Alger Growth Opportunities Fund Class I (AOFIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
No Load
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.


1 month+6.19% 3 years+15.18%
3 months+7.33% 5 years+14.71%
1 year+2.98% Since inception+9.20%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+14.71%+15.53%
Expense ratio2.43%1.40%
Risk 5 year sharpe ratio0.940.95
Net assets$16.0M$805.4M
Average market cap$3.6B$2.7B
Average P/E26.426.0
Portfolio turnover92%92%

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Fund Management and Purchase Info

Fund familyAlger
Fund manager & tenureAmy Zhang / 0 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock97.62%
International stock1.24%
Fixed income0.42%
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
PODD Insulet Corp1.28%
-- 1.15%
SIG Signet Jewelers Ltd1.15%
ALSN Allison Transmission Holdings Inc1.14%
JLL Jones Lang LaSalle Inc1.14%
WAB Westinghouse Air Brake Technologies Corp1.13%
JAH Jarden Corp1.12%
VAL The Valspar Corp1.10%
FEIC FEI Co1.06%
HAIN Hain Celestial Group Inc1.06%

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