Alger Mid Cap Growth Institutional Fund Class I (ALMRX) NASDAQ
Currency In USD
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Currency In USD
Address
100 Pearl Street
New York, NY 10004
United States of America (the)
Phone
212-806-8800
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 08, 1993
The fund's main goal is to generate substantial capital appreciation over the long term. It commits at least 80% of its net assets to common stocks of companies whose market capitalization, at the moment of purchase, aligns with the size parameters of firms listed in either the Russell Midcap Growth Index or the S&P MidCap 400 Index, based on the latest quarterly reports from these benchmarks. Both of these indices are constructed to monitor the financial performance of mid-sized companies.