Lead manager Patrick Kelly has proved skillful in executing Alger’s firmwide aggressive growth approach. Most of the fund’s share classes earn a Morningstar Analyst Rating of Bronze, but the pricey C shares warrant a Neutral.
Will SPECX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPECX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SPECX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SPECX’s parent organization’s priorities and whether they’re in line with investors’ interests.