About CHUCX
The Alger Global Equity Fund Class C is an actively managed mutual fund designed to provide capital appreciation by investing primarily in equity securities of global companies. The fund allocates at least 80% of its net assets to equities, including common stocks, American Depositary Receipts, and Global Depositary Receipts from both U.S. and international firms. Its investment strategy focuses on large-cap growth stocks across diverse sectors and geographies, enabling broad exposure to major global markets. Managed by Fred Alger Management, LLC, with co-management by Redwood Investments, the fund typically holds around 40–45 positions, emphasizing a concentrated, high-conviction approach. With a minimum investment requirement, the fund particularly targets investors seeking exposure to global growth opportunities through a single diversified vehicle. Since its inception in 2008, Alger Global Equity Fund Class C has played a role in connecting investors to dynamic businesses worldwide, reflecting trends and innovation across the international equity landscape.
Fund Family Alger
Category World Large-Stock Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CHUCX
Share Class Class C
Index MSCI AC World TR USD
CHUCX had a total return of 7.92% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.59%.
