ETF Trendsยท2025-09-03 12:42Core Viewpoint - Despite concerns about the U.S. large-cap growth sector potentially slowing down due to macroeconomic factors, certain companies, particularly in the tech sector, continue to show strong performance driven by momentum in artificial intelligence [1][2][3][4]. Group 1: Market Conditions and Company Performance - Initial fears arose that the era of U.S. large-cap growth might be ending due to uncertain market conditions and potential economic slowdown [1][2]. - Companies like Nvidia, Meta, and Microsoft have maintained strong results, leveraging the growing enthusiasm for artificial intelligence [3]. Group 2: Investment Strategy - It is suggested that investors should not abandon U.S. large-cap growth potential but rather focus on individual securities with strong growth prospects [4]. - The Alger Concentrated Equity ETF (CNEQ) exemplifies an active investment strategy, holding 30 or fewer stocks to concentrate on company fundamentals [5]. Group 3: Portfolio Composition - CNEQ has significant exposure to leading tech companies, with over 40% of its portfolio in the information technology sector as of July 31, 2025 [6]. - The fund also includes non-tech companies like Visa, Constellation Energy, and Eli Lilly, providing diversified growth opportunities beyond tech innovation [7]. Group 4: Performance Metrics - As of August 14, 2025, CNEQ's net asset value (NAV) has increased by more than 24% year-to-date, highlighting the effectiveness of its disciplined stock selection and focus on tech momentum [9].