Alger Growth Opportunities Fund Class A (AOFAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests primarily in the stock of small, fast-growing companies that Fred Alger Management, Inc. believes offer innovative products, services or technologies to a rapidly-expanding marketplace. Although it may invest without limit in companies of any size, the fund focuses on companies that, at the time of purchase of the securities, have a total market capitalization not exceeding the highest market capitalization of companies included in the Russell 2500 Growth Index, as reported by the index as of the most recent quarter-end. It can also invest in derivative instruments.


1 month-0.28% 3 years+14.24%
3 months+6.71% 5 years+14.60%
1 year+4.44% Since inception+8.11%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+14.60%+15.53%
Expense ratio2.45%1.39%
Risk 5 year sharpe ratio0.870.90
Net assets$14.7M$793.8M
Average market cap$3.6B$2.9B
Average P/E27.226.6
Portfolio turnover92%92%

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Fund Management and Purchase Info

Fund familyAlger
Fund manager & tenureJill Greenwald / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00


U.S. stock95.79%
Fixed income1.15%
International stock1.10%
Top 5 Sectors
Portfolio weighting
Industrial materials 16.26%
Healthcare 15.89%
Consumer service 10.44%
Business service 10.05%
Hardware 8.22%
Top 10 Holdings
Portfolio weighting
CPHD Cepheid1.23%
JAH Jarden Corp1.22%
HAIN Hain Celestial Group Inc1.17%
ACHC Acadia Healthcare Co Inc1.16%
PODD Insulet Corp1.15%
TYL Tyler Technologies Inc1.13%
LOPE Grand Canyon Education Inc1.10%
ALGN Align Technology Inc1.10%
ALSN Allison Transmission Holdings Inc1.10%
MOH Molina Healthcare Inc1.08%

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