The ETF is Not Compliant. It has significant stake in the Financials sector.
FRTY – Alger Mid Cap 40 ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Equity US Sm&Mid Cap
- ETF
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Impure Income
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Zakat per Share*
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Purification
Debt
0.00%
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Non-Compliant Assets
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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ETF Objective
The Fund seeks long-term capital appreciation.The Fund invests at least 80% of its net assets in equity securities of mid-cap companies. As a focus fund, the Fund intends to invest a substantial portion of its assets in a smaller number of issuers. Generally the Fund will own approximately 40 holdings.
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