Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Alger Global Focus I AFGIX
- NAV / 1-Day Return 27.99 / −0.50 %
- Total Assets 20.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.200%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Global Large-Stock Growth
- Investment Style Large Growth
- Min. Initial Investment —
- Status Open
- TTM Yield —
- Turnover 37%
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis AFGIX
Will AFGIX 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 46.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 6.92 | 1.4 Mil | Technology |
Eli Lilly and Co | 6.40 | 1.3 Mil | Healthcare |
Amazon.com Inc | 5.05 | 993,280 | Consumer Cyclical |
American Express Co | 4.69 | 923,404 | Financial Services |
Intuit Inc | 4.59 | 902,802 | Technology |
MSCI Inc | 4.36 | 859,020 | Financial Services |
ASML Holding NV | 3.93 | 772,537 | Technology |
NVIDIA Corp | 3.83 | 753,706 | Technology |
Ferrari NV | 3.69 | 726,432 | Consumer Cyclical |
Salesforce Inc | 3.25 | 639,480 | Technology |