Skip to Content
Morningstar

Alger Emerging Markets I AIEMX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 10.20  /  −0.29 %
  • Total Assets 19.9 Mil
  • Adj. Expense Ratio
    1.470%
  • Expense Ratio 1.470%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Diversified Emerging Mkts
  • Investment Style Large Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Turnover 110%

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:14 PM GMT+0

Morningstar’s Analysis AIEMX

Will AIEMX 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 AIEMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Weakness in Alger Emerging Markets I'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 second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings AIEMX

More AIEMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

5.64 1.2 Mil
Technology

Nu Holdings Ltd Ordinary Shares Class A

4.77 977,235
Financial Services

Jumbo SA

4.03 824,681
Consumer Cyclical

MercadoLibre Inc

3.93 804,551
Consumer Cyclical

Patanjali Foods Ltd

3.86 790,214
Consumer Defensive

Taiwan Semiconductor Manufacturing Co Ltd ADR

3.75 768,128
Technology

MakeMyTrip Ltd

3.68 753,304
Consumer Cyclical

Trip.com Group Ltd ADR

3.25 665,392
Consumer Cyclical

Cash

3.22 659,620
Cash and Equivalents

Mytilineos SA

3.17 648,057
Industrials