2 / 5 Stars
2 2 4 1 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 465 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 21.13 percent over the past year, 11.84 percent over the past three years, 18.44 percent over the past five years, and 8.02 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||-1.1%|
|3 Years (Annualized)||11.8%|
|5 Years (Annualized)||18.4%|
|10 Years (Annualized)||8.0%|
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 of any size that, in the opinion of Fred Alger Management, Inc., conduct their business in an environmentally sustainable manner, while demonstrating promising growth potential. It can leverage, that is, borrow money to purchase additional securities.
Fees are Average compared to funds in the same category.
Alger Green Fund has an expense ratio of 1.35 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.