Alger Growth Opportunities Fund Class C (AOFCX)

9.94
Net Asset Value
+0.10%
1 Day
-8.05%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
3.23%
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.

Performance

1 month+0.09% 3 years+16.19%
3 months+1.23% 5 years+13.59%
1 year+2.96% Since inception+7.37%
Data through --

Peer Comparisonvs. Small growth

 AOFCXCategory
Performance 5-yr return+13.59%+14.84%
Expense ratio3.23%1.40%
Risk 5 year sharpe ratio0.900.96
Net assets$15.2M$804.1M
Average market cap$3.3B$2.8B
Average P/E25.726.3
Portfolio turnover93%93%

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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

Holdings

U.S. stock91.96%
International stock4.51%
Cash3.37%
Fixed income0.16%
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
SIG Signet Jewelers Ltd1.23%
JAH Jarden Corp1.16%
SNCR Synchronoss Technologies Inc1.15%
HAIN Hain Celestial Group Inc1.14%
ACHC Acadia Healthcare Co Inc1.13%
ALGN Align Technology Inc1.12%
LRCX Lam Research Corp1.10%
WCN Waste Connections Inc1.06%
WMGI Wright Medical Group Inc1.06%
CPHD Cepheid1.05%

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