Alger Growth Opportunities Fund Class A (AOFAX)

11.59
Net Asset Value
+0.87%
1 Day
+8.42%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.25
Sales Expenses
2.22%
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.

Performance

1 month+1.40% 3 years+14.80%
3 months+7.81% 5 years+13.79%
1 year+11.10% Since inception+8.96%
Data through --

Peer Comparisonvs. Small growth

 AOFAXCategory
Performance 5-yr return+13.79%+15.53%
Expense ratio2.22%1.40%
Risk 5 year sharpe ratio0.920.95
Net assets$16.0M$805.4M
Average market cap$3.5B$2.9B
Average P/E26.527.5
Portfolio turnover92%92%

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Fund Management and Purchase Info

Fund familyAlger
Fund manager & tenureAmy Zhang / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock96.31%
Cash1.85%
International stock1.40%
Fixed income0.44%
Other0.00%
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
-- 1.20%
FEIC FEI Co1.16%
PZZA Papa John's International Inc1.13%
PODD Insulet Corp1.10%
JAH Jarden Corp1.08%
SSS Sovran Self Storage Inc1.07%
BURL Burlington Stores Inc1.05%
ALGN Align Technology Inc1.04%
EFII Electronics for Imaging Inc1.04%
FBHS Fortune Brands Home & Security Inc1.00%

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