AWEG Profile
Alger Weatherbie Enduring Growth ETF is focused on investing primarily in equity securities of mid-cap growth companies that meet specific environmental, social, and governance (ESG) criteria. The fund targets mid-sized firms with robust growth potential while ensuring that these investments have an ESG rating of medium or better, as assessed by Sustainalytics, an independent ESG rating agency. This emphasis on ESG-rated companies reflects a commitment to incorporating sustainability and ethical considerations into the investment process.
Under normal market conditions, the fund mandates that at least 80% of the companies within its portfolio, measured by net assets, must possess a Sustainalytics ESG rating of medium or higher. This strategic focus not only aims to identify growth opportunities within the mid-cap sector but also ensures that the investments align with ESG standards. By prioritizing companies with strong ESG profiles, the fund seeks to combine financial performance with positive social and environmental impact.
The Alger Weatherbie Enduring Growth ETF utilizes a rigorous selection process to identify mid-cap growth companies that exhibit both significant growth potential and strong ESG performance. The funds investment strategy involves thorough analysis of companies' financial health, growth prospects, and adherence to ESG principles. This approach helps to identify firms that are well-positioned for long-term success while aligning with broader sustainability goals.
Investors in the Alger Weatherbie Enduring Growth ETF benefit from a focused investment strategy that integrates growth investing with ESG considerations. By concentrating on mid-cap companies with favorable ESG ratings, the fund aims to deliver superior financial returns while supporting sustainable and responsible business practices. The funds non-diversified nature reflects a targeted approach to capturing growth opportunities within a specific segment of the market, emphasizing both performance and ethical standards.
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