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    Alger Large Cap Growth I-2 (AAGOX)

    45.73 Down 2.04(4.27%) Feb 5

    Profile as of Jan 30, 2016Get Profile for:
    Alger Large Cap Growth I-2
    Alger American Fund111 Fifth AvenueNew York, NY 10003
    Map
    Phone: 800-992-3863
    Fund Overview 
    Category:Large Growth
    Fund Family:Alger
    Net Assets:257.89M
    Year-to-Date Return:-8.99%
    Yield:0.00%
    Morningstar Rating:2 stars
    Fund Inception Date:Jan 9, 1989
    Morningstar Style Box 
    Large Growth
    [View Category Definition]
    View Top Large Growth Funds
    About the Morningstar Style Box
    Management Information 
    Dan C. Chung
    Lead Manager since Sep 30, 2001
    Daniel C. Chung, CFA is Chief Executive Officer, Chief Investment Officer and Portfolio Manager of several Alger strategies. Dan joined Alger in 1994 and has 19 years of investment experience. He was named Chief Investment Officer in September 2001, President in 2003 and CEO in 2006. Dan graduated from Stanford University with B.A. and B.S. degrees, with Distinction and Phi Beta Kappa, in 1984. He earned his J.D. magna cum laude from Harvard Law School in 1987, where he was an editor of the Harvard Law Review. After law school, he served as law clerk for the Honorable Justice Anthony M. Kennedy, United States Supreme Court. He joined Simpson Thacher & Bartlett LLP in New York City in 1989 and earned an L.L.M. from New York University. Dan is a CFA charterholder and a member of the CFA Institute. Throughout his tenure at Alger, Dan has made numerous TV appearances, including CNBC’s “The Wall Street Journal with Maria Bartiromo” and Bloomberg’s “Street Fighters.” Dan has also been featured and quoted frequently in Barron’s, Financial Advisor, Forbes, Fortune, Investment News, Smart Money, USA Today and the Wall Street Journal.
    Investment Information 
    Min Initial Investment:500,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    AAGOX can be purchased from 23 brokerages.

    Fund Summary 
    The investment seeks long-term capital appreciation. The fund focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. It normally invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the Russell 1000 Growth Index, updated quarterly as reported as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks.

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Dec 15, 2015) : 0.00
    Annual Holdings Turnover (Feb 3, 2016) : 230.73%
    Average for Category:50.73%
    Fees & Expenses 
    ExpenseAAGOXCategory Avg
    Annual Report Expense Ratio (net):0.86%1.18%
    Prospectus Net Expense Ratio:0.86%N/A
    Prospectus Gross Expense Ratio:0.86%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.45%
    Max Deferred Sales Load: N/A2.11%
    3 Yr Expense Projection*:274503
    5 Yr Expense Projection*:477791
    10 Yr Expense Projection*:1,0611,612
    * Per $10,000 invested