Alger Launches 2 Transparent Actively Managed ETFs

Fred Alger Management rolled out two new exchange-traded funds on Friday, bringing its ETF family to five funds. Unlike the rest of the firm’s entirely actively managed lineup, these newest additions are fully transparent. An Actively Managed AI-Focused Strategy The Alger AI Enablers & Adopters ETF (NYSE Arca: ALAI) has an expense ratio of 0.55% [...] The post Alger Launches 2 Transparent Actively Managed ETFs appeared first on ETF Trends .