FRTYAlger Mid Cap 40 ETF
FRTY Fund Description
FRTY is an actively-managed, non-transparent ETF that provides exposure to US midcap companies with growth characteristics.
FRTY Factset Analytics Insight
FRTY holds approximately 40 companies in its portfolio — selected from the Russell MidCap Growth Index or the S&P MidCap 400 Index — based on the adviser’s highest conviction in the space. The fund focuses on the constituents’ growth characteristics and experiences regarding Positive Dynamic Change which, based on the fund adviser’s proprietary methodology, entails High Unit Volume Growth or Positive Lifecycle Change. Unlike other traditional ETFs, FRTY does not publicly disclose its portfolio holdings daily. It provides a Verified Intraday Indicative Value (VIIV) to provide additional information regarding the indicative value of shares of the fund. Complete holdings are disclosed monthly with a 60-day lag.
FRTY MSCI ESG Analytics Insight
Alger Mid Cap 40 ETF has an MSCI ESG Fund Rating of BB based on a score of 6.14 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Alger Mid Cap 40 ETF ranks in the 46th percentile within its peer group and in the 68th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FRTY Summary Data
FRTY Portfolio Data
FRTY Index Data
FRTY Portfolio Management
FRTY Tax Exposures
FRTY Fund Structure
FRTY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FRTY. FRTY is rated a N/A out of 5.
FRTY Top 10 Holdings[View All]
FRTY Economic Development
FRTY Performance Statistics
FRTY MSCI ESG Ratings
FRTY Benchmark Comparison Summary
FRTY Benchmark Comparison Market Cap Size
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.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.