About CHUSX
Alger Global Equity Fund Class A is a mutual fund designed to provide investors with exposure to growth opportunities across developed and emerging equity markets worldwide. The fund primarily invests in large-cap companies, emphasizing a growth-oriented investment style that targets firms with strong potential for capital appreciation. Notable sectors within the portfolio include technology, consumer cyclical, healthcare, and financial services, reflecting a diversified approach to global market trends and innovation. Key holdings often feature leading multinational corporations, with a significant portion allocated to industry leaders such as NVIDIA, Amazon.com, and Alphabet, as well as other prominent names in consumer, healthcare, and industrial sectors. The fund typically maintains a relatively high portfolio turnover, indicative of its active management strategy. With a focus on global large-stock growth, Alger Global Equity Fund Class A serves investors seeking broad diversification and exposure to global economic growth drivers through a single investment vehicle.
Fund Family Alger
Category World Large-Stock Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CHUSX
Share Class Class A
Index MSCI AC World TR USD
CHUSX had a total return of 9.06% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.51%.
