3 / 5 Stars
2 2 3 1 1
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#137 in Small Growth
U.S. News evaluated 215 Small 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 28.24 percent over the past year, 13.46 percent over the past three years, and 23.67 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.7%|
|3 Years (Annualized)||13.5%|
|5 Years (Annualized)||23.7%|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. The fund invests primarily in the stock of small, fast-growing companies that Fred Alger Management, Inc. believes offer innovative products, services or technologies to a rapidly-expanding marketplace. Although it may invest without limit in companies of any size, the fund focuses on companies that, at the time of purchase of the securities, have a total market capitalization not exceeding the highest market capitalization of companies included in the Russell 2500 Growth Index, as reported by the index as of the most recent quarter-end. It can also invest in derivative instruments.
Fees are Above Average compared to funds in the same category.
Alger Growth Opportunities Fund has an expense ratio of 1.60 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.