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Morningstar

Alger International Focus C ALGCX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 14.05  /  0.64 %
  • Total Assets 160.0 Mil
  • Adj. Expense Ratio
    2.090%
  • Expense Ratio 2.090%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Foreign Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Turnover 49%

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:00 PM GMT+0

Morningstar’s Analysis ALGCX

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Alger International Focus C 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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ALGCX

More ALGCX Holdings
  • Current Portfolio Date
  • Equity Holdings 44
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 29.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

4.67
7,183,055
Cash and Equivalents

Ferrari NV

4.10
6,313,325
Consumer Cyclical

ASML Holding NV

3.67
5,653,095
Technology

SLB

3.21
4,943,840
Energy

Nu Holdings Ltd Ordinary Shares Class A

3.06
4,705,250
Financial Services

Novo Nordisk A/S Class B

2.83
4,351,664
Healthcare

HDFC Bank Ltd ADR

2.75
4,231,017
Financial Services

London Stock Exchange Group PLC

2.62
4,040,102
Financial Services

MercadoLibre Inc

2.59
3,993,822
Consumer Cyclical

Kerry Group PLC Class A

2.47
3,809,402
Consumer Defensive