI USA Mid Cap Growth Index
N/A

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

AWEG Portfolio Data

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N/A
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AWEG Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Mid Cap Growth Index

AWEG Portfolio Management

0.65%
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AWEG Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

AWEG Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
N/A

Factset Analytics Block Liquidity

As of 03/28/23

This measurement shows how easy it is to trade a $1 million USD block of AWEG. AWEG is rated a N/A out of 5.

AWEG Tradability

11,291
$217.12K
0
0
0.72%
$0.14
0.43%
1.94% / -0.85%
None
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$18.75
N/A

AWEG Performance Statistics

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0.00%
MSCI USA Mid Cap Growth Index

AWEG Benchmark Comparison Holdings

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AWEG Benchmark Comparison Summary

AWEG Segment
Benchmark
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AWEG Benchmark Comparison Market Cap Size

AWEG Segment
Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.