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.
Alger International Focus A ALGAX
- NAV / 1-Day Return 18.55 / −0.27 %
- Total Assets 143.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.310%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Foreign Large Growth
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield —
- Turnover 52%
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis ALGAX
Will ALGAX 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 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 |