# Alger Mid Cap 40 ETF (FRTY) — Overview

FRTY · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/frty

## Price

Last close $22.32 on Oct 15, 2026. 52-week range $18.54 – $24.82.

## Fund profile

FRTY is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model.

| Metric | Value |
| --- | --- |
| Issuer | Alger |
| Industry | — |
| Inception | Feb 26, 2021 |
| Assets under management | $147.2M |
| Expense ratio | 0.60% |
| Net asset value | $22.35 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Alger Mid Cap 40 ETF (FRTY)?

FRTY is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model.

### What is FRTY's expense ratio?

Alger Mid Cap 40 ETF charges an annual expense ratio of 0.60%. The fund is issued by Alger.

### How large is FRTY?

Alger Mid Cap 40 ETF manages $147.2M in assets and has traded since Feb 26, 2021.

### How do I buy shares of Alger Mid Cap 40 ETF (FRTY)?

FRTY trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).