Alger Capital Appreciation Ptfl I-2 (ALVOX)
* As of 31-Mar-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for ALVOX at this time.
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||0.96%|
Performance & Risk
|5y Avg Return:||23.06%|
|Rank in Category (ytd):||36|
|% Rank in Category (ytd):||2.03%|
|Morningstar Risk Rating:||4|
The investment seeks long-term capital appreciation.
Under normal market circumstances, the fund invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes demonstrate promising growth potential. It can leverage, that is, borrow money to buy additional securities. By borrowing money, the fund has the potential to increase its returns if the increase in the value of the securities purchased exceeds the cost of borrowing, including interest paid on the money borrowed. The fund can also invest in derivative instruments. View More