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Alger Emerging Markets C ACEMX

Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 9.79  /  +0.41 %
  • Total Assets 20.6 Mil
  • Adj. Expense Ratio
    2.320%
  • 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.

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

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Portfolio Holdings ACEMX

  • 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