Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Alger Emerging Markets C ACEMX
- NAV / 1-Day Return 9.79 / +0.41 %
- Total Assets 20.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.320%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Diversified Emerging Mkts
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield —
- Turnover 110%
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0
Morningstar’s Analysis ACEMX
Will ACEMX 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 39.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Nu Holdings Ltd Ordinary Shares Class A | 5.41 | 1.1 Mil | Financial Services |
Taiwan Semiconductor Manufacturing Co Ltd | 5.25 | 1.1 Mil | Technology |
Jumbo SA | 4.22 | 893,512 | Consumer Cyclical |
Patanjali Foods Ltd | 4.07 | 860,769 | Consumer Defensive |
MercadoLibre Inc | 3.49 | 738,624 | Consumer Cyclical |
PDD Holdings Inc ADR | 3.45 | 731,550 | Consumer Cyclical |
Mytilineos SA | 3.39 | 717,570 | Industrials |
MakeMyTrip Ltd | 3.35 | 709,398 | Consumer Cyclical |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 3.34 | 707,200 | Technology |
HDFC Bank Ltd | 3.30 | 698,376 | Financial Services |