Alger Mid Cap 40 ETF (FRTY US) – Portfolio Construction MethodologyThe investment strategy underpinning the actively managed Alger Mid Cap 40 ETF concentrates on ~40 mid-cap U.S. equities identified through fundamental, bottom-up research into “Positive Dynamic Change” — either high unit volume growth or positive lifecycle change. The investable universe targets mid-caps (as defined by ranges around the Russell Midcap Growth or S&P MidCap 400), with flexibility to hold positions that migrate beyond those ba ...