The Fund seeks long-term capital appreciation.The Fund invests at least 80% of its net assets in equity securities of mid-cap companies. As a focus fund, the Fund intends to invest a substantial portion of its assets in a smaller number of issuers. Generally the Fund will own approximately 40 holdings.
| Classification | Inception Date | Primary Exchange |
|---|---|---|
| Mid-Cap Growth Funds | 02/26/2021 | NYSE Arca |
Investment Information
| Market Cap | 26.28M |
| Net Assets | 29.40M |
| NAV | 13.42 |
| Shares Outstanding | 2.00M |
| Avg Daily Vol | 28,578 |
| Dividend Yield | 0.00% |
| Dividend | 1.07 |
| Ex Dividend Date | 12/16/21 |
Detailed Information
| Mgmt Co | Alger |
| Turnover | 417.00% |
| Beta | n/a |
| P/E | 39.98 |
| P/B | 8.56 |
| Expense Ratio | 0.60% |
To receive a prospectus
Alger360 Park Avenue South
New York, NY 10010
800-223-3810
Performance
| FRTY | S&P 500 TR IX | |
|---|---|---|
| 1 week | 1.05 | -0.69 |
| 4 weeks | -14.36 | -11.08 |
| 3 months | -24.90 | -10.60 |
| 1 year | -23.98 | -3.86 |
