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Alger Small Cap Focus Fund (AOFIX)

12.51
Net Asset Value
-0.24%
1 Day
+12.40%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.25
Sales Expenses
1.82%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between (1) the higher of (a) $5 billion or (b) the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and (2) the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index. Both indexes are broad-based indexes of small capitalization stocks.

Performance

1 month+9.09% 3 years+6.13%
3 months+3.03% 5 years+12.97%
1 year+10.07% Since inception+7.73%
Data through --

Peer Comparisonvs. Small growth

 AOFIXCategory
Performance 5-yr return+12.97%+14.42%
Expense ratio1.82%1.33%
Risk 5 year sharpe ratio0.860.84
Net assets$219.9M$852.9M
Average market cap$2.3B$2.9B
Average P/E45.124.6
Portfolio turnover162%162%

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Fund Management and Purchase Info

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

Holdings

U.S. stock95.12%
Cash4.86%
Fixed income0.02%
International stock0.00%
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
CMD Cantel Medical Corp4.71%
BLKB Blackbaud Inc4.02%
MDSO Medidata Solutions Inc3.87%
TECH Bio-Techne Corp3.81%
MANH Manhattan Associates Inc3.77%
NEOG Neogen Corp3.52%
CGNX Cognex Corp3.50%
BCPC Balchem Corp3.35%
TYL Tyler Technologies Inc3.17%
INGN Inogen Inc2.83%