Alger Emerging Markets I
Alger Funds II111 Fifth AvenueNew York, NY 10003
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Phone: 800-992-3362
| Category: | Diversified Emerging Mkts | | Fund Family: | Alger | | Net Assets: | 12.97M | | Year-to-Date Return: | 0.67% | | Yield: | 1.83% | | Morningstar Rating: | N/A | | Fund Inception Date: | Dec 28, 2010 |
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Deborah Velez Medenica
Lead Manager since Dec 28, 2010 | | | DEBORAH VELEZ MEDENICA, CFA
Deborah, who has 15 years of investment experience (17 years of experience in emerging markets), recently joined Alger from PineBridge Investments. While at PineBridge and its predecessor, Deborah rose from investment analyst to portfolio manager to the head of emerging market equities. Prior to PineBridge, Deborah worked as an analyst for Baring Asset Management, Toronto Dominion Bank, and Cambridge Associates. Deborah graduated with an A.B. from Harvard-Radcliffe College, earned her M.A. in International Economics and Latin American Studies from Johns Hopkins School of Advanced International Studies, and earned her M.B.A. at The Wharton School. In addition, Deborah is a CFA charterholder and a member of the CFA Institute. |
| Min Initial Investment: | 0 | | 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 |
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| The investment seeks long-term capital appreciation.
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of emerging country issuers. It generally invests in at least three emerging countries, and, at times, may invest a substantial portion of its assets in a single emerging country. The fund may invest in companies of any market capitalization, from larger, well-established companies to small, emerging growth companies. |
| Last Dividend
(Dec 17, 2012)
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| 0.00 | | Last Cap Gain
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| 0.00 | | Annual Holdings Turnover
(May 8, 2013)
:
| 150.09% | | Average for Category: | 60.67% |
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| Expense | AIEMX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.70% | 1.60% | | Prospectus Net Expense Ratio: | 1.70% | N/A | | Prospectus Gross Expense Ratio: | 4.28% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 5.33% | | Max Deferred Sales Load:
| N/A | 1.77% | | 3 Yr Expense Projection*: | 1,063 | 934 | | 5 Yr Expense Projection*: | 1,967 | 1,313 | | 10 Yr Expense Projection*: | 4,283 | 2,721 |
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0.01(0.11%) May 20