Alger International Growth Fund Quote
| AIGIX Fund | USD 20.06 0.06 0.30% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Alger International is trading at 20.06 as of the 29th of November 2024; that is 0.30 percent increase since the beginning of the trading day. The fund's open price was 20.0. Alger International has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Alger International Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of May 2023 and ending today, the 29th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of foreign companies. It generally invests in at least three foreign countries, and, at times, may invest a substantial portion of its assets in a single foreign country.. More on Alger International Growth
Moving against ALGER Mutual Fund
ALGER Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Growth Funds, Foreign Large Growth Funds, Foreign Large Growth, Alger (View all Sectors) |
| Update Date | 30th of September 2024 |
Alger International Growth [AIGIX] is traded in USA and was established 29th of November 2024. Alger International is listed under Alger category by Fama And French industry classification. The fund is listed under Foreign Large Growth category and is part of Alger family. This fund presently has accumulated 156.8 M in assets under management (AUM) with no minimum investment requirementsAlger International is currently producing year-to-date (YTD) return of 6.57%, while the total return for the last 3 years was -5.6%.
Check Alger International Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ALGER Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ALGER Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger International Growth Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger International Growth Mutual Fund Constituents
| UBS | UBS Group AG | Stock | Financials | |
| YNDX | Yandex NV | Stock | Communication Services | |
| TAL | TAL Education Group | Stock | Consumer Discretionary | |
| ASML | ASML Holding NV | Stock | Information Technology | |
| AVGO | Broadcom | Stock | Information Technology | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| EDU | New Oriental Education | Stock | Consumer Discretionary | |
| EQT | EQT Corporation | Stock | Energy |
Alger International Risk Profiles
| Mean Deviation | 0.5998 | |||
| Standard Deviation | 0.782 | |||
| Variance | 0.6115 | |||
| Risk Adjusted Performance | (0.05) |
Alger International Against Markets
Other Information on Investing in ALGER Mutual Fund
Alger International financial ratios help investors to determine whether ALGER Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALGER with respect to the benefits of owning Alger International security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |