Group 1: WEBs Investments and Defined Volatility ETFs - WEBs Investments has launched a suite of 13 defined volatility ETFs designed to dynamically adjust market exposure based on real-time volatility [2] - The ETFs utilize sector SPDR ETFs and apply a mechanical, rules-based process to adjust exposure daily based on realized market volatility [2][3] - The strategy is tax-efficient and aims to assist investors with a multi-year horizon, complementing traditional equity allocations with a volatility-aware approach [3] Group 2: Alger's Investment Philosophy and Market Insights - Alger's investment philosophy focuses on "positive dynamic change," leveraging innovation driven by AI, robotics, and digital disruption [4] - Elevated market valuations are viewed as potential long-term opportunities, particularly with an active management approach that considers intangible assets and future earnings potential [5] - Due diligence is emphasized in the active ETF space, with a recommendation for investors to evaluate ETFs with the same rigor as mutual funds, focusing on team, process, philosophy, and performance [5]