3 / 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 32.69 percent over the past year, 14.36 percent over the past three years, 17.99 percent over the past five years, and 7.48 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.7%|
|3 Years (Annualized)||14.4%|
|5 Years (Annualized)||18.0%|
|10 Years (Annualized)||7.5%|
The investment seeks long-term capital appreciation. The fund focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. It normally invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the Russell 1000 Growth Index, updated quarterly as reported as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks.
Fees are Average compared to funds in the same category.
Alger Large Cap Growth Portfolio Fund has an expense ratio of 0.88 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.