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.
Alger Emerging Markets I AIEMX
- NAV / 1-Day Return 10.20 / −0.29 %
- Total Assets 19.9 Mil
-
Adj. Expense Ratio
- 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.
People Pillar
Parent Pillar
- 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 |