|360 Park Avenue South , New York, NY 10010|
|Fund Manager||Amy Zhang|
|Manager Tenure||6 Years 7 Months|
Alger Small Cap Growth Fund seeks long-term capital appreciation. Fred Alger Management, LLC believes companies undergoing Positive Dynamic Change offer the best investment opportunities. Positive Dynamic Change refers to companies realizing High Unit Volume Growth or companies undergoing Positive Lifecycle Change. High Unit Volume Growth companies are traditional growth companies experiencing, for example, rapidly growing demand or market dominance. Positive Lifecycle Change companies are, for example, companies benefitting from new regulations, a new product innovation or new management. The Fund focuses on small, fast-growing companies that Fred Alger Management, LLC believes offer innovative products, services or technologies to a rapidly-expanding marketplace. The Fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between (1) the higher of (a) $5 billion or (b) the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index (each, an Index and together, the Indexes ) with the highest capitalization, and (2) the company in either Index with the lowest capitalization, at any time during the most recent 12-month period as reported by either Index. Both Indexes are broad-based indexes of small capitalization stocks. At December 31, 2019, the market capitalization of the companies in the Indexes ranged from $13 million to $27.34 billion. Because of the Fund s long-term approach to investing, it could have a significant portion of its assets invested in securities of issuers that have appreciated beyond the market capitalization thresholds noted. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. The Fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the healthcare and information technology sectors. The Fund s portfolio manager(s) may sell a stock when it reaches a target price, it fails to perform as expected, or other opportunities appear more attractive. The Fund can invest in foreign securities, including emerging market securities.
|Asset Type||% Of Allocation|
|Total Net Assets||260.87 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$500|
|Timeframe||Average Annual Current Performance Monthly As Of 08/31/2021||Average Annual Current Performance Quarterly As Of 06/30/2021||Avg Annual Current Performance Monthly As Of 08/31/2021||Avg Annual Current Performance Quarterly As Of 06/30/2021|
|Life Of Fund||
|Symbol||Company Name||% Of Assets|
|NSTG||NANOSTRING TECHNOLOGIES INC||2.75%|
|TECH||BIO TECHNE CORPORATION||2.39%|
|ACIW||ACI WORLDWIDE INC||2.31%|
|SHAK||SHAKE SHACK INC||2.15%|
|VEEV||VEEVA SYSTEMS INC||2.11%|
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