Morningstar

Alger Global Equity Fund Class I AFGIX

Morningstar Medalist Rating
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Medalist Rating as of See Alger Investment Hub
  • NAV / 1-Day Return $26.73  /  −3.01 %
  • Fund Size $18.5M
  • Adjusted Expense Ratio 1.200%
  • Net Expense Ratio 1.200%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Global Large-Stock Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio 87%
NAV and 1-Day Return as of

Morningstar’s Analysis AFGIX

Will AFGIX outperform in the 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 AFGIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AFGIX 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 AFGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Alger Global Equity I holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

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Portfolio Holdings AFGIX

More AFGIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Amazon.com Inc

5.25 1M
Consumer Cyclical

NVIDIA Corp

4.14 822,071
Technology

Cash

4.11 815,582
Cash and Equivalents

Taiwan Semiconductor Manufacturing Co Ltd ADR

4.10 814,160
Technology

Broadcom Inc

3.91 776,224
Technology

GE Vernova Inc

3.73 740,737
Industrials

Hitachi Ltd

3.67 728,068
Industrials

Coca-Cola HBC AG

3.40 675,704
Consumer Defensive

Cardinal Health Inc

3.13 620,621
Healthcare

Analog Devices Inc

3.04 603,655
Technology

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