Alger Small Cap Growth Institutional Fund Class I (ALSRX) NASDAQ

17.94

+0.49(+2.81%)

Updated at October 21 08:09AM

Currency In USD

Alger Small Cap Growth Institutional Fund Class I

Address

100 Pearl Street

New York, NY 10004

United States of America

Phone

212-806-8800

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

November 08, 1993

Key Executives

N/A

Description

The investment seeks long-term capital appreciation. 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 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.