About AISZX
Alger Small Cap Growth Institutional Fund Class Z-2 is a mutual fund focused on U.S. small-cap growth equities. Its primary objective is long-term capital appreciation by investing predominantly in companies with market capitalizations generally under $1 billion, selected through in-depth fundamental research for their strong growth potential. The fund targets firms across sectors, with a notable concentration in technology, industrials, healthcare, and consumer cyclicals, as evidenced by its top holdings in companies such as Chime Financial, Q2 Holdings, and Wingstop. The fund maintains a diversified portfolio, typically holding over 100 securities, with around 30% of assets in its top 10 positions. As an institutional-class offering, it caters to large investors, requiring a significant minimum investment, and features an expense ratio in line with category norms. The fund’s performance is benchmarked against the S&P 500, and it emphasizes active management to capture emerging opportunities in the small-cap growth space, playing a significant role for investors seeking exposure to dynamic, innovative U.S. small businesses.
Fund Family Alger
Category Small Growth
Performance Rating Low
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol AISZX
Share Class Class Z-2
Index Russell 2000 Growth TR
AISZX had a total return of 18.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.24%.
