Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Alger Focus Equity C ALCFX
- NAV / 1-Day Return 63.89 / +0.66 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.720%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Large Growth
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.03%
- Turnover 100%
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 1:02 AM GMT+0
Morningstar’s Analysis ALCFX
Will ALCFX 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 57.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 13.28 | 216.9 Mil | Technology |
NVIDIA Corp | 12.83 | 209.6 Mil | Technology |
Amazon.com Inc | 6.45 | 105.4 Mil | Consumer Cyclical |
Meta Platforms Inc Class A | 6.06 | 99.0 Mil | Communication Services |
Apple Inc | 5.54 | 90.5 Mil | Technology |
Alphabet Inc Class C | 3.06 | 50.1 Mil | Communication Services |
Cash | 3.04 | 49.7 Mil | Cash and Equivalents |
AppLovin Corp Ordinary Shares - Class A | 2.99 | 48.8 Mil | Technology |
Netflix Inc | 2.44 | 39.8 Mil | Communication Services |
Broadcom Inc | 2.38 | 38.9 Mil | Technology |