Alger Russell Innovation Index Rebalances for Q3 2026

Fred Alger Management, LLC (Alger), a privately held growth equity investment manager, announced today the quarterly rebalancing of the Alger Russell Innovation Index (Index). The adjustments will become effective following the close of trading on Friday, September 18, 2026.

The Alger Russell Innovation Index tracks companies that are driving innovation across the technology, healthcare, and consumer sectors. The index's rebalancing ensures its continued relevance by reflecting evolving market trends and technological advancements.

Alger, which has managed growth equity investments since 1964, employs a methodology that identifies companies with strong innovation capabilities. This process typically involves analyzing factors such as research and development spending, patent activity, and the successful introduction of new products and services.

The index serves as a benchmark for investors seeking exposure to companies at the forefront of technological and product development. By regularly updating its holdings, the index aims to capture the dynamic nature of innovation-driven growth.