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 Emerging Markets A AAEMX
- NAV / 1-Day Return 10.85 / +1.59 %
- Total Assets 20.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.570%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Diversified Emerging Mkts
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield —
- Turnover 110%
USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 1:01 AM GMT+0
Morningstar’s Analysis AAEMX
Will AAEMX 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 37.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Taiwan Semiconductor Manufacturing Co Ltd | 6.00 | 1.3 Mil | Technology |
Samsung Electronics Co Ltd | 5.91 | 1.2 Mil | Technology |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 4.18 | 874,956 | Technology |
ICICI Bank Ltd ADR | 3.50 | 732,523 | Financial Services |
Trip.com Group Ltd ADR | 3.25 | 679,057 | Consumer Cyclical |
HCL Technologies Ltd | 3.09 | 646,728 | Technology |
Nu Holdings Ltd Ordinary Shares Class A | 3.08 | 644,180 | Financial Services |
Arcos Dorados Holdings Inc Class A | 2.76 | 577,760 | Consumer Cyclical |
MercadoLibre Inc | 2.68 | 559,950 | Consumer Cyclical |
Kweichow Moutai Co Ltd Class A | 2.67 | 558,461 | Consumer Defensive |