3 / 5 Stars
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 223 Mid-Cap 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 30.27 percent over the past year, 12.29 percent over the past three years, and 25.13 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||5.3%|
|3 Years (Annualized)||12.3%|
|5 Years (Annualized)||25.1%|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of smallcap and midcap companies. It focuses on smallcap and midcap companies that the advisor believes demonstrate promising growth potential. Smallcap or midcap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2500 Growth Index or the Russell Midcap Growth Index, respectively, as reported by the indexes as of the most recent quarter-end.
Fees are Low compared to funds in the same category.
Alger SMid Cap Growth Portfolio Fund has an expense ratio of 0.99 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.