Alger Concentrated is trading at 12.86 as of the 25th of November 2024; that is 0.23% down since the beginning of the trading day. The fund's open price was 12.89. Alger Concentrated has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Alger Concentrated Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2023 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 of large-cap companies that the manager believes demonstrate promising growth potential. The fund is non-diversified. More on Alger Concentrated Equity
Alger Concentrated Equity [CNEZX] is traded in USA and was established 25th of November 2024. Alger Concentrated is listed under Alger category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Alger family. Alger Concentrated Equity currently has accumulated 4.32 M in assets under management (AUM) with no minimum investment requirements
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Other Information on Investing in Alger Mutual Fund
Alger Concentrated 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 Concentrated security.