Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund in the Large Growth category. It has $2.40B in assets, an expense ratio of 0.56% and a 0.46% dividend yield. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the Manager believes demonstrate promising growth potential. The fund manager intends to invest a substantial portion of its assets in a smaller number of issuers. The fund is non-diversified.
Assets under management
$2.40B
Expense ratio
0.56%
Category
Large Growth
Dividend yield
0.46%
NAV
$39.85
Fund family
Alger
Exchange
NYSE
Top holdings
The largest positions Alger Concentrated Equity ETF reports, by weight.