Inside Alger’s New Active Mid Cap ETF
March 24, 2021 at 11:12 AM EDT
Earlier this month, Fred Alger Management, LLC (Alger) entered the exchange traded funds arena with the Alger Mid Cap 40 ETF (FRTY). The new ETF seeks to invest in 40 high-conviction mid cap growth equities. It’s managed by Amy Zhang. Zhang has been with the firm since 2015 and manages...