Skip to Content
Morningstar

Alger International Focus I AIGIX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 18.75  /  +1.35 %
  • Total Assets 142.9 Mil
  • Adj. Expense Ratio
    1.280%
  • Expense Ratio 1.280%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Foreign Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Turnover 52%

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

Morningstar’s Analysis AIGIX

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

  • People Pillar

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

Weakness in Alger International Focus 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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings AIGIX

More AIGIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ASML Holding NV

4.39 7.2 Mil
Technology

Ferrari NV

4.31 7.1 Mil
Consumer Cyclical

Cash

3.61 6.0 Mil
Cash and Equivalents

Novo Nordisk A/S Class B

3.46 5.7 Mil
Healthcare

Nu Holdings Ltd Ordinary Shares Class A

3.39 5.6 Mil
Financial Services

MercadoLibre Inc

3.06 5.0 Mil
Consumer Cyclical

Partners Group Holding AG

2.98 4.9 Mil
Financial Services

Lasertec Corp

2.97 4.9 Mil
Technology

MakeMyTrip Ltd

2.87 4.7 Mil
Consumer Cyclical

EQT AB Ordinary Shares

2.79 4.6 Mil
Financial Services