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Morningstar

Alger Emerging Markets Z AZEMX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 11.08  /  −0.36 %
  • Total Assets 20.8 Mil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.010%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Diversified Emerging Mkts
  • Investment Style Large Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 0.15%
  • Turnover 110%

USD | NAV as of May 08, 2024 | 1-Day Return as of May 08, 2024, 12:44 AM GMT+0

Morningstar’s Analysis AZEMX

Will AZEMX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AZEMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AZEMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AZEMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Alger Emerging Markets Z's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AZEMX

More AZEMX Holdings
  • 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