Alger Spectra Fund

Scorecard
4 / 5 Stars
Lipper
5 5 4 2 3
Zacks Investment Research
2 (Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
B- (Buy)

#72 in Large Growth

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.

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Performance

The fund has returned 29.62 percent over the past year, 16.28 percent over the past three years, 20.59 percent over the past five years, and 12.44 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 5.8%
1 Year 29.6%
3 Years (Annualized) 16.3%
5 Years (Annualized) 20.6%
10 Years (Annualized) 12.4%

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Summary

The investment seeks long-term capital appreciation. The fund invests primarily in the equity securities of companies of any size that Fred Alger Management, Inc. believes demonstrate promising growth potential. It can leverage, that is, borrow money to purchase additional securities. The fund can also invest in derivative instruments.

Fees

Fees are Average compared to funds in the same category.
Alger Spectra Fund has an expense ratio of 1.30 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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