About ALZFX
Alger Focus Equity Fund is a large-cap growth mutual fund that seeks long-term capital appreciation by maintaining a concentrated portfolio, typically comprising around 50 holdings. The fund emphasizes investing in a select group of companies, identified through rigorous fundamental, bottom-up research, that exhibit significant growth potential and are seen as benefiting from positive dynamic change. Its portfolio is heavily weighted towards technology, communication services, and consumer cyclical sectors, with major holdings often including leading global corporations such as Microsoft, NVIDIA, Amazon, Meta Platforms, and Apple. The fund is actively managed by experienced portfolio managers who collaborate closely with a dedicated team of analysts. By adopting a focused approach, the fund aims to capture the outsized growth of its best ideas, leading to higher portfolio concentration and a greater percentage of assets in its top holdings. Alger Focus Equity Fund holds a notable position in the large-growth category and is recognized for its disciplined investment process, cost efficiency, and sector-specific expertise.
Fund Family Alger
Category Large Growth
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ALZFX
Share Class Class Z
Index Russell 1000 Growth TR
ALZFX had a total return of 72.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 19.37%.
