Alger Global Growth Fund Quote
| CHUCX Fund | USD 29.88 0.09 0.30% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Alger Global is trading at 29.88 as of the 25th of November 2024; that is 0.30 percent increase since the beginning of the trading day. The fund's open price was 29.79. Alger Global has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Alger Global Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of global companies, which include both U.S. More on Alger Global Growth
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Growth Funds, World Large-Stock Growth Funds, World Large-Stock Growth, Alger, Large Growth, World Large-Stock Growth (View all Sectors) |
| Update Date | 30th of September 2024 |
Alger Global Growth [CHUCX] is traded in USA and was established 25th of November 2024. Alger Global is listed under Alger category by Fama And French industry classification. The fund is listed under World Large-Stock Growth category and is part of Alger family. This fund currently has accumulated 28.42 M in assets under management (AUM) with no minimum investment requirementsAlger Global Growth is currently producing year-to-date (YTD) return of 18.61%, while the total return for the last 3 years was -2.54%.
Check Alger Global 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 Global 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 Global Growth Mutual Fund Constituents
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| CG | Carlyle Group | Stock | Financials | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| CRM | Salesforce | Stock | Information Technology | |
| CDNS | Cadence Design Systems | Stock | Information Technology | |
| SIVB | SVB Financial Group | Stock | Financials | |
| FCX | Freeport McMoran Copper Gold | Stock | Materials | |
| CRWD | Crowdstrike Holdings | Stock | Information Technology |
Alger Global Growth Risk Profiles
| Mean Deviation | 0.6714 | |||
| Semi Deviation | 0.8713 | |||
| Standard Deviation | 0.9198 | |||
| Variance | 0.846 |
Alger Global Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Global 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 Global security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |