Alger Capital Appreciation Institutional Fund Class I

 (MUTF:ALARX)   Watch this mutual fund  
Find more results for MUTF:ALARX

Performance

Trailing returns

1 day   +0.15%
   
1 week   +2.62%
   
4 week   +0.78%
   
3 month   +6.54%
   
YTD
   
-2.23%  
1 year
   
-2.87%  
3 years*   +11.69%
   
5 years*   +11.54%
   
*annualized
Best 3 month return+29.25%  
Worst 3 month return-36.17%  

Morningstar statistics

Morningstar category: Large Growth
  Return Risk Rating
3 years Above Average Average
5 years Above Average Average
10 years High Above Average
Overall High Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets3.66B 
Front load-  
Deferred load-  
Expense ratio1.12%  
Management fee-  
Fund familyAlger 

Asset allocation

Cash4.82%  
Stocks94.63%  
Bonds0.00%  
Other0.55%  

Purchase information

Initial$0  
26.03+0.14(0.54%)
May 26, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks long-term capital appreciation. The fund normally invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the adviser believes demonstrate promising growth potential. It can invest in foreign securities.
Fund filings (PDF) »
Asset managers:
Ankur Crawford (Started: Jun 1, 2015)
Patrick Kelly (Started: Sep 30, 2004)
Advisor Company:
Fred Alger Management Inc
Fund family reports on Morningstar »
Alger, 360 Park Avenue South, New York NY 10010, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -3.47 0.64 -1.44 2.46
Beta* 1.08 1.04 1.09 1.06
Mean annual return -0.10 1.04 0.90 0.89
R-squared* 93.25 88.00 91.52 87.78
Standard deviation 16.34 12.62 13.94 17.24
Sharpe ratio -0.08 0.98 0.77 0.56
* Against standard index

Top 10 holdings

Security Net Assets  
Alphabet Inc C (GOOG) 7.52%  
Apple Inc (AAPL) 5.36%  
Facebook Inc A (FB) 4.96%  
Microsoft Corp (MSFT) 4.65%  
Amazon.com Inc (AMZN) 3.72%  
Visa Inc Class A (V) 2.80%  
Allergan PLC (AGN) 2.54%  
Honeywell International Inc (HON) 2.40%  
Thermo Fisher Scientific Inc (TMO) 1.99%  
Comcast Corp Class A (CMCSA) 1.75%