5 / 5 Stars
4 5 4 2 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#75 in Large Growth
U.S. News evaluated 466 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 31.77 percent over the past year, 15.21 percent over the past three years, 24.89 percent over the past five years, and 11.12 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.3%|
|3 Years (Annualized)||15.2%|
|5 Years (Annualized)||24.9%|
|10 Years (Annualized)||11.1%|
The investment seeks long-term capital appreciation. The fund normally invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the adviser believes demonstrate promising growth potential. It can leverage, that is, borrow money to buy additional securities. The fund can also invest in derivative instruments.
Fees are Average compared to funds in the same category.
Alger Capital Appreciation Institutional Fund has an expense ratio of 1.19 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.