The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Alger AI Enablers & Adopters A AIFAX
- NAV / 1-Day Return 11.67 / +0.52 %
- Total Assets 4.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Technology
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield —
- Turnover —
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 1:15 AM GMT+0
Morningstar’s Analysis AIFAX
Will AIFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 66.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 12.16 | 463,532 | Technology |
Amazon.com Inc | 11.12 | 423,884 | Consumer Cyclical |
NVIDIA Corp | 10.78 | 411,091 | Technology |
Apple Inc | 10.58 | 403,297 | Technology |
Meta Platforms Inc Class A | 5.24 | 199,903 | Communication Services |
AppLovin Corp Ordinary Shares - Class A | 4.18 | 159,520 | Technology |
Broadcom Inc | 4.07 | 155,378 | Technology |
Cash | 3.71 | 141,322 | Cash and Equivalents |
Alphabet Inc Class C | 3.26 | 124,495 | Communication Services |
S&P Global Inc | 2.83 | 108,095 | Financial Services |