A talented manager’s unexpected departure from Alger Capital Appreciation is a loss, but the team and approach still impress. All share classes earn a Morningstar Analyst Rating of Bronze.
Will ACARX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACARX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ACARX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ACARX’s parent organization’s priorities and whether they’re in line with investors’ interests.