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Morningstar

Alger International Focus Z ALCZX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 18.90  /  −0.58 %
  • Total Assets 143.6 Mil
  • Adj. Expense Ratio
    0.880%
  • Expense Ratio 0.880%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Foreign Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 0.14%
  • Turnover 52%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis ALCZX

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

  • People Pillar

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

Weakness in Alger International Focus Z's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ALCZX

More ALCZX 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