5 / 5 Stars
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 464 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 30.26 percent over the past year, 16.57 percent over the past three years, 19.80 percent over the past five years, and 11.56 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.5%|
|3 Years (Annualized)||16.6%|
|5 Years (Annualized)||19.8%|
|10 Years (Annualized)||11.6%|
The investment seeks long-term capital appreciation. Under normal market circumstances, the fund 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 advisor believes demonstrate promising growth potential. It can leverage, that is, borrow money to buy additional securities. By borrowing money, the fund has the potential to increase its returns if the increase in the value of the securities purchased exceeds the cost of borrowing, including interest paid on the money borrowed. The fund can also invest in derivative instruments.
Fees are Average compared to funds in the same category.
Alger Capital Appreciation Portfolio has an expense ratio of 0.96 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.