Alger Growth Opportunities Fund

Scorecard
2 / 5 Stars
Lipper
2 2 3 1 1
Zacks Investment Research
3 (Hold)
Standard & Poor's
1 / 5 Stars
TheStreet.com
E (Sell)

#129 in Small Growth

U.S. News evaluated 219 Small 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 18.26 percent over the past year, 11.06 percent over the past three years, and 18.31 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 0.2%
1 Year 18.3%
3 Years (Annualized) 11.1%
5 Years (Annualized) 18.3%
10 Years (Annualized) N/A

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Summary

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

Fees are Above Average compared to funds in the same category.
Alger Growth Opportunities Fund has an expense ratio of 1.60 percent.

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Risk

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

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